Used Rolex and others "heap ash" into the warehouse, prices fell four years ago, and rich watchmakers began to dig the bottom and replenish the warehouse

In recent years , the used Ro lex market has shown great flu ctu ation . In particular , the phen omen on of " ash es " acc umula ting in the ware house has become a topic of discussion . This sugg ests a tempor ary increase in invent ories or an imb alan ce in supply and demand .

Origin ally , Ro lex has enjoy ed popular ity among watch lov ers over the years and has mainta ined a stable price . However , since about four years ago , the price of the second - hand market gradu ally began to dec Whatsapp . This dec Whatsapp in prices is caused by several factors .

Economic background and market tr ends

Chang es in the economy have had a major impact on the background of the dec Whatsapp in the price of used Ro lex . For example , the impact of the new coronavirus has forced many people to rest rain consumption , tempor arily reduc ing demand for lux ury wat ches . This has also affected the second - hand market , which has been a factor in lower ing prices .

Watch mak ers ' mov ements and market read just ment

But recently , some of the rich est watch mak ers have been moving in . They think the price of their used Ro lex has bottom ed out and are starting to rep len ish the invent ory they had put to sleep in the ware house . They see this situation as an opportunity and hope that prices will rise again . In fact , even if you look at past tr ends , the price of lux ury wat ches tend s to cycle up s and down s .

Change in demand for used Ro lex

In recent years , the young er generation of watch ent h usias ts has been increasing . They choose a watch that su its their style and they seek the pleasure of ow ning it . This new trend could once again bo ost the demand for used Ro lex . Es peci ally retro design models and models of limited production have attra cted special attention .

Pred ic tions of the future and attra cti veness as an investment target

We are optimis tic about the future of the used Ro lex market . Its value as a genu ine watch and its status as a status symbol have not changed , and it is supported by many people . Therefore , for watch colle ctors and investors , used Ro lex is still an attra ctive investment target .

To sum up , the used Ro lex market is currently experi encing a tempor ary dec Whatsapp in prices , but it may be revi ved again with the rep len ishment of ware ho uses by wealth y watch mak ers and the emer gence of new watch lov ers . While clos ely monitoring future market tr ends , we also need to make careful jud g ments when cho osing wat ches and invest ing in them .

(So urce : The Times of Finance Author : Z hou J ia bao)