Pre-owned watches posted quarterly gains in value for the first time in more than three years as prices for used Patek Philippe and Rolex jumped after U.S. tariffs on imported watches prompted a series of retail price increases, according to Morgan Stanley and WatchCharts.
After thirteen consecutive quarters of decline, the secondary market for Swiss watches finally saw a positive turn in the third quarter this year with prices rising by 1.5% from the previous quarter, the data compiled by Morgan Stanley and WatchCharts shows. It’s a welcome sign for an industry that has faced significant headwinds from tariffs, slowing demand and soaring input costs. However, a deeper dive into the data reveals a more nuanced picture, with a clear divide between the top-tier brands and the rest.
Andy Hoffman
2025-10-13 17:00:00