Credits: Article and images by Hamza Masood @ Quill & Pad. See the original article here - https://quillandpad.com/2024/10/25/watchcharts-september-2024-watch-market-update-first-positive-trend-up-this-year-best-green-rolex-submariner/
Hamza Masood is the Business Development Manager at WatchCharts.com, which has kindly allowed us to share their monthly Market Updates.
The WatchCharts Overall Market Index saw a positive trend in September, rising 0.8% compared to the previous month. The last time we reported a positive trend was for the month of December 2023, when the market likely saw a boost due to the holiday season.
Rolex prices rose 0.8% last month, while Patek Philippe prices rose by 0.5% and Audemars Piguet prices fell by -0.4%. Altogether, September presented a mixed picture of overall market performance, though prices for the majority of brands continued to fall.
WatchCharts Market Index to October 2024
The increase in Rolex prices was spread across the vast majority of model families, with the best performers being the Air-King, Day-Date, and Datejust collections. All three gained over 1.5% in September, with the Day-Date and Datejust models in the Rolex Market Index making up just over a third of its weight.
The increase in Patek Philippe prices was driven almost entirely by the Nautilus collection, which was up 0.5% in the previous month (two-thirds of the watches in the Patek Philippe Market Index are from the Nautilus collection).
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Credits: Article and images by Hamza Masood @ Quill & Pad. See the original article here - https://quillandpad.com/2024/10/25/watchcharts-september-2024-watch-market-update-first-positive-trend-up-this-year-best-green-rolex-submariner/
