The Secondary Market for Luxury Watches Has Outpaced the Stock Market Since 2018

There are a few factors that have informed this growth. For one, these watches are simply in shorter supply after, Patek Philippe, Tag Heuer, Audemars Piguet, Hublot, and other watchmakers temporarily shut down or slowed production amid the pandemic. The report also pointed out that there’s an influx of new, younger buyers who are less “personally attached” to their watches. These new collectors, trading in their models when they see a good opportunity.

A rare Audemars Piguet stainless steel and 14k pink gold full calendar chronograph wristwatch at the auction house Christie’sThe younger generations’ interest—both Millennials and Gen Z—in alternative investment strategies is not new, but

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian Stock Market: Trades mixed to higher as the market digests US CPIThe Asian equity complexes are trading mix in the late hours of the Asian trading session. The ChinaA50 is down about 0.38% and HK50 is down about 0.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »