Go Buy a Rolex!—It’s Officially a Buyer’s Market

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We've looked at the data, and this is a great time to go buy a Rolex sports watch.

. Prices are down, and supply is up—and that spells “buyer’s market.” This is especially true of pre-ownedAs collectors, the problem with market-wide predictions and recommendations—and even simple observations—is that individual brands, models and even specific references can be moving in directions at odds with the general market.that pre-owned Cartier and Breitling had dropped in value during Q1 of this year, and yet the Cartier Panthère rose 19.

A fair warning from Eric Wind: “Even a very recent Rolex needs to be checked out before you go swimming with it. People assume that because it’s a modern Rolex, it’ll be waterproof, but you need to get it checked out.” His point is well taken, as rubber gaskets can wear out, and you can’t be sure whether the previous owner didn’t overwork the crown, or whether the watch was recently serviced.

You can always expect to pay more for white dials than black ones with Explorer II references, but the prices are really down: Around $8000 for a black dial, and as little as $8500 for a white dial as of this writing. As always, condition, service history and box and papers will be important.This may come as a shock, but according to ChronoPulse, the Rolex Oyster Perpetual 41 124300 is down -20.99 percent.

 

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