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The first finding is that the prices of the most popular watches available replik uhren on the grey market from the Rolex, Patek Philippe and Audemars Piguet brands will fall - again - as supply increases. Whether new (NOS, New Old Stock) or used, more and more Nautilus, Daytona and Royal Oak are being offered for sale by unofficial dealers. After rising sharply in 2021,replica rolex watches and in the first quarter of 2022, the price of Rolex's Daytona fell by 21%, after peaking last April, according to WatchCharts figures made available via Morgan Stanley. The same is true for Patek Philippe's Nautilus, with an average price drop of 19% on the grey market, compared to 15% for the models from the creator of the Royal Oak. And the fall in prices should visibly continue this year: "we have noted a strong increase in the inventory of watches replica watches on the grey market, via resellers specialising in the sale of second-hand models and via private individuals who now wish to sell off their stock," noted Morgan Stanley analysts. "Given the current inventory of watches for sale and the deteriorating macroeconomic environment, we expect second-hand prices to contract further quarter on quarter," they added. While Rolex, Patek Philippe and Audemars Piguet account for 71% of the market for luxury watches sold on the grey market,replica rolex watches not all brands have seen the average price of their flagship models fall.
November 2022
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