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Click to download Volume 2 of our Special Report on Pre-Owned Luxury Watches and the Secondary Market.
Insight from The Watches of Switzerland Group's quarterly financial update suggests demand has fallen faster than supply for key brands.
The right luxury watches have proved to be a sound investment before and during the Covid-19 crisis.
The surcharge is effective immediately, and will only be applied in the United States, a spokesperson confirmed to WatchPro.
Businesses that have been conceived primarily as ecommerce operations have weathered the storm better than those relying on brick and mortar retail, and the leading pre-owned and secondary market players have suffered far less than those in the primary market.
In Volume 1, we focus on how the secondary market has performed during the first half of this year when the Coronavirus pandemic swept across the world.
Scores of brands and retailers show their support for equality by turning their Instagram feeds black.
Browsing for watches on the secondary market has spiked during lock down, but dealers are being offered much lower prices.
Overall prices are stable, Chrono24 says, as it reports rapidly rising sales since the darkest days of the Coronavirus crisis.
Chrono24's Big Data gives us a crystal ball to see how Coronavirus affects the behavior of consumers and dealers.