Green light from Rolex is the most significant step forward for pre-owned watch market since Richemont bought Watchfinder.
Backlash against pre-owned watch evangelist Danny Govberg comes from Richemont, the owner of direct rival Watchfinder.
pre-owned watches
Cooling prices on secondary market, coupled with staggering wait lists, make searching for steel subs largely pointless.
Richemont jewelry and watch house looks to service and support watches throughout their lifetimes and might buy and sell them many times over the years.
The biggest auctioneers have their most prestigious sales of the year starting this weekend and Philadelphia's pre-owned specialist is offering an alternative way to buy a classic timepiece.
Prices for Daytona (+11%) and SkyDweller (+50%) lead Rolex steel watch prices higher in 2019 as supply squeeze continues, reveals Bob's Watches CEO
CEO Raynald Aeschlimann says certificate could add to the value of customers' pre-owned and vintage timepieces.
Investment will be used to help secondary market platform "shape the future of the online luxury watch industry," CEO Tim Stracke says.
Fellows sells 456 lots in online auction concentrating on brands that grab fewer headlines but have just as many enthusiasts.
With the takeover of Tourneau in January 2018, Bucherer was able to benefit from the US watch retailer’s long-standing expertise in the CPO market.
