Source: WatchCharts, Morgan Stanley
Inventory for Rolex watches on the pre-owned market more than doubled in just two years, the latest sign Rolex owners are trying to cash out as prices continue to fall.
According to the latest WatchCharts & Morgan Stanley research, Rolex pre-owned inventory is at 110% what it was in March 2022 with prices now reaching a three-year low.
Rolex pre-owned inventory rose 8% in the first quarter of 2024.
These pages reported last week Rolex official retailers in the Certified Pre-Owned program have added a staggering 1,200 pre-owned pieces in just one quarter, a jump of 33%.