Rolex Oyster Perpetual watches are almost unobtainable new from dealers now and can sell pre-owned for double or triple the listed price.
Why a pre-owned Rolex, Patek Phillipe or Audemars Piguet can cost triple the same model new, and the lesser-known brands to watch out for
- WatchBox co-founder Liam Wee Tay estimates the second-hand watch market is now worth US$20 billion, driven by limited production and pent-up demand
- Smaller watch brands to keep an eye on include F.P. Journe, H. Moser, Rexhep Rexhepi and De Bethune, Tay says
Rolex Oyster Perpetual watches are almost unobtainable new from dealers now and can sell pre-owned for double or triple the listed price.