Audemars Piguet's well-known Royal Oak series,It has been more than 50 years since it came out,At the beginning of its existence,This large-diameter sports steel watch is not welcome,The price is also 3-4 times higher than the watch of the same period,However, Audemars Piguet insists on recommending Royal Oak,Positioning the oak tree as the essence of the brand,After 50th anniversary,Royal Oak has become one of the few high-cost steel watches at present,However, there are ups and downs,This month Royal Oak ushered in a new low of the year,Let's analyze it。
1) Royal Oak fell to a low point this month
This time the fall is serious is the Royal Oak Jumbo ultra-thin two-needle style, once this ultra-thin model rose a lot, but from the second half of 2022, Audemars Piguet 50th Anniversary 16202 ST type, has entered the secondary market one after another, and its market has also been affected by the big environment and gradually fell from the high, most of the Audemars Piguet Oak has been affected, and in the fourth quarter of 2023, it will continue to fall sharply, and the two-needle model has fallen from 63-650,000 to 59, which is not small.
After another half a year to May 2024, I originally thought that Audemars Piguet Royal Oak had reached a low point, but this month, the market of 16202 ST suddenly declined significantly, and even fell to a new low of 560,000, which is 11% lower than the high point, it seems that this number is more amazing, but compared with the public price of Royal Oak, the premium rate is still more than 124%, and it is really amazing that a stainless steel two-hand watch can reach more than 500,000.
2) Will high-end watches continue to fall?
Luxury watches are different from other financial products, do not have the attributes of fast rise and fast fall, it will have a slow value discovery, and a return to reason, two years ago the rapid rise has been a rare phenomenon in the bezel, and now it is a slow return to reason for the value, after two years of digestion, this year has been basically released.
Watches like Royal Oak are caused by excessive prices in the early stage, and ordinary watches have fluctuated very little this year, such as Omega, IWC and other second-tier luxury watches, which basically show a relatively stable trend.
Summary of tips: At present, there are more than 140 oak RO watches included in the brand's official website, but there are several of them that can inherit the 5402 bloodline, two-needle version, three-needle version, and several new and old versions, Audemars Piguet has seriously overdrawn the popularity of Oak, this decline is also reasonable, the future Oak series will continue to return to reason, if you need more second-hand watch market and information can leave a message to ask, we will try our best to answer.
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