Even if the Rolex watch has fallen this year, Rolex has gone far beyond the boundaries of a simple watch product, it seems to have financial attributes, over the years, Rolex and other top luxury watches have undergone significant evolution, not only in price, but also in attributes and uses. Today, these luxury watches seem to be an investment. So do they have long-term holding value, and how will it develop in the future, let's analyze
1) Rolex's hot fry factor
Rise in 5 years
The value of Rolex over the past five years has been impressive, which has been of great interest to many collectors and investors. In the past five years, many popular watches have had a financial effect, with the average price of popular Rolex models increasing by nearly 42%.
Rolex Retention Factors
What factors have played a key role in the last five years? First and foremost, it must be the popularity of Rolex, and the brand itself is shaping scarcity and preserving value, which is decisive. In addition, Rolex's own quality, it is no exaggeration to say that Rolex wears it for 10 years as new, which has a strong ability to retain value, and Rolex will hardly have any discount in at least ten years, which is in line with the attributes of finance, Rolex has a long service life, which is also a factor of long-term speculation.
2) Rolex's ability to retain value has declined
We have analysed the growth of Rolex over the past five years, but in the last year most of the watches have been in a state of decline, and the ability of Rolex to retain value has also declined, and the uncertainty of the value retention properties of watches in the future, and the economic slowdown, which has led to a general reluctance to buy luxury watches, which has led to oversupply and falling prices. In other words, the ability of various popular watches to retain their value has been declining in the past two years.
3) Is Rolex worth investing in in the future?
The price of Rolex fell by more than 3% last year, but in the long run, Rolex still has a good ability to retain value, here it is about value preservation rather than value-added, you can look through all the series of Rolex, and there are very few watches that do value-added. Even adding value takes a long time to build the foundation, so Rolex doesn't have a good hype attribute.
Last month, the global Rolex index fell by only -0.36%, perhaps it has reached the bottom of the market predicted by some fans, although not all Rolex can increase in value, but most Rolex is still very valuable, for ordinary cousins, long-term wear is not to worry about Rolex continues to fall, the brand has self-gold content protection, long-term growth.
Summary of tips: For the average cousin, one or two Rolex can not talk about investment, most Rolex models can not talk about growth, especially new watches, itself is a premium to start, wearing also has a depreciation rate, can do flat without losing money is already very good, at present, second-hand products to remove flashy, relying on the passage of time still has a certain potential. If you want to know more about the market and information of second-hand products, you can leave a message and ask questions, and we will try our best to answer.
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