Watches

 Contrast Retail Market to Secondary Market

Any watch collector is aware of how difficult it is to get an unique timepiece. Asking for a Cosmograph Daytona at a Rolex boutique will often result in a direct "no" or a spot on a multi-year waiting list, with the recommendation to purchase non-collectable versions first. Watch valuation cardiff



If you are affluent and unable to wait, you may get the identical pre-owned watch - often in brand-new condition - on the secondary market for a price that is more than the original suggested retail price.


This transition from the main to secondary market is when the first price increase occurs. A person may walk out of a watch shop and quickly resell their collectible watch to a dealer for a reasonable profit margin. On the secondary market, this Rolex model sells for around 2.5 times its Recommended Retail Price (RRP).

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