Brooks Koepka's Rolex Daytona 116500 "The Barometer for Rolex Prices"

1 year ago 52

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Brooks Koepka, 1 of the champion golfers connected the satellite won his 3rdPGA Championship yesterday successful expansive style…wearing 1 of the astir grail worthy watches connected the planet, the Rolex Daytona 116500 aka, the “Panda.”

According to Paul Altieri, laminitis & CEO of Bob’s Watches, the largest retailer of pre-owned Rolex watches, this circumstantial ticker is the barometer for whether Rolex prices volition spell up oregon down. A twelvemonth ago, a pre-owned “Panda” was selling for astir $50k.

“The Rolex Daytona. One of my favourite customers erstwhile quoted - bargain immoderate Rolex exemplary you privation arsenic agelong arsenic it starts with a “Day” and ends successful “Tona,” said Altieri.

 “The Rolex Daytona “panda” dial has served arsenic a bellwether denotation of wherever values and prices are contiguous successful the secondhand market. Altieri continues, "prices for this exemplary astir a twelvemonth agone peaked astatine astir $50,000 USD and past started a gradual diminution to astir 32k 5 months ago. Today they are gradually bouncing backmost and are present astatine astir $34k to $35K which indicates that the marketplace is inactive precise resilient.”

Bob's Watches

Today, Bob’s Watches has 1 (1) connected their tract which is selling for $34,995. This is simply a beauteous steep driblet arsenic the marketplace has softened implicit the past year, but inactive a acold outcry from the existent retail terms of a caller one, selling for $15,100 astatine Rolex. The lone occupation is you can’t get 1 astatine retail and the secondary marketplace is the lone crippled successful town.

Bob's Watches

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