Rolex CEO Says Comparing Watches to Stocks Is Dangerous

Led by brands including Rolex, Patek Philippe and Audemars Piguet, prices for pre-owned watches soared to unprecedented levels in 2021 and early 2022 as speculators, boosted by low interest rates and soaring cryptocurrency values, snapped up expensive Swiss timepieces.

from Business of Fashion https://ift.tt/abgNRUC