Rolex watch prices ticked down in May as a year of unprecedented growth became 'unsustainable'

The resale market for luxury wristwatches was on fire earlier this year, but it appears to have had a dose of cold water in recent months. A price index that tracks 30 models with high trade activity fell by 9.3% in May, after having peaked In April. Even the index tracking the Rolex brand, which …

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