The State of the Steel Sports Watch
Market Wrap with Mike Manjos
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6m 28s
Another week, another episode of Market Wrap, brought to you by WatchBox and Mike Manjos. Rolex is top of mind this week, and Mike kicks off the conversation with three stunning additions to our inventory, including a Daytona in Everose gold with a chocolate brown dial (116515), and not just one, but two vintage Day-Dates with wood dials.
For our main topic, we dial in on the ever-rising steel sports watch segment of the secondary market. While market values for watches from category-leading brands like Rolex and Patek Philippe are indeed rising, Mike discusses how independent brands like H. Moser and Gronefeld are also experiencing spikes. This trend extends to A. Lange & Söhne with its Odysseus, and of course, the Audemars Piguet Royal Oak, which has a milestone anniversary in just a few short years. Mike believes that this category will continue to thrive well into 2021...what are your predictions?
In closing, Mike highlights some watches we have our eyes on, including the Vacheron Constantin Overseas, Patek Philippe's Lemania-based chronograph; Ref. 5070, and Rolex Day-Dates in platinum. Contact one of our client advisors [[email protected]] to talk about the process of selling your watch to WatchBox – whether you have one of these models or another timepiece you wish to sell or trade.
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