{"id":759262,"date":"2023-06-29T11:00:04","date_gmt":"2023-06-29T11:00:00","guid":{"rendered":"https:\/\/omni48.com\/?p=759262"},"modified":"2023-06-29T11:57:09","modified_gmt":"2023-06-29T11:57:09","slug":"rolex-and-patek-prices-fall-to-a-near-two-year-low-on-the-secondary-market","status":"publish","type":"post","link":"https:\/\/omni48.com\/beauty-fashion\/rolex-and-patek-prices-fall-to-a-near-two-year-low-on-the-secondary-market","title":{"rendered":"Rolex and Patek Prices Fall to a Near Two-Year Low on the Secondary Market"},"content":{"rendered":"<p>The secondary watch market is softening amid wavering demand.&#160;Pierce Brosnan&#8217;s Classic Blancpain Watch Stole the Show at Netflix&#8217;s &#8216;Out-Laws&#8217; Premiere in L.A. Prices for timepieces by Swiss luxury watchmakers are near their lowest levels in almost two years on the resale market. A slowing economy, higher interest rates, and the crash in cryptocurrencies all factor into the slump, according to data by pre-owned watch dealer Subdial. In February 2022, prices for resale watches by names like Rolex and Patek Philippe peaked because of an unprecedented surge as the pandemic eased. Models from both brands, as well as other heavy hitters like&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The secondary watch market is softening amid wavering demand.&#160;Pierce Brosnan&#8217;s Classic Blancpain Watch Stole the Show at Netflix&#8217;s &#8216;Out-Laws&#8217; Premiere in L.A. Prices for timepieces by Swiss luxury watchmakers are<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-759262","post","type-post","status-publish","format-standard","hentry","category-beauty-fashion"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/759262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=759262"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/759262\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=759262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=759262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=759262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}