Will the clock always go up instead of down? I believe many people will have this problem.

Rolex and Patek Philippe as the two major "ACES" in the watch market, more and more people's attention, in the watch market is also the same. "Every move" usually gets more attention.

Watch Tour 1: This is the Rolex Navigator m326933-0005. The watch is equipped with an automatic mechanical movement. The case is made of gold-plated steel and features a date display, a month display, an annual calendar display and two work areas. , 42 mm diameter watch, 100 meters waterproof.

Watch Tour 2: This is a Rolex Datejust series m126333-0010 watch. The watch is equipped with an automatic mechanical movement. The bag and strap are made of gold (stainless steel /18k gold). It has a date display function. It has a diameter of 41 mm and is waterproof to a depth of 100 meters.

Watch Tour 3: This is a Patek Philippe super complex 6102P-001 watch. The watch is equipped with an automatic mechanical movement. The dial is made up of three metal-plated sapphire crystal discs, an oval that Outlines the Geneva sky. The case is made of 950 platinum with a square scale crocodile strap. It includes a date display and a moon phase display. The watch has a diameter of 44 mm and is waterproof to a depth of 30 meters.

Note: The above watch model information has nothing to do with the following content.

According to internationally renowned media reports, in October this year, the price of second-hand Rolex and Patek Philippe watches in the second-hand market fell to a two-year low. The reason they give is that the supply of watches is increasing, and the demand for expensive watches is also increasing. It continues to fall.

Take the Bloomberg Subdial Watch Index, which tracks the prices of the 50 best-selling watches on the secondary market. The index fell 1.8 per cent in October to its lowest level since 2021. In addition, it is down 42% from its peak in April 2022.

Despite this decline, market expectations are not good. Christy Davis, co-founder of British watch trading platform Subdial, said the watch market is showing signs of slowing as supply increases and second-hand watch dealers take longer to sell their goods.

However, the supply of some luxury watches has been affected during the epidemic. With the reduction of supply, the price of some watches is "high" and it is popular for a time.

Some people say that watches are hard money. It not only holds its value, but is also easy to use in difficult times. Is that true? I believe many people will have their own answer.

Simply put, through this case, we can see that when we use the watch as an investment or financial product, we must be careful not to expect the watch to keep rising. I have friends around me who think the price of watches will continue to rise, so they bought several watches. Some time ago, due to financial difficulties, they paid for these watches. Some of the watches are almost new and their prices have been reduced by more than half. This surprised and pleasantly surprised him.

In fact, no product can stand up forever. Up and down are the nature of markets. Risk awareness is not an easy thing to do.