![Secondhand sales currently represent nearly a third of the $75 billion dollar luxury watch market, according to newly-released analysis from pre-owned timepiece seller Watchbox and Boston Consulting Group.](https://cache.luxurydaily.com/wp-content/uploads/2023/01/screen-shot-2023-01-20-at-3-06-30-pm.png)
Image credit: Patek Philippe
A growing population of wealthy watch owners are turning to timepieces to hedge against inflation and diversify portfolios, according to a new report.
A growing population of wealthy watch owners are turning to timepieces to hedge against inflation and diversify portfolios, according to a new report.