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Top luxury watch models outperform S&P 500 in annual resale returns: report

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. 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.
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.