Tag: luxury watches
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Exploring the Economics Behind the Soaring Prices of Used Rolex Watches
The YouTube video by news channel UCK7tptUDHh-RYDsdxO1-5QQ titled “Why New Rolex Watches Can Cost Thousands Less Than Used Ones | WSJ The Economics Of” explains the booming secondary market for Rolex watches and the factors leading to used watches being more expensive than new ones. The scarcity due to long wait lists for new Rolexes,…