Time for Change: The Rise and Fall of the Luxury Watch Market

In this episode, we dive into the dramatic rise and fall of the luxury watch market, exploring how "hype" watches like the Rolex Daytona and Patek Philippe Nautilus surged in value before facing a significant correction. We discuss the factors driving this boom, including demand from wealthy consumers and a shift in the perception of luxury watches. As the market cools due to inflation, interest rates, and overproduction, we highlight why this correction is ultimately beneficial for passionate collectors. Join us as we emphasize the importance of purchasing watches for personal enjoyment rather than purely as investments.