The Bloomberg Subdial Watch Index, which tracks prices for the 50 most-traded watches by value on the secondary market, bottomed in late January and has since been rising in a „V-shaped” fashion, rebounding from a low of $31,535 to $34,001 as of last Thursday, or about a 7.8% increase from the trough.

Used Rolex prices also bottomed out in late January at around $10,964 and have since climbed to $11,882 – a jump of about 17.2% from the trough.

Used Patek prices bottomed around $88,379 and have since risen to $95,829 – or about 8.4%. 

Critical research for broader watch industry:

• Winding Up For A Comeback: UBS Eyes Rolex Recovery Cycle

• Used Rolex Demand Soars On Tariff Uncertainty

• Secondhand Gold Rolex Demand Rises As Yellow Metal Hits Record

• Will Swiss Tariffs Drive Used U.S. Rolex Prices Higher?

Fun reads:

• These Are The Best Military And Intelligence Unit Watches

• Axis Of Upheaval: Military Watches Of Russia & China

Rolex prices on the secondary market appear to have finally bottomed.