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New and pre-owned luxury watch sales hit $100 billion in 2023

Pre-owned watch sales hit $24 billion in 2023, around one-third of the retail value for luxury watch sales, calculated at $75 billion, despite secondary market for the hottest watches from Rolex, Patek Philippe and Audemars Piguet continuing to fall. EveryWatch, which uses artificial intelligence to track and analyse sales on the secondary market and auctions […]

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