{"id":58072,"date":"2021-01-20T11:01:44","date_gmt":"2021-01-20T11:01:44","guid":{"rendered":"https:\/\/www.watchpro.com\/?p=58072"},"modified":"2021-01-20T11:01:44","modified_gmt":"2021-01-20T11:01:44","slug":"rolex-watches-generate-highest-resale-profits","status":"publish","type":"post","link":"https:\/\/www.watchpro.com\/rolex-watches-generate-highest-resale-profits\/","title":{"rendered":"Rolex watches generate highest resale profits"},"content":{"rendered":"<p><strong>Rolex watches were the most profitable for people selling luxury timepieces in 2020 via TheRealReal consignment platform.<\/strong><\/p>\n<p>Patek Philippe was also among the top 10 overall, a list topped by high fashion and jewelry brand Goyard, Van Cleef &amp; Arpel and Louis Vuitton.<\/p>\n<p>Rolex was number six on the list of top 10 luxury brands with highest resale value in 2020 on TheRealReal.<\/p>\n<p>Patek Philippe seventh and Cartier ninth.<\/p>\n<p><a href=\"https:\/\/www.watchpro.com\/2021\/01\/Top-10-Brands.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-58076\" src=\"https:\/\/www.watchpro.com\/2021\/01\/Top-10-Brands.jpg\" alt=\"\" width=\"1058\" height=\"1920\" title=\"\" srcset=\"https:\/\/www.watchpro.com\/2021\/01\/Top-10-Brands-564x1024.jpg 564w, https:\/\/www.watchpro.com\/2021\/01\/Top-10-Brands-846x1536.jpg 846w, https:\/\/www.watchpro.com\/2021\/01\/Top-10-Brands.jpg 1058w\" sizes=\"(max-width: 1058px) 100vw, 1058px\" \/><\/a><\/p>\n<p>It is the second year that TheRealReal has released analysis of its consignment sales, and Rolex remains the platforms best performer.<\/p>\n<p><a href=\"https:\/\/www.watchpro.com\/2021\/01\/Rolex-2.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-58074\" src=\"https:\/\/www.watchpro.com\/2021\/01\/Rolex-2.jpg\" alt=\"\" width=\"1920\" height=\"731\" title=\"\" srcset=\"https:\/\/www.watchpro.com\/2021\/01\/Rolex-2-1024x390.jpg 1024w, https:\/\/www.watchpro.com\/2021\/01\/Rolex-2-1536x585.jpg 1536w, https:\/\/www.watchpro.com\/2021\/01\/Rolex-2.jpg 1920w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/a><\/p>\n<p>Five of the top 10 men&#8217;s wristwatches with the greatest year on year resale value growth were Rolexes.<\/p>\n<p>Rolex watches also sold 1.1x faster than in 2019.<\/p>\n<p><a href=\"https:\/\/www.watchpro.com\/2021\/01\/Most-Expensive-Watches.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-58073\" src=\"https:\/\/www.watchpro.com\/2021\/01\/Most-Expensive-Watches.jpg\" alt=\"\" width=\"1920\" height=\"888\" title=\"\" srcset=\"https:\/\/www.watchpro.com\/2021\/01\/Most-Expensive-Watches-1024x474.jpg 1024w, https:\/\/www.watchpro.com\/2021\/01\/Most-Expensive-Watches-1536x710.jpg 1536w, https:\/\/www.watchpro.com\/2021\/01\/Most-Expensive-Watches.jpg 1920w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/a><\/p>\n<p>The most expensive watch sold on TheRealReal last year was a Patek Philippe Nautilus 5722G, which went for $117,995.<\/p>\n<p>A Richard Mille RM030 came second with a sale price of $107,495.<\/p>\n<p>TheRealReal is proving to be particularly popular with younger generations, with 31% of consigners defined as Gen Zers or millennials (aged 18-34).<\/p>\n<p>An additional 18% were under 44.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rolex watches were the most profitable for people selling luxury timepieces in 2020 via TheRealReal consignment platform. Patek Philippe was also among the top 10 overall, a list topped by high fashion and jewelry brand Goyard, Van Cleef &amp; Arpel and Louis Vuitton. Rolex was number six on the list of top 10 luxury brands [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":58075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_hide_updated_date":false},"categories":[2],"tags":[63,11313],"newspack_lstngs_evt":[],"newspack_lstngs_gen":[],"newspack_lstngs_mkt":[],"newspack_lstngs_plc":[],"acf":[],"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"WATCHPRO","distributor_original_site_url":"https:\/\/www.watchpro.com","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/posts\/58072"}],"collection":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/comments?post=58072"}],"version-history":[{"count":0,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/posts\/58072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/media\/58075"}],"wp:attachment":[{"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/media?parent=58072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/categories?post=58072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/tags?post=58072"},{"taxonomy":"newspack_lstngs_evt","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_evt?post=58072"},{"taxonomy":"newspack_lstngs_gen","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_gen?post=58072"},{"taxonomy":"newspack_lstngs_mkt","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_mkt?post=58072"},{"taxonomy":"newspack_lstngs_plc","embeddable":true,"href":"https:\/\/www.watchpro.com\/wp-json\/wp\/v2\/newspack_lstngs_plc?post=58072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}