Purpose of the Page
This page is designed to assist you in researching luxury watch prices, offering insights on market trends and investment potential.
Data Sub-Genre Focus
Since this assignemnt requested that we focus on a certain sub-genre of data, I decided to focus on watches, given my passion for watchmaking. Specificially, I want to analyze the prices and market trends for luxury watch models. For the page, I have chosen Rolex, Patek Philippe, Audemars Piguet, Cartier, and Omega.
Web Resources
WatchCharts
This website provides comprehensive data on watch prices and market trends for various luxury watch brands.
Chrono24 – ChronoPulse
World's largest online marketplace for luxury watches. Viewing the prices here enables users to understand historical and current price trends of specific watch models.
EveryWatch
Tracks historical pricing, providing insights into brand trends and individual watch model performances.
Example Insights
In-Depth Walkthrough
To analyze the price trends of the Rolex Submariner Date:
- Navigate to WatchCharts.
- Search for "Rolex Submariner Date 126613LN" in the search bar.
- Review the historical price graph and market data.
- Compare retail and current market prices to assess appreciation or depreciation.
This screenshot shows the price trends for the Rolex Submariner model. As you can see the price has been moving up and down over the last few months, with no clear trend.
More importantly, we're able to see the retail price of the watch and the current market price. This highlights that the market price is currently lower than the retail price, which means that the watch is currently undervalued.