Fine Watches, Low Prices: The Global Economy’s Affect on The Luxury Watch Market

Fine Watches Low Prices: The Global Economy’s Affect on The Luxury Watch Market

Have you ever wondered what the effect of the sluggish economy in Europe is having on the luxury watch market on a global scale? When you combine the struggling economies of Europe and China, as well as Russia’s devaluation of currency and Brazil’s nightmarish recession, the end result is record low prices on luxury watches in the United States. Since those currencies have backed off against the dollar, dealers are able to pay less for wholesale prices on used watches. This has made it even more attractive to buy late-model, modern luxury watches from brands like Rolex, because this leap is affecting market prices in a way that is unprecedented over the last 20 years.

Rolex and Patek Philippe watch prices are not the only ones being rolled back. You can currently buy Cartier watches, Breitling watches, Omega watches, etc. for the best prices you have ever seen. Even right here at Gray and Sons, you will see that our everyday prices as well as our holiday sales prices have been rolled back to figures we would normally buy these items for. Throw in the fact that we include our standard 1-2 year warranty, Like New For Life policy consisting of free annual polishing, an in-house team of master Swiss-trained watchmakers and jewelers, plus five specialists in-house six days a week, the value of shopping with us is far beyond monetary.

Gray and Sons works very, very hard to be a purveyor, seller, and repair center of fine luxury watches in a time where prices are at an all-time low. We take pride in our company culture of providing some of the lowest prices in the market and we encourage you to challenge us on that. Check around and then check us out last- that’s our mantra. We’re not afraid of the competition. Come to us last when shopping for a certified pre-owned luxury watch and see for yourself.