An AI generated image of a trendline overlaying the image of a watchshot. Back in April, I posted a summary of preowned watch price discounts from a major online retailer. The discounts were larger than I expected, averaging roughly 25%. This week, I received an email from the same retailer about another discount event, so I thought I would update the April exercise. Bottom line up front: the discounting continues but it may have slowed slightly. Let's get into the details. Chrono24's Chronopulse price index (disclosure: I participated in development of this index) shows that prices did increase by 6/10 of one percent heading into the beginning of May. Screenshot of some of the most recent market data from Chrono24's ChronoPulse. Aside from the traditional end-of-year holidays, graduation season in May / June is a high point for watch purchases as friends and relatives gift timepieces to new graduates. For this reason, the May uptick in prices may have been part
Economic complications in watchmaking