Are We in a Bubble? | Market Wrap

Another week, another episode of Market Wrap; bringing you the latest updates from the secondary watch market. Mike Manjos kicks off this week’s conversation with some of his favorite pieces that came across WatchBox's trading floor, including an Audemars Piguet Royal Oak Dual Time with a 36mm tantalum case – we’re psyched just typing about this watch! And other highlights from the week included a Blancpain Tribute to Fifty Fathoms Mil-Spec and a Ressence Type 1 Slim. For our main topic, Mike turns to the interesting market dynamics of late, and asks a question that has been on many of our minds: "Are we in a bubble?" He explores F.P. Journe and Rolex as two of the hottest brands, citing the extreme rarity of Journe's brass movement pieces. Less than 2,000 timepieces were ever made with brass movements, making them a focus of collectors worldwide. In the realm of Rolex, the current market position for Batmen and Hulks feels sound; given that the original BLNR is no longer in production and the speculation surrounding the retirement of the Hulk. Rolex has been teasing us with hints to next week's new releases, and we wonder how they may affect the market... In closing, Mike highlights several models WatchBox is looking to acquire for inventory, including the Rolex Submariner "Hulk", Audemars Piguet Royal Oaks, and Patek Philippe Perpetual Calendars - specifically Reference 3940. Contact one of our client advisors [social@thewatchbox.com] to talk about the process of selling