Constant warnings of a coming recession and rising rates have sent the stock markets and cryptocurrencies into a downward spiral, and the market for collectible luxury watches hasn?t been spared either, especially in the case of highly desirable Rolex models. After two years of staggering growth and reaching record prices, the aftermarket prices for Rolex watches are witnessing a steep fall. Some industry experts believe that this market crash will wipe out all the gains made during the last two years. This forces us to ask the question, has the bubble finally burst for Rolex watches" Well, even if the answer is yes, it might not be a bad thing, especially for those who want to buy a Rolex at its retail price.

As fast they went up the prices have come crashing down. Via – Watchcharts.
Rolex continues to be one of the most popular luxury watchmakers in the world with very robust demand for almost all of its models. One of the reasons behind its popularity is the fact that Rolex watches are comparatively affordable when compared to timepieces by brands such as Audemars Piguet, Patek Philippe, or Hublot.
Even the Rolex Daytona, a favorite with collectors and buyers alike was not spared. Via – Watchcharts.

However, over the last few years, it has become extremely difficult to purchase a Rolex from an authorized dealer at the list price. Getting your hands on a highly coveted stainless steel model is next to impossible and you?ll have to pay a hefty prem...