The Wall Street Journal
Commenting in The Wall Street Journal, BCG’s Nicolas Llinas explains that preowned luxury watches have become increasingly popular in recent years due to growing buyer interest and a shortage of new models. According to a BCG report, over the past five years, prices for preowned luxury watches rose at an annual rate of 20%—outpacing the S&P 500 index. Secondhand platforms for consumers and social media communities have made investing in vintage timepieces easier than ever.