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Your Rolex is Not Worth What it Used to be
Your Rolex is Not Worth What it Used to be
According to a recent study, your Rolex is not worth what it used to be. Original retail price for a Rolex Daytona, Audemars Piguet Royal Oak, and a Patek Philippe Nautilus ranged from $12,400 to $35,000. By peak 2022, prices had more than tripled. As 2022 progressed, prices declined slightly but still ranging from $44,500 for a black dial Rolex Daytona to $192,800 for a Patek Philippe Nautilus.
Source: A Collected Man; Chrono34
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ABOUT MIKE MERCURIO
Mike Mercurio | mmercurio@offitkurman.com | 301-575-0332
Michael N. Mercurio is a leading attorney in the field of mergers and acquisitions (M&A). He serves as outside general counsel in buy-side and sell-side M&A, as well as in all business law and real estate law matters. As a strategic partner to firm clients, Mr. Mercurio regularly counsels entrepreneurial individuals and assorted entities on the many challenges, issues, and opportunities companies face throughout the business lifecycle—from start-up to eventual exit.
ABOUT OFFIT KURMAN
Offit Kurman, one of the fastest-growing, full-service law firms in the United States, serves dynamic businesses, individuals and families. With 18 offices and more than 250 lawyers who counsel clients across more than 30 areas of practice, Offit Kurman helps maximize and protect business value and personal wealth by providing innovative and entrepreneurial counsel that focuses on clients’ business objectives, interests and goals. The firm is distinguished by the quality, breadth and global reach of its legal services and a unique operational structure that encourages a culture of collaboration. For more information, visit www.offitkurman.com.
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