We now have even more proof that are in vogue.

The pre-owned just recorded its best half-year performance since early 2022, as the industry at large faces the economic implications of the trade war and a drop in demand for new wrist candy.

The , which tracks the 50 most-traded timepieces by transaction value, gained 5.3 percent in the first half of 2025. The uptick, which has extended into the third quarter, represents a stark contrast to the plummeting Swiss watch exports.

More and more collectors are turning to the secondary market as record gold prices and the strong Swiss franc drive up the production cost and retail price of new timepieces. Shoppers are also looking to skip the delays that can come with buying a new model, Christy Davis, founder of London-based Subdial, a watch dea

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