
Business News: Rolex Is Now Certifying Watches That Are Two Years Old In Change To CPO Rules
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Business News Rolex Is Now Certifying Watches That Are Two Years Old In Change To CPO Rules
WatchCharts estimates that there are now approximately 8,500 Rolex CPO listings worldwide, with an average premium of around 30%. Average prices for Rolex-CPO watches in the U.S. were the lowest, at about 16%.
Data compiled by WatchCharts shows that Rolex-owned Bucherer retailers in Europe charged the highest average premium for Rolex CPO watches, with prices averaging a 42% premium compared to non-Rolex CPO dealer prices, as of July 5. Average prices for Rolex-CPO watches at the U.S.-based 1916 Company were the lowest, at about 16%, according to the data. Rolex has said it allows official dealers to independently set prices for Rolex CPO watches and has no control or influence over each retailer’s prices.