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Rolex and Patek returns beat vintage cars and bitcoin

The Edge Markets LogoThe Edge Markets1 mo ago

Rolex and Patek returns beat vintage cars and bitcoin

Quick Summary AI Powered

After Patek ended production of the 5711 reference Nautilus, prices for its most popular model soared ever higher.

Some investors who earned big returns in tech stocks and crypto currencies looked to pre-owned watches as the next hot asset class.

Interest in collectible vintage watches spiked during the pandemic as consumers, flush with cash but stuck at home, parked funds in timepieces they lusted over online.


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Article Details

Category: InvestingFinance

Topics: Index Months Days Patek Prices Nautilus Philippe Crypto Rolex Data Watches

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 13:40:57

News Timezone: GMT +8:00

News Source URL: theedgemarkets.com

Language: English

Reading Time: 3 minutes read

Article Length: 463 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 5984

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About The Edge Markets

The Edge Markets Logo

Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 111 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 9h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #17

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