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GOBankingRates
GOBankingRates
Caitlyn Moorhead

Are Luxury Watches Like Rolex Losing Their Value?

AS photo studio / Shutterstock.com

Luxury watch brands like Rolex have become synonymous with great wealth and elite status. The Geneva, Switzerland company has been in business since 1905 and produces between 80,000 and one million Swiss timepieces per year. For many years, their watches have been generally considered good investments because they appreciate over time and are always in demand, but is that still the case?

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