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Bangkok Post
Bangkok Post
Business

Crypto collapse floods market with Rolex and Patek

Rolex Patek Crypto Chrono24 Patek Philippe Tim Stracke
Representations of cryptocurrencies in this illustration taken on Jan 24, 2022. (Photo: Reuters)

The collapse in cryptocurrencies is easing supply of the most sought after watches on the second-hand market, depressing prices for hard-to get-Patek Philippe and Rolex models.

The supply of trophy watches such as the Rolex Daytona or Patek Nautilus 5711A “is now much larger,” online-watch trading platform Chrono24 said in an emailed statement. 

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