Source: GIPHY In fact, the watch trading business is burgeoning more than ever. Chrono24, a popular platform linking dealers or private sellers with buyers in Singapore saw its trading volume jump more than 50% in the first half of 2022. A reason for this is due to the recent crypto meltdown. Knowing that a luxury watch may cost an arm and leg, being a curious creature, I’ve done up some calculations just to see how much one has to earn to make a...Rolex, Patek Philippe, Tudor… luxury watches. Luxury watches are often deemed timeless, made with top-grade materials and held strong underlying value due to their history, technology, exclusivity and craftsmanship. One thing most people would about these timepieces – they only become more valuable over time. According to Statista, Singapore ranks 4th globally in generating revenue for luxury watches, which translates to US$2.14 billion in 2022! Source: GIPHY In fact, the watch trading business is burgeoning more than ever. Chrono24, a popular platform linking dealers or private sellers with buyers in Singapore saw its trading volume jump more than 50% in the first half of 2022. A reason for this is due to the recent crypto meltdown. Knowing that a luxury watch may cost an arm and leg, being a curious creature, I’ve done up some calculations just to see how much one has to earn to make a...
Source: GIPHY In fact, the watch trading business is burgeoning more than ever. Chrono24, a popular platform linking dealers or private sellers with buyers in Singapore saw its trading volume jump more than 50% in the first half of 2022. A reason for this is due to the recent crypto meltdown. Knowing that a luxury watch may cost an arm and leg, being a curious creature, I’ve done up some calculations just to see how much one has to earn to make a...
