eBay Luxury Watch Report Reveals Top Brands And Trends For 2020

eBay, which pegs itself as one of the largest luxury watch marketplaces in the world, has unveiled its 2020 Luxury Watch report. The report, in the form of a simple infographic, reveals the best-selling brands in resale and the top trends to watch in 2020 according to insiders based on marketplace data. 

As expected, Rolex rules resale with the brand accounting for 25% of luxury watch sales on the platform, with stainless steel sports models dominating. Following Rolex, we have Omega, Breitling, TAG Heuer and interestingly, Patek Philippe, which could suggest a lot more of their products are being made than the market assumes. 

The report goes on to outline 5 trends to watch, iconic watches, top brands and top 10 watch styles, all of which are Rolex (how they arrived at these specific models is unconfirmed – be it search volume or sales). It also arrives with some interesting supporting numbers from the platform. 

eBay watches by the numbers

  • A watch is sold every 5 seconds on eBay
  • There are over 150,000 on average daily live listings for luxury watches
  • eBay sold over 2 million watches in 2019 with nearly 8 million watches sold over the past three years

Top 5 Most Expensive Watches Sold

  • Patek Philippe Grand Complications Watch: $535,499.99
  • Richard Mille RM11 Flyback Chronograph Rose Gold Titanium Watch: $148,000
  • Audemars Piguet Millenary MC12 Tourbillon Platinum Watch: $145,000
  • Patek Philippe Grand Complications Manual Gold Watch: $139,500
  • Rolex 18kt Rose Gold Masterpiece Pearlmaster Pave: $100,001

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Source: eBayinc.com