The Rolex Daytona is one of the most popular luxury watch models in an index that has seen its value fall by about 21 per cent since a market peak in April. Bloomberg
The Rolex Daytona is one of the most popular luxury watch models in an index that has seen its value fall by about 21 per cent since a market peak in April. Bloomberg

Prices of second-hand luxury watches to drop further as supply surges, says Morgan Stanley