Watch market correction stretches buying budgets beyond their 2022 purchasing power
The WatchCharts Overall Market Index has fallen more than a third since its April 2022 peak, although it remains about 12% higher over five years. The steel Patek Philippe Nautilus 5711/1A averaged around $108,000 on November 6, 2025, roughly 45% below its nearly $200,000 peak, illustrating how far buyers’ budgets now stretch.
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