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Business Insider
11-07-2025
- Business
- Business Insider
Pre-owned watch data shows which Rolex models are smart investments
That luxury watch you're saving up for could be more than wrist candy if you're looking to diversify your investment portfolio. Watch marketplace Bob's Watches published a report on Thursday that analyzed 15 years of its Rolex sales data, including over 50,000 transactions. The data shows the evolution of Rolex prices on the secondhand market, and the models that had a strong return on investment. Several models soared in value from 2010 to 2025 — one increased over 600% during the time period, and another has a resale value of over $20,000 today. Overall, the high-end watch market has the lowest volatility of any asset class, according to a study published in February on Social Science Research Network. Watches have a low correlation with stock market fluctuations and, depending on the model, tend to appreciate in value over time. Some gain more value than others. Trends and fluctuating demand affect which models are bought and sold most in the pre-owned market. The pre-owned watch market peaked between 2020 and 2022 as luxury goods became popular during the pandemic. Rolex, one of the Big Three independent watch brands (along with Patek Philippe and Audemars Piguet), has continued to fare relatively well as the pre-owned watch market has fallen from that peak. Rolexes are "tangible assets you can wear, insure for a fraction of their value, and pass down, unlike stocks, they don't disappear at market close," Bob's Watches CEO Paul Altieri told Business Insider. For those hunting for an investment piece, these three watches gained the most value on the pre-owned market, according to the sales data from Bob's Watches. Rolex Datejust According to Bob's Watches, the Rolex Datejust was the most-traded collection from 2010 to 2025. Its average resale value 15 years ago was $1,150. As of May 2025, it was worth around $8,500, a 639% appreciation over the period. The watch is down about 14% from its peak of $9,926 in March 2022. According to Bob's Watches, some of its best models include references 16013, 16233, and 69173, which refer to the code used to identify a specific model. Altieri said the Datejust's appreciation "might surprise people who think dress watches are never as exciting as sports models," but that the watch has "broad appeal." Rolex Submariner The Rolex Submariner has shown strong collector demand and steady appreciation in value. According to Bob's Watches, its value peaked in May 2022 at $18,889. "We've never seen steel sports models run hotter than during" the two-year period between 2020 and 2022, Altieri said. The average resale value of the watch dipped in 2023 but has been recovering, according to the data, and is now worth $17,295. "The Submariner data shows this wasn't just hype," he said. Bob's Watches said its best-selling models include references 16610, 116610, and 16613. Rolex GMT-Master II Bob Watches found that the value of GMT-Master II Rolex models has risen 506% since 2010, reflecting demand for vintage Pepsi and modern Batman models named for their unique colors. The sales data show steady growth from 2010 to 2017, before peaking at $23,992 in November 2021. As of 2025, its resale value is $20,595, showing its resilience in the pre-owned market. Some of the best-selling models on Bob's Watches include references 116710 — known as the Batman— and 16710, which are the classic Pepsi or Coke watches. "It's not just its 24-hour bezel — it's the stories behind every red-and-blue 'Pepsi' or black-and-blue 'Batman' edition that fuel its collectibility and price momentum," Altieri said.
Saba Yemen
30-05-2025
- Politics
- Saba Yemen
Study: Emissions from War on Gaza Exceed Those of 102 Individual Countries Annually
New York – Saba: Researchers have concluded that greenhouse gas emissions resulting from Israel's attacks on the Gaza Strip over the past year and a half exceed the annual emissions of 102 individual countries. Researchers from the UK, the US, Ghana, Ukraine, and Austria submitted a study on the environmental impacts of Israel's attacks on Gaza, covering 15 months, to the Social Science Research Network (SSRN), based in New York, according to Anadolu Agency. The study found that the greenhouse gas emissions caused by Israel's assault on Gaza—when factoring in both pre-war and post-war construction activities—surpass the annual emissions of 102 countries. It stated that the long-term climate cost of destroying Gaza, clearing rubble, and rebuilding the region will amount to 31 million tons of carbon dioxide. About 20% of this amount is attributed to carbon emissions during Israel's surveillance and bombing operations, as well as fuel consumed by tanks and military vehicles, and the manufacturing and detonation of bombs. The study noted that approximately 30% of the emissions came from the United States, which shipped 50,000 tons of weapons and other military supplies to Israel, mostly via cargo planes and ships from European stockpiles. The largest climate cost will come from reconstructing Gaza, with researchers estimating that clearing the debris and rebuilding around 436,000 housing units, 700 schools, mosques, government offices, and infrastructure such as roads will generate around 29.4 million tons of greenhouse gases—equivalent to Afghanistan's total carbon emissions in 2023. Researchers estimate that the long-term climate cost of Israeli attacks on Gaza, Yemen, Iran, and Lebanon is equivalent to operating 84 natural gas power plants for a year. Supported by the U.S. and Europe, the Israeli military has been committing acts of genocide in the Gaza Strip since October 7, 2023, resulting in 54,321 deaths, mostly among women and children, and 123,770 injuries as of Friday. Thousands more remain under rubble or on roads inaccessible to rescue teams. Israel has imposed an 18-year blockade on Gaza, and about 1.5 million Palestinians out of 2.4 million have been left homeless. The population faces extreme famine due to Israel's near-total closure of crossings and the severe restriction of humanitarian aid. Whatsapp Telegram Email Print
Middle East Eye
30-05-2025
- Politics
- Middle East Eye
Carbon footprint from Israel's war on Gaza exceeds 100 countries
The carbon footprint from Israel's war on Gaza will exceed the emissions of around 100 countries, according to new research. A study published by the Social Science Research Network, first reported by The Guardian on Friday, found that the climate cost of Israel's destruction of the Palestinian enclave, clearing debris and rebuilding the territory could exceed 31m tonnes of carbon dioxide equivalent. That is more than the annual 2023 emissions of many countries, including Costa Rica, Afghanistan and Zimbabwe. The study found that Hamas' rockets and bunker fuel made up for 0.2 percent of those emissions, while the supply and use of weapons, tanks and other ordnance by Israel made up 50 percent. It found that the overall impact of Israel's wars on Gaza and Lebanon, as well as its recent military confrontations with Yemen and Iran, was equivalent to running 84 gas power plants for a year. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters It is the third such study looking into the climate cost of Israel's bombardment of Gaza. 'This report is a staggering and sobering reminder of the ecological and environmental cost of Israel's genocidal campaign on the planet and its besieged people,' Zena Agha, policy analyst for Palestinian policy network Al-Shabaka, told The Guardian. 'But this is also the US, UK and EU's war, all of which have provided seemingly limitless military resources to enable Israel to devastate the most densely populated place on the planet.' The research found that 30 percent of greenhouse gas emissions since the war began came from the US sending 50,000 tonnes of weapons and supplies to Israel. A further 20 percent was attributed to Israeli aircraft reconnaissance and bombing campaigns, as well as fuel from tanks and other military vehicles. Around 7 percent of emissions from the conflict were from diesel-guzzling generators in Gaza, which Palestinians rely on due to Israel's blockade and the destruction of solar panels and the enclave's only power plant. Before the war, solar energy made up a quarter of Gaza's electricity - one of the highest densities of rooftop solar panels in the world. Israeli forces have destroyed large swathes of that solar infrastructure. The most significant cost to the climate will come from the reconstruction of Gaza, the study finds. Rebuilding 436,000 apartments, along with hundreds of schools, mosques, clinics and other buildings - in addition to 5km of roads - will produce 29.4m tonnes of carbon dioxide equivalent. Underestimate The research used open-source data, media reports, and data from aid groups and UN agencies. The actual climate cost of Israel's war is likely to be much higher than the estimates, due to Israel's media blockade masking the full extent of environmental damage to the enclave. 'This conflict in Gaza shows that the numbers are substantial, greater than the entire greenhouse gas emissions of many entire countries, and must be included for accurate climate change and mitigation targets,' said Frederick Otu-Larbi, co-author of the report and lecturer at the University of Energy and Natural Resources in Ghana. Israel's war on Gaza caused major environmental damage, UN says Read More » Currently, there is no obligation for states to report military emissions to the UN's climate body. The UN last year said that Israel's war had created a devastating environmental crisis in Gaza, destroying sanitation systems, leaving tonnes of debris from explosive devices and causing major pollution. It found that water, sanitation and hygiene systems in Gaza were almost entirely defunct, with the strip's five wastewater treatment plants shut down. Israel's war is exacerbating an already deteriorating environment in Gaza, where over 92 percent of the water was deemed unfit for human consumption in 2020. Climate change and Israel's attacks on environmental infrastructure have long plagued Gaza and other parts of occupied Palestine. After the Nakba - the ethnic cleansing and destruction of Palestinian communities in 1948 by Zionist forces - the Jewish National Fund (JNF) planted monoculture forests of pine trees, often on the ruins of Palestinian villages. The Society for the Protection of Nature in Israel revealed in 2013 that the JNF's projects had a devastating impact on local biodiversity. In 2021, Fadel al-Jadba, director of the horticulture department at the Palestinian Ministry of Agriculture, told Middle East Eye that there had been a noticeable decline in agricultural production over the past decade.
