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Want a new luxury watch? Trade in the one on your wrist

Sellers of high-end watches say that they are seeing an explosion in the secondhand market

Wealthy owners of expensive luxury wristwatches are increasingly trading their used ones for a different (but not necessarily brand-new) style.


LUXURY watch seller Danny Govberg is very busy these days with his Philadelphia-based company, even when he is selling fewer new timepieces than he used to.

That is because his 102-year-old emporium, Govberg Jewelers, is seeing an explosion in the secondhand market,...

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