Caseback Terminal

Watch market report

The week of Sep 28 – Oct 4, 2026, so far. The full report is ready on Monday, Oct 5, 2026.

Caseback TerminalThis week so far

Sep 28 – Oct 4, 2026

Caseback Watch Index

99.75▼ 0.25%

Up most

  1. Cartier Santos de CartierWSSA0029 · Medium, steel+1.2%
  2. TAG Heuer Carrera Chronograph 44CBN2A1B · Heuer 02, black or blue+1.0%
  3. TAG Heuer MonacoCAW211P · Blue dial, Calibre 11+0.4%

Down most

  1. Grand Seiko SnowflakeSBGA211 · Spring Drive−1.9%
  2. Rolex Explorer124270 · 36mm−0.9%
  3. Oris Divers Sixty-Five01 733 7707 · 40mm, steel−0.8%

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The week in brief

The Caseback Watch Index fell 0.2% so far this week, to 99.75.

TAG Heuer led the brands (+0.7%), while Oris slipped 0.8%.

The biggest gain was the Cartier Santos de Cartier WSSA0029, up 1.2% to $6,850; the biggest drop was the Grand Seiko Snowflake SBGA211, down 1.9% to $4,800.

3,160 watches were for sale at the latest count, 3% more than when it began.

We recorded 30 sales; the priciest was a Rolex Cosmograph Daytona at $40,000.

Brands

Each brand's index over the week.

BrandIndexWeek
TAG Heuer100.69▲ 0.69%
Cartier100.09▲ 0.09%
Vacheron Constantin99.88▼ 0.12%
Seiko99.88▼ 0.12%
Tudor99.87▼ 0.13%
Panerai99.86▼ 0.14%
Audemars Piguet99.82▼ 0.18%
Jaeger-LeCoultre99.82▼ 0.18%
Zenith99.80▼ 0.20%
IWC99.79▼ 0.21%
Rolex99.74▼ 0.26%
Nomos99.70▼ 0.30%
Patek Philippe99.66▼ 0.34%
Omega99.62▼ 0.38%
Breitling99.61▼ 0.39%
Longines99.55▼ 0.45%
Sinn99.49▼ 0.51%
Grand Seiko99.24▼ 0.76%
Oris99.22▼ 0.78%

Biggest moves

Each model's value, full set in excellent condition, from the start of the week to now.

Up

  1. Cartier Santos de CartierWSSA0029 · $6,750 → $6,850▲ 1.23%
  2. TAG Heuer Carrera Chronograph 44CBN2A1B · $4,200 → $4,250▲ 1.02%
  3. TAG Heuer MonacoCAW211P · $6,050 → $6,100▲ 0.36%
  4. Rolex Oyster Perpetual 41124300 · $9,300 → $9,300▲ 0.27%
  5. Rolex Submariner124060 · $12,250 → $12,300▲ 0.13%

Down

  1. Grand Seiko SnowflakeSBGA211 · $4,900 → $4,800▼ 1.92%
  2. Rolex Explorer124270 · $8,550 → $8,450▼ 0.88%
  3. Oris Divers Sixty-Five01 733 7707 · $1,150 → $1,150▼ 0.78%
  4. Omega Seamaster Diver 300M210.30.42.20.01.001 · $4,800 → $4,750▼ 0.69%
  5. Rolex Datejust 41126334 · $13,200 → $13,150▼ 0.60%

Supply and demand

For sale
3,160

▲ 3% over the week

Auctions that sold
—

of 1 that ended

Sales recorded
30

on eBay this week

Models moved
5 up

41 down, 5 flat

Notable sales

30 sales recorded this week. The priciest, then the best buys against value.

  1. Rolex Daytona NEW 2026 SEPTEMBER 126500LN White Panda Oyster Steel 40 mmRolex 126500LN-0001 · today, 2:00 PM · Buy It Now · Unworn · Full set$40,000112%
  2. New 2026 Rolex Submariner 41mm No Date - Steel - Black Dial - Reference 124060.Rolex 124060 · Sep 29 · Buy It Now · Unworn · Papers only$13,999118%
  3. Rolex Submariner Date 126610LNRolex 126610LN · Sep 30 · Auction, 19 bids · Pre-owned · Papers only$13,100108%
  4. Panerai Luminor Marina 1950 3 Days Automatic — PAM01312Panerai PAM01312 · Sep 29 · Auction, 20 bids · Pre-owned · Full set$3,65078%
  5. 2023 Tudor Black Bay Pro Automatic Black GMT Men's Watch 79470 W/ B&PTudor M79470-0001 · today, 10:22 AM · Auction, 1 bid · Pre-owned · Full set$2,80086%
  6. Tudor Pelagos 25600TN Black Titanium 42mm Full Set Box Papers Rubber StrapTudor 25600TN · Sep 30 · Buy It Now · Pre-owned · Full set$3,60092%

Against retail

Current models, at the week's latest: the furthest over and under their US retail price.

Most over retail

  1. Patek Philippe Aquanaut5167A-001 · retail $29,875+145%
  2. Rolex Cosmograph Daytona126500LN-0001 · retail $16,900+97%
  3. Audemars Piguet Royal Oak15510ST · retail $31,900+86%

Most under retail

  1. Oris Divers Sixty-Five01 733 7707 · retail $2,900−60%
  2. Nomos Tangente 38164 · retail $2,800−53%
  3. Breitling Chronomat B01 42AB0134 · retail $9,650−44%

Every week

A new report every Monday, for the week before (Monday to Sunday, New York time). The price guide has the market live.