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Why are some owners melting their vintage luxury watches?
short by Mansi Agarwal / on Sunday, 14 June, 2026
Surging gold prices are prompting some owners to melt vintage luxury watches, as the value of the gold inside now exceeds their resale price, Reuters reported. Mid-priced models from Omega and TAG Heuer are more vulnerable than high-end Rolex and Patek Philippe watches. The gold in an Omega Constellation was worth about ₹7.3 lakh, 30% above its estimated auction value.
read more at Financial Express