Please note that the price is depending on the condition of the watch, whether there is original birth certificate, box, of the watch.
Here is a roughly range of price of the popular models:
Submariner Ref 116610LN New Watch is HKD$58995, pre-owned watch is HKD$30,000 – 53,000.00
Submariner Ref 16610LV Green Dial Green bezel New is HKD$66,100, pre-owned is HKD$66,000-68,000 with original Certificate and box.
DeepSea Ref 16600 New is HKD$78,735, pre-owned is HKD$50,000- 67,000.
Explorer II Ref 16570 Black dial new is dis-continued, pre-owned one is HKD$27,000-HKD$38,000 while white dial is still slightly lower in price than white with same watch condition.
Explorer I Ref 214270 new at HKD$43,605, pre-owned one is about HKD$21,050- HKD$26,000
Daytona Stainless steel black dial Ref 116520BL new at HKD$87,500, pre-owned one is about HKD$71,.000 to HKD$85,800
Daytona Stainless steel While dial ref 116520 pre-owned price between HKD$72,500- HKD$78,000.
Yacht master 40 mm Ref 16622 new at HKD$83,125, pre-owned one is about HKD$52,000 to HKD$63,000.00
You can see the price of stainless steel Rolex is highest for Daytona, followed by DeepSea, Yacht Master, Submariner II, Black then white, Explorer I.
This is a price reference for you only. There is no idea on telling you what is best in buying in the pre-owned watch market in HK. I have seen some of the watch is selling actually almost the same price as new watch in Rolex AD. Why I have to buy in these second hand market for an used watch with such a high price!?
Also, do not forget to negotiate and some time when you keep on asking, they can allow some discount on the price for you but not much, usually it is about 3%-5% more maximum.
But one thing, you should take some times finding more shops before you buy it.
And Don't think the seller is stupid in putting good watch at low price, as old Chinese said, “There is no such big toad jumping on the road”
Happy Go Shopping Rolex….