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Sunday, August 21, 2016
Which discontinued Rolex models should you buy? HK Snob weighs in
We all know that
discontinued Rolex watches are like blue-chip stocks. You almost always make
money from them after a period of time. Even if you do not make a profit, you
do not lose. Except for common vintage models like the 1680, 1665,5513 and the
Paul Newman Daytona, there are a few other choices for you to purchase
discontinued Rolex models.
discontinued legendary 116520 Daytona is one
of the best investment items.
Priced at $90000 HKD, before
the 116500LN was released, the 116520 could be had
around $94000HKD for the black dial version and around
$86000 HKD for the
white dial versions. Some grey dealers
may offer even better prices. However, just
like all the
discontinued Daytona references, the price of the 116520
soaring after the 116500LN Daytona Ceramic was
released. We expect that the
price of the 116520 will only go
up in the future especially for NOS watches.
Since the release
of the 116610LV “HULK”, the 16610LV 50th anniversary edition has
been one of the hot items on the market. The price has been going up as the
watch features very different aesthetics than the new 116610LV. The green aluminum
insert features a different kind of green than the “HULK” while the dial is
black in color with oversized hour markers. A NOS 16610lv now retails at around
80k HKD while it used to retail at around 60k HKD when it was in production.
Rolex released the
white gold GMT Pepsi a few years ago. However, you have to pay well over 200k
HKD to get one. Therefore, a lot of people turn their eyes on the way cheaper
Rolex 16710 Pepsi. It features similar aesthetics with the white gold Pepsi GMT
with ceramic red-blue bezel. A NOS 16710 Pepsi can be very expensive up to HKD$100,000 or more as prices
are expected to go up in the future.