Wednesday, July 5, 2017

Rolex Investment.


Rolex Daytona Ref 16520
Since 1988 to 2000


Rolex Watchgret

Should we go for new Release Rolex or a Known Vintage Rolex as an investment project!? I have no definitely answer on this… as both are one of the ways to make your Rolex becoming an investment item. It depends on Which watch you buy.

Imagine that when the Daytona Zenith 16520 was released in 1989, I was able to buy it with HK$29,500 at Chow Tak Fook.

If I had made up my mind to purchase say ten pieces my investment with Lump sum HK$280,250 probably I get extra less 5% discount.  Total investment cost $280,250.

Well, I believe I can sell it now at each $180,000 each now with NOS BNIB for black, so I could made

 a profit of $1,519,750!

 

However note that if I put that Money on real estate we, in 1989, I could still buy a house with down payment of $300,000 by now it may be having a net profit $2,000,000!

 
Rolex Submariner Hulk Ref 116610LV



So What’s Next!?

The Rolex Submariner and “The Incredible Hulk” completed their unlikely 48-year collision course in 2010. While the renowned durability of each may have been their only common thread for a half-century, the Baselworld 2010 appearance of the Rolex Submariner 116610 LV “Incredible Hulk” forever bound the two icons from Rolex and Marvel Comics.

This one doesn’t require much preamble; it’s a big green Rolex Submariner. Combine the “Super Case”/”Maxi Dial” of 2008’s 116619 Submariner with a green bezel and a green dial, and you’re one online forum quip away from a gamma-burst of Rolex collector infatuation.

This Incredible Hulk is listed at $68,100 at Rolex AD in Hong Kong. I think I have seen there is no stock for one in three month is one of my known AD shop…. So you still can put your name on the waiting list.. but don’t think that they will call you to collect the watch…

It is selling from Dealer to dealer from $60,000, 2014, $63,000 in 2015, $66,000 in 2016, $69,000 March 2017, and astonishing $72,000 by May 2017… (Crazy price)

From this data we know two things, generally Rolex had reduced the making of Sport watch across all lines beginning of this year and particularly lesser is made on Submariner Hulk.

I speculate this will be discontinued by 2018, Let’s watch Out. After the discontinuing, the price will up to more than $80,000 immediately.  And probably $120,000  by 2024.

HK Snob

 

Abbreviation

Watchgret- watch regret

AD- Authorized dealer

NOS- new old stock

BNIB- brand new in box

Dollar indicted here is HKD – Hong Kong Dollar  (1 USD- 7,75 HKD)

7 comments:

  1. DEAR SNOB
    LAST WEEK I ASK FOR YOUR ADVISE WHAT PANARAI WATCH 44MM TO BUY AS A STARTER
    OR FIRST TIME BUYER AND YOU ADVISE ME TO BUY PAM510 STEEL WHAT I WANT TO ASK
    YOU IS WHY NOT THE PAM564 TITANIUM COULD I KNOW WHY YOU PICK STEEL NOT THE TITANIUM
    THANK YOU VERY MUCH
    ANONYMOUS

    ReplyDelete
  2. Hi
    This is purely personal preference,
    I like steel as it give me some Weight as a watch on my wrist,
    further more Steel is white and Titanium is grey, that is another factor,
    furthermore Titanium is light but it get scratches that cannot be light polish...
    So If I wear Titanium watch, I need to put extra care,,,
    If for steel, it is a piece of iron basically, the material for tool watch, I really don't mind to wear it with normal care

    If you like Titanium, it is your personal choice, take it as it is really lighter a lot.

    ReplyDelete
  3. DEAR SNOB
    THANK YOU FOR YOUR NICE ANSWER
    WHAT DO YOU MEAN STEEL IS WHITE AND TITANIUM IS GREY
    I LIKE THE BRUSH FINISHED THAN POLISHED THAT IS WHY I ASK ABOUT
    PAM564 TITANIUM PANARAI DONT MAKE IT IN STEEL WITH BRUSH FINISHED
    THE 8 DAYS IN LUMINOR
    AND I THOUGHT A LOT OF PANARAI BUYERS PREFER TITANIUM MAYBE I JUST
    MADE IT UP
    WELL THANK YOU VERY MUCH AS I LEARNED AGAIN A LOT FROM YOU THINGS
    THAT IS IMPOSSIBLE TO FIND OUT
    ANONYMOUS

    ReplyDelete
  4. DEAR SNOB
    AND DID YOU CHOOSE THE PAM510 ALSO BECAUSE OF THE MOVEMENT P.5001 INSTEAD
    OF THE NOT IN-HOUSE MOVEMENT LIKE THE OP
    BECAUSE THE PAM05 IS EXCAXTLY THE SAME EXCEPT FOR THE GLASS CASE BACK AND
    MUCH CHEAPER ALTERNATIVELY
    CAN YOU EXPLAIN THE DIFFENCE IN THE MOVEMENT BESIDES THE 8DAYS POWER
    RESERVE
    AS ALWAYS THANK YOU VERY MUCH FOR YOUR HELP AND INSIGHTS
    REALLY VERY HELPFUL AS NOT TO MAKE A MISTAKE IN A BIG INVESTMENT
    THANK YOU AGAIN
    ANONYMOUS

    ReplyDelete
  5. I think there is consideration on not just in house movement or not,
    as you may know some of the early Panerai has Rolex caliber that is one of the expensive Panerai. meaning that in house movement is not a Must.
    To me the shape, size and style of Panerai is even more important than in house movement or not?

    HK Snob

    ReplyDelete
  6. Again Titanium or steel is subjective, steel tends to look "White" and Titanium "greyish"
    The very first with made of entirely Titanium is Porsche Design Chronometer back in 1978. They are lovely.

    The first fountain pen Parker T1 is made with entire Titanium back in 1970 as to celebrate the Apollo launched in the Moon. At that time using Titanium is a new attempt as it is tough to be cut and hence the manufacturing cost is higher, but not now.

    I could say material cost for making a watch if not too complicated design is similar with steel or Titanium

    Not necessary Titanium must be better material to make watch,
    Take for example, all Rolex is still using steel as the material to make their watches, only some exceptional parts are made of Titanium for sake of light weight.
    Such as the bottom plate of Deepsea, Well, Does not mean I don't like Titanium.
    a brushed Titanium surfaces is really nice.
    It is your personal choice, that is reason why watches are made in different material.

    HK Snob

    ReplyDelete
  7. DEAR SNOB
    THANK YOU VERY MUCH

    ANONYMOUS

    ReplyDelete