There is common understanding that an expensive purchase is
an Investments.
Do you think your new Handphone, a 65 Inches TV could hold
the value after 5 years!
Probably no, a smart watch, no?
A gadget-fashion piece that will be outdated and lose value
as time passes. People don't buy mechanical watches for high-tech features, so
they're not at risk of becoming obsolete.
Like wine, art, real estate in Hong Kong or Bangkok, other
hard assets like diamonds, gold, people sometimes do refer to watches as alternate
“investments”.
So what watches best hold their value?
Range from $5,000 to $12,000 that is falling into the
majority of the average price of a reasonably Good WATCH.
Interestingly, Rolex major stainless line, the most popular
lines are within this price range.
Rolex on the other hands maintain small model line that
suits most of the people’s need, GMT, Submariner, Daytona and Explorer, Milgauss….
While you shouldn’t count on a watch to produce a solid ROI,
you can do a few things besides just getting a Rolex to give yourself the best
chance at making a decent profit in 10 or 20 years.
Of course, not all Rolex would help to make big ROI… not
Date Just, not Air King, Not Lady’s model.
These are the suggestion
New (best is you get is at SRP)
Submariner Hulk 116610LV
Daytona 116500 Ceramic White
Submariner Black 116610LN,
GMT Master Blue Black 116710BLNR
Buy Pre-owned to save 20% on the new watch price…
Sea Dweller 116600
Submariner 16610LN
Submariner 50th Anniversary 16610LV
Vintage
Daytona 16520 Black A
series, K , S series Patrizzi – Rare (170,000 roughly made between 1988-1999)
GMT Master 1675 Pepsi, 6542 Pepsi
Submariner 1680, 6536
Sea Dweller 1665
As these things are still available at a 'Reasonable' Price.
As these things are still available at a 'Reasonable' Price.
Please note that a GMT Master Pepsi 5642 was HK$30,000 in
1990, but now is HK$350,000
A BNIB 16610LV Submariner Kermit “flat 4” was sold in 2003
at HK$39,500… Now HK$120,000!
Of course the current high preice is basically driven by promising
USA economy and Asia share market, people would put some of their money into
watch investment….
See Recent Sotheby auction on Patek Philippine 3700 in gold it was sold as high as HK$625,000!
See Recent Sotheby auction on Patek Philippine 3700 in gold it was sold as high as HK$625,000!
How about Paul Newman’s “Daytona- Drive Carefully, me”?
My Choice, so as if you afford, go for these four number
models and 16520…. They are the best in ROI.
HK Snob
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