Whilst Real estate is going flat a bit this two months January
to March 2019 and over the year had dropped 15% in HK, besides Real estate, do
you want to invest in watches?
The fact is, even if a watch is going to appreciate, it’s
not going to do so by a huge margin. Compared to property, classic cars,
painting, old jades or fine wine they’re just not worth the time it takes to
research the subject. Still, there, there is the bonus point that they rarely
drop in value.
A good watch shouldn’t really degrade that much. It’s not a
Ferrari F40 that may involve high cost on maintenance, after all If you keep it
regularly serviced and avoided being hit by a bicycle at night or metalsmith’s
hammer!
The problem is that watches, unlike most other investments, they
follow trends. They’re high-value mechanical marvels, men’s accessories, but
when you boil it all down they’re simply an accessory on the wrist. And while
trends are cyclical, you just can’t wait another 30 years for your watch to
come back as the Fashioned models. Unless yours is the Vintage Rolex whereby
the demand is always there and they are growing!
Up to now, if you still insist on putting your cash on watch
investment a try, there are a few ways to go about it.
Try this if you are having a deep pocket; Patek Phillipe Ref
5711/1A or 5712/1A (these two models are selling in the HK market about HK$500,000)
Nautilus which is the most sought after NEW Pateks in the market. However if
you are not those people who are being “RECOGNIZED” at the Potential owner by
Patek General Manager in HK. That you are almost impossible to buy at SRP at
Patek Boutique unless you have the patience to wait for 5 years. Then Try the second Approach, the Rolex
Approach.
Rolex Sport Models
Well, everyone now what is hit in the market but being a
newbies, what is the best investment item on Rolex?
These are my suggestion
Best 6
- Daytona Ceramic Ref 116500LN White
- Daytona Ceramic Ref 116500LN Black
- Batman GMT Master II Ref 116710BLNR
- Submariner Hulk Ref 116610LV
- GMT Master II Green Pointer Ref 116710LN
- Explorer II 216570 Black
Whatsapp me for more if you want to invest on Rolex or HKWF!
HK Snob
4 comments:
Hi HK Snob
What made you say that #5 and #6 are good investment pieces? I follow your blog always and find it interesting to read. More power to you!
B/C they will be discontinued this year...AFAIK
HK Snob
Hi HK Snob,
I need your advise which affordable Rolex model to buy for my first time as investment on it ?
Hi Lawrence, May be a Submariner 116610LN or a Batman Ref 116710BLNR.
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