Rolex Price 1H of 2019

What Rolex Should I start with!?

Many of a friend asked me what should I start for a Rolex?

Well, I had been questioned this from Colleagues, and friends, and I say, all depends what is your purpose of buying a Rolex?

Most of the replies are buying a watch that he can use and at same time can keep the value for long period of time…say 10-15 years.

Whilst price of Rolex is getting crazy.. what is a beginner should start with!?

Well, when the World economy is not that bad, HSI is 30,000 points whereas the real estate price is highest in the world since 2000,  $10m cannot buy a 1,000 square foot flat in the town… what is the difference in a price up of $20000 for a Batman? Nothing to them.

Well, people laughed at me on my facebook when I said price of Batman would hit HK$90000 in May 2018,  I can ask this gentleman to look at the price of a Batman now, well, someone is asking $135,000!

And actual transaction os about $128000… Some dealer carries over 50 Batmans in his vault….

They aren’t stupid as they also bought them at a premium…no one is able to get a SRP price for Batman…. Except those Super Big Spender who used to buy jewelry or gold 0.5m a month like we buy a piece of Pizza!

Another day, there is someone saying that who will buy a stainless steel Daytona ceramic with $190,000?

He would buy a white gold Daytona which is probably $40,000 on top of it… He does not understand that people keep buying a Hermes bag when price is increased, that is to tell them can afford… and they like to use luxury predict with price keeping up.

If one day Rolex sales giving you a less 20% discount to clear all the sport watch,,, then that is the day you can buy Rolex in SRP… But will that be possible!?

Rolex is good in manipulating the balance of Supply and demand… though Rolex is really expanding their production capacity to fulfill those angry customers on the long waiting list…

So what is your expected price for a Batman up to? I think it is still possible $140,000.

When the new Batman with Jubilee is in the market , the price is $150,000

Another question on price of Daytona Ceramic 116500LN

I think Black will go up to $175,000 and White $195,000 by June 2019.

HK Snob

Rmk Price listed here is Hong Kong Dollars HKD