How about Rolex in 2020?

Vintage Rolex Submariner 16618 Lapis and Onyx

Every year we were told not to buy this or must buy that for a Rolex. How about this year? This is purely base on personal preference and I think the most important thing is you are buying a watch for wearing and not for storage in the vault for ten years and wait for the treasure to be re-evaluated. I am always promoting the spirit of buying a Rolex or everyday use, you use it more you will lose less. Well, note that from my Top Post you still see Kuen Kee and Lung Shing watch company in Sham Shui Po, well, to be honest that is the history as I used to visit them every week, for Kuen Kee the price is not as good as before… as for Lung Shing, they watches are always the same especially in the past 6 months HK was being fallen into  political trouble with those protests. The reason why I write this as still a lot of enquiry asking me how is the value of their watches at Kuen Kee and Lung Shing.

After price increase on 2 Jan 2020, I visited some of the stores, still no sport watches are supplied. What is the point to increase the price!? Well, for those once in a while buying a Date Just they may not feel too much but we used to collect those hot models we would suffer a lot.

What is next in the coming new 2020 Rolex release?

Guess that they will not produce any Sub no date 114060.

They will use new movement on the Submariner 116610LN and 116610LV , changing new model number with 12-series.

Will there be Coke GMT ? Not sure!

Will they release new Ceramic bezel Explorer II, likely.

What is the next new Daytona? I don’t know.

So what is the best way now for keeping watch that you can enjoy and as same time the value is there year after year?

For use, I really suggest to buy those 2017 or 2018 Unused Daytona 116500 Black or white with sticker. As their price seems good.

For example 116500 Black is $145,000 White is $150,000 (year 2017)

If you buy fresh 2020 from Dealer, Black is $180,000 and White is over $190,000.

There is no difference for a watch of 2017 and 2020 except that the newer one has a longer warranty period. But you have to pay more $30,000.

What about NOS (new old stock)

Submariner 16610LV Kermit Flat four NOS is $200,000

Submariner 16610LV Kermit Normal Four is $150,000

Daytona 116500LN Black with sticker is $180,000-200,000 depends on year.

Daytona 116500LN White with Sticker is $190,000 or more.

New Rolex
GMT Pepsi Blue Red 126710BLRO is $129,000, stabilizing price in the past two months.

Batgirl GMT Master II Blue Black 126710BLNR is $104,000.

Batman 116710BLNR with oyster Bracelet is $115,000- 120,000 – much depends on who is selling.

(gradually this discontinued model will slowly losing is attraction) not recommended to keep unless you get to SRP.)

Sea Dweller 126600 Single Red, price has no more energy to keep at higher level. It is dropping, I could get one with addition premium at AD with $98,000. The highest price was $126,000 in 2019.

Rising stars Polar

More people are looking for Explorer II 16570 T25 White Polar recent 6 months.

NOS is $110,000, used full set is $75,000;  in 2018 NOS was only $67,000, Full set was $48,000

That is a big increase in price for Polar!

Daytona 16520 A series 1999, used one Black price is settled at $200,000 to 225,000 , we need to keep an eye for the price up or not in 2020.

Daytona Patrizzi 16520 price is fluctuating as all depends on condition and how the patina sub-dial looks like.

Daytona 16528 Yellow gold floating line and invested 6 black dial is now $300,000, it was only $180,000 in 2017-18.

Vintage

Day Date 1803 is getting a bit hot as quite a lot new younger men or lady is looking for 1803 and 18039.

1803 yellow gold watch only is about $55,000 , it was $44,000 in 2018-19.

18039 white gold is $73,000, it was $55,000 in 2018-19.  If rare dial is likely very expensive, not mentioned with gold bracelet and with paper.

Rare species

18238 Onyx is getting very expensive in these two years, watch only is now $90,000, it was only $70,000 in 2018-19.

18238 Lapis blue or Coral is crazy, price can be up to $500,000. Hard to find at all.

Submariner 16618 Onyx and Lapis Blue is my dream, though I once had owed them but sold…

I think If you see one don’t miss the chance buying it.

Submariner 16618 Lapis Azuli blue is $650,000 full set

Submariner 16618 Onyx is $450,000 full set.

Wish you a Happy new Year 2020 with happy new Rolexes!

HK Snob

Remarks, the above is purely my personal idea and comment on Rolex, take it for reference only.

SRP – Supplier recommended retail price

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All price in this article is HKD (Hong Kong Dollar, 1 USD = 7.78 HKD)