Sunday, July 19, 2020

Daytona is King of Rolex Auction


One Daytona in Platinum with Lapis Lazuli dial 16516 was sold in Hong Kong Sotheby's auction recently for HK$25,375,000. That is equivalent to US$3,253.300!.
The last one same model sold in 2018 was US$871,000 only.
So moral of this auction is precious stone Rolex price could be crazy,  such as...
1. Submariner 16618 in Lapis Lazuli.
2. Rolex Day Date 18238 in Lapis Lazuli
3. Rolex Date Just 16238 in Lapis Lazuli
Why? Very Simple, as Rolex is not doing many Lapis Lazuli on his watch in the recent 20 years.
For cost of doing that is high and there is no such need to make such a small volume to add oil to this hot Rolex hype...
HK Snob

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