Price of Daytona Ceramic has been risen up to another High level again

Rolex Dayona Ceramic Ref 116500LN has reached a highest level back to 2019 April record of $195,000.

Without understanding why at such a time whereby COVID-19 pandemic in Hong Kong, which has become unsteady with a spike of 50 new cases confirmed local infection since last Saturday 11 July.

This week, the price of Daytona Ceramic White 116500LN hit $199,000. Rolex MSRP is $102,400.

I think that is very high. This is the trading price between dealer in Hong Kong as well the selling price of certain AD to their customer. Of course this kind of sales isn't unknown to Rolex Hong Kong. They just could not control it.

Reason why? Well, we have briefly thought about it today with a few collectors.

Mainly Rolex has stopped production for a while in February to April 2020, exact days of stopping production is unknow, another reason is people started to think if that is no more new Rolex roll out news confirmed by now, why we have to wait to buy? As Daytona is always the most sough after model of all Rolexes.

Besides, The Price of Hulk Ref 116610LV Submariner is also risen to an unreasonable level HK$120,000 from a price of $116,000 back in June.

How about NOS GMT Master 116710LN Green pointer? It is selling HK$100,000 for NOS,

How about used one? It is in the range of $82000,88,000 with condition of 90%.

GMT Master two tone Root Beer 126711CHNR is now selling $135,000 with its MSRP at $115,500.

Submariner 116610LN is selling at $89,000 while its MSRP is $61,500 only.

If you can wait, let's see what new Rolex will be introduced in September, but I am sure by then all new models would be hard to get at MSRP.

Price shown here is in HKD, (1 USD=7.76 HKD)

MSRP stands for Manufacturer suggested retail price.

HK Snob