This was my last post on 5 Mar 2019 forecast on a few watches such as Daytona 116500LN white
Hulk Submariner 116610LV, Submariner 116610LN, GMT Master II 116710BLNR.
This is a review on say if we bought one each in August 2017, what would be the value today?
Price on 8/ 2017
Daytona 116500LN White $128,000
Hulk Submariner 116610LV $88,000
Submariner 116610LN $67,000
GMT Master II 116710BLNR $73,000
Total amount was 356,000.
Price on 8/2020
After 3 years today price is:-
Daytona 116500 $193,000
Hulk Submariner 116610LV $120,000
Submariner 116610LN $92,000
GMT Master II 116710BLNR $100,000
Total $505,000
Nett profit is $149,000 if you bought these watches three years ago.
Profit margin is 41%
But as you know that is the price you can buy now at the market currently, someone may not like three years old watch so the price is lowered, but if you keep that in mint full sticker condition further would be a very good investment in future!
Money shown here is HKD.
Refer my post :-
https://watch-fever.blogspot.com/2019/03/investment-on-watch.html?m=1
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