New Group set up for Watch discussion and sales

A story started with mentorship to a young student who came to me after finding me at my Blog.

He learnt from me on buying and selling watches two years.

Now he has his own office in Tsim Sha Tsui and making ten of thousand of US dollar a month.

Readers of my fb knows about this story and started to ask for more and how about a setup in a group such as to share the technique and knowledge in making watch selling fun.

We are encouraged to set up a new chat group in form of facebook, WhatsApp group or other media for the following purposes:

1.To share watch trace secret

2. How to make a successful deal

3. What we should buy and when we should sell?

4. How to tell the fake watches from the real stuff?

5.....

Many people would like to join as we had talked about the name of the group.

name come up like; Watchohic, WTF,  Watch mentorship club, Watch fever Club, watchout,

Rolexian, Watch Snobs, and many other...

We are thinking on how to proceed and ideas is never to much, please support and we can make fun and fund from it,.

Keep you posted

HK Snob

Latest Hong Kong's Rolex Price

Price of Rolex has not been affected by this COVID-19 and bad economy locally in Hong Kong.

The price of Rolex was estimated to lower by most  of the speculators and watch dealers a few months ago but

that is not the case.

Take a few examples:-

Let’s compare the price of today with 6 months ago

 

Daytona 116500 White today price $200,000  ($185,000)

Daytona Gold green dial 116508 Today price $420,000 ($365,000)

GMT Pepsi 126710BLRO today price $139,000 ($136,000)

GMT Batgirl 1266710BLNR today price is $120,000 ( $118000)

Sea dweller 126600 Single Red $111,000 ($106,000)

Submariner 116610LN 40mm discontinued since Sept 2020 , NOS still available about estimated $98,000

Submariner 126610LN 41mm now is $115,000

These are not SPR at AD, because only a few person could get Rolex sport model with SPR in Hong Kong, needless to be discussed here.

The price here is the trading price of watch dealers in Hong Kong.

Let’s observe one more month.

 

HK Snob

Rare Rolex Day Date Coral 18208

This is Rolex Day Date coral.

No matter you like it or not, I was able to persuade Rolex Swiss to assemble one last Coral dial on to a 118238 and we bought it three years ago at AD and sold it to a HK collector at HK$2XXXXX ! 

That watch is probably worth with almost $700,000 or more now!

Now Antiquorum is carrying a 1996 ref 18208 with coral dial.

The most collectible colour is Coral, Lapis Lazuli, Malachite, onyx... I still Remember someone looked at me saying too expensive as I sold one 18038 Coral with Rolex paper with certain price, half of this price 2 years ago.

Sometimes it is not hunch but knowledge that could predict what is the value of some watches in future!

The rule is how rare it was and how “ ugly” it was! After certain year peoples ’ taste would change and  it becomes how beautiful it is! 😂

HK Snob