Will Richard Mille follows the same path of what Panerai did in the past ten years?

Richard Mille is youngest and probably is one of the highest profit watch makers. 

Their production volume if not high but the price is, so revenue is very high. 

I had tried the RM-11 which was fantastic for the first impression and there they have launched newer I can't remember only RM-11 had how may variety on dial design, plus combination of material and minor design feature.

They have Titanium pink gold case, they use ivory embedded on the crown and or black carbon bezel,  circular case and bezel of RM33, RM62 looks like the Eclipse of Patek ...etc,

Yes, we see RM is doing very good in sales, and their watch is very expensive, they use High technology material and innovative design, but in 1969, the high tech quartz had brought Seiko a success, but later took over by Swiss on the mechanical watches again.

The recent RM27-04 designed for Rafael Nadal which is US$1M... 

RM is an success, interesting to understand what is their marketing strategy for the next 5 or 10 years to keep them in the top if the luxury lines of watches.

Well, I really hope that it will not follow the same path as Panerai in the last ten years, by making too many similar models, limited edition after another limited edition with similar or even equal design.

HK Snob

Rolex Daytona will continue on the rise?

What is in the hype now?

In 2012-2018 the hype was GMT Master no matter the green pointer 116710LN, the Batman 116710BLNR, the Vintage 1675, Pepsi 126710BLRO and the latest Batgirl 126710BLNR are the hot topics in social media.

In 2018-2020 was SeaDweller 126600 Single Red, we started selling at $98000 up to $114,000.

September 2020, Rolex launched the colour OP (Oyster Perpetual) with 31, 36, 41mm.

Initially there were some stock but no soon later there was no more.

Ref 126000 Tiffany Blue $92,000

Ref 126000 Green $89,000

Ref 126000 Orange $82,000 

Latest price of Rolex at dealers, not Boutique as there is no way for getting a Rolex Model at SRP nowadays without long waiting. 

GMT Master II Pepsi 126710BLRO $150,000

GMT Master II Batgirl 12671lBLNR $142,000

Submariner
126610LN Black $100,000

126610LV Starbucks $148,000

116610LV Hulk (discon.) $142,000

Daytona

However, ever since 2009 up to now, people never stop talking on Daytona. Meaning Daytona s the perpetual talking point. 

Daytona Green gold 116508 was $356000 in 2020 but now $490,000

Daytona ICE blue platinum 116505

$720,000

Ref 116519 Grey was $226,000 in 2019 and now $300,000

Ref 116500 Daytona White dial was $190,000 in 2019

Now new one is $230,000

People asks if one day Daytona steel 116500LN would reach price tag of  $320,000?
I think possible. As whatever price is under Rolex’s hand, if he reduce production 20%, price would be up 30%! Simple. Just if they want to do it or not?

Last but not least, what is best to buy now?

Most of the people had switches focus on Daytona rather than GMT Master or Submariner.

Something that you like and not losing value over time… Daytona 116500LN White or 116508 Daytona Green dial if you like the look which is not my cup of tea.

Price listed here are for reference and are subject to changes daily. And it depends on if that is new old stock or not.

 Price listed here is HKD 

1 USD=7.75 HKD

HK Snob

 

Patek Philippe 3700 Khanjur on sale

 This is a rare piece of Patek 3700/1R, year 1978 unworn full set

Watch is in Hong Kong, price is US$1.9M.

Interested part can contact me for more information.

HK Snob