Second one is brand new world time on Overseas which is neither too plain nor too crowded on the dial design. a low profile Overseas watch with 41mm.
These are two watches that may capture your attention.
If you are eager to take them home, do contact me.
HK Snob
ROLEX DAYTONA STEEL
116500LN
During the 1970s to 1990s, the
Daytona wasn’t sough-after at all.
The situation changed in 2000
when Rolex introduced its own movement, after discontinued model 16520 by 1999 creating
a shortage on the steel versions of this model. The steel Daytona has been a
hot commodity since the introduction of the in-house calibre 4130.
By 2016, the new Panda look
ceramic LN version changed the situation, with this vintage look plus modern
patent design built in, the New Daytona is a functional daily work horse for most
of the younger generations. Plus the supply is in little number such as one or
two in the individual AD chain a quarter.
With SRP USD 12,400, the dealer is flipping it at USD 34,000 today.
ROLEX GMT “BATMAN”
116710BLNR and “PEPSI” 126710BLRO and
The GMT being the major 4 columns
for Rolex sport watches since it was introduced in 1954. The current collection
is based on the evolution launched in 2005 with the ref. 116718LN, comprising a
redesigned case, maxi dials and a ceramic bezel for the first time of Rolex.
Later the steel/black dial 116713LN tow tone model would follow. Still the
public is not well taking these pieces as some of the most sought after Rolex
until the two-tone, blue-and-black “Batman” 116710BLNR model appeared in 2013,
which started to create fame around the GMT even including those vintage GMT
1675, 16710, 16760, 16750. Still I was able to get Batman with less 5% at AD by
2014. After 2015-6 sorry, price was jumping up from USD 8,600 to USD 11,540,
then to USD 14,000 in 2018.
By 7 April, Rolex announced the launch
if “Batman Return” with Oyster Bracelet
126710BLNR… I think Batgirl price will adjust and Batman Return will be hot again. As Most of people think that a Sport Rolex GNMT should come with Oyster Bracelet rather than a Jubilee bracelet.
In 2015, Rolex reintroduced the Pepsi, ref 116719BLRO, a white gold version with red-and-blue bezel, faithful to the original 1954 version… it was selling $28,200 at second hand market and I had sold two to one CX and one PAL pilots in 2016 at Makati.
Rolex may feel bad as most people may expect a cheaper steel version…You got it… Baselworld 2018 saw the launch of the 126xxx series, with a new movement and mainly, the return of the Pepsi bezel on a steel watch and the arrival of the Jubilee bracelet on the GMT. No need to say, success was immediate, demand became crazy… prices too at USD 20,230 in the grey dealer when first launched into Hong Kong.
Up to now after its introduction, the Steel Pepsi 126710BLRO is still highly sought-after, just like any steel model in the GMT line (including the older 116710LN, which are now discontinued but still able to get over retail). While the SRP is EUR 8,500 or USD 9,250, prices on the second-hand market are about EUR 17,000/ USD 18,500, again a 100% premium over retail.
ROLEX GMT “BATgirl”
126710BLNR
Baselworld 2018, Rolex announced that the entire collection will feature two-tone bezels, thus discontinuing the LN model but updated the blue-black version BLNR, a watch nicknamed “Batgirl”. The concept was the same as with the Pepsi: new movement, new ref. number in 12xxxx, new Jubilee bracelet. And the demand for this version immediately rose, in parallel with the demand for the Pepsi.
Reality: Just like the BLRO version, this “Batgirl” BLNR set a SRP EUR 8,500/USD 9,250. The price on the second-hand market is high, at around EUR 15,500/USD 17,300 – a bit under the Pepsi, confirming that the blue-red model is the definitive model.
ROLEX SUBMARINER
“HULK” 116610LV
Submariner is the most iconic watch
in the industry.
There are multiple versions
including steel, two tone, yellow gold or white gold.
Date and no date version 114060.
These three version black 116610LN date and Green 116610LV and 114060 black no date are rarely be found at retailers.
As of today Hulk is
discontinued so price is USD 19,000
Submariner new 41mm 126610LN is
USD 13,460
Submariner new 41mm no date is USD 12,100
Under Pandemic COVID-19, many
people are curious why the real estate price and Rolex is never come down?
Well, someone in the other side of the word is printing money at highest speed
possible on the De La Rue Machines. Money is becoming less valued today as of Yesterday.
What is the best thing to buy with this money? Besides, those people buying these Rolex is not me or someone, it the top 1.5% richest people in the world.
Model Ref
Submariner Black 40mm discon
116610LN
Submariner Black 40 mm no date
discon. 114060
Submariner Hulk 40 mm HULK
116610LV
Submariner Black 41 mm new
126610LN
Submariner Black 41 mm no date
126610LN
Submariner Black with green Bezel “Starbucks” 1266110LV
GMT Green pointer discon 116710LN
GMT Batman Blue black with oyster
bracelet discon116710BLNR
GMT Pepsi Red Blue with Jubilee
Bracelet 126710BLRO
GMT Batgirl blue black 126710BLNR
GMT Batman Return blue black 126710BLNR
HK Snob
We can see over the last three decades, Rolex is having
certain advantages:
1. Being recognized easily by majority of people
2. Enter to Luxury watch category after Patek
Philippe, Vacheron Constantin, Audemars
Piguet, A Lange, Paneria, Richard Mille,
FP Journe…
3.
Demand is high so the long term value is there,
limited to certain models
4.
It is reliable.
5.
What else?
So how about its disadvantages
1. Rolex is Lazy to take a major change in design.
They launch a new sub model with change of
colour of dial, material of bezel, design of bracelet.
In 2014 September, Rolex launched the
Batman 116710BLNR with Blue black bezel with Oyster bracelet, immediately
created a lot of instant demad. By 2018 they introduced the Batgirl 126710BLNR with
same blue black bezel with Jubilee Bracelet. Now after three years the Batman
Comes back, a same design of Barman 2014 launched under model number 126710BLNR
using new movement on oyster bracelet.
So what is the big deal? You’d never know
what colour and combination they would introduce in 2022.
2.
Rolex charges too much on the branding than the
quality nowadays comparing with 20 years ago.
3.
Rolex is a Mass-market product making 800,000 pieces
a year. They produce in huge volume per years, equivalent to 3 times of the year production of all Patek
Phillippe, Audemars Piguet, Vacheron Constantin, Richard Mille, A Lange, FP
Journe…added up together. Seriously a mass production item.
4.
Rolex are being aggressively counterfeited all
over the world.
Someone had said in the world 90%
of the watches Rolex seen in the street is fakes, I think that is a right statement.
So yours Rolex may be also spotted
as an Fake watch in certain people's eyes.
5.
Dress watch SRP price has been triple over the
twenty five years starting at US$20,000 now.
Rolex used to make a few pieces of Cellini which
were beautifully small and elegant even some of them were made with Onyx and or
Lapis on the dial, that was about HK$20,000 back then, but now the entry level
of Cellini is HK$150,000 using ordinary printing dial, and nothing special to
me.
6. Vintage Rolex is tricky
For those who ha been addicted into VR
(Vintage Rolex) knows that he has to study a lot on the model breakdown variety and combination
of the Rolex dial, case bezel and bracelet you have is matching the
S/N of the watch or not? There is a single stain or
two on the lume may reduce 15% of the value? If there is hairline scratch on
the dial may reduce 30% of the Watch total value. If there is a service dial, 50%
the value of that watch value will be gone, or even no one wants to buy from you.
That is before you open the case, after
open you may find more surprise? So the real good VR may worth a lot a there
are too many Frankenwatch VR on Earth, today you are happy with your VR known
to be perfect with correct period. You are lucky.
I am collecting 30 years of Rolex and I
feel scary to buy sometimes.. even the trust seller may not be aware the full
details and story of his article before selling you, lucky him and unlucky you
bought that watch and you may not sleep all the days of the year. In In short, I had talked to myself why Rolex?Well, friend knows me I had almost sold out all my Rolex in
2020, now leave a few pieces which are
what I really like. And I had switching to my old favourite watches. In fact there are more better choice I should
say other than Rolex. Patek Nautilus Calatrava of the 70, Royal Oaks, Reverso,
Cartier Tank Americaine, Tudor BB58, Panerai, Older Cellini, Vacheron Constantin dress
watch…etc.
I wear what I really like and I don’t need to express to anybody by wearing a Rolex.
HK Snob
Today there are a lot of transactions about Rolex watches are focused 90% on new watches and 10% only on vintage, which loosely refers to watches 25 years or older.
There are reasons that too risky to buy those vintage as there are too much knowledge you need to or you will lose in the game buying some Frankenwatch or low valued stuff you paid with high premium.
I would rather spend
effort on those neo-vintage such as those watches made between year 1998 to
2008 Because they seem not too old to be vintage, not too young to be modern.
However over the years I see that more people will go to these watches as they
are considered less in number of units available, not necessary to go for Rolex
authentication, future value will be ensured to be promising.
Examples are Daytona 116520 P series white dial, 116520 A
series black dial. Patrizzi Daytona W series, Kermit submariner 16610LV, Sea
dweller 116600, Single Red MK I 126600 etc...
My ten cents comment!
How about your suggestion?
HK Snob
Many potential Daytona buyer welcome seeing this signs for price going down where they can possibly buy one.
Some even expect that the price will go down further same as last December 's $210,000.
Well, that is still 2X the price of AD's SRP...
What do you think its price will be in May 2021?'
HK Snob
It
was shocking high price before Watches and Wonders held in 7 April as people
kept speculating the discontinuing of Daytona 116500LN. However, they found 13
of models gone but added in 16 new models. The steel King White 116500LN is
still existing. Dealers who has stocked 10
or 50 pieces started to feel uncomfortable. These few days we see a price
drop from last week’s $290,000 to today’s $270,000
How about tomorrow, we know not... the one who bought last week would definitely not willing to see the price drop again. And who has prepared money is now waiting to see when he should move in buying!
Units are in HKD
HK Snob
This consists of three watches representing Sailor Popeye, his beloved Olive Oyl and his burly nemesis Brutus (or Bruto).
Five of these are available for purchase exclusively to aBlogtoWatch community member via a unique sign-up link.
Another five set goes to me via good friend of UNDONE executive.
However all 4 sets are allocated to friends of mine in Hong Kong, USA and Philippines.
They are having number 01/50, 08/50, 18/50, 28/50 and 33/50.
If you like to get one of these, do contact me, as far as I know there may be 1-2 sets are available.
Price is USD$1,499 a set.
HK Snob
According to Swiss watches export data. there were 53,000
Patek Philippe watches made in 2020.
There are 8 series
Grand complication (35)
Complications (40)
Calatrava (18)
Gondolo (7)
Golden Eclipse (2)
Nautilus (30)
Aquanaut (10)
Twenty 4 (12)
Total there are 154 models Patek Philippe shipping into our
hands through 378 distributor and boutiques in the world, where as there are 11
authorized dealers in Hong Kong,
I make is simple to even distribute the total number into
model and AD in Hong Kong.
We gee het this number
Each model carries 53,000/154, that is 10,324 watches
And there is only two 5711 models in Nautilus series, that
is 10,324 x2/30, that is 688 watches
These 688 watches will be distributed, again I make it even destitution
to 11 Distributors in Hong Kong.
That is 688X11/378, that is 20 pieces
From these, I derive from the numbers that we should have
more or less 20 pieces of Nautilus 5711 a year in Hong Kong.
Well, may be more if Patek think that they should give more
to the thirsty Hong Kong Patek fans.
HK Snob
What is new in tomorrow’s Watch and Wonders in Switzerland?
There is a lot of guess and speculation on what is new in
tomorrow announcement on what is news for Watches…
As for example, there is a lot of proven or solid insider’s leaks on Rolex.
But here I guess this is it for Rolex
1.
Daytona 116500 steel will be continued, price
will be more or less maintained won’t drop a lot.
2.
There shall have Oyster bracelet for Batman in
new series 126710BLNR and Pepsi 126710-BLRO
3.
There is new Explorer II but I believe there is
no surprise, may be 41`mm only, probably with ceramic Bezel
4.
New Explorer I in steel and two tone with 36mm
dia.
5.
How about others, I don’t know. Let’s see
tomorrow
