Wednesday, May 5, 2021

What is the watches I should consider to buy today?

 


What is the best watch that I should consider to buy today?

There is no definite answer on it as being a watch is being used as a man's accessory. Not an investment item, well we cannot say watch investment, but in other terms, it may say alternatively while a way to enjoy your watch at same time you feel like its value is not losing too much.

From my experience there is what I interpret.

Scarcity and “beautiful” is always one of the two major key factors for it long terms value to be appreciated.

Scarcity means that is was made in small number, or it was purposely made in small number.

Remember the logic, when you buy the watch that may be already made in a lot in production, so in future that may be also a lot available the value will not appreciate too much.

The one we used to be “beautiful’ is somewhat hard to say, aesthetic is quite abstract and that also involve people influence such as what is the hype in that period of time. Remember no one wanted to buy Daytona in 80’s. and that time you can get it easier with discount. Now Daytona is what most sought after sport watch from Rolex. So if you buy Daytona 20 years ago. It will be a good return today.

Remember people did not like big watch in the 80’s they can take 34mm Rolex at most by that time and not so many people buy Rolex 36mm in that time for Date Just, now we have Date Just, Date Day of 41mm and recently it is reduced to 40mm which is ore accepted by most of the end users.

What is the best Rolex watch that we should keep an eye on?

Oyster Perpetual Series

There are a series of colour with No.1 hot is Tiffany Blue, with 126000 36mm SRP $46,400 now it worth more than $110,000 the large version of 41 mm Ref 114300 is even selling $140,000 ! 

Next is Pink, green, Red, Orange, yellow, black and silver. Black and silver is not hot at all. And Pink’s price is the second runner up after Tiffany Blue, But I am eye on the RED, as the RED is exactly the China national flag RED, if this is becoming one day the preferred watch of the Chinese.. This may flip 4X or more. Of course this is my pure guess and I think there isn’t no such possibility. Buying for speculation.

GMT Master Series

There is one watch that I think it matches the two major key factors for price appreciation, the 126710BLRO in Meteorite dial, that is a rare piece and was selling like SRP $306,000 in 2020 and I speculate that this watch will fly 2X in two years. And 4X in 6 years. The reason is that Rolex is seldom using meteorite as the dial material, only a few pieces were using this material to make the dial such as Daytona, Day Date and this first time on GMT Master II.

How about the third one?

Sea Dweller 126000- No as it is under production.

Starbucks 126610LV – NO, just been launched in Sept 2020.

Hulk 116610LV – No, as too many had been made in the past 11 years.

Daytona 116500 White – yes or no, as this current price has been up 2.5X already, room for further going up is lean, EXCEPT they are going to discontinue it by 2021…. So if we can get one below $220,000 within 2021 should be good!

I think we should go for it.

Any other more??

Let  me think of it.

HK Snob


5 comments:

Seanconner Yee said...

Hi sir , how about 126600 SD43 ?

HK Snob said...

Hi
126600 SD 43 single red is one of the list but not the real top one list.
In my opinion, the size of the watch is too large, Rolex was trying to test the response of enlarging the size. The single Red is a selling point, but diluted by the size of the watch.
So you can see the current Submarine is 41mm instead of 43mm. Well, if MK I verison may be good for after 20 years. Price should be stand up with appreciation. Worth to keep one.
But not for the MK II.
HK Snob

Seanconner Yee said...

Thank you very much for your reply, sir.

Anonymous said...

Hi there, great blog post, may I know your thoughts between a Sub 116610LN and GMTII 116710BLNR?
Thank you

HK Snob said...

Hi
I definitely take GMT as Submariner is a bit bore for me.
HK Snob