Tuesday, October 5, 2021

New 2021 36 mm Explorer I Ref 124270


於今年年頭推出的新款Rolex Explorer 124270,從Explorer 214270 39毫米錶面,回歸至36毫米,當時不少人都紛紛憶起木村拓哉在《戀愛世紀》、《HERO 2》入面戴著的Explorer I。新款式黑色漆面錶盤上「3-6-9」這組數字仍然搶眼,源用Chromalight夜光顯示,指針及立體時標上均塗有夜光物料,載3日動存的Cal. 3230自動機芯。除不鏽鋼款外,亦引入黃金鋼款,以品牌獨有蠔式鋼10Rolex男士入門錶款推薦

 

勞力士男士入門錶款推薦01 Rolex Explorer Ref.124270 

2021市場價格:約HK$72,000 HK$98,000

2021官方售價:HK$50,000(不鏽鋼版)配上含有18K黃金的Rolesor物料,讓人耳目一新。

HK Snob

Luxury watch price in Hong Kong

Price of some luxury watches in Hong Kong

Rolex price is continuously to appreciating in the open market which I could day more or less controlled by dealers. Next Article will cover some of the dealers movement in Hong Kong.

While sales of these wristwatches dipped for a short period of time during the height of the pandemic in 2020, purchases have recently jumped higher. According to the FHS, a Swiss watch industry research group, Swiss watch sales were up 7.6% in July compared to the pre-pandemic baseline of 2019. Sales growth jumped a whopping 48.5% in the U.S. in July compared to 2019 levels, and even 75% in China. This is the best reply why Rolex price is insane high!

Rolex recently had announced that they will try to do the best to increase their production output at three of their factories in Switzerland. Rolex officially said they “Will TRY”….as there are a lot of quality control issue if they want to increase the output. Meaning is that be calm, the price will be still going up!

Patek Philippe

Well, it is getting worse we supply and demand is never been able to be in balance, demand is much higher than supply. An Aquanaut model 5167 used to be 1.6X of SRP $140,000 is now 3X high in the open market.

The Nautilus 5711, and or 5712 they are now lying in the range of 2.5X-2.7X of SRP.

Some special model such as Aquanaut 5968 Green, SPR is $330,000 and only we can buy with $1.3M in the open market!

Thierry Stern had mentioned that they will TRY to increase production output but he added, due to the need for certain skillful watch smith, normally it takes 20 years for bring up more skillful people to increase the volume of production… 20 years!

So this statement will ensure the grey market price of Patek will keep increasing…further at least for 10 years!

There will not be any chance to see the price lowered within the next two years, if there were geographic dispute between big countries, trade war with Switzerland, or war, of Wall Street economy slash or Political Chaos, in these cases. more speculators would dump more cash into this Patek as a security protection, price even would go up further!

Probably looking for something still undervalued today such as Vacheron Constantin as we noticed through all the dealer trading groups, that Vacheron is some of the frequent asked watches now after Rolex, Patek, Audemars… worth your thought now.

As for Richard Mille, there are few different idea, those who are having RM is likely to support emotionally and financially on the watch, those die hard old school watch lovers seems not being moved by the crazy price of RM as they still prefer those classic Luxury brands mentioned above. Others are swingers wo are watching and see if there is a chance buying good priced RM, but never can  at least for the up-coming 1-2 years.

HK Snob

Currency here is in HKD (Hong Kong dollar, 1 USD=7.75 HKD)

Hong Kong sellers and buyer

Hong Kong watch trade group, behavior and funny buyer practices

Here and there are a lot of way for people connected for watch sale, namely fb, IG, Carousel, WhatsApp groups, etc.

These are dealers that they have set up a lot of watch Whatsapp groups

1.        “HK dealer groups” (247)

2.        “HK serious watch dealer group” (247)

3.        “HK dealer Vintage and used group” (247)

4.        “HK dealer vintage and used group” (247)

5.        “Trusted dealer Europe” (246)

6.        “Watch jeweler and parts “(217 )

7.        “Audemars Piguet only” (136) 

(Bracelet shows the number of members in the group) 

The very first host is an Italian who started this in 2018. And many other people just copied and set up another group on their own and run.

For these groups you place two pictures and name a price and within few minutes someone will reply you if they want to buy.

These are mainly for dealers in Hong Kong and overseas. I think the daily trade volume is average HK$10M.

From these we can see roughly the trading price of Rolex hot models and on and off the most popular is Rolex, Patek Nautilus, Aquanaut and some AP, recently months Vacheron is coming up actively.

Carousell

This is in fact a good channel to trade, but this is not purely for watches, they have all other things such as toys bags, shoes, toys etc… so it is a bit confused, but never the less you can search the watches you want and with a few seconds you can see what you can buy.

Take note that you have to find those with high rating before you approach them, those without any trade record or without any good rating you have to be very careful as they might be scammer, and not a reliable buyer or seller. Everyone was once a beginner, they many have good people, but just be careful.

Funny response from the buyer:-

1. I really have heart to buy your watch, just I don’t have time!

2.   2.I like to take your offer, but my wife rejected me to buy!

3.   3.How come your watch does not come with warranty paper, is it a stolen watch.

4.   4. A few years back like 2016 someone had encountered a Australian asking a Rolex Submariner 116610LN and he quoted him price which is higher than MSRP by that time, he named as Simon was becoming insanely rude and said my friend was a scammer, and wanted to report to police.. my friend blocked him as he did not want to waste time explaining him at all.

5.  5.Recently there is one cases which was actively discussed in fb, there is a HKer guy who has a Daytona 116520 and asking HK$290,000

He will ask you to 100% transfer the money at his bank account, then he will show you the watch wearing on his wrist!

Wow, who will dare to do this silly things… as once money is transferred, he can run away.

6.  6. There is a buyer who had agreed everything that we will trade 2 days later with my effort to get the buyer…everything is fixed, but 24 hours before the transaction time, the seller called me he has sold his watch already. This is not a gentlemen's deal.

HK Snob