Saturday, February 12, 2022

Price race of new and vintage Rolex watches


Obviously we can see there is a drop of demand on Vintage Rolex, so as their price is adjusting towards lower side whereas the new Rolex price is jumping up astonishingly fast! Their price are running in opposite directions.

Vintage Rolex collection

Too much knowledge on Vintage Rolex Collection to tell and there are too much tricks from the dishonesty sellers.

Is that the original bezel of your 1979 Rolex Submariner, or arguable MK III of Mark IV of your GMT Master. This is puzzle to some of the newbies or green Rolex collectors.. But it would affect the price significantly. Though this had not been the role of Rolex to tell you.  Since Rolex announced that don’t want to authenticate vintage watch at RSC in 2020, that would give a negative impact to the vintage Rolex Market. 

More people would prefer buying new Rolex or neo-vintage instead of vintage.

Such as Daytona 116500LN or 116520, their earlier generation 15620 Daytona would be the cut off line of new and vintage Daytona. Daytona 16520 price had stopped rising up as fast as 116520… not mentioning older Daytona such as 6253, 6265.

Similar case of Vintage GMT master 1675, more people preferred buying 16710 as they are known to be less “troublesome or arguable” on the watch market.

New Rolex

All new Rolex price has been shot up 30% in past 6 months.

New Daytona gold watch on silicon strap is $500,000 or more

New Daytona gold watch on gold bracelet is $700,000 or more

New Daytona green 116508 is now $800,000-950,000

New Daytona steel 116500 White is $400,000!

How about the colorful OP 124300 41mm

Well, Tiffany blue is still leading the race $275,000

Red is $140,000, green and yellow is $135,000.

So what is your choice in this Rolex Price Race?

I always buy those watches that is currently understated and keep them.

So what is your target in your mind now?

This was an interesting questions someone posted to me in the last few days

HK Snob


Remarks

Unit here is HKD, Hong Kong Dollars, 1 USD=7.76 HKD

Price shown here is just rough reference as they change everyday 

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