Watch Buyers in Hong Kong

 

Watch Buying behavior in Hong Kong

We have been numerously trade with many watch buyers

There are many weird behaviors that I can’t figure out why.

1.       Cheapo Tudor 1970 Day Date selling HK$20,000.

Buyer ask why there is no original buckle, is the lume still there? Well, this is 70’s how come to have working lume?

I told him to study a bit first before buying watch, any watch... 

2.     My partner one is real funny as he fed up with some of the question of the buyer asking why do you sell your watch… note his reply: he said "Well, I am sorry that all my family members died because of COVID-19, and I need money to arrange their funerals…” after he showed me the message I laughed for 15 minutes.

3.       Selling  a Montblanc  Limited fountain pen, Semiramis at Carousell, the buyer ask what nib size, I told her M, then she keep quiet… after two days, I told her what is her decision, she wanted F nib, well, I told her I have also F nib for the same pen. Then she keeps quiet forever…

4.       Most of the buyers care about price and price only. When there is no paper, she will ask why no paper, when there is paper, they will ask why no green tag, when there is green tag, they will ask why no original box… well, when we have real full set, then they can’t afford the price.

5.       When price is agreed, then we talk about trade date and time, just one hour before the trade time, I was hurried back home ready to go to buy the Green dial Tudor, he whatsapped me saying ”oh, this green dial Tudor is so beautiful, I have decided not selling at this price!”  LOL.

6.       People made a counter offer my Vacheron Constantin solid gold Gen 1 chronograph 50% of my listed price HK$150,000 in 2020. Well, I did not sell it out, and one close friend who bought from me at HK$155,000. Now the same watch is selling almost $400,000 in Chrono24.

7.       When there was a guy asking how about to Rolex Service center to authenticate the new watch Submariner 116613LN 2020 watch, I used not go to Rolex for such thing, but this time I told him “OK” but he kept quiet…?

8.       There is one chap who confirmed to buy the Rolex 2300 yesterday and saying that we shall trade by 1400 next day, but in the next morning… he said he passed as he think the price was too expensive!

9.       When the Daytona was selling US$30,000, people said so expensive. After one year, it was selling US$45,000, he said price is insane, after another 6 months the price is US$50,000.

He says price is crazy, well, with this attitude, he probably can’t buy any Daytona. He told me one day Rolex bubble will burst. Yes one day… when? I heard about Rolex bubble burst 15 year ago. LOL 

This is my personal watch trade experience, the article is not meant to pin point anyone.

HK Snob