Thursday, June 9, 2022

Rolex Price keeps dropping

Rolex Daytona white 116500LN was selling at $460,000 beginning of the year, today they are worth about $280,000. 

Hulk Ref 116610LV NOS was $280,000 and now it is about $200,000.

Hulk used one with Ref 116610LV is now $140,000 which is 30% lower than January 2022.

What is Patek and AP price, well, they are also affected too.

Many people ask me when the price will be up again?

I think it depends when the Russia-Ukraine war will come to an end.

And COVID is being not an issues in Asia, the economy will be pushed up and people will be having their money released for spending.

take for an example, Hong Kong, it is the place we are looking for cancelling the 7 days quarantine after coming back Hong Kong. then the whole Asian economy will be boosted like a Viagra to an horny old man.

I am expecting by end July the Russia Ukraine war shall come to a peace, I pray.

HK Snob

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