When price of Rolex is down 40% now comparing with 1 year ago.
What is Rolex AD is doing to change the situation? Nothing
can be done. Instead they may increase
price again in 2023.
What is Patek, AP, VC’s Price, they can’t escape the price
drop, may be less serious as Rolex.
Still price drop is more than 25-30%.
Being a watch lover, what shall I do?
Patek, AP, VC does not recognize me as a SVIP as I really don’t
have good sales records in each of their AD.
Rolex? Yes, I did buy quite a number of pieces, may be 15 to
20 pieces just in one AD. This AD is also changing their strategy by their
manager directly to his “preferred client” so basically I can’t get any watches
at SRP from them
Luckily I am not too crushed on their new watches, instead I
like more of their great vintages…so I think I am not losing any opportunity as
I am not their “preferred client” except the Vachreon Constantin 222, as I
really like this 2022’ s 222.
If I were the watch lover, I will focus on some of the
classic vintage such as Patek “Perpetual calendar”,
AP Royal Oak early pieces such as 15300, 15202, 5402, Havana
Chronometer, Patina dial Royal oak of 37mm. As for Vacheron Constantin, I love
Overseas 42042 37mm as it is still being underestimated, or Overseas Gen 2, I
have one but never use it as I don’t like his size, it is too large…as for
Overseas Gen 3, I like 2300V as it is 37mm. just right… Of course it depends on
your wrist size, mine is perfect for a 37-39mm watch…
How about Rolex, well, seriously, Rolex is just a good
quality tool watch, nothing could surprise me in their Innovation, design and
history… If not able to get it, just pass it… does not matter anymore…
As for Vintage, some of Rolex 1675, 1680, 16520, 16550, 1665…
those with Sapphire glass is good as for their water proof function is superior
to be use every day.
Besides, there are still a lot of beautiful watches from Cartier, Breguet, Panerai, IWC, Jaeger LeCoutle, why we have to limit ourselves to Rolex only. and we can enjoy some discount on certain models.
Some Cartier less 15-30%, some IWC less 15-30%, some new Tudor less 20-40%, Panerai less 20-40%! Why not?
Buying a watch is to wear it, appreciate it and not keep them in vault waiting
for their value to go up, that may take a long process. It does not worth for
the watch to be used in this manner.
My opinion only.
HK Snob
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