Sunday, June 11, 2023

Luxury Watch market changes

 The luxury watch market is constantly evolving, and trends come and go. While vintage Rolex watches were popular since 2005 till 2025, there has been a recent trend towards gold Rolex watches and even gold watches with diamond accents. These watches have become increasingly popular among collectors and enthusiasts who want to make a bold statement with their timepieces. However, it's important to note that preferences in the luxury watch market can vary depending on the region, cultural influences, global gold price, hype from the celebrities and movies stars and individual tastes.

While vintage Rolex watches have always been highly sought after, the trend has shifted towards newer models that feature more eye-catching designs and embellishments. It's possible that some people may have grown tired of stainless steel sports watches like Rolex for more than a decade, and are looking for something different and more luxurious For example, the Rolex Daytona with a diamond-encrusted bezel has become increasingly popular among collectors, as has the Rolex GMT Master II with its unique combination of meteorite and or with gold and diamonds.

In addition to Rolex, other luxury watch brands such as Patek Philippe, Audemars Piguet, and Richard Mille have also seen a surge in popularity in recent years. These brands offer a range of watches that cater to different tastes and preferences, from classic and understated to bold and extravagant.

Ultimately, the choice of watch is a matter of personal preference and style. Some people may prefer the understated elegance of a steel sports watch, while others may prefer the bold and luxurious look of a gold and diamond watch. What's important is finding a watch that suits your tastes and meets your needs, whether that's for everyday wear or special occasions.

Notable trend is that there are having less people is focusing on buying those vintage Rolex as I had mentioned before, there was a lot of price difference say on Mark I of Rolex GMT Master 1675 than Mark II or III, well, nowadays there seems less concern about this so far people can recognize that is a 1675 GMT would be accepted, of course more demanding collector will still look for rarer Mark I.

In short the vintage Rolex price is not synchronized with the price up as the new Rolex.

That is quite pathetic , Recently we have seem a Daytona Zenith 16520 A series white is selling $170K , I think this was $220K in 2022. Also we can see a floating line Daytona 16520 Black is now $330K, that is much cheaper than 2021.

So if you are keen on buying good stuff, this is the time.

Those Daytona are never out of fashion! Especially with gold and diamond, they are good to buy now.

HK Snob

$ here is HKD

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