What to note when buying pre-owned watches?

A lot of us buy pre-owned watches from time to time. Used watches are cheaper than BNIB watches and some of the discontinued vintage watches are also very attractive to collectors. So, what should we pay attention to in general when buying pre-owned watches?

 

1.      The case and the crystal

When you look at a watch, before you look at the dial, the case gives you the general impression of the quality of the watch. Pre-owned watches usually have scratches. Light scratches are ok as a good polish will perfectly eliminate them. However, if there are deep scratches or even dents, you may have to look for another one as polishing deep scratches or dents will totally change the shape of the case.

 

Other than scratches and dents, do check whether the case is over-polished. You can check whether the lugs point inwards too much and whether the case still looks “fat”. If watches with lug holes are over-polished, there is a risk that the lug holes are broken by the polishing and the pin may not be well secured.

 

After that, take a look at the crystal to see whether there is any dent or scratch. Also check if there is moisture on the crystal.

2.      The dial

Prepare a magnifying glass. No matter whether you are buying a collectible vintage pieces or just a used modern watch, you have to check the dial. The dial is basically the face of a human. Any defect on the dial can cost you a lot of money when you want to sell your piece. There are a few things to check.

 

First, check whether there is any scratch on the dial made by watchmakers. Second, check whether the dial has been remade with paints. You can spot the color difference if you are careful. Third, check the writing on the dial and make sure that the letters and fonts match the era the watch was produced. Fourth, do take a close look at the luminova materials on the hour markers and the hands and make sure that they are not overfilled. Lastly, take a look and see if there is any moisture on the dial.

3.      Serial number and bracelet

You have to be 100% sure that the serial number on the watch matches that on the warranty card. This can also help identify whether the watch is only parts from different watches put together. The serial number helps you identify which year the watch was made and the features of the watches from that particular era.

Next, you have to take a look at the bracelet and see whether it works normally. If it is too tight or too loose, some repair may be necessary.

 



4.      The movement

You can ask the watchmaker to open the case back and let you check the movement. If it is an automatic watch, you have to make sure that the winding rotor glide smoothly. You have to ensure that the writings on the movement say the same as what movement the watch should be equipped. You can also check whether there is dirt or dust among the gears. Do try to wind the watch afterwards to see if winding is smooth.

 

5. The Seller

Make sure there is reputation of the seller, some of the shops can take back you watch less 10% to 20% within a period of time.

 

HK Snob

 

 



Pre-owned Rolex Daytona Ref 116520 for sale

 

 

A Pre-owned Rolex Daytona Stainless Steel for sale.

 

Bought in Australia in Jan 2015, full set with 3 years warranty.

 

Slightly used not more than 10 times.

 

Condition 9.8/10

 

Asking HKD$83,800 cash deal in Hong Kong.

 

HK Watch Fever

HK Snob

 

Watch Sold at 1500 4 Oct 2015

This is a consigned item and is not any watch of my possession.

Wing Kwong Watch Shop at Sino Centre, Mong Kok

This is one of the shops right at the Sino Centre at MongKok along Nathan Road.

A lot of used and new watches (some).

If you have nothing to do on Sunday Afternoon, why not come to this Shopping centre have a Window Shopping...

It is not a bad idea to have Window Shopping in this shop


HK Snob

Kuen Kee Watch Company at Sham Shui Po, Kowloon, Hong Kong

 

 

This is the latest update on Kuen Kee Watch, pictures were taken by HKWF Special Dutch Agent: SH!

 

The owner of KK watch has given permission to SH to take these Pictures...

 



Can you count how many Rolex they have!?

 

 

Rolex , Kuen Kee has it ALL!

 



 

 

It says, Cash Price, if you want to use Credit card, they have to come with a new price again.

KK Watch of the day

GMT Master II Pepsi Ref 16170 Price HKD$49,500. cash

 Today's BEST BUY!

 

What I know is, price is still negotiable,  and you should start your treasure search now.

HK Snob


PS

KK Website

http://www.kkwatch.com/

Preowned Rolex Date Just Ref 116234 on Sale

A 2007 Rolex Ref 116234 36mm Date Just for sale,
Pre-owned by an office Business man.

95% new, No paper no box running in perfect condition asking HKD$26,000

Local delivery in Manila.

HK Snob

There is another bad trade of Rolex Purchase in HK.

Recently there is a foreigner coming to HK to Buy a Pre-owned Rolex SeaDweller 16600.

It comes with Original paper.

That must be done in a hurry as obviously to me, we could tell that was something wrong at site!

Later this friend talked to me that what he bought was a Franken Watch. The Watch itself is Sea Dweller 16600 and the S/N is matching with the Warranty paper, but the Stainless steel bracelet is 93250 is not the right 93160.

Since this is a new found cases and I cannot comment too much when there are still talking on the internet.

Sometimes when we buy watch, does not matter to check carefully, and if you are hurry, please don’t buy as there may be a chance you still can buy a Franken watch in HK.

Nevertheless, there is a lot to learn, and of course, we can always buys a SeaDweller bracelet, but it might be cheap too, and it hurts the feeling of the one paid that amount of money for the complete Set of genuine Rolex Watch.

That is WHY I always talk to Friends to buy in some Shop that it CLAIMs, “ Full return if you find the goods is not genuine!” !!  if that Invoice does not state that quote, and they have no practice to full refund to you at all.

Let's see how we can help this friend.

HK Snob

HK Watch Fever

Watch Price at Lung Shing Watch and Jewelry

Lung Shing Watch and Jewelry , at 169 Cheung Sha Wan Road, Sham Shui Po, Kowloon.

Today's Rolex Stock update

1. Rolex Ref 116520 Black stainless steel HKD$86,500
2. Rolex Ref 116520 Black Stainless steel HKD$78,000

3. Rolex Ref 116520 White Stainless steel HKD$75,000

4. Rolex Ref 16610LV Submariner Green bezel Black Dial, 50^th Anniversary HKD$49,500

5. Rolex Ref 116710LN  GMT master II Green Pointer HKD$50,800

6. Rolex Ref16610LN Submariner HKD$41,500

7. Rolex Ref 16613LB Submariner with date Two Tone a few pieces with from HKD$57,000 to HKD$89,000.

Sham Shui Po Snob

Rolex Submariner Ref 116610LV and Explorer I Ref 14270 on Sales

Rolex Explorer I Ref 14270

A  Human Psychological decision to take it or leave it!?

Have you ever been invited by a young and pretty lady who you know in 5 minutes in a bar to go to her house?

I bet you would not go with her!? In fact there are really many of this came into happy endings. There are 10/90 people Blood test would tell; “HIV +” the next week after.

When we get older, we are trained by our experience to alert ourselves always” Don’t go for it!”

Yes, there is no freebie in Hong Kong, but guess who that is a diamond bachelor that has good enough income to spend on these luxury items, When he got an upgrade, seem he want to let go it for cash.

When we go to buy something, when we could see too many available choice for you!

When there are too many choices, that is virtually no choice!

When we are offered good offer, people will suspect why the price is so good, why the offering price is so low!?

It happens real life…

People sell the Rolex Explorer I Ref 14270 at Price HKD$14,800? Mint with Box, certificate bought in Geneva! Do you want to take it!? That is the same price that I bought Explorer I in Singapore People's Park  1996! I bought Four one time. At that time, HKers liked that watch so much!
(Sold to Ringo on 1000, 4 Oct 2013)

Another one sells me his Ref 116610LV at HKD$64,000 but he used for four times.  Do you want to take it!?

HK Snob

Rolex GMT MASTER II Ref 16170 looking for the next owner

This is a Ref 16170 GMT MASTER with excellent Condition, circa 1992, the owner is in need to find for it the next owner, comes with waranty paper and Box and the extra Colour ring (from Rolex).
Price is HKD$34,500.
HK Snob
PS Watch Sold on 10 June 2013 at HKD$33,000

Lung Shing Watch Price

Lung Shing Watch Price 28 April 2013 Sat,


Seems a lot of Submariners and GMT Master II Green Points are gone, not so many stock I could see only 2-3 pieces.

Sub Green bezel Ref 16610LV $52,500

Submariner No date Ref 114060 $39,500

DeepSea Ref 16660 $68,500

Explorer I ref214270 $29,800

Explorer II Ref 16570 $32,800

Explorer II white Ref 216570 $53,500

Submariner TT Ref 116613LN $78,800

Daytona White Dial Ref 116520 $83,800

Daytona Black Dial Ref 116520BL $83,800

Daytona TT ref116523 $99,800

Daytona White Gold Red hand Ref 116509 $168,800

Daytona White Gold White Dial Ref116509 $162,000

DD OysterQuartz Yellow Gold Diamond bezel and Dial ref 19018 $89,800

Most of these watch come with Paper.

HK Sham Shui Po Snob

Kuen Kee's Rolex Price Update

After I visited the orginal Place Where HK Wing Chun Grand master "Ip Man"'s house in Tai Nam Street.  http://kungfu-fever.blogspot.hk/

I went to Kuen Kee to check the price of Rolex again.
This is what I found:

Submariner
Ref 116610LV Submariner Green Bezel Green Dial
Two brand new one, price $62,000 with  box, but it does not mention Waranty paper. I believe no have.
Another one it says $63,000, this one should be with Waranty paper and Box.
Another one brand new , price 6XXXX.  with paper and Box.
Note that Brand new from Rolex AD is Net HKD$66,100. no Discount.

Submariner Black Vintage
There are 4 Ref 16600, Submariner Black, price $49,000 to $53,000

DeepSea one piece $69,000

Submariner Black
About 12 pieces, Price Range from $39,000 to $35,800 depending on the paper, box availability and conditions.

Daytona Stainless Steel
Daytona stainless steel Black dial Ref 116523 Older one price from $79,000 to $83,000
new one with paper and Box range from $88,000 to $93,000

Go and Check and try to find your dream watch... You may try to ask for some discount.

Sham Shui Po Snob 

Note
Sorry that is the picture I took from far as I am afraid it will be very sensitive if I get Closer to the Shop.
Even I took out a pen, the shop keeper would open is eyes and see if I am some kind of Commercial Spy! 
Hey, I am just a poor Snob of Rolex Collector!

Watch Shops at Sino Centre, MongKok

Wing Kong Watch Company, located at the main entrance of Sino Centre.
It has about 500 pieces of Rolexes. 250 pieces of Piaget, Audemars Piguet, Vacheron Constantin, Patek Philippe and IWC.

For Rolex there are Estimated hundred of Rolex Date Just, mainly the Hong Kong beloved mainstream Date Just two tones with diamond dial, colour of blue reddish brown, champagne gold. Mother of pearl and computer Rolex dial, etc...

As for the hot items, there are 8 pieces of Submariner Green bezel black dial Ref 16610LV price between $53,000 to $61,800.

Submariner green bezel green dial "new" Ref 116610V price is covered, POA. I believe it will be in range of $68,000 to $70,000

Submariner Black Ref 116610LN price from $53,000 to $61,800*

Daytona stainless steel black dial
There are three pieces, $86,800, $88,820 and $92,800, I believe those are pre-owned watches.
Daytona stainless steel white dial, two pieces , $73,800 and $85,000.

"My Watch"located at ground floor at main entrance of Sino Centre.
Majority is Rolex and Panerai, assorted with vintage Omega constellation, Patek Philippe Calatrava, AP 70s dress watch with gold strap, Piaget dress watch of the 80s in the display window.

Submariner Black dial vintage

Ref 5513 $36,800

Ref 16650 $48,000

Ref 16750 $36,800

Ref 16660 $42,800

Ref 16800 $43,000

There are about ten brand new Rolexes which are marked to have "less 15% discount", but when we check the list price, they have been set higher about ten percents. That means the price is more or less same as what you get as walk-in at Rolex AD.

Note * Submariner black Ref 116610LN new watch is $62,100 less 5% that is $58,995 net at Rolex AD, that is cheaper then the one in Wing Kong!
Mong Kok Snob

Kwai Yan Watch Company at Dundas Street Mong Kok

Kwai Yan Watch Company at Mong Kok Dundas Street.

We could see about 6 Submariner Black Ref 16610LN with price range HKD$40,800 to

HKD$46,800

Explorer II Ref 16570 about 5 pieces all white dial with price KD$34,800 to HKD$36,800

There is one GMT master II ref 116710LN with box and paper HKD$48,800

Submariner No Date Ref 14060M Price HKD$34,800

There is not Daytona Black Dial.

There is no Submariner Green Dial Green bezel Ref 116610LV

There is no Submariner Green Bezel.

There is other Rolex watch likely those Date Just Stainless steel watches, and some Two tone.

There are also two Day Date Yellow Gold watch with diamond bezel.

The Shop is situated one of the most expensive junction between Dundas and Nathan Road, the rent is likely about HKD$500,000 a month I think, so all this rent will be paid by the Rolex Buyers. So you can feel that they have to mark up a bit more to cover the rent.

Mong Kok Snob

Watch Shops in Prince Edward MTR Station, Kowloon

                                                  Prince Edward MTR Station Exit "B2"

                                         "Vallee de Joux" just oppposite MTR Exit "B2"

                                                            Kowloon Watch Company

Win Fat Watch and Jewellery

Pre owned Rolex watch shop at Prince Edward MTR station We can easily access to these shops which is about 80 metres radius at MTR exit B.


There are three watch shops at Prince Edward MTR Namely Kowloon Watch Company which was Rolex AD before.
Win Fat watch and Jewelllery shop company, and Vallee De Joux.


These are their watch price as on today 24 Feb

Vallee De Joux
DeepSea Ref 116660 HKD$82,500 with paper and box. (New Watch at Rolex AD is HKD$82,500 less 5%; HKD$78,375).

Explorer II Ref 16570 HKD$36,800 with paper (Discontinued Model).

Milgauss Ref 116400 green bezel green glass HkD$41,800 (New Watch at Rolex AD is HKD$59,600 Less 5% , HKD$55,620).

Submariner Ref 16600T HKD$48,000 with paper (Discontinued model).

Date Just lady Ref 178274 blue dial Jubilee strap HKD$53,800.



Win Fat Watch Company

There are over 200 Rolex in the shops and some of them are brand new.

These are some of them I caught at the window display.

Daytona Ref 116520 stainless steel black dial HKD$99,800. (Rolex AD is selling at HKD$95,000 net) Daytona Ref 116520 Stainless steel white dial HKD$84,800 (Rolex AD is selling HKD$87,500 net)

Submariner stainless steel Ref 116610LN HKD$56,800 with paper (Rolex AD is selling HkD$62,100 less 5% ; HKD$58,995)

Yacht Master Ref 16622 stainless steel white dial Ref 84,800 (Rolex AD is selling HKD$87,500 less 5%: HKD$83,125)

Kowloon Watch Company

They sell only new watch, Kowloon watch company represents Seiko, Longine, Omega, etc.


Comment
There are big price difference between pre-owned watch and which selling as new at Rolex AD especially Daytona, mainly because there is long queue for New Rolex Daytona at an AD. All it takes it supply and demand, but I would wait for new Daytona at Rolex AD as no one knows the history of that watch.

There are many people do not know that there are many watches selling as USED with price even higher than the new watch at Rolex AD. Please check carefully before you give them your credit card!!

It is a good shopping at Prince Edward Road as after the shopping, you can go to the next two shop of Win Fat for the HK Famous dessert at Shun Yee dairy, and street on next block which sells pets, fishes, and or Fa Hui (Flower market) for all kinds of flowers. What a nice Place for Watch Window Shopping in Saturday Afternoon!

HK Snob

Good Old Days Watch Shop

When you pass by World Trade Centre for Shopping, don't miss this "Good Old Days" as I have seen they have hundreds of Vintage Rolex, Like 40's 50's Orchid, Cellini, and at least 4 King Midas Cellini with price HKD$33,000 to HKD$38,000 if my memories are still right! Besides Rolex, there are many other first

class watches too like PP, VC, JLC, Cartier, Piaget, etc.

They have many types of Dress watch from Rolex, but not even a Rolex Sport watch! It is worth you spending time to vsiit there.It is in 4th Floor of World Trade Centre.

Refer to attached name card for detail address, it could easily take away your time 1 hour iafter an Hi tea at Causeway Bay!
HK Snob



How Much the Accessories of your pre-owned Rolex Valued?!

Sometimes, the pre-owned Rolex can be more expensive than the new Rolex,, why as because that is discontinued, or those were limited production.
We have to go for shops buying these pre-owned or used Rolex Watches...
How to tell the value of the accessories?

This is purely a reference only
For example for Date Day
If the strap is not from Rolex… it value will be 1/3 of the original strap a Original pre-owned Rolex President strap is approx HKD$40,000. Whereas a local made Rolex Strap may cost about HKD$12,000
Original Box – HKD$500
Original Warranty certificate- HKD$1,000
Original Purchase invoice HKD$300
Rolex booklet and operation manual, HKD$500
Leather Passport holder HKD$500
Rolex Oyster Seal HKD$100
So a fully equipped Rolex may ask you for HKD$100,000
But purely a same Rolex without the accessories, come with local watch strap may just cost you. HKD$60,000 or less estimated… Sometimes the Rolex Repair slip that is also an important Reference as it tells you Rolex has accepted to service the watch, as only if Genuine Rolex will be serviced in Rolex Service Centre. Attached a sample of Rolex Service Slip on a Rolex DD.
Next time when you buy….check the watch carefully! HK Snob

How to tell a Rolex Case has been polished or not…

Well, if you find a beautifully Rolex which looks like new… whereas there is another one may have lines of scratches and traces of usage… everyone will pick up the new one first, but I do hesitate… all we have to check the case has been polished after leaving Rolex Factory.
As if they have been polished many times… though it looks like NEW, but the Rolex oyster curvature and profile may be lost. And the watch looks a bit “Thin”. When you pick up a new Rolex, is “Fat” meaning that they have muscle on all corners, slugs, and it look wider.
The how to tell a Rolex case has been polished? I usually look at the for surfaces of the slugs. If they are original un-polished, it has a rectangle shape with shape corner edges. if the watch has been polished , especially by non-professional operators, they look filmsy and the rectangle will be gone.. If a professional operator could polish the case removing all scratches and lines and at the same time restoring the rectangle, yes, it can, but the overall watch length will be shortened.. Experienced Watch collector can easily tell by comparing two Rolex side by side to tell the length of it…but most of the cases, the about check can tell how much the case has been polished and is good to serve our purposes… and most of the case, the Shop keeper will be hesitate for a customer to do such a stringent body-checks!
A polished case will lose it value. But not too much if they have been polished lightly. But if we are buying that Rolex for Collection, of course the first choice if going to the un-polished one…
In another cases that non Rolex AD Rolex may be Restored… so you do have to check also see if that has been undergone some polishing works to restore the original luster with trade off of the "Fatness" of the Oyster.
HK Snob

Shopping Technique for Pre-owned Rolex watch in HK.

Lately we had mentioned the precautions in buying used, pre-owned Rolex in HK.
We can see that a used Explorer II can have a price range from HKD$22,000 up to HKD$45,000.00 There is a wide range of price, and that we should take extreme care in the choice of the watch or you may buy a Cocktail Rolex.
Learning from Andy Tan that if the Rolex is not 100% genuine parts being installed on, there is not service support in Malaysia. Whereas in HK, the Rolex centre has a bigger tolerance on the degree of Cocktail parts.
As if in HK, if the movement, dial and the case is not genuine, they will not service, But they can accept for servicing if the Sapphire, the Strap lock pin, the Leather strap is not original, they will tell you before they consider to service it.
Of course there may be the case that they will charge more a bit and they will not normally have warranty on the water proof, ever all parts are original, they normally do not warranty on waterproof function.
When we buy a Rolex
We should take note on the Source, from who you buy from, Shops, dealer, or private owner. We should always buy fro a Trusted source, do not buy surprise –cheap Rolex as they might have problem. The watch might be a stolen One. It may give you a Great Nightmare!
If we buy, make sure we should buy from trusted Shops
The older shop is usually having high credibility.
They are always asking more if the Watch is pegged with Original Invoice, Waranty card, Boxex, booklet and original Shopping bag!
We should look what is being stated on the Invoice that usually indicate the extent for the warranty, and what if there is problem, how about servicing...
Check carefully on the watch for the degree of usage by checking the hand for scratches or oxidation, scratches mean they have been gome through a lot of service, especially by non-Rolex-Certified Technician.
Check if the case has been polished, some are not properly polished that will cause water leakage! A lightly scratched watch which has not been polished is always preferred that one looks so shinny and new but had been heavily polished, especially the Vintage Watch.
Accuracy
I will like to test the watch by either machine checking on the heart beats for accuracy.,
if they do not have, check for minimum 6 hours see how accuracy it is…within 6 hours There should not have any significant change in time. If that has 2 seconds of gaining, the watch may gain 12 seconds a day, that is out of the Specification of Rolex standard for Chronometers.
All my Rolex has a daily accuracy of not more than 3 second gaining or losing time,
That is the normal accuracy of a good Rolex.
When there are two Rolex which has the same exact Ref., Say Date Day Ref, 1803.
One has full genuine Case dial, bezel, Sapphire, Strap, Diamond Bezel and strap lock pin which comes in Plated Gold and Solid Gold. This watch may take you HKD$150,000
But if the Strap is not the original, it will be much cheaper as the Strap is almost 40% of the cost of the Whole Rolex.
If the Diamond bezel is not the original, it is about HKD$6,000, but if the diamond bezel is Original it is about HKD$30,000.00
If the Dial is not original its just a few hundred HK Dollars, but if the dial is Original Like a Ferrari Red Dial of a Date Day, they may ask for HKD$100,000.00!
If the Strap lock pin is original Solid Gold Pin, it is about HKD$3,000, but of that is a fake one, it is about $800 for Solid Gold one…
So you can see that two identical outlook watch of the same model may have a different price tag of HKD$120,000 and HKD$70,000!
So Don't be so happy when you buy a Cheap Rolex… there is always a rationale.
Buy the worst case is you spend HKD$120,000 for a cocktailed Rolex that is only able to sell in the open market for HKD$60,000.!
So if you do not know how to check by ocular Inspection., you had better go for the Rolex AD to buy a New Rolex
Sometimes there may be a chance that the price is below the market value If you know the things and Trick, that is why it is A GREAT Fun to buy the used Rolex!
HK Snob

How to buy a good Pre-owned Rolex in Hong Kong?

There are a lot of Tricks and fraud on selling Rolexes since 70’s; nowadays I can not rule out that there is not such practice… But the Concern is even the Seller bought Fake Rolex before they sell to you. There are so called Cocktail-Rolex in HK, though the percentage is very low but hey, Who knows!? As Even Rolex Service Centre some times had to consult expert in verifying the Authenticity of the Rolex they receive for repairing. Imagine they are under age of thirty in average, how can you expect they can have that kind of knowledge…The master watch guru is just too busy to handle all the Enquiries.
Experience and the knowledge on the watch is needed if you want to buy good valued-pre-owned Watches. Some of my advices and advices of the Rolex Collectors:
Go with a pro
Ask Local people t buy together with you
Also tricky people may look at the buyer, say if the buyers is inexperienced people and they may tend to give or recommend them "Less Good Quality Stuff" to them. This is the General practice for people who do business. That is why; ALWAYS go to some trustful stores for the Rolex.
Reliable Shops
Prefer to go the trusted Shops that have been running for many decades in HK, unless you know the shop keepers.
Price
Remember no free lunch, and No Cheap Rolex
If the price is too low, I will not buy. You know what I mean!
The price of a Rolex can be determined by it model, market demand, the Originality, condition and the accessories such as birth Certificates (Warranty card), Boxes, and even original purchase invoice.
Ocular Inspection
I will check for the usage, means that how Rough the watch has been used...
Check the outer screw thread for traces of abuse used if the tread is badly worn off.
Check for the dial if that Night Glowing Dots is original or not
Check for the Hands are bent or have been oxidized
Check for signs of the Cases has been polished or not: So Call FAT Boy is the good original case, of the case has been polished, it is “Thinner”.
Open and See
I Will ask if I can Open and see the movement, well, that is tough for you and even for me in some of the shops in HK
Buy from Dealer
I used to buy from Dealers....who can open the watch and show me... and Most of all, Dealer is cheaper.
HK Snob

Where to Buy the Best valued pre-owned Rolex in HK!?

(The Pictures shown here on top is Kuen Kee and the Bottom is Lung Shing)

Where to Buy the Best valued pre-owned Rolex in HK?
This is a question from friends and fans of Rolex to me.
Well, to me, when I buy a pre-owned Rolex I have the following requirement.

1.The goods is original Rolex and Rolex parts
2.The Goods was bought from a Reliable legal source
3.The Goods is having no problem and having Rolex original Quality.
4.Come with Original Warranty certificates and Boxes.
5.The Price must be right and to me… I mean Cheap!
Well, as everyone knows that the first 1,000 Starbucks coffees for the day are made for paying for the rent in HK. As The rental fee in HK is likely Highest in the World. So when you enter the shop in Tsim Sha Tsui hotel shopping arcade to buy a pre-owned Rolex.. likely 10% is going to the pocket of the top-five Landlords of HK, through indirectly the Watch Shop.

So Where Can I buy good value for money Roles in HK!?
Well, My choice is Luen Shing and Kuen Kee in Sham Shui Po…

Why? As Sham Shui Po is HK’s poorest district in terms of People average annual income . The rent is almost lowest in HK, and the rent may be just 20% for that of Tsim Shan Tsui.

And They owe their shop. Meaning that they have intrinsic 20% tendency to be cheaper that other people running the same business.

That is True when you compare their price!
Another point is that they sell almost Rolex only, so you have a lot of choice.

They have been running almost 30 years under the same owner… So they have a good connection with Thailand, Malaysia, China, Singapore and Philippines buyers., In fact Kuen Kee does Whole Sales for Rolex….
On their other hand, their extensive experience to tell how good the Rolex watches are when they buy it.. Also since they owe the pawn shops they can some time get some very rare Rolex and they can dare to buy up!
So, next time when you think of buying pre-owned Rolex go to these shops!

Lung Shing is situated at Cheung Sha Wan Road 169. They open from 1200-1900 only
http://lungshingcentre.com/

Kuen Kee is situated at Ground Floor, 25 Pei ho Street, Sham Shui Po Kowloon.
Tel 27206632, 23864010. Website: http://www.kkwatch.com/ you can exit Sham Shui Po MTR Exit A2, go alone Pei Ho Street, across about 4 block of building, 200 metres away, you will find it. Not too difficult to find for Foreigner. If you are not too sure, go Google Map to take a look first. They Accept VISA… you can ask for some discount…if you are a good sweet talker… well, try to bring home a Good Rolex…
Ps. They display about 400 Rolex watches in the Kuen Kee Shops.

The DeepSEA is selling from HKD$39,000 to HKD$49,000, Submariner is selling HKD$37,000 to HKD$43,000. Explorer is Selling from HKD$29000-36,000.

In Luen Shing I have seen about 80 Rolexes Today.This is purely my personal comment only as I do not mean to say something bad about the shops in Tsim Sha Tsui, however the shop in Tsim Sha Tsui may have more other brands such as VC, AP PP, FM, RD, IWC, Cartier…etc

Sham Shui Po Snob