Looking for investor and fund

Whatsapp me if you are interested in.

HK Snob

852-51229994

 

Buying Hi Fi equipment or Rolex watches First?

“What’s Hi Fi” had selected these few pieces of all time favourite or memorisable pieces of legendary audio equipment. No matter you have once used them or still using them now, they represent the best examples of good engineering and special designed masterpieces! Though there is arguable why not Rogers LS3/5A Loudspeakers is not included or not. Let’s not talk about your own favourite pieces first. Do we agree that these are some of the legendary Audiophile 

Equipment in the past 60 years ?

 

Have you notice that the Maclntosh MC275 was sold at US$444 in 1965 worth how much now ?

Well if a super nice condition with original component in is about $7,000!

 

Can you image if one used the US$444 to buy three Rolex GMT master 1675 and keep until

Now in super good condition worth how much now? In case of a 1960 GMT Master is kept till now probably worth US$134,615 which is 20 times more in value. 

 

The moral of this story is keep your Rolex and sell them to buy audio equipment! As most of the audio equipment will depreciate rather than appreciate over time 

 

 Maclntosh MC275

Audio Note Japan Ongaku amplifier (1991)

 

Audio Research SP10/SP-10PS pre/power (1982)

 

Bowers & Wilkins Nautilus speakers (1993

 

Burmester 808 Mk 5 preamp (1980)

 

Krell KSA50 power amp (1985)

 

Linn LP12 turntable (1973)

 

Mark Levinson No.30/No.31 CD player (1991)

 

McIntosh MC275 power amp (1961)

 

Nagra PL-P preamp (1998)

 

Naim NAP250 power amp (1975)

 

Nakamichi Dragon (1982)

Oracle Delphi Mk1 turntable (1979)

 

Quad ESL 57 (1957)

 

Tannoy Westminster (1982)

 

HK Snob 

Investment on Watch

Whilst Real estate is going flat a bit this two months January to March 2019 and over the year had dropped 15% in HK, besides Real estate, do you want to invest in watches?

The fact is, even if a watch is going to appreciate, it’s not going to do so by a huge margin. Compared to property, classic cars, painting, old jades or fine wine they’re just not worth the time it takes to research the subject. Still, there, there is the bonus point that they rarely drop in value.

A good watch shouldn’t really degrade that much. It’s not a Ferrari F40 that may involve high cost on maintenance, after all If you keep it regularly serviced and avoided being hit by a bicycle at night or metalsmith’s hammer!

The problem is that watches, unlike most other investments, they follow trends. They’re high-value mechanical marvels, men’s accessories, but when you boil it all down they’re simply an accessory on the wrist. And while trends are cyclical, you just can’t wait another 30 years for your watch to come back as the Fashioned models. Unless yours is the Vintage Rolex whereby the demand is always there and they are growing!

Up to now, if you still insist on putting your cash on watch investment a try, there are a few ways to go about it.

Try this if you are having a deep pocket; Patek Phillipe Ref 5711/1A or 5712/1A (these two models are selling in the HK market about HK$500,000) Nautilus which is the most sought after NEW Pateks in the market. However if you are not those people who are being “RECOGNIZED” at the Potential owner by Patek General Manager in HK. That you are almost impossible to buy at SRP at Patek Boutique unless you have the patience to wait for 5 years.  Then Try the second Approach, the Rolex Approach.

 

Rolex Sport Models

Well, everyone now what is hit in the market but being a newbies, what is the best investment item on Rolex?

These are my suggestion

Best 6

1. Daytona Ceramic Ref 116500LN White
2. Daytona Ceramic Ref 116500LN Black
3. Batman GMT Master II Ref 116710BLNR
4. Submariner Hulk Ref 116610LV
5. GMT Master II Green Pointer Ref 116710LN
6. Explorer II 216570 Black 

Whatsapp me for more if you want to invest on Rolex or HKWF!

HK Snob

Nominated by Quark Rolex Japan, these are the Top Four New Rolex Watch Investment for next 3-12 years… that they Guarantee Value Appreciation

Nominated by Quark Rolex Japan, these are the Top Three Rolex Investment for next 3-12 years… that they Guarantee Appreciation.

In fact, only these three models can appreacite over the years, the rest, Yacht Master, Date Just, Day Date, SkyDweller, DeepSea, all goes Depreciation over the years.

Summary

Top 1 Daytona Black Stainless steel Ref 116520, the preferable Year 2000 watch A-series.

3 years gain 20% and over the year Quark speculate a Gain of 23%.

Second is GMT Master Ref 116710 BLNR – 2014 New.

Third is Daytona White Ref 115620 Daytona, rare but as of today we have one at one of the Rolex AD in
Hong Kong HKD$87,500 nett.

Fourth is the Beyond Rare Ref 116610LV Submariner

So next time when you spot a watch in the Shop, you should Buy it!

Availability in HK

Last week HKIA Rolex has both White and Black Daytona, A Watch fever Fan bought one WHITE, he was very happy as he bought it at List price HKD$87,500, in fact there is Black but he liked White more...

GMT Master II Ref 11671) BLNR, as of Today as far as I know not so many shop has stock, wait for week end stock replenishment.

Submariner Ref 116610LV, a Hate and Love watch, when I have stock, everyone says skip it, let go.... when there is no stock, everyone say’ I love to have it…please find one for me... :)

So, please do not ask me about this watch anymore, if you want to buy, Go to Wing Kwong at Sino Centre MK, I saw two on last Saturday "New" as they said...

And Also Lung Shing at Cheung Sha Wai, I saw two on Sunday Afternoon 25 May with paper and box!

Price HKD$65,500 (if I can member Correctly)

Watch Fever

HK Snob

PS Quark is a Chain Rolex Store in Japan , they have 12 Shops in different location

Visit their Website http://www.909.co.jp 

What if I buy a Rolex today and sell it in 2023? Gain or loss!?

Whilst… I fetched out the 1987 White Vinyl putting on my LP-12 to play. Through the Harbeth Loudspeaker, a familiar mellow voice of Leslie Cheung… if he is not dead, he is one year old than I….he is Really the "Kor Kor"! I am his fans and I am also Fans of Rolex too.

Rolex List price Increased by 16%-20% in two years
All by sudden, looking at the Rolex price book of Sept 2010, and check with the Today's price again I chose the most popular models and listed here for comparison after about 24 months. As I can recall that the next price Adjustment was March 2011 after Sep 2010. Total 4 times in 2011. And no price adjustment since Nov 2011 till today.

A. Submariner SS Black Ref 116610LN $53,600 now $62,100; increased by $8,500 that is 15.9%

B. Submariner Green bezel dial Ref 116610LV $57,100 now $66,100; increased by $9,000 that is 15.8%

C. Air king Ref 114200 $33,200 now $38, 500; increase $5300 that is 15.96%

D. Submariner WG Blue Dial Ref 116619LB $227,500 now $263,600’ increased by $36,100 that is 15.9%

E. DeepSea Ref 116660 $71,200 Now $82,500; increased by $11,300 that is 15.9%

F. GMT master II Ref 116710LN $52,900 now $61,200; increased by $8,300 that is 15.7%

G. GMT master II Two Tone Black ref 116713LN $78,900 now $91,500; increased by $12600 that is 16%

H. Day Date Ref 118238 Yellow gold $202,800 now $243,200; increased by $40,400 that is 20%

I. Lady Date Just Ref 179171 $57,100 now $66,100 ; increased by $9,000 that is 15.8%

J. Daytona SS White Dial Ref 116520 $75,500 now $87,500; increased by $12,000 that is 16%

Note that so far since Nov 2011, Rolex has not yet adjusted any price so far, and as an average they increase 8% a year. That is able to cover the Inflation and is better than any interests bank can offer.

Investment on A Day Date for ten years

Day Date has the biggest price mark-up for 20% in two years, probably due to the Gold Price is quite High in the past two year, in fact Gold price has been dropped about 10% from the peak in 2011..

Make a Assumption, I buy a New Day Date Ref 118238 today at HKD$ 243,200 less 10%* discount. My cost is HKD$218,880 today.

Every year Rolex Adjust 10% for the price, by 2023 the price will be 2.5973X than Today price. Ref 118238 will be marked with list price of HKD$243,200x 2.5973 , that is HKD$631,663!

The Compound growth is huge, and if your Rolex is kept in good condition, you can sell them like new.

If that is a Collectible colour or special Dial… man, the ROI is  Very Good!

How about sell your used DeepSea after ten years?

It is a pity to keep the watch in safe, how about I use the watch everyday I buy a DeepSea Today!?

Now I buy a DeepSea with Discount say 10%* my cost is $74,250 Today

After ten years, by 2023 the DeepSea will be priced at List price HKD$82,500 x 2.1589 =$178,109.

In case I use it for 10 years, and I send it to RSC for Polishing and cleaning with Today money HKD$1800.

I sell it to the used market at 45% (Depends on your negotiation skill, range bewteen 40%-55%) of the selling price, that is 178109x.45% = $80,149 -$1800= $78,349

That mean on money value I just spent $4099 for wearing a Rolex Top Line Diver’s watch for 10 years…

Is that a good deal!?  The Key Things is "Buy Low and Sell High!"

Note: Some people can get VIP docsount 8%-14% in Rolex AD HK, of course not me!
HK Snob