When Rolex price will start to get back to normal?

 Today I visited some of the watch shops at CKE, TST of Hong Kong.

We talked about when the next Rolex price up will be?

I think September as by then the Russia Ukraine war should come to an end if not should 

be come to a resolution to stop.

Biden should find a way o sit down talking to President  Xi on how to get things moving on such that his seat at White House would be kept warm in November.

If that Russian war is settled , European, USA inflation will be having a way to be reduced. 

By then China had been fully recovered on it production capacity to regain momentum for chasing best GDP for the year.

And if so, the people will start to spend money on more or less more on luxury goods .

I pray for that... Let's see, only two months to go.

HK Snob

Watch consignment for sale

Only serious consignments are welcome.

Require HKD$1,000 deposit, returned after a one-month selling period.

Can be extended for free or when the watch is sold.

Exclusive selling rights.

HK Snob

What will be the watch market in 2022 Q1?

 

Discontinued model

Rolex Daytona steel 116500 was speculated to be discontinued by Jan 2021, price was raised to $310K highest ever by Dec 2020. Now the price of it is still moving around $280K. I think it will not be discontinued by Q1 2022.

Tiffany Blue

Since Patek Nautilus 5711 steel Tiffany blue hit a auction price of $40M. All watches come with Tiffany Blue because the target of all watch lovers, flippers and dealers, it reached price of $670K yesterday.

Today another seller is asking $1.8m! I can’t believe my eyes. Well, I think there might be people buying but there are still many cheaper offer from $200K to $600K… he has to wait for all the lower price watches been sold first. He may have patience to. But I cannot underestimated the operation fo Rolex

They might have controlled not to produce as many as Patek 5711 Tiffany blue 170 pieces.

That is killing all watch lovers and we think Rolex is the new currency now. Cash in bank gets no interests but Rolex can make 200% in one year.

What is next after Tiffany Blue?

I think there is a hidden diamond under the palm tree, yes the Date Just 126234 Palm green with jubilee bracelet as I have seen juts three pieces in the past 8 months in Hong Kong.

Well, I am looking for another one

General market situation

Generally we see more buying and trade in these November and December due to Xmas season and new year, and I think price is better for December, as no one want to keep a watch over the year, it will become 2 years old after December 2021.

If you want to buy watch from open market get it now, price is usually lower for Date Just or non-popular models. For those hot items, the price will be getting higher after January as factories are closing for Xmas and new year vacations.

HK Snob