Audumars Piguet new 2016 dive watch

This is latest Yellow Dive Watch..

MSRP is HKD$219,000

There is one from AD HK with some discount.

HK Snob

Panerai PAM616

This is the most sough after Panerai lately, the PAM616.

HKWF is able to supply this watch from HK

HK Snob

Go High-end Watch or a Vintage Watch?

How many High-end watch Switzerland produces each year nowadays!??

Imagine an established, Swiss watch brand, located in Geneva or the Vallée de Joux. This watchmaker has done well and diversified with good marketing network now makes 40,000 mid- to high-end watches a year. (Swiss bank Vontobel recently estimated in that Audemars Piguet makes 40,000 watches a year; Breguet, 32,000; Jaeger-LeCoultre, 75,000; Roger Dubuis with 8,000, while the number at Patek Philippe is 50,000.) 

Of the 40,000 watches made by the imaginary watch company, say 20 percent are complications such as chronographs and annual calendars, but quarter of the complications output is the high-end stuff, minute repeaters, tourbillons and the like; watches with six figure price tags. So this company makes 2000 high-end complications a year. Assume a third, or 500, of those are tourbillons.

Over a decade, that would mean 20,000 high-end complications produced, 5000 of them tourbillons

by a single hypothetical company. 

With 20 companies, a decade’s worth of production is 400,000 high complications, and 100,000 tourbillons.

High complications typically starting at US$100,000, being a mere millionaire is insufficient to afford one. Only ultra high net worth individuals – those fortunate individuals with over US$30m to their name – can reasonably afford such watches. Wealth-X, a research firm specializing in rich people, estimated in early 2015 that there are just over 211,000 ultra high net worth individuals around the world.

Even if every UHNW individual on the planet bought a high-end complication over the course of a decade, there will still leftover watches.

So the answer to the question in the title is obviously yes. That’s why modern complicated watches are now faring poorly in the secondary market, as evidenced by recent auction results.

What is a collector to do?

A collector should, therefore, pursue truly rare watches. Vintage watches are often the suggestion, since their supply is by definition limited. However, the vintage watch market is frothy and fraught with danger, so prudence and specialized knowledge is required.

It never not too late to seek genuinely rare watches.

 

HK Snob

HKIA Cash Coupon Rewards 16 Jun -30 Jun 2016

Visit this HKIA Site for more reward coupon information.

https://www.hongkongairport.com/eng/shopping/cash_coupons.html

HK Snob

Up coming Hong Kong Watch Guild Show

This Show come again with dealers, collectors and individuals to trade and sell Watches.

Note the time and places above.



HK Snob

Cartier Pasha C Limited on Sale

 

Cartier Pasha C Limited Watch and Box

Condition: 90%

 

Keep Excellent Time

 

HKD$13,000

 

Valued Purchase

 

HK Snob

 

PS Sold today 22 June 2016

 



Cartier Chronograph On Sale

 

 

 

Cartier Pasha Black Dial Chronograph Limited Edition of 250 pieces (Japan)

Condition:95%
Keep Excellent Time
Watch, Box and Papers Full Set

HKD$34,000

HK Snob

PS On Hold by someone 22 June 2016

Tudor Heritage Ranger Ref.79910 On Sale

 

 

Model: Tudor heritage Ranger Ref.79910

Size:41mm

Details: Complete Box and papers

Brand new Tudor Ranger bund leather strap with original signed deployant buckle

Condition:90%, Keep excellent time

Price:HKD$17,800

 

HK Snob



Rare IWC Portugese Laureus Limited Edition on Sale

Model:IWC Portuguese Laureus
Limited Edition Ref.3742-32
Size:41mm
Details: Complete box and papers, Sunburst blue dial,
Blue croc, IWC pin Buckle
Condition:90%
Keep Excellent Time
Asking HKD$45,000

HK Snob

Rolex Day Date Ref.1803 on sale

 

Model: Rolex Day Date Ref.1803
Case: Yellow Gold 36mm
Movement: Cal.1556
Dial: Yellow Gold Pie Pan, Yellow gold with YG Stick Indeces.
T Swiss T marking
Crown: Yellow Gold Rolex Signed
Serial Number :372xxxx (1972)
Condition:88%

Keep excellent time, very even patina,
Watch only
Custom Morelli's Finish case
Price HKD$38,000

HK Snob