Audemars Piguet 26000PT Perpetual Calendar in Platinum on sale

 AP 26000PT limited 90 pcs

Limited to 90 pieces

Watch only

running in great condition

HK$330,000

HK Snob

Chrono24 Price as reference

 For most of the watch seller, watch buyers are referring Chrono24 pricing as the price.

Well, in fact you can see that many of the watches posted on Chrono24 are not all fast moving items.

There are a few reasons, first of all Chrono24 watches sold are subject to Chrono24 charges of 6.5%.

So naturally many of the seller are marked up by 6.5% to 10% on Chrono24. That is why we should not take Chrono24 price as the current market price. I used to take the mean price then times 0.9 to be the market selling price.

Of course this is my way to check price of the world market price of the particular watches.

HK Snob

NOS with sticker 114300 39mm white dial on Sale

This is a 39mm 114300 White dial on sale

Price HK$88,000

HK Snob

Tudor 7928P on sale

This is a awesome Tudor Chronograph, just been renewed with new crystal, bezel insert, dial, and hands, also been overhauled with 2 years warranty by Tudor Service Centre, Hong Kong. 

Orange is super rare, you not even able to find one on Chrono24

Price HK$93,500

HK Snob

Patek Philippe Ref 5320G Perpetual Calendar

This is two Patek Philippe Ref 5320G bought for two different gentlemen who keeps this with me for investment.

This is Perpetual Calendar in creamy dial with 40mm dia. the SRP is HK$660,000. and I believe this watch value will go up to certain level after three years.

HK Snob

Vacheron Constantin

This is a  Vacheron Constantin Gen 1 automatic watch with 37mm dia excluding the crown.

NFS.

HK Snob

 

Brand name says it all

 You can see that is not right for swimsuit is not advised to use in water, but nevertheless they sell fast even at price tag of US$490. 

Because the brand name says everything 

HK Snob

What is next after Patek, Rolex and Audemars?

 This is recent post up on internet about the new role of watch that has been pulled up with prices.

Well, that is not my surprise as when Patek, AP and Rolex price is high enough to an astonishing level, people will start to look for replacement.

Although many people dislike what I am trying to say as they are base on the old market value of Vacheron on the past 5 years as a reference. But I can see the trading price of Vacheron is getting high in the HK watch trading groups everyday.

Of course the data is not lying by itself, Yes I know those Patek AP fans is not likely to hear that as this will dilute the buying focus towards these Patek and AP. 

Never mind, we should watch out.

HK Snob

New 2021 36 mm Explorer I Ref 124270

於今年年頭推出的新款Rolex Explorer 124270，從Explorer 214270 39毫米錶面，回歸至36毫米，當時不少人都紛紛憶起木村拓哉在《戀愛世紀》、《HERO 2》入面戴著的Explorer I。新款式黑色漆面錶盤上「3-6-9」這組數字仍然搶眼，源用Chromalight夜光顯示，指針及立體時標上均塗有夜光物料，載3日動存的Cal. 3230自動機芯。除不鏽鋼款外，亦引入黃金鋼款，以品牌獨有蠔式鋼10款Rolex男士入門錶款推薦

 

勞力士男士入門錶款推薦01 ：Rolex Explorer Ref.124270 

2021市場價格：約HK$72,000 – HK$98,000

2021官方售價：HK$50,000（不鏽鋼版）配上含有18K黃金的Rolesor物料，讓人耳目一新。

HK Snob

Luxury watch price in Hong Kong

Price of some luxury watches in Hong Kong

Rolex price is continuously to appreciating in the open market which I could day more or less controlled by dealers. Next Article will cover some of the dealers movement in Hong Kong.

While sales of these wristwatches dipped for a short period of time during the height of the pandemic in 2020, purchases have recently jumped higher. According to the FHS, a Swiss watch industry research group, Swiss watch sales were up 7.6% in July compared to the pre-pandemic baseline of 2019. Sales growth jumped a whopping 48.5% in the U.S. in July compared to 2019 levels, and even 75% in China. This is the best reply why Rolex price is insane high!

Rolex recently had announced that they will try to do the best to increase their production output at three of their factories in Switzerland. Rolex officially said they “Will TRY”….as there are a lot of quality control issue if they want to increase the output. Meaning is that be calm, the price will be still going up!

Patek Philippe

Well, it is getting worse we supply and demand is never been able to be in balance, demand is much higher than supply. An Aquanaut model 5167 used to be 1.6X of SRP $140,000 is now 3X high in the open market.

The Nautilus 5711, and or 5712 they are now lying in the range of 2.5X-2.7X of SRP.

Some special model such as Aquanaut 5968 Green, SPR is $330,000 and only we can buy with $1.3M in the open market!

Thierry Stern had mentioned that they will TRY to increase production output but he added, due to the need for certain skillful watch smith, normally it takes 20 years for bring up more skillful people to increase the volume of production… 20 years!

So this statement will ensure the grey market price of Patek will keep increasing…further at least for 10 years!

There will not be any chance to see the price lowered within the next two years, if there were geographic dispute between big countries, trade war with Switzerland, or war, of Wall Street economy slash or Political Chaos, in these cases. more speculators would dump more cash into this Patek as a security protection, price even would go up further!

Probably looking for something still undervalued today such as Vacheron Constantin as we noticed through all the dealer trading groups, that Vacheron is some of the frequent asked watches now after Rolex, Patek, Audemars… worth your thought now.

As for Richard Mille, there are few different idea, those who are having RM is likely to support emotionally and financially on the watch, those die hard old school watch lovers seems not being moved by the crazy price of RM as they still prefer those classic Luxury brands mentioned above. Others are swingers wo are watching and see if there is a chance buying good priced RM, but never can  at least for the up-coming 1-2 years.

HK Snob

Currency here is in HKD (Hong Kong dollar, 1 USD=7.75 HKD)