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Friday, January 30, 2026

錶盤上的 "Email" 的意思是...


電子郵件(Email)最早可追溯到1971年,由雷·湯姆林森(Ray Tomlinson)ARPANET系統上實現了第一個電子郵件系統,90年代至今並逐步發展成為大眾化的通訊工具。 

大家是否有見過腕錶品牌把電子郵件 《EMAIL》擺在錶盤上? 

我們熟悉的百達翡麗應該是第一個鐘錶品牌,把EMAIL放上腕錶錶盤!  PP也很跟上潮流喔。 非也! 非也!  湯姆林森的電子郵件是科技而PP的電子郵件是工藝。 

瑞士的官方語言是法語、德語、意大利語、羅曼什語,而瑞士製錶業中使用法語的人最多,因此很多鐘錶術語都是使用法語居多。 

“EMAIL”,在法文是琺瑯的意思,但是每次看到這個英文單字都會認為是電子郵件。LOL! 

不只百達翡麗會使用"EMAIL"其他少數鐘錶品牌譬如"Louis Erard"也有使用,但是就沒有那麼明顯。

Paul 

Ref: Original Author is Eric from Malaysia

Wednesday, January 28, 2026

勞力士保值率2026最新VR僅報6.7%


2025年,奢華手錶二手市場仍在整合回穩,2022年開始的跌勢在大多數品牌中放緩,而少數牌子的二手價甚至有所上升。

鐘錶新聞WatchPro引述摩根士丹利的市場數據指出,勞力士(Rolex)二手錶雖大體上仍保值,但其平均價格即將跌破官方的建議零售價。

報導認為除非勞力士二手錶價隨着新錶價格上漲而走強,否則今年可能會出現一個重要轉捩點——官方零售價貴過二手價。

勞力士二手價快將被零售價追平

摩根士丹利在其奢侈品市場二級市場季度報告使用價值保留率(Value RetentionVR),是衡量二手奢侈品保值能力的一項指標。

WatchPro引用摩根士丹利截至202619日的數據顯示,勞力士保值率較2025101日降3.4%,最新僅報6.7%,代表勞力士二手錶平均售價比其建議零售價高出6.7%

官方一動作削弱勞力士保值率

值得注意是,2025年第四季勞力士二手平均價其實升4.6%,因此其VR保值率錄得跌幅是由於授權代理商零售價上漲所致。

勞力士錶主的議價能力也許不高了。報導指出,當消費者賣錶給專業代理時,價格多數都遠低於二手市價;即使是寄售手錶,扣除費用後也有機會蝕讓。

僅瑞士3大名錶仍保本

2025年內,勞力士姊妹品牌帝舵(Tudor)二手價升3.2%,卡地亞(Cartier)漲3.4%,歐米茄(Omega)揚2.4%,愛彼(Audemars Piguet)小幅走高1%;百達翡麗(Patek Philippe)二手價表現最佳,升幅達12.1%

但二手價上升,未必反映品牌保值能力的增減。大摩基於WatchCharts數據追蹤的品牌中,僅三個品牌的VR仍保持正數:勞力士、百達翡麗和愛彼。

換言之,勞力士、愛彼和百達翡麗這瑞士三大名錶是目前僅有的幾個在二手市場上還能轉售獲利的品牌。該行報告並未追蹤理Richard Mille或產量較低的獨立製錶商如FP JourneDe BethuneMB&F

美國減價8%料進一步推升百達翡麗保值率

報導指出,即使2025年二手價上升的品牌,目前仍較零售價折讓不少,其消費品意義仍大於投資資產。

卡地亞被認為保值能力不斷增強,但其今年1月的VR值仍錄-30.9%,只是較去年10月的-34.6%有所改善。歐米茄的VR-36.4%,萬國錶(IWC)為-40.4%,帝舵為-40.6%,江詩丹頓(Vacheron Constantin)為-41.1%

截至19日的數據統計,百達翡麗的VR10.7%,反映轉售溢價偏高。 21日,美國百達翡麗授權經銷商減價約8%,屆時其VR可能會進一步上升,但預計其他地區的百達翡麗將加價,可能互有抵銷。

摩根士丹利潛在回報最佳腕錶排行榜

 


 

 

勞力士中古認證錶定價能力日增

大摩認為,勞力士二手市場的平均價格愈來愈受其授權代理商銷售的中古認證錶(CPO)影響。

摩根士丹利報告稱,勞力士CPO的銷售額在2025年總計達5.3億美元,僅第四季就創造逾1.7億美元,較2024全年之3.19億美元銷售額增長逾60%

報導援引EveryWatch估計,官方RCPO銷售額目前佔勞力士二手錶整體市場價值的10%以上。

 

結論

根據這個文章,我有嘅結論就係買來買去都係幾多嗰幾隻錶, 百達翡麗Aquanaut, Cubitus, Nautilus, Rolex Daytona,   GMT, Oyster Perpetual 同埋AP Royal Oak, 其他錶唔使買啦!! LOL

另外覺得真有啲令人傷感嘅A Lange1 嘅錶跌43% Black Bay40%, Audemars Piguet技全力催谷嘅CODE 36%, 百達翡麗嘅食骨 Calatrava35%, 昨年嘅IWC巨著新嘅Ingineur26%呢個真係慘; 隻錶真係好靚呀! 簡單講呢篇文章俾啲行家睇就啱啦,或者俾啲炒家睇啱呀, 純粹俾大多數玩錶嚟講我覺得未夠全面, 其實仲係好多好多錶好嘅, FP Journe, MB&F, Vintage Cartier Tank, Crash, Prasha,  Richard Mille 不過呢個仲係個人喜好啦! 

Paul

Ref  hket news

Tuesday, January 27, 2026

CD與卡式磁帶的比較,就像是石英錶與機械錶之間的對照









我記得幾年前,曾在另一個社群中分享過「趁CD還能讀取時,趕快把內容翻錄到卡式磁帶備份」這件事,結果引來了一些質疑的留言,例如:「為什麼不直接用電腦做數位備份就好?」、「為什麼要用音質比較『差』的媒體來聽音樂呢?」

 


那時候我也一時語塞。確實,若單從訊號雜音比(S/N ratio)來看,即使使用金屬帶搭配Dolby Sdbx降噪技術,卡帶最多也只能達到68–72分貝,根本沒辦法跟CD90分貝相比。但這種「數據上的比較」讓我想起1990年代那段熱愛音響的時光,當時我跟一些發燒友常常爭論CD與卡帶之間的音質差異。

 

 

 

至於人耳是否真的聽得出差別,或者哪種無損格式聽起來更好——這就見仁見智了。堅持數位格式的死硬派會說CD有更大動態、背景更安靜、保留更多音樂資訊等等;而我這種偏愛類比的人則始終認為,卡帶的音樂聽起來更自然、更有立體感,音色邊緣更圓潤平滑,也更溫暖、柔和,適合長時間聆聽。直到現在,我並未完全放棄CD,只是已經不太有興趣再購買新專輯了。

 

 

 

人們常形容類比聲音溫暖又富情感,而數位聲音則顯得平面甚至冷冰冰——這樣的形容不勝枚舉。我特別喜歡曾在某篇文章中看到的一個比喻:「數位格式就像石英錶,一眼就能讀出極其精準的時間,秒針一格格跳動,精準度可達每月±3.3秒(如勞力士Oyster Perpetual Day-Date Ref. 19019/19018),精工Spring Drive甚至宣稱一年只誤差±15秒!而另一方面,類比卡帶格式就像機械錶——每天可能誤差+6/-2秒(COSC標準),但你凝視著秒針一格格走動,彷彿能感受到時間的流動,甚至聽得見音簧齒輪運作的節奏,好像它有生命一般……那是種溫暖。」

 

 

 

我想,卡式磁帶也是如此吧:「兩個帶輪在左右卷軸上以不同速度緩緩旋轉。將我們捲入回憶之中——有時哀傷、快樂,有時懷舊,有時又美好得令人沉醉無法自拔。」聽著《Summer of ’42》就像初戀情人靠在你肩上,她的頭像小鳥般依偎著你……那樣的愉悅、安心與享受,讓我們想藉著音樂與她,一起停留在那片刻的美好時光!

 Remarks on pictures

Nakamichi Cassette Deck and Rolex Oyster Quartz Day Date and Day Just 

 

Thursday, January 22, 2026

World Luxury Watch market decline 2025-2035, what should I do?

 

 

The watch market is experiencing a significant shift, moving from a post-pandemic boom t2022 o a period of correction and restructuring 2024, with declines seen in 2024 and early 2025, especially in the mass-luxury and Asian markets, while high-end brands show resilience. Predictions for 2025-2035 suggest continued challenges, with analysts expecting stabilization in the mid-term and potential long-term growth driven by emerging markets and evolving consumer tastes, but a "decade-long slump" is possible for the broader market, marked by changing consumer behavior and economic pressures. 

 

 

Key Trends & Factors (2025-2035):

  • Market Correction: The inflated prices and frenzy of the pandemic era have cooled, leading to price stabilization or gradual declines in the secondary market for many brands.
  • Economic Headwinds: Geopolitical issues, currency fluctuations (strong Swiss Franc), inflation, and weaker demand in key markets like China and Japan are impacting sales.
  • Divergence by Segment:
    • Mass-Luxury (CHF 500-3,000): Hit hardest by declining sales and value.
    • High-End/Ultra-Luxury: Brands like Rolex, Patek Philippe, and Audemars Piguet show greater resilience and even price increases, attracting new collectors.
    • FP Journe instead facing huge demand from collectors, simple watch like Elegante has to wait for 2-3 years!
    •  
  • Shifting Consumer Behavior: Consumers are more discerning, with interest in "quiet luxury," new designs (like colorful dials), and brand history.
  • New Indies grow with their bolder and unique design captures a segment of some luxury market. Mainly due to their entry level price.
  • Growth in Emerging Markets: Strong growth is expected in places like India, potentially offsetting declines elsewhere.
  • Technology vs. Tradition: A mix of smart features and traditional craftsmanship continues to drive innovation and appeal. 
  •  

Outlook (2025-2035):

  • Short-Term (2025-2026): Continued restructuring, with uncertainty and pressure on some segments, but signs of stabilization in the secondary market.
  • Mid-to-Long Term (2027-2035): The market is expected to rebalance, with potential for overall growth (CAGR ~3.93% for Swiss watches) driven by new consumer bases and strategic adaptation, though the boom of the early 2020s is unlikely to return soon.  

In essence, the watch market isn't ending, but rather maturing and diversifying, with winners and losers depending on brand strength, market positioning, and ability to adapt to new economic realities and consumer demands. 


Many brands are doing reconstruction on their organization, launching new design, closing some of their outlets, However still these watches are still hard to get at MSRP: Nautilus, Aquanaut, Royal Oak, GMT Master II, Daytona and Submariners.

 

As of myself, I still focus on some of the rare neo-vintage watch collection such as Cartier Santos, Royal Oak of 37mm, Vacheron Constantin Overseas Generation 1 Ref 42042 Black and or Salmon, Rolex Coke and some of the Day Date with stone dial Ref 1803, Besides, some of the solid gold dress watch with integrated bracelet is a great item to buy if price is affordable.

Paul Ip

將手錶戴在右手上!


 人們通常習慣將手錶戴在右手上,這背後其實有許多原因,涵蓋了舒適性、心理學、文化因素以及個人風格的表達。首先,對於左撇子或雙手靈活的人來說,把手錶戴在右手可能更為自然舒適,因為這樣不會妨礙日常動作與操作。從心理層面來看,這樣的選擇也可以是一種展現自我獨特性的方式——相較於大多數右撇子將手錶配戴在左手,選擇右手便成了低調地表達「我和別人不一樣」的方式。

 

此外,這也代表著一種打破傳統的舉動,象徵著自主與不盲從主流的態度。根據某些心理學理論,主導手(慣用手)承擔較多任務,因此將手錶配戴在非主導手上,能減少干擾、幫助專注,甚至與能量流動的概念有關。文化和地域因素也會影響這個習慣——不同地區的人對於配戴手錶的手腕可能有不同的偏好或象徵意義。

 

實用性也是考量之一:右手常是進行日常活動的主要手,將手錶戴在右手可避免頻繁碰撞或損壞,特別是在工作或使用工具時更具安全性與耐久性。最後,對某些人而言,這更是一種穿搭建構上的宣言,甚至是溫和的叛逆表現——以一種不張揚的方式,對抗既定規範,展現自我風格。

Paul 

Taiwanese actress Janet Lee found her husband gift is a fake Rolex after 18 years!

                                                                     Janet Lee with her husband Alan

Taiwanese actress Janet Lee revealed her husband had given her a fake Rolex for 18 years, thinking it was real, illustrating how even wealthy individuals can be fooled or choose fakes, though this isn't about a Hong Kong celebrity.

In HK friend of mine knowing one of the top 10 richest real estate tycoon told my friend his Rolex was actually fake, asking why, the tycoon says yes and so what?

“When I wear Fake no one will say it is FAKE! LOL!”  Issue for me is when I wear an authentic Rolex some of my friends told me it is “Fake!”    

So does it matter real of fake?? Only can you pass your judgement point to accept that is a Fake Rolex or Patek on your wrist.. If you feel it is good for you then who can care?

 Note: Selling Fake Watch in HK is illegal! Using Fake Watch in HK is not supposed to be illegal but when you catch carrying more than a few pieces of fake watch at customs, that may be a big issue!

Back to the story of Janet Lee, this is what she posted on her Facebook:-

Janet took to her Facebook to share that her husband got her a green Rolex for her birthday about 18 years ago. 

Janet, however, said she didn't wear her Rolex much as it did not suit her style. 

One day, she took it out, only to realize that it had stopped working. She then brought it to a shop that specializes in repairing luxury watches. 

There, a shocked Janet was told that her Rolex was actually a counterfeit one, and that they would not help fix it. 

The staff at the shop also recognized Janet, which left her feeling extremely embarrassed. 

"My face looked green as the watch!," she recalled.

At that time, Janet went home to confront her husband for getting her a fake Rolex. Alan, who also got the same watch for himself, replied: "How could that be? Was I scammed?"

Alan said he bought the watches from a shop in Hong Kong. He later asked a Hong Kong friend to return the watches and get a refund."

Interesting part is that:

1. Who will refund you a watch bought 18 years ago and after that long time ago, you told the shop the two Rolexes were fake and he got a REFUND!

This is my thought

1, if the shop is a second hard shop, they might sell some fake to some new faces or tourists but after 18 years, who will accept that this is the actual watch he bought? 

2. If that is a fake watch there should not be any traceable Serial number on the watch and there should not having any proof that is the same watch he bought 18 years ago. A Fake watch usually does not come with warranty paper.

3. I can rule out that the two Rolex were not bought from any official Rolex AD or boutique.

I can say is that he was scammed even he was not aware and he told his wife  got refund just to make her feeling comfortable. I think he is not honest at all. 

There is still one possibility, as someone bought it known as fake to her wife! 

Anyway, I think the beauty should deserve an authentic Rolex.

HK Snob






Thursday, December 25, 2025

Vacheron Constantin Overseas Gen 1 42042


 


The first-generation Vacheron Constantin Overseas, launched in 1996, marked VC's modern sports-luxe era, evolving from the iconic 222 with designs by Dino Modolo and Vincent Kauffman, featuring robust 37mm (Ref. 42040/42042) and 35mm (Ref. 42050/42052) cases, integrated bracelets with Maltese Cross motifs, COSC-certified Caliber1310/1311 movements, and 150m water resistance, defining the collection until the second generation's arrival around 2004. 

Key Characteristics & History:

  • Inspiration: Directly evolved from the 1977 Vacheron Constantin 222, continuing the integrated bracelet sports watch trend alongside competitors like the Royal Oak and Nautilus .
  • Launch & Design: Introduced in 1996, the design featured a distinctive Maltese Cross bezel and bracelet links, housing an automatic movement.
  • Movement: Powered by the COSC-certified automatic Caliber 1310 (later upgraded to Caliber 1311) based on the Girard Perregaux 3100, with an 18k gold rotor and hacking seconds.
  • References & Sizes:
    • Ref. 42040/42042: The main 37mm model.
    • Ref. 42050: A smaller, mid-size 35mm version.
    • Ref 42052 Smaller 24mm quartz and rare left-handed versions also existed.
    • Ref. 42040 (37mm) and ref. 42050 (35mm) were the first to be produced. The reference number changed to ref. 42042 (37mm) and ref. 42052 (35mm) when the movement was upgraded from the caliber 1310  to the caliber 1311. Both case sizes share the same movement and we’ll look at this in detail later on.
    • The change in caliber denotes the reference. It is unknown when the movement upgrade took place however it is presumed to be early in the production making the 40 & 50 models few and far between. There are examples of transitional pieces that were constructed during the upgrade period making it rare but not impossible for a ref. 42040 to house cal. 1311
  • Production: The first generation ran from 1996 to approximately 2004.
  • Success: The Overseas was a significant commercial success, revitalizing VC's sports watch segment and establishing a foundation for future generations

Dial

Sigma’, ‘T Swiss Made T’ & ‘Swiss Made’

The first first batch of dials for the ref. 42040(2) and ref. 42050(2) were generally ‘Sigma’ stamped at the 6 o’clock marker featuring Tritium lume. Interestingly Patek and Vacheron were last to use ‘Sigma’ on their dials before moving to ‘T Swiss Made T’.

There is no clear date when ‘T Swiss Made T’ first appeared on the dial. It is a common misconception that all ref. 42040 are ‘Sigma’ signed and all ref. 42042 are ‘T Swiss Made T’ signed, this is not the case, the reference change was linked to the movement upgrade. ‘Sigma’ dials have been seen on ref. 42042 models up to early 2000’s with some of the later examples also featuring Luminova.

Finally the ‘Swiss Made’ dial featured at the very end of production with Luminova permanently replacing Tritium. These dials have also been found on service replacements.

Movement

Cal 1310

For the ref. 42040 and ref. 42050 Vacheron Constantin took the Girard Perregaux cal 3100 based ebauche, renamed as their own cal 1310 and COSC certified. The cal 1310 features a gold rotor weight, and 27 jewels. It’s automatic, has a quick-set date function, hacking seconds and a 46 hours power reserve. Total height of the ultra thin movement was around 3mm.

Introduction of the Cal 1311

The strengthened cal 1311 was Vacheron Constantin’s revision of the cal 1310. This is believed to have taken place not long after production of the 1st generation Overseas' began. This change increased the thickness of the movement by 0.3 mm however no change was made to either case for ref. 42042 or ref. 42052. The modification is thought to be made due to flex in the main plate so reinforcement was added.

Case Back

Signature feature of the Overseas collection, a solid case-back adorned with a depiction of the famous Amerigo Vespucci three-masted ship. Seen as a symbol of the world’s greatest sailors travels and an open invitation to travel the seven seas in-fitting with the brand story for the Overseas collection.

 

Collection Item

1.      Early pieces is best

2.      Pink Gold 42042 told was made 5 pieces

3.      Left hand crown told was made three pieces were made

4.      Salmon Dial is rare

5.      White dial with creamy patina Guilloche is adorable

6.      Blue is next choice

7.      Collect them all is what a real collector should consider

 

Comment

I love the engraving on the case back, as a sport watch should not having see -through bottom, that is totally wrong concept as that is not a dress watch for showing the polishing works.

The cost should be taken in account when producing this 42042 with a Engraved bottom plate. None of the Holy Trinity will do it nowadays unless they make a bespoke version for you.

Vacheron Constantin in Hong Kong is being a well underrated brand as mots people goes Patek or Audemars Piguet. Well, I think VC is the oldest Swiss watch maker and had years of producing beautiful watches, amongst them I like Vacheron Constantin and happy to see their price is now as high as other two brands.

Last, always take 42042 as first choice.

What piece do you like most ?

 

Paul Ip


Friday, December 19, 2025

Future investment watches suggested on new rising watch makers

Key Factors in Publicity

Publicity for indie makers is driven by:

  • Scarcity and Exclusivity: Limited production runs often create high demand and media hype.
  • Auctions: Record-breaking auction results for rare pieces ensure news coverage.
  • Design Innovation: Unique aesthetics, unusual complications, or creative marketing generate significant social media engagement.  

A definitive global rank of independent watchmakers by "name publicity" is difficult to establish as publicity is subjective and constantly changing; however, several brands consistently appear in industry discussions, articles, and social media due to their unique designs, high-end craftsmanship, and market performance. 

Well-known independent watchmakers and brands in terms of publicity often include:

Consistently Publicized High-End Independents 

These brands are frequently mentioned in luxury watch publications and at auctions, largely because they produce exceptionally rare and expensive timepieces: 

  • Patek Philippe and Audemars Piguet (AP): While often considered major luxury brands, they are technically independent and have some of the highest global recognition and auction results in the watch world.
  • Philippe Dufour: Renowned for his extremely limited production and artisanal approach, his watches command record-breaking prices at auction, generating significant press coverage.
  • F.P. Journe (François-Paul Journe): Highly regarded in collector circles for technical mastery and elegant design, with strong auction performance and a dedicated following.
  • H. Moser & Cie: Known for their creative leadership, distinctive designs (like the "fumé" dials), and occasional playful, attention-grabbing marketing stunts, which generate consistent social media and industry buzz.
  • Laurent Ferrier: Praised for refined, classical aesthetics and superb finishing, often featured in "best of" lists for traditional elegance.
  • Greubel Forsey: Known for highly complex, innovative tourbillons and unique design language, frequently covered for their technical achievements and artistic flair. 

Rising and Social Media Prominent Independents

These brands have generated significant recent publicity through collaborations, awards, and strong social media engagement:

  • Furlan Marri: This brand experienced a massive percentage gain in social media followers in recent years, partly due to successful collaborations and accessible price points for well-designed pieces, leading to high online visibility.

  • Laurent Ferrier The brand specializes in neo-classical, minimalist timepieces featuring in-house movements
  • Urwerk: Noted for avant-garde, futuristic designs and unique ways of displaying time (using satellites and wandering hours), which always attract media attention.

  • NOMOS Glashütte: Known for a minimalist, Bauhaus-inspired design and in-house movements at a relatively accessible luxury price point, making them popular in general watch media. 

For a visual overview of these watches, you can perform an image search for some of the top brands mentioned, such as H. Moser & Cie or Furlan Marri. 

In view of the concept buy low and sell high strategy, we should not focus on those big names now unless you have  a deep pocket, well, I am now switch to some of the smaller and easy to afford watch, now I am looking at Furlan Marri, Christopher Wand and Nomos. What is your thought!?


Christopher Ward was founded in 2004 by Mike France, Christopher Ward, and Peter Ellis during a brainstorming session on a boat on the River Thames. The company launched with a direct-to-consumer model aimed at reducing traditional retail margins and offering Swiss-made watches at more accessible prices. Christopher Ward released its first watch in 2005. By December of that year, the brand was receiving more mentions than Rolex on TimeZone, a major online watch forum.

 


NOMOS Glashütte is a German watchmaking company based in Glashuutte , Saxony, specializing in artisan manual-winding and automatic mechanical watches. It was founded by Roland Schwertner in January 1990, two months after the fall of the Berlin Wall.

  • Tangente: The flagship model featuring a 1930s-inspired, Bauhaus design with slender hands and typography.

 Furlan Marri  

Together with the world’s greatest watch collector Auro Montanari, Furlan Marri launches their first ever Swiss-made mechanical flyback chronographs in a series of three ravishing timepieces, including a special edition for Revolution, priced at CHF 2,750 excluding taxes. If we have a lower budget.


·       LAURENT FERRIER GENEVE 41mm 18K ROSE GOLD MANUAL-WINDING watch

Laurent Ferrier

Founded in 200 9 and debuting in 2010, Laurent Ferrier is an independent Geneva-based watch brand created by the titular master watchmaker, a former 37-year Patek Philippe veteran and 1979 Le Mans racing podium finisher. The brand specializes in neo-classical, minimalist timepieces featuring in-house movements, notably the Galet Classic Tournillon.

Signature Elements

  • Design: Inspired by 19th-century pocket watches, focusing on pure, elegant lines.
  • Movements: Known for the Micro-Roter with double Direct Impulse Escapement.
  • Partnership: Works closely with his son, Christian Ferrier, on movement development. 

This Square Micro-Rotor has a blue dial featuring a vertical satin-brushed finish that is a favourite with LAURENT FERRIER and creates a velvety sheen that is particularly pleasing to the eye. This variation features 11 white gold drop‑shaped hour-markers. The flowing lines designed by LAURENT FERRIER have been maintained and are housed within a cushion-shaped case that reprises every subtle detail of the previous models, 70,000 CHF available at King Fook. In case we have a bigger budget.

This is my personal choice and I think it would be good if you can share your idea, 

HK Snob