in 1970, a man's Rolex Stainless steel Date Just was about HKD$900.00, a Rolex Two Tone Date Just was about HKD$1,600.00. A Yellow Gold Rolex Day Date with leather strap was probably selling HKD$2,800.00. Well a small flat of say 600 square feet was about HKD$9,000.00 at that time...
So 3 Rolex Can buy one flat at that time... Now !! as of today a reasonable middle range flat of 600 square feet is about HKD$2,500,000.00, A Rolex Gold leather strap Day Date is approximately selling at HKD$90,000.00... That means now we can use 27 Rolex to buy a house! I Think there is a risk for real Estate Sales go bubbles in 2013. Well, the Rolex will never go bubbles in Sales.. Never... may be we can use use 10 Rolex to buy a house in 2013... I am collecting Rolex...just simple as this... I may use my Rolex to Change a Flat with you!? Will you!?
Back to this beginning of this message... This is the Cheapest Rolex... well guess how much!?? Only $3,500.00!! Look at the Rare Roman Number indicators, there is no any traces of oxidation on the dial, no major scratches on the case! Why I should hesitate to pay!?
HK Snob