Rolex Submariner Two Pieces on Sales to Rolex Fans

There is a Collector willing to let go his Two Rolex Submariners.

Ref 116610LV Submariner Stainless steel with green bezel and Green Dial.
Completed with Box and Waranty, HK goods No.888 bought from Chow Tai Fook.
First owner Slightly used in excellent condition asking for HKD$65,000 cash
New watch list price HKD$66,100 no discount in Rolex AD, and There is less than 2 pieces a month at Rolex AD Shop. A Rare item for you and me.

Ref 116610LN Submariner stainless steel Black Dial.
Completed with everything box and warranty, brand new, never been used. HK goods bought from King Fook on 20 May 2013.
New Watch List price is HKD$62,100 Now HKD$54,000. that is less 13%!

FCFS

HK Snob

Ref 116610LV sold on 11 June
Ref 116610LN sold on 19 June

Rolex Date-Just and Day-Date of All kinds of my Favourite Dials

This is some of the Captured Rolex examples of various Dial Made in 1978-1985. From Friends in US, Singapore, HK, Holland and from Internet

The Ref 16018 Date Just Green Malachite Dial Selling at HKD$96,000  (Singapore)
Remarks, Dial has a tiny hairline crack!

The Ref 16018 Date Just Tiger Eye dial selling HKD$85,000  (Internet)

The Ref 16018 Date Just Onyx Dial Selling HKD$46,000  (Paul, Hong Kong)

The Ref 18238 Day Date Crossulaire dial asking for HKD$160,000 (Singapore)

The Ref 18238 Day Date Malachite Dial asking for HKD$180,000 (Singapore)

The Ref 18238 Day Date Lapis Lazuli Dial POA.  (Holland)
Estimated HKD$220,000
Which one do you like!?
I like Day Date Lapis Lazuli most, then Tiger Eye, malachite and Onyx

Legend

Onyx
Onyx is a banded variety of chalcedony. The colors of its bands range from white to almost every color (save some shades, such as purple or blue). Commonly, specimens of onyx contain bands of black and/or white.

Tiger Eye

Tiger's eye (also called Tigers eye or Tiger eye) is a chatoyant gemstone that is usually a metamorphic rock that is a golden to red-brown color, with a silky luster. Resembles eye of a tiger!

Malachite green is an organic compound that is used as a dyestuff and has emerged as a controversial agent in aquaculture. Malachite green is traditionally used as a dye for materials such as silk, leather, and paper. Although called malachite green, the compound is not related to the mineral malachite — the name just comes from the similarity of color. The Rolex malachite dial is made by mineral malachite.

HK Snob

Cartier Pasha Cloisonne Enamel Dial Limited edition of 10 Pcs

A Rare and Prominently Beautiful Cartier Pasha of Limited edition 18K Solid Gold Automatic Wristwatch with sweep centre seconds and Cloisonne Enamel Dial.

Signed No. 05/10

HK Snob

Rolex Ref 118209 Havana Dial Rolex Day Date

Rolex Ref 118209 Havana Dial Day Date, the low profile gentleman of Day Date.


This Model is no longer been produced, set-up with oyster Strap which is usually designed for

Sport watch with all stainless steel.

But this Ref 118290 is all with all White Gold.

So I think this is the Gentleman of all Day Dates.

HK Snob

Rolex Day Date is getting more and more popular now

Ref 18038 Yellow Gold, Ref 18039 and Ref 1803 on the Right

Rolex’s Flag Ship Modell Day Date price is getting Higher and Higher…

Why!?

1.  As there are a Lot of colourful Dials, 

2. There are so much fun for collecting Rolex Day Date for his past 50 years of productions

There are so many luxurious dial had been made Black, Champagne gold, White, Blue, Purple, Red, yellow orange, green, Lapis Lazuli, grey…etc

3. It is Only made in Gold, that no common Fake is available in the market.

4. There is a new introductory in BeselWorld of Day Date for the young people’s market, it come with various fantastic colour, the entry price is lower. More people could Afford to buy one.

My target of collection will focus on Ref 1803 White and Yellow gold and Ref 18038 and 18039. White gold is scarce. White Gold with Diamond dial even less. I like The OysterQuartz Day Date too, but it is even harder to find as I believe Have produced about 1,5oo White Gold Oysterquartz and 5,500 Yellow gold Dad Date since 1977 to 2003!

Set a new target to collect would be fun! And Most of All, Solid Gold Rolex Day Date can be treated as Money! I value will hardly be depreciated over the years.

With HKD$35,000 can you buy a Solid 18KT Gold watch with Day and Date display? With an automatic movement in the new or pre-owned market.

With the new emerging potential young collector from China, I am sure the price will would shoot up faster than I could expect.

HK Snob

Paul's Rolex Collection Gathering

Every Saturday Afternoon, we used to have a wonderful fun chat, drinks and BS on all Kinds of Watch Talks! And we of course cannot skip the session of Watch Display.

Today, at Chui Wah Eatery, We had a bunch of 5 Rolexes, one PP Moonphase and One AP Royal Oak 1972.…

I sold my Ref 18038 Yellow Gold Purple dial with diamonds to one of new known Friend.

See you all next week!
PS, The one dressed in Zebra-Skin in disguise is HK Snob

If you like to join our Every Saturday's Rolex Watch Gathering at Chui Wah Eatery, pls let me know... Membership fee is a Cup of Coffee for us.

HK Snob

Advertisemnet of an Important watch

This is the new Rolex ad after AC360 on every morning's CNN.

The four consective front pages on "TIME"

This Watch is a Witness.

To words that moved nations

It’s dared men faster, further.

Worn by luminaries, visionaries, champions.

It doesn’t just tell time, it tells History

HK Snob

How Should We Invest On This Italian Legendary Panerai Watch?

Following the article of Panerai posted Yesterday, a few guys asked me to make a translation on that. Due to my poor and limited use of Englihs, I did try to make some short highlight in English. I hope the original Writer will not mad with me if I can not make a true picture of what he wants to say to all of you.

The Legends of Panerai
A turning point for Panerai, in a 200 Watch show at Beijing, Allain Chung was the one to start promote this “Big Cake Watch” in his magazine...

Richemont MD Johann Repert bought the entire Panerai company with 1 million dollar for this Italian manufacture and its history of making military watch for the Italy since 1960 to 2000.

Since then the company strategy is to lunch limited edition for his Watch

Panerai has its style, Bold, big and unique following the old Italian Diver watch design concepts and initial response was proven to be successful.


First legend
1. 1997 Special 021 Platinum Case with Rolex Movement. Limited to 60 pcs. List price $200,000, after a couple of years it reach $1,000,000

2. 2005 203, Angelus 8 days steel watch. Limited 150, list price $140,000. But it is about $800,000

3. 2011, 339 using composite material 8 days power reserve, limited to 1,500. List price is below $110,000, Sothebys’ Autumn auction price went up to $325,000

4. The Copper Watch 2011 382, limited 100 pcs, listed price $80,000

2011 Sotheby’s Spring Lot2212 reached a final bid price of $212,500

5. 2011 steel chronograph 52mm 300 with limited production of 99 pieces.

Listed at price of $270,000. 2012 Sotheby’s autumn made a hammer price of $437,500

Second legend
Just by the sales amount of 60 pcs of 021, the investment of buying this Panerai company as return.

Last legend
This article Author Cheung was trying to create the last bid at the Sotheby’s auction at Convention centre on 8 Oct 2012. All in sudden, he received the calls about news of the Master Allain Chung’s mortality. He put down his hand and left. Or he had helped to create the new Auction record for Panerai.

We under why Patek Philippe watch can gain market value when it is just leaving factory, because of his 100 years of magic in building horologe with impeccable quality and innovations. But for a ten years history for a watch that no one could be aware, this is a legend too.

The Panerai’s shtick is Limited Edition and they Broke the rule of Game!
This is a good market policy for those watches that has not come with a hundred years of history and recognition…
The Panerai big Four: 2002 127 1950 pcs, 2005 217 1000 pcs, 2006 232 1938 pcs,
2006 249 1936 pcs.

In Short, the control of the number of watch is important. What if the watch was sold out in the year they are produced? Panerai then Issued the 2nd Round of Limited Edition!!

Whereby the add OOR” after the S/N. OOR stands for “Out of Range”

Beside big four, at least there were 16 models had used this shtick to gain market revenue!

OOR was in fact interpreted as “Out of Regulation” by the Author.

Later, it would be a bit hiccups to add OOR, they just simple enlarge the production unit, like huge 60mm Egyptian Military watch 341, was announced to have max. 250 pcs, when order came in like swam of flies! they simple added production unit to 500! That caused the slash of price when goods was still on sales!

Composite material 382 was initiated to produce 500 units, finally topped up to 1,000!

Copper 382, was started with 500, then 750, then 1,000!


The Moribund legend
The issue of steel version after the Platinum or gold version was released… this is killing people who has bought the Platinum…

Well, 2011 Prototype dial 373 Platinum of 199 pcs with list price $300,000 without any discount. Worse is when they were selling that watch, they release the steel 425 which is just $40,000.

To a watch maker, the mark up 6 times of Platinum to a steel version is too high. The Platinum 373 can stay forever in the safe box for their depreciation. Those Platinum and gold watch is usually bought by all VIPs, is that the way to kill their VIP!?

After all, those are the mis-practice a watch maker should have!?


Buying Hints for Panerai
And After all, the author being a renowned collector, had some advised to us.

1. Do not consider precious metal except 021 because the movement is Rolex.

Precious metals are poison. Stainless steel is the only material for military watch.

2. Only buy 47mm as that is the original size of Military watch, all the essential important watch are made under this size.

3. Except 44 mm 195 and 52 mm 300, he cannot tell any single model that can last for one year other than 47 mm.

Forget the Panerai House Movement, Panerai is good at Packaging the watch instead of making his own movement, those well-known one are all packed with Angelus, ETA, and Rolex. After 2005, look for Minerva movement.

4. Note the material used on the Watch like, 339 and 382.

New material of good quality and lower cost might be a target of Panerai collector, but those material turn-around time for R & D and Production is long. We will not get any benefit from them at all!

5. Don't trust the Number of production units.

These are the hints for Lovers of Panerai to consider when they Buy Panerai as a Collection item.

Note of HK Snob
Since watch maker and designer are moving into thinner and simpler watch design for most of the top brands in Switzerland. We might not see a sudden decline of the demand for big Diver’ watch, and as a matter of fact, no one would like to.

To a watch collector, the success of watch is not just a function of the demand of some of the Collectors, dealer and speculators regardless of the engineering effort on the movement. It would be widely back up with watch connoisseurs, Horologes lovers, watch Historians and collector of watch with passions on the whole history of the watch, and having that kind of quality, reliability, functionality of such a watch to exceed the watch Owners expectation.

HK Snob

An Astonishing story about marketing strategy of Panerai

In explicit uncovering description on the mal-practice and astonishing unfair treat to VIP, fans and watch lovers of Panerai.

What a daring story we should take note. 

This is a cut out from TRENDSTIME magazine May 2013. 

Worth a thought when you plan to buy the watch.

HK Snob 

President Marcos' 58th Birthday Watch

                                                  11 September 1975  Thursday

Ferdinand Emmanuel Edralin Marcos, Sr. (September 11, 1917 – September 28, 1989) was President of the Philippines from 1965 to 1986.

To what I know Marcos time, While in power he implemented wide-ranging programs of infrastructure development and economic reform.

Presiden Marcos has celebrated his 58th birthdays with an appeal for more food production.Macros flew by helicopter to Barrio Pandi joined farmers harvesting rice, took breakfast in a hut with the peasant’s family and held a cabinet meeting under the shade of a mango tree.

1975 is a special year for the first family the First Lady was the guest speaker in the U.N. in New York for women's right before heading back to Manila for the president’s 58th birthday.
The model number is 3528/3.

To watch Collector like I, it is key interested to know what essential watch he likes… Marcos was ahead of time wearing White Gold as one of his preferred colour on watch.
Note that the watch Marcos worn on the top picture is another one, we are trying to find out what watch was that.
HK Snob

PS
Information was proivider by the Watch collector who is a Philippino statying in USA now.

Rolex Ref 18038 Day Date Yellow Gold with Oak Dial

This is another Collector's item one of the collector showed us duing Watcher Hi Tea on Saturday.

Rolex Ref 18038 with special Oak Dial, not been polished, and he had changed with Chinese Day Dial in HK RVC.

HK Snob

The BesselWorld 2013 Rolex Retro Day Date Comes into effect

With the new BeselWorld 2013 preview of Rolex Day Date with a young look with leather strap design will capture more younger buyers who are a bit itching going for Rolex Gold Watch after his drawer has bee full of the steel tool watch!


Well, look at recent More magazine ad that Lane Crawford cannot wait to sell some of the most lovely colour Day Just and Day Date Ref 1803… Buy price is astonishingly un-friendly!



Black Date Just with ten Shinning Sugar cubes- HKD$97,000

Blue Date Just without diamond HKD$104,000

Green Date Just without Diamond HKD$104,000

Note the Stella Red Ref 1803 , price is HKD$314,000

HK Snob

The Early Rolex Promotion slip and Rolex AD in Hong Kong

This is an actual Rolex Slip for Rolex promotion in the 60s’ friend of mine gave us yesterday.

In the list you can see there were not too many Rolex Authorized dealers at that time, now we have over 100 shops under Rolex AD in HK.

Note the slogan " Men who guide the destines of the world wear Rolex Watches!"

HK and China itself consumes over 60% of Watches export from Rolex and HK is still the most important market of Rolex. With the new Xi Administration of China who cut extravagant spending on entertainment and at same time slow down of China GDP has an impact to the Rolex Watches market in HK. Nevertheless, the Watch Business is still a billion dollar business in HK.

These are the old Rolex shop but now they either closed or no longer selling Rolex.

- LAM YUEN FONG WATCH COMPANY AND LAND DEVELOPMENT LIMITED

林源豐錶行地產發展有限公司Established 8 Aug 1973, and dissolved 30 June 1995.

- Precision Watch Company

Level 2 , Harvey Nichols ,Pacific Place , 88 Queensway,  HK


- China Emporium Queen’s Road

大華國貨, I think the shop has been close in early 90s that is where the Oriental Watch company now .

- Budson Watch and jewelry Company 弼臣鐘表珠寶有限公司

Established on 1962 Dec 6 and close in 1998 after running for 36 years!


These are the list of HK Rolex AD outlets, Correct me if I am wrong!

Artland
Chow Sang Sang
Chow Tai Fook
Dickson
Eldorado
Emperor
Europe
Fung Leung Kee
King Fook
La Suisse Watch
Oriental
Precision
Right Watch
Solomon
Tai Hing
Times City
Times Watch
Wah Hing
Zurich

*************
HK Snob

A Lange and Sohne Datograph

 

 

Even though you don't know much about watches, once you have seen this watch, I believe you will appreciate how beautiful the mechanical assembly, polishing, and evenly arranged layout of the parts on the watch. Yes, Datograph, from A lange & Sohne.

Each piece of the components has been finely polished to the highest standard to a mirror surface, meticulously care has been exercised on each of the chamfer, whereas where two chamfers meets, is still able to maintain a vertical straight line. What can you say!?


Is German watch manufacturing another step higher than the Swiss!? No in par!?

It is a Platinum watch that weighs like one Ton on my hand! Partly it is heavily expensive!

Man, Should I sell one of my kidneys for this watch?

The watch belongs to one of the low profile watch collectors in HK! He has also a case of Rolex Day Date of various fancy colour!

HK Snob

Rolex Ref 116710LN GMT Master II bought by Selim in HK

This is a new purchased GMT master II at special discount yesterday by a friend Selim who came from Germany, and has just carried this watch going on board the late flight back to Germany...
Wish he loved this watch as much as I love mine!
HK Snob