Is this One of the best Investment Items since 1980 to 2015?

Year	MSRP
2/1/1981	3725
9/1/1998	33360
1/1/2000	38800
1/1/2001	39520
7/1/2003	45720
10/1/2004	49360
8/6/2006	49500
1/12/2007	54500
1/29/2007	61300
10/2/2007	58800
12/14/2007	63300
3/10/2008	67700
7/15/2008	69800
2/3/2009	73300
9/29/2010	75500
1/11/2011	79900
4/18/2011	83200
7/4/2011	87500
8/18/2014	90000

Refer to the above table that states the Rolex AD MSRP price of Daytona Ref 16520

I ploted a chart to tell how does it run over these years... as below

What is the best investment for the past 35 years in HK!??

A house like Mei Fu Shun Chuen, that was about $30,000 in 1968 and about $250,000 in 1980 and now is $9,880,000 per unit.

1980 to 20156 appreciatioon factor is about 40 times.

Whereas if you bought that Rolex Daytona Steel Ref15620 in 1980, your cost was HK$3,725.

If you don't use it, keep all Full Set until now, Minimum you can sell as good as HK$98,000 (selling price of Such new Ref 116520 Daytona in Rolex AD) your minimum profit gain is $94,275.

Appreciation factor is 98000/3725=26.3 times.

But who know if you put it in Auction, since it is still mint condition, you may go for an Auction of $200,000 (my rough estimation), that is a higher gain factor (53) than Mei Foo Sun Chuen !!

HK Snob

What is the best Model that could surpass all other Rolexes in 15 years as an investment item?

  A Rolex catalogue and Price Book Dated 1 July 1999

What is the best Rolex that could surpass all others in 15 years?

I have found a Rolex HK Price Book dated 1 July 1999, while I compare the major model with the current price book as of Today, I found that GMT Master II seems to be the most promising watch if you are taking it as an investment.

Here is the data:-

From left to Right are….

Item, 1999 Rolex Model , Description, 1999 MRSP --- 2015 Rolex Model, 2015 MSRP , appreciation factor.

1.       M14000, Air King $14,900   --- M116000. $40,000, 2.68X

2.       M14060, Submariner Steel no date $18,450 --- M114060 $58,000, 3.14X

3.       M16233 Date Just TT, $45,050 --- M116233, $ 78,500, 1.74X

4.       M16518 Daytona 18KY YG, $102,070  --- M116518, $183,600, 1.8X

5.       M16523 Daytona 18KT TT, $57,170 --- M116523, $124,100, 2.17X

6.       M16570, Explorer II steel, #22,030 ---M216570, $60,500, 2.75X

7.       M16613 Submariner 18KT TT, $39,300 --- M116613LN $94,700, 2.4X

8.       M16628 Yacht master 1k KT YG, $132,370 --- M116688, $301,900, 2.28X

9.       M16700 GMT Master Steel, $22,030 --- M116710LN $63,200, 2.9X

10.   M16713 GMT Master TT $38,000 ---M116713LN, $91,500, 2.49X

11.   M18238 Day Date 18KY YG, $111,310 ---M118238, $209,300, 1.88X

12.   M18239 Day Date 18KY WG, $119,020 ---M118239, S64,500, 2.22X

Descending order in price Appreciation over the last 16 years:-

No.1  Submariner M114060 --- 3.14X

No. 2 GMT Master II M116710LN --- 2.9X

No. 3 Daytona Steel M16570, $60,500, 2.75X

The price of Ref 116520 Black in 1999 was $33,600 Then the appreciation factor is 90,000/33,600 = 2.68X which becomes the No. 4 in the list.

So if you want to buy Rolex, what you should consider!?

I think I will take GMT Master II Ref 116710BLNR, Submariner Hulk Ref 116610LV and  Deep Sea D Blue Ref 116660, Daytona steel black or white!

Are these the Three Musketeers and that would bring you additional financial support when you retired!?

Let's wait another 15 years to tell!!

HK Snob

Rolex GMT Master II Ref 116710LN Black Green Pointer on Sale

Brand New in Box Full Set Rolex GMT Master II Ref 116710LN green Pointer black dial.

Asking $51,000 for one dated Mar. 2013

Asking $54,000 for one dated Dec. 2014.

Besides, we have GMT Master II Blue Black $65,000
Daytona Black Ref 116520 $93,500

DeepSea D-Blue Ref 116660 with special Rolex D-Blue Booklet $93,000

All cash deal, some of them required deposit such as Daytona and Deepsea
Price Validity till 18 March 2015

HK Snob

Robber Guned down a Sale assistant in a Tsim Sha Tsui Watch shop for 9 pieces $5.5M Patek Philippe watches



A panicked armed robber gunned down 收藏家 shop assistant age 57 in a HK$5.5 million heist of nine Patek Phillipe watches at Tsim Sha Tsui.

These are the Watch model and Serial No., Please do not to take the advantage to buy it even at low price or sooner you will be caught if you go for proper services or Auction…!

Aftermath,

I am thinking that we might consider some precautions:-

1.    Not selling watch to one who wears N95 Mask, or ask him to come back again after he recovers from Avian Flu!

2.    Don't think that all Mandarin Chinese speaker must be Big Spenders. They may be "新省港旗兵"

3.    Be alert that someone is coming to buy more than one piece of Patek Philippe at one shot.  Buy one by one, ask his credit card first! That would immediate verify his real Identity!

4.    Any better way to prevent such thing happened again?

HK Snob

Watch Fever Watch Gathering 14 March 2015

Vintage 1956 Oyster Pepertual full set

Cartier Santos 100 in Pink

Grand Seiko 1970s in Grand Condition

Grand Seiko with Original buckle

 

Technomarine Chronograph in Ti with 7750 movement, near Mint with Warranty Card

The Cigar is Montblanc 149 in 925 Sterling Silver full set with box undate 1995

Dear HKWF friends,

Thanks for the sharing of the watches...

I love them all, just my financial situation does not permit me to take all, I took the Cigar, and I I have another 8.5K, I will take the Seiko, and if I had another 40 grands, I take the Rolex Oyster Pepertual Full Set 1956, and if....

See you all next week!

HK Snob

Apple Watch Edition in 18KT solid Gold

It is a time that more more people who can show off buying this watch, a watch of a Class that is a solid gold case of 30gf I estimated plus some 30 dollars electronics stuff, but selling USD$17,000

That is a watch of status signifier, for those who used to fly first class, for those who earns USD$800 a hour, for those who does not care its value depreciation after ten years, for those who is simply Rich.

It is not the watch for those who is a horologist, not a Watch Lover like I, as I will simply use the money to get a Breguet, or a Rolex Yacht Master II in Steel Ref 116680 who will serve many years without any Software Upgrade.

I am quite sure that there will be a China fake replica case who is really a real gold case to offer in the market at a lower cost, and there will be a lot of additonal Decor with Diamond in the After Market like those Rolex Date Just fitted with Local Made Diamond bezel.

Let's Watch Out!

HK Snob

Vintage 1956 Rolex Oyster Perpetual Full Set offer for serious collectors, You!

Collector's item has to have certain requirement for good value today and future.

1. Authenticity
2. Scarcity
3. Condition
4. Year of production
5. Brand, name

This is one I am going to say it meets the above requirement.

Full set, 13 links of the rivet oyster bracelet.
Original untouched dial. Patina cream colour dial aged naturally. .
Automatic movement.
If you want were borne in 1956 to 1957, well, consider as your birthyear gift.

POA.

HK Snob

Kansai Airport Rolex AD

I just reached the Rolex AD just right after immigration at Kansai Airport,
again i saw only three Daytona Two Tone plus one YM II TT pink gold!

No other Rolex hot model at all.

So as i can see, don't know if that is a standard practice to hide the hot model or reserved for VIP.

Three Rolex AD, Isetan, Daimaru and Airport AD, NO
Submariner, Explorer II, GMT Master II, steel Daytona.

My question is, "Where Are they?"
Tell me if you know.

HK Snob

Dealer's Offer of various Watches, AP, A LANGE, BREGUET, CARTIER...,

Various Luxury Watch Offer Direct from Dealer to the supporter of Watch Fever.
All watches are brand new full set.

Audemars Piguet
A Lange & Sohne
Breguet
Cartier
Hublot
IWC
Jaeger-LeCoultre
Longines
Omega
Paneri
Roger Dubuis
Vercheron Constantin

Price from HKD $20,500 up to 
HKD$1,926,000

Whatsapp me for more details

HK SNOB

Watch shopping in Shinsaibashiruji of Osaka大阪心齋橋筋錶之旅

Landmark of Shinsaibashiruji : Glico LED billboard

Rolex AD at 4th floor of Daimaru main shop, there were only 4 Rolex Sport watches :

Daytona TT Yellow gold X2,
Daytona Yellow gold with Diamond Dial X1,
Rolex Milgauss Green Glass X1
Price of Daytona TT no diamond is Yen 162,200 + Tax,
Price of Daytona TT wiht diamond dial is Yen 181,100 + Tax

They have about 250 Rolex, mostly is Date Just Model and a few Day Date.

In the Watch section, they have a lot of Grand Seiko, FM, VC, RG, PP, Hublot, Bvgalri and Cartier.

I saw a PP Calatrava yellow gold price with Yen 280,000 + tax. That is about HKD$184,800. In HK, the price is HKD$153,100, after 10% discount at AD, that is about HKD$138,000!

Time Zone, having both new and used watches:

AP, PP, IWC, Rolex, FM, VC, Hulblot, and many Panerai.



Giogia is another one along the mall, Hulblot and Rolex, new watches only.

There are two shops here selling Rolexes and Panerai, Omega etc, mostly are used watches.

Another Daikokuya, they have used watches Rolex, VC, PP, AP, RG, Longines and Omega.

Price is so so only

Brand Off, a famous line for selling used Watches Rolex, FM, Cartier and Omega, same as shops in HK.

Rolex, Cartier, VC, FM and Omega, mostly used watch, they speak Mandarin also.

Softbank is a high end watch shop, they have a lot of Hi end stuff, price wise is not as seen as Cheap at all.

There are at least two Daikokuya in the mall, mainly selling Rolex, and The used watch price of Rolex is almost the same as in HK, and Some are cheaper by 3% and some are quite expensive, as a Black Daytona Ref 116520 is about HKD$82,000 after conversion by today Exrate 0.06475.

This is a Barkery Shop the name is "Dalloyau" pronounces as " 大籮友 " in Cantonese!

Standing in front is my new wife

This is a Good restaurant that serve one of the best Wagyu , and the price is quite reasonable. Though I could not buy any Rolex, al least I could enjoy such a kind of good Japanese Beef.

Summary

I had been working in Japan in 1987-1989, and my last time went there was a few years ago! Well, I see Japan quite differently today as comparing with 25 years ago.

The people is not seen to be so Happy or Rich as It was 25 years ago. From the way they dress and they way they spend money. Of course, I judge from the luxary goods they are selling and many shops selling used Luxury goods: bag, jewellery, watches ...etc.

The Mall is old it is almost no change in the past 25 years.

There was only People speaking Japanese, now I went to a Yakiniku restaurant Today, 3 out of 4 staff can speak Mandarin!

In the mall, 35% of people is Chinese and many of the rest 65% seems to be also Chinese!

Watch price is no longer attractive at all since last price increase of 4 to 10% in January 2015. 


I think 95% of the Rolex hot models like Submariner Ref 116610LN, Ref 116610LV, Explorer II, GMT Master Ref 116610LN and Ref 116710BLNR, Deepsea, Daytona Steel and Sea Dweller were snapped off by the foreign Chinese or Hong Kongers...

I went to Kyoto Isetan, Osaka Daimaru, I cannot find even one peice of the above watch.

And I had not purchased any watches at all, as I obviously can get easier and cheaper in HK for those models I mention here.

But It is a good chance to see a lot of watches there and to understand the trend of the major brands in the Japanese market.

The worst is I went with a girl who stopped me buying anything... this and that, she could buy herself but i could not...

Sometimes, I had intention to exercise my Wing Chun Kuen on her...but she is the talented master of Er Mei!
So I had better keep quiet :(

HK Snob