Rolex Current Price for investor.

Rolex is Ranked No. 69 by Forbes the world most valued brand.

Established in 1905, producing 900,000 watches a year with annual Sales of US$4.5B in 2016.

Headquartered in Geneva, Switzerland, but relies on 4,000 watchmakers in more than 100 countries Rolex is the leading name in luxury wristwatches. It created the world's first waterproof watch swimming across the English Channel in 1926 base on a concept of vessel water tight hatch.

 

Operating profit margins for the brand hover around 30%. Rolex has a major presence in the sports world with endorsements in golf, motor sports, tennis and yachting. Some of the world's most famous athletes pitch Rolex watches including: Tiger Woods, Phil Mickelson, Roger Federer and Lindsey Vonn.

Amongst the models of Rolex, Cellini, Date Just , Day Date, SeaDweller, Sky Dweller, Yacht master, Daytona, Submariner, GMT master and or Milgauss.

Which one should you choose!? Which one is what you heard most from your friends, from Internet from collectors?

There is a website had a on line checking on the most 100 popular watches mentioned search in Horoguides.com.HK.

These are the top 20 watches

 

Top1 and down wards

1. Seiko (2017) Prospex SPB053  $8,600
2. Rolex (2017) Sea-Dweller 126600 $89,300
3. Rolex (2013) GMT-Master II 116710BLNR-78200 $67,300
4. Glashutte Original (2017) senator 1-37-01-02-02-65 $127,500
5. Tudor (2017) Black Bay 79733N-0001 $34,500
6. Longine (2017) Flagship L4.817.4.76.2 $15,700
7. Seiko (2017) Presage SA343J1 $4,400
8. Breitling (2017) Colt X74320E/BF87/293S/X20S.1 $17,470
9. Rolex (2015) Sea-Dweller 116660-98210L-Blue $90,500
10. Panerai (2017) Luminor Due PAM00729 $86,700
11. VC (2017) QUAI DE L 4500S/000A-B364 $120,000
12. PP (2017) Aquanaut 5168G-001 $289,600
13. Seiko (2017) Prospex SRPA99K1 $5,200
14. Rolex (2017) Sky-Dweller 326934-72220 $111,500
15. Rolex (2012)GMT-Master II 116710LN-78260 $63,200
16. Rolex (2017) Cellini 50535-L $211,100
17. Rolex Daytona (2016) 116500LN-78590 $95,000
18. PP (2016) 6220G-010 POA
19. AP (2017) Royal Oak 26579CE.OO1225CE.01 $737,000
20. Rolex (2017) Date Just 126334-72610 $72,100
21. ….

The time I checked this is 13 Oct 2017 1540 as different time will have different result but the main thing we can see here is that Rolex is the No.1 most frequent item being searched: 9 out of 20 is Rolexes, others second most popular one is Seiko… this is to show how popular Rolex is being recognized and how serious people looking for.

From the data

These are top 5 Rolexes

1. Sea-Dweller 126600 is the most popular models, followed by

2. Batman GMT Master II blue black, 116710LN

3. Deep Sea Sea-Dweller D blue 116660

4. GMT Master II 116710LN Black the green pointer

5. Daytona Ceramic 116500LN

 

In view of the huge demand on these Rolexes, the market price is high,

This is the market price of the top sought after Rolex Vs the SRP:-

1. Sea-Dweller 126600 $108,000  (120% VS SRP)

2. Batman GMT Master II blue black, 116710LN $76,000  (112% VS SRP)

3. Deep Sea Sea-Dweller D blue 116660  $103,000  (108% VS SRP)

4. GMT Master II 116710LN Black the green pointer (96% VS SRP)

5. Daytona Ceramic 116500LN  $145,000  (152% VS SRP)

 

From these, we can translate into Daytona is the most Overpriced (152%) Watch as a production watch available in the market.

From Top Overprices model downwards

1 Daytona Ceramic 116500LN 152%

2 Sea-Dweller 126600  120%

3 Batman 116710BLNR 112%

4. Deep Sea Sew-Dweller 116660 Blue 108%

5  GMT Master II 116710LN 96%

The Price listed here is HKD, price of the watch is the current market price.

HK Snob

Watch Investment

There is common understanding that an expensive purchase is an Investments.

Do you think your new Handphone, a 65 Inches TV could hold the value after 5 years!

Probably no, a smart watch, no?

A gadget-fashion piece that will be outdated and lose value as time passes. People don't buy mechanical watches for high-tech features, so they're not at risk of becoming obsolete.

Like wine, art, real estate in Hong Kong or Bangkok, other hard assets like diamonds, gold, people sometimes do refer to watches as alternate “investments”.

So what watches best hold their value?

Range from $5,000 to $12,000 that is falling into the majority of the average price of a reasonably Good WATCH.

Interestingly, Rolex major stainless line, the most popular lines are within this price range.

Rolex on the other hands maintain small model line that suits most of the people’s need, GMT, Submariner, Daytona and Explorer, Milgauss….

While you shouldn’t count on a watch to produce a solid ROI, you can do a few things besides just getting a Rolex to give yourself the best chance at making a decent profit in 10 or 20 years.

Of course, not all Rolex would help to make big ROI… not Date Just, not Air King, Not Lady’s model.

These are the suggestion

New (best is you get is at SRP)

Submariner Hulk 116610LV

Daytona 116500 Ceramic White

Submariner Black 116610LN,

GMT Master Blue Black 116710BLNR

 

Buy Pre-owned to save 20% on the new watch price…

Sea Dweller 116600

Submariner 16610LN

Submariner 50^th Anniversary 16610LV

 

Vintage

Daytona 16520  Black A series, K , S series Patrizzi – Rare (170,000 roughly made between 1988-1999)

GMT Master 1675 Pepsi, 6542 Pepsi

Submariner 1680, 6536

Sea Dweller 1665


As these things are still available at a 'Reasonable' Price.

 

Please note that a GMT Master Pepsi 5642 was HK$30,000 in 1990, but now is HK$350,000

A BNIB 16610LV Submariner Kermit “flat 4” was sold in 2003 at HK$39,500… Now HK$120,000!

Of course the current high preice is basically driven by promising USA economy and Asia share market, people would put some of their money into watch investment….


See Recent Sotheby auction on Patek Philippine 3700 in gold it was sold as high as HK$625,000!

How about Paul Newman’s “Daytona-  Drive Carefully, me”?

 

My Choice, so as if you afford, go for these four number models and 16520…. They are the best in ROI.

HK Snob

Some of the Rolex on Sale

GMT 1675 year 1963 Long E lucky Number 1628X8X, NFS.

Hulk 116610LV BNIB Aug 2017 HK$95,000

GMT Master Coke 16700 T series w/paper HK$72,000

Daytona 16520 A Series L with paper $220,000, R no paper HK$155,000

GMT 1675 Long E lucky Charms S/N 1628XXX

GMT Master 16700 T series w/paper HK$71,000

Explorer II 16570 Black 2008 HK$49,000

GMT 6542 NFS.

GMT Master 6542 Bracelet

Submariner 6536 tropical dial. NFS.

Submariner 16613LB Patina year 1989 HK$53,000

Rolex 1950 DJ in bark bezel and Bracelet 26mm in 18KT w/box HK$42,000

Day Date 18039 with extra dial w/paper. 1990 watch HK$89,000

GMT Master 16700 with paper HK$72,500 w/box/paper

Rolex DD in Vangette Blue and Stella Green on

Submariner 16613LB Patina dial.

Submariner 16610LV 50th Anniversary year 2007 Full set HK$75,000

Plus Ex-stock
Submariner Black 116610LN in stock Sep 2017 HK AD watch


Plus this following BNIB (order)
GMT Master in White Gold 116719BLRO
GMT Master in Blue Black 116710BLNR


Vintage Rolex in Stock
16610
16600
16800
1680
1665




Please do whatsapp me if you are looking for information
Trade in accepted...

HK Snob
HKWF
Team HKWF
Watch Fever

Rolex GMT Master II White Gold Ref 116719BLRO

GMT Master II Ref 116719BLRO in White Gold BNIB.

This GMT is a slow heat item for Rolex, it was not capturing attendance until recently that many people go for this.

Mainly we found that this is having an unique colour of itself, totally different with the steel version of "Pepsi".

It weighs more than 200 grams of solid 18 KT gold.

This is selling at List price HK$297,900 at AD and now you can get less with less 2X% discount.

HK Snob

Rolex On Sale update as of this week

There are these item on sale.

1.Rolex 16610LN with paper HK$44,000- Sold

2.Rolex 16610LN Tropical chocolate dial watch only- Sold

3.GMT master 16710 Black originally with a Rolex Pepsi bezel inserted with paper on HK$68,500 - Sold

4.GMT master 16710 Coke with paper HK$63,000

5.Submariner Hulk 116610LV BNIB 888 HK watch dated 1 September 2017 full set HK$86,000

6.Submariner Hulk 116610LV near new 98% with paper -HK$79,000

7.Submariner ref 14060M BNIB NOS HK$60,000

8.Submariner ref 1680, 1665, 16800, 16800 with paper.

9.Date Just 1603 silver dial, watch only HK$21,000

10.Oyster perpetual 26mm steel ref 16250 with pink hour stick with card NOS HK$31,000 - Reserved.

11. AP Safari HK$90,000 - Sold

12. Rolex Daytona 116520 Watch only 2010 HK$88,000- Sold

13. AP boutique Green Diver Watch- HK$165,000

HK Snob

PS updated the status as of Today 24 September.

Rolex Oyster Quartz Ref 17013 on sale

An Awesome example of a good Rolex OysterQuartz

Black dial os rare, Two Tone in great condition,

Watch only, this is 1/25,000 pieces of the Oyster Quartz watch Rolex had made betweem 1977 to 2003

HK$32,000

HK Snob

Rolex Submariner no Date 14060M flour liners

Submariner ref 14060M as an improved version on 14060,

This is V series comes with red tag and card.

Just HK$50,000

I have another one Full Set NOS only HK$60,000

HK Snob

Rolex Deadwellwe ref 16600 on sale

Rolex Seadweller is hot because of the Single Red ref 126600 release of the year.

This is ref 16600 with M series.

HK$56,000

HK Snob

Vintage Submariner ref 16610LN

80% of price of a Vintage Rolex goes to the dial.

This is the first series of 16610LN 1989, there they have used new material for the lume and those stuff changed colour faster than you expected. This is so call Tropical-Choco!

It comes with booklet and red tag.

Add a lot of vintage look one near modern Submariner..
Collector's item.

Whatsapp me for price and more information.

HK Snob

Rolex Lady's date just Vintage Watch for sale

A Rolex DJ in solid 18 KT gold with bark bracelet, rare species for good elegant lady's small wrist.

26mm size,.grey dial, it comes with original box and red tag.

HK$43,000

HK Snob

Swiss Watch Winder

What are the essential design concept of a watch winder?

There should have no magnetic interference onto the watch, not to magnetizing your watch.

The motion of the winding should not be jerking motion that add on wear and tear on to the watch rotor system.

There more important is the gripping of the watch is good secure enough not to drop the watch!

This is a  NOS Swiss made Bergeon No. 5803 watch winder that one Swiss firm trade with me for watches, besides the above feature, it is super quiet, yes, a Swiss AC motor.

If is on sales now to those people who need a real professional watch winder or nothing.

Only HK$4,500

HK Snob

Rolex on Sale Part1 of September, Submariner 16613LB

This is a nice piece of Rolex, like mint Ref 16613LB without full length bracelet, green tag, red tag, original box.

L series.

The selling point of this watch is the Patina dial, it has been changed to beautiful purple with Yellow hour stick lume.

The edges is like new, no major scratches and it non-polished watch.

Great for use and or collection.

FCFS, whatsapp me for more info.

HK Snob

Rolex Submariner ref 116610LV , the "Hulk"

Submariner “Hulk” ref 116610LV

The Rolex Submariner’s robust and functional design swiftly became iconic diving watch. With their subtly redesigned Oyster case, distinctive dial with Maxi luminescent hour markers, graduated rotatable Cerachrom bezel and solid link Oyster bracelet, super accurate movement that makes some “tourbillon” shameful, the latest generation Submariner and Submariner Date are firmly in line with the original model launched in 1953.                                                                             

The Rolex Submariner Date reference 116610LV, aka "Hulk," is the Rolex Submariner we all know and love but with a green ceramic bezel and green dial. It commands a price premium (SPR HK$68,100) over the more traditional black ceramic bezel and matching black dial “classic” Rolex Submariner 116610LN reference model (SPR HK$63,900).

There are always dissenters over the Hulk, over the years, I love using Hulk though I always hear people, dislikes “Green”, Green is not my colour, Too green! It is a lady’s watch, no one wears green watch, not a classic….Someone says’ Like Kermit 16610LV (50^th anniversary) more.

At the time, this person was wearing a Rolex with a vintage Submariner 1680 with a ripe patina dial on NATO strap, so they weren’t exactly hostile to the brand. I believe their reasoning was that in their opinion wearing the green-dialed Rolex Submariner 116610LV came across to him as though someone was trying to stand out or be unique!

As much as I love wearing a black Rolex Submariner black, it doesn’t tell anyone who knows about watches anything about me. A downside of the most popular ones is that they force you to blend in.

Or, if you want to present something more distinctive about yourself but don’t want to be “out there,” consider the color green.

Well, I like blue as much as many of the watch makers, so “Blue” is the standard brand colour, so as blue PP 5711, AP 15400, AP15202, is all boutique item.  Green is Rolex’s iconic colour, it represents Ocean, its represents caring, environmental friendly, peace and tranquility.

To get a Hulk is nothing easy, I sold Hulk likely about ten pieces in the past two years. Starting $65,000, price keeps going up to $69,000, $71,000, $73,000, $74,000, now my next piece is $86,000! 

It is not a good news, as price of Hulk from gray dealer is keeping increasing… that is a sign that it will be one day I cannot afford to buy one… So it is time for me to keep one for myself first.

Rolex is gold, and gold is not Rolex.

HK Snob

Rolex on Sale (September)

Ref 116610LV Hulk 2010 Year with paper HK$71,500

SD4000 SeaDweller, shortest life Seadweller 3 years , Like New 116600

HK S78,500

Bracelet of SD4000

Coke 16710 T series with paper HK$62,500

Coke

Coke Side view

Coke Side view II

HK Snob

Thanks for all the reader and fans of HK Watch Fever

This is the 8^th years I have been blogging on Watches… as a matter of fact, I should say thank you for those who has been supporting this Blog whoever in the past few years…

I still remember when  I saw the first 100^th page views I was so happy and eager to know who he is…

Now it had hit 2.7M page views and had 2,341 comments on the published 2,255 posts, all my post was done by me for last year I off loaded a few tenth posts to my partner in HK Jason… He is busy too so I have to pick up myself in this year.

I started to find I have turned this watch collection hobby into by side line, or now I should say my main line as I am still holding a position in the World No,1 top semiconductor company located an office in Alabang, whereby I am a country manager.. That is why I hold a Philippine Phone number 639989811111.

Over these few years and more precisely started 2014, I have been selling watching to the Philippines fans on my blog, and gradually I am selling more than just Rolex, JLC, AP, PP, Zenith, Paneria...etc…

I am glad that Now I am not just selling, also provide service for evaluation, checks and trading watch from the Philippines. I also buy from you!

People Who have bought from me knows my strategy, customer base instead of Profit base orientated.

So I even lost 2 thousand dollar whereby I committee a price on D-blue. And I made no money on a Batman to one doctor in a Hospital. But it is fine as he loves to buy from me more,, and I sold him a Hulk recently…

Now, I start to feel bad as I will be retiring from this company soon and I may not able to fly over so frequently weekly like before… anyway, I still can fly over to talk, drink, eat and or trade watches with you…say on weekend. Also I have a plan to select a close partner to open a Watch store in Philippines.

 

Thanks for the who had supported me, trusted me… for those who never seen me but send me money wire HK$180,000… and not just once… This things will not happen for HK people i stead. But I think because you have been watching me over these years,

Thanks for all of your, CEO of Bank, Lawyers, congressman, Mayors, business man, doctors, teachers, hotel GM, young enthusiast, OL, models, watch collectors, watch dealer, IT manager, Advertisers, Special thanks to Alex at Greenbelt 1;  it is nice to know people who is really a watch guru.

Thanks for the support and trust!

 

PS my face book account name was forced to changed from “HK snob” to “Paul Ip” by fb, so you can add me to “Paul Ip” that is my real name.


Also I have another fb account " Rolex HK Snob"

Also my IG is “ HK_Rolex_Fever”

Seeing you soon.

HK Snob