Wednesday, December 9, 2020
A few watches on sale
Tuesday, December 8, 2020
Buying Hi Fi equipment or Rolex watches First?
“What’s Hi Fi” had selected these few pieces of all time favourite or memorisable pieces of legendary audio equipment. No matter you have once used them or still using them now, they represent the best examples of good engineering and special designed masterpieces! Though there is arguable why not Rogers LS3/5A Loudspeakers is not included or not. Let’s not talk about your own favourite pieces first. Do we agree that these are some of the legendary Audiophile
Equipment in the past 60 years ?
Have you notice that the Maclntosh MC275 was sold at US$444 in 1965 worth how much now ?
Well if a super nice condition with original component in is about $7,000!
Can you image if one used the US$444 to buy three Rolex GMT master 1675 and keep until
Now in super good condition worth how much now? In case of a 1960 GMT Master is kept till now probably worth US$134,615 which is 20 times more in value.
The moral of this story is keep your Rolex and sell them to buy audio equipment! As most of the audio equipment will depreciate rather than appreciate over time
Maclntosh MC275
Audio Note Japan Ongaku amplifier (1991)
Audio Research SP10/SP-10PS pre/power (1982)
Bowers & Wilkins Nautilus speakers (1993
Burmester 808 Mk 5 preamp (1980)
Krell KSA50 power amp (1985)
Linn LP12 turntable (1973)
Mark Levinson No.30/No.31 CD player (1991)
McIntosh MC275 power amp (1961)
Nagra PL-P preamp (1998)
Naim NAP250 power amp (1975)
Nakamichi Dragon (1982)
Oracle Delphi Mk1 turntable (1979)
Quad ESL 57 (1957)
Tannoy Westminster (1982)
HK Snob
Saturday, November 21, 2020
New Group set up for Watch discussion and sales
A story started with mentorship to a young student who came to me after finding me at my Blog.
He learnt from me on buying and selling watches two years.
Now he has his own office in Tsim Sha Tsui and making ten of thousand of US dollar a month.
Readers of my fb knows about this story and started to ask for more and how about a setup in a group such as to share the technique and knowledge in making watch selling fun.
We are encouraged to set up a new chat group in form of facebook, WhatsApp group or other media for the following purposes:
1.To share watch trace secret
2. How to make a successful deal
3. What we should buy and when we should sell?
4. How to tell the fake watches from the real stuff?
5.....
Many people would like to join as we had talked about the name of the group.
name come up like; Watchohic, WTF, Watch mentorship club, Watch fever Club, watchout,
Rolexian, Watch Snobs, and many other...
We are thinking on how to proceed and ideas is never to much, please support and we can make fun and fund from it,.
Keep you posted
HK Snob
Sunday, November 15, 2020
Latest Hong Kong's Rolex Price
Price of Rolex has not been affected by this COVID-19 and bad economy locally in Hong Kong.
The price of Rolex was estimated to lower by most of the speculators and watch dealers a few months ago but
that is not the case.
Take a few examples:-
Let’s compare the price of today with 6 months ago
Daytona 116500 White today price $200,000 ($185,000)
Daytona Gold green dial 116508 Today price $420,000 ($365,000)
GMT Pepsi 126710BLRO today price $139,000 ($136,000)
GMT Batgirl 1266710BLNR today price is $120,000 ( $118000)
Sea dweller 126600 Single Red $111,000 ($106,000)
Submariner 116610LN 40mm discontinued since Sept 2020 , NOS still available about estimated $98,000
Submariner 126610LN 41mm now is $115,000
These are not SPR at AD, because only a few person could get Rolex sport model with SPR in Hong Kong, needless to be discussed here.
The price here is the trading price of watch dealers in Hong Kong.
Let’s observe one more month.
HK Snob
Friday, November 6, 2020
Rare Rolex Day Date Coral 18208
This is Rolex Day Date coral.
No matter you like it or not, I was able to persuade Rolex Swiss to assemble one last Coral dial on to a 118238 and we bought it three years ago at AD and sold it to a HK collector at HK$2XXXXX !
That watch is probably worth with almost $700,000 or more now!
Now Antiquorum is carrying a 1996 ref 18208 with coral dial.
The most collectible colour is Coral, Lapis Lazuli, Malachite, onyx... I still Remember someone looked at me saying too expensive as I sold one 18038 Coral with Rolex paper with certain price, half of this price 2 years ago.
Sometimes it is not hunch but knowledge that could predict what is the value of some watches in future!
The rule is how rare it was and how “ ugly” it was! After certain year peoples ’ taste would change and it becomes how beautiful it is! 😂
HK Snob
Tuesday, October 13, 2020
Latest Hot Rolex Oyster Perpetual Price update
Latest Rolex Oyster Perpetual Tiffany Blue Hong Kong market price update
1. 41 mm latest Ref 124300 $92,000- 100,000
2. 36 mm Unisex Ref 126000 $86000- 90,000
3. 31 mm lady 277200 $52,000-57,000
36mm Ref 126000 is the hottest as it suits both men and women.
41mm definitely fits for men for its size, but who will wear this Tiffany blue, may be Don Johnson.
It seems this is the price highest to low
1. Tiffany Blue
2. Green
3. Orange
4. Pink
5. Red
6. Shining Blue
7. Black
8. Silver
New Tiffany Blue OP is two times the SRP!
Some people say, let’s wait and the price will drop, I think the price will be slightly adjusted but will float at +5 -10% of this price within these three months.
HK Snob
Sunday, September 13, 2020
Patek Philippe will increase price on 1 Oct 2020
This is new price book for Patek Philippe, well, no one can have any feeling at all for price increase, as you can not get a Patek with SRP at all, it take a few years before you are given a call for your Nautilus collection.
Hot Rolex OP colourful watch 2020
After 1st September, there is never short of surprise, first the slightly enlarged 41mm Submariner 126610LN, 126610LV was available in the authorized Dealer (AD), actually each AD should carry one set of new Rolex in Hong Kong, but not Taiwan, Philippines, nor Thailand.
Price of Submariner Green bezel is highest hitting $200,000 in the first two days, people will think that price will drop one week or so to a state of $120,000!
It is proven wrong, as of today 13 September, the Green Bezel Submariner (it got a nicked name Starbucks) is still selling as an average $165,000.
Submariner Black with date 126610LN is $121,000
How about those OP? An oyster perpetual 36mm ref 124300 with SRP $43,400.
This is the known price on media like fb, IG.
Turquoise $77,000
Green $65,000
Yellow, Red and Orange yet to be seen and no price
Black and Silver should be around SRP.
I guess that orange and Red shall not be cheaper than turquoise and green.
Let’s watch out
We don’t have 41mm yet in the market.
If you can see those colour selling at SRP, I think you should buy, if not let me know where if that is in HK.
Price indicated here is in Hong Kong Dollar
HK Snob
Saturday, September 12, 2020
Scammed Watch Explorer II 216570 White dial....ALERT
Monday, August 24, 2020
Live at Face book "Paul Ip" this week
Dear All HKWF fans
Welcome to visit my face book Live at 1200 HKLT this Saturday 29 August 2020
This week topics is "Daytona"
See you then.
HK Snob
Sunday, August 23, 2020
Price of Submariner
Don't believe or not, the dealer trading price for Submariner black 116610LN is HK$92,000.
The Hulk is even insane, HK$133,000!
What a price under this worldwide unstable economy and amidst of COVID-19!
What is reason for such a simple watch to shoot up to this price?
Stop production?
Rolex shipment getting slim?
or more newer collector or users are entering into hype of Rolex sport watch?
I am thinking the big dealer is stocking up Hulk as they speculate the model will soon be discontinued.
So this is the last bet before September that there is some news of new Rolex model roll out from factory?
Just called the Rolex AD, one manager told me Hulk has been stopped to produce, that they have not seen one more than three weeks
HK Snob
Monday, August 17, 2020
Rolex Watches being introduced during live fb page at 1200 15 Aug 2020
As there is difficulty in browsing the watch in great details, this is what we have shown during the section.
This is open to discuss on these watches. Michael Young and me had been doing this during this COVID-19 pandemic.
I hope you can join and comment on that. fb page is under my name "Paul Ip".
Michael Young is an expert in Rolex bracelet restoration, he is owner of Classic Watch Repair and CEO of Undone (custom design watch company)
HK Snob
Sunday, August 16, 2020
How much you can expect these four Rolex watches bought three years worth Today?
This was my last post on 5 Mar 2019 forecast on a few watches such as Daytona 116500LN white
Hulk Submariner 116610LV, Submariner 116610LN, GMT Master II 116710BLNR.
This is a review on say if we bought one each in August 2017, what would be the value today?
Price on 8/ 2017
Daytona 116500LN White $128,000
Hulk Submariner 116610LV $88,000
Submariner 116610LN $67,000
GMT Master II 116710BLNR $73,000
Total amount was 356,000.
Price on 8/2020
After 3 years today price is:-
Daytona 116500 $193,000
Hulk Submariner 116610LV $120,000
Submariner 116610LN $92,000
GMT Master II 116710BLNR $100,000
Total $505,000
Nett profit is $149,000 if you bought these watches three years ago.
Profit margin is 41%
But as you know that is the price you can buy now at the market currently, someone may not like three years old watch so the price is lowered, but if you keep that in mint full sticker condition further would be a very good investment in future!
Money shown here is HKD.
Refer my post :-
https://watch-fever.blogspot.com/2019/03/investment-on-watch.html?m=1
Tuesday, August 11, 2020
Latest Rolex Market price between dealers in Hong Kong Today
Price e is fluctuation daily. So this is purely for your reference only.
Wednesday, July 29, 2020
What if COVID-19 is still with us.
Sunday, July 26, 2020
Story of Rolex Polar
Introduction of Rolex Explorer II ref. 16570.
Rolex followed up the Explorer II ref. 16550 with the ref. 16570 in 1989.
It kept its 40mm size and stainless steel Oyster case and Oyster bracelet design, which I think a right and optimized size Rolex had an extensive study.
New to the dial was the black outlines of the hour markers and against the cool white dial, the luminescent indexes really pop up! So called Polar!
Also new to the Polar ref. 16570 was the movement. Early models of the 16570 are equipped with the Caliber 3185 automatic movement, while later versions are powered by the Caliber 3186. Also found on the later versions of the ref. 16570 is the “ROLEX ROLEX ROLEX” engraving on the rehaut as an anti-counterfeit measure. This particular ref. 16550 dates back to 1997/1999 so it’s powered by the Caliber 3185 and does not included the rehaut engraving. Whether opting for a new vintage or the Explorer II Polar, decide here looking at this watch.
A Robust stainless steel oyster case coupled with a cool white dial and a bright 24-hour hand makes for a timeless sports watch that brings out one’s adventurous side.
Both exceedingly practical thanks to its time, date, and GMT-hand functions, and impeccably designed, the Explorer II Polar is a Rolex not to be missed. And soon the 216570 will be replaced with newer ceramic Explorer II or III? Keep you vintage Polar is my advice to you.
HK Snob.