Orange is super rare, you not even able to find one on Chrono24
Price HK$93,500
HK Snob
This is Perpetual Calendar in creamy dial with 40mm dia. the SRP is HK$660,000. and I believe this watch value will go up to certain level after three years.
HK Snob
Because the brand name says everything
HK Snob
Well, that is not my surprise as when Patek, AP and Rolex price is high enough to an astonishing level, people will start to look for replacement.
Although many people dislike what I am trying to say as they are base on the old market value of Vacheron on the past 5 years as a reference. But I can see the trading price of Vacheron is getting high in the HK watch trading groups everyday.
Of course the data is not lying by itself, Yes I know those Patek AP fans is not likely to hear that as this will dilute the buying focus towards these Patek and AP.
Never mind, we should watch out.
HK Snob
勞力士男士入門錶款推薦01 ：Rolex
Explorer Ref.124270
2021市場價格：約HK$72,000 –
HK$98,000
2021官方售價：HK$50,000（不鏽鋼版）配上含有18K黃金的Rolesor物料，讓人耳目一新。
HK Snob
Price of some luxury watches in Hong Kong
Rolex price is continuously to appreciating in the open
market which I could day more or less controlled by dealers. Next Article will
cover some of the dealers movement in Hong Kong.
While sales of these wristwatches dipped for a short period
of time during the height of the pandemic in 2020, purchases have recently
jumped higher. According to the FHS, a Swiss watch industry research group,
Swiss watch sales were up 7.6% in July compared to the pre-pandemic baseline of
2019. Sales growth jumped a whopping 48.5% in the U.S. in July compared to 2019
levels, and even 75% in China. This is the best reply why Rolex price is insane
high!
Rolex recently had announced that they will try to do the
best to increase their production output at three of their factories in Switzerland.
Rolex officially said they “Will TRY”….as there are a lot of quality control
issue if they want to increase the output. Meaning is that be calm, the price
will be still going up!
Patek Philippe
Well, it is getting worse we supply and demand is never been
able to be in balance, demand is much higher than supply. An Aquanaut model
5167 used to be 1.6X of SRP $140,000 is now 3X high in the open market.
The Nautilus 5711, and or 5712 they are now lying in the
range of 2.5X-2.7X of SRP.
Some special model such as Aquanaut 5968 Green, SPR is $330,000
and only we can buy with $1.3M in the open market!
Thierry Stern had mentioned that they will TRY to increase
production output but he added, due to the need for certain skillful watch
smith, normally it takes 20 years for bring up more skillful people to increase
the volume of production… 20 years!
So this statement will ensure the grey market price of Patek
will keep increasing…further at least for 10 years!
There will not be any chance to see the price lowered within
the next two years, if there were geographic dispute between big countries,
trade war with Switzerland, or war, of Wall Street economy slash or Political
Chaos, in these cases. more speculators would dump more cash into this Patek as
a security protection, price even would go up further!
Probably looking for something still undervalued today such
as Vacheron Constantin as we noticed through all the dealer trading groups,
that Vacheron is some of the frequent asked watches now after Rolex, Patek,
Audemars… worth your thought now.
As for Richard Mille, there are few different idea, those
who are having RM is likely to support emotionally and financially on the
watch, those die hard old school watch lovers seems not being moved by the
crazy price of RM as they still prefer those classic Luxury brands mentioned
above. Others are swingers wo are watching and see if there is a chance buying
good priced RM, but never can at least
for the up-coming 1-2 years.
HK Snob
Currency here is in HKD (Hong Kong dollar, 1 USD=7.75 HKD)
Hong Kong watch trade group, behavior and funny buyer practices
Here and there are a lot of way for people connected for watch sale, namely fb, IG, Carousel, WhatsApp groups, etc.
These are dealers that they have set up a lot of watch Whatsapp groups
1.
“HK dealer groups” (247)
2.
“HK serious watch dealer group” (247)
3.
“HK dealer Vintage and used group” (247)
4.
“HK dealer vintage and used group” (247)
5.
“Trusted dealer Europe” (246)
6.
“Watch jeweler and parts “(217 )
7. “Audemars Piguet only” (136)
(Bracelet shows the number of members in the group)
The very first host is an Italian who started this in 2018.
And many other people just copied and set up another group on their own and run.
For these groups you place two pictures and name a price and
within few minutes someone will reply you if they want to buy.
These are mainly for dealers in Hong Kong and overseas. I think
the daily trade volume is average HK$10M.
From these we can see roughly the trading price of Rolex hot
models and on and off the most popular is Rolex, Patek Nautilus, Aquanaut and
some AP, recently months Vacheron is coming up actively.
Carousell
This is in fact a good channel to trade, but this is not
purely for watches, they have all other things such as toys bags, shoes, toys
etc… so it is a bit confused, but never the less you can search the watches you
want and with a few seconds you can see what you can buy.
Take note that you have to find those with high rating before
you approach them, those without any trade record or without any good rating
you have to be very careful as they might be scammer, and not a reliable buyer
or seller. Everyone was once a beginner, they many have good people, but just
be careful.
Funny response from the buyer:-
1. I really have heart to buy your watch, just I don’t have time!
2. 2.I like to take your offer, but my wife rejected me to
buy!
3. 3.How come your watch does not come with warranty paper,
is it a stolen watch.
4. 4. A few years back like 2016 someone had encountered a
Australian asking a Rolex Submariner 116610LN and he quoted him price which is
higher than MSRP by that time, he named as Simon was becoming insanely rude and said
my friend was a scammer, and wanted to report to police.. my friend blocked him
as he did not want to waste time explaining him at all.
5. 5.Recently there is one cases which was actively discussed
in fb, there is a HKer guy who has a Daytona 116520 and asking HK$290,000
He will ask you to 100% transfer the money at his bank
account, then he will show you the watch wearing on his wrist!
Wow, who will dare to do this silly things… as once money is transferred, he can run away.
6. 6. There is a buyer who had agreed everything that we
will trade 2 days later with my effort to get the buyer…everything is fixed, but 24
hours before the transaction time, the seller called me he has sold his watch
already. This is not a gentlemen's deal.
HK Snob
2. No WhatsApp Phone number. Always no phone contact. Suspect!
3. You should propose place for meeting such as Restaurant, hotel lobby or VIP lounge inside a bank, if they counter proposal another place such as MTR station, beware as they know they will be CCTV recorded in the bank and Restaurant area.
4. Don’t underestimate these people as they are pro. Check and proceed with caution always.
5. Always go with a third person for an expensive watch, a friend of yours or a body guard and or boxer.
6. Don’t seat at the widow side and if they have more than two, they can grab your watch and run whilst another one blocks you. (It happened!)
7. Suspect more if they don’t do too much pricing negotiation as they have prepared to give you e-check deposit. Don’t give the watch to them when you smell something abnormal.
8. Don’t buy those watch which is 30% lower than market price, very susceptible to be problematic goods.
9. Don’t think that watch and with paper are not possible to be stolen one, many watches are stolen one with paper even full set.
10. Always CASH deal, don’t believe they say cash is dangerous, we sold last Patek 5270P and RM-011Ti in cash, dealers will give you in cash.
11. When during e-bank transfer “CQM DEP” is meaning check deposit… that is a possibly a scam. Don’t give watch!
12. Don’t buy stolen watch one day the police will call on you and you will be in deep shxt!
13. Always keep origin receipt of your watch and Keep a Record on the watch S/N in case stolen police will be able to trace them back, of course not 100% guarantee to get back your watch.
14. Don’t talk to stranger no matter sweet lady or men dressed in a banker look in bar, they could put put some medicine into your drink, then when you feel very sleepy, your watch will be take away and you only know it after an hour or two.
15. Many people will say pay you 15% more if you bring the watches to Italy, Paris…wherever, forget it, as you may be robbed just outside the airport.
16. Don’t be feeling you are the lucky man to know one lady you meet in bar and bring her home for sex! Friend of mine was being photoed right at spot and asked for all his watches and money. They are pro… he is so afraid now, I told him go Police!
17. I had a friend who we know more than 2 years, asked someone’s three Rolex and he can sell to his celebrity friend… well, he pawned it and claimed loss…. took us two years with the help of police to salvage those three Rolex back from pawn shop… his name is Marco Chan… stay away with this scumbag!
18. If your watch is known to be stolen, Patek and or Rolex can have the right to confiscate them right at your presentation to repair, or service. They have company lawyer to “deal” with you for years. I had spotted one couple to take one Patek watch into Patek repair centre for service, good luck the clerk lady told them that is known to be stolen watch and returned them at the counter, they took it and ran at ultrasonic speed out to the door and disappeared in fraction of a minute.
Lesson had been learnt… Don’t
want you to be the next one!
HK Snob
Yes the Mid Autumn Festival. Here we are selling mooncakes and people are buying in advance for the event. This year, the Mid Autumn Festival will be on 22 Sept. Tuesday.
I have taken out my beloved VC Triple calendar to see the real full moon on my Watch on these Days.
Wish everyone would have a great and happy family union on that day.
Happy Mid Autumn Festival in advance!
HK Snob
There will be talk shows and movie watching with the coming few days, I believe that JLC has invested over HK$3M or more on this event. I think more HK people are coming into peeping into this Jaeger Reverso when people can not travel for two years, or may be it is a good chance to spend some time to purchase a legendary time piece created in 1931.
The first Pink gold single dial Reverso I bought in 1985 was HK$26,000. And I think the money in that period of time sis much higher than today.
I think if we have a dress watch competition, Reverso is definitely one of the top ten.
HK Snob
After we paid the deposit.
I love the green
HK Snob
Brand new Rolex FS Explorer I 214270 $78,000
Brand new Rolex OP36 126000 Coral Red, watch box, warranty card and box Dec 2020 POA
Brand new Rolex OP36 126,000 Silver, Full set POA
Rolex Used Sea Dweller 1665 Mk III 1979 Naked POA
Rolex Used Fat Lady 16760 Patina dial Coke naked rare Naked POA
Patek Calatrava Ref 3591 33mm yellow gold with original paper year 1972
Automatic ultra thin $78,000
Breitling 40mm in Green Brand new full set POA
Omega Snoopy 2021 full set brand new POA
Many more...
Deal locally in Hong Kong
Message me for more, I shall post pictures later
HK Snob
