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Believing or not there was someone selling on line eBay for the Red Mars with HK$550,000 yesterday.
Also there is Uranus and Saturn package deal with HK$68,000 in HK dealer group.
Why they are so much eager to get it today, as they afraid some of the submodule will not able to get in later stage, I guess.
HK Snob
There are notices displayed at the three special Swatch Boutique that we don't have to
line up for the new 2022 Swatch X Omega watches, after 26 March we can order it at Swatch Official site.
Still a lot of people are lining up at the entrance of these three boutiques at TST, CWB and Ocean Centre.
HK Snob
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So guess the Tiffany Blue may be sold on line for HK25,000 in the first three day, I guess, rough guess only. Carousell has some selling post for Alaska Project (Red) with HK$20,000. I just saw eBay is now bidding with a current bid of 61,600 Pounds for Mars.
It is not abnormal for this kind of episode happened exactly in the same location 30 years ago we waited for the Swatch X'mas special, Hocus Pocus, or Golden Jelly.
Suddenly I think of the movie " Somewhere in time"
Time flies, but it is fun that I feel those happy time that I could get a Hocus Pocus with HK$600, then sold HK$6,000 two weeks later.
HK Snob
Quartz movement with 3 years battery life
Bioceramic 42mm case material on NATO strap
There will be official open for sale at Swatch AD in three branches
CWB, TST Ocean centre and Mongkok Langham
Max. purchase per head is two pieces
Price is HK$2,100
What is your choice?
HK Snob
Antiquorum witnesses 50 years of Royal Oak | Antiquorum Auctioneers since 1974
I am thinking the price isn't too high at all, well, we will see what final auction will be for more of the rare AP, such as Salmon Dial Royal Oak Perpetual Calendar, A series 5204 in Gold or Steel.
HK Snob
Quite obviously we can see watch market has been slow down
in end Feb. till now, as most of the dealers are liquidating their funds to
keep the purchasing power for new watches after Watches and Wonders 2022 by 30
March. Some of the current deals are good if you had the hard cash, but who
knows what shall it happen on April?
Well, I am optimistic about the watch markets, especially
the Big Four or Big Five watches. However many of my friends, Bloggers,
dealers, collectors are on panic sale in these two weeks.
Refer to Morgan Stanley Research, we can have a glimpse on what
has been showed from 2020-2021 on Swiss watches performance…
At the beginning of COVID-19 Rolex had been shut down some
of the production in 2019 with output about 700,000, However on 2020, they have
ramped up their production to 810,000, and even with 1,050,000 in 2021. Refer
to the attached chart, Rolex had reached 8B CHF in 2021. Followed by Cartier
with 2B, Omega, Audemars Piguet over taken Patek become No. 4 with 1.6B, follow
up with Richard Mille and Vacheron Constaintin… What I have noticed is that
amongst these big players, Rolex had almost double its revenue in 2021 comparing
with 2020, Well, Vacheron Constantin is the second biggest growth in revenue
about 40%, may be the Overseas and FiftySix are gaining attention of those who
cannot get Nautilus and Royal Oak at all.
Base on these figure if say the Luxury watch definition is
US$5,000 to US$50,000. There is not too many Luxury watches falling into these
range from these top ten watch maker of Switzerland. Take for instance, Switzerland
produces 6M watches a year in 2021, there is only a fraction of them going into
the “Luxury Category” may be only 20%, that is about 1.2M watches a year.
Do you think 1.2M Luxury watches will be more than enough
for those discerning client all over the world?
Don’t ignore that there are about 5M new Millionaires with
asset of over US$1m created in 2020. So every year there will be 5M-7M people
coming into this Luxury market. They are never short of cash just
many of those are FOMO of those Nautilus, Royal Oak, Aquanaut,
Overseas, Daytona and RM.
So I am sure that the so called Watch bubble will not burst
at least within the year 2022.
HK Snob
Its super smooth, quiet and accurate with less than 1 second gain a day in these two weeks.
It comes with an Archive paper, and the original box and booklet.
HK Snob
This is the 2022 new releases AP Royal Oak, 50th anniversary
after Audemars Piguet launched the first Royal Oak in 1972.
With a refined design wider bezel, deeper chamfer on the
edge, notably that the size is diminishing as other major brands going to be small
and thinner.
This is 37mm, well, back in 5 year ago, no one could expect
size like this would be the trend. Additional models in 41 and 34 mm (for
ladies) will be available in the second half of 2022 to continue the Royal Oak
Jubilee. For now, the new 37 mm models are only available in stainless steel or
in stainless steel with a diamond-set bezel.
Colour
·
Royal Oak ref. 15550ST.OO.1356ST.01 with silvered
dial
·
Royal Oak ref. 15550ST.OO.1356ST.02 with Bleu
Nuit, Nuage 50 dial
·
Royal Oak ref. 15550ST.OO.1356ST.03 with ruthenium
grey dial
·
Royal Oak ref. 15550ST.OO.1356ST.04 with light blue
dial
I like the Light blue if I could get it as this looks the
colour of Tiffany blue.
This is not the same profile as the first Royal Oak 5402
Jumbo 39mm, 7 mm thick. This is 37mm diameter with 8.9mm thick.
There is no “automatic” printed on the watch. It is
Automatic with the new Audemars Piguet calibre 5900. Composed of 186 parts and
29 jewels, the automatic calibre 5900 provides a power reserve of 60 hours when
running at a frequency of 28,800 vph. Eye Catching features of the ‘50-years’
oscillating weight in rhodium-toned 22K pink gold which will be fitted to all
watches during the year 2022. What if the watch on 2023? No such “50th-Years”
Possible, as AP would create a super hype on this model!
I can’t decline they are wrong being a watch company, “50th
anniversary” is a big event.
With the new Audemars Piguet calibre 5900 also comes a
slightly thinner case construction measuring only 8.9 mm in thickness which is
definitely an upgrade from previous models.
SRP Price $24,100 USD (HK$188,000) and $33,200 USD with
Diamond-Set Bezel.
Availability, unless you are
SVIP, or there is difficulty to get one at SRP, probably by end of the year the
market price of this watch will be going up to HK$2,000,000 if they have only
One-year production! With the 50th anniversary feature on the rotor!
Related size from other major brands
Rolex Explorer I Ref 124273, 36mm
Vacheron Constantin 2300V 37mm
HK Snob
Courtesy pictures of Watch collection
lifestyles
Most dealers are not buying in watches and try to dump these slow moving stocks for cash.
So this is an observation period for buying good watches you like but those watches in hype is still not cheaper.
I don't have much expectation on Rolex as they are knowing
only manipulating at combination of colour of bezel, choice of material and size changing plus 1
or minus 2 mm, well, I am more in focus on some of “lost” pieces 20 or 30 years ago.. That is my fun part of watch treasure hunt!
HK Snob
HK Snob
