Sunday, October 8, 2017

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A gadget-fashion piece that will be outdated and lose value as time passes.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 50th 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

No comments: