
Happymsp's post offers a fascinating glimpse into Hong Kong's vibrant grey market for luxury watches, specifically a shopping center on Nathan Road overflowing with Rolex models. The author's photos reveal an astonishing inventory of highly sought-after references, sparking a community discussion about the dynamics of supply, demand, and pricing in the secondary market.




The Rolex GMT-Master II reference 116710BLNR, known by collectors as the "Batman," introduced a novel blue and black ceramic bezel to the GMT-Master II lineup. This was the first time Rolex combined two distinct colors on a single monobloc Cerachrom bezel, a significant technical achievement. The blue segment represents daylight hours, while the black segment denotes nighttime, aiding in tracking a second or third time zone.
This reference features a 40mm Oystersteel case, housing the automatic Caliber 3186 movement, which provides a power reserve of approximately 48 hours. The watch is fitted with a sapphire crystal with a Cyclops lens over the date display and is water-resistant to 100 meters. The black dial provides a contrasting backdrop for the Chromalight hour markers and hands.
Appealing to collectors interested in modern Rolex innovations and practical travel watches, the 116710BLNR quickly became a highly sought-after model. Its distinctive bezel color combination set it apart from previous GMT-Master II references and established a new aesthetic within the collection, preceding subsequent iterations with similar two-tone ceramic bezels.
On the one hand everyone is entitled to buy and sell a watch as he/she wants. However, although not really interested in any of the watches shown, I feel a bit upset for some people really saving hard to get their dream watch and then being confronted with market economy like this. Just my 2 cents, Dirk
Nothing communicates rarity worse than putting 5 identical watches right next to each otherπ. I can't understand the store's thinking here.
6x Hulks, 10x ceramic SS Daytonas (5 white dial/5 black dial), 3x green-dialed solid gold Daytonas that John Mayer loves so much, 8x no-date ceramic Subs all in nice rows. Guarantee you'll never see that at any AD.
Quite revolting to see
price, thus losing out on an opportunity' or providing the buyer that opportunity? It has certainly come down to investment. If you had a chance to buy say 5 Rolex sports watches at retail, would your eyes light up, and imagine dollar signs? It's unfortunate, but the guy having saved up for his dream watch will either need to pay the premium, or find another dream watch. That other dream watch could be purchased at a discount....again economies of scale, working the other way. Why bother chasing
I went with my wife to a jewelry exchange in Aventura. Many of the hard to get Rolexs are there, available at a mark up.
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