Watches4ever
873
A day in Macau
An hour's high speed jetfoil from Hong Kong, is Macau, and just spent a weekend there with friends. He took me to a handful of reputable shops that sell Rolex, and what an eye-opener. These are not AD or boutiques, just sell and trade watches. In one, numerous brand new Daytona (116500LN) in white and black dial, Pepsi GMT, Root Beer GMT, Deep Sea, Sea Dweller, Hulk etc, and all brand new. I was shocked to see so many and all are selling at more than the SRRP, referring as the "market price". They don't use SRRP, because they said it's non-existent, only sell at "market price". So I asked, what's "market price", one guy explained, depend on the demand for one, more demand the "market price" go up but never down. It's like going to a sea-food restaurant, prices for fresh catch of the day or for whole fish, mark as "market price". In HK, I don't even see so many brand new pieces in any shop, they often put them away in safe. In Macau, these are openingly display on shop windows, some with price-tags. These watches, one guy told me came from all sort of countries, usually middle-east or Europe, sometimes, from HK (code 888) can fetch much higher prices. Now, I ask myself, if its 888 then how come they can get their hands onto one, brand new not used, and they are not AD. Unfortunately I wasn't lucky in the casino, otherwise, regardless of their market price, I would take back a Panda & Root Beer without having to queue for years to get one. Looks like Rolex (Asia) has no say or control over these market price sellers, consumers like myself simply can't afford a market price Rolex, so unfair... Go Seiko perhaps...
Only if I have market-price money..
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A day in Macau
An hour's high speed jetfoil from Hong Kong, is Macau, and just spent a weekend there with friends. He took me to a handful of reputable shops that sell Rolex, and what an eye-opener. These are not AD or boutiques, just sell and trade watches. In one, num...
Interesting information...
it’s just sad that these pieces are not being enjoyed on the wrists of watch enthusiasts.
When started to read your post i thought.
All thoose watches must have come of the arms of gamblers needing some extra cash. But you noted many are new so there is obviously some funny business and ligot ad’s supplying them. Market price must be higher than ad’s which bives the ad’s an incentive ...
No more gamblers pawn watches
This might be the case more than 10 to 15 years ago but nowadays when one scout around all the watch shops near casinos, they are not pawn watches, they are in fact brand new watches, from suppliers or from buyers returning from overseas trips. The ones n...
I believe u really been to HK and Macao
Welcome to Macao. Including HK, all the hot Rolex watches didn’t go to customers but these kinds of shops! Not like the other cities, AD will sell the panda, hulk to their loyalty customers but in HK and Macao, these watches will be sold to the shops whic...
They are just a bunch of greedy sellers
I am sure Rolex knew about this but nothing has been done to cut their supply. I know many AD in HK, they insist they are selling all the "hot" Rolex at market place, never the RRP. They all claimed they are right. So what would I do, I go to a grey marke...
