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tsuie · 6 July 2011, 06:01 PM

just checked in with some dealers here in hongkong yesterday, Black face Daytona's are now going at HKD95-98k.....

Sub-Cs apparently are not very popular in HongKong, alot of people (including myself) are going for DEEPSEA instead........

and yes, Patek is pumping their price tages up by 7-8% July 15th........

TurboWatch · 6 July 2011, 06:09 PM

the way Rolex terminates ADs, even the long established ones to open their own boutiques.

Mistry · 6 July 2011, 07:16 PM

soon our collections will be worth milllions i tell u!!!

but we wont be able to afford any more :(

Jake B · 6 July 2011, 07:40 PM

Quote:

Originally Posted by tsuie

just checked in with some dealers here in hongkong yesterday, Black face Daytona's are now going at HKD95-98k.....

Sub-Cs apparently are not very popular in HongKong, alot of people (including myself) are going for DEEPSEA instead........

and yes, Patek is pumping their price tages up by 7-8% July 15th........

Geez man, yeah...Even the 2nd hand shops around Tsuen Wan are selling their subs at around $4000 HKD more than they were just 2 months ago! Mental, I tells ya!

Glad I bought mine in early April

...Not so long ago time-wise, but TWO increases ago!!

Parmine · 6 July 2011, 08:44 PM

Quote:

Originally Posted by tsuie

just checked in with some dealers here in hongkong yesterday, Black face Daytona's are now going at HKD95-98k.....

Sub-Cs apparently are not very popular in HongKong, alot of people (including myself) are going for DEEPSEA instead........

and yes, Patek is pumping their price tages up by 7-8% July 15th........

Where in HK can you find a Daytona? - unless you're a preferred customer or willing to pay $$$ over retail I doubt you will find one.

rok14eva · 6 July 2011, 09:24 PM

I talked to my Korea AD yesterday and he confirmed that the prices went up 5.56% less then a month ago.

Punjabusa · 6 July 2011, 09:41 PM

what a ripppppp !!!

Puffy · 6 July 2011, 10:02 PM

folks from mainland China won't even notice

Parmine · 6 July 2011, 10:09 PM

Quote:

Originally Posted by Puffy

folks from mainland China won't even notice

True, I'm a casino manager in Macau and I see mainlanders losing tens of millions everyday, so much money there now. The Louis Vuitton shop in Wynn Macau has the highest sales of any in the company. God only knows what the Rolex dealers does there. They have some fugly watchs though, bling on bling with extra bling.

htc8p · 7 July 2011, 04:59 PM

yes increase in philippines too, when HK goes up all others will go up too.

anyway the point is this is getting absurd. they are already expensive enough. it's looking a little like extortion.

tsuie · 7 July 2011, 06:03 PM

Quote:

Originally Posted by Parmine

Where in HK can you find a Daytona? - unless you're a preferred customer or willing to pay $$$ over retail I doubt you will find one.

PARMINE

are you talking about 2nd hand or Brand New Black Daytonas? if you are interested I can refer you to the shop I know. I was there couple days ago and they have 2 black dial daytonas on display, 2nd handed ones.

I am sure they can find a brand new one for you also. of course, as you say it will not be retail price.

Puffy · 7 July 2011, 06:22 PM

Quote:

Originally Posted by Parmine

True, I'm a casino manager in Macau and I see mainlanders losing tens of millions everyday, so much money there now. The Louis Vuitton shop in Wynn Macau has the highest sales of any in the company. God only knows what the Rolex dealers does there. They have some fugly watchs though, bling on bling with extra bling.

I went to the Rolex shop at the Wynn last year and the sales lady said she went through 3-4 boxes of the diamond-encrusted Daytonas in the blink of an eye. The one I tried on was going for $250k oh yeah!!

pokpok · 7 July 2011, 06:35 PM

Quote:

Originally Posted by Parmine

True, I'm a casino manager in Macau and I see mainlanders losing tens of millions everyday, so much money there now. The Louis Vuitton shop in Wynn Macau has the highest sales of any in the company. God only knows what the Rolex dealers does there. They have some fugly watchs though, bling on bling with extra bling.

I'm from Macau too

I live like 5min walk away from Wynn and love to window shop there. I don't think I've ever seen a SS Rolex displayed there

Newportkrieger · 7 July 2011, 07:13 PM

If any of you read the business journals or watched CNBC you would know why this is happening and its not the fault of Rolex at all. All Rolex is doing is making adjustments for the INFLATION that the Far East is experiencing and its net effect on the local currencies. Chinese banks/ China just raised their interest rates again in the last week to try to head off the acceleration of inflation in the Chinese economy.

What happens in China spreads to all the Far East because of China's economic dominance over the region.

mocheen · 8 July 2011, 12:57 PM

They will keep increasing their prices until people stop buying their products.

Aspirin · 16 July 2011, 07:08 PM

From 28 Sep 2010 to 1 July 2011, 4 times within 9 months and 3 days.

6 July 2011, 06:01 PM	#31
tsuie "TRF" Member Join Date: Aug 2009 Real Name: Eddie Location: Hong Kong Watch: all of them! Posts: 81	just checked in with some dealers here in hongkong yesterday, Black face Daytona's are now going at HKD95-98k..... Sub-Cs apparently are not very popular in HongKong, alot of people (including myself) are going for DEEPSEA instead........ and yes, Patek is pumping their price tages up by 7-8% July 15th........ __________________ SS Subdate 16610 D series Sea Dweller 4000 116600

6 July 2011, 06:09 PM	#32
TurboWatch "TRF" Member Join Date: Jun 2009 Location: NorCal Posts: 1,641	Looks like the prices will keep going higher the way Rolex terminates ADs, even the long established ones to open their own boutiques.

6 July 2011, 07:16 PM	#33
Mistry "TRF" Member Join Date: May 2011 Location: London/Switz Watch: Sub's/OysterP/... Posts: 236	soon our collections will be worth milllions i tell u!!! but we wont be able to afford any more :( __________________ Its better to be feared than loved, for fear is controllable but love never

6 July 2011, 09:24 PM	#36
rok14eva "TRF" Member Join Date: Jun 2011 Real Name: Ken Kim Location: Washington Watch: 116520 & SS DJ Posts: 27	I talked to my Korea AD yesterday and he confirmed that the prices went up 5.56% less then a month ago. __________________ Current Collection: SS Datejust White SS Daytona SMP

6 July 2011, 10:02 PM	#38
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	folks from mainland China won't even notice __________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

6 July 2011, 09:41 PM	#37
Punjabusa "TRF" Member Join Date: Jul 2011 Location: Cleveland, OH Posts: 89	what a ripppppp !!!

7 July 2011, 04:59 PM	#40
htc8p "TRF" Member Join Date: Feb 2009 Real Name: Bert Location: philippines Watch: 116710 ln Posts: 3,443	yes increase in philippines too, when HK goes up all others will go up too. anyway the point is this is getting absurd. they are already expensive enough. it's looking a little like extortion.

7 July 2011, 07:13 PM	#44
Newportkrieger Banned Join Date: Nov 2009 Real Name: Steve Location: Newport Beach, CA Watch: GMT Master Pepsi Posts: 1,243	If any of you read the business journals or watched CNBC you would know why this is happening and its not the fault of Rolex at all. All Rolex is doing is making adjustments for the INFLATION that the Far East is experiencing and its net effect on the local currencies. Chinese banks/ China just raised their interest rates again in the last week to try to head off the acceleration of inflation in the Chinese economy. What happens in China spreads to all the Far East because of China's economic dominance over the region.

8 July 2011, 12:57 PM	#45
mocheen "TRF" Member Join Date: Nov 2010 Real Name: Aaron Location: San Francisco Watch: 16610LV Posts: 187	They will keep increasing their prices until people stop buying their products.

16 July 2011, 07:08 PM	#46
Aspirin "TRF" Member Join Date: Aug 2010 Location: at home Posts: 1,330	From 28 Sep 2010 to 1 July 2011, 4 times within 9 months and 3 days.

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