The year 2017 marked a significant period for Rolex enthusiasts in Hong Kong. The brand, renowned for its prestigious timepieces and enduring value, continued to release coveted models, driving demand and shaping the market. While a precise, comprehensive price list from 2017 is unavailable publicly, we can reconstruct a picture of the Hong Kong market based on available information, comparing it to subsequent years and exploring the factors influencing prices. This article delves into the Rolex landscape of 2017 in Hong Kong, examining specific models and their approximate pricing, considering the context of the broader luxury watch market.
One specific reference point we have is the mention of a 37mm Rolex (Ref: 268655) with a suggested retail price of HK$163,200. This model, likely a Datejust or a similar model within the Oyster Perpetual collection, provides a benchmark for understanding the pricing of entry-level luxury Rolex watches in Hong Kong during 2017. The price suggests a strong presence of the Oyster Perpetual line, which continues to be a popular choice for its classic design and reliability. The relatively high price point, even for a smaller model, reflects the premium commanded by the Rolex brand in the Hong Kong market.
Another significant release mentioned is the 2017 "candy" version of the rose gold Yacht-Master, with an approximate price of HK$492,000. This highlights the top end of the market in 2017, showcasing the high prices commanded by limited edition or particularly luxurious models. The "candy" moniker likely refers to a vibrant, possibly jewel-encrusted, variation of the Yacht-Master, reflecting the trend towards opulent and highly personalized luxury timepieces. The success of the black and gold Yacht-Master undoubtedly paved the way for this more extravagant iteration. The significant price difference between this model and the 37mm example demonstrates the wide range of prices within the Rolex catalog.
Comparing 2017 Prices to Subsequent Years (Rolex HK Price List 2019, Rolex Price HK 2019):
While precise 2017 pricing data is scarce, comparing it to subsequent years, specifically 2019, reveals a pattern of price increases common across the luxury watch market. The Rolex HK price list for 2019 and the broader Rolex price HK 2019 data show a clear upward trend. Several factors contributed to this:
* Increased Demand: The enduring popularity of Rolex watches, coupled with limited production, consistently outstrips supply, driving prices upwards. This is particularly true for sought-after models like the Daytona and Submariner.
* Material Costs: The cost of precious metals (gold, platinum) and high-quality materials used in Rolex watches fluctuates, directly impacting the final price.
* Currency Fluctuations: Changes in the exchange rate between the Hong Kong dollar and other currencies (especially the Swiss Franc, where Rolex is based) influence the final price in Hong Kong dollars.
* Brand Prestige: Rolex maintains a strong brand image and reputation for quality and craftsmanship, allowing them to command premium prices.
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