Rolex Models You Should ONLY BUY From The Grey Market! - Watch Dealers Insight
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- Опубликовано: 4 окт 2024
- Welcome to The Honest Watch Dealer Channel - here to educate and entertain watch lovers from every corner of the globe.
As the Founder and CEO of The Luxury Watch Company (the Norths leading independent watch company) The Honest Watch Dealer gives the real-time perspective of an active dealer.
We’re constantly interpreting and analysing the daily trends of the luxury watch market, before consolidating, then broadcasting to our loyal viewers.
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Charlie (THWD)
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Never paying over retail, not a penny - it’s a watch not critical medicine or urgently needed supplies. My wrist won’t drop off if I don’t get one today!
Did you actually watch the video? Lol he was saying the majority of watches in this video are below retail
Good for you but then this doesn’t apply to you then. Got a problem with supply & demand go cry to your favourite watch company 😊
Charlie you come across as really honest, genuine, and sincere.
Your helpful advice is always very much appreciated.
I’d definitely buy a watch from you, and maybe I’ll do so in the future.
Thank you Nick really appreciate that!
Thank you for watching, and hopefully see you soon 🙏
You said that GMT Batgirl can be had in the grey market for 20-30% above retail price. But you have one listed for around £15.5k. That’s 70% above retail price. Please clarify.
Lol love it when you call people out and no doubt he won’t reply
He always replies.
is it really 70 percent? 15.5 is what they are priced at all over the UK on the grey market though. I tried one on a few weeks ago and it was going for that.
Apologies, I should have mentioned this is for an early pre-owned model. A brand new unworn example would be more of a mark-up above retail.
I hope this clarifies! 🙏
@@thehonestwatchdealer Thanks for clarifying!
Arse falling out of the market!!! love Rolex but this is becoming a load of bollocks
Hi Charlie
How are you? I hope you & your family & team are all keeping well & having a positive weekend. Another great video. But can you do a video on when a client wants to sell a watch & the current market price you would be paying & selling back on the open market as it gives a good understanding on what to expect i think it would be a positive video. Wishing you a positive, productive week ahead, Charlie best wishes 😊
Thanks for Watch Karl, hope you are well and have had a fantastic week!
I will see what I can do 👍
So according to you, you should buy everything from the grey market. This guy is an obvious salesman. Why would I pay over retail for a used watch? I never have and never will.
Glad to see the AK mentioned, I own the 116900, swapped down from a bluesie during Covid as I didn't know what would happen in my job etc.
I know it's unloved, shame really. I got comments on it instantly, where I feel the two tone sub was noticed, but was thought to be a bit showy
It is a very stunning model! You have to do what is right for you, definitely not a bad choice - enjoy it mate and thanks for watching 👌🏻
I watch a lot of channels that deal with the grey market but none of them are as clear and concise as The Luxury Watch Company.
Thankyou really appreciate that! 🙏
@@thehonestwatchdealer I may have to pay a visit to your place someday.
@@madam9736 You are welcome any time mate! 👌
Most of the 41mm DJ I’ve seen grey market dealers are selling them thousands over AD price
Some of the DJ models are incredibly popular yes 👍
I dont understand why anyone cant wait for a bit for the market to soften and then get watches below rrp. The market is still over inflated if ADs can play games.
I just don’t understand why the Yatch master is so hated.
Cos it's ugly. Simple as.
I would want it if I didn't have a breitling avenger that looks so similar. Where I think lies the answer. The yachtmaster doesn't have the history of the submariner to bring it to the top. Ym is competing against a lot of similar watches with only the brand name supporting it. I imagine a lot of people are like me where they want a collection diversified by brands as much as complications.
I had the YM Rhodium and for a while thought it was thhe perfect Rolex. Thinner than the Sub, beautiful dial, curved case. All those things still stand, but what made me sell it is I started thinking that the design looked a bit derivative/generic. The curves made it very elegant but also lost a lot of the design cues of the professional range. And the platinum bezel had no contrast with the rodium dial. The watch looked a bit generic. Still a fantastic watch, but does not sit in the same rank as the Subs, GMTs and Daytonas im my eyes.
I love it
Its not. Just sold one. Massive demand
❤ My Air King had the call last year when the newer model was released was under 6k,happy day's 🙏
Very nice! Congratulations on getting one, really great watch! 👌
FYI the skydweller is not a professional. It’s part of the classic line up.
Super love your updates. Thank you so much. For some of us in the watch game with the ADs this is super helpful. Cheers from Singapore.
Thank you mate, appreciate you tuning in every week! 🙏
why go to the Grey market for a yachtmaster when you are selling above retail and they are going down in value?
🎯 Key Takeaways for quick navigation:
00:00 ⌚ Consider the gray market for certain Rolex models; the Rolex Yachtmaster 40mm, steel and gold Sea-Dweller 43, and full 18-carat rose gold GMT Master II are available under or near retail price.
02:33 ⌚ Some Rolex models like the steel and gold Datejust 41s, Oyster Perpetuals, and Explorers are just over retail; consider gray market options to save.
08:05 ⌚ Hard-to-get Rolex watches like the Sky-Dweller, GMT Master Pepsi, Batgirl, and Sprite can often be found on the gray market with better availability and reasonable prices.
11:48 ⌚ Consider the Rolex GMT Master II Sprite as a potential sleeper watch for long-term investment, given its limited production and potential for future value growth.
Made with HARPA AI
👌🏻🙌
Recommending you pay £1500 over list for an OP. They will be available in the window or with a short wait soon
That’s honestly great news for a watch enthusiast who has been longing for an OP.
Highly unlikely in regard the more favourable colours. It would be nice, but it's pure speculation.
Yachtmaster such a underated watch.
I know it can't be compared with Daytona or Datejust.
Still it's a solid watch with a steady market lately.
Great video again Charlie 😎👍🏽
Thank you for watching mate appreciate it!
Yes they are a stunning range, a shame they aren't too popular.
Hopefully this will change 👍
Mate you never let us down great video and super selection of brand new watches , thank you for the advice and market update , see you soon 👍🏻💥💥
Thank you Paul, appreciate you tuning in every week! see you soon mate 👍
it is becoming clear: rowleks is reverting back to normal market of last 50 years: most models selling at 10-20% DISCOUNT off retail.
Happy days are here again! Good advice Charlie.
Thank you Paul, hope you are keeping well mate! 👌
Always appreciate these updates, Charlie. You are a wealth of information. Keep up the good work.
Thank you Eric, appreciate you watching every week! 🙏
Stop quoting last years stupid hype prices as if people are getting a deal now in comparison.
If a Yatch Master is being sold at list price by grey dealers, that means you’re buying them under list price. So if I’m in the market for one, why would I go to a grey dealer to buy one at list price? I might as well go and buy it from an AD where I know 100% the watch isn’t fake, and I can build up my spend, which in return allows me to purchase more in-demand watches at list. What benefit do I get from going grey? There are very little benefits to purchasing from a grey dealer. The only time it’s good to go grey in my opinion is if a watch is significantly cheaper to purchase, because it’s secondhand, or if it’s a discontinued model that you can no longer get from a AD.
Remember people. If everyone went grey and stopped shopping at ADs, grey dealers would have no new watches to sell!… always go to the AD first before considering going grey.
Many people already have gone to the AD only to come up empty handed.
Is this news to you??
Paul Thorpe just came out with a video within the last day from a visit to Geneva. He was in the airport at a Rolex AD and the sales woman laughed at him when he asked about getting a basic ladies 28 mm Datejust.
ruclips.net/video/Jo91gDRyhU4/видео.htmlsi=-FCSYb797PVEl05a
Love these videos. Walked into an AD and was offered the gold and steel sea dweller and I could hear your voice in my head saying don’t do it 😂
I think he mixes his offer price with his selling price on his videos. It gets very confusing. In the current market his offer price probably is only 20% over retail and thats for a brand new unworn left the AD this morning watch.
Thank you for the great videos. I’m into a two year wait for a panda steel Daytona.
Thank you mate appreciate it! Hopefully you get the call soon! 🙏
Is no one going to call out the false RRP claims in this video? The Yachtmaster Rhodium Dial is £10,350…It’s not currently under list and is a long way off becoming under list. This guy just wants you to buy watches from him rather than going to your AD.
Is it weird that I prefer the Black Sky-Dweller to the Blue?!?
I find the Black very SHARP! - especially on jubilee. I personally feel black brings what is considered to be a sports watch to stunning dress watch that pops off the white gold fluted bezel
It is not weird at all, it is stunning in black - most definitely makes it more of a dress watch 👌
Not at all. It is your taste.
Agreed with you until you dropped in the SD. White Jubilee still going for 17-18k for a 13k retail… buy a Black Bay and enjoy it whilst waiting for your SD??
Definitely a great alternative! 🙌
Hello, What do you think about the price trend of the Hulk, will it continue to decrease?
Hard to say at the moment, the whole range is correcting from the earlier highs. It will bottom out eventually, but hard to say when 👍
Go straight to the grey if you want to pay more for many Rolex models 😂
If you are saying you are just over RRP why go to the grey when you can go to an AD?😂 surely you would have to be under RRP to be worth and I feel a fair bit considering buying direct from an AD your getting a buying history and building up a spend if you pay 300 less from a grey you get nowhere. Plus your getting an AD guarantee on what you buy. If grey market and AD are neck and neck on price it’s a no brainer
I’m on multiple lists at this point. I saw someone reviewed two local ADs local to me and he said he had a short wait for sky dweller and sea dwellers. Said he waited less than two months supposedly.
So I went to both of those ADs who put me on the list. One said I won’t see one until at least Christmas and the other said 2 years.
So I said to them what did this guy here (showed them the reviews) do to get on the list? Neither of them could answer which tells me it’s an inside job. Completely! It’s a ridiculously stupid thing to deal with.
Ah yes sounds like something shady for sure!
Hopefully you get yours quicker than what they stated, and thank you for watching 🙏
@@thehonestwatchdealer no problem. I love your content. Maybe I’ll buy from you!
@@michaeldemarco899 Thank you mate appreciate that!
You are welcome any time! 👌
Good Video as usual Charlie, nice to see watchs coming down to a more sensible price
.
Thank you Simon glad you liked this one 🙏
The Yachtmaster master in Canada has a rrp of 14550 CAD after tax is like $16,441.50 CAD. That's $9651.08 GBP. I just bought one yesterday from the AD.
Congratulations on getting one mate! Stunning model 👌🏻
@@thehonestwatchdealer thanks. I love the channel. The Yachtmaster is overlooked for me. I don't think it's ever going to be a hype model but I don't care.
Love the YM 40mm with the Rhodium dial. Great looking watch on the wrist
It is a stunning watch! Hopefully they will grow in popularity 👌🏻
@@thehonestwatchdealer seems with Rolex especially people seem to buy what they are told to like rather than there own choice. Which I guess can be a positive for pricing as a watch dealer but a negative also occasionally. People should give this watch a go
Surprise surprise, two tones and precious metals.
Recently, RUclips started serving me this channel. So glad it did. Subscribed. Stay awesome! 🍻
Thank you Harry! Welcome to the channel 🙏
Great video. Love how you repeat things to reinforce the trends but add updates as the market changes.
Thank you mate appreciate that! Glad you liked it 🙏
Just want to understand the gmt production issue topic lil bit better.
Is there some more evidence except that reddit post speculating or do we actually have some more robust data which helps to back up that story?
Don’t get me wrong, I am in the lucky position to own a Pepsi (bought it on the grey for almost double the rrp but still worth it cuz the watch is amazing) so I am wouldn’t be against it if you know what I mean.
Love your videos please keep up the great work ❤
Every AD will ell you the same story as fact.
@@michaelturner7949sure they will but checking chrono24 there are more 2023 models available than e.g 2022, 2021 or 2020.
So that tells me people are actually getting watches even 2023 production year
Good advice as to Rolex watches that can be bought at a fair price.
Thank you mate, glad you liked it 🙏
I walked in to an AD in Tenerife last week and tried my luck….. got offered a Bi-metal Yacht master but didn’t take it as I don’t like the model however do you think they are trying to off load that?
Great Video Charlie… always makes my Sundays, and so pleasurable to watch. 👍
Thank you Rehan, appreciate you watching so glad you liked it 👌
I do like watching your videos. You present very well. That being said - I believe you would gain significantly more credit if you stop comparing current prices to last year. We all know it was an anomaly spike so discussing how “discounted” current prices are does you no favours.
Thank you mate appreciate that - and noted, thank you 🙏
PT hates the Rolex Yachtmaster, , but look at the Omega he loves 😱
Love the details. Thank you!!
You are very welcome! Thank you for watching 🙏
Thank you so much to reduce your accent in this episode. I love your videos!
Haha thank you! Appreciate it 🙏
Yacht master 40mm is £10350 in UK, I was offered one by AD a month ago but I didn’t buy it, still waiting for the non-date sub and celebration dial
Apologies, I got that one wrong. I hope you get the call soon! 🙏
Hi Charlie, what’s up? Pepsis from
the 2018-2021 years are worth less then the newer ones? If so, can you tell me why? Thanks for the content!
Thanks for watching mate, really appreciate it! Will probably come down to more time left on the Rolex warranty 👍
Charlie will you do a video on your thoughts on how bucherer acquisition will affect market?
It is on its way 😉
thanks for touching on the Explorer 36mm
You're welcome mate, thank you for watching! 🙏
INVALUABLE information!! Thank you!
Pleas do this as a regular segment on your channel.
I liked and also hit the bell.
Thank you for watching Joe,
Really appreciate it, so glad you liked this segment 🙏
How is the Rolex buy over of Bucherer going to affect the grey market? Thoughts please.
Have a video coming out soon on this 👍
Yachtmaster 40 is £10350 RRP
Apologies, my mistake! 😅
basically you are just telling the public to go to you and not the AD.. ok ok we get it. but if we get a good model from the AD we get to use that spend and hopefully get more, when prices go back up and demad shifts it wont help buying from the gray
Nice vid as usual gutted I pulled the trigger on a Bluesy from the AD though now, i wouldn't get back what i paid for it 6 weeks ago by chopping it in...😢
Thank you mate appreciate it! Hold onto it and should be good long term 🙏
I love the Yachtmaster, it is simply a beautiful watch ⌚️ fabulously built for girls & boys.
It is definitely a stunning range 🙌
Only the best most informative videos from big Charlie!!
Thank you mate! Appreciate that 🙏
That Root beer is gorgeous
Stunning watch isn’t it 👌🏻
really good video. I went and picked up a submariner 16613 and loved it! super mint condition.
Thank you Daniel, and congratulations on getting the Submariner! Such a stunning model 👌
All I want is a black OP 124300. Simple classy and elegant. Not doing the dance and I assume straight to grey when I eventually do buy.
Would be a great choice yea! Stunning watch 👌🏻
Charlie so look forward to your videos. Best Wishes from Pakistan...
Thank you mate appreciate that! So glad you like them 👌🏻
Great content Charlie absolutely love the sky dweller my favourite the mint dial
Such a stunning model isn't it Dave! 👌
Love the video! Super content along with a great presentation. Kuddos and thanks!
Thank you for watching mate! Glad you liked it 🙏
sorry I’m confused, you’re saying for the rhodium dial go straight to the grey for 12-13k when list is just over 10k??? 😂😂
Great video Charlie as always. What about SDDS James Cameron? Would like to hear your opinion on this please.
Thank you mate really appreciate that! Prices have come down a little recently, as with most models. Hopefully things will start picking up again soon!
Great model though!
Should i buy 31mm dj diamond slate with diamond bezel on jub from AD?
Very nice watch! If you are going to wear and enjoy then yes, if you are going for a quick flip it can be quite slow to move on, as the smaller watches are more desirable with lighter coloured dials 👍
Hey Charlie, can you please give your predictions on the yacht master 42 in titanium? How available will it be and the cost in the gray market once it's more available. Thank you 🙏🏻
Very hard to say until it start becoming readily available! Expect high prices at first 👍
great insight! may i ask, do you accept purchase from overseas(Singapore) and shipping it over?
Thank you for watching mate, I really appreciate it.
Yes so you can contact us direct through our website:
www.theluxurywatchcompany.com
And we can take a look at your options.
@@thehonestwatchdealer thank you for the reply, i’ll do so then 😎
Always clear on your explanation. Thanks a lot...
Thank you mate appreciate that 🙏
Another great video, thank you for doing these. Can you comment on the Rolex Deepsea Challenge 50mm? Thanks!
Thank you mate appreciate that! I covered this one in one of my earlier shorts, did you see that one? 👍
RRP on Yachtmaster is £10,350.00 not £11,350.00. You really should know this, disappointed
Apologies Tom! Got that one wrong 😅
Why just the batgirl and not the batman?
Quite considerably harder to get form the AD 👍
What are your thoughts on a 126718 GRNR please
How about the 136660 blue dial?
Stunning watch, though prices have come down a little now and settled around list 👌
Nice video as always but is our boy wearing makeup under his right eye? What happened? Some ADs making a hit looking for 12 month waitlists and RRP on smooth bezel datejusts?
Thanks for watching mate! And no, no make up 🤣
Like your honesty no BS like your Daytona 👌🏼
👌🏻 thanks mate appreciate that
Great content as usual. Hopefully soon I will be able to purchase yellow gold Daytona with pikachu dial from the grey market at retail price 🤞
Thank you mate appreciate that 🙌 Maybe one day, who knows!
Brilliant vid Charlie when I am in the market for a rolex I'll be paying you a visit
Thank you mate appreciate that! Look forward to seeing you! 👌🏻
Thank you for the video this helped me made my decision!
You are very welcome, glad to have helped! 👍
Awesome video! Thanks for the insight
Thank you Anthony! Glad you liked this one! 🙏
Great insights, I'll definitely consider the grey market now! 👍
Definitely a great option! Appreciate it 🙏
I simply dont get it. Why on earth would anybody buy from the grey market?? I bought mine from the Rolex AD. Simple.
Lol i agree with you but did you miss the whole point of the video? Because most people can't or don't want to wait
Thanks Charlie good video
Thanks Henry! Appreciate it 👌🏻
Thanks for the AirKing comments. I love mine.
Great watch! Enjoy it mate 🙏
Noticed you didnt mention the new two tone gmt, yellow gold and steel
I’ll try and cover this one soon!
Best Rolex channel ever!
Thank you mate appreciate that! 🙌
I’m going straight to the grey!
🙌
Is he offering full gold GMT Rootbeers for 32k?
I’ll never go to the grey unless it’s discontinued. FOH
Great advise Charlie. I've bought the Daytona panda and the OP41 with the yellow dial on the grey becase both were hard to get and now discontinued pieces. I do get from time to time some nice pieces from the ADs like most recently I got the submariner with the new green bezel mark 2 so I'm happy about that. However, I've been trying to get a pepsi jubilee and a batgirl for years and haven't been able to get them from any of my ADs so I think I'm pulling the trigger on a pepsi jubilee soon. I'm tired of waiting for it and who knows what's going to happen with the manufacturing issues with that piece. Great content as always!
Great to hear you got the MK2 congratulations, and sounds like you have a stunning collection!
Hopefully you will get the call for a GMT soon, keep chasing them!
Thank you for watching mate, appreciate it!
This is the way to go! Rather pay a bit more and have your dream watches instantly than waiting for years and years and if, at all, you eventually get one from the AD, the retail price already climbed up $ 8,000 😅
Other than the OP, you have done well!
@@RootBeerGMT It’s ok to have differences in taste. OP41 with the yellow dial is amazing. It’s one more in the collection.
Is it possible to get the pepsi get for retail?
On the Grey Market Not at the moment, who knows what the future may bring though!
Love the honesty
7750…equivalent automatic K from 1947
28…rounds of rock and roll 🎸
My will for my great grand kids… 10m commercial / 2m residential and 5m s&p500.. MY MOST PRIZED ITEM!! 7750 from my cold dead hands… the movement I timed for every 30min open house and 8hour sleep every night😘…..3 full rebuilds so far !!!
Absolutely stunning! Take good care of that one - thought it seems you have been doing! Enjoy it mate 🙌
How much is a new pepsi 2024 worth with oyster braclett brand new.22K?
If you want to get in touch via the website, we can take a look for you.
www.theluxurywatchcompany.com
Honestly, if you only plan to buy one watch you’re entire life, sure. If you plan to buy more than one, this is terrible advice. Pay list and start your relationship for the next. Nothing beats being the first owner.
Straight to the grey,for you guys.
Print that T-shirt
One watch I haven’t heard about in a while and that the Yacht Master 2 in steel. Has it become the forgotten Rolex.
The market has become quite small on this model currently, hopefully this will turn around and it will gain in popularity again 🙏
@@thehonestwatchdealer I tried it on some time back and even being a 44mm, it sat on the wrist really well.
@@malikkhan4039it is a really great watch! Looks great on the wrist doesn’t it 👌🏻
If us buyers didn’t go to the AD and do the dance to buy watches you would have nothing to sell. This video is funny, if everyone followed your advice, you’d only be selling half of what you do.
That's a bit like saying if people did not go to the car show room to buy their shiny new Audi, BMW or Mercedes, used car dealers would have nothing to sell.
Grey watch dealers existed long before the 2016 Rolex hype bubble kicked off.
When customers buy their shiny new Rolex, they often get bored in a few years especially if they need it for validation or to show off. In comes the grey dealer to free up some cash and they go to buy a new one.
Fantastic content, Charlie!
Thank you Michael! Glad you liked it 🙏