@@david.9633 same - hate it when an watch is placed face up resting on the bracelet. Should be placed crown up on a velvet tray. You see it with grey market and have it at AD's as well when I'm trying on watches and have a look at mine and put it back down.
Every time I see people handle watches like that makes me never want to buy a used watch. As for placing the watch on the bracelet one time I was trying on a watch I had placed the one I was wearing crown up on the tray. The sales lady moved my watch to face up on the bracelet while I tried theirs on. Since then if I really want to be sure it won’t happen again I just put my own watch on the other wrist while I try on the other watch.
60k for that nautilus is a joke lol. Also, don't dealers always tell customers to not use Chrono24 to define prices of the watch market when customers want to buy a watch for cheaper but when it comes to a customer selling a watch, the dealers want to use chrono24 to show the customer how cheap they're going for?
He didn't strike me as someone who was buying watches purely to quickly sell on at a profit. He just wanted to sell part of his collection....nothing wrong with that IMO.
Man this strategy is getting stale. They lowball people wanting to dump their watches then act like they are doing you a favor offering you consignment where they get your watches for free and make money on them. They pay nothing for the watch. Then they mark the watch up to make a profit and the owner takes ALL the risks 😂
Consignment is a con, 1st they price the watch higher than identical ones they have in stock , which sells theirs more, they will then contact you and ask you to reduce the prices. Also more importantly you are letting them have your watch for nothing , if they go bust , your watch is gone. Consignment means the dealer doesn’t have the cash
I personally thought the opposite from this video. I bought a Rolex datejust diamond dial with jubilee for 13k and they are claiming to give the guy 12k on consignment for a less sought after watch (oyster bracelet) the profit margin is well under 10% there and that’s assuming they get the same price I paid for mine which they probably wouldn’t. My take away is that they want people to think they pay a lot for watches to tempt them to try and sell them.
@@Jasperroodogwon’t be long before a few grey dealers go bust I can’t see how they are making any money at the minute with all the staff overheads & the expensive stock they do have is prob worth less the when they originally bought it.. time will tell.. pun intended
@@connor7162 Consignment might only mean 10% profit for the dealer, but you also have to factor in the dealer has no capital at risk. They do not have any money locked up in the product. The dealer has nothing at risk and will make 10% profit regardless of what the watch sells for.
These guys are looking to get around 25% profit which is quite a lot especially on watches like the Bluesy that they can sell very quickly. It’s just not worth loosing so much money selling to a grey market dealer.
So sad, he looked at that 5712 like it was absolute rubbish. By the way, a dealer should be refurbishing the watch after buying it, not asking the seller to.
It’s really not that serious, don’t be so precious, even the AD do that with brand new watches all day. Calm yourself down it’s literally just a watch mate
The blue sub - they offer 12k and look to sell them at almost 15k - canny profit! No need to buy on the grey market now, loads of Rolex available - even in airports.
I got offered an explorer ii (declinded ) within a month and a sea dweller43 within 3 day which I bought. People are getting subs quite fast. Would I hell be paying over list for one.
A salient lesson to anyone who thinks buying a Rolex is a solid investment. He's just been done up the wrong'un and they didn't even have the decency to use lube.
I'm in two minds about "investment" watches. There are rare watches increase in value, but I can't get my mind around how a mass produced model fits the concept of rare. Hype yes, rare no.
@@disgruntledoflondon - I've owned 2 Rolex and I bought them both to wear not as investments. I got rid of them both a short while ago as I got sick of the negative connotations with owning them. I've now got a Grand Seiko which suits me far more. It's incredibly high quality, beautifully made and utterly understated which is what I want at this stage of my life. I'll leave the obvious watches to the younger flasher lads as that seems to be who Rolex are targeting now.
@@JammyDodger45 Very good point about Grand Seiko, they are beautiful and extremely well made. For me, the concept of a normal Rolex being an investment is not logical. They are watches to be worn, like Omega's etc For me an investment watch would be a rare piece. Limited edition, not designed to be worn or an old watch with some special providence. The whole any Rolex being an investment piece whiffs of a pump and dump scheme.
I don't understand why you'd go to a dealer to sell a watch. Using them to track down a watch you can't find perhaps, but not sell. You'll get much less than you would by selling the watch yourself, even if you PX.
I would suggest that the convenience offered by a dealer such as Watchrader is the main attraction. Many people don't want to have the hassle and stress of selling a watch themselves. At the end of the day it is good to have choices.
I agree it's good to have choices, but I struggle with the price difference between the dealer and doing it yourself which can be substantially different. I tried to move on a watch I had last year via dealer (admittedly a different dealer, but one we'd all recognise) and was offered over £2,000 less than I achieved by doing it myself. The only things I had to do was take a few pictures, make the listing and post the watch. I don't think the convenience of not doing those quick tasks is worth the £2,000 but each to their own. @@philipwood1736
Only if you brought them for the wrong reasons, which you obviously did. No financial advisor will tell you to invest in watches. But then because you love them and can afford them and then the fluctuating market doesn't matter one way or the other
@@Thevoiceofreason8415K I was offered the rootbeer two tone 2023 and that was negotiable 2021 rootbeer 14,250 again negotiable, anyone paying these prices for these RUclips/Instagram watch companies is crazy, you have to be financially illiterate as even basic research online and you can see the prices are way lower
Is consignment a guaranteed return on the price you quote? Like if you say "I can return 13,150 on consignment" does that mean you 100% will return 13,150, it's just a matter of how long that takes?
Just tried entering DOTW on the website but the codes don’t work, only after 29mins of the video going live. Either someone beat me to the punch or the codes don’t work.
I'll be honest, the Deal of the Week segment doesn't feel the same without the jingle at the start. DEAL OF THE WEEK SMACK SMACK DEAL OF THE WEEK SMACK SMACK
All these know about watches is popular terminology and different numbers. Couldn't say a thing about the horology/history about most the watches they have.
Love him or hate him, Archie Luxury (Paul Pluta) has been saying it for more than 10 years. 'DON'T BUY HYPE WATCHES OR BLINGED OUT WATCHES EVEN IF THEY'RE FROM ROOOOOOLEX' (The guy should not have sold the bluesy... Archie likes the AirKing also... but you don't sell your blues)!!!!!! And that TAG is a Shittttttter!!!!!!
A few things bother me. First, these are new unworn watches (with stickers) but the gentleman keeps pressing his fingers on the dial every time he speaks. The watches are laying flat, so every time the gentleman pushes his fingers on it, the metal of the bracelet rubs against itself..metal to metal. Hey, no big deal if you own it, but it's a watch for sale with the claims of never being worn. Second. Why are they not wearing gloves? Lastly, why are they handling these unworn watches at all? They should be filmed in their boxes. For these reasons, I would have a hard time buying a new "unworn" watch from these guys. Nice content. I enjoy your videos. I just wanted to add my 2 cents. Cheers!
Times are tough! Prices keep DROP DROP! DROPPING!!!!! This is what happens when you watch too much RUclips and get suckered into buying watches just for “investment”. No more black hoodies and leather backpack bro’s
I’ve seen a few of your videos now and I’m beginning to conclude that there’s some serious money washing around the north east these days!! You lot must be trolling us with this north south divide talk. Lol.
The guy selling all his two tone Rolex trying to get rid of the crap he was suckered to buy just to get a steel sport Rolex, perhaps a Pepsi or Daytona. Either way he lost money right here during this recording
All these arguments being thrown around just to push the price down is ridiculous. I get the dealer, buy at bottom. But don’t fall for it as a seller, the same arguments they use to push the price down will be revearsed to push the price up once they sell it. “Diamond dial is a hard sell, it pushes up the price, not good value for money and not everyone is into diamonds ” at sell becomes “diamond dial makes this watch unique and with factory diamonds the value goes up a lot, that’s why it costs more”. I could go on all day 😂
He wouldn't tap his hand on my watch like that. He didn't buy anything .The deal would be off. Straight up!!! . Very rude .. Dude should've gone to eBay. Or reputable auction house.!!.
''Never been worn'' gold links scratched all up - Guy is smacking the watch with his finger loose on the table lol
It was hard to watch, I cringed.
@@david.9633 same - hate it when an watch is placed face up resting on the bracelet. Should be placed crown up on a velvet tray. You see it with grey market and have it at AD's as well when I'm trying on watches and have a look at mine and put it back down.
Every time I see people handle watches like that makes me never want to buy a used watch. As for placing the watch on the bracelet one time I was trying on a watch I had placed the one I was wearing crown up on the tray. The sales lady moved my watch to face up on the bracelet while I tried theirs on. Since then if I really want to be sure it won’t happen again I just put my own watch on the other wrist while I try on the other watch.
60k for that nautilus is a joke lol. Also, don't dealers always tell customers to not use Chrono24 to define prices of the watch market when customers want to buy a watch for cheaper but when it comes to a customer selling a watch, the dealers want to use chrono24 to show the customer how cheap they're going for?
Exactly LOL, what a joke
Rats
These dealers are scums lol
They are all scammers! Looking to make a quick $$$$
Selling a whole collection. Sign of the times.
Bailing before his flipping costs him dear 😂
Would love the AirKing for £5100 😮
Bubble popped
Obviously overpaid and over committed
Consignment = dealer hasn’t the money to buy the watches
Love seeing a flipper getting flayed 😂
He didn't strike me as someone who was buying watches purely to quickly sell on at a profit. He just wanted to sell part of his collection....nothing wrong with that IMO.
@@philipwood1736clearly a prospector thinking he was buying investment and NOT what he liked to wear
Man this strategy is getting stale. They lowball people wanting to dump their watches then act like they are doing you a favor offering you consignment where they get your watches for free and make money on them. They pay nothing for the watch. Then they mark the watch up to make a profit and the owner takes ALL the risks 😂
Consignment is a con, 1st they price the watch higher than identical ones they have in stock , which sells theirs more, they will then contact you and ask you to reduce the prices. Also more importantly you are letting them have your watch for nothing , if they go bust , your watch is gone. Consignment means the dealer doesn’t have the cash
I personally thought the opposite from this video. I bought a Rolex datejust diamond dial with jubilee for 13k and they are claiming to give the guy 12k on consignment for a less sought after watch (oyster bracelet) the profit margin is well under 10% there and that’s assuming they get the same price I paid for mine which they probably wouldn’t. My take away is that they want people to think they pay a lot for watches to tempt them to try and sell them.
@@Jasperroodogwon’t be long before a few grey dealers go bust I can’t see how they are making any money at the minute with all the staff overheads & the expensive stock they do have is prob worth less the when they originally bought it.. time will tell.. pun intended
@@connor7162 Consignment might only mean 10% profit for the dealer, but you also have to factor in the dealer has no capital at risk. They do not have any money locked up in the product.
The dealer has nothing at risk and will make 10% profit regardless of what the watch sells for.
I honestly think you have no brain if you really think that, consignment is the closest thing to selling yourself which is the best option
These guys are looking to get around 25% profit which is quite a lot especially on watches like the Bluesy that they can sell very quickly. It’s just not worth loosing so much money selling to a grey market dealer.
Yeah they offered him 12k for bluesy and atm their going around the 14-15k range depending on condition and age
The question is whether it’s worth your time effort and risk dealing with scammers etc just for a couple extra grand
So sad, he looked at that 5712 like it was absolute rubbish. By the way, a dealer should be refurbishing the watch after buying it, not asking the seller to.
I really hate when they set the watches down on the bracelets. That just scratches the back. I NEVER do that with my collection.
It’s really not that serious, don’t be so precious, even the AD do that with brand new watches all day. Calm yourself down it’s literally just a watch mate
The blue sub - they offer 12k and look to sell them at almost 15k - canny profit! No need to buy on the grey market now, loads of Rolex available - even in airports.
I wonder how many people are going straight to grey without inquiring too their AD.
Yup these folks look sketchy as fk…
I got offered an explorer ii (declinded ) within a month and a sea dweller43 within 3 day which I bought. People are getting subs quite fast. Would I hell be paying over list for one.
Nonsense, you ain't getting subs in airports and the difference between 12k buy in and 15k isn't 3k profit.
There are Rolex watches available in airports - Dubai always has a couple on sale. Why is 15k - 12k not 3k? I don't understand.@@carlmoulton5719
This ones never been worn, as he beats the shit out of it with his finger.
A salient lesson to anyone who thinks buying a Rolex is a solid investment.
He's just been done up the wrong'un and they didn't even have the decency to use lube.
@@let0atreides - or Rolex money into Blockbuster shares would see you living on the street!
But I'm with you on this one 😁
Brave man choosing consignment
I'm in two minds about "investment" watches. There are rare watches increase in value, but I can't get my mind around how a mass produced model fits the concept of rare. Hype yes, rare no.
@@disgruntledoflondon - I've owned 2 Rolex and I bought them both to wear not as investments. I got rid of them both a short while ago as I got sick of the negative connotations with owning them.
I've now got a Grand Seiko which suits me far more. It's incredibly high quality, beautifully made and utterly understated which is what I want at this stage of my life.
I'll leave the obvious watches to the younger flasher lads as that seems to be who Rolex are targeting now.
@@JammyDodger45 Very good point about Grand Seiko, they are beautiful and extremely well made.
For me, the concept of a normal Rolex being an investment is not logical. They are watches to be worn, like Omega's etc
For me an investment watch would be a rare piece. Limited edition, not designed to be worn or an old watch with some special providence.
The whole any Rolex being an investment piece whiffs of a pump and dump scheme.
All consignments haha, no confidence in the watches at all
He’s asked you how much you’re looking for, and you’ve actually told him? I’d give up flipping for life mate.
How do you get a dual-tone sub with stickers? Don't AD's remove them?
At 8:34 he says condition is literary brand new… bro common hahah it’s polished to death and even the bracelet has big stretch
I don't understand why you'd go to a dealer to sell a watch. Using them to track down a watch you can't find perhaps, but not sell. You'll get much less than you would by selling the watch yourself, even if you PX.
I would suggest that the convenience offered by a dealer such as Watchrader is the main attraction. Many people don't want to have the hassle and stress of selling a watch themselves. At the end of the day it is good to have choices.
I agree it's good to have choices, but I struggle with the price difference between the dealer and doing it yourself which can be substantially different.
I tried to move on a watch I had last year via dealer (admittedly a different dealer, but one we'd all recognise) and was offered over £2,000 less than I achieved by doing it myself. The only things I had to do was take a few pictures, make the listing and post the watch. I don't think the convenience of not doing those quick tasks is worth the £2,000 but each to their own.
@@philipwood1736
Can’t believe that Nautilus was going for 130k thats just f*ckin mad
The f****** idiot didn't sell it then with +100% profit 😂
Watches were my worst purchase decision of the last few years
what watches did you buy? I think many of us in the same position
How did you not see the down turn coming..😂
Only if you brought them for the wrong reasons, which you obviously did. No financial advisor will tell you to invest in watches. But then because you love them and can afford them and then the fluctuating market doesn't matter one way or the other
It’s getting better times for all us collectors anyway, I am now being offered two tone rootbeer for 14K
I paid 15995 in December 2023 unworn 1 month old , What year was the one you speak of and from where ?
@@Thevoiceofreason84 2023 unworn, the watch market is falling fast
@@Thevoiceofreason84I just got brand new 2024 for 15750 😮💨
Liar.
@@Thevoiceofreason8415K I was offered the rootbeer two tone 2023 and that was negotiable 2021 rootbeer 14,250 again negotiable, anyone paying these prices for these RUclips/Instagram watch companies is crazy, you have to be financially illiterate as even basic research online and you can see the prices are way lower
F the grey market and flippers.
Loads of rolexes now available at rrp
That was quite the deal on the Black Bay Pro.
How much did that ruby day date sell for? Lovely looking watch!!
Did you sell the Tudor BB pro or did this deal just expire?
This one sold straight away - we have more available, feel free to contact us via our site and we can assist you. Thank you
Is consignment a guaranteed return on the price you quote? Like if you say "I can return 13,150 on consignment" does that mean you 100% will return 13,150, it's just a matter of how long that takes?
The return amount is the agreed amount that the seller will receive after the sale is completed.
@@Watchtrader thanks for the info 🙏
Getting skinned
buying a watch and never wearing it... lame.
That's the day date platinum dial very very exceptional and distinct for the iconic Rolex
When people have a we think about it how many times do they come back and say deal?
Just tried entering DOTW on the website but the codes don’t work, only after 29mins of the video going live. Either someone beat me to the punch or the codes don’t work.
Hi Craig, the Black Bay Chrono is still available. BB Pro has gone!
Today in Amsterdam airport a Chinese fella buys a Rolex and said to the staff just keep the box and give me a bag! He did take the guarantee though!
U expect him to lug a 300 box around?
Like a peasant like u??
Ha! Thats mad lol
Doesnt want to pay duties on the way back obviously, he is gonna wear the watch and dodge the customs agents.
@@vinceslapchopperisn’t it duty free though in international terminal.
@@harrymajarian9680 Yep no probs taking a watch bought at duty free into China
Another "investor" goes back to Casio!!
I'll be honest, the Deal of the Week segment doesn't feel the same without the jingle at the start. DEAL OF THE WEEK SMACK SMACK DEAL OF THE WEEK SMACK SMACK
All these know about watches is popular terminology and different numbers. Couldn't say a thing about the horology/history about most the watches they have.
Show us a video of the new ref gold daytona with champagne dials/black sub dials pleeeassseeee i love that watch
800 for a Tag…what a POS
If I hadn't already purchased a Black Bay Pro, I would be all over your DOW!
Buy dear sell cheap. The mug's mantra!!
Love him or hate him, Archie Luxury (Paul Pluta) has been saying it for more than 10 years. 'DON'T BUY HYPE WATCHES OR BLINGED OUT WATCHES EVEN IF THEY'RE FROM ROOOOOOLEX'
(The guy should not have sold the bluesy... Archie likes the AirKing also... but you don't sell your blues)!!!!!!
And that TAG is a Shittttttter!!!!!!
"I'm a watch dealer"
Thank you for the episode
Thanks for tuning in!
Reamed out.
🎵*sad trombone sound*🎵
If history taught us anything NEVER NEVER consign
Why? Is it a risk or just a scam?
A sure sign of the times
Bubble popped 😱 Tudor has dived bombed 💀
A few things bother me. First, these are new unworn watches (with stickers) but the gentleman keeps pressing his fingers on the dial every time he speaks. The watches are laying flat, so every time the gentleman pushes his fingers on it, the metal of the bracelet rubs against itself..metal to metal. Hey, no big deal if you own it, but it's a watch for sale with the claims of never being worn. Second. Why are they not wearing gloves? Lastly, why are they handling these unworn watches at all? They should be filmed in their boxes. For these reasons, I would have a hard time buying a new "unworn" watch from these guys. Nice content. I enjoy your videos. I just wanted to add my 2 cents. Cheers!
^ exactly this, one of the reasons why I only go to ADs
Enjoyable video guys.
Glad you enjoyed it
I agree. When I got my OP Date I sold my Aqua Terra. Prefer the dome bezel and Oyster but that's a personal thing. Nice comparison 😊
Bunch of scammers
are these the guys that sold "after market" dials? lol
consignment, have these people learned anything......
There it goes the "bubble profit" of the original owner 🤷🏻♂️
Times are tough! Prices keep DROP DROP! DROPPING!!!!! This is what happens when you watch too much RUclips and get suckered into buying watches just for “investment”. No more black hoodies and leather backpack bro’s
11k for a seadweler gold line???
That’s taking the piss.. they have had a price increase to nearly 16k new a few weeks ago
Bro hat 8:33 the day date is round like a soap hahaha „polished ones“ hahaha it looks awful
Thank you for pronouncing my name correctly. Its pronounced Tuder.
Why not sell them individually todifferent people
I’ve seen a few of your videos now and I’m beginning to conclude that there’s some serious money washing around the north east these days!! You lot must be trolling us with this north south divide talk. Lol.
It’s because a house up there costs about a tenner
What AD sold this character these watches? He seems like he’s tweaking off something!
Coulda sold for £130k and didn’t. Oh boy.
The guy selling all his two tone Rolex trying to get rid of the crap he was suckered to buy just to get a steel sport Rolex, perhaps a Pepsi or Daytona. Either way he lost money right here during this recording
All these arguments being thrown around just to push the price down is ridiculous. I get the dealer, buy at bottom. But don’t fall for it as a seller, the same arguments they use to push the price down will be revearsed to push the price up once they sell it. “Diamond dial is a hard sell, it pushes up the price, not good value for money and not everyone is into diamonds ” at sell becomes “diamond dial makes this watch unique and with factory diamonds the value goes up a lot, that’s why it costs more”. I could go on all day 😂
👏🏻👏🏻👍🏻
No one is buying that Sub at list. No one. Give me a break
He wouldn't tap his hand on my watch like that. He didn't buy anything .The deal would be off. Straight up!!! . Very rude .. Dude should've gone to eBay. Or reputable auction house.!!.
Can't watch Jon. He can't help not lowballing with a polish - it's amateurish
What a dummy. Don’t tell these guys what you want for each watch.
Why would anyone buy Tudor rubbish?
What losers
NKUWAN 's watches are worth it！