A couple of years ago I got "the call" on a DSSD. I went in, saw it, but found it the wrong dimensions. I passed on it without any concerns about doing so. A week later I got a second call to come in and buy the SD43. Much better choice. Don't be afraid to say no to the AD if it is not what you want.
😂😂😂😂 Different tune Today! I came to hear Charlie boy tell us he sold 10 subs in a week! Now Rolex has gone pot! And these dealers are running off with 2 million in inventory consignments. The jiggs up!..just wait for the Ads to call. People are actually walking in and picking up models in boutiques with no purchase history the last 3 months. The luxury market is down period, 4th quarter of 2023 everything will be way under list.
The full rose root beer is way under list no one taking them, Batman is already going that way, to follow suit is the Pepsi batgirl and the olive daydate next few months, Christmas time when they ads give out even more is when we will see a bigger fall in prices 🫡
@hoareology9325 Exactly bang on the money Lol. But these dealers videos appeal to the ones not in the know. Hopefully ppl use their common sense and just wait two months, it's as simple as that.
The Daytona Ghost looks amazing!! Can’t believe at the peak, the Panda would have been trading higher than any of the full precious metal Daytona. Insane! Thanks for the content and video.
What about Rolex submariner black face no date nowadays as far a holding value or losing money if purchased new? In the USA, retail is about $9,600 USD nowadays, and very difficult to actually get new from a Rolex authorized dealer in the USA. You need to wait about 10 to 12 months to get it if you are lucky. thanks.
Stunning model and the no date is becoming more popular now instead of the Date variant. A true Rolex classic and should always hold its value really well 👌🏻
Hey Charlie, Thank you for another insightful video. I really enjoy your channel. I have a few quick questions: 1) I am based in the US and am on the list for a few different Rolex models. The Chocolate Roman Day-Date 40 and the Sundust Index Markers Datejust 41 (Fluted, Jubilee). These would be my first two purchases with the AD - any idea on how long I may be waiting for these? 2) I went in to an AD a few weeks ago and they had a Yacht-Master Paved Everose Oysterflex. I was never a fan of the diamond dials but this one has such a nice balance. I’m just curious of the market for these - are these readily available in the market? Does Rolex make many diamond paved dials? Is this one you think they’ll continue to make in the future? It’s cool when something holds value but I wouldn’t be buying it for that reason but rather because I want to enjoy the timepiece. I just want to know if this is something I should jump on or may have the opportunity to attain in the future. Thank you for your advice!
Thank you mate I really appreciate you watching! Stunning models to aim for, not sure on the wait times it would depend on your ADs allocation and the wait list they have. Would be best to speak to them and see what they say! The pave dial is a stunning model, should be a great long term hold but to get from the AD currently it would be slightly underlist as there is a very small market for this watch 👌🏻
Went into my Rolex AD yesterday when they opened and they had the Everose Yacht Master for sale. Maybe it's just me, but this was probably the most attractive watch I've ever seen. The online pictures don't do it justice. The gold is subtle yet stunning to look at, and the watch face and bezel are very reserved and easy on the eyes. It's simplicity perfected. The rubber strap completes the look.
@@mikelewis2456 I tried buying it man, The store would let me put 14K down and I could pay the rest off with 3 months of 0 interest financing… but my credit score was denied for some reason (and I have really good credit). I passed it up in the end. Very good ADs in my area, they honor the in person experience and put the product on shelves rather than pushing a wait list. I’ve walked in on many Datejusts with fluted bezels and jubilee bracelets with no 6 month wait at all! Just from a week of stopping by on my lunch break! I’m just holding out for a Sub to be put out eventually 😊
Very good advice. I totally agree about saying no to a watch you dont want. I have done this with my AD and still been offered another watch at a later date. I buy mine to wear and enjoy. Dont be afraid to say no to a watch that is not on your list.
I am scammed forcing me to buy a skydwellwr oyster flex strap champagne dial . Seeing it self I realized I am losing money on it but am not buying to sell ever . Hope AD doesn’t cheat me will give me the promised Daytona
You grey market dealers always at it. If I had the choice of a 2021 yacht master in white gold on oysterflex for 23,950 or the same watch 2023 from the AD I’m getting it from the AD for 25,600. I have 2 more years on the warrant which is worth more to me.
Or buy the watch on grey market at a discount then put it in for service when the warranty runs out. That's another two years warranty and still cheaper than buying from AD without the wait.
@@thehonestwatchdealer I think it retails for $46k and they said they would take $41k. I told them it is to flashy for me but if I know someone looking I will send them their way
Still waiting for my YM40 and on list with several ADs I have purchase history with… it might not be super popular but also not a model they receive a lot… worth noting: you need the specific straps to have it sized correctly and when buying grey you might not get those. Buying straps later on costs a few hundred plus also the chance of getting a fake…
Hopefully you get the call soon! You are right about the straps, however if you deal with a reputable dealer they will have the assorted genuine straps available to make sure it fits 👍
It is really astonishing to me that guys with means don’t just buy ther watches overseas instead … I mean just go to either Ljubljana or Belgrade and get ur watch within months wo prior purchase history …😂
The Sky Dweller in Blue is ridiculously hard to obtain at an AD. Better to just buy that at grey as else you'd need to spend a royal fortune and then some.. to even be considered. Insane.
Reason you see so many Daytona SS models on the gray market is cause ppl are put off by how small the watch is in real life. Wears more like a 38mm watch
I wouldn’t say people are put off by it but totally agree, wears very small. First time I put one on I was expecting a bigger footprint but nonetheless it’s a phenomenal watch!
Yep. My 7.5" wrists will never be sporting the Daytona, even at RRP. Way too small. Though I would happily pull the trigger if I got the call and sell it on to my smaller wristed brethren for a tidy profit. ;)
Base on true story. Your every word is honest. Great video. My first is Pelagos39mm and next is Explorer 40mm. I know that it's game from AD but's it long journey to be dream come true for "First Rolex from AD". When I must to have a Daytona or GMT. I walk to your store certainly.
I'm in the market for the Yachmaster 40 Rosegold Oysterflex. Do you think that the grey market price will keep going down? Possibly even to 2020 levels?
This may not be the right place to comment but I had been looking for a 41 Datetime in green with this colour bezel and that colour blu-tooth. OK I'm joking but I'm 80. Charlie told me he thought the colour was a nice match and that he'd look. I kept looking at his site and saw a Wimbledon 41 (clue they're not green)and I thought that looks even nicer. If you're going to spend a lot of money then do it quickly. My watch arrived this morning and I have never seen anything more elegant (just teetering on the edge of bling). He got the £££ and despatched the watch the next day and it looks twice as nice in the round as it did in the picture . It Is also incredibly comfortable. Thank you for the speed - the lack of drama and (oh) taking my money. Point of this story the grey market might be much better for you
Haha thank you for the comment George! Pleased to hear you got your watch and you’re happy with it. Such a stunning model, enjoy it my friend! You were a pleasure to deal with and I hope to hear from you again! 🙏
Unfortunately, you would likely lose money, however, if you like it we’d always recommend buying it! Wear it and enjoy it mate, that’s what the watch industry is truly all about 🙌🏻💯
It is surprising that the Explorer 2 isn't in greater demand. With its fixed bezel the E2 is arguably the most rugged workhorse in Rolex's stable. There's also considerable disparity in used prices. Two 216570 models, exactly the same, and you can have prices ranging from 7k to 11k.
@@thehonestwatchdealer Evening Bob When I was soldiering, I bought an Explorer 2 for £376 in 1976 because the winder had strong shoulders to protect it. It took a hell of a beating and served me well for over 40 years. I sold it to a dealer in 2019 for £11,000 and replaced it with a new Explorer 2 costing £6250. The old model is now selling on the open market for over £25,000. As I said, with the fixed steel bezel, I reckon the E2 is the best work-horse in Rolex's stable. But fashion is king!😊
Literally got offered the YACHT-MASTER oysterflex 42mm last week from the AD’s after putting my name down for a submariner, they called me the day after offering me the watch
The UK Rolex RRP is just so expensive...The Rose Gold Yacht-master 40 in Japan for example is £18,500.00 RRP...But also remember when you get the oysterflex watches, there are various lengths of oysterflex from C,D,E,F,G etc and getting the right length will cost abit more.
Only good information on this channel, Spot on every episode, To the point, No BS. The most informative watch channel on RUclips for current market info. The buys are don't buys recommendations absolutely on the money. Compliments too Charlie and the team.
Can't put a value on this kind of knowledge and information, thanks for sharing it as always Charlie. A couple of questions if I may : (1) Where does the rhodium dial Yachtmaster sit in all of this ? Had my name down for one and was offered it last year but had to pass as the timing wasn't right and starting to wonder if I maybe dodged a bullet. Still keen to buy one at some point though. Thoughts ? (2) I know in the old days a lot of the AD's dumped their unsold stock into the trade directly via grey market guys such as yourself. Is that happening yet ? If not, do you think it will happen? Take it easy Sir and long may you keep churning out the videos.
Thank you for watching, really appreciate it glad you learn from them! Yes I would say you did! It’s a tough seller that one, though a really stunning watch! This has not happened yet, who’s to say if it will, we shall see! 👍
@@thehonestwatchdealer Under list then you reckon Charlie ? I've tried one on and it's a stunning piece as you say, and I'm a great believer in buying what you like but I also like to go into things with my eyes wide open.
@@ronaldJ262 Probably just under or around the same depending where you go. If you are going to buy to wear and enjoy though as it should be it shouldn't make much difference! 👌
I have a quick question for you. If I bought watches from the gray market and wanted to buy a BIG piece from the AD. How will they treat me?Will they still want to get my spend up and put me on the list before making my first big purchase? Thanks in advance, love your channel.
Most important question for ya Charly, can you wear the same shirt in black next time to not just honor the panda but the ever so classy black dial Daytona ;)! It will match your branding on background better also
Sunday updates with Charlie always interesting. More of Ever Rose over White Gold for my taste. I’m waiting to see if the Rootbeer finally drops hard. Especially all gold model🤔
Maybe you can help me with my decision. Just want something to hold it’s value . Looking at a yellow gold day date black face vs a yellow gold sky black face oyster . Thank you
So the Sky-Dweller is a rather underlist watch, so if you get from the AD you will lose quite a chunk from the start. If you can go for an Oysterflex Daytona such as the Ghost, Pikachu or Paul Newman - these are the best precious metal watches to go for at the moment.
@@harnaras2400 All full precious metal models are tricky at the moment except the Oysterflex Daytonas. If you are in it for the long term (5-10 years) any model should hold its value well. But if you are in it for the short term I would hold off for now.
I have a Sub date and a Batgirl. To finish off my 3-Rolex collection I really want the Ghost Oysterflex or Panda. I don't think I will ever get the call from the AD for either of those. I was offered a Sky-Dweller white gold on Oysterflex a few years ago, but passed on it. Since then I have bought the Sub date and Batgirl from that same AD. Either I request a Polar Explorer II or go to the gray market for one of the Daytonas.
The Ghost would make such a stunning addition to your collection, it’s such a special watch! You’ve been very fortunate to achieve the Sub and GMT already, so congratulations! Good luck with your purchase mate, hopefully you won’t be waiting much longer 🙌🏻💯
@ I’m on the list for a Panda or Ghost. I may never get the call, but I can enjoy my Sub and GMT in the meantime. Sub is my daily. GMT for special occasions.
Tide is slowly turning on Rolex AD's. People got tired of playing their Silly Games and went somewhere else. No surprise after getting jerked around for a year, that AD's are getting a lot of NOs for their pieces and the ADs are not struggling to sell pieces especially, their Gold/TT watches. The dip will keep going throughout this year. Good time to buy some of these pieces in the GM and can actually get it below MSRP.
Charlie what are you hearing on the street about the blue dial white gold Daytona? I know it’s been discontinued but are ADs managing to sell the [albeit limited] stock of it they have? Or are they calling around on it, like with other precious metal models? What are you currently charging for these in 2023 models, brand new with box and papers?
So while it is a stunning watch, as with most full precious metal models it is an incredibly slow mover, so not one we have looked to stock for some time 👍
At first I was thinking supporting the grey market was like I wasn’t good enough to get a call from the AD. Now I see the grey market is where you actually save money.
Hi Charlie! Big fan of your channel and work. I'm curious what indicators do you look for when determining that a watch might be overpriced by the market. For example I saw your comment on one of the new watches and you said that it's being traded for way higher than what we believe it's worth. Obviously much of this is your experience but what tips would you have for people new to watch trading like myself? Thanks in advance for your tips and sharing your experience.
Hi mate thank you for watching, really appreciate it! So yes the same thing happens with new releases. When they start hitting the market the prices are over hyped at an unrealistic value as the watch is new and exciting - people rush to be the first to own it. Over time once the hype dies down the prices come down to reflect the true market price as more become readily available.
@@thehonestwatchdealer I honestly do. I think end of 2024 we will be back to normality with only the ss daytona fetching over premium and new models when they are released for a short time.
hello, I wanna buy a 2nd Rolex. my first was a date just 41 smooth bezel oyster bracelet blue dial. Which do I have most chance of getting: Starbucks, batgirl, or Pepsi jubilee ?
Saw a yellow gold, champagne dial Skydweller in AD yesterday for 40k, stunning, what is grey market price on this, had a yellow gold day date as well, definitely trying to off load big value watches.
When i asked my AD about Panda Daytona he simply told me "forget about that watch". He told me that wait period is around 7 years! That day i have ordered 3 watches, and Panda was not one of them.
James Cameron / D-Blue was my first Rollie. I got my first one from a Grey, and then 8 months later got the call from my AD that it came in finally, so bought it and tucked it away. Solid watch. I wear it as a daily. Hopefully, it will appreciate over time / when and if they discontinue it completely.
Why would my AD sell me a Steel Daytona at list when it can go out the back door to a Grey at double the price… that’s why Chrono24 is flooded with the hardest piece to get…it ain’t rocket science.
I was interested in the 37mm Not the 40mm so was able to walk away after trying on, definitely looked & felt the watch was too big for me. I’m am currently wear the 37mm Yachtmaster Everose Oysterflex bracelet, I love the watch, but living without diamonds is difficult 🤣 Thank you for your advice.
Just buy a Rep, just as good for a fraction of the cost. If it breaks, buy a new one. Watch prices are driving the counterfeit market and I’m glad to see it. High end new Reps are IMPOSSIBLE to tell from the real thing
Great vid as always Charlie. I wonder if Rolex have shot themselves in the foot with these recent significant price rises. I know they wanted a bit of the grey market action ie if a Pepsi sells for £16k on the grey then there's no problem cranking up the rrp on it. However this won't work on the precious metal models. They have become really expensive now and were only ever in hot demand in the crazy covid years. Now their demand is back to where it was but the rrp has increased £3k+....a double whammy. They historically struggled to shift these watches and now the rrp is even higher.
Thank you for watching mate, really appreciate it. You are absolutely right there, unfortunately as these precious metal models have become so high in price the market for them is incredibly small, making them so hard to sell. So this causes the secondary price to come down.
An age old lesson here: if you actually have real money and can afford a precious metal watch, you can get a great deal. Meanwhile, those stretching their dollars and euros and pounds are still paying over list for a stainless steel watch that millions of others also have.
Rolex is no longer a watch to wear as is is not in the retail market and grey market is dead now. Ask yourself why wear a Rolex and get your hand chopped off by thieves targeting it. It is dangerous to wear a Rolex.
After ten months & no purchase history, I got offered a Rolex ⌚️ for £39,250 from my Rolex AD. On my way to visit the AD I phoned my Grey Market Dealer, he said if I purchase this watch, I would loose £15,000 😱
@@thehonestwatchdealer Not LM, it is the latest stainless steel Panda with the exhibition case back shown at the Watch Fair. I don't know if it was rolled out.
You keep telling people to just go grey and don't go to ADs to buy watches, but you wouldn't have any stock if people didn't go to ADs to buy the watch in the first place. Every single watch you have there for sale has all come from an AD somewhere around the world. Lets not forget that. You are a reseller, selling watches way over their MSRP for profit. If people buy watches from ADs that they actually want and not to flip, then we would all get the watches we want for MSRP and not have to pay double the price through you.
True on watches coming from the AD, but what you are missing is if demand drops and AD’s have an abundance of watchers waiting to sell at RRP, grey market dealers don’t just crumble, they will just sell for below RRP. It’s the flippers who will lose out, as there will be no meat on the bone for them. You’d save money buying from them in those situations and you’d still have the watch you wanted. Remember before the Rolex hype, many of the big pieces were selling below RRP and you could buy them for 3/4 of the price from Charlie. He’s not someone whose just appeared since the hype to make money. It’s supply and demand
I got a call for a Skydweller gold/steel black dial jubilee, i said yes out of fear of not being offered another watch, this man is right i feel like i was sold a watch they couldn't sell cuz market price crashed. Not a great feeling
Yeah but what you don't disclose is that if you buy of the Rolex AD then you carry provenance and value when you resell which can result in thousands in resale value versus buying from random so called grey market dealers with zero provenance. You could be purchasing a nice fake with nice fake box and papers. ALWAYS buy from AD! That way you can ensure your purchase is genuine, after all we are talking thousands in purchase here. Then when you resell you can command fair resale price versus trying to convince buyers that it's fine because you purchased of this nice grey market seller. You get the point .
Nah not always. That’s not how the Watch industry works mate. Collectors will know what I’m talking about. You can buy from trusted grey market dealers who have guarantees. You can always verify a watch by Rolex after buying it elsewhere too. I certainly have
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
It's mad,people are buying watches they don't want, when someone else wants the same watch but can't buy it
Crazier to me is building up your spend to get the opportunity to buy a watch.
Unfortunately this is the games the AD's make you play. People will get fed up eventually.
Pretty much. Sorta like dating 😂
I take it that he's talking about not going to the AD to buy but buy it from a reseller because the price is lower.
A couple of years ago I got "the call" on a DSSD. I went in, saw it, but found it the wrong dimensions. I passed on it without any concerns about doing so. A week later I got a second call to come in and buy the SD43. Much better choice. Don't be afraid to say no to the AD if it is not what you want.
Exactly this! Great advice and I’m glad it worked in your favour 👌🏻
You have a great AD
You have a great AD
The white gold, blue bezel sub is gorgeous
Such a stunning watch isn’t it 👌🏻 Ultimate stealth wealth.
Agreed. I love it!
White gold is underrated. That being said I still love yellow gold. It's a classic
@@jchong416 oh yes the YG will always be the classic! 👌🏻
I got one the other day… and now have buyer’s remorse….lol white gold sub
😂😂😂😂 Different tune Today! I came to hear Charlie boy tell us he sold 10 subs in a week! Now Rolex has gone pot! And these dealers are running off with 2 million in inventory consignments. The jiggs up!..just wait for the Ads to call. People are actually walking in and picking up models in boutiques with no purchase history the last 3 months. The luxury market is down period, 4th quarter of 2023 everything will be way under list.
The full rose root beer is way under list no one taking them, Batman is already going that way, to follow suit is the Pepsi batgirl and the olive daydate next few months, Christmas time when they ads give out even more is when we will see a bigger fall in prices 🫡
@hoareology9325 Exactly bang on the money Lol. But these dealers videos appeal to the ones not in the know. Hopefully ppl use their common sense and just wait two months, it's as simple as that.
Some proper keyboard experts here Charlie 😁🥊
@GAZ1203 Charlie is that you? 🤣
@@GAZ1203 I’m a grey market dealer myself 🤦♂️
The Daytona Ghost looks amazing!! Can’t believe at the peak, the Panda would have been trading higher than any of the full precious metal Daytona. Insane! Thanks for the content and video.
I wonder if we will see those times again?
Thank you for watching, really appreciate it 👍
What about Rolex submariner black face no date nowadays as far a holding value or losing money if purchased new? In the USA, retail is about $9,600 USD nowadays, and very difficult to actually get new from a Rolex authorized dealer in the USA. You need to wait about 10 to 12 months to get it if you are lucky. thanks.
Stunning model and the no date is becoming more popular now instead of the Date variant.
A true Rolex classic and should always hold its value really well 👌🏻
Hey Charlie,
Thank you for another insightful video. I really enjoy your channel.
I have a few quick questions:
1) I am based in the US and am on the list for a few different Rolex models. The Chocolate Roman Day-Date 40 and the Sundust Index Markers Datejust 41 (Fluted, Jubilee). These would be my first two purchases with the AD - any idea on how long I may be waiting for these?
2) I went in to an AD a few weeks ago and they had a Yacht-Master Paved Everose Oysterflex. I was never a fan of the diamond dials but this one has such a nice balance. I’m just curious of the market for these - are these readily available in the market? Does Rolex make many diamond paved dials? Is this one you think they’ll continue to make in the future? It’s cool when something holds value but I wouldn’t be buying it for that reason but rather because I want to enjoy the timepiece. I just want to know if this is something I should jump on or may have the opportunity to attain in the future.
Thank you for your advice!
Thank you mate I really appreciate you watching!
Stunning models to aim for, not sure on the wait times it would depend on your ADs allocation and the wait list they have. Would be best to speak to them and see what they say!
The pave dial is a stunning model, should be a great long term hold but to get from the AD currently it would be slightly underlist as there is a very small market for this watch 👌🏻
Thank you Charlie, I greatly appreciate the advice! I look forward to continue watching your content!
Went into my Rolex AD yesterday when they opened and they had the Everose Yacht Master for sale.
Maybe it's just me, but this was probably the most attractive watch I've ever seen. The online pictures don't do it justice. The gold is subtle yet stunning to look at, and the watch face and bezel are very reserved and easy on the eyes. It's simplicity perfected. The rubber strap completes the look.
It is a very attractive piece you are not wrong, the rose gold and black work so well together, stunning in person 👌🏻
Did you buy it? I like the Ever rose better also.
@@mikelewis2456 I tried buying it man,
The store would let me put 14K down and I could pay the rest off with 3 months of 0 interest financing… but my credit score was denied for some reason (and I have really good credit).
I passed it up in the end. Very good ADs in my area, they honor the in person experience and put the product on shelves rather than pushing a wait list. I’ve walked in on many Datejusts with fluted bezels and jubilee bracelets with no 6 month wait at all! Just from a week of stopping by on my lunch break! I’m just holding out for a Sub to be put out eventually 😊
@mikelewis2456 same here mate I don't get why there not more popular
Nice video mate 🥃
Thank you mate appreciate it, thanks for watching! 🍻
Very good advice. I totally agree about saying no to a watch you dont want. I have done this with my AD and still been offered another watch at a later date. I buy mine to wear and enjoy. Dont be afraid to say no to a watch that is not on your list.
Thankyou mate! Absolutely right, well done for turning down a watch not on your list 👏🏻 Can even sometimes work in your favour 👌🏻
I am scammed forcing me to buy a skydwellwr oyster flex strap champagne dial . Seeing it self I realized I am losing money on it but am not buying to sell ever . Hope AD doesn’t cheat me will give me the promised Daytona
@@sreecharannv Hopefully you get the call for your Daytona soon, got my fingers crossed for you! 🤞
You grey market dealers always at it. If I had the choice of a 2021 yacht master in white gold on oysterflex for 23,950 or the same watch 2023 from the AD I’m getting it from the AD for 25,600. I have 2 more years on the warrant which is worth more to me.
Or buy the watch on grey market at a discount then put it in for service when the warranty runs out. That's another two years warranty and still cheaper than buying from AD without the wait.
Local ad by me as a yacht master with diamond dial in yellow gold for below retail. They cannot seem to find a buyer.
Yep incredibly tough seller that one 👍
@@thehonestwatchdealer I think it retails for $46k and they said they would take $41k. I told them it is to flashy for me but if I know someone looking I will send them their way
@@aaronmauer7225 Yea wise choice passing on this one 👌🏻
Still waiting for my YM40 and on list with several ADs I have purchase history with… it might not be super popular but also not a model they receive a lot… worth noting: you need the specific straps to have it sized correctly and when buying grey you might not get those. Buying straps later on costs a few hundred plus also the chance of getting a fake…
Hopefully you get the call soon!
You are right about the straps, however if you deal with a reputable dealer they will have the assorted genuine straps available to make sure it fits 👍
It is really astonishing to me that guys with means don’t just buy ther watches overseas instead … I mean just go to either Ljubljana or Belgrade and get ur watch within months wo prior purchase history …😂
The Sky Dweller in Blue is ridiculously hard to obtain at an AD. Better to just buy that at grey as else you'd need to spend a royal fortune and then some.. to even be considered. Insane.
And don’t forget the ridiculous wait time on top!
Very desirable watch though, which explains it! 👍
Reason you see so many Daytona SS models on the gray market is cause ppl are put off by how small the watch is in real life. Wears more like a 38mm watch
I wouldn’t say people are put off by it but totally agree, wears very small. First time I put one on I was expecting a bigger footprint but nonetheless it’s a phenomenal watch!
People are selling that because it has a good profit.
Yep. My 7.5" wrists will never be sporting the Daytona, even at RRP. Way too small. Though I would happily pull the trigger if I got the call and sell it on to my smaller wristed brethren for a tidy profit. ;)
Base on true story. Your every word is honest. Great video. My first is Pelagos39mm and next is Explorer 40mm. I know that it's game from AD but's it long journey to be dream come true for "First Rolex from AD". When I must to have a Daytona or GMT. I walk to your store certainly.
Thank you mate really appreciate that!
Yes it is all part of the journey and experience, hopefully you get call soon!
I don't wish to buy used watches. Want to be the first one to wear it. Does the grey market sell new ones?
Absolutely, we get unworn models in all the time 👍
@@thehonestwatchdealer what a crazy world. Makes no sense
@@tubetop123 Its usually watches people have purchased to get their spend up to achieve their desired piece 👍
Love the YM on rubber
Such a nice watch isn’t it, incredibly comfy too 👌🏻
I'm in the market for the Yachmaster 40 Rosegold Oysterflex. Do you think that the grey market price will keep going down? Possibly even to 2020 levels?
Very hard to say if we will see those levels again, but who knows. We will see what happens!
Question? Do the white gold watches require “rhodium re~plating”? And at what frequency?
This may not be the right place to comment but I had been looking for a 41 Datetime in green with this colour bezel and that colour blu-tooth. OK I'm joking but I'm 80. Charlie told me he thought the colour was a nice match and that he'd look. I kept looking at his site and saw a Wimbledon 41 (clue they're not green)and I thought that looks even nicer. If you're going to spend a lot of money then do it quickly.
My watch arrived this morning and I have never seen anything more elegant (just teetering on the edge of bling).
He got the £££ and despatched the watch the next day and it looks twice as nice in the round as it did in the picture . It Is also incredibly comfortable.
Thank you for the speed - the lack of drama and (oh) taking my money.
Point of this story the grey market might be much better for you
Haha thank you for the comment George!
Pleased to hear you got your watch and you’re happy with it. Such a stunning model, enjoy it my friend!
You were a pleasure to deal with and I hope to hear from you again! 🙏
How can I find the rrp of watches? Also how can I track the market value of watches accurately? New to the game thanks for the help!
So you can find the RRP on the Rolex website, the price charts you can find on Chrono24.
I hope this helps!
@@thehonestwatchdealer Thank you very much! Keep up the great work with the channel!
What about the sea dweller 50 anniversary, is a good investment watch?
Is a nice solid watch, might end up being collectible being an Anniversary watch 👌🏻
Been offered by ad a two tone bluesy at list. Direct from Rolex. 14200. Do I buy it. I like it. Will I lose money or safe purchase
Unfortunately, you would likely lose money, however, if you like it we’d always recommend buying it! Wear it and enjoy it mate, that’s what the watch industry is truly all about 🙌🏻💯
It is surprising that the Explorer 2 isn't in greater demand. With its fixed bezel the E2 is arguably the most rugged workhorse in Rolex's stable.
There's also considerable disparity in used prices. Two 216570 models, exactly the same, and you can have prices ranging from 7k to 11k.
It is such a stunning watch, but as you say very under the radar at the moment 👍
@@thehonestwatchdealer Evening Bob
When I was soldiering, I bought an Explorer 2 for £376 in 1976 because the winder had strong shoulders to protect it. It took a hell of a beating and served me well for over 40 years. I sold it to a dealer in 2019 for £11,000 and replaced it with a new Explorer 2 costing £6250. The old model is now selling on the open market for over £25,000.
As I said, with the fixed steel bezel, I reckon the E2 is the best work-horse in Rolex's stable.
But fashion is king!😊
I wish they kept the case at 40mm. I like the look of the new explorer 2 in white but 42 mm is too big for my little wrists.
I got the Polar Explorer, put on a grey rubber strap and it’s the Rolex I wear most. 👍
Literally got offered the YACHT-MASTER oysterflex 42mm last week from the AD’s after putting my name down for a submariner, they called me the day after offering me the watch
Ah yes this is one they are struggling to shift! 👌🏻
The UK Rolex RRP is just so expensive...The Rose Gold Yacht-master 40 in Japan for example is £18,500.00 RRP...But also remember when you get the oysterflex watches, there are various lengths of oysterflex from C,D,E,F,G etc and getting the right length will cost abit more.
Interesting nice comment.
Ah yes, very different markets all around the world. Would be great if they were the same throughout 😖
@@thehonestwatchdealer Q. Is there really a difference in price ..to say a Rolex purchased in say Dubai or the UK.
Only good information on this channel, Spot on every episode, To the point, No BS.
The most informative watch channel on RUclips for current market info.
The buys are don't buys recommendations absolutely on the money.
Compliments too Charlie and the team.
Thank you Michael, really appreciate it, glad you liked this one 👍
Thank you for watching! 🙏
Where can i buy those watch pillows in the video?
You can find good quality versions on eBay 👌
Love your videos. Please add 4k content. Would add lots of value to your videos.
Thank you mate appreciate the advice - I will take a look into it!
Can't put a value on this kind of knowledge and information, thanks for sharing it as always Charlie.
A couple of questions if I may :
(1) Where does the rhodium dial Yachtmaster sit in all of this ? Had my name down for one and was offered it last year but had to pass as the timing wasn't right and starting to wonder if I maybe dodged a bullet. Still keen to buy one at some point though. Thoughts ?
(2) I know in the old days a lot of the AD's dumped their unsold stock into the trade directly via grey market guys such as yourself. Is that happening yet ? If not, do you think it will happen?
Take it easy Sir and long may you keep churning out the videos.
Thank you for watching, really appreciate it glad you learn from them!
Yes I would say you did! It’s a tough seller that one, though a really stunning watch!
This has not happened yet, who’s to say if it will, we shall see! 👍
@@thehonestwatchdealer Under list then you reckon Charlie ? I've tried one on and it's a stunning piece as you say, and I'm a great believer in buying what you like but I also like to go into things with my eyes wide open.
@@ronaldJ262 Probably just under or around the same depending where you go.
If you are going to buy to wear and enjoy though as it should be it shouldn't make much difference! 👌
please suggest me some best rolex under $15k , i am in india unable to get any new one here been waiting since long
I would say a Submariner for sure in any combination are a good watch to own 👌
@@thehonestwatchdealer Thank you 😇😇 i will connect you via insta and know if you have any
I have a quick question for you. If I bought watches from the gray market and wanted to buy a BIG piece from the AD. How will they treat me?Will they still want to get my spend up and put me on the list before making my first big purchase?
Thanks in advance, love your channel.
Most probably, they would need the spend to be with them and not elsewhere as it is all about boosting their sales unfortunately. 😫
Thanks so much :))
Most important question for ya Charly, can you wear the same shirt in black next time to not just honor the panda but the ever so classy black dial Daytona ;)! It will match your branding on background better also
Haha the white shirt stays!! 🤣
Perhaps during Black Friday then ;)
@@Kv82281 Haha we will see!
what about bimetal Daytona
Stunning watch, if you get the white dial - slightly over list 👍
black dial @@thehonestwatchdealer
Sunday updates with Charlie always interesting. More of Ever Rose over White Gold for my taste. I’m waiting to see if the Rootbeer finally drops hard. Especially all gold model🤔
Thanks for tuning in Mike! Will you scoop one up if the price is right?
@@thehonestwatchdealer Definitely Charlie, it’s one of my favorite Rolex models.
@@mikelewis2456 Such great taste, a stunning model 👌
@@thehonestwatchdealer actually I really like my GMT 126713grnr. I bought recently from grey market for $21500+ tax. New with box and papers😊
@@mikelewis2456 Very nice! Enjoy the watch, it is a stunning model.
Maybe you can help me with my decision. Just want something to hold it’s value . Looking at a yellow gold day date black face vs a yellow gold sky black face oyster . Thank you
None
So the Sky-Dweller is a rather underlist watch, so if you get from the AD you will lose quite a chunk from the start.
If you can go for an Oysterflex Daytona such as the Ghost, Pikachu or Paul Newman - these are the best precious metal watches to go for at the moment.
@@thehonestwatchdealer the hard part is I have a panda . What would be your recommendation for a precious metal besides a Daytona ?
@@harnaras2400 All full precious metal models are tricky at the moment except the Oysterflex Daytonas.
If you are in it for the long term (5-10 years) any model should hold its value well.
But if you are in it for the short term I would hold off for now.
What do you think of the two tone Daytona, ADs offering this one too recently
A Daytona will always be a popular model, though slightly less sought after than the full steel model 👍
@@thehonestwatchdealer thanks Mate! You’re the man. Love your videos!
@@Freethinkers19849 Thank you mate really appreciate that! 🙏 Thank you for watching.
I will always stop and watch your content !
Thank you mate, really appreciate that 👌Glad you like the content
What are your thoughts on the GMT master ii Everose gold and or the two tone everose gold? If AD called to offer either?
Both great models, the Rootbeer is the on to get out of these - the full rose gold can be tough to resell so would pass on that one
Great video as always! Really informative.
Thank you mate, really appreciate it 🙏
I have a Sub date and a Batgirl. To finish off my 3-Rolex collection I really want the Ghost Oysterflex or Panda. I don't think I will ever get the call from the AD for either of those. I was offered a Sky-Dweller white gold on Oysterflex a few years ago, but passed on it. Since then I have bought the Sub date and Batgirl from that same AD. Either I request a Polar Explorer II or go to the gray market for one of the Daytonas.
The Ghost would make such a stunning addition to your collection, it’s such a special watch! You’ve been very fortunate to achieve the Sub and GMT already, so congratulations! Good luck with your purchase mate, hopefully you won’t be waiting much longer 🙌🏻💯
@ I’m on the list for a Panda or Ghost. I may never get the call, but I can enjoy my Sub and GMT in the meantime. Sub is my daily. GMT for special occasions.
Informative as always Charlie 👍
Thank you Kevin, appreciate you watching 🙏
Chrono 24 isn’t showing much of a down tick on the popular models. Show me a DayDate 40 with baton markers and a Denzel dial for 32k
Excellent Charlie !!! 👍
Thanks for watching Doug, really appreciate it 🙏
Another great video incredible watches Thanks for showing the watches keep up the good work and can't wait for the next one
Thank you Jay really appreciate that. Glad you like the videos 🙏
Great Video keeping us updated on the Rolex market.
Thank you Simon, glad you liked this one 🙏
Great videos. Learning a lot about this new addiction. Since there is no cure, can only do educated choices.
Glad to hear you are learning from the videos! Thank you for watching, I really appreciate it 🙏
Tide is slowly turning on Rolex AD's. People got tired of playing their Silly Games and went somewhere else. No surprise after getting jerked around for a year, that AD's are getting a lot of NOs for their pieces and the ADs are not struggling to sell pieces especially, their Gold/TT watches. The dip will keep going throughout this year. Good time to buy some of these pieces in the GM and can actually get it below MSRP.
The best time to buy is when everybody is selling as they say! 👌
Great video as always
Thank you for watching Seth, appreciate it! 🙏
Is the 136660 black dial a good buy ?
Not as popular as the Blue but if you are going to enjoy it then go for it 👌🏻
What is about DJ41 rolesor yellow, jubille, fluted and champaign dial ?
Probably round about list in this one 👍
@@thehonestwatchdealer What is your opinion about this config ?
Charlie what are you hearing on the street about the blue dial white gold Daytona? I know it’s been discontinued but are ADs managing to sell the [albeit limited] stock of it they have? Or are they calling around on it, like with other precious metal models? What are you currently charging for these in 2023 models, brand new with box and papers?
So while it is a stunning watch, as with most full precious metal models it is an incredibly slow mover, so not one we have looked to stock for some time 👍
@@thehonestwatchdealer
Thanks for your reply Charlie, much appreciated.
That yacht master is one of my favorite! Darn haha
It is a really stunning model! Get it off the Grey market and save some money 👌
I like the Explorer 2 (2023) but wonder if it will sell under purchase price in few years.
Such a great watch, will be hard to say which way it will go. We will see 🙏
thank you for your videos & comments. always appreciated. d@@thehonestwatchdealer
Does gray market include papers? Or what makes it gray market?
Yes we only deal with full sets, but others also sell ‘naked’ watches.
It is just the term for the secondary market 👍
At first I was thinking supporting the grey market was like I wasn’t good enough to get a call from the AD. Now I see the grey market is where you actually save money.
Absolutely, it can be depending on the model you are after 👍
I prefer the white gold jubilee watch cuz it's clean and could be wear with any outfit 😁💪
Great sound advice as usual from the the most reputable company out there, Thank you mate for this video very informative 💥💥👍🏻
Thank you once again mate! Hope you’ve had a great week and glad you learned something from this one 🙏
Excellent information video mate well worth watching thank you .
it seems the current situation jsut by chance happens to suit the "Honest watch dealer' a little bit too much
I only want an Explorer 40. Wonder how long that wait will be ?
Waited 2,5 months :) Amazing watch for the money, would not pay over list for it thou
@@patrickar96 - have been watching the prices levelling out on the grey. Will hold on and wait until I get the call or they level out even more….
@@CPARyan86 - cheapest I have seen the 2023 Explorer go for is £7750. If I saw one for only 10% above list I would be very tempted.
Explorer 40 is Lovely, got my name down @ the AD,I'm confident I'll get the call, the 36mm is too small for my 7.5 diameter wrist 🫣
Hi Charlie! Big fan of your channel and work.
I'm curious what indicators do you look for when determining that a watch might be overpriced by the market. For example I saw your comment on one of the new watches and you said that it's being traded for way higher than what we believe it's worth.
Obviously much of this is your experience but what tips would you have for people new to watch trading like myself?
Thanks in advance for your tips and sharing your experience.
Hi mate thank you for watching, really appreciate it!
So yes the same thing happens with new releases. When they start hitting the market the prices are over hyped at an unrealistic value as the watch is new and exciting - people rush to be the first to own it.
Over time once the hype dies down the prices come down to reflect the true market price as more become readily available.
I like to watch you’re wearing what is it
Thank you mate, that is the Yellow Gold Oysterflex Daytona aka the "Pikachu"
Great video
Thank you for watching Ian, really appreciate it! 🙏
So the market is slowing for Rolex.
This is the beginning of the slowing. I would assume it will get better for us watch lovers in the months to come.
Usually always slows in the Summer time 👍
what about two tone daytona? some buying it are tourist, thus discount on VAT
No discount on VAT in the UK anymore.
@@viixx7928 thank you for the info. i am actually referring elsewhere
A great watch, Daytonas will always be one of the sought after models 👌🏻
@@thehonestwatchdealer agree but two tone are not so hard to get at AD
How long before we get back to 2014/15 levels? I cant wait for ADs to start grovelling like they used to.
Who knows! Do you think we will see those times again?
@@thehonestwatchdealer I honestly do. I think end of 2024 we will be back to normality with only the ss daytona fetching over premium and new models when they are released for a short time.
@@S1ickA2K Fingers crossed, excited to see what happens!
hello, I wanna buy a 2nd Rolex. my first was a date just 41 smooth bezel oyster bracelet blue dial. Which do I have most chance of getting: Starbucks, batgirl, or Pepsi jubilee ?
None
A Starbucks or Batgirl - the Pepsi will be the best to get however also the hardest.
Holy shit. Helpful content. Thanks.
Thank you mate appreciate it 🙏
Saw a yellow gold, champagne dial Skydweller in AD yesterday for 40k, stunning, what is grey market price on this, had a yellow gold day date as well, definitely trying to off load big value watches.
Ah yes both slow sellers, I would imagine that is why they were readily available! 😭
Thank you.
Not a problem Gavin, thank you for watching 🙏
Wish people would know there are more excellent watchmakers out there
Excellent stuff brotha. Your honest insights are always enlightening and we appreciate it so very much.
Thank you mate I really appreciate that, thank you for watching! 🙏
When i asked my AD about Panda Daytona he simply told me "forget about that watch". He told me that wait period is around 7 years! That day i have ordered 3 watches, and Panda was not one of them.
Yes I believe the waitlist on these is ridiculous. Hopefully you get one some day 🙏
The Secondary Gray Watch Market Is Dead 💀
I’m still heading for the 126660 for my first Rolex 🙌🏻
Yes me too. Very collectible watch.
James Cameron / D-Blue was my first Rollie. I got my first one from a Grey, and then 8 months later got the call from my AD that it came in finally, so bought it and tucked it away. Solid watch. I wear it as a daily. Hopefully, it will appreciate over time / when and if they discontinue it completely.
Great watch to start off your collection with 👌🏻
Great watch (I love mine) and your choice of the 126660 is the best one to go for, no need to pay more than 13.5 if going grey.
The best dial on a Rolex, and the 126660 wears like a Sub. Great choice!
No you should not go to grey market, the flippers and their supporters should get hit till they are gone.
Why would my AD sell me a Steel Daytona at list when it can go out the back door to a Grey at double the price… that’s why Chrono24 is flooded with the hardest piece to get…it ain’t rocket science.
I was interested in the 37mm Not the 40mm so was able to walk away after trying on, definitely looked & felt the watch was too big for me. I’m am currently wear the 37mm Yachtmaster Everose Oysterflex bracelet, I love the watch, but living without diamonds is difficult 🤣 Thank you for your advice.
Ah yes have to get the one that feels right so you can wear and enjoy it! 👌🏻 Excellent choice - so comfortable 👍
Just buy a Rep, just as good for a fraction of the cost. If it breaks, buy a new one. Watch prices are driving the counterfeit market and I’m glad to see it. High end new Reps are IMPOSSIBLE to tell from the real thing
Daytona Oysterflex will increase as soon as the new Reference enters the Grey market - my opinion 🤷🏻♂️
Interesting take! Let’s see what happens 👍
Just stick with Rolex ss sports models, can’t really go wrong as far as I’m concerned, especially the Daytona! 👍
Absolutely can’t go wrong with those 💯👌🏻
But a watch to use it not for investment 🤦🤔
Great vid as always Charlie.
I wonder if Rolex have shot themselves in the foot with these recent significant price rises.
I know they wanted a bit of the grey market action ie if a Pepsi sells for £16k on the grey then there's no problem cranking up the rrp on it.
However this won't work on the precious metal models. They have become really expensive now and were only ever in hot demand in the crazy covid years.
Now their demand is back to where it was but the rrp has increased £3k+....a double whammy.
They historically struggled to shift these watches and now the rrp is even higher.
Thank you for watching mate, really appreciate it.
You are absolutely right there, unfortunately as these precious metal models have become so high in price the market for them is incredibly small, making them so hard to sell. So this causes the secondary price to come down.
Looks like an Omega seamaster 300’ on a rubber strap
That blueberry is beautiful. Unfortunately way out my price range
Such a stunning watch, you will get one some day if you put your mind to it! 🙏
An age old lesson here: if you actually have real money and can afford a precious metal watch, you can get a great deal. Meanwhile, those stretching their dollars and euros and pounds are still paying over list for a stainless steel watch that millions of others also have.
Very interesting outlook! Thanks for watching 🙏
Rolex is no longer a watch to wear as is is not in the retail market and grey market is dead now. Ask yourself why wear a Rolex and get your hand chopped off by thieves targeting it. It is dangerous to wear a Rolex.
After ten months & no purchase history, I got offered a Rolex ⌚️ for £39,250 from my Rolex AD. On my way to visit the AD I phoned my Grey Market Dealer, he said if I purchase this watch, I would loose £15,000 😱
Wow that is a big loss! Which watch was this?
@@thehonestwatchdealer Rolex Yachtmaster Everose Oysterflex 40mm with pave diamonds
@@gavinsverdloff4291 Ah yes definitely one to hold off on at the moment
How much is the Panda with the exhibition case back, the newest release? and how would we know if the piece in the gray market is authentic? Thanks
Are you meaning the Le Mans edition?
The LM will probably be £150-200k and if the Celebs start showing it off maybe more. The best Daytona in years.
@@thehonestwatchdealer Not LM, it is the latest stainless steel Panda with the exhibition case back shown at the Watch Fair. I don't know if it was rolled out.
@@webbezzy if you mean the 126500LN, it's not an exhibition case back. The only exhibition caseback Daytonas are the Le Mans and the Platinum
@@14lamnc1 Thanks for the clarification.
You keep telling people to just go grey and don't go to ADs to buy watches, but you wouldn't have any stock if people didn't go to ADs to buy the watch in the first place. Every single watch you have there for sale has all come from an AD somewhere around the world. Lets not forget that. You are a reseller, selling watches way over their MSRP for profit. If people buy watches from ADs that they actually want and not to flip, then we would all get the watches we want for MSRP and not have to pay double the price through you.
True on watches coming from the AD, but what you are missing is if demand drops and AD’s have an abundance of watchers waiting to sell at RRP, grey market dealers don’t just crumble, they will just sell for below RRP. It’s the flippers who will lose out, as there will be no meat on the bone for them. You’d save money buying from them in those situations and you’d still have the watch you wanted. Remember before the Rolex hype, many of the big pieces were selling below RRP and you could buy them for 3/4 of the price from Charlie. He’s not someone whose just appeared since the hype to make money. It’s supply and demand
Telling viewers not to buy watches, just because they will lose a few pound. Ridiculous!
Just bought a rose gold 42mm YM on oysterflex from my AD. Nightmare.
If you are in it for the long term I wouldn’t worry too much! Wear it and get some enjoyment from it 👌🏻
I will buy a Pikachu from you one day when I am successful. Your a cool watch dealer.
Thank you mate, I look forward to having you in the Boutique! Set your mind to it, and you will have one some day! 🙏
Since when people need to buy watches if they only holds in value. It’s all nonsense. Watches is for a lifestyle.
I got a call for a Skydweller gold/steel black dial jubilee, i said yes out of fear of not being offered another watch, this man is right i feel like i was sold a watch they couldn't sell cuz market price crashed. Not a great feeling
Sorry to hear that, hopefully next time it happens you will be ready to turn it down 👌🏻🙌
If Carlsberg did watch dealers …. Another great vid Charlie 👍🏻
Haha thank you mate! 🤣
126655 🚀🚀🚀
Yeah but what you don't disclose is that if you buy of the Rolex AD then you carry provenance and value when you resell which can result in thousands in resale value versus buying from random so called grey market dealers with zero provenance. You could be purchasing a nice fake with nice fake box and papers. ALWAYS buy from AD! That way you can ensure your purchase is genuine, after all we are talking thousands in purchase here. Then when you resell you can command fair resale price versus trying to convince buyers that it's fine because you purchased of this nice grey market seller. You get the point .
Absolute nonsense.
Nah not always. That’s not how the Watch industry works mate. Collectors will know what I’m talking about. You can buy from trusted grey market dealers who have guarantees. You can always verify a watch by Rolex after buying it elsewhere too. I certainly have
If you can’t afford to light 10 grand on fire then don’t buy a watch. If you can, then just get what you like and enjoy it.