Got my call on Tuesday, dropped everything that I was doing at work and got my first Rolex! 124060 Submariner. Couldn’t be happier! Never thought I’d get the call and I did! Never too late to get into the game!
Keep in mind that there are other amazing brands to get into besides Rolex, Ap, Patek. If you’re geniunely into watches and not the status element, look at brands like JLC, Zenith, Omega, Breitling, Glashütte Original, Grand Seiko, IWC, Girard Perregeaux, H Moser for some amazing value purchases
Started the game in about 2007. But the game never stops. So 15 years and 20 pieces later, the game is for the exceptional. The question is whether this or that vintage grail will surface. Perhaps, perhaps not. 2023 has been amazing, with an exceptional piece surfacing.
Hey Eric 3:27 that’s part of my collection, I’m proud to see it on your channel as I’ve followed you for a long time! You could have put my name at the bottom 😁 Anyhow always enjoy your videos except when you said guys are compensating with the Deepsea challenge… I have that watch 😂
Interesting fact. The super yacht in the background is owned by the family who owned Walmart. It was built for a Sheik who died just before it was completed.
I remember seeing that Yacht in St Thomas and let me tell you, Ive never been impressed by yachts, just big boats to me, but THIS ONE (Kaos) is soooo sexy in person, I had so search it up. Cost around 300 million dollars.
Hey Eric, That was a Honest , intelligent , insightful and well done explanation of the Hobby and Business that I think anyone has ever given to the public ! Very Very Well Done A+++++++++
MAZAL!!!Comes from MAZAL TOV!!!Is a word of Hebrew originMeans congratulation or good luck!!!It is also the expression used between two jews in the world of diamonds in Europe!!!!I like your style mister Eric!!!!Big big up from Switzerland bro!!!!
that's where things are heading for me too. I bought a newer president 36 diamond dial for 25. why, because it's 20k less than retail instead of 30 to 50 percent over retail
Dear Eric, you are a cool, authentic and honest guy! That’s why me and my friends here in Switzerland been following you for years. The “mazal” here, “mazal” there also pisses us off, so much. I personally think these mazal videos are mostly fake. PS: thanks for taking your time last autumn in your shop.
Excellent content and info Eric Buy for you..buy what you like..even the most affordable watch can be a work of art to the buyer. I wore a 60$ swatch for 10 years thinking it was amazing and it was..to me. Don’t wait ..buy what you like. Can’t win if you don’t play..
This channel has some good info in regards to the market and pricing and Eric seems like a good guy, but it is overly saturated with hype brands/models. I don’t feel a true watch enthusiasts is going to have just models that will only appreciate in value. You would think only 3 watch brands exist and it gets tiring. Maybe talk about some other brands, get into more detail about history/movements. Just my 2 cents
not late at all. some say it's early to get into the game. especially with what the whole world is going through these days. some people say that watches will sell below retail when the world economy collapses. personally I DON'T KNOW the future of this hobby and what will happen. i guess no one has the Crystal Ball. but we should all keep an open mind and listen to so many opinions on this subject. thanks Eric.
Eric, you are a good dude and you understand. NONE of these watch dealers should be saying Mazal, except for those who really use the word as part of their culture/religion. Also, any idiot can get into the watch game - you don't need a license or any kind of training - that is why you have dealers who used to give tug jobs for money (Anthony Farrer). Anyway, best!
Desire never go out of fashion, we don’t buy watches, we buy feelings - the ownership of perfection on your wrist. If your heart clicks your bank card swipes. Soooo simple…
The time to get into the market will be after the everything buble burts. No jobs, realestate down, stock market down. The first items to go will be luxury, like cars, watches etc. Wait a little bit longer. Some gold Day Dates are at below retail.
👍👍i thought the correct meaning behind the saying Mazal is ,go with god,see you next time,hope you be well...? in Amsterdam dilact is a lot of hebrew, they say massel went the leave the party, . i enjoyed tour wise words, bless you 👍👍👏👏
The way things are going i think collectors would be wise to focus on as high end pieces as possible. I see it as a real possibility that the market for sub 20k will disappear, as that class in society that would buy these simply will not exist. The logical extension of this ... a 20k retsil date just?
Rolex increased production to 1200000 (vs 1050000), reduced number of models from 1358 to 1221, number of Daytonas from 44 to 32 (count their web page). At least in Asia AD,s are selling back door like crazy, selling into the grey market like crazy. Not 1, not 2, not 3 but 4 discontinued Daytonas into the grey market, clearly coming from AD which held back stock, disgusting. Love this watches but Rolex has to clean this. Please sell watches to real lovers and stop this flipping game.
Thanks for the production numbers; good info. Agree. And Rolex could easily squash flipping - buy back a few on each continent; trace them back to the AD. Either terminate that AD - and make sure word gets out - or severely limit their allocation for the next 5 years.
@@davidbrown9947 I unfortunately don’t work for Rolex. There is a yearly report out by Morgan Stanley which details the Swiss watch industry very well. Just now you can find an interview on Watches TV on RUclips with the person which does the report.
15:32 That's the key takeaway - Endusers. Same reason why peeps like Buffet doesn't dig on Bitcoin, not enough end users and too many buying in hopes to sell higher.
Eric I really appreciate any of your latest videos and your passion in watch business! Everything is right 🤝🤝🤝🤝Wish you all the best from the bottom of my heart
If you answer yes to these two questions, you can start any business regardless of any limitations you might have heard from haters. 1. Do you have a pulse? 2. Do you have more money than sense? Congratulationsyou are ready to start.
I am holding on to my parent's Beanie Babys and Bradford Exchange collector plates - a massive collection… they are in a bit of a dip now, but they are ready to take off at any minute… diversify diversify diversify I am looking for JFKs personal watch now - I am close to being a billionaire
Its to late. Free money is no more. In a year, worst case two, we will be back to a -90 markets. We have had our -80s. Even Rolexes will be sold with a 5% discount. Only thing certain is that history repeats it self.
Weren't you making fun of people for trying to get in the watch game as the market fell? Flipping burgers? Wasn't that the comment? Making fun of people who lost money and service industry people who cook your food at the SAME TIME! Class.
![FNAF vs TF2 - Episode 2 [SFM]](http://i.ytimg.com/vi/z5b3V2-VLb0/mqdefault.jpg)
“I’m just a dude playing a dude playing another dude”
Got my call on Tuesday, dropped everything that I was doing at work and got my first Rolex! 124060 Submariner. Couldn’t be happier! Never thought I’d get the call and I did! Never too late to get into the game!
I got luck with a datejust they called me 2 weeks after I listed my pick
Welcome to the club…I got mine in January picking up my batgirl next week…
Your take on Mazal is hilarious. I've noticed it too. Everything is mazal.
Mazal!😂
😂
Keep in mind that there are other amazing brands to get into besides Rolex, Ap, Patek.
If you’re geniunely into watches and not the status element, look at brands like JLC, Zenith, Omega, Breitling, Glashütte Original, Grand Seiko, IWC, Girard Perregeaux, H Moser for some amazing value purchases
That is 1000% correct!
Started the game in about 2007. But the game never stops. So 15 years and 20 pieces later, the game is for the exceptional. The question is whether this or that vintage grail will surface. Perhaps, perhaps not. 2023 has been amazing, with an exceptional piece surfacing.
Hey Eric 3:27 that’s part of my collection, I’m proud to see it on your channel as I’ve followed you for a long time!
You could have put my name at the bottom 😁
Anyhow always enjoy your videos except when you said guys are compensating with the Deepsea challenge…
I have that watch 😂
This is the worst time to get in. The market will crash as the economy will. Itll be down 30% in the next 18 months.
Interesting fact. The super yacht in the background is owned by the family who owned Walmart.
It was built for a Sheik who died just before it was completed.
I wonder if they had custom George's watches made for the family...
It's actually Nancy Walton's super yacht - it's called KAOS. And the Walton family still owns the majority stake in Walmart.
That yacht is owned by Nancy Walton from the Walmart family
Yep... she has another 1 in LA too.... dumb money
I remember seeing that Yacht in St Thomas and let me tell you, Ive never been impressed by yachts, just big boats to me, but THIS ONE (Kaos) is soooo sexy in person, I had so search it up. Cost around 300 million dollars.
Must be over a couple of million that yacht 🛥
Wrong!!! It belongs to Nancy Pelosi and her awesome stock picks.
Actually, that's my yacht. Get it right 😕
Hey Eric, That was a Honest , intelligent , insightful and well done explanation of the Hobby and Business that I think anyone has ever given to the public ! Very Very Well Done A+++++++++
I like Eric, he’s one of the only watch people that I subscribe to on RUclips.
MAZAL!!!Comes from MAZAL TOV!!!Is a word of Hebrew originMeans congratulation or good luck!!!It is also the expression used between two jews in the world of diamonds in Europe!!!!I like your style mister Eric!!!!Big big up from Switzerland bro!!!!
👃
I like your being truthful. I will keep watching !!!
depends on if you wanna make noise or you jus wanna get one quality piece
I just bought my first Daytona white gold ceramic bezel on oyster flex. The steel panda was 40,000. I paid the same for the white gold Daytona
that's where things are heading for me too. I bought a newer president 36 diamond dial for 25. why, because it's 20k less than retail instead of 30 to 50 percent over retail
Good talk Eric! Boils down to buy what you like as always! Love that Kaos mega yacht I see it here on island quite often total bad ass
Dear Eric, you are a cool, authentic and honest guy! That’s why me and my friends here in Switzerland been following you for years. The “mazal” here, “mazal” there also pisses us off, so much. I personally think these mazal videos are mostly fake.
PS: thanks for taking your time last autumn in your shop.
Glad to have you here anytime
Like your philosophy Eric. It’s never too late! The rules change but the game remains the same. Cheers. 😎
“There’s no better time than the present”
Great Insight into business to Watch the Community. Much Appreciated.
Great video Eric! It’s never too late!
Thanks for the honest opinions...mazal.
haha nice vid you almost broke my heart with the min 3:10 on how to self improve Cheers
Honestly I think people buy primarily because they can afford it. Secondarily because they want it and like it
Would you trade a Rolex 126618lb full gold blue dial for a Rolex Daytona 16520 w series invertet six full set 1:1?im on a dilemma 😢
Excellent content and info Eric
Buy for you..buy what you like..even the most affordable watch can be a work of art to the buyer. I wore a 60$ swatch for 10 years thinking it was amazing and it was..to me. Don’t wait ..buy what you like. Can’t win if you don’t play..
This is a great video Erick!
Nailed it Eric
Actually Mazal is used in diamond business too
This channel has some good info in regards to the market and pricing and Eric seems like a good guy, but it is overly saturated with hype brands/models. I don’t feel a true watch enthusiasts is going to have just models that will only appreciate in value.
You would think only 3 watch brands exist and it gets tiring. Maybe talk about some other brands, get into more detail about history/movements. Just my 2 cents
not late at all. some say it's early to get into the game. especially with what the whole world is going through these days.
some people say that watches will sell below retail when the world economy collapses. personally I DON'T KNOW the future of this hobby and what will happen. i guess no one has the Crystal Ball. but we should all keep an open mind and listen to so many opinions on this subject. thanks Eric.
Never too late to start doing 300 push ups a day!💪🏻😉
😂😂😂
Or buy more watches🥶
@@caliheat23 😊😊😊
@@caliheat23 😊lap😊😊
Eric, you are a good dude and you understand. NONE of these watch dealers should be saying Mazal, except for those who really use the word as part of their culture/religion. Also, any idiot can get into the watch game - you don't need a license or any kind of training - that is why you have dealers who used to give tug jobs for money (Anthony Farrer). Anyway, best!
Desire never go out of fashion, we don’t buy watches, we buy feelings - the ownership of perfection on your wrist. If your heart clicks your bank card swipes. Soooo simple…
“Don’t use the word Mazal” = Shots fired 👀😂😂
Great video endeed, thanks!
Eric, what’s with the fake black ceramic Daytona lol love the videos man!
You mean “daytona homage” lolol
Im looking to pick up my first rolex, 40mm Sub, is it too late?
I think you are looking at between 12-15k for a 116610 LN, ceramic sub 40mm.
@@fullymechanical9055 Not horrible, I'm sure the difference would be if its a complete set as in papers, card and box versus no box or card.
I feel like Rolex watches will continue to go down because of its mass production.
very true my friend😎,again a great video keep up the good content
If it’s something that you truly want, you’ll find a way to get it maybe late but never too late.
A good or bad time is a fallacy, just a good or bad price
Mazal !! Sold!!!
Owning many pieces means paying more service fees down the line. Save and buy exactly what you like
You're the man, Eric 👍🏼
Agree 101%
Wolfs of watch street are the type of dealers eric is talking about 😢
And fake IG dealers like Timepiece Gentleman
I was literally thinking the same. Lol.
Truu wisdoms, txs eric ❤
Love the video BUT please drop the music. You don't need it and its disturbing
Thank u for this video. So tired of hypebeasts and idiots saying mazal over and over every deal. They never even heard of the word last year lol
When you risk your hard own money it is not a game it is serious business!
Absolutely the best video you’ve ever done! Great job brother keep them coming.
2:54 didn't know that you are such a Sugess lover😂
🤣😂
The time to get into the market will be after the everything buble burts. No jobs, realestate down, stock market down. The first items to go will be luxury, like cars, watches etc. Wait a little bit longer. Some gold Day Dates are at below retail.
The watch market is dead floating facedown in a pool
I love your honesty !! My AD CALLED for my grail watch... the BATGIRL !!
👍👍i thought the correct meaning behind the saying Mazal is ,go with god,see you next time,hope you be well...? in Amsterdam dilact is a lot of hebrew, they say massel went the leave the party, . i enjoyed tour wise words, bless you 👍👍👏👏
Quiubo! Donde esta ese Mazal mijo? 😅😅😅
Do you mean Mazel-Tov? Never heard the word Mazal before
I liked when you use to watch reviews how come you stop ?
I still do them
whatz up with the fake daytona shown in the vid a SUGESS?
Get on the wait list sucker 😅
It’s a “homage” daytona 🤣😂
My wife asked do you want me to put the dinner on for 6pm I said “Mazal” & she looked at me as if I was talking gibberish rather than Jewish
John Buckley is responsible for the popularity of "Mazal" 😂
The way things are going i think collectors would be wise to focus on as high end pieces as possible.
I see it as a real possibility that the market for sub 20k will disappear, as that class in society that would buy these simply will not exist.
The logical extension of this ... a 20k retsil date just?
Rolex increased production to 1200000 (vs 1050000), reduced number of models from 1358 to 1221, number of Daytonas from 44 to 32 (count their web page). At least in Asia AD,s are selling back door like crazy, selling into the grey market like crazy. Not 1, not 2, not 3 but 4 discontinued Daytonas into the grey market, clearly coming from AD which held back stock, disgusting. Love this watches but Rolex has to clean this. Please sell watches to real lovers and stop this flipping game.
Thanks for the production numbers; good info.
Agree. And Rolex could easily squash flipping - buy back a few on each continent; trace them back to the AD. Either terminate that AD - and make sure word gets out - or severely limit their allocation for the next 5 years.
What is your source, Do you work for ROLEX?
@@davidbrown9947 I unfortunately don’t work for Rolex. There is a yearly report out by Morgan Stanley which details the Swiss watch industry very well. Just now you can find an interview on Watches TV on RUclips with the person which does the report.
I don't understand why he wouldn't want to hear Mazal if it's a traditional closing statement for a deal? What I'm not understanding here?
That the term is being abused. Simple
That French tart with the big hat loves saying mazal
Buy Steinhart !
Sugess Daytona????
Always a big fan for many years, but take my words, you should really need to take care of that Gynecomastia!
I think you are a little too concerned about my physical features
@@WatchEric Yes, I happened to be a plastic surgeon in Taiwan 😂
Not really so long as you get new
It’s never too late 👏🏽👏🏽👏🏽👏🏽👏🏽🍾🥂👍
2:55 What it that? 😅
The waltons yacht, walmart..
🎉Another A1 video🥇🥇🥇🥇🥇🥇🥇
15:32 That's the key takeaway - Endusers. Same reason why peeps like Buffet doesn't dig on Bitcoin, not enough end users and too many buying in hopes to sell higher.
Eric I really appreciate any of your latest videos and your passion in watch business! Everything is right 🤝🤝🤝🤝Wish you all the best from the bottom of my heart
🙌🙌😎
Mazal dude 😎👍
There is always time to get into any market, the only thing that will stop you, is you !
Mazal dealers aka Tiktokers. I still do not believe their videos are real
you're awesome bro ! I've just subscribed to your instagram !
No need to get into so called watch game. There are so many things to enjoy and waste your money on.
😊
"new school mazal dealers" lmao
Man that yacht is wild
Own a yacht before a YachtMaster
2:54 sugess?
good eye, his editor must not be a watch guy
Welp! It’s still not to late to buy a Sugess! 🤣
😂 I don’t believe in luck. I believe in blessings.
Wal-Yacht
If you answer yes to these two questions, you can start any business regardless of any limitations you might have heard from haters.
1. Do you have a pulse?
2. Do you have more money than sense?
Congratulationsyou are ready to start.
Don’t believe the hype
2:54 what the hell is that? Sugess Daytona?
Never too late lol
Mazal mate
Pls more Audemars Piguet 🙏🏽
Shout out to oishin omalley..masal
1st
I am holding on to my parent's Beanie Babys and Bradford Exchange collector plates - a massive collection… they are in a bit of a dip now, but they are ready to take off at any minute… diversify diversify diversify I am looking for JFKs personal watch now - I am close to being a billionaire
Mazal!
Church
Its to late. Free money is no more. In a year, worst case two, we will be back to a -90 markets. We have had our -80s. Even Rolexes will be sold with a 5% discount. Only thing certain is that history repeats it self.
2:54 sick Daytona lol
Its not too late to buy a Sugees lolol🤷♂️
@@WatchEric Im about to hop on that Sugess AD waitlist 😝
Weren't you making fun of people for trying to get in the watch game as the market fell? Flipping burgers? Wasn't that the comment? Making fun of people who lost money and service industry people who cook your food at the SAME TIME! Class.
THE COOLEST DEALER IN MIAMI!!!!!
💯💥😎🙌