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.
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 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 😂
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!!!!
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+++++++++
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
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.
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.
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.
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…
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..
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!
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.
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
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.
👍👍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 👍👍👏👏
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
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?
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.
@Watch Eric it won't spike but if you follow the stock market, watch prices tend to follow. The stock market is hitting bottom soon so everything will be much higher in 2024. Now is the time to buy a watch, I think this is the bottom for prices.
@Ballsy Ballsyone it's not covid pricing anymore its inflation. And this is reality now. Everything is higher in price and these prices are the new norm. It's not 1920 and you can go to the movies for 5 cents. If you are waiting for 2010 pricing you will never buy anything prices will keep going up. Rent, houses, cars food the longer you wait the higher prices will go thats life.
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.
“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.
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 😕
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.
“There’s no better time than the present”
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 😂
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!!!!
👃
depends on if you wanna make noise or you jus wanna get one quality piece
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.
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
I like your being truthful. I will keep watching !!!
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.
Honestly I think people buy primarily because they can afford it. Secondarily because they want it and like it
Great video Eric! It’s never too late!
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
Thanks for the honest opinions...mazal.
Like your philosophy Eric. It’s never too late! The rules change but the game remains the same. Cheers. 😎
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.
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
I feel like Rolex watches will continue to go down because of its mass production.
This is a great video Erick!
Great Insight into business to Watch the Community. Much Appreciated.
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.
If it’s something that you truly want, you’ll find a way to get it maybe late but never too late.
Never too late to start doing 300 push ups a day!💪🏻😉
😂😂😂
Or buy more watches🥶
@@caliheat23 😊😊😊
@@caliheat23 😊lap😊😊
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…
haha nice vid you almost broke my heart with the min 3:10 on how to self improve Cheers
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..
Absolutely the best video you’ve ever done! Great job brother keep them coming.
Nailed it 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!
When you risk your hard own money it is not a game it is serious business!
“Don’t use the word Mazal” = Shots fired 👀😂😂
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 😢
Buy Steinhart !
Do you mean Mazel-Tov? Never heard the word Mazal before
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.
A good or bad time is a fallacy, just a good or bad price
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.
Actually Mazal is used in diamond business too
Eric, what’s with the fake black ceramic Daytona lol love the videos man!
You mean “daytona homage” lolol
The watch market is dead floating facedown in a pool
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
whatz up with the fake daytona shown in the vid a SUGESS?
Get on the wait list sucker 😅
It’s a “homage” daytona 🤣😂
You're the man, Eric 👍🏼
Agree 101%
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
That French tart with the big hat loves saying mazal
Great video endeed, thanks!
I love your honesty !! My AD CALLED for my grail watch... the BATGIRL !!
Mazal !! Sold!!!
Sugess Daytona????
John Buckley is responsible for the popularity of "Mazal" 😂
2:54 didn't know that you are such a Sugess lover😂
🤣😂
very true my friend😎,again a great video keep up the good content
2:55 What it that? 😅
I liked when you use to watch reviews how come you stop ?
I still do them
Truu wisdoms, txs eric ❤
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.
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
Owning many pieces means paying more service fees down the line. Save and buy exactly what you like
Quiubo! Donde esta ese Mazal mijo? 😅😅😅
👍👍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 waltons yacht, walmart..
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.
Love the video BUT please drop the music. You don't need it and its disturbing
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 😂
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
🙌🙌😎
2:54 sugess?
good eye, his editor must not be a watch guy
Welp! It’s still not to late to buy a Sugess! 🤣
Mazal mate
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?
2:54 what the hell is that? Sugess Daytona?
Never too late lol
Man that yacht is wild
It’s never too late 👏🏽👏🏽👏🏽👏🏽👏🏽🍾🥂👍
Shout out to oishin omalley..masal
No need to get into so called watch game. There are so many things to enjoy and waste your money on.
😊
Wal-Yacht
Mazal dude 😎👍
Own a yacht before a YachtMaster
There is always time to get into any market, the only thing that will stop you, is you !
Not really so long as you get new
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
🎉Another A1 video🥇🥇🥇🥇🥇🥇🥇
😂 I don’t believe in luck. I believe in blessings.
Church
"new school mazal dealers" lmao
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.
Mazal!
👃
2:54 sick Daytona lol
Its not too late to buy a Sugees lolol🤷♂️
@@WatchEric Im about to hop on that Sugess AD waitlist 😝
THE COOLEST DEALER IN MIAMI!!!!!
💯💥😎🙌
Pls more Audemars Piguet 🙏🏽
you're awesome bro ! I've just subscribed to your instagram !
Mazal dealers aka Tiktokers. I still do not believe their videos are real
The dip is over prices are going to start going up again.
Yeah bullsheet on that. Its fake.
Uhh, covid pricing was a fluke.
Don’t think it will spike. But they have gone a little
@Watch Eric it won't spike but if you follow the stock market, watch prices tend to follow. The stock market is hitting bottom soon so everything will be much higher in 2024. Now is the time to buy a watch, I think this is the bottom for prices.
@Ballsy Ballsyone it's not covid pricing anymore its inflation. And this is reality now. Everything is higher in price and these prices are the new norm. It's not 1920 and you can go to the movies for 5 cents. If you are waiting for 2010 pricing you will never buy anything prices will keep going up. Rent, houses, cars food the longer you wait the higher prices will go thats life.
1st
Don’t believe the hype
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.