How the Rolex Market CHANGED in 2024! - Watch Dealers Honest Breakdown

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  • Опубликовано: 8 янв 2025

Комментарии • 246

  • @Shecki603
    @Shecki603 16 дней назад +31

    "It's a buyers market".....Haha. It's a buyers market when I can walk into an AD and buy one at retail, brother. Then and only then is it a buyers market. It's still a gray market.

    • @rollie5579
      @rollie5579 11 дней назад

      Yup same old BULLSHIT, my AD is still saying the same shit !!!!!!!!

  • @joezunenet
    @joezunenet 17 дней назад +16

    Do you all wanna know how to increase the value of your Rolex watches in 2025? Don’t sell your watches to gray market dealers. I promise you, if we all follow this advice, your watches will more than double in value! Trust me!

    • @gary-pv8vz
      @gary-pv8vz 16 дней назад

      @@joezunenet a watch is not an investment. If I wanted to double the money I spent on my Rolex I would fold those notes in half and put them back in my pocket.

    • @deadprivacy
      @deadprivacy 14 дней назад +2

      Tulips fella, bubbles and tulip bulbs.
      Fashionable now.
      Fashionable in the future.
      Are two very, very different things.
      End of the day they are just fancy bracelets for men.

    • @joezunenet
      @joezunenet 14 дней назад

      @@deadprivacy Fair, but luxury watches already went through many speculative bubbles, and many retained their value due to their intrinsic long-term value in manual labor, craftsmanship, engineering, history, and collectors demand. Tulips were left to pure unrestrained speculation… with obv zero long-term value which doesn’t seem to have been appreciated at the time.

    • @deadprivacy
      @deadprivacy 14 дней назад

      @@joezunenet oh absolutely, but there are so many watches being produced now, its sfe to say we are in quite the bubble at this moment .
      A very sustainable one with the current interest in collecting but we already saw the rolex market saturation point bubble pop.
      Im not blinded by the faddish nature of fashionable items.
      Watches will always be a tool necessity but quartz fills that gap like no other ever can.
      They are, largely, a completely unnecessary jewellery item atvthe end of the day.
      Widespread popularity will eventually wane.
      Look at the classic car market aside from a few extreme rarities traded by the extremely wealthy like trading cards in a history of automation set.
      I saw a collection in scotland on the late brake show the other day.
      It was spectacular in it scope of vehicles.
      A collection to rival and beat any saudi princes of racing and automotive history.
      But alsmost as sanitary and soulless as every special ferrari ever just because they command such high prices...
      You can see the investment made and not the passion.
      I see watches very much the same way and people dont even display those for a whole generation of people to look at and marvel how this technology has changed the world.
      Same with watches people are so used to beingbabke to travel by car that's like trains such history almost becomes obsolete.
      Does it work and get me form a to b is the young peoples view of cars for the most part for the majority at least.
      If youve money you just buy one with a fancier badge and smoother ride.
      Mclaren werent making moneybsonhave cashed in bybselling to the UAE, aston martin lost 5 million last year.
      Land rover jaguar have shut up production.
      Mercedes havent any money.
      The chinese motorcycles are cheaper ,and more popular than all the japanese stuff now.
      The cars are all generic, same functionalities; and will soon be driving themsleves and a large part Of that will be hybrid electric vehicles.
      Efficiency eventually beating out all other metrics for general popularity.
      New billionaires wear apple iwatches is all im saying.
      But i cannot forsee a future where all these micro brands get to exist.and the profits and sales of the big companies dont shrink their share if the fashion market

  • @kevinmatzke2299
    @kevinmatzke2299 17 дней назад +42

    People are turned off when walking into a Rolex store. Went into one in Miami and the first thing they said in a snotty voice was you can’t buy anything here nothing is for sale. Minneapolis same shitty thing. Chicago the lady there was nicer but the entire experience turned me off on buying my first Rolex. I’ve got three bond omegas and I love them. Great experience buying them also.

    • @misterzero8667
      @misterzero8667 17 дней назад +3

      In demand products are hard to get , omega are not in demand this easy availability worth 50% less when you sell them

    • @kevinmatzke2299
      @kevinmatzke2299 17 дней назад +15

      @ you still don’t treat people like crap

    • @thehonestwatchdealer
      @thehonestwatchdealer  17 дней назад +7

      Sorry to hear that Kevin, not surprised it has put you off the brand! Omega do some great watches, enjoy them!

    • @NinjaNovice
      @NinjaNovice 17 дней назад +1

      What was your attitude when you walked in? How did you present yourself? Sometimes you get what you give…..ya know?

    • @criordan5437
      @criordan5437 17 дней назад +4

      I walked into Bucherer yesterday and was only greeted by security 😂, Walked nextdoor into Omega and was treated much better.

  • @MRSNYPA786
    @MRSNYPA786 13 дней назад +3

    I got bored of waiting for Rolex AD's, so I ended up pulling the trigger on an AP skeleton, which weirdly was easier to obtain than a rolex which is 1/3rd of the price of the skeleton.

  • @ronibajralia7008
    @ronibajralia7008 2 дня назад

    Love your videos!!! As always 🫡

  • @DatnaPatna
    @DatnaPatna 17 дней назад +6

    I actually had a black Submariner but traded it for a Bluesy. Nothing wrong with the black one, and I agree that the no-date looks cleaner, but the Bluesy stands out so much more, and I fell in love with it instantly. Even though it doesn’t hold the same resale value, you’ve got to go for what you love in the end.
    Btw, I love these videos mate 👍

    • @paulvon2378
      @paulvon2378 17 дней назад +2

      my $45.00 Timex keeps more accurate time.

    • @kokhowlong
      @kokhowlong 16 дней назад

      ​@paulvon2378
      Rolex watches are for beyond keeping accurate time.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +1

      It surprised you fell in love, it’s such a stunning watch isn’t it!
      Thanks for watching mate glad you liked it!

    • @kokhowlong
      @kokhowlong 16 дней назад

      @@paulvon2378
      Rolex is not for people to keep accurate time

    • @DavidWilliams-zn2nc
      @DavidWilliams-zn2nc 16 дней назад

      @@paulvon2378 move on then🤷🏻‍♂️these channels re for enthusiasts, not 🔔 🔚s

  • @sutats
    @sutats 17 дней назад +5

    I guess I'll have to stick to my MoonSwatches.

  • @AndreaDoesYoga
    @AndreaDoesYoga 17 дней назад +5

    Impressive market shift in 2024, thanks for sharing! 👏

  • @TheRealGurney
    @TheRealGurney 14 дней назад +1

    Thanks for another good video. The Rolex market is changing a bit. My friend walked into an AD in Stratford last week and was offered the choice of an Explorer 2 (black), a Root Beer GMT and a few Wimbledons. That was an impossibility not that long back. Not top sought after models I know but also not the usual offerings if any at all. With the Coke GMT rumours next year from the recent (ish) patent submissions who knows what could happen.

    • @thehonestwatchdealer
      @thehonestwatchdealer  13 дней назад

      Thanks for watching, glad you enjoyed it!
      Yes times are changing indeed, it will be interesting to see what happens next year! 👌🏻

  • @billchan6180
    @billchan6180 14 дней назад

    Merry Christmas Charlie and keep the vids coming🎉

  • @James20013
    @James20013 8 дней назад

    What is the current market value of the 116576tbr?

  • @SocietyX.
    @SocietyX. 16 дней назад +14

    Honestly I would sooner have a super clone than deal with a Rolex AD

    • @WatchesGalore
      @WatchesGalore 13 дней назад

      You are spending money on a fake watch so why not buy another real brand and at least you have something to show

  • @Dwh1978
    @Dwh1978 17 дней назад +2

    Thanks for all your great video content and advice over 2024! I’m hopeful of being in a position to buy my first Rolex in 2025. Won’t be doing the dance at the AD will be going straight to the grey market!

    • @thehonestwatchdealer
      @thehonestwatchdealer  17 дней назад

      Thanks mate really appreciate that! Glad you have enjoyed the content throughout 2024! All the best for next year 👍

  • @Syhbw
    @Syhbw 17 дней назад +4

    Still difficult to get steel Subs/GMTs/Daytonas/DJs with preferred configs from ADs.

    • @thehonestwatchdealer
      @thehonestwatchdealer  17 дней назад +4

      Yes unfortunately still as hard as ever to get!

    • @edoardocentis515
      @edoardocentis515 16 дней назад +1

      The secondary market Is flooded with stainless steel rolexes. Where on earth do they come from???

    • @Syhbw
      @Syhbw 16 дней назад

      @@edoardocentis515 shady ADs selling to flippers and grays.

  • @NotJanine777
    @NotJanine777 15 дней назад +2

    I’ve had many Rolex’s over the years but the only one I find remotely interesting at the moment is the latest Air King. I like the coloured writing on the dial and also the fact that hardly anyone has one. Everyone wants a Sub or GMT so that they can tick a box. Personally, I’d rather have something no one else has.

    • @thehonestwatchdealer
      @thehonestwatchdealer  15 дней назад

      The Airking is something different isn’t it, great one to have in the collection! 👌🏻

    • @garyguest1885
      @garyguest1885 14 дней назад

      Got one from my AD last year & couldn’t be happier - I own a GMT & Sub but usually wear the air king.. crazy

  • @dabronxguru1824
    @dabronxguru1824 17 дней назад +2

    I was able to pick up a datejust two tone 41mm on oyster and had to add diamond bezel and a diamond Roman dial.😎also my daily is the Starbucks. Everything is for sale on independent jewelers.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад

      Congratulations mate, some incredible models you’ve managed to get!

  • @rogerteague
    @rogerteague 16 дней назад +1

    Great video Charlie, I've heard that Rolex will be increasing some of there watches by as much as 14% on Jan 1st. The rumour is that this is going to hit the bi-metal and gold watches the most. If that happens I can see a time when even the Gold Daytona's on an oyster flex will be close if not under list.
    If we end up with a market where virtually every Rolex can be bought on the grey market for list or under list how will that impact the AD's? Remember under Rolex rules to get their allocation of watches they have all invested considerable capital in setting up an approved Rolex boutique etc! If the rumours are true 2025 will be a very interesting year.

    • @thehonestwatchdealer
      @thehonestwatchdealer  15 дней назад

      Thank you Roger hope you are well!
      Yes it is going to be very interesting indeed to see how next year plays out! 👌🏻

  • @Steve-s3x
    @Steve-s3x 15 дней назад +1

    Do you have any recommendation for high-quality and/or decent watch cases? Both in wood style and black hard case (USA)? Current watches own - Rolex, Patek, AP, VC... Thank you!

    • @tictocbang7443
      @tictocbang7443 14 дней назад +1

      Bosphorous Leather, Rapport, Scatola del Tempo

  • @jondavies4027
    @jondavies4027 17 дней назад +1

    Another great video Charlie boy.

  • @jlenno6721
    @jlenno6721 17 дней назад +25

    Cannot see the market returning. Post Covid, less demand, less waiting time with ADs means lower grey market prices

    • @thehonestwatchdealer
      @thehonestwatchdealer  17 дней назад +5

      It will be interesting to see how it goes in 2025 👍

    • @DavidWilliams-zn2nc
      @DavidWilliams-zn2nc 17 дней назад +3

      Whatever the market, it doesn’t make any difference to the grey dealers.
      They work on a 20% mark up!
      Percentages are percentages 🤷🏻‍♂️
      They’ll make the same!

    • @chrisprysok7634
      @chrisprysok7634 16 дней назад +1

      I waited 3 weeks for a Wimbledon on jubilee smooth.

    • @OhioVworld
      @OhioVworld 16 дней назад

      @@DavidWilliams-zn2ncNonsense, I can get a SD43 under list any day of the week here.

    • @sensational_cellar8606
      @sensational_cellar8606 16 дней назад

      @@DavidWilliams-zn2nc The dealers who have loaded up on stock that’s losing value are in a tricky situation. They can’t sell it for what they’d planned to

  • @MrHav1k
    @MrHav1k 16 дней назад +5

    Rolex is great, but once you've had one you realize there are other brands out there that are also worth your attention. Perhaps that's also playing a role in the softening of the market. Good video Charlie.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад

      Thanks mate so glad you liked this one!
      You are right, some fantastic brands out there!

  • @burakcengelci4916
    @burakcengelci4916 16 дней назад

    really appreciate the effort you put into these videos! Your insights into market trends, pricing, and industry updates are incredibly valuable and well-presented. Keep up the great work! Thank you🙏

    • @thehonestwatchdealer
      @thehonestwatchdealer  15 дней назад

      Thank you mate I really appreciate that, so glad you enjoyed them and thanks for watching! 🙌

  • @JohnFinnamore
    @JohnFinnamore 15 дней назад

    Love your channel.. will 100% be visiting one day..!

  • @lenso010
    @lenso010 14 дней назад

    which just date selling over market price as of today ?

  • @stevegellas7869
    @stevegellas7869 16 дней назад

    Great video!

  • @pm352
    @pm352 17 дней назад +3

    I enjoyed this video

  • @chazboyle9456
    @chazboyle9456 17 дней назад +6

    buyers market charlie ? why did rolex got fined nearly £800M by france , due to their poor performance selling

  • @CopenhagenGuitars87
    @CopenhagenGuitars87 2 дня назад

    You never seem to talk about Explorer I and II. How come?

    • @thehonestwatchdealer
      @thehonestwatchdealer  2 дня назад +1

      When we get the next ones in I will try and include them in the next video - stunning watches 👌🏻

    • @CopenhagenGuitars87
      @CopenhagenGuitars87 2 дня назад

      @@thehonestwatchdealer thank you!

  • @LeanWithMike
    @LeanWithMike 14 дней назад

    Interested in your perspective of the everose sky dweller. Seems like their retail and gray market price SKYROCKETED in 2024. Retal was around $42k at the start of the year and gray market seems to command nearly $70k 😳

  • @karlsugden4161
    @karlsugden4161 17 дней назад +1

    Hi Charlie, I hope you and all your family and friends are all keeping healthy. It's been an incredible year, and 2025 will be even better.? Wishing you and all your family and friends a wonderful magical Christmas and New Year filled with joy happiness kindness love and with gratitude for everything we have received though out 2024 🎄best wishes

    • @thehonestwatchdealer
      @thehonestwatchdealer  17 дней назад

      Thanks Karl really appreciate it! Hope you have a great Christmas and New year. Look forward to hearing from you in 2025! 🙌

  • @honker3282
    @honker3282 16 дней назад +1

    I am constantly "amazed and shocked" at the number of people who "wait for ages" to get their hands on hard-to-get Rolex models, and then sell them the next day ! I fail to understand the mindset of some people.

  • @Yogi1924x
    @Yogi1924x 17 дней назад +142

    always amazed by your ability to milk the same subject over and over again. Next week...."how to wear a rolex on your left hand"?

    • @Harrythehun
      @Harrythehun 17 дней назад +15

      I'm interested in the trajectory for the second hand prices. I'm saving up for a new watch.

    • @steved2008
      @steved2008 17 дней назад +6

      Oh bore off

    • @jtirello3_111
      @jtirello3_111 17 дней назад

      Go away troll.

    • @P-L-J_
      @P-L-J_ 17 дней назад +21

      Quit your negative yapping.
      It’s Sunday night ✅
      It’s Christmas ✅
      Charlie’s doing his thing ✅
      Let the man work.

    • @patrik3450
      @patrik3450 17 дней назад +4

      Even though I don’t care much about Rolex. His channel is actually really good about the watch market, because Rolex is king and the declining market is worse on other brands

  • @LastWatch
    @LastWatch 16 дней назад +1

    Why would anyone sell a new Rolex to a grey market dealer under list, unless they’re getting a massive discount on the RRP from the AD

    • @jenan9016
      @jenan9016 16 дней назад +2

      Because they bought that Rolex just to have purchase history and get in line for the one he/she actually wanted? It's not uncommon.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +1

      Usually to work their way up the list for the bigger pieces 👍

  • @BrettDon11
    @BrettDon11 11 дней назад

    If you were getting your first Rolex would you go DateJust 36 Wimbledon or the Bruce Wayne GMT?

    • @thehonestwatchdealer
      @thehonestwatchdealer  11 дней назад

      Both incredible options, go with which you will wear and enjoy most!

  • @anthonygray7012
    @anthonygray7012 16 дней назад

    Looking for a daily watch. Love the Rootbeer more toned down than my bluesy but is it a daily 🤷‍♂️ . So narrowed down to the Bruce Wayne Jubilee or Sprite jubilee. Pepsi was a contender but after researching the subject to quite some extent, seems the bezel is too brittle. Didn’t know the chemical composition is very different from the other ceramics. Also RSC are breaking most of them during full services….. not sure I’d want a watch worried about the bezel cracking after a minor knock.

    • @dhfozzie
      @dhfozzie 16 дней назад

      😂😂😂😂

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +1

      That’s very true! Some good options there, always go with what you will wear and enjoy most. Especially with it being a daily 👌🏻

  • @MaybachZ
    @MaybachZ 16 дней назад

    Gonna be exciting to see how the OF Daytonas will be affected by the increased prices in jan 25. Not sure if they're in the + 14 % as well as full gold etc.

  • @davidbrown9947
    @davidbrown9947 17 дней назад +2

    These tons and tons of watches you have sold, can we some videos please of these transactions please? If so when. Thanks in advance

    • @stormzybanksy
      @stormzybanksy 14 дней назад

      Don’t know if that’s possible - customer privacy

  • @shanghaiffgg
    @shanghaiffgg 16 дней назад +5

    Rolex should just increase pricing to where the market finds equilibrium and stop this stupid dance that jerks everyone around. Imagine having to buy models and products you don't want for the privilege of joint a waiting list for something else and suffer the ridiculous behavior of the ADs. It's disrespectful to customers and is hurting the brand.

  • @Coolguy24686
    @Coolguy24686 16 дней назад

    How is the Black dial Daytona 116500ln as a daily piece? Such a nice sized top tier versatile daily wear for smaller to mid sized wrists. Do you agree?

  • @CHealy-w2z
    @CHealy-w2z 16 дней назад

    Love the videos but I genuinely struggle to understand how the operation works it feels like this is your passion and I love that but for me this whole industry is based on selling people a dream of exclusivity similar to the hype shoes runners market which for me such a soleless thing to do just my opinion

  • @joeclifford4953
    @joeclifford4953 17 дней назад +1

    Fabulous informative video. Great watch . Excuse the pun .

  • @kkrsnn5632
    @kkrsnn5632 16 дней назад +1

    2024: watches other than Rolex still measure time

  • @andrewjackson8089
    @andrewjackson8089 15 дней назад +1

    A “small decline” is 10% on your graph 😮

  • @CraigLondon
    @CraigLondon 17 дней назад +8

    I would've happily paid retail price for a Rolex earlier in the year, but nobody was interested in selling me one no matter where I went. I ended up buying the new Tudor BB GMT because I could actually get one. Next time I get a few quid, I might have better luck 🤞

    • @misterzero8667
      @misterzero8667 17 дней назад

      You and a million others want Daytona's and Pepsi at retail why should. You get one over big spending customers

    • @dabronxguru1824
      @dabronxguru1824 17 дней назад

      What!! Nah 😂 I was able to upgrade my 36mm two tone datejust to a two tone 41mm and also buy a used Starbucks. Great prices on both at reputable jewelers.

    • @CraigLondon
      @CraigLondon 17 дней назад +1

      @@misterzero8667 How do you know what I wanted? I'm not interested in a Daytona or a Pepsi for that matter. Thanks for assuming you know me or what I was looking for. Stupid comment, silly boy

    • @Mr1971mccarthy
      @Mr1971mccarthy 17 дней назад +2

      Why would you return after poor treatment. I certainly won’t be buying Rolex anymore. Previously purchased over 10

    • @paulvon2378
      @paulvon2378 17 дней назад +3

      smart move! The BB58 keeps the same time as the Rolex.

  • @Tiki14197
    @Tiki14197 10 дней назад

    How can I contact your business?

    • @thehonestwatchdealer
      @thehonestwatchdealer  10 дней назад

      Feel free to reach out via the website:
      Www.theluxurywatchcompany.com

  • @DecoyVoice
    @DecoyVoice 17 дней назад +4

    man the pikachu is so amazing, doubt the hype will go down anytime soon

    • @BriiBabyyxoxo
      @BriiBabyyxoxo 16 дней назад +1

      Didn't expect to see your here. Love the content and merry Christmas.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +2

      Such a stunning model isn’t it you could be right there! 🙌

  • @teddynjoto
    @teddynjoto 17 дней назад +1

    What do you say between the Submariner and Submariner Date? Should you choose one first, which of the two would you pick?

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +2

      It’s all personal preference, I would choose the 124060 👍

    • @BobbyDazzler888
      @BobbyDazzler888 16 дней назад

      Rolex is about flex so you get date. Clueless people will think you may have a fake without the date magnifier

  • @dogonala8979
    @dogonala8979 17 дней назад +1

    Surprised Starbucks didn’t make it in the list for the submariners…

  • @Jamesn284
    @Jamesn284 17 дней назад +1

    So the two tone models are under retail but you still sell them at/above retail?

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад

      Yes so these are on the border, under to sell, over to buy 👍

  • @coopandcarter
    @coopandcarter 16 дней назад +1

    I've never wanted anything , cars, firearms or watches to pay over retail.

  • @ianandrew8030
    @ianandrew8030 16 дней назад

    What's the Ref. for the Ghost Charlie is it 126519LN 👍 Stunning Watch ❤

  • @wicked-witch-of-the-west
    @wicked-witch-of-the-west 11 дней назад

    Just put name my down for a BLNR in two different UK AD's, do you think i stand a chance at getting a call in 2025 with no prior purchase history. Also do you think grey prices will continue to drop, despite a price hike in January?

    • @thehonestwatchdealer
      @thehonestwatchdealer  11 дней назад +1

      It’s very hard to say, we will have to see what happens!
      Regarding the call, each AD is different as they have different sized client lists and different allocations, but you never know! 🤞

  • @Sjoldschool
    @Sjoldschool 17 дней назад +1

    I have my name down for a Bruce Wayne and a Submariner, I’ve bought the Seadweller 43 anniversary because it was available and it goes towards my spending history for my two watches that I’m wanting… still waiting for a call, I’m not the most patient person and this waiting list thing is not for me, I’ll give it another six months or so then I’m going to buy a motorcycle and just keep the Seadweller 43 screw Rolex and all this waiting list rubbish.

    • @OhioVworld
      @OhioVworld 16 дней назад +1

      SD 43 offered to me me 20 mos. ago- I declined, not taking that L.
      I’ll get it for 10.6K lightly used soon.
      Prefer my Tutor tbh, which I got for 30% below retail all inclusive by paying cash.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +1

      Yes unfortunately it can take a long time for some models. Hopefully you get the call soon! 🤞

  • @technicalbs706
    @technicalbs706 17 дней назад +4

    Got my Bluesy last week

    • @thehonestwatchdealer
      @thehonestwatchdealer  17 дней назад +3

      Congratulations mate such a stunning watch! Enjoy it 👌🏻

  • @rotzloffel4436
    @rotzloffel4436 16 дней назад

    Full Gold will increase on Second Market as the List Price goes up as hell

    • @MaybachZ
      @MaybachZ 16 дней назад +1

      It's gonna be interesting to see how much the prices will be affected. Full gold and on oysterflex as well.

    • @rotzloffel4436
      @rotzloffel4436 16 дней назад +1

      @ i think people will buy more on second market before spending 47400€ for a 126715 for example….in my opinion 🤷🏻‍♂️ …extradition will get less on second market for 2025 versions…-> prices increase on second

  • @deepseadweller687
    @deepseadweller687 17 дней назад +3

    All watches need to be available at every AD and at retail prices thats what will ultimately kill the entire industry as most people don't care after awhile and loose interest like me a life long WIS.

    • @stormzybanksy
      @stormzybanksy 14 дней назад

      I also think that, ironically, the moment they’re readily available at AD’s, consumer interest will plummet. People only want what they can’t have.

  • @TheLegendaryLinx
    @TheLegendaryLinx 16 дней назад +9

    Only buy these watches when you are in abundance in your life. If you have to save up, you don't belong in this lane! Don't lie to yourself and to others thinking you made it when in fact you did not! No body cares if you wear a Rolex. Only people you impress are poor and young people.

  • @adamspokes990
    @adamspokes990 16 дней назад

    How can a £9500 RRP date just currently be going for £13k?! Over 30% increase is ridiculous

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад

      The popularity and scarcity of the more sought after pieces is what determines it!

    • @adamspokes990
      @adamspokes990 15 дней назад

      @ I appreciate that but datejusts are not that scarce (compared to some other Rolex models) to warrant such a large % increase over RRP.

  • @Freethinkers19849
    @Freethinkers19849 17 дней назад +1

    Great video Charlie as always! Would you recommend more a 126 black as a daily or the Ghost?

    • @David-yd6ur
      @David-yd6ur 17 дней назад +2

      Ironic that your username is, 'Freethinkers'

    • @Freethinkers19849
      @Freethinkers19849 17 дней назад

      @ wtf is it to you David

    • @David-yd6ur
      @David-yd6ur 17 дней назад +1

      @@Freethinkers19849 Ask someone to explain it to you 🙄

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад +1

      I would go with the ghost 👍

    • @Freethinkers19849
      @Freethinkers19849 16 дней назад

      @@thehonestwatchdealer agree. Less gap between MSRP and retail as well. Thanks!

  • @chadmagnifici2347
    @chadmagnifici2347 16 дней назад

    I just bought a brand new Rolex Submariner Starbucks 2024 for £13000. Good price?

  • @MrDuanewarren
    @MrDuanewarren 15 дней назад

    No one in the right mind is gonna spend a small fortune on a watch knowing it’s gonna lose money a present time

  • @DEFENDER-lx2hs
    @DEFENDER-lx2hs 17 дней назад +6

    The Honest Watch Dealer.Right.Pull the other one:)

    • @shanghaiffgg
      @shanghaiffgg 16 дней назад +1

      what specifically do you feel he is being dishonest about? Seemed pretty transparent to me about pricing.

    • @DEFENDER-lx2hs
      @DEFENDER-lx2hs 16 дней назад

      @@shanghaiffgg Amybody who puts Honest in there name,never is.Its just the way things are.Con men do that stuff.

  • @AIME-z3h
    @AIME-z3h 16 дней назад +1

    I would buy a rolex watch from luxury watch only if he sells it at retail or under not a penny morre no way he is going to make 5 or 10%

  • @kaina732
    @kaina732 16 дней назад

    I want a Ghost or Panda to go along with my Sub date and Batgirl.

  • @hemantishwaran5741
    @hemantishwaran5741 17 дней назад +4

    A buyers market is when the all steel watches are no more than 15% above retail on the gray market for a new unworn. I’m not buying until that happens. In the meantime plenty of beautiful watches can be had from AD’s from other brands with little to no wait times. Time for Rolex to squash the gray market.

    • @misterzero8667
      @misterzero8667 17 дней назад +1

      You won't get Daytona of gmt then

  • @edoardocentis515
    @edoardocentis515 17 дней назад +4

    I still don't understand how the gray market retailers get their watches. Perhaps of the contracts with AD's which prefer to sell them at higher prices rather than at retail to the "normal" clients. Sad, very sad.

    • @misterzero8667
      @misterzero8667 17 дней назад +2

      They buy them off Rolex customers what is hard to understand

    • @cartierwatchnerd
      @cartierwatchnerd 17 дней назад

      Watches are always being sold or traded by collectors.

    • @dodgek5270
      @dodgek5270 16 дней назад +1

      If you follow any gray watch market. You'll realize how many they buy and sell a day.

    • @edoardocentis515
      @edoardocentis515 16 дней назад +2

      I call them flippers, not collectors.

    • @cartierwatchnerd
      @cartierwatchnerd 16 дней назад

      @@edoardocentis515 you don’t need to keep watches forever to be a collector. Sometimes you get bored of a watch or wish to trade up to something even better. Good thing about Rolex is that you can sell or trade up and not lose money.

  • @rollie5579
    @rollie5579 11 дней назад

    My AD still says "demand is high , I have to wait years" LOLOLOLOLOL same old BULLSHIT

  • @robertbellwood46
    @robertbellwood46 17 дней назад +3

    I have just sold my james Cameron which I purchased from a rolex AD in 2017, I ordered 2 other models in early 2018 and all I've had from them every time I enquired about my order is lies and excuses, they even lied to my face in January 2020 about my collection of said watches. Still waiting and still getting nothing but fobbed off. Not honest people to deal with and as a result of my experience with ADs I wouldn't put a rolex on my wrist if they paid me.

    • @David-yd6ur
      @David-yd6ur 17 дней назад +1

      Change the AD!

    • @shanghaiffgg
      @shanghaiffgg 16 дней назад +1

      yes AD behavior is destroying the brand. So many people feel cold now towards the brand. I wouldn't be see in one now as a direct result of AD behaviour and scarcity sales model.

    • @thehonestwatchdealer
      @thehonestwatchdealer  16 дней назад

      Very sorry to hear that Robert. Unfortunately a lot of ADs give terrible customer service, though there are some good ones out there.
      Hopefully you end up getting the call soon 🤞

  • @alexwestworth6962
    @alexwestworth6962 17 дней назад +1

    If the dealer is buying and selling at increasingly lower prices but keeping their mark-up in pounds terms fixed, the dealer's gross profit margin % will improve.

  • @davidbrown9947
    @davidbrown9947 16 дней назад

    These bullet proff, desirable watches, call him and ask him for a price to sell.....

  • @albertmeyer8983
    @albertmeyer8983 7 дней назад

    It is not a buyers market. Rolex at AD’s are super scarse

  • @2000masf
    @2000masf 20 часов назад

    This Rolex AD strategy is an offense to customers. You can’t buy it in the AD but you find it in the gray market for 30-40% more or even the double. A chain making money on the shoulders of desperate customers!!

  • @brianle998
    @brianle998 15 дней назад

    Great

  • @MexicaHODL
    @MexicaHODL 14 дней назад

    Dont sell your watches to gray market dealers. Watch what heppens to your time piece price.

  • @n-da-bunka2650
    @n-da-bunka2650 14 дней назад

    Market SATURATION! Lower demand due to few men wearing watches as status symbols. We all KNOW the thing that drives this market is not intrinsic value but rather is the prestige associated with wearing them and with the younger generation getting wise that value is simply artificial.

  • @AIME-z3h
    @AIME-z3h 16 дней назад

    Never buy from grey market your getting screwd

  • @fookbia8875
    @fookbia8875 15 дней назад

    Rolex is increasing production by 20% lol

    • @garyguest1885
      @garyguest1885 14 дней назад

      Their new factory will easily do that

  • @mikewatson-f1q
    @mikewatson-f1q 14 дней назад

    LOL he's bigging himself up but he's got like 20 watches for sale.

  • @suzylawrence6
    @suzylawrence6 16 дней назад

    “Watch dealer” remind us all what other brands you have shown interest in this year..all you are is a flipper increasing the prices for all.

  • @theofficialpeterkim
    @theofficialpeterkim 17 дней назад +1

    Will they being playing these games as part of their business practice, similar to Hermes, Ferrari, Porsche, etc. or will ever go back to normal?

    • @dodgek5270
      @dodgek5270 16 дней назад

      I prefer they keep playing such games because if they don't then all these "luxury" brands will lose their perceived exclusivity status and drive prices below retail.

  • @nickhull83
    @nickhull83 17 дней назад +1

  • @_The_Archer
    @_The_Archer 16 дней назад +2

    Garbage - cant even get tbe rrp correct

  • @vinhhuynh1205
    @vinhhuynh1205 17 дней назад

    Hard to believe you would buy two tone watches at retail from the AD and sell under retail unless the AD is selling you extreme hard to get models.

  • @dhfozzie
    @dhfozzie 17 дней назад +2

    Visited my AD this week had my customary champagne picked up my 17th watch dont give up guys your time will come
    Merry Christmas watch lovers ❤

  • @scottlucidi6476
    @scottlucidi6476 17 дней назад +4

    My advice - get rid of your inventory. Watches about to get hammered.

    • @Watch-Out-Watches
      @Watch-Out-Watches 17 дней назад

      The secondary grey watch market is dead

    • @LordDaveKoresh
      @LordDaveKoresh 17 дней назад

      Interesting to know your reasons?
      Mine are:
      1 - smartwatch might finish off mechanical where quartz couldn’t.
      2 - theft. Flash stuff is just too dangerous now. The tide has turned and people are happier to “eat the rich”

  • @davidbrown9947
    @davidbrown9947 16 дней назад

    Lol at this nonsense. People are not mostly imbecilies

  • @bsee69
    @bsee69 15 дней назад

    Won't buy a rolex with the bs games ads play. Tudor suita my needs more then rolex ever will

  • @BobABooey.
    @BobABooey. 17 дней назад +1

    When the Coke comes back, thats going to get everyone excited about Rolex again.

    • @David-yd6ur
      @David-yd6ur 17 дней назад +1

      Not I.

    • @BobABooey.
      @BobABooey. 17 дней назад +1

      @@David-yd6ur They submitted a patent on a red and black dial a couple of years ago, it's coming back, this time on a ceramic dial.

    • @David-yd6ur
      @David-yd6ur 17 дней назад +1

      @@BobABooey. Maybe so, but it doesn't interest me.

    • @BobABooey.
      @BobABooey. 17 дней назад

      @@David-yd6ur Good, one less to compete against .

    • @David-yd6ur
      @David-yd6ur 17 дней назад

      @@BobABooey. Ha! There's always a positive.

  • @Fishfishfish-1234
    @Fishfishfish-1234 17 дней назад

    First

  • @HonestWatchChannel
    @HonestWatchChannel 15 дней назад

    I don't trust any watch diller who only owns 1 shirt.

  • @TheFragranceDecantBoutique
    @TheFragranceDecantBoutique 16 дней назад +1