Based on quotes I have gotten on my omega, 2 Rolex Daytona’s and a jlc, I would not waste my time getting a quote from LB. Adrian will low ball you and usually pretty rude in the process. Sold my watches to other large dealers off the Rolex forum for far more cash.
@@TheDryDown that is not always true. Davidsw is one of the largest gray market dealers in the country that is one example. He has a storefront with every single watch in inventory on display with huge presence on the Rolex forum and other watch forums. Spoke highly of by Archie luxury and others. He warranties every watch and backs it up as genuine. All that without the cocky abrasive attitude of adrian. I love Marco but he has to run everything thru Adrian.
@@TheDryDown I agree. Davis is great and solid. One of my friends in a local Rolex ad sa. He had similar experiences that I did with Adrian. He was getting low ball offers and attitude on trades for a very unique independent watch. He ended up reaching out to Roman and got the deal he wanted and was treated with respect without the abrasive attitude. He was def use Roman again.
YEAH BABY.!! 45 MINUTES IS A HUGE IMPROVEMENT. Still wish it was at least an hour but your definitely on the right path. It's crazy that I've never been into watches yet I can't get enough of your content. Keep up the good work.
I think Ebay Sold Listings can be hit or miss, for instance if a watch has sold 100 times in the last month for around 10K, you have a great great idea that its work 10K. But if it sells 2-3 times a year with numbers all over the place that can be misleading. The Amount of Listings Available to Sold Listings is a great indicator. You can never go wrong if a watch is way outselling the amount of available listings, thats a sellers market.
If Rolex is compred to Toyota AND Honda what do you of Omega and Tudor? it doesn't make sense to me. Most people compare Patek to Rolls Royce which makes sense but the gap between Rolls Royce and Toyota its a far cry, which watches fit the BMW and Mercedes? If it was me i would compare Rolex with Porsche, its luxury that you can use everyday but won't break, yet not on the same level as Rolls Royce, Bently etc. Just saying
I want a two-tone submariner or daytona, does anyone know if two-tone grow in value as much as oystersteel? I haven't really seen 2-tones growing exponentially or are all rolexes really not going to grow in value.
You haven’t seen them grow exponentially because they don’t. Some Rolex two-tone are now selling on the grey market for slightly below retail to slightly above (e.g. 5% either way).
@@markreynolds9135 but steel do though? Personally i want to get a two-tone for myself to enjoy it and if i can resell it for a little over or what i paid for it would be perfectly fine for me. Primarily i want the rolex for myself but would love something to hold value or make some on the top in the future.
Just checked the website. Very poor selection of Rolex . They don’t have a No date Sub in stock or a Explorer 214270 for example . Only one Sub Date Ln and very overpriced. Pretty shocked to be honest.
I don't want to contradict Adrian but don't bring your very nice watch to any local jeweler to pop the bracelet off. Some places, usually those who sell fashion watches will use that scraper style larger than needed chinese tool and mess up your watch. Be sure they sell and handle luxury watches and be anal about ceramic and plated watches especially!
Done business with Adrian in the past and is always available to answer my questions (even though at times I can be a pain in the ass). He is always very professional and a class act 👍 Ed 🙏
Idk where you buy cars but trading in a vehicle is the worst way to do it.. you get more selling your vehicle outright than you do trading it in my wife used to trade in everytime and I showed her how she was losing atleast 2k but usually 3 to 4k and so now we sell the car and she makes out way better but we also buy vehicles outright we don't get loans for stuff because loans are horrible you pay way more that way
I think what he means is that you get more while BUYING from a dealer, if you trade in something. Obviously selling your car privately is more profitable than trading it in to a dealer (because they have to have margin for profit) while you don't. But if you want to buy a car from them, they will try to maximize that margin. Well, by trading something in for that new car you're buying, they have the opportunity to make margin on both the car they're selling you, AND the car you will trade-in once they sell it to someone else: So they're willing to give you a better deal on your purchase. I'm a buyer in the automotive industry and that's exactly how we operate.
Great advice!by Adrian. I think the best way is to let a reputable dealer like Luxury Bazaar handle your watch sale, maximizing your profit and insuring you getting a straight forward deal. Either by selling directly or perhaps consignment. Thanks Avi, another good podcast that will definitely help people☺
Yeah, but a lot of people but believing that the stock markets gonna crash just like the Rolex market luxury watches in general it’s called we’re going into the great depression
So basically what he’s saying is on a 10,000 dollar watch -25% that’s $2,500 so that’s MSRP or lower we are selling are watches for. So why the hell would I ever buy a watch on the grey market. The grey market will be dead soon or just limited to discontinued pieces . I can’t believe people sell there watches to these people ! Or buy them from grey market. It’s such a scam
So I sell him a watch that he’s gonna sell for $10,000 I get $7,500 for it??!! Hell that’s at or below what I paid for the watch. So who in there right mind,would turn around and buy a watch from the grey market??
rolex is partially Ferrari by soul. because they treat everyone like peasants and won't sell you what you want unless you "prove yourself a high value customer" by buying everything they want to sell you first. they also play games with their stock and availability to capitalize on marketing/advertising and maintain an elitist persona
It hasn’t always been like that tho. Just like the past few years when there has been a lot of hype around pieces, mainly due to all the money that was pumped into the economy
Based on quotes I have gotten on my omega, 2 Rolex Daytona’s and a jlc, I would not waste my time getting a quote from LB. Adrian will low ball you and usually pretty rude in the process. Sold my watches to other large dealers off the Rolex forum for far more cash.
In fairness to LB, those forum dealers don’t have the overhead and support resources that LB does.
@@TheDryDown that is not always true. Davidsw is one of the largest gray market dealers in the country that is one example. He has a storefront with every single watch in inventory on display with huge presence on the Rolex forum and other watch forums. Spoke highly of by Archie luxury and others. He warranties every watch and backs it up as genuine. All that without the cocky abrasive attitude of adrian. I love Marco but he has to run everything thru Adrian.
@@dclovewatches1651 DSW is great. I don’t consider his operation as a “forum dealer”.
@@TheDryDown I agree. Davis is great and solid. One of my friends in a local Rolex ad sa. He had similar experiences that I did with Adrian. He was getting low ball offers and attitude on trades for a very unique independent watch. He ended up reaching out to Roman and got the deal he wanted and was treated with respect without the abrasive attitude. He was def use Roman again.
I‘ve never had any dealings with Adrian, but he comes across as one cocky, pompous M*er.
YEAH BABY.!! 45 MINUTES IS A HUGE IMPROVEMENT. Still wish it was at least an hour but your definitely on the right path. It's crazy that I've never been into watches yet I can't get enough of your content. Keep up the good work.
That’s the best kind of comment! Our goal is to educate, entertain, and bring new enthusiasts into the watch world!
This really made me think about scenarios I never considered before. Thank you for sharing. Looking forward to the next one.
What is a scernario?
Adrian is one of a kind. Thanks for the insights, lads.
would imagine there being mere watch brands the car brands , love your channel guys. bringing passion to the game
I think Ebay Sold Listings can be hit or miss, for instance if a watch has sold 100 times in the last month for around 10K, you have a great great idea that its work 10K. But if it sells 2-3 times a year with numbers all over the place that can be misleading. The Amount of Listings Available to Sold Listings is a great indicator. You can never go wrong if a watch is way outselling the amount of available listings, thats a sellers market.
@Adrian do the new price markups from AP, Rolex etc have an effect on what your time piece is worth as of today from last year?
Great episode!
Excellent advice thanks guys love the podcast.
Glad you enjoyed it!
how about the under say 5000 dollars brands like ball ,doxa tudor ,eglin types of brands
Good video
Glad you enjoyed
Another incredible episode, keep them coming!!!!
Thank you for the support!!
If Rolex is compred to Toyota AND Honda what do you of Omega and Tudor? it doesn't make sense to me. Most people compare Patek to Rolls Royce which makes sense but the gap between Rolls Royce and Toyota its a far cry, which watches fit the BMW and Mercedes?
If it was me i would compare Rolex with Porsche, its luxury that you can use everyday but won't break, yet not on the same level as Rolls Royce, Bently etc.
Just saying
I want a two-tone submariner or daytona, does anyone know if two-tone grow in value as much as oystersteel? I haven't really seen 2-tones growing exponentially or are all rolexes really not going to grow in value.
You haven’t seen them grow exponentially because they don’t. Some Rolex two-tone are now selling on the grey market for slightly below retail to slightly above (e.g. 5% either way).
@@markreynolds9135 but steel do though? Personally i want to get a two-tone for myself to enjoy it and if i can resell it for a little over or what i paid for it would be perfectly fine for me. Primarily i want the rolex for myself but would love something to hold value or make some on the top in the future.
I kind of wish rolex would do that too, scale down production but not by a lot more and just make their value go up.
There's also 2.4m BMW sold last year.
I hope they all leased them...
i liked👍👍
Just checked the website. Very poor selection of Rolex . They don’t have a No date Sub in stock or a Explorer 214270 for example . Only one Sub Date Ln and very overpriced. Pretty shocked to be honest.
I don't want to contradict Adrian but don't bring your very nice watch to any local jeweler to pop the bracelet off. Some places, usually those who sell fashion watches will use that scraper style larger than needed chinese tool and mess up your watch.
Be sure they sell and handle luxury watches and be anal about ceramic and plated watches especially!
You may compare Rolex in watches to Audi in cars
Done business with Adrian in the past and is always available to answer my questions (even though at times I can be a pain in the ass). He is always very professional and a class act 👍 Ed 🙏
Idk where you buy cars but trading in a vehicle is the worst way to do it.. you get more selling your vehicle outright than you do trading it in my wife used to trade in everytime and I showed her how she was losing atleast 2k but usually 3 to 4k and so now we sell the car and she makes out way better but we also buy vehicles outright we don't get loans for stuff because loans are horrible you pay way more that way
I think what he means is that you get more while BUYING from a dealer, if you trade in something. Obviously selling your car privately is more profitable than trading it in to a dealer (because they have to have margin for profit) while you don't. But if you want to buy a car from them, they will try to maximize that margin. Well, by trading something in for that new car you're buying, they have the opportunity to make margin on both the car they're selling you, AND the car you will trade-in once they sell it to someone else: So they're willing to give you a better deal on your purchase. I'm a buyer in the automotive industry and that's exactly how we operate.
Imagine selling your black dial Daytona to a GM dealer for $21,000 lol may as well keep it at that point
Great advice!by Adrian. I think the best way is to let a reputable dealer like Luxury Bazaar handle your watch sale, maximizing your profit and insuring you getting a straight forward deal. Either by selling directly or perhaps consignment. Thanks Avi, another good podcast that will definitely help people☺
Thanks for the comment!
If I had to compare it to a auto maker , Porsche .
Yeah, but a lot of people but believing that the stock markets gonna crash just like the Rolex market luxury watches in general it’s called we’re going into the great depression
So basically what he’s saying is on a 10,000 dollar watch -25% that’s $2,500 so that’s MSRP or lower we are selling are watches for.
So why the hell would I ever buy a watch on the grey market.
The grey market will be dead soon or just limited to discontinued pieces . I can’t believe people sell there watches to these people ! Or buy them from grey market. It’s such a scam
We put a man on the moon in July 1969 not in 1968
So I sell him a watch that he’s gonna sell for $10,000 I get $7,500 for it??!! Hell that’s at or below what I paid for the watch.
So who in there right mind,would turn around and buy a watch from the grey market??
Mercedes looses too much value, Toyota/lexus would be a better match, last long and hold their value like a Rolex.
10 seconds in and if the answer isn’t “don’t sell your Rolex to a dealer/whole seller and sell privately” this video is a lie lol
rolex is partially Ferrari by soul. because they treat everyone like peasants and won't sell you what you want unless you "prove yourself a high value customer" by buying everything they want to sell you first. they also play games with their stock and availability to capitalize on marketing/advertising and maintain an elitist persona
It hasn’t always been like that tho. Just like the past few years when there has been a lot of hype around pieces, mainly due to all the money that was pumped into the economy
@@tylerh6315 very true. We’ll see how/if this new trend influences the future