Watch Market Update Summer 2024 - Rolex, Patek Philippe, Audemars Piguet
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- Опубликовано: 1 окт 2024
- Watch expert Roman Sharf and Head of ProcurementAdrian Taskin review the current state of the luxury watch market according to indexes such as WatchCharts, SubDial and ChronoPulse, as well as what they're seeing internally.
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Adrian 📸 / adriantaskin
Ana 📸 / watchanna.lb
Alex 📸 / nowaitlist
Kevin 📸 / chronokev.lb
Dominic 📸 / dommurphy.lb
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Adrian looks like he's questioning all of his life choices which led him to this moment and this particular industry. Also, the watch market "has stabilized" in the same way the Titanic "stabilized" after it hit the iceberg.
I've watched this channel when prices were out of this world, and when prices have tanked, and at no point have they ever said "now is a bad time to buy" XD
😂😂😂 Yes and remember Rolex wait-lists are also fake!
The watch market is dead floating face down in the back yard pool
💀 problem is there’s plenty of tomato can eater and lollipop suckers that believe their narrative. Theres only one place to go. That is MSRP.
Tomato can eaters are slowly waking up
It’s not dead because there will always be people want luxury watches. What’s dead is the huge profit days.
“Market has stabilized” you guys have been saying that for months. No, it wasn’t stable then and it’s not stable now
These guys have to pitch that narrative because all they care about is making money. It's how real estate agents will never tell it's a bad time to buy a house.
The watch market is dead 📉💀
@@John_John121 stable going down 5-10% every month
It’s still gonna fall prices will
Go back 2014-2018 prices again retail will again be worth more than preowned except some models like subs and daytonas
These guys think that they can gaslight everyone into believing their bs.
They couldn't convince their employees who all abandoned ship.
I'm honestly insulted that they think we're stupid enough for them to manipulate. Do they not read the comments? No one is buying this
Tons of cope-e-um going on here. You have to understand where we are in the product cycle. Stabilized? Watches are not in a vacuum outside of macroeconomic conditions.
WATCH MARKET IS DEAD.....WILL NEVER GO BACK AGAIN....
Saying the watch market is "dead" just sounds like clickbait for idiots.
@@choyayahyahliking your own comment is worse.
Floating in a backyard pool face down like...🖐😵🤚
The videos from this channel are always the worst lol
It is so funny how you try to enchant reality😂😂😂 better bullshit bingo than in corporations when bad results are presented. pure entertainment🎉😂
"It is year 2456, grey watch market dealers are still quoting prices from COVID market of 2022."
Watch market will stabilize when things will be sitting on shelves, until then it can only go down, just matter or time
Stop lying to people trying to make a sale
covid prices are dead in the water and over priced watches are collecting dust 😂😂😂
Market stabilized but its down lol. These guys must work for our government
It seems to stablise every month
Where is Marco haven't seen him in a minute
Left the company months ago.
What happened? Where did he go?
he got fired 😂
@@nklflpv too clever for these Guys 😂
He said he got burned out. 24/7 caught up with him
Watch market continues to tank 😂
I have never seen a “bearish” grey market dealer on social media. Remember when Adrian kept yapping about “when Hong Kong opens up…” how the market will boom? Now the market has been stabilizing for 2 years 🥴. The majority of the business from these guys are trades from previous clients where they make 20% off the trade-in watch and the 20% off the watch they sell
Man, you guys don’t have an honest opinion on this subject because you guys are SELLERS, you want to move the inventory that you already bought without taking a loss and each week that passes diminishes the probability of that from happening, all of those charts that you showed look terrible by the way.
U will pay 100k for a watch that’s valued at over 200k b/c it takes six month to sell? What rate r u borrowing as a cost of capital ? 😂
I agree it is a little crazy but cash may be costing them 9% right now.
@@aaronmauer7225 would be interesting to see whoever bought a piece from this place and attempted to sell a few months later & what the differences were …. I don’t know why but when I watch this channel, it reminds me of pump & dump schemes 😂😂
“+/- 20% is a stable market”. Ah yes black Monday. A super infamous stable time for the market.
Sorry but isn’t stable at all
Trump said when he wins in 2024 he will force Rolex & Patek to produce more SS watches. But I'm voting Kamala anyway.
This summer is gonna suck wind and rally at the end of the year
i want the watch market to drop more where i can buy submariner at 50% discount, brand new slider with all papers and box. keep dropping baby!!!!
Wait till the S&P has a 10% or more slide...maybe 20%, then the watch market will get crushed
Your revenue is 14% down but you margin is holding flat year on year tells the story of how hard you are hammering people selling inventory to you. Fair play if it works for you but the market sure is not stable.
coping so hard.
The market is not dead. People are just back to the old days. Buying watches for life events. I had a daughter and bought a pink OP. Paid over retail. You cannot get the watch. This vid is spot on. Supply and demand. No one is speculating anymore. Watches need to be bought by end users.
I feel so bad for people in the watch flipping game. Oh wait - I don't.
Be honest! You lost money and still loosing ! No one is buying watches
Whatever prices they say the real numbers are 20% lower
As crime is rising , the amount of available buyers is shrinking…. Not everyone is Mr Wonderful Kevin O’Leary riding around with security….
Amen
I look for a rolex oyster perpetual black 41mm,6550€ with authorized dealer,8500 at 9000 in greh market,so i dont see the market less expensive,unfortunatly the ad put me in waitlist for 8 month minimum....
Man… some of the haters on here need medical attention immediately! Jesus… it’s absolutely amazing why they spend time watching your videos if they literally hate yall that much. My God… get a life.
Roman… you and Adrian keep rolling.
👊🤙
Hucksters
These 3 indexes are Unreliable sources. The watch market keeps going down. Not dead yet , but things have cooled off.
Let's make a poll here: if things really rank who's the last employee standing at luxury bazaar?
To sum it up: for a watch dealer the market is always stable.
The sky is falling in this stable market!
Don't pay more than retail. Never
All dat mamacoo watches sssssoooooooo gorgeous！
Was it Guinness for the two-tone GMT on Jubilee?
Bottom line, prices are still falling.
You and me both, not me and you ! Lol😂
Hy From London 🇬🇧🇬🇧🇬🇧
Agree expensive toys as cars !
I want a Roman buys shirt!
I always enjoy your watch market update . Would like a video for keepers by this I mean people who buy timepieces and don’t plan to sell.
TWMID ☠️
Everybody says the watch market is dead. I haven’t seen prices go drastically down at all, at least for the watches I want. They remain stable and over priced.
Last up, first down. First up, last down.
How do these 3 indexes gather information to create said indexes? Do all great market dealers and AD send in reports....... highly unlikely.
Commenting to support the channel and the business. Thank you for the lively discussion. Be well be you
Is election season and choices matter, I want to know the trend of sales from crime cities/ states vs safe places… are watches being bought more from cities w/strong Attorney Generals that are strict on crime and people may wear their timepieces in public more? Wearing am expensive watch is not the same in Florida vs California. Have a friend on the travel business and he tells me about “Red State vacations” is a thing because of safety.
So Adrian, you actually reference MSDNC?
thanks for continuing to make these videos
Roman and Adrian are the definitive watch experts.
What I got out of this News Weekly today is that the market has indeed stabilized and the time to make your purchase is now. There are great watches to be had at great prices.
The numbers don't lie, all you need to do is make that phone call.
It is a buyers market.
Great episode 😊
Are you an AI bot?
@@frankphilpot No bot here, lmao. They are telling the truth, that's it and that's all.
@@frankphilpot3492how are you so sure they are truthful when they are making predictions that haven’t happened yet? They have been wring in the past.
@@frankphilpot3492how can predictions be truthful if they haven’t happened yet?
You obviously are biased and have some relationship with the business . 😂
People arent that ignorant.