MAJOR Luxury Watch Market Shift
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- Опубликовано: 8 фев 2025
- There is a major shift in the luxury watch market that is happening. In this video, I share with you the massive change as well as what it means for you as a watch collector and how you can benefit.
Email list: eepurl.com/iTWKrU
BTW, TPC was just sentenced to 6 years in prison.
As a young high schooler working in a supermarket, I always wanted to have a nice watch. I remember having a Casio that stored 50 phone numbers. Lol. The first luxury watch I saw was a Tag. That was in the 70’s. I went to college, became a cop, got married and put my three kids through Universities. I got my first luxury watch in 2023. I waited my whole life. I then decided to buy all my kids Rolex watches. Something my single mother was not able too. Knowing the value of hard work all of my children were doing, I made those purchases and now the have something they can pass on to their children. They are the true pleasure. I hope they enjoy those watches and not sell them for profit. I know I won’t. The gray market is filled with greedy dealers and I can only hope karma catches up to them
lmao
Man, I wish I had a rich parents 🤷🏻♂️
Great gifts
Unfortunately, the Rolex watch is no longer something to be worn. It's become something to trade for a quick buck. Walk into an authorized dealer, buy Submariner for 8 grand, exit the store and in the parking lot the watch is now worth 2.5 times above retail. That is a shame.
You mean you seen a Heuer. Heuer didn't become TAG Heuer until 1985
This is good news. I've loved watches from a young age, and never consider the resale value of a watch. I want to enjoy wearing my watches.
The peak in prices was WAY earlier (Mar/Apr 2022) and by the end of 22 early 23 watch hoarders began to feel the heat big time
they got greedy - it was basically price fixing by grey dealers where the last to cash out got screwed.
3 min vid stretched into a 10 min vid. Guess the trend to waste my time continues in 2025.
I guess this is the strategy when having a RUclips channel to collect more watch hours with longer videos, which brings more add revenue than from shorter videos. Also, from longer videos, you get better promotion. I have another channel covering some local topics, and I see that longer videos get indeed better promotion by the RUclips algorithm, even when the video is longer than 30 minutes.
@Watcher_in_the_Dark_studio dude, it completely flew over your head. Enjoy your long ass vids, sounds like boring content if you're just fishing for algos and clicks.
Why not a 6 hour video?
@@Marv86 I am just stating how the algorithm seems to work. I am also annoyed when content creators fish for views and attention, thus reducing the quality of their content.
Your a genuine enthusiast. Your still making videos long after exiting the business.
I’ve enjoyed your content more since you left the dealer side of things. Your genuine enthusiasm is apparent, thanks for continuing with the content.
Thank you!
Love that you're still putting out videos John
been hearing this for 2 years ... still nowhere near "a buyers market"
Demand for Rolex strill outstrips supply, and new buyers are coming into the market every day. Nothing remains static.
I buy used watches that need servicing(usually new battery) and fix them up to list on Ebay(and some to add to my personal collection, obviously). Even the cheaper watches in the $100 - $500 range is seeing a decline in sales for me, personally. I did $24,000 less in sales in 2024 compared to 2023 =(. I have to drop prices on a monthly basis to move inventory.
Your are amazing John, your enthusiasm is captivating , Thank you
Thank you!
As long as current production watches and especially used current production watches are sold at premium to retail it is not a buyers market. I don't know how long OP is involved in watch trade but if you look back 10-15 years instead of 5 you'll see what buers market means. Luxury goods is always a buyers market. Kudos to companies managed to change it but it is temporary. All luxury sooner or later will go under retail.
I buy over half my watches directly from the watch manufacturers. Pricing is generally good and I have the peace of mind of getting exactly what I'm looking for without hassle.
buy in bulk?
I will see if it’s a buyers market when I see local dealers dropping their price. I like the idea but just don’t see it yet.
Never catch a falling knife. Wait till it falls to the floor
I'm seeing nothing of the kind either, but it generates views and add revenue for content creators.
Heck, even this comment prolly made him a cent, while I still pay more and more for my watches.
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I haven’t bought a new watch in almost a year. Not sure if I will buy one before the end of the year.
Whoa. Slow down. Categories of sellers then and now is pretty confusing. Your point is often lost. 1) Tell your audience what you are going to tell them. 2) Tell them. 3) Recap and tell them what you told them.
Thanks for the content.
great content as always
Very informative 👏🏼🔥
Stop maintaining Nico the Walrus, Mr.McGoo and Tweety bird's globetrotting ways spending your children's tuition monies
Lollypop suckers and tomato cans. Evenin' ed
The muppet boiler room watch market is dead
Unbelievable but true @@gimusk5667
😂
I wouldn’t throw pennies at him, Nico is such an obnoxious prick
thanks!
❤Thank-you jon.more videos
Vintage watches are ok, but people that has built their collection on buying watches from AD’s are not going to be happy if they want to sell.
Nope, neo vintage are also crashing badly too.
very good John.
Let’s talk about some niche watches from the 90’s and the 00’s that don’t get mentioned too often.
A buyers market unlike anything in the last 15 years? Like when you could just walk in and get a steel daytona? Sorry but give me a break
Truth is Daytonas aren't really that difficult to get anymore. They were only really super rare when they used the Zenith movement and Rolex hardly made any.
They kept up desirability using the scarcity front after the change over to the inhouse movement, but in reality there are loads of safe queen modern steel Daytonas out there.
I wouldn't be surprised to see them going under msrp in the near future.
In the 2000s - his math is a bit off 20 yrs.
Timing is everything. Just got my box and paperwork ready to see what I can get for my sub 168000 triple zero. Then I see you 😢
Laughing in casio!! Sucks to be you.
@ why? Tell me how it sucks to own multiple Rolex watches and looking to sell one to buy another.
I’ll wait.
@@LoLreality1 you fell for the rolex trap. And they got you not once but multiple times. No one wants to be you.
@@LoLreality1 they've got you by the balls.
@@LoLreality1Casio owners always think their soo special lol. I've seen guys bring up they're Casio watches in videos about Patek Philippe 🤦♂️They think because they drop 15 bucks on a Casio puts them in the same league as watches well above 10 or 20k😅The hobby can be ridiculous at times and this is one of those times
Been speaking to sweet kid kino this guy
Imo the macro headwinds happening in the world are going to drop the value of all veblen goods for a while. Nobody wants to show off during a depression.
So while the prices are lower compared to previous years especially euphoric covid moneyprinting era, the 'value' is lower too.
Not only the showing off. During a depression the main reason of less sales on high value commodities is... well, depression itself. It's not the money disappearing but saving them for future harder times that start the downward spiral. The less you and I spend on anything, the lesser the companies produce, so they have to fire employees, that suddenly has no more income, so less circulating money and so on...
Everyone is broke. The days of free money is over. All luxury goods are getting hammered. Keep you powder dry, prices have a long way to go before they hit bottom.
The market has been dropping since ,ate 2023.
Stay away from this flim flamming hoodwinking cucarachas
We should follow you, huh?
Certainly wont be following you lambones, you dont know what a lambones is? You google it@@stupidocanerosa
Nice vid ! Bought 4 pieces in 2024, my last Rolex for less than 2K ! A 34 mm 1957 OP... but still a very nice Rolex with same movement as in the Submariner Big Crown !!! Most of my collection (I started in 2005) are vintage keepers, I may sell 3 or 4 which is a small nr of pieces in the collection, but I guess not before 2 or 3 years. As for purchases, with the collection quite complete, there is no real need. There may be a sleeping 1950s rare unicorn waiting, we will see. It will need to be something rare and spectacular - think of a 1960s Ferrari 250 SWB !
I bought Rolex thousands under msrp right from the authorized dealer. I bought an omega at Costco. Your memory is too short time.
Time to make low ball offers and get a steal
Him and Feddy broke up?
Inflation might soon hit everywhere, so the buyers market might just switch to sellers market as vintage watches is a great hedge against inflation.
Inflation = less demand for luxury goods = buyer’s market.
@@triniboy05 Hedge against inflation? Buy tangible assets. What happened to anyone that bought loads of luxury watches in the late 60’s and sold 15 years later? They made lots of money.
@@truxton1000 sure, maybe, but the discussion is about the present and immediate future, not a couple decade down the line.
Never let a good crisis go to waste.
@@triniboy05 So from the past one can predict the future.
Yes. Grey market dealers are facing tough times. Some send me 3 emails a DAY! Their safes are probably packed - but still not cutting prices. More pain for them.
The only thing that might save them - Bitcoin. If Trump declared the strategic reserve, BTC will really pump. Young guys flush with newfound wealth will overpay.
@@WestCoastAce27 I cant even get my girlfriend to e-mail me once a week
@@wicked-witch-of-the-west lol
Watch market is done, and won’t come back. It’s going to go like the car market… very few products will fetch a premium and most will lose value at point of sale. I’d say if you’re going to buy a second hand watch you shouldn’t pay more than 50% of its retail value. And buy what you like… never look at it as an investment product. For the most part it’ll be a depreciating asset.
been hearing this for 2 years ... still not a buyers market
Haha. No. Independents and vintage is the game. The price for entry is disqualifying most. Quality over quantity.
First
Here's the ice cream. Now back to homework.
@ I love ice cream.
@@2024-s2n And what about homework?
Pl post a link to that b2b site
Too difficult to do a simple Google search...