Back in 2013 My wife was dealing with a local dealer to buy me a Rolex Submariner Oystersteel and yellow gold with a blue face and dial. 2 days before she was going to buy it I was in a fairly serious work accident that has left me with a permanent disability. I went from making $75,000 - $80,000 per year to $11,000 per year. I told her not to buy it as my kids and wife comes first. It was always her dream to buy me a Rolex. She recently passed away from cancer at 54 years old. She was still dreaming of buying me one even as she took her last breath. Now owning a Rolex just isn't important anymore. Hang on to what is important. Material things just are not important anymore.
"Why has the Submariner dropped so much in price?" Because people came to their senses and realized paying nearly $20,000 for 300 meters of water resistance they'll never use was not a pro gamer move.
You’re so off topic that it’s utterly ridiculous. It’s a perfectly made all around watch that you can wear with casual clothes or a suit that takes at least a year or two to acquire and that’s why people pay what they pay to get it now instead of later. Go into any authorized dealer, tell them you want a Submariner and they will laugh at you. It took me two years to acquire my Submariner Date black dial in steel and I proudly wear it. I will never sell it in general, let alone to the grey market leeches.
@@ShaunKVideosnah he is 100% on point its just u who missed it,sweetheart ur overconfidence is ur weakness! its about how the submariner lost so much not about the wearability & ur purchasing process,my guy
@@mastodon5220, you really failed on your poor attempt at trolling. I’ve got three words for you, supply and demand. I stand by what I already had stated as they are all facts. How did it lose? The grey market got flooded with Submariners from scared broke people and that’s why the value dropped slightly. Do you think the value of the the Submariner will continue to go down? The answer is no. Will you ever buy a brand new 2023 Submariner below retail? The answer is no. Don’t be mad because you can’t get one. Case closed.
@@ShaunKVideos so are a million other watches in the 10k price range that are not inflated to 20k so your argument that he is " so off topic" makes no sense. The Zenith pilot is only one example. The sub is definitely a well made watch, let's not pretend that it isn't. But the scarcity premium you're paying for here is the overhype surrounding its brand due to it's superb marketing. Rolex is amazing but let's not kid ourselves here 😂. At the end of the day we are talking about a mass produced stainless steel watch with a mostly unfinished movement for an inflated $20k. It's a phenomenal watch at $10k, but $20k? Cmon dude lol. If anyone is "way off topic" it's definitely you lol.
@@steelsteez6118, who said anything about $20,000? Let’s get back to supply and demand again. People typically have to wait 1-2 years to acquire a Sub from an authorized dealer unless you spend hundreds of thousands dollars with them on jewelry. For people who don’t want to wait and want a newer one now, I don’t think $14k-15k is unreasonable.
Because there is literally thousands of these watches on the grey market. It’s a joke. These watches are mass produced and are overhyped. Don’t get me wrong , love the watch but gimme a break
110% Correct. They're a mass produced quality tool/sport watch not worth the hype and certainly not worth the speculative over pricing. Reality check on its way.
why do the prices drop? because it is a bubble and people are beginning to realise it or suspect it might burst soon. Selling something for twice the listing price was never gonna be a sustainable business. Sure some people might be willing to pay double, just to be able to wear a watch 2-3 years early but most who bought, were looking for profit. The biggest argument for this point is: If Rolex themselve would believe that ~14k is a sustainable price for a submariner - why wouldn't they charge it?
That’s the grey market value/price for an unworn piece with box and paperwork. The original sale price by the AD is always the price set by Rolex. The ADs are not allowed to sell above Rolex’s set price.
I was genuinely looking forward to buying a rolex. And im not even a watch enthusiast. I had 20K set aside, I just wanted something iconic, that will hold it's value and that i can pass on eventually. I had the model i wanted picked out. But when i found out all the hoops you have to go through, either get on a wait list or have to buy several other pieces before you're allowed to buy a Rolex, i got kinda tuened off. Just my experience, I've heard some people had better experiences but to me just wasmt worth it. Nice pieces for sure.
same here, tired of these shady practices like artificial scarcity, which not only seen in luxury watches(cars, bags etc). I can live my life without them. We can literally starve the scalpers to death if we don't show that amount of interest at all. It's basic demand vs supply thing
I was able to grab a datejust 41 fluted Wimbledon on oyster steel as my first piece, zero wait time. I absolutely love it and am now realizing it’s a good piece to have.
I just don't like the Wimbledon look. I have been trying to like it I just don't like the colours they just don't blend........Buy what you love though
Why he asked? Because of 35% inflation overnight. If you can unload one and recover most of your money you should do it. They’re going to be selling for less than retail in a few months
Correct, I bought a Starbucks sub when I split with my wife, zero buying history so I bought second hand at about ,60% over MSRP and about 30% over what they sell for now. I didn't really care what somebody else (with AD "privileges") could buy one for or how much someone was making on it or how much I could potentially "lose" (I've lost nothing, I've still got the watch) and I still dont. I'd always wanted a Sub, then when they went Maxi case I really liked the Hulk colours but not the maxi case "heft", then when they did the 41mm case going back to slimmer lugs and the green ceramic bezel I was sold.
I bought my 16610 back in 1998 for 2.500$ which is the equivalent to around 5K$ today. And that's about what it's worth. No more. It's a solid but also basic product.
For me they’re not worth the rrp now, a few years back they just about were but there’s more out there for the money for me. But the market has disagreed with me (and the original poster)- I have a feeling the market is coming round to agree with us though
Trying to hype Rolex still … a mid tier, mass made and factory made watch. Rolex guys always seem to talk about value rather than finishing or quality. It’s a tool watch. It works. So does a Casio.
Golden rule: buy what you like. If you don't like it don't buy it. Rolex does make quality watches but for me they are overpriced. I prefer Omega, but thats just me 🤷♂️
Would love to know how you price your offers? Serious question - is it just about how much you can squeeze out of customers? Is there any regard to offering fair prices?
Good video. I appreciate the non flex content you have on your videos. Unfortunetly, all other watch videos focus on the flex lifestyle associated with high end watches - thanks for not participating in that like all other videos out there.
Not sure the manufacturer would care but, I would immediately contact them and give them the serial number of any watch under five years old in the hope that the original purchaser gets blacklisted. Why should they be given the option to purchase when all that they intend to do is flip the watch. Let it go to someone whom actually wants to own and wear it. Not flip it. Turds, you deserve to be blacklisted. 😂
I do get what you are saying but I think it's Rolex is the problem. If I buy something I should be able to do whatever the fuck I want with it, it shouldn't be Rolex or anyone else's business
Unless you are a professional watch dealer don’t buy a watch for investment purposes. Buy something you like and can afford to never sell. Wear it and enjoy it.
As an enthusiast who cares more about bang for my buck than logos, I never got the Rolex obsession. There's too many great watches on the market that don't feel like a weight on your wrist. Even if you really like the Sub, tell me how it's better than the Black Bay...4x better if you go by cost? I will happily pay a premium for premium quality, but just for the logo? I think we're going to see a trend away from that and a movement toward more unique and thoughtful pieces.
Your opening sentence stated that you are an ‘enthusiast’ and that’s very different to being a ‘collector’ You then stated that you care more about ‘bang for buck’ If you knew anything about the Rolex brand you would realise that Rolex CREATED THE TUDOR BRAND EXACTLY FOR PEOPLE LIKE YOU. 🤣😂🤣 Tudor was created by Rolex🐇
For me Tudor is what Rolex used to be, good quality solid watches that look nice, are accurate and still relatively attainable. Rolex is a different beast now, £6k+ for a 36mm explorer. Na you’re alright 😄
You’ve got a lot of options with that budget. Datejust 41 or 36, a 40mm ceramic Submariner, pre-ceramic Submariner, pre-ceramic Sea-Dweller, Air-King and Oyster Perpetual 41 to name a few
I'm thinking of selling my 114060 from 2016 to buy something of less value maybe a vintage Datejust 36. Is this a good time to sell or should I rather hold on to it a while longer if I'm not in a hurry and doesn't need to sell..?
Why I don’t buy a ROLEX?? Still rocking a (mall watch) Festina with my beloved 1973 Valjoux7750?? When was the last time a Property Developer (me) showed you a Bill of Quantity for all material/labor then added Council/DA fees..then added Bank interest paid for development..then added 10% profit margin..then sold you an Apartment with golden handshake 🤝 some of the Developers are making 40-50 profit margin..then claiming market forces dictate price!! Yeah if the market drops by 40% tomorrow?? Will I sell you a house or turn my little babies into rental properties???
I have a question, I have a 116613LN, 2019 b&p, I wonder if two tones will go up or down in the long term, any thoughts? And what’s the current value today? Cheers, love the content!
I bought a Platinum Daytona Chronograph Ref 116506,brand new from a Dealer with Box, Warranty, etc.,for USD 110,000/- in 2019. I have had it since then. I now want to sell it as per-owned, single owner, with original box and Warranty. WHAT PRICE SHOULD I ASK FOR, seeing to the market as of Jan 2024 ?
Do you think a Submariner will sell brand new for less than retail? It will never happen … just like the Batman and Daytona’s. There’s a bottom and it’s close to it now. Only one way to go … and that’s right back up.
Intersting info and cheers for answering my question Stu, my plan is to hang on to the watch for at least 10 more years....Also. loving the can of WATA
Do Rolex AD still sell watch with stickers ? I had bought 3 Rolex from 2 AD in Toronto from last 2 years but they have to remove all stickers after I purchased.
I have worn continuously since 1998 a Rolex Submariner 18K and SS with date and black dial. It is precious enough to me not immerse it in water but wash my hands quickly. Other than being cleaned and oiled every five years by my local watchmaker it has run continuously. Keeps chronometer time. About eight seconds over a month about a third of second a day. Was it worth $6,000 dollars new in the box in 1998 ? . I smile everyday at the Submariner it smiles back.
More and more Rolex watches on the grey markets are going to affect the value. Now with Rolex buying a retailer they’ll hope to stabilise premium prices. But then they are so overpriced anyway.
Nonsense, DEALERS cannot protect the identites of sellers when a new buyer of used Patek registers for warranty, the system will reflect that the watch was transferred to new customer, so the SA will know if they check customer profiles in the system. Dealers CANNOT do anything to "protect" identity of sellers.
Hi Hope you are all having a positive weekend ? Just wanting your honest genuine opinion. What price would you pay for a brand new submarine no date April 2023 with box and documentation I will look forward to your reply best wishes
@jonodunn2592 can I ask if you are one of the team at watch Trader's plus it was only an inquiry? 9k seems a low price when there are retailing at around 11 750 kind regards
@@karlsugden4161I’d say £9k to £9.5k is a fair bid. Have a look at some of the old videos showing what the guys buy and sell at… gives you a good idea 👍🏼
They will offer £7/£8 k because they don't want it ,they like all grey dealers have too much inventory that is not moving ,flippers don't prosper in this market ,only buy a watch if you actually want it
Lol. All these people that spent way over retail to get a watch from a grey dealer realize they just lost alot of money. Dont worry the grey didnt he laughed to rhe bank..if everyone stops buying from the grey market rhere will be more inventory.
Back in 2013 My wife was dealing with a local dealer to buy me a Rolex Submariner Oystersteel and yellow gold with a blue face and dial. 2 days before she was going to buy it I was in a fairly serious work accident that has left me with a permanent disability. I went from making $75,000 - $80,000 per year to $11,000 per year. I told her not to buy it as my kids and wife comes first. It was always her dream to buy me a Rolex. She recently passed away from cancer at 54 years old. She was still dreaming of buying me one even as she took her last breath. Now owning a Rolex just isn't important anymore. Hang on to what is important. Material things just are not important anymore.
Sorry for your loss and thanks for sharing
So true
I am sorry for your lost and you are totally right! Her feelings and the memory of that idea worths thousands of Rolex watches
Very sorry for your loss. Indeed this watch obsession can obscure the view of what is really important in life.
My prayers for you and your loved Ones.
Because it’s all hype and they are actually readily available, people just hold them to squeeze the prices.
"Why has the Submariner dropped so much in price?" Because people came to their senses and realized paying nearly $20,000 for 300 meters of water resistance they'll never use was not a pro gamer move.
You’re so off topic that it’s utterly ridiculous. It’s a perfectly made all around watch that you can wear with casual clothes or a suit that takes at least a year or two to acquire and that’s why people pay what they pay to get it now instead of later. Go into any authorized dealer, tell them you want a Submariner and they will laugh at you. It took me two years to acquire my Submariner Date black dial in steel and I proudly wear it. I will never sell it in general, let alone to the grey market leeches.
@@ShaunKVideosnah he is 100% on point its just u who missed it,sweetheart
ur overconfidence is ur weakness!
its about how the submariner
lost so much not about the wearability & ur purchasing process,my guy
@@mastodon5220, you really failed on your poor attempt at trolling. I’ve got three words for you, supply and demand. I stand by what I already had stated as they are all facts. How did it lose? The grey market got flooded with Submariners from scared broke people and that’s why the value dropped slightly. Do you think the value of the the Submariner will continue to go down? The answer is no. Will you ever buy a brand new 2023 Submariner below retail? The answer is no. Don’t be mad because you can’t get one. Case closed.
@@ShaunKVideos so are a million other watches in the 10k price range that are not inflated to 20k so your argument that he is " so off topic" makes no sense. The Zenith pilot is only one example. The sub is definitely a well made watch, let's not pretend that it isn't. But the scarcity premium you're paying for here is the overhype surrounding its brand due to it's superb marketing. Rolex is amazing but let's not kid ourselves here 😂. At the end of the day we are talking about a mass produced stainless steel watch with a mostly unfinished movement for an inflated $20k. It's a phenomenal watch at $10k, but $20k? Cmon dude lol. If anyone is "way off topic" it's definitely you lol.
@@steelsteez6118, who said anything about $20,000? Let’s get back to supply and demand again. People typically have to wait 1-2 years to acquire a Sub from an authorized dealer unless you spend hundreds of thousands dollars with them on jewelry. For people who don’t want to wait and want a newer one now, I don’t think $14k-15k is unreasonable.
Because there is literally thousands of these watches on the grey market. It’s a joke. These watches are mass produced and are overhyped. Don’t get me wrong , love the watch but gimme a break
110% Correct. They're a mass produced quality tool/sport watch not worth the hype and certainly not worth the speculative over pricing. Reality check on its way.
Imo the GMT 2 RootBeer two tone is a really good buy right now for your money. Beautiful watch very eye appealing
why do the prices drop? because it is a bubble and people are beginning to realise it or suspect it might burst soon. Selling something for twice the listing price was never gonna be a sustainable business. Sure some people might be willing to pay double, just to be able to wear a watch 2-3 years early but most who bought, were looking for profit.
The biggest argument for this point is: If Rolex themselve would believe that ~14k is a sustainable price for a submariner - why wouldn't they charge it?
That’s the grey market value/price for an unworn piece with box and paperwork. The original sale price by the AD is always the price set by Rolex. The ADs are not allowed to sell above Rolex’s set price.
that box hanging over the table makes me a little nervous
I was genuinely looking forward to buying a rolex. And im not even a watch enthusiast. I had 20K set aside, I just wanted something iconic, that will hold it's value and that i can pass on eventually. I had the model i wanted picked out. But when i found out all the hoops you have to go through, either get on a wait list or have to buy several other pieces before you're allowed to buy a Rolex, i got kinda tuened off. Just my experience, I've heard some people had better experiences but to me just wasmt worth it. Nice pieces for sure.
same here, tired of these shady practices like artificial scarcity, which not only seen in luxury watches(cars, bags etc). I can live my life without them. We can literally starve the scalpers to death if we don't show that amount of interest at all. It's basic demand vs supply thing
Dont bother mate trust me the prices are going down
Rolex is great at marketing but there are much better watches out there I’m so over Rolex
You can find good grey marker dealers.
Or the Omega PO is a solid alternative
I mean most of the entry level ones don't require jumping through hoops
I was able to grab a datejust 41 fluted Wimbledon on oyster steel as my first piece, zero wait time. I absolutely love it and am now realizing it’s a good piece to have.
Congrats!
It is one of the best watches one could own!
I just don't like the Wimbledon look. I have been trying to like it I just don't like the colours they just don't blend........Buy what you love though
Why he asked? Because of 35% inflation overnight. If you can unload one and recover most of your money you should do it. They’re going to be selling for less than retail in a few months
I bought a sub black face steel strap ,I don't care what it is worth ,I bought it cos I love that watch
Correct, I bought a Starbucks sub when I split with my wife, zero buying history so I bought second hand at about ,60% over MSRP and about 30% over what they sell for now.
I didn't really care what somebody else (with AD "privileges") could buy one for or how much someone was making on it or how much I could potentially "lose" (I've lost nothing, I've still got the watch) and I still dont.
I'd always wanted a Sub, then when they went Maxi case I really liked the Hulk colours but not the maxi case "heft", then when they did the 41mm case going back to slimmer lugs and the green ceramic bezel I was sold.
I bought my 16610 back in 1998 for 2.500$ which is the equivalent to around 5K$ today. And that's about what it's worth. No more. It's a solid but also basic product.
Luck in finding one, a watch will always be worth what a buyer is prepared to pay
For me they’re not worth the rrp now, a few years back they just about were but there’s more out there for the money for me. But the market has disagreed with me (and the original poster)- I have a feeling the market is coming round to agree with us though
If you are someone who flips a Patek instantly to make some fast money then you are not a Patek person anyway.
Trying to hype Rolex still … a mid tier, mass made and factory made watch. Rolex guys always seem to talk about value rather than finishing or quality. It’s a tool watch. It works. So does a Casio.
The quality and finishing of Rolex watches is excellent
Your just mad you can't afford one
Golden rule: buy what you like. If you don't like it don't buy it. Rolex does make quality watches but for me they are overpriced. I prefer Omega, but thats just me 🤷♂️
Can't say the same) goty new explorer 2023...it gets scratches from the air, quality compare toy omega seamaster is not even close imo
I suppose you're going to say casio is God tier now 😆
Would love to know how you price your offers? Serious question - is it just about how much you can squeeze out of customers? Is there any regard to offering fair prices?
If your first offer doesn't embarrass you, you're too low.
They are always going to get as much money as they can. So is everyone else in any business. Nobody is your friend, remember it's a business.
Maybe because they should have never been marked up above retail to begin with. 😂
Good video. I appreciate the non flex content you have on your videos. Unfortunetly, all other watch videos focus on the flex lifestyle associated with high end watches - thanks for not participating in that like all other videos out there.
I admire your patience and clarity
It was always a bubble and its burst…
Why has a second hand watch fallen in price! Haha. The King has no clothes on !
Because the submariner is the most vanilla watch Rolex makes.
Bottom is going to fall out
It is just a very basic and plain watch.
Comparable with a modern 1000€ seiko diver.
Not sure the manufacturer would care but, I would immediately contact them and give them the serial number of any watch under five years old in the hope that the original purchaser gets blacklisted. Why should they be given the option to purchase when all that they intend to do is flip the watch. Let it go to someone whom actually wants to own and wear it. Not flip it. Turds, you deserve to be blacklisted. 😂
I do get what you are saying but I think it's Rolex is the problem. If I buy something I should be able to do whatever the fuck I want with it, it shouldn't be Rolex or anyone else's business
Sub and gmts are a dime a dozen. Tons of these plus all the fakes floating around doesn't make u feel too special owning one.
Unless you are a professional watch dealer don’t buy a watch for investment purposes. Buy something you like and can afford to never sell. Wear it and enjoy it.
4:57 HOLD ON TO IT
Problem is the fakes are so good with box papers , i would never buy one , but i know loads of people who have fully stickers etc , they work fine
Can you advise if there are any negatives from buying from a shop like Ramsdens ?
As an enthusiast who cares more about bang for my buck than logos, I never got the Rolex obsession. There's too many great watches on the market that don't feel like a weight on your wrist. Even if you really like the Sub, tell me how it's better than the Black Bay...4x better if you go by cost? I will happily pay a premium for premium quality, but just for the logo? I think we're going to see a trend away from that and a movement toward more unique and thoughtful pieces.
Your opening sentence stated that you are an ‘enthusiast’ and that’s very different to being a ‘collector’
You then stated that you care more about ‘bang for buck’
If you knew anything about the Rolex brand you would realise that Rolex CREATED THE TUDOR BRAND EXACTLY FOR PEOPLE LIKE YOU.
🤣😂🤣 Tudor was created by Rolex🐇
@@Soulheads-yy3zq couldn’t have said it better.
For me Tudor is what Rolex used to be, good quality solid watches that look nice, are accurate and still relatively attainable.
Rolex is a different beast now, £6k+ for a 36mm explorer. Na you’re alright 😄
Inflation/interest rate rises + Rolex output increases + Rolex certified pre owned pussurising grey market sellers to lower prices.
I've got £10k to spend. Thinking of getting a second hand speedy when I'm in NYC. Or what Rolex could I get in the UK for that money?
You’ve got a lot of options with that budget. Datejust 41 or 36, a 40mm ceramic Submariner, pre-ceramic Submariner, pre-ceramic Sea-Dweller, Air-King and Oyster Perpetual 41 to name a few
Yachtmaster 40. Best value would be 16622 or two tone blue dial 16623
You could of had my brand new 2023 non date sub! lol
Thanks for the suggestions gentleman. Will look them all up.
Also if I buy, watch trader are my first port of call, love your content.
@@a.j.e43491
I'm thinking of selling my 114060 from 2016 to buy something of less value maybe a vintage Datejust 36. Is this a good time to sell or should I rather hold on to it a while longer if I'm not in a hurry and doesn't need to sell..?
Why I don’t buy a ROLEX?? Still rocking a (mall watch) Festina with my beloved 1973 Valjoux7750?? When was the last time a Property Developer (me) showed you a Bill of Quantity for all material/labor then added Council/DA fees..then added Bank interest paid for development..then added 10% profit margin..then sold you an Apartment with golden handshake 🤝 some of the Developers are making 40-50 profit margin..then claiming market forces dictate price!! Yeah if the market drops by 40% tomorrow?? Will I sell you a house or turn my little babies into rental properties???
11000 quid haaaa they worth 3500 at most at most and thats a rip off ..
What watch are you wearing in the vid? Also is it stupid to buy a Daytona for double sticker ? Will it continue to drop or should I pull the trigger ?
Why is water wet? Why is fire hot? Why does hype crash?
I have a question, I have a 116613LN, 2019 b&p, I wonder if two tones will go up or down in the long term, any thoughts? And what’s the current value today? Cheers, love the content!
Great Q&A enjoyed that thank you!
These questions segment is amazing content for us newbies. Thx
Thanks for letting us know 👌
Bc there are 87millions of them and each one is boring AF!!
Hi i have a Rolex Daytona 2014 black dial with do you think should I sell it or keep it Thank you
We can answer this in a future episode 👌
Thank you guys I appreciate your are the best
When I will decide to buy my next watch definitely I will buy it from you guys 👍
I bought a Platinum Daytona Chronograph Ref 116506,brand new from a Dealer with Box, Warranty, etc.,for USD 110,000/- in 2019. I have had it since then. I now want to sell it as per-owned, single owner, with original box and Warranty. WHAT PRICE SHOULD I ASK FOR, seeing to the market as of Jan 2024 ?
The watch market was going to drop. It only rose because of COVID. Come on guys……
Do you think a Submariner will sell brand new for less than retail? It will never happen … just like the Batman and Daytona’s. There’s a bottom and it’s close to it now. Only one way to go … and that’s right back up.
Why not? Goods are supposed to be worth less once bought off shelves. Once supply is more than demand. We seeing Rolex getting at retail easily now.
@@ShaunKVideos no the sub will always go above retail. It’s the most demanded Rolex
@@cathdan supply and demand
@@ShaunKVideosso you’re Nostradamus and just knows it’s bound to go up? 😂
I’m sure I saw you at the metro centre on sunday
Would you recommend Rolex Air king 126900
In three months time they will be worth below retail because the whole World is going into a pretty substantial recession .
Do you only buy current models or do you buy vintage pieces?
Thoughts on the Rolex OP 41 celebration?
This only affects gray market leeches. Anybody who buys retail has nothing to worry about
If you can buy one
@@workingrich8464 I can and I have. It’s possible. Don’t feed the grey market
Intersting info and cheers for answering my question Stu, my plan is to hang on to the watch for at least 10 more years....Also. loving the can of WATA
Thanks for asking Ian - glad to hear it!
My 1680 red sub has done well.
honestly hard to watch with that box on the left hanging half off the table
The nose sctrach on the sub valuation 😂😂😂😂😂
I bought an Explorer in about 1975 for $275 (?) or so via PACEX and hated it within weeks. Heavy, thick, & uncomfortable.
Do Rolex AD still sell watch with stickers ? I had bought 3 Rolex from 2 AD in Toronto from last 2 years but they have to remove all stickers after I purchased.
Possibly not anymore. Allegedly to prevent people selling them as new.
Have to go through a zillion hoops to get one or you can just walk over to omega and get a better watch
It's called long duration products gets repriced when us 10yr bond yields go up.
Simple as that
It's one of the best videos I've seen in a while
Glad you enjoyed it Chris and we appreciate the feedback
I have worn continuously since 1998 a Rolex Submariner 18K and SS with date and black dial. It is precious enough to me not immerse it in water but wash my hands quickly. Other than being cleaned and oiled every five years by my local watchmaker it has run continuously. Keeps chronometer time. About eight seconds over a month about a third of second a day. Was it worth $6,000 dollars new in the box in 1998 ? . I smile everyday at the Submariner it smiles back.
I got my SS/gold in ‘96 with a blue face. Love it and wear it daily as you. Never an issue.
Rolex AD they offered me yahmaster 40 blue dail platinum bezel but I said no, because I want to buy sub. Do you think they will never call me again? 😅
I think it’s nuts to hold a watch with stickers for years, just seems wrong
Is it true pepsi wil be discontinued and what about hulk prices ? Anyone please
mixed metal daytona is a great buy lovely watch how much is a newish one guys cheers
It depends on the age and condition but you can pick one up for around £18k
Bi-metal watches are for fat middle age men, who can't reach to all gold, and don't understand steel.
Ahhh. No “Pacific” watches today.. 😂
🌊
Is he wearing a rose-gold 40mm or 36mm?
They’re all overpriced. Looking back not that long ago they were practically begging people to buy them out of the cases
other than a couple watches for the most part they depreciate they are a bad investment
Can someone tell me exactly the region where his accent is from? Sounds so crazy to me, I can't quite place it!
Sounds like a Geordie to me, but I could be wrong.
@@kw8757 thank you! its so funny you say that because I got a slight hint of Michael from I'm Alan Partridge, who has a strong Geordie accent
It’s the watch of used car salesman, unfortunately
More and more Rolex watches on the grey markets are going to affect the value. Now with Rolex buying a retailer they’ll hope to stabilise premium prices. But then they are so overpriced anyway.
Thinking of buying a Rolex submariner 41mm bluesy 116613lb. Price is $15600. What would this be in the secondary market in very good shape? Thank you
Has Hendo returned?
He will be making an appearance soon don’t worry!
Not here in Asian. Price is still up there
Rolex. The watch of the flipper.
Nonsense, DEALERS cannot protect the identites of sellers when a new buyer of used Patek registers for warranty, the system will reflect that the watch was transferred to new customer, so the SA will know if they check customer profiles in the system.
Dealers CANNOT do anything to "protect" identity of sellers.
Hi
Hope you are all having a positive weekend ? Just wanting your honest genuine opinion. What price would you pay for a brand new submarine no date April 2023 with box and documentation I will look forward to your reply best wishes
I’ll give you 9 grand
@jonodunn2592 can I ask if you are one of the team at watch Trader's plus it was only an inquiry? 9k seems a low price when there are retailing at around 11 750 kind regards
Hi Karl, thank you for your comment. Please use the ‘sell’ page on our website and we will get back to you with an offer. Thank you
@@karlsugden4161I’d say £9k to £9.5k is a fair bid. Have a look at some of the old videos showing what the guys buy and sell at… gives you a good idea 👍🏼
They will offer £7/£8 k because they don't want it ,they like all grey dealers have too much inventory that is not moving ,flippers don't prosper in this market ,only buy a watch if you actually want it
One hour advertisement
Because you paid too much for it….
flipping is coming to an end
Arem't they still over the retail price?
Yes it's still display only 😅
because it just a watch lol bhahahhahh watch market is dead like dead body floating in a pool .
Valuable market information 😊
because it is mass production
Thank goodness I got a 1 to 1 replica of this watch in Thailand. 😂 I’m still up in my investment.
Because the law of nature dictates "what goes up must come down."
You didn't even answer the fkn question 😂😂😂😂
Great vid Stu!
Thank you 👊
It hasn’t
Do yall ship to US?
Yes, we do
Enjoyed the q and a!
Thank you
Lol. All these people that spent way over retail to get a watch from a grey dealer realize they just lost alot of money. Dont worry the grey didnt he laughed to rhe bank..if everyone stops buying from the grey market rhere will be more inventory.
get a San Martin and spend the leftover on Apple stock.
Rolex don’t make sports watches. They have a professional range.
Still can't believe you entertain question from people that can't make their minds up on which watch to chose!
No Rolex's have dropped in my world buddy 😂
Modern fakes are so hard to spot..🤡 Caveats emptor is more important than ever⌚ ..going to a reputable dealer is so important⚠️
It hasn't dropped that much?
Ok, sell me a new one for msrp………big guy….😊
no deal of the week ;(