Which Current Rolex Models Should You BUY or PASS? - Watch Dealers Honest Insight!
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- เผยแพร่เมื่อ 18 มี.ค. 2023
- So you get a call from your Rolex AD, and they finally have a watch in stock for you... but should you buy it? or should you pass? In this video, I discuss a range of current Rolex models and whether they are actually worth their RRP, or whether you are setting yourself up to take a loss! I give my honest advice on what I would buy.
Welcome to The Honest Watch Dealer Channel - here to educate and entertain watch lovers from every corner of the globe.
As the Founder and CEO of The Luxury Watch Company (the Norths leading independent watch company) The Honest Watch Dealer gives the real-time perspective of an active dealer.
We’re constantly interpreting and analysing the daily trends of the luxury watch market, before consolidating, then broadcasting to our loyal viewers.
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Whether you’re a collector, investor, or daily wearer, we hope you enjoy our channel. Please tune in every Sunday at 7pm for our latest release.
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Quickly becoming my favorite watch channel on youtube. informative and honest, no drama or BS. Just subscribed
Thank you so pleased you enjoy our channel
This was absolutely spot on. I really enjoyed the overview. I’m sure it will help many people with their decisions. Not that I buy watches to make money. I buy what I like to wear and hopefully keep until I pass them along. But I also want to know I’m getting value for money. Good news is - you won’t go too wrong with most any Rolex at retail. Thanks for the helpful information.
Thank you so pleased you enjoyed it. Buy to wear but don’t get burnt 💯👌🏻
You are my new fav! No flashy BS, just honest observations and opinions about the market. Great job!
I appreciate that!
Great video as usual , very transparent and honest as I know you are . Thank you for this video very useful for people being offered anything to get what they actually want and for you being truthful as to what they’re worth to flip . Thanks Charlie 👍🏻
Thank you mate so please you enjoyed it. Honestly is the key 👌🏻 speak soon 👍🏻👍🏻
As a watch dealer myself, my honest opinion would be buy the watch you like. Thats the point of collecting watches.
That's the best advice. You must be in the wrong industry. This is becoming a stock market not a hobby anymore
Love this video! Easily the most likeable channel I’ve came across in awhile. you should continue this series for Ap and Patek as well.
Thank you so pleased you enjoy our channel.
I just have to say this, you're the man. A pure sensible person giving advices which can help us preserve our money along with enjoying the watch. You're a nice person that's all I can say.
Thank you I appreciate it
man i was looking for a video for a while that can run me down a few different rolex and where they sit. this by far taught me the most and helped a lot. thank you. def subscribed
Love the honesty of this channel. Great job and always worth watching 🙏👏🥃
Thank you Mark I appreciate that!
this is my all time favorite series. straight to the point. very insightful
Thank you Darryl, glad you like it 👍🏻
I love the insights. You end with "I could do this all day", but I could listen to this all day, too.
Thank you Eric, so pleased you enjoy it.
This video was extremely helpful, thank you for making it , I am looking for one and had no clue if I was getting something that was going to be worth less as soon as I walked away or worth more . Now I have a much better understanding, Thanks again ! Have a great day !
I've decided to buy my first luxury watch and I really love the datejust fluted with jubilee with blue dial. From what I understand this is the entry level watch so I won't even have to wait a long time to get it? Also, it's a great watch that retains its value (not planning to sell it but it's good to know it will maintain it's value in the future).
Really good video and transparent about the prices! It's good to give information to the people about what they should expect. It would have been nice to have the full gold daytona also, hopefully next time. Cheers!
Glad you enjoyed it! Sure thing we will cover other models in the next one 👌🏻
Very accurate and honest info. I can second everything he says. Honest truth. Although sometimes some things may change and take a model higher, most of the time it doesnt
“A+” video !! Highly interesting. You truly are an honest person. Thank you for the information. I was offered a white gold Oysterflex yatchmaster by my AD last week and passed on it, because it’s not one I am looking for and it’s now under.
Good move under list watch
This should be retitled to “Flipper advice”. People should buy what they like above all and not what they can flip for a few quid.
Unfortunately 50-60% of the market, their first question is: “Is this an investment piece?” So it’s a relevant video as that’s where most people’s minds are nowadays.
Like art work , nobody buys most of that crap because they like it .
@@chadbailey7038 glad these cunts got rekt.
@@chadbailey7038 The problem is you buy a watch and it appears to go up 25%, who do you sell it to? A grey market site will lowball you. To make the profit, you have to make a private sale. In a private sale, there are a thousand ways to get ripped off. If you want to be a flipper, you really have to know what you are doing.
Well said Chad, this question I get asked at least 10 times a day from my clients. That’s why we did a video on it 👍🏻
Smashed it out of the park as usual Charlie 🤘Another very enjoyable video, thank you.
The only thing I'd add to your Datejust observation is that the mint green dial is slightly more sought after than the blue dial although you can't go wrong with either. Fluted bezel and jubilee FTW 😉
Thank you Ron glad you enjoyed it… yes the mint dial is 👌🏻
Great video :) It'll be interesting to see if the Mint Green Sky-Dweller overtakes the Blue in popularity. I feel like many people save their "blue dial" for VC/AP.
Thank you 🤩 yes it will… I predict it will hit mid to late £20’s when the first ones hit the market .. let’s see what happens.
Thanks for the advice
Great video. Love the pricing detail you provide. many thanks.
Our pleasure! Glad it was helpful
On the money. The first video I've seen who tells you exactly the market with actual figures. 👍
I bet a few dealers are not too impressed....
Only buy a watch if you like it. It's really that simple. If you sell it down the line at a profit then double bubble win.
I appreciate that!
Killer video! I have been looking for something like this for so long (investment based), not just people’s opinions on what they do and don’t prefer
Thank you glad you enjoyed it 👊🏻
the first video from my subscriptions im watching this week, because you have the best no-nonsense watch channel on the web!! thank you !!
Welcome aboard! Thanks for watching 👍🏻
I think your content is good. What annoys me as a collector is all of these people being offered these watches with nothing more in mind than to flip. Rolex really don’t look after watch enthusiasts at all
Thank you glad you like it. Unfortunately this is the world we live in currently 👍🏻
@@thehonestwatchdealer People like you are ruining it.
This series is great.
Thank you 🙏🏼
As someone who just wants to buy a Rolex to own one, this video makes me happy. The less money flippers make on these, the easier it will be for me to get mine when the day comes
Thanks for the review. I just bought one and as it was first direct from Timex, I got 15% discount!!
Nice to see the prices are coming down as an enthusiast 😊.
Interested your thoughts on a Explorer 1 36mm? Im on the waiting list but no sure if I will ever get that call 😂
Coming soon!
@@thehonestwatchdealer A video on the watch or my phone call 😂😂. Hopefully both 🙏🏽
Finally got the call yesterday. Not from the original AD who I've been on the list for 1 year but another one with no Purchase History. was only on the list 6 weeks one very happy boy 😂👍🏼
I just picked up a Blue Sky Dweller at Retail!!! Here's the Story: My Local AD's Rolex case was Smash and Grabbed. But they left The Sky Dweller! Lucky me. The only knock against the deal? No Papers because it was an Exhibition piece. The AD Gave me 5 Year warranty as stated on Receipt "The Same as Rolex".
That sounds very suspicious. Exhibition pieces have paperwork. Sounds like the ad filed it as stolen to got the insurance money then sold it without card.
@@colincelso9428 how would I go about confirming this? Should I contact Rolex directly? On my receipt the AD has provided 5 year warranty the same coverage as Rolex.
Great video! I liked this theme. Def do more as the market changes
Thanks! Will do!
Excellent informative and detailed analysis!! Keep them coming.
Glad you liked it 👍🏻
Hi Charlie, very informative as usual. As per an earlier comment you should buy what you like. For me it's Sky-Dwellers. Not a flipper watch, except the steel and blue, but just a great watch to wear. The yellow gold on oysterflex with the black dial is just stunning in the flesh. Below list that's a great buy. The white gold with the black dial on leather is very subdued but again a lovely looking piece on the wrist. Looking forward to your next video. Great stuff.
Thanks Alex glad you enjoyed it. You should always buy what you like 💯👍🏻
Why is this guy an honest watch dealer. Never heard of him from Adam
I heard from Opusntime watches that the secondary grey watch market is dead. Is that true
Wonderful segment. It's nice to hear it straight from the source.
Your welcome
Thanks for the info,looking forward to the next one
Thanks for watching! More to come 👍🏻
Appreciate your evaluation, but you left out the yacht master. In particular, the YM40 slate grey. Just wondered
Such a nice watch watch but has always been a slower seller than the other sports professional models unfortunately. Price wise an over list watch and higher than the blue dial 👍🏻
@@thehonestwatchdealerIt’s one I’ve got my heart set on, and everyone generally ignores it. Many thanks for putting yourself out and answering. ✔️
Beautiful watch, and the next one I'm waiting from my AD.
Dont buy any Rolex for investment . Buy what you love and wear it . Few years if you get bored of it , trade it in for another Rolex Model . Im prepared to lose 10-20% on a Rolex on a Trade in for another new Model .
But to wear 👍🏻
Great video... thanks for being open and honest
Thanks for watching!
Excellent video!..this is what the viewers want to hear. Please keep them coming
Thanks, will do!
While discussing the Bluesy, after saying the feedback you've recieved from buyers saying they turn it down because there's nothing in it for them. You should teach those buyers to buy what they love and not worry that after buying they can only resell for $300 more over retail and not $3000...The mindset of a true watch collector isn't focused on profiting on their timepieces.
I agree. Folks are using the word collector too loosely. The overwhelming majority of THESE watches are not purchased for collecting. The new gold rush is watch flipping. The fantasy currency known as crypto, has the watch flippers smarting a bit.
Reading all the comments on this channel, they are all from flippers asking the potential of trade value on specific models. This is not good. It's a cancer in our hobby
There’s barely a “waitlist” anymore. I know people who bought subs after a few weeks with no purchase history. No need to play these AD games when the market is this soft.
A fantastic wealth of knowledge you have shared. Great content and look forward to your next video. Thanks.
Your welcome, thanks for watching!
Wow stumbled on this video and really interesting information!! Watched everything without skipping once!
Haha thanks a lot Dave, appreciate that! 🤣
“The Honest Watch Flipper” without any horological context. Video straight for Bitcoin bro’s
This channel and Watch Investor Vinny >>>>>>>>>>>>>>>>>>> Watch Traders and Trotters
Where does Phil Reid slot into this pecking order ?
@Ron Jeremy 😂😂😂 out and out wrongun him!!!
@@breakdownshakedown71 I don't want to speak ill of Phil but I have a sneaking suspicion that your comment will receive quite a few thumbs up 👍
@@ronaldJ262 😂😂🤝
Sea Dwellers? Walked into a local AD and they'd just gotten a Rolesor that morning. To me it blew away the steel (on display) so I bought it. They sell just about retail on the secondary. But I noticed in the states there are very few around relative to say a Rootbeer or... Forget about Subs. There's a ton of black sub 41mm. The watch wears slightly smaller than the Explorer 2 on my wrist. Really sharp.
Thank you for being honest 😅 as you named your TH-cam channel.
My fav is the Rolex Daytona series, Pepsi and Hulk. 😎👍🏼
Great taste 👍🏻
The issue these Grey dealers have is the Rolex Certified Pre Owned. It has completely rocked the Grey dealers. My friend is an established Grey dealer and he says the Certified Pre Owned is big competition. Well reality is if you are going to end up buying used at the over list market price then why use the Grey dealer. Go straight to Rolex AD for the same money
BS
@@whereRbearsTeeth why else would you think otherwise. I heard it from the horses mouth. And the market tells the story anyway. Grey dealers are reducing prices to get sales. Because they can't compare to buying used from Rolex Certified. It's clearly obvious
Really educating, more of these vids please.
More coming your way
No disrespect but this sounds insane, Rolex really believes they are God 😂smh
When it comes to watches they are.
This is dumb. Not everyone is concerned about their new Rolex being instantly worth more than they paid for it from an AD. The point with these watches is that if you own it and enjoy it for say five years and if you need the cash back it will almost surely be more than your cost five years later mostly pushed up by Rolex continuing to increase their new prices year over year.
This fellow thinks every watch is just for flipping purposes and not owning and enjoying. People pay $15,000 for a piece of diamond or stone jewelry is instantly worth less than you pay for it - but they never bothers Most jewelry people.
Dumb ? Don't watch it then numbnuts 🤡
I think the emphasis should not just be on flipping watches - this video is really accurate in terms of desirability generally and market values.
Great video. Your website and inventory are looking fantastic too.
Glad you like them! Much appreciated
Such an informative and easy to watch video. Thank you.
Thanks John I appreciate that
Hi Charlie
I hope you and your family and friends are all keeping well and healthy, and you are having a lovely positive weekend? As always, another great genuine honest video I always enjoy watching, listening, and learning ? Have a great weekend. I will be getting in touch with you later in the year and to arrange a visit to your premises. Enjoy the rest of your evening kind regards 😊
Thanks you Karl, so pleased you enjoyed it. We are all very well thank you. Hope all
Is well with you.
That would be great 🙌🏼
@The Honest Watch Dealer thanks Charlie Speak. Soon , kind regards, Karl
To the point, accurate and thorough, nice one!
Glad it was helpful!
Thanks for sharing! Really great content
Thank you I appreciate it
Great video! Loved the content, loaded with information.
Glad you enjoyed it!
Great video.Very informative.Thanks.
Glad you enjoyed it!
Very informative , thank you 🙏
Glad it was helpful!
Very useful video especially for people new to watch buying. Great value. Thank you
My pleasure 👌🏻
Such a great video! Probably the most useful one I've seen lately!
Glad you think so!
Awesome video! I really appreciate your insight and honesty!
I appreciate that! Thanks for watching
Really enjoyed this one. Super interesting and informative.
I like your to the point summaries.
Thanks Dean I appreciate that !
This is quickly becoming my favorite watch channel
Thank you mate really appreciate that! Glad to hear you enjoy the channel! 👌🏻
Really enjoyed that one Charlie, good information about what to buy and not.
Your welcome Simon, Glad you enjoyed it 👍🏻
Great video pal, very informative as always
Thank you mate hope your good 👌🏻
Thank you, very useful video.
Glad you liked it
Another informative and useful video❤️
Thank you I appreciate that !
Excellent content, appreciate if you could also do a video on Audemars Piguet. 😊
Brilliant video, thanks very much. Have subscribed!
Amazing thank you
Great video - really enjoyed that!
Glad you enjoyed it!
Great video!!!!!! Thank you for all the info
You are so welcome! Glad you enjoyed it
Top video.
Like the no-nonsense approach.
I'm sure it'll piss a lot of people off but keep it up.
May I suggest the following 4F categories?
Flip.
Flex.
For the Future.
Forget.
Thanks for the information!
Any time!
Thanks so much for your valued information. I always learn from you!
Thanks Robert, so glad you learn from them! Appreciate it! 🙏
Great informative video - subscribed.
Amazing thank you!
Charlie is like Yorkshires answer to Watch Eric. Top man 👌
Thank you mate much appreciated 👌🏻
You are fabulous🎉! Thank you so much for the great information…..
You are so welcome! Thank you
Love the accent and content! Great video! Wish your shop was down in London.
Maybe one day!
Very Informative and, honest watch review and market sentiments. Keep up the good work
Thanks, will do!
1. the first watch steel gold with black dial does not list for 12.1k, it lists for 14.3k on the Rolex website. 2. people do not buy these watches to sell, they buy them because they like them, so re-sale value means nothing.
Very insightful video- just love the Skydwellers and I have the classic fluted bezel and jubilee bracelet Rolex Oyster Perpetual Datejust 31 and when worn, it is just eye catching to everyone else that what you’re wearing is a Rolex.
Excellent video! thank you
Glad you liked it!
THANKS FOR THE AWESOME KNOWLEDGE
Our pleasure!
More videos like this 👌🏾
great vid!
Great video. Very informative
Glad it was helpful!
Fantastic video idea mate! Great, vid!!
Thank you mate, glad you enjoyed it !
You come across really well and professional !!!
Thank you i appreciate that George
Great Video! I just didn't see you saying anything about the Datejust 41
Mint green, fluted motif. Thank you!
Thank you I appreciate it. This is a harder dial to get so we didn’t mention in this video. We have however covered it in others so please check them out 👍🏻
Great video! And today it's also possible to buy fractions of iconic timepieces without breaking the bank
Thank you
Great info thanks
Glad it was helpful!
Thank you for the fantastic wealth of knowledge you have shared with us. Your content is excellent and I'm really looking forward to your next video.
Thank you I really appreciate it. More content coming your way 👌🏻
More of this, love it
More coming your way
Good vid mate, keep it up! 🤙
Thank you 👌🏻
Excellent. Quick and punchy. Told me a lot. The key is, to me, holding value and the potential to cash in if needed. Many thanks.
Glad it was helpful!
@@thehonestwatchdealer I’m new to your channel so a lot to catch up on.
thank you, just really appreciate the expert perspective
Thank you mate I really appreciate it, glad you liked this one 👌🏻
I was hoping you would cover the platinum day date. I’m not buying to flip but I’d like to know RRP and how it fairs over time. Great video learnt a lot,
Thank you I appreciate that