Are Patek Philippe Watches About to Skyrocket? | CRM Life E147
ฝัง
- เผยแพร่เมื่อ 8 ส.ค. 2024
- We hadn’t sold these many Patek Philippe prices in quite some time! We’re also on a bit of a buying spree!
Welcome to CRM Life Episode 147. We’ll take any sign of a market rebound, considering the multi-year bear market we have been enduring...painfully! You’ll see what another grey market dealer feels will happen to Patek watches in general, especially after a series of discontinuations.
By the way, there are only about 10 days left before we select the winner of the Rolex Pepsi and an all-expenses-paid trip to Miami! Make sure to sign up for your chance to win below:
tinyurl.com/winarolex
Here are some of the main sections of this video broken into chapters:
00:00 Intro
00:20 Grey market dealer discusses Patek Philippe watches and million-dollar Rolex.
03:40 Nati tries to get out of her shell and Carlos makes a deal with WatchBucks.
07:14 Couple buys 3-carat lab diamond ring (oval) from the girls.
09:50 Two greys come in for a deal on a Rolex Root Beer, but only one gets it.
11:29 We’re selling more Pateks now than in the last 12 months.
12:13 Charlie discusses a very special Patek Philippe watch.
13:10 Asking dealers in Downtown Miami about the Rolex Pepsi being discontinued.
13:49 A 12-year-old jewelry dealer comes to sell Carlos.
16:44 Asking people on the streets of Miami if the Pepsi will be discontinued.
17:32 Sandra gets a hot, black Daytona she has been waiting for and discussed recent sales.
18:12 A little stench at the shop!
19:02 Our last $100,000 winner pays us a visit.
Our Raffall Page (for future prizes):
👉 raffall.com/crmjewelers
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Here are some of our personal IG pages:
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Charlie: / crmcharlie_
Raysa (“Miss CRM”): / miss.crm
Sandy: / crmsandra
Dan: / crmdan1 - บันเทิง
👉 Win a Rolex & trip to Miami: tinyurl.com/winarolex 🌴🛥⌚
Much respect to the 12-year-old hustler! Boy's got game already!
If he makes the right decisions. I remember the hustlers from when I was a kid, and they are still hustling, making a buck here and there. But time will tell.
Much love to the CRM family. I think there should be a CRM winners club and all the winners meet up once a year for a weekend in Miami. Charlie and Carlos, once again, with the encouragment to the young guns!
Thank you my friend. We've actually been discussing an idea similar to this for quite some time.
Just because something is rare doesn’t imply it is high in demand.
Watch market is currently in big trouble and will decline further.
Every luxury industry, as well as most other cyclical ones, will see further declines. The watch market is not alone.
“TAKE OFF YOUR WATCH”. Mad respect for the dealer sticking to their word! Your word is your bond!!
Thank you for the amazing upload right on schedule! Always brighten up my Fridays. My agency is being audited this week and I was supposed to be prepping for the interview but fuck it! CRM time baby!!!
Ha Ha, thank you Peter. Good luck on the audit!
did they skyrocket yet?
I bought I think a hundred tickets on the Pepsi raffle tomorrow. I have moving boxes and movers are coming tomorrow, lost my job in December. Wish me luck, I am excited for a win. Pepsi jubilee is my favorite watch of all time just based on looks. Never bought a raffle ticket in my life.
Date just jubilee w/ fluted bezel over ALLLLLLLLLLL
Great video as usual from our dear Miami family. Thanks for all the hard work and content you put into these videos so that all of us can watch and enjoy. Have a blessed weekend. Much love from London UK.
Thank you my friend. Likewise. 🙏
Commenting to support the family and the video. Natalie your reels that you’re working on our solid keep up the good work. Charlie time to cut the hair. Everyone have a great week. Be well be you
🙏
BIG W
Pepsi is already gone.The price will stabilize itself at 31-33000$
Starting off with a 10ct chain. That's an amazing start
What an impressive young man.
He did say Mazal at 31 😅🫡
The way Carlos smudges that patek at 6:20 is so weird
Is that first dealer Dennis Goldman
Not really. The watch market just stays stagnant
Nice business
❤️❤️❤️❤️❤️
Once again. On a Friday. Dial up #TH-cam #2024 #CRM_Miami
how many bust down Sky's are getting made bc of this video..
That won’t affect production .
They’ve only made 5 so far .
But he’s trying to reach the stars on his profit margin !
The 326959TBR was $1.5M over a year ago
But right now Moda posted one brand new for $815,000
so at $1.1M that guys trying to make a 35% profit margin instead of 8-15% 😂
A fair retail price for this is around $900k-975K
Wholesale $800-850K
Omg. The guy buying the diamond his girl had on scrubs. Does he not understand they all turn crazy once they wear the scrubs lol. Good luck whoever you are. I wish the best of luck that would be better then everyone I know and that is over 24 that married a girl that wears scrubs lol. Congratulations. I hope its a great wedding.
the watch market is dead ... well not dead, but the hype is over and it's never coming back. This is your time to buy your watch at the ad. Never buy a watch you can't buy for retail or below retail price.
The secondary grey market is dead! It's unbelievable, but true!
Have you looked at cyclical industries worldwide? The grey market is not alone. It's crazy how much people take pleasure in seeing others suffer and think they're succeeding themselves when others do. 🤦
Charlie dresses like a preacher now
no.
For the Pave Baguette Meteorite SkyDweller that watch was selling for $1.5M
The OF version was $750K
Moda just posted the full bracelet version 326959TBR brand new complete set with its special box and hangtags for $815,000 just on new years .
so for $1.1M this guys this guy wants to make a $300,000 profit 😂 I never complain about peoples prices and profits but come on 😂 you can literally buy that watch for $815K and sell it for $900-950K and still make a 11-20% profit but trying to get $1.1M that’s 35% profit margin 😂
Can't say I disagree with you.
@@Crmjewelers Oye Tio Danny tell Raffall to fix their random generator I was supposed to win 5 times already I’m like 1,100 tickets 🎟️ deep between all 7 Raffall 😂 and I’m in Ft Lauderdale so you’ll save Thousands on travel cost 👀
😂 it is a stunning watch though . I actually prefer the OysterFlex version 🔥💎
I'm definitely putting another complaint in on Monday.
like 91 fren sukses
''this IS what an ugly ass 1 million dollars look like''😂
Charlie, haircut quickly!!! Ya!! Your dad did it you have to do the same!!
Answer to the title:NO! Coz grey market dealers are ruining it for the watch industry to the point that all dealers will be having a hard time selling these watches. People are sick and tired of these secondary market prices. 😂
I think you gotta start studying economics and how Central Banks work a little more. 🤣
Pateks quality are lower than grand seiko.
you mean plummet ?!.
no. nothing is gonna skyrocket. things are different today than 2 , 3 years ago..
Pls reach people do not bet pls thanku love crm . I just bet $2
Yep miss CRM, you don't wanna know what's inside!!!!really don't, otherwise you could become vegan straight UP.😂
u should totaly gift me a watch :D
Sure thing
@@Crmjewelers wow that easy huh
By the end of the year watches will cost pennies 😂😔😩
And my grandmother will become a cape wielding crime fighter 🤣🤣🤣🤣
Come to pompano so u can get robbed for ur watch
Why would we want to go to 💩 hole? 😂
@@Crmjewelers we got donks worth than more Richie
@@Crmjewelers cuz u'll get robbed 🤣🤣🤣🤣🤣
Charlie please cut that hair!
Hoping I'll be the lucky winner who gets to come hang out with all of you. The PEPSI souvenir couldn't be a better keepsake for the memories. Let's GOOO!! 🏝️🛥️⌚
🙏
No, they are not. Truth be told PP makes an inferior watch to Rolex and they use Chinese parts.
The swiss luxury watch bubble is busting. The bull market is coming to an end
The bubble started bursting and the bull market coming to an end two years ago. Where have the been?