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The Watch Market Bubble is OVER & it's not just Rolex
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- เผยแพร่เมื่อ 10 ก.พ. 2024
- Other possible title: Hug a hype watch collector. Patek Philippe, Rolex, AP UNDER RETAIL.
Yo, watch fam, you need to hug a hype watch collector because the prices have fallen like crazy. The Patek Philippe Nautilus 5711 has nearly halved since this time in 2022, same with the AP Royal Oak (secondary prices of course), Rolex Daytona, Rolex Submariner. I think it is fair to say the Watch Market Bubble is OFFICIALLY OVER, and it's not just Rolex.
The Watch Market Bubble is OVER and it's never coming back.
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*sitting in my 700 sq ft apartment and watching on a cracked iPhone screen* :
“Mhmm, $60,000 is a terrible price for that watch.”
Brilliant. 5 Stars.
Sounds like you need to level up. Being a brokie is for the birds
Sitting in my aunt home( 44, no family, no property, no car, no job) and watching on 2019 Samsung with cracked screen.😂
@@Xavier-se9mcdon’t bromides spend their money on expensive phones?
@@skibooski6884 yep. They bitch about being broke but think they deserve to live without roommates and have expensive luxury goods.
I totally agree Britt, I would never pay more than retail for any watch unless it was a particular piece with some sort of sentimental value to me. I love your impression of the bomb falling to earth and exploding....that cracked me up!
Bahahaa! Sometimes you have to spice it up with boring money videos! 😅 💕
But you know, it sounds like we have really similar philosophies of collecting!
And not before time! Flippers and speculators I have zero sympathy.
Absolutely, the sooner they start losing money, the sooner they leave our hobby alone
Flippers are pure scum.
In fact I could not care less about them irrespective of their gains and losses. It’s their own life, not mine.
“And not before time”???
Bad news for flippers! Great news for enthusiasts! And I think things have further to fall! 💕🎉
I agree with you Britt, I would never, EVER pay above retail for a watch, no matter the price tier.
retail is just an arbitrary number. All of these luxury watches have insane markups. This take makes no sense
Well said.
2 things I have noticed last few months to show the bubble has burst.
1, in my town all the jewellers which never had watches all now have several watches available.
2, More watch TH-camrs pivoting away from watches
Glad you and Adrian are still creating great content
1?
They always have had, they just charged, the steel Daytona in Berry's in Nottingham now is down in price by another £5k.
You could buy a Rolex there at the peak of madness, but you were getting near £30k out for a steel Daytona, £17k for a green ceramic Submariner, £13k for a no date one.
Talk to Pride & Pinion, Nico would have always found whatever you wanted but you may not like the price.
What they got?
@@gaffs82 5 Daytona's, 8 GMTs, 8 OP's, 5 Sea Dwellers, 8 steel Submariner's, 5 Nautiluses, an Aquanaut, a dozen other Patek's, a couple of other Royal Oaks, an RM, 2 Roger Dubis shall I carry on?
You've always been able to buy what you want, you just had to pay for it.
That hadn't occurred to me.......Is that why Paul Thorpe has suddenly started spouting right wing BS?
@@killforkylie and Paul Thope wonders why Rolex won’t sell to him. Maybe it’s because he’s a right wing loon.
Good. Can’t wait for my Rolex ad to call for me to say stick it
And that is exactly what everyone should say. There are too many beautiful, incredibly well made watches out there to let them get away with it.
@@OrdinaryWatchGuy ppl are. I know at least 3 contacts who were called and didnt even bother to call back. They moved to other brands (Omega and Cartier) who treated them with some dignity Rolex ADs are about to feel the karma. Look Rolex will have its following, but not the classless behaviour of spoiled brats as how they behaved in the last years.
I walked into the Rolex AD I purchased a Sub and Grand Seiko from not more than a year prior. He did not remember my name, when I asked if the GMT Master was becoming more available he said that Pepsi’s were not available to me, a Batman might be, but not now, and he does not stock the lower end OP’s I was interested in looking at because he can make more off all the higher end models. He tried to sell me a Tudor Black Bay again.
I went to the Grand Seiko boutique down the street and got awesome service with no pretentious comments and everything was in stock…. Humm….
Britt the AP crash and burn demo was awesome!! 😂
Good! I hate flippers. I would like to buy a Rolex Pepsi meteorite dial, and even though this model is really rare, you see so many of them for sale on the grey market. People just buy them to flip them.
The manager of a AD where I have bought Rolexes before promised me a Pepsi Meteor when they first were announced but somehow she never was able to get one. Allegedly.
Over the past few years, the multiple price increases at AD's for Rolex and Omega have positioned them to be able to offer discount incentives for when the market slows, and still make huge profits. So that 20% off Speedmaster is still more expensive than it was at full retail just a few years ago.
Inflation also has to be considered in that. We were hitting double digit inflation for over a year just recently.
I may be in the minority, but I really don't care for any of the Genta designs. The Nautilus might be a great watch, but it does nothing for me, with the odd shape and thick flat bezel. The Aquanaut looks like a toy watch. The Royal Oak is just gaudy, and those screws on the bezel make no sense. It's a "hey look at me" watch, that's why rappers love them.
Totally agree! Feels like a temporary hype watch, that’s gonna go out of vogue, with mass realistaion that they all look the same, and not that classy, Aquanaut and it’s big ears looks like it should have a digital screen.!
I agree, but fashion mania will make hordes of folks believe that something mediocre is much better than it actually is simply because it is the latest hot trend. These Genta watches are Ok, but they are a bit like disco and bell bottoms, and for me are more of a curiosity and time capsule than amazing design. A few years back no one wanted them...but then they got scarce and really really expensive, so suddenly they became "the greatest thing ever!!!". In a few years the fashion will pass and everyone will wonder why these 70s watch designs were all the craze in 2023.
You can say the same about any decoration, though
@@gavinwhite9743 temporary hype? Out of vogue?
Those two watches (Royal Oak and the Nautilus) have been "in vogue" since the mid 70's and without them there would be no mechanical luxury watch market at all.
It wouldn't exist.
this girl is slowly becoming my favourite watch related youtuber. such interesting topics … hits the spot every time
Right?? Other watch TH-camrs are stuck reviewing watches instead of talking about relevant issues. Brittney is slowly becoming the top watch influencer due to her variety in content
Woman
This “girl” as you put it will make you her “boy”.
@@markreynolds9135nobody cares kid
@@madzmadeit You definitely have that 70s’ macho look with the large fake gold chain. 😂
I got my first Rolex today at retail from Harrods London (Explorer 1). I just decided to pop in and ask the question, and fortunately they had one available for me! I have always wanted to have one for my own personal use and I'm so happy that I managed to get one. It's such a beautiful watch!
It looked at you, meowed and it was love at first sight!😸😃
Congrats! I love that watch!
I got sea dweller red font at AD at retail in Texas in January. I was at right place at right time as someone who wanted it backed off and I went in to put my name on bs waitlist, she said there is one available but I have to decide within 24 hours. She also had a DJ but I wasn’t in love with the dial color etc. so got SD43
Rolex... Cliche 😂
To paraphrase the ‘Are You Being Served’ lift (elevator) intro;
Second Floor; Royal Oak, Aquanaut, first world speculative buys, going down…
First Floor; Daytonas, 57-11, other hype watches, going down…
Ground Floor; two-tone, gold watches no-one wants, beat-up used Rolexes, going down…
Basement; Omegas, 40% off, deflating bubbles, still going down…
😉😅
I was back in the UK at Christmas and was offered discount by a Tudor boutique on Bb58, Bb 54 and Pelegos 39.
How much discount?
2:09 love the finance bro impression 😂
Great info. Love your videos!
I 100% agree with you about buying retail or over retail. The hunt for a bargain is a huge part of the fun 😊 Sing it baby sing it 😊
I just got my first "properly nice" watch. Nomos Ludwig 38 with the enamel painted white dial. Damn it's beatiful. Love your videos Britt!
SHUT UP!!!! Whaaaat! This is absolutely FANTASTIC! Biggest congrats to you and such an elegant choice as well! 😻😻 you know, a nomos Tangente was my first mechanical watch! And it’s made me into a lifelong nomos lover! Biggest congrats to YOU! And enjoy the honeymoon phase! 💕🎉
@@BrittPearceWatches Thank you!!!
Yep, it really seems that prices keep going downhill and that is great 🎉
And on that note…. I finally pulled the trigger and bought my first Omega 🥳
Got a brand new Speedmaster Professional hesalite at way below retail. Could not be happier 😀🥳
Cheers Britt, great video as always 👍🏻
Right?!?! Great for watch buyers and enthusiasts if you ask me! 💕🎉🎉
And omg! EDWIN!!! Biggest congrats on the Speeeedy! 😻😻😻 hesalite as well! SO GOOD! I love the warmth the hesalite brings the watch! Such an excellent choice! Man… I love the new watch feeling!
As a watch collector, I really hope you are right. Maybe it is in England. However, in the USA, I don't think that is the case yet. If you go to Chrono 21, Oyster Perpetuals, Explorers, Datejusts, and Air Kings are still way over retail price...30%-40% average. $10K or more for a 41mm OP blue dial? No way...😄😡🤦♂️.
I think in the USA the grey market are thinking, the hype may come back, and they won’t have to lose money on their stock. When realisation comes home to roost and their preowned stock isn’t moving, they will have no choice but to discount stock.
patek and ap are never worth the price tag
Man! Retail is a punch in the gut. NO WAY IM PAYING OVER! 😅
Me watching this as if I could afford any of the watches here 🧐
Can confirm on the Omegas being offered at a discount. Got my 3861 Speedmaster with a discount and I didn't even have to ask! Feels like the old days....almost!
And no Britt, its not being cheap to not want to pay over retail for something on the secondary market. If only everyone practiced this we wouldn't be where we are today with the insane prices.
While that is true, Omega has also increased prices like crazy over the past few years at retail. So sure you get a discount, but it's still more than what it used to be just 2 years ago lol.
How much discount did you get? Thinking about getting one too!
@@vedomedo indeed. My first Speedmaster was bought 14 years ago and was less than $3000.
@@Enzoxvx I got 20% off
@@jobervelasco8614 thanks!
Great video, thank you for sharing. Missed watching you and your commentary.
“The bubble” will never come back, it will be replaced by another bubble with new promoters, new brands you’re supposed to care about and new limited pieces and best of all… a new color more popular than the other color everyone was wearing! 😋
You’ve actually been watching this market for a while.
Loved it. More money- and market-aware content, please! Buying watches is great. Finding value is great. Understanding market dynamics is great. All three is too much fun.
Finally! Good sign for enthusiasts of all collectibles. Happening across the board such as the car market. Flippers having harder time selling for a premium with “reserve not met” on auction sites such as Bring a Trailer
Another great video. So refreshing to see someone approach the watch market from a different angle 🙌
i feel the same way. i don't want to feed the beast out of principle. i will NEVER spend even a penny over retail for a watch.
Thank you for another episode, Brit
I saw a Rolex blue steel and gold for sale at the ad yesterday.
It’s about time. I remember in late 2017 when steel Rolexes started disappearing from cases and showing up at inflated prices on DavidSW and the like. I got my 114060 at retail that summer and it seems I lucked out. I didn’t even need to put a deposit down at an AD I only bought from once before, so it’s not like I had some long-standing relationship with them. And I’m with you, by the way; paying over retail is not only not a good idea financially, it also harms the hobby as whole. If it weren’t for the massive fervor over Rolexes, other brands wouldn’t have started raising prices and cutting out discounting. The only watch I’ve ever bought from an AD at retail is my Rolex; Omegas, Tudors, etc I’ve always gotten at a discount. I’d never consider paying over-retail for a watch unless I win the Powerball and really, really need an AP Royal Oak chronograph this instant. And, actually, had I chosen an Explorer II that summer instead of a Submariner, I was offered 30% off MSRP from a major market AD. Don’t pay over retail, it’s bad for everyone in the long term.
With the exceptions of discontinued and certain highly sought after, limited production models, no watches should be selling above msrp.
Interest in watches has generally been falling the last year. Definitely not as many TH-camrs, and the grey dealer ones have all but disappeared thankfully.
Not seen any discounts in the ADs yet, and when I asked about getting one on the two-tone Santos they said they never give discounts. Will see if they say the same in 6 months!
Some do, some don’t, I guess it depends on your spend.
Hi Britt,
Great videos love the channel just have some questions.
Surely it’s a benefit that your watches secondary value remains above RRP makes no difference to you? I only see it as a benefit ?
As you and I are part of the lucky ones who are able to purchase these very in demand watch’s at RRP.
I don’t get the thought process behind it ?
Omega Seamaster 300m in green, spoke to three ADs, all discounting (UK market). I was able to purchase it on a bracelet (£5,600 RRP), plus with the green rubber strap (£310 RRP), for £4,950 all-in, -£960 discount on total RRP 🎉
Which AD?
If you aren't getting the rubber strap and deployant for free anyway, your AD is doing you wrong.
@@boayoon8715 Hi, the offer was negotiated over a couple of weeks, so personal to my circumstances, I’ll respect the personal nature of the agreement. In any case, you may negotiate a much better deal than I was able to with your ADs. The point was simply that the 3 ADs I chose at random, within a reasonable proximity, all were totally happy to negotiate, hopefully this is encouraging
Watches in this category are a game that those with funds can play. The fact is that there are many quite fine watches available for under $1000, so paying much more than that and getting into sellers' games to get a watch is basically an expensive hobby.
I need a new Rolex market update thanks I noticed the Rolex is selling cheaper in the uk than America in wanted a gold day date yellow or rose do you think it’s time for me to jump on one or should I wait a little longer thanks
Agreed. At or below retail only. I want everything to crash so I can get something decent at a fair price.
Britt, you totally need an Aqua Terra at some point! Maybe a 38mm? Def go with the teak style dial.
No micro adjustment is a dealbreaker
@@IamRossAlexanderMine is in the blue rubber strap (with clasp) and it’s sublime 😃
I ACTUALLY DO THO!!!! I even tried on the 34mm recently and it was 😻😻😻 it’ll be between the 34mm and the 38mm I think! 🤔
@@BrittPearceWatches I suspect you're right on the sizing, mines the 41mm with silver dial, which works me on a 7.5" wrist. I'll bring it along to the next RedBar Bristol event (we met briefly at the last one) and you can give it a try. Great to see the channel doing so well (140k+ subs 😎) 👍
It’s over big time. You will be seeing some jewellers shutting soon if not already. It was always going to happen because the numbers got bigger and bigger at a silly speed. We all let go at some point and we’ve pretty much all reached that point. Some models are still in an upper level of a bubble but even very rich people have a point where they just let go. Watch crime and massive inflation has made people rethink about buying and wearing a 10k machete magnet on their wrist too 😬 the Swiss luxury watch market had a good thing going on but they couldn’t stop playing games and ramping up their prices. Omega especially has priced themselves out of the market while doing nothing other than changing colours around on very out of date watches with out of date movements 😬
Dude writing that and then suggesting 'Omega especially' is ignoring the elephant in the room. I think we all know that the most deplorable company through all this has been Rolex and their ADs behaviour has been incredibly bad. At least you could always go into Omega and walk out with the watch yoou wanted (same day) without the snooty 'are you good enough' games, the wait list pretence, the bribery of having to buy jewellery you didn't want, the 'that's not where you start your Rolex journey' bullshit - I mean, come on, and how did so many brand new models get into the hands of the flippers immediately if not out the backdoor for a cut of the gains? Omega put their prices up in a bull market - I don't like that, but it's business. Rolex lost their fucking minds. I hope they get very unfashionable, very quickly.
@@OrdinaryWatchGuy my comments were about the watch bubble bursting and watch brands losing sales. Omegas sales are massively down especially because they haven’t released anything new other than different colours of old watches that desperately need updating while ramping up prices to mirror Rolex without doing the hard work Rolex have done to improve their already excellent watches. You’re absolutely right though and I couldn’t agree with you more. The whole nonsense of walking out of the Rolex AD with a watch worth more than you’ve paid for snowballed into an absolute shambles leading into what must have been almost illegal practices. Suggestions of buying other things you don’t want so you might be allowed to possibly buy a Rolex is unbelievable. Rolex is still in big demand but it’s starting to slip as more and more AD’s are having to sell watches without making people do the dance. People must realise now that the Rolex they walk out of the AD with is probably worth less than they’ve just paid. It’s going to take a bit longer but Rolex will start feeling it soon and people don’t forget about being told they weren’t good enough to buy their watches not so long ago. As a brand Rolex has overheated and their iconic designs are easily spotted by watch thieves. Many people who are very wealthy just don’t want to wear Rolex anymore because it’s more trouble than it’s worth.
@@leeharding8306 but Rolex don't have to worry, they aren't a public owned company.
Rolex is privately owned 100% by The Hans Wilsdorf Foundation, which is a not for profit foundation, they do not answer to share holders, publish financial figures or pay tax. No one has any idea how much money they make, or how much of that they donate to various charities and other causes. Supposedly ~80-90% of their total profits are given away.
Also Rolex ADs are independent businesses, they aren't owned nor are their sales terms controlled by Rolex. However they cannot sell at above MSRP, which probably accounts for why they have "other" ways of choosing their buyers.
Omega is owned by The Swatch Group, they are a PLC floated on the Swiss stock exchange. Like any other huge international conglomerate they exist to do one thing, make their share holders money.
Love your channel! Just wanted to encourage you.
Thanks Britt! So when thinking about this, is the primary determinant of secondary market pricing the likely chance that someone could buy one of these watches new from an AD?
I’m learning a lot. Thank you!
Excellent news for enthusiasts who collect watches👍🏻
It's great news for those who will buy on the secondary market, but more expensive for those of us who only buy from our AD as my government just keeps printing currency willy nilly and devalue our purchasing power. 😮💨
Oh good GRIEF! I go through phases with the news - sometimes I’m really invested. Then I get angry and upset. Then I need to stick my head in the sand for a bit! I’m currently in “stick my head in the sand” mode. I’m so sorry to hear this! 😡😡💕💕💕
Bubble popping? GREAT. I only buy watches to wear and love them for many years. It’s nice that they hold decent value over time, but these things are not great asset investments.
Would you not pay over RRP for vintage? E.g a 16710 GMT from the 90’s?
Hi Brit. I would be interested in hearing your thoughts on why the bubble won’t be coming back.
4 1/2 years ago I was offered to buy a Royal Oak for $17,000 in Las Vegas and the salesman wanted to to whip out my card then and there at 11 pm. I thought that it was crazy expensive then...but now it is even more absurdly priced.
Agree. Not that desperate for any watch to pay over retail.
Not that I’ll ever afford any of these watches(Barring a lotto win) love your content for entertainment. Your videos are mesmerising. Thank you for the great work!
Lovely Tank on toffee brown strap! I wear the same combination myself with a 2013 Solo XL.
As a collector who got all his hype pieces (Blue SkyD, white Daytona and aquanaut) at retail. Hell yes!! Finally. The prices and unobtainablility was just insane for collectors. Now retail prices today are just stupid.
Watch dealer (i don't know if authorized Omega) in southern germany had a sign in his store window saying "30% off on all Omega watches". And he had a lot.
Well Done ! Thank You !
Mass produced items that cost a few hundred dollars to make selling for the price of a car. The luxury watch market has always been a bubble.
Do you mean the Rolex AD would actually WELCOME me in the store? Oh man, I am going to enjoy playing with that…
Any thoughts on the Omega Speedmaster Silver Snoopy (50th)? I’ve been waiting since they were rumored to be released. Now, I hear that it may be discontinued. 😢
Hi Britt. Finally got my Air King at retail, a few weeks back, so yeah I think the bubble and associated waitlists (at least for most models) are over 👍Great for watch lovers, terrible news for flippers and the less interesting TH-cam channels 😃
How long did you have to wait for it?
@@E.T.1971 Lucky situation for me… friend had been waiting for over a year, then got called for it, but decided he didn’t want to keep it, so sold it to me for retail. He’s waiting for other Rolex, so wanted to keep the spend history with the AD. So in answer to your question, he was waiting just over a year. However, I know of at least one other person who has now got one too, so I think the wait times are reducing or even possibly disappearing. Go into the AD and make sure they know you want one… good luck 🤞
Do you recommend getting a Rolex OP 36MM (black/silver/green) if an AD offers me one? I don't have plans of reselling but definitely don't want it to be below retail / below what I paid for it in the future. Just want to know that it's going to hold it's value at least. I have been wanting this for a long time now, but with this 'crash' I'm unsure.
There’s definitely been a big shift. The AD close to my work has all the hype Tudor models on display these days. 1.5 to 2 years ago, you’d be lucky to see a BB58 blue dial on a strap .
And the stores are deserted. Good to see. Let them close.
I agree Britt....patiently waiting for an OP at retail. Can't bring myself to pay more for second hand...doesn't sit right and just think it would taint the experience of buying and owning my dream watch.
I have been interested in purchasing an Omega Seamaster 300M with a 41-42mm diameter. Can anyone suggest a place to buy it besides the Omega store? I would really appreciate it. Thank you.
Does anyone know if the new seiko field gmt will go down in price? SSK023. should I just buy that or wait?
You are right (of course) it's all about availability ... supply is increasing, while at the same time public appetite is receding. Speculator's enthusiasm fades as the returns diminish. A product is new as it leaves the AD after that - it's secondhand .
I’ve been cut out due to ridiculous prices over rrp and I don’t think they are worth much more in most cases. I will wait for my next purchase, prices still too high.
Nice video Gringa, thank you 🙂👍
Talk about the bubble thing you mentioned. Can’t leave us hanging like that!
What will you buy?
new sub LOVE your honest input on some of this ridiculous expensive watches!
Great video. Now where was the omega on sale. Now it Hinksey am ready to buy. 😮
Thanks for the video Bitt. Fully agree 🙂 I saw an Omega Seamaster 300m Diver Nekton Edition in the Window of a German Dealer reduced by almost 20%. I was already feeling a bit lonely as I would only buy watches at listern price or below.
good info...have u fully recovered?
Would love a video on why the bubble is gone. You could even compare it to the pre-2008 financial crash bubble. Love your videos
Oh this crash is already happening. It’s gonna be so bad and people are so blind to it! Especially in America! We got sold out and betrayed! Good luck!!
Great video, yes do video of the watch market is detail. It would be fun. Thanks and have a wonderful day.
Well said. I don't want to buy over retail even if I'm having the money. Retail price ... I have to think hard about it. Under retail price I will buy in a heartbeat. Amazing video 😊
I hope you are right. Ive been waiting to purchases a specific AP but will not pay over retail. I love what you said luxury vs need. 100% agree
Yay,, the singing! You know I always love that.
But great video, too, of course. Great topic.
great video...i agree watches will come down as we are getting back to normal. Many flippers will get burned as they are holding these watches hoping prices will go up. My Ad said they will have more rolex coming in soon and that means all others Ad will too.
Definitely feel like I’m seeing the prices significantly down on group chats/grey market dealers I follow. Exciting times for watch fans who felt priced out the last 2/3 years.
I see the GMT Master Steel Models already increase again in price? Do you see that different?
Fantastic video, greetings from Spain
The only Omega I've every paid full retail for was the Snoopy 45th and 50th. All other Omega's I've purchased at a discount from the AD
How many watches have ypu bought previously in order to be offered the 45 and 50 at retail ?
Got my Snoopy recently. Bought NTTD, Speedy 57 amd AT 38. Also bought from same OB, the Speedy Tuesday few years back. But, all 4 purchases were something I want, not to build purchase history. Maybe partly as I couldve bigger discounts at AD.
For the 45th I had only purchased 1 watch prior but nobody knew that watch was going to be so hard to get. I purchased a couple more watches prior to acquiring the 50th @@michaelbishop9157
Everyone knows this was just a fad, sooner or later this would be over and things will go back to normal. Those ADs will be sorry for playing games, and treating long time collectors so badly now the dust has settled.
Great vid. No idea how you avoided knocking that glass of water over! 😂😂 Well played!
That emergency landing of an AP though 😂
Really lovely content. Well-researched, fact-based and presented in a fun, approachable manner! You've earned a new subscriber! Would LOVE to see a video on why you think the watch bubble isn't coming back.
Also, honest question - how did you have a good established relationship with your Patek AD before your husband even went to get his first Patek? Had you yourself purchased many from them in the past?
Watch bubble is resetting and its unsustainable for the ridiculous price to be artificially inflated.
Excellent video!
I luckily never got into investing into higher priced watches as I never wanted to pay that much money in the first place. Also, having to pay mortgage and having a family with two kids, the extra money never was there to spend on luxuries. I bought a SKX007, a SARB033, a Casio A168WG and called it a day. Yes, I still enjoy to look at all kinds of watches and I can see the appeal of certain high end pieces, but I would rather have a nice vacation with my loved ones.
Business goes in cycles - boom and bust. With stock market booming, don’t be surprised if prices eek up again
Omega in Australia has a consistent 10%-15% discount year round.
WoS had a lot of Omegas on sale in Jan at large discounts.
I remember being offered the no time to die seamaster for 15% off retail in 2020. You can get that discount now for the NATO version.
Primary prices have jumped to high for omega/JLC etc. the Polaris is now a 10k watch! I remember when it was £6,800 in 2020. That’s an insane jump for nothing extra
Absolutely agree! I have been collecting watches for almost 20 years. I am sure those hype watches will at some point come back to retail prices. In 5 years? 10 years? That's OK, I will buy them then. In the meantime there are plenty of amazing watches to spend my money on (and to be honest, get more horology and luxury experience for the price).
There have to be some kind of market saturation for the ones that buy watches to wear them without any selling intentions. I like watches that normal working person can buy (sub 3k) and there were a lot of great releases in the last few years. We also got over upsizing watches trend so there are more options than the most expensive brands on sub 38mm watches.
Britt, when’s your review on the longines super compressor coming out ?!
Glad I flipped all my higher end watches a year or so ago. I don't miss any of them.
Ive had more pleasure from my cwc vintage issue divers (quartz most of them I'd add) and a g shock mudmaster, than I ever had for rolex, AP, Patek and a couple others.
Ive kept a BB58 of course....and a couple Brosnan sea masters.
I’ve recently bought a zenith skeleton, from a ad with a 1700 discount, from 9700 to 8000 👌
That’s crazy
Was offered the same discount for zenith.
I bought a Zenith defy primero 21 for 8100 euro