He didn’t get lowballed, he tried to polish the watch himself and lied when asked about it, not only did he polish but he polished the whole watch when some of it is supposed to be brushed. It’s going to cost a min of £200 to right that wrong which is what he took off the £6500
@@blave8730 The fact that he said straight after that it has had very little wrist time eludes to the fact that he inferred it had never been polished by anyone, not just by him.
First of all, I think it is a situation thing. How does the customer react during the conversation. We don't know the expression of the customer and we weren't in the room. When you are trading and bidding and make a small concession as a shop owner, you ask something in return. I think it is not an example of looking down on a customer.
😂 the fink price offered is ok for them maybe see his face anyone would give 6500 for it these people are bandits like bet this comment is deleted by them
🤣 “needs a polish” everytime Once you bought it you can do what you like with it, the customer selling shouldn’t be paying for it, customer buying it should pay that You boys clipping both ends 😂
they've got to get it for the right price, if they have to put x amount in the watch to make their margins they're more than within their right to offer what they want to offer, some places may not buy the watch if it needs work but at least these guys give the courtesy to explain what needs doing to it and why the offer may not be what is expected. They're working in a grey market in which prices change constantly, if they aren't careful they can get burned.
If you bought ten apples for £1 each, and sold them for £1.50, that's 50p you make on each apple. If you then went to buy another ten apples but the price of apples you could sell quickly enough not to hinder your business now cost you £1.10, would you just swallow that extra cost and only make 40p on each one, or would you pass it onto the customers and charge £1.60 to maintain the same level of profit? They're a business, not a charity. If you don't like the price, don't sell to them.
It had an incorrect polish, not just a polish. It's even stated in the video "it's chrome where it should be brushed". I hate to sound like I'm all about defending these lot, but if you're going to criticise them, at least have a legitimate critique.
All of them are awkward sales patter is condescending to the buyer … they need to look at the other grey dealers on here … North Yorkshire and London those guys are the levels not big time Geordies
Offered him 6300-6500 the week before and gets pissed that the customer stuck at 6500? Probably sell that for 8500-9000 as it is. These guys are becoming like Rick from Pawn Stars.
It's business. I'm sure everyone selling them a watch knows what they could get by having it on chrono 24 for 8 months. Some people don't want that hassle. It's also a business. But judging by your comment I am guessing you don't know how businesses make money.
Whenever a customer is selling a watch you tell them you have to spend £200 getting the watch polished to get it in saleable condition. Yet with 20+ year old watches people want unpolished! So you are going round polishing watches which 20 years from now people would prefer to be unpolished! Why not offer the buyer the option to have it polished when they purchase it?
Your not selling a 2004 16610 for a £11k are you, these watches are all trading for approximately £5-6k trade and always need money pumped in to them, service, polish or crystal and retail for £7950-£8450 tops.
I've no dog in this fight but reckon you've probably never tried to run a business. They've got VAT, a warranty and refurb cost to consider, plus the risk that there's an underlying issue with the watch, and that's before you get to overhead. Yes, the customer may be able to get more selling privately, in which case do it. But most don't want the hassle, which is why they sell to the trade.
Sell your watches into Rolex CPO , you’d get more than £6300 for that sub and if you wanted to part exchange you’d know you weren’t getting a Frankenstein or badly polished example.
This is how almost all watch dealers get their money actually, low balling naive/stupido clients. This is true face of this business, luxiury bazarro and other companies just put on video generous offers to look good and attract more naive/stupido clients for low ball them?
you cant really buy a 16610 in good condition for under £8000 retail. Last year they were going for as much as £10,750 in some places. I think £6300 is a bit low of an offer. They could easily get that back to the brushed finish within an hour on the buffing wheel. I bet these guys would like to buy if for £6300 and sell it for £8995
Seems to be a lot of negativity towards these guys lately, they are trying to get by in a difficult market, some of the offers are low, yes, but thats the market. If you are selling a watch to the trade today, you are going to take a hit compared to even 6 months ago. Its similar to used cars, my BMW M2 competition was at £35K in August '23, i have just sold it for £28k, is that low, no, its the market price in a volatile market
I'm seeing a lot of very unfair comments this week. It's as if people think you guys are a charity and that profit isn't allowed. Presming they have jobs i wonder if the firms they work for give their products away at the minimum possible level!!!
What is the value added, seems like we only pay for their unique egos, whilst the AD sending their watches over via the back door we get a double whammy
I quite liked the stand offs on pricing, shows how tight the market is. True reflection on the day to day I’m sure Better to buy no stock if the margins not there 👌🏻
Love these weekly episodes. Laying in a deco chamber with my mate & bell partner Gary telling him about these Geordie lads on TH-cam (he’s a Geordie) apparently he lives near you guys 😂😂😂😂 small world
I like that these guys are open about the trade buy prices. Yes of course they need a margin, no different to cars etc. much more transparent than any car dealers i see tho.
WT usually responds to comments on here. The fact this video hasn’t been well received and they haven’t replied to comments doesn’t look great. Big fan of the channel, but take the feedback and acknowledge I’d say!
Great viewing but not sure if polishing every watch to make it more attractive to buyers is the best policy.. it may make it more saleable but most purists frown on this practice.. you even value polished watches less yourselves because they’ve been polished but then you do the same thing - are you not devaluing watches as well as selling them ??
That’s an ugly watch anyway … tell the guy to go sell it on Chrono & absorb the shipping costs. He’s staring at 6,000 of your local little island currency tops.
Seeing the clasp scratch up the caseback and then seeing the watch being handwound at light speed made me cringe really hard. “Like new” is an overstatement when the watch has just been scratched on the caseback.
Your channel is really fun to watch. And please, don’t waste your precious time with all these comments. If one likes to buy a watch , he or she should walk into your shop and get a great piece. I would ignore these timewasters. 😊😊😊😊🇩🇪
81 year old new to having an interest in Rolex's. Trying to learn what would be the best style for my son and my grandson when he graduates from college. This channel is excellent and I do not agree with the commentors. Business is business. Watchmaker is business to make a profit and the seller is looking to sell for as much as possible. That is what negotiations are all about. Nothing personal.
It all depends on your budget but many of the Rolex watches in their catalogue are starting to become available at the Authorised Dealer. I'd go along to your local one and introduce yourself, explain what you are looking for and what time frame and see if they have any suggestions. As a minimum you should start to get a pretty good idea as to what you want and its availability. But, before you pull the trigger check prices on the grey market. Some of these are now under retail. Keep in the back of your mind the difference between what you pay on the grey-market and what you would expect back is ~ 20%. Good Luck
If it's a present you'll probably want to go for something all steel and versatile so they can wear it as often as possible. An Explorer I isn't too hard to get from the AD and isn't too much more expensive on the grey market either. Another classic option is a Datejust with a jubilee bracelet/fluted bezel in a more neutral dial colour like Black, Blue, or White. If you really want to push for something more "special" then a Submariner or GMT is your best bet. Everything other than that is either probably too expensive to wear all the time and not be concerned about, or too flashy/dressy to be able to wear easily on any occasion. Happy hunting, sounds like a lovely idea you're planning. All the best!
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Customer.. I’ve got a Brand New 2024, 24th of March Rolex Daytona fully stickers ..
Jon … Let’s have a look 👀.. I think it needs a polish fella 😂..
Fair play to the first sub customer sticking to his guns and not getting lowballed
He didn’t get lowballed, he tried to polish the watch himself and lied when asked about it, not only did he polish but he polished the whole watch when some of it is supposed to be brushed. It’s going to cost a min of £200 to right that wrong which is what he took off the £6500
It’s not a lowball offer imho, it’s todays market value 🫠
@@ragetobe all he said was he didn't polish it, how does that make him a liar? He could have bought it used and the previous owner polished it.
😅@@Liztrusslover
@@blave8730 The fact that he said straight after that it has had very little wrist time eludes to the fact that he inferred it had never been polished by anyone, not just by him.
That wasnt the best episode lads. Quite a few awkward exchanges and it didn't paint you in the best light
On the contrary, more respect to them. They are honest and at the end of the day, it's business and they are paying dealer prices.
Are u just looking for sanitised stage managed content?? I think it was a great upload...
It was a great episode.
Are you a returning customer…..!!….yous starting to act like a Rolex AD now boys …? …..Reign it in.
I thought the same thing, but they aren’t usually like that so maybe an off day lol
All the sales guys look down on the customers all very awkward
First of all, I think it is a situation thing. How does the customer react during the conversation. We don't know the expression of the customer and we weren't in the room. When you are trading and bidding and make a small concession as a shop owner, you ask something in return. I think it is not an example of looking down on a customer.
@@st.o.681 you make no sense whatsoever……blah……blah…..blah
Can't anyone translate?
What’s going on? £6300 offer for the sub and got arsey because the customer wouldn’t accept less than £6500 😟
Watch market is down
I would have given him £6500..they full of sh!t on the cost of polish, it costs them under £50
😂 the fink price offered is ok for them maybe see his face anyone would give 6500 for it these people are bandits like bet this comment is deleted by them
Jon was going to low ball him for polishing it and then low balled him anyway for not polishing it 😂
Scum ain't they
🤣 “needs a polish” everytime
Once you bought it you can do what you like with it, the customer selling shouldn’t be paying for it, customer buying it should pay that
You boys clipping both ends 😂
You don't really understand business do you
they've got to get it for the right price, if they have to put x amount in the watch to make their margins they're more than within their right to offer what they want to offer, some places may not buy the watch if it needs work but at least these guys give the courtesy to explain what needs doing to it and why the offer may not be what is expected.
They're working in a grey market in which prices change constantly, if they aren't careful they can get burned.
If you bought ten apples for £1 each, and sold them for £1.50, that's 50p you make on each apple. If you then went to buy another ten apples but the price of apples you could sell quickly enough not to hinder your business now cost you £1.10, would you just swallow that extra cost and only make 40p on each one, or would you pass it onto the customers and charge £1.60 to maintain the same level of profit? They're a business, not a charity. If you don't like the price, don't sell to them.
1st watch - "It's been polished - oh dear....." 2nd watch - "It needs a polish....." Come on guys.....
It had an incorrect polish, not just a polish. It's even stated in the video "it's chrome where it should be brushed". I hate to sound like I'm all about defending these lot, but if you're going to criticise them, at least have a legitimate critique.
It's every video, not just this one...
Not a fan of Jon
All of them are awkward sales patter is condescending to the buyer … they need to look at the other grey dealers on here … North Yorkshire and London those guys are the levels not big time Geordies
Brendan Boswell mark 2
lol 😂
He did not like being told no, shook…..
Offered him 6300-6500 the week before and gets pissed that the customer stuck at 6500? Probably sell that for 8500-9000 as it is. These guys are becoming like Rick from Pawn Stars.
They always have been its just more noticeable now the good times are over and they're going down the pan!
Rick -the original Lowball King.
It was badly polished so…
Doors closed here in 2025 ppl are getting onto them now they are on the channel and ppl can see what they pay compared too what they sell at
It's business. I'm sure everyone selling them a watch knows what they could get by having it on chrono 24 for 8 months. Some people don't want that hassle. It's also a business. But judging by your comment I am guessing you don't know how businesses make money.
At those prices I would be expecting a personal polish from Jon
😂😂
Lol 😁
Day-date give customer £20k (at a push) then retail it at £28,995. Good margin lads
Mr Jon "Needs a polish"
Honeslty, only Josh has decent customer service skills. Jon and the other guy are just muggers
Oh dear its been polished. Nothing a good polish wont fix 😂
Whenever a customer is selling a watch you tell them you have to spend £200 getting the watch polished to get it in saleable condition. Yet with 20+ year old watches people want unpolished! So you are going round polishing watches which 20 years from now people would prefer to be unpolished! Why not offer the buyer the option to have it polished when they purchase it?
You don't sell it to dealer you will be lowballed sell it private
Love your vids Brendan.
Jesus paying 6300 pounds then turning around and selling it for 11000 pounds, the margins on these watches are insane.
Your not selling a 2004 16610 for a £11k are you, these watches are all trading for approximately £5-6k trade and always need money pumped in to them, service, polish or crystal and retail for £7950-£8450 tops.
@@Liztrusslover You're...
I love all the business pros in the comment section. Monday quarterbacks.
Has someone pressed the self destruct button lately? £8.5k for a JC, £6300 for a sub. Even Dick Turpin had the decency to wear a mask!
I've no dog in this fight but reckon you've probably never tried to run a business. They've got VAT, a warranty and refurb cost to consider, plus the risk that there's an underlying issue with the watch, and that's before you get to overhead. Yes, the customer may be able to get more selling privately, in which case do it. But most don't want the hassle, which is why they sell to the trade.
@@streetwisejohn8763 Wrong. I have my own Electrical Contracting businesses with more employees than them. 35 years trading this year.
@@streetwisejohn8763 wrong. I have my own electrical contracting business with more employees than these. Trading 35 years now.
😂
@@streetwisejohn8763 how odd that my reply keeps being deleted!
Explorer 40 are currently selling for £7,500 so that's a stretch on the budget!!!
Brendan nailed it!
Could have taken the £200 out of the 3k they mark up on every watch! Jon just threw 2800 quid away 🤦♂️
Greedy I’m afraid
Spot on @@stevecox6286
Sell your watches into Rolex CPO , you’d get more than £6300 for that sub and if you wanted to part exchange you’d know you weren’t getting a Frankenstein or badly polished example.
This is how almost all watch dealers get their money actually, low balling naive/stupido clients. This is true face of this business, luxiury bazarro and other companies just put on video generous offers to look good and attract more naive/stupido clients for low ball them?
I’d given him £6500 for that sub assuming it’s has box and papers
Is that ok? NO!! 😂😂 & it was good to see Jack honour the offer for the Gold Rolex!
you cant really buy a 16610 in good condition for under £8000 retail. Last year they were going for as much as £10,750 in some places. I think £6300 is a bit low of an offer. They could easily get that back to the brushed finish within an hour on the buffing wheel. I bet these guys would like to buy if for £6300 and sell it for £8995
Not sure why you turned down a deal over £200 when you would of sold the watch in less than a week
So...i can knock £200 off a watch you are selling if i think the watch needs polished. Thx Watchtrader.
Check out the polishing videos on our channel. Thanks for watching
Seems to be a lot of negativity towards these guys lately, they are trying to get by in a difficult market, some of the offers are low, yes, but thats the market. If you are selling a watch to the trade today, you are going to take a hit compared to even 6 months ago. Its similar to used cars, my BMW M2 competition was at £35K in August '23, i have just sold it for £28k, is that low, no, its the market price in a volatile market
Allt of dealers still taking the piss. Low-balling customers and marking up profits
Keep that kid behind the camera
What a channel man lads, tickles me bolocks every time i watch it….. cant wait to see how jon tries to sell my YM2 in 2046.
All the arm chair watch dealers here are hilarious
@BrendanBoswell - a lot of source material for you in this video 😂
I'm seeing a lot of very unfair comments this week. It's as if people think you guys are a charity and that profit isn't allowed. Presming they have jobs i wonder if the firms they work for give their products away at the minimum possible level!!!
What is the value added, seems like we only pay for their unique egos, whilst the AD sending their watches over via the back door we get a double whammy
A bi-metal Rolex is only a dress watches in a Burger King
Need to keep Jon in the back, he cant speak properly and has the words NEEDS A POLISH tip of the tongue.
I quite liked the stand offs on pricing, shows how tight the market is. True reflection on the day to day I’m sure
Better to buy no stock if the margins not there 👌🏻
Love these weekly episodes. Laying in a deco chamber with my mate & bell partner Gary telling him about these Geordie lads on TH-cam (he’s a Geordie) apparently he lives near you guys 😂😂😂😂 small world
Glad to hear it. Thanks for tuning in a spreading the word!
So DLC is a company name for PVD right. They are both PVD.
Low Ball Trade United. And they are proud of it apparently. Haha!
I like that these guys are open about the trade buy prices. Yes of course they need a margin, no different to cars etc. much more transparent than any car dealers i see tho.
Hugely entertaining as always , a quick question is Josh moonlighting as Kaycie in Yellowstone ?
Cant believe they put this episode out, not a good look.
I didn’t realize Sir Sean Connery worked as a watch dealer
Bring back longer episodes
WT usually responds to comments on here. The fact this video hasn’t been well received and they haven’t replied to comments doesn’t look great. Big fan of the channel, but take the feedback and acknowledge I’d say!
Great viewing but not sure if polishing every watch to make it more attractive to buyers is the best policy.. it may make it more saleable but most purists frown on this practice.. you even value polished watches less yourselves because they’ve been polished but then you do the same thing - are you not devaluing watches as well as selling them ??
Rolex is boring. Especially Submariner.
That’s an ugly watch anyway … tell the guy to go sell it on Chrono & absorb the shipping costs. He’s staring at 6,000 of your local little island currency tops.
Seeing the clasp scratch up the caseback and then seeing the watch being handwound at light speed made me cringe really hard. “Like new” is an overstatement when the watch has just been scratched on the caseback.
Cheers for the video lads!
Thanks for tuning in!
Ill buy that sub right this second. help a customer out and i get to rip a rolex at an amazing price. connect us please!!!!
Hi guys,
I heard down the grapevine that your moving shops to gosforth high street, is it true :)
Everything always needs a polished 😂
17:08 Nice! That era of SeaDwellers don’t get enough love! I have a 16600 from 2006, way better than a sub! 😂
They’re a great size and interesting option without the cyclops
Those old bracelets on the vintage Rolex are so nasty, the new bracelets are brilliant, ie:the sub 126610ln
20,000.00 on the Day Date was good and right.
I can’t warm to Jon either!
Where is Stuart
What’s the what’s app group ?
Link is below the timelines
BANG
Your channel is really fun to watch. And please, don’t waste your precious time with all these comments. If one likes to buy a watch , he or she should walk into your shop and get a great piece. I would ignore these timewasters. 😊😊😊😊🇩🇪
Some of them Rolex bracelets sound really nasty and cheap
81 year old new to having an interest in Rolex's. Trying to learn what would be the best style for my son and my grandson when he graduates from college. This channel is excellent and I do not agree with the commentors. Business is business. Watchmaker is business to make a profit and the seller is looking to sell for as much as possible. That is what negotiations are all about. Nothing personal.
It all depends on your budget but many of the Rolex watches in their catalogue are starting to become available at the Authorised Dealer. I'd go along to your local one and introduce yourself, explain what you are looking for and what time frame and see if they have any suggestions. As a minimum you should start to get a pretty good idea as to what you want and its availability. But, before you pull the trigger check prices on the grey market. Some of these are now under retail. Keep in the back of your mind the difference between what you pay on the grey-market and what you would expect back is ~ 20%. Good Luck
If it's a present you'll probably want to go for something all steel and versatile so they can wear it as often as possible. An Explorer I isn't too hard to get from the AD and isn't too much more expensive on the grey market either. Another classic option is a Datejust with a jubilee bracelet/fluted bezel in a more neutral dial colour like Black, Blue, or White. If you really want to push for something more "special" then a Submariner or GMT is your best bet. Everything other than that is either probably too expensive to wear all the time and not be concerned about, or too flashy/dressy to be able to wear easily on any occasion. Happy hunting, sounds like a lovely idea you're planning. All the best!
Go to your high street store, sit down and tell them your intentions am sure they will help you.
"unworn condition", would it not be better just to say, "used but repolished"
If it was unworn it wouldn't have needed polishing