Been watching your videos for a while now and was inspired to start a collection. Started with the AMZWATCH, its specs for price and clean looks, now am looking for a dress watch to add.
Given that people who get a Daytona can double their money when leaving the shop, overall, Rolex seem to have been fairly reasonable. Whilst gold may have risen in price, demand for gold watches has diminished. With secondary prices lower, makes you wonder if discounts on gold Rolex will appear, despite commodity prices.
You beat me to it. Since I hate flippers I’d love to see Rolex raise the Explorer II, Sub, GMT, Daytona (aka all the popular steel models) prices to make flipping unprofitable. And yeah, not even safe to walk the streets in many EU and North American cities with a Rolex on and the gold ones really stick out. And there are no signs the politicians are going to do anything about it.
My favorite 2024 is the Prospex Limited Edition 1965 Recreation European Exclusive in Gradation Island Blue. The dial is stunning and the contrast when on a white strap is to die for. I will get my hands on one from MAMACOO
You also have to look at Swiss franc exchange rate. It has appreciated 6-7% since 2020. So revenue made in UK is worth less today. Inflation and currency adjusted Rolex prices are lower than they should be by a few percentage points.
I tried buying a Rolex Everose gold GMTII today and they wanted full retail. Sign to me that they’re still not getting a lot of inventory. I see them online for around $36,000 so waiting for a reliable seller to hook me up. I feel the longer I wait, the lower they’ll go for the foreseeable future.
Why blame Rolex? Only the idiot that pays these prices is to blame. There is absolutely no monopoly in the watch industry as there are so many choices at every price level. Rolex is only matching their prices to the stupidity of their audience. Don't blame them.
Agreed, they're trying it on, and getting away with it, because all the sheep flock to Rolex when they're are clearly superior watches available usually costing less
@@Stona999 I don’t think people paying Rolex prices are idiots, compared to most other luxury products Rolex is a shrewd choice at retail. I recently bought a Tiffany bracelet on eBay with authenticity retail £11300 it cost me £3550 the seller took a serious hit.
@@jamessmith-on3jf I'm not talking about retail, I'm talking about the secondary market prices, which is the crux of this video. Paying $25-$30k for a slightly used Dayton is dumb. Until that stops, there's zero reason for a Rolex AD to sell you a Datona at $15k retail when they can sell it to their grey market contacts for $20k.
You can negotiate on gold pieces with your AD now. Easily bundle in a steel model. Aside from the brand new dials, they are all selling at list or under.
I bought a 2012 deepsea for £7899 great condition and I love it and can stop wearing it I doubt it will go down much but do I care.... no I bought it to wear not to hide away in a box and hope it goes up in value
beautiful piece! which dial? And they’re actually quite rare to find on wrists because they’re not the most popular line, so congrats for going for something a little different
@@Danny1282 exactly. And great watch. The fact that a Rolex doesn’t drop 25% - like a car you drive 1 blk off the lot - is nice. But I’m wearing mine and will give them to friends or relatives when my time is up.
I think it is wrong to use inflation as a reason for Rolex price increase. Inflation is average yearly increase of retail prices, like sugar, oil, bread milk. Rolex is a luxury, hence doesn't have anything to do with inflation. Reason for Rolex yearly price hike is just greed. It also helps to push prices for the old watches high, since new models are every year more and more expensive.
@@vinnyfranciswatches You actually said in 2020 a smooth DJ41 on oyster cost £6450 at retail, (fact is the retail price for this watch in 2022 was £6350. I actually bought 3 126300s on oyster a black dial in Feb blue button April (my daily wear) and mint green in July each one cost me £6350, if you're correct? that represents a £100 price reduction from 2020-2022. Vinny I think you have got this price detail wrong. Enjoy your good honest realistic channel cheers Jim.
Hi Vinny, I hope you & all your family are all keeping healthy & positive 🙏 another great video as always I will look forward to watching your next video? Can I ask for your opinion I am wanting to purchase a brand new Rolex submarine, Starbucks, with all the box tags. What would be a fair price for me to ask on the grey market I will look forward to hearing from you best wishes
Are the US prices you listed plus tax, since they generally add tax onto the price of goods, whereas the UK prices include VAT? On the subject of taxes, I found an AD abroad with over 110 pieces in stock and ready to buy, including various platinum Day-Date pieces and full yellow gold pieces. The VAT saving on the full gold pieces was around £5000.
The yellow/rose gold pieces, or with fluted bezels maybe. But trust me, no one else other than watch lovers recognise rolexes. So no they aren’t flashy. Unless you go around announcing what you’re wearing
@@NogoalRob you took ‘flashy’ too literally. Even non watch people know Rolexes are expensive. That’s the ‘flash’ - someone is able to afford a very expensive watch. Thieves know how much they’re worth; so do golddiggers.
Been watching your videos for a while now and was inspired to start a collection. Started with the AMZWATCH, its specs for price and clean looks, now am looking for a dress watch to add.
Best pound for pound baseline presentation. Thx
Thanks a lot for your kind comment and support, all the best!
Very well put together video, keep up the great work brother
Much appreciated thanks for your kind words of support, take care!
I’m watching this on the toilet, thanks 🙏
Hahaha Id be lying if i said i’d never done before either, though 14 minutes even for a number 2 is a long sitting😂
@@vinnyfranciswatcheshe is on the clock probably
Given that people who get a Daytona can double their money when leaving the shop, overall, Rolex seem to have been fairly reasonable. Whilst gold may have risen in price, demand for gold watches has diminished. With secondary prices lower, makes you wonder if discounts on gold Rolex will appear, despite commodity prices.
You beat me to it. Since I hate flippers I’d love to see Rolex raise the Explorer II, Sub, GMT, Daytona (aka all the popular steel models) prices to make flipping unprofitable.
And yeah, not even safe to walk the streets in many EU and North American cities with a Rolex on and the gold ones really stick out. And there are no signs the politicians are going to do anything about it.
$7000 for a shit OP is ridiculous enjoy your assembly line watches with no soul
@@Greysprunkiyaythey only make 200 a year
Agreed
My favorite 2024 is the Prospex Limited Edition 1965 Recreation European Exclusive in Gradation Island Blue. The dial is stunning and the contrast when on a white strap is to die for. I will get my hands on one from MAMACOO
You also have to look at Swiss franc exchange rate. It has appreciated 6-7% since 2020. So revenue made in UK is worth less today. Inflation and currency adjusted Rolex prices are lower than they should be by a few percentage points.
I tried buying a Rolex Everose gold GMTII today and they wanted full retail. Sign to me that they’re still not getting a lot of inventory. I see them online for around $36,000 so waiting for a reliable seller to hook me up. I feel the longer I wait, the lower they’ll go for the foreseeable future.
Great data. Very informative. Thanks a bunch.
Glad you enjoyed it! thanks
IMHO you should also compare prices from the 5, 10, 15, 20, 25 years points. Make it more fun to chart inflation 😉
Vinny, another great data dive. Keep them coming. The AP, PP, JLC and Vacheron data would be interesting too.
Great content as usual.
Why blame Rolex? Only the idiot that pays these prices is to blame. There is absolutely no monopoly in the watch industry as there are so many choices at every price level. Rolex is only matching their prices to the stupidity of their audience. Don't blame them.
Agreed, they're trying it on, and getting away with it, because all the sheep flock to Rolex when they're are clearly superior watches available usually costing less
@@Stona999 I don’t think people paying Rolex prices are idiots, compared to most other luxury products Rolex is a shrewd choice at retail. I recently bought a Tiffany bracelet on eBay with authenticity retail £11300 it cost me £3550 the seller took a serious hit.
@@jamessmith-on3jf I'm not talking about retail, I'm talking about the secondary market prices, which is the crux of this video. Paying $25-$30k for a slightly used Dayton is dumb. Until that stops, there's zero reason for a Rolex AD to sell you a Datona at $15k retail when they can sell it to their grey market contacts for $20k.
@@Stona999 I wouldn't have thought many people would pay more than retail considering prices are still dropping and risking getting a fake.
@@jamessmith-on3jf but he’s right, they are. Some models have cooled but the steel Daytonas (fairly new) are still around double list.
You can negotiate on gold pieces with your AD now. Easily bundle in a steel model. Aside from the brand new dials, they are all selling at list or under.
How much do you think you can negotiate on a 126618LB these days? 5 - 10 %?
The repeated hiking of prices, is caused to almost eliminate the grey market. I said this would happen years ago.
Yep this is quite true, keep more of the larger margins for themselves, why should greys make more from their work?
@@vinnyfranciswatches exactly, their toy, their rules.
I bought a 2012 deepsea for £7899 great condition and I love it and can stop wearing it I doubt it will go down much but do I care.... no I bought it to wear not to hide away in a box and hope it goes up in value
beautiful piece! which dial? And they’re actually quite rare to find on wrists because they’re not the most popular line, so congrats for going for something a little different
@@Danny1282 exactly. And great watch. The fact that a Rolex doesn’t drop 25% - like a car you drive 1 blk off the lot - is nice. But I’m wearing mine and will give them to friends or relatives when my time is up.
I think it is wrong to use inflation as a reason for Rolex price increase. Inflation is average yearly increase of retail prices, like sugar, oil, bread milk. Rolex is a luxury, hence doesn't have anything to do with inflation. Reason for Rolex yearly price hike is just greed. It also helps to push prices for the old watches high, since new models are every year more and more expensive.
Gold prices have increased and yes the the rolex prices are rather high.
Aren't MSRP prices in the US much lower, because they don't factor in sales tax?
Thats interesting I Bought a black blue and mint green dial DJ41in 2022 they all cost £6350, I didn't know rolex had reduced their prices.
dj41 smooth bezel, oyster bracelet is £7100 now, what are you talking about?
@@vinnyfranciswatches You actually said in 2020 a smooth DJ41 on oyster cost £6450 at retail, (fact is the retail price for this watch in 2022 was £6350. I actually bought 3 126300s on oyster a black dial in Feb blue button April (my daily wear) and mint green in July each one cost me £6350, if you're correct? that represents a £100 price reduction from 2020-2022. Vinny I think you have got this price detail wrong. Enjoy your good honest realistic channel cheers Jim.
that’s information as per the website, which ive checked again and the price is £7100 today
I thought you had more integrity than most of the other grey market dealers on you tube? Not admitting your wrong is not a good look.
in USA you have to add ~10% tax which is not listed on their website.
it varies from state to state does it not?
@@vinnyfranciswatches yeah that's why I put "~" approx 10% as an approximate value, it could be between 8 to 12 %
Discounting is in the way for all models except submariner and daytona😊
Rubbish!
@@David-yd6ur Ok professor
11 series daytona forever!
Upvoted.
Hi
Vinny, I hope you & all your family are all keeping healthy & positive 🙏 another great video as always I will look forward to watching your next video? Can I ask for your opinion I am wanting to purchase a brand new Rolex submarine, Starbucks, with all the box tags. What would be a fair price for me to ask on the grey market I will look forward to hearing from you best wishes
Are the US prices you listed plus tax, since they generally add tax onto the price of goods, whereas the UK prices include VAT? On the subject of taxes, I found an AD abroad with over 110 pieces in stock and ready to buy, including various platinum Day-Date pieces and full yellow gold pieces. The VAT saving on the full gold pieces was around £5000.
sure, that varies depending on State though of course
TH-cam’s new ad regime 30sec of pre ads. Nah no thanks
Only a vulgarian would wear a 40mm day date. 36mm is the gent's size.
Every mother lover has one of these. They are just a "look at me", flashy thing to own. Crazy anyone would pay these prices.
All stainless steel Submariners are not flashy! The GMT stainless barely has any shine and due to the polish center links in the bracelet.
The yellow/rose gold pieces, or with fluted bezels maybe. But trust me, no one else other than watch lovers recognise rolexes. So no they aren’t flashy. Unless you go around announcing what you’re wearing
I do not love my Mother and I have a Rolex or two.
@@NogoalRob you took ‘flashy’ too literally. Even non watch people know Rolexes are expensive. That’s the ‘flash’ - someone is able to afford a very expensive watch. Thieves know how much they’re worth; so do golddiggers.
Rawlex
Really tired of hearing about the Rolex Pepsi in EVERY Rolex video.
it’s not mentioned in every video on this channel I can assure you
You need to block out the figures you have not reached yet. I can’t help but look and it ruins the video after that.
😂
New friend here sending may full suppor MAMACOO 's watch，Worth