I think also the recession will play a big part in the prices of hot watches in 2020. I think that outside of Rolex, Patek and AP, we will see cheap cheap prices for watches like Panerai, Breitling and IWC. In your opinion, when would be the best time to buy a watch? Oct-Nov before the Christmas and holidays shopping or Jan-Feb after the frenzy has passed?
I started collecting watches 10 years ago, mostly vintage Seiko. I stopped collecting vintage Seiko last year because the prices were getting crazy. That's just Seiko, Rolex is mad! This year I've been buying more high end pieces. Bought myself a Tudor black bay steel, vintage Omega Cal 1040 yachting chronograph and a couple of weeks ago a Omega master coaxial 300. I bought these because I loved them, not because I wanted to make a profit. This seems to be the motivation for most so called watch collectors. The watch investors are to blame for the price rises, not the collectors. We are in it for the enjoyment of watches.
I agree, I got "Jumped On" when I said the same thing. Rolex were trying to deliberately make their pieces "Exclusive" by limiting supply so they could take down Patek as number 1. It's come back to bite them big time. A lot of people who overpaid for Rolex recently will end up with a big hole in their pockets.
I agree, the prices that Rolexes are reselling for now are super inflated; but as long as you're not paying over retail (for stainless steel sports models) I think Rolex is still a safer bet than the brands he mentioned. That's if you're concerned about resale value. Otherwise just buy what you want and keep it. IWC? Panerai? Those brands are weak.
I don't know about abroad but into the U.K. the used and grey market dealers are certainly pulling back. They are refusing to pay the ridiculous prices the flippers are asking. The flippers have created the situation whereby everyone wants full market, or very close to, prices for whatever they are selling. Flippers have no expenses, including taxes! Dealers can't survive with the margins that flippers are happy to force them to take. Let the greedy swines sell on the open market and deal with all the scammers. After all the PayPal chargebacks and bank transfer tricks not to mention outright thefts they will make nothing in comparison to selling to dealers at a fair price.
Rolex is a Big money item, not for the financially weak dealers. If the dealers don't buy Rolex now, they won't make any money , come the holidays . Observe how the prices rise come Nov. and Dec.
Carlos I've been doing this for a while and I can tell you come November it will only be a new excuse in why there not selling, and your right Rolex is for big money dealers I can't fathom the idea of having 100k investment for 5k profit
Very well said. The joy is the hobby of watch collecting - varying and interesting different kinds of watches - not just one or two high horology status brands. 👍
I really want to buy old Pepsi GMT, I saw an ad from dealer for 8k in April, and now same dealer selling at 9.5k, already more expensive then the new pepsi. How can customer afford that....with box and paper at 11k
Yes, good deals on other brands... but Rolex is Rolex... fact is it is the coolest brand out there... and there are plenty fair priced rolex in the second hand and vintage market out there... so what if the there are waiting lists on certain sports models, when there is plenty other models/references available at close to list price (ie airking, djs, mailgauss, sub etc)... some models are even under list(precious metals)... I dont understand the hate... Rolex is never going to be mass produced as its not owned by a umbrella corporation like most other brands...
the old days were much better...you came into a shop and all watches were there..not only that you could try them but also compare them to each other if youre not sure wich one you want more...nowadays I have to wait seeing all this watches on other people first in real to see how they really look, and I still dont have the change to compare then next to each other☝️
I really like the Rolex hype because i was able to pick up some nice omegas for good price. But what i am seeing now, the dealers pumped up the prices and the hype to make more money and now crying there is not enough profit.So everybody should turn to other brands ,because they want to make more money with less work.Aham.
Here in Israel everyone is buying Rolex from dealers, it's crazy all i hear about is people buying nothing but Rolex. I know soooo many young men who can barely afford a nice car or any type of luxury that fell into the hype and in a couple years to come i see a huge crash in prices where all those dumb losers will be trying to get rid of them, anyone who knows a little about economy can feel that this is a bubble just like any other, it is just so unnatural for such a boom in Rolex buyers who at the same time consider if to fill a full tank of gas or just half. Wear what you love, people.
im sorry for u that cant make any deal with rolex lol u need real money to be in the market of rolex AP patek lol and u and the guys that agreed with u dont have it. everyone is waiting for this bobble to explode lol guess what its NOT going to happen ever, rolex has made their product to be exclusive not for the average goat anymore, so keep hoping for it lol
![เปิดบ้าน นาราเครปกระเทย 1 ไร่ ขายขาดทุนหลัก10ล้าน เอามาใช้หนี้!!! l [Nickynachat]](http://i.ytimg.com/vi/0jz84VFWVP4/mqdefault.jpg)
"Buy what's on sale" is a little nugget of info that set off a light bulb for me with coins. Great video as always!
I collect vintage Tissot's from the 50's excellent value, great brand.
I think also the recession will play a big part in the prices of hot watches in 2020. I think that outside of Rolex, Patek and AP, we will see cheap cheap prices for watches like Panerai, Breitling and IWC. In your opinion, when would be the best time to buy a watch? Oct-Nov before the Christmas and holidays shopping or Jan-Feb after the frenzy has passed?
Great advice, I collect watches of all sorts and not just hyped brand names,
Great vid Fernando! Can you do one of state of vintage watch market. Thanks!
Its coming very soon, thanks
🖒. You have the best channels on you tube.
Thank you so much
Missed these videos Fernando.
I missed you guys to
I started collecting watches 10 years ago, mostly vintage Seiko.
I stopped collecting vintage Seiko last year because the prices were getting crazy.
That's just Seiko, Rolex is mad!
This year I've been buying more high end pieces.
Bought myself a Tudor black bay steel, vintage Omega Cal 1040 yachting chronograph and a couple of weeks ago a Omega master coaxial 300.
I bought these because I loved them, not because I wanted to make a profit.
This seems to be the motivation for most so called watch collectors.
The watch investors are to blame for the price rises, not the collectors.
We are in it for the enjoyment of watches.
I worked in the watch industry in Switzerland. We made watches for guys like you. It is a passion.
I follow your videos in English and Spanish - perfect English and Spanish with fantastic watch insights! Saludos!
Gracias
I can see how a watch collector can paint themselves into a Rolex corner.
Make Watch Collecting Great Again.
Yes make it awesome again
thank you good vid Fernando says it all in a nut shell
Thank you
I agree not wasting my time on waiting for Rolex I’m leaning towards Vacheron
Vacheron overseas are very under rated imo
@@samkim8986 great watch if u wanna loose 50%
Not going to pay retail for sure getting about 30-35% off the retail
8 months ago I said on the FB groups that Rolex prices would be in the tank by spring of 2020. Everyone laughed at me. They ain’t laughing now.
I agree, I got "Jumped On" when I said the same thing. Rolex were trying to deliberately make their pieces "Exclusive" by limiting supply so they could take down Patek as number 1. It's come back to bite them big time. A lot of people who overpaid for Rolex recently will end up with a big hole in their pockets.
Fact of life #4543 "people don't understand until it hits them in the shins"
I agree, the prices that Rolexes are reselling for now are super inflated; but as long as you're not paying over retail (for stainless steel sports models) I think Rolex is still a safer bet than the brands he mentioned. That's if you're concerned about resale value. Otherwise just buy what you want and keep it. IWC? Panerai? Those brands are weak.
@@allankleidon6437 lol right keep dreaming
I don't know about abroad but into the U.K. the used and grey market dealers are certainly pulling back. They are refusing to pay the ridiculous prices the flippers are asking. The flippers have created the situation whereby everyone wants full market, or very close to, prices for whatever they are selling. Flippers have no expenses, including taxes! Dealers can't survive with the margins that flippers are happy to force them to take.
Let the greedy swines sell on the open market and deal with all the scammers. After all the PayPal chargebacks and bank transfer tricks not to mention outright thefts they will make nothing in comparison to selling to dealers at a fair price.
Great points Fernando. Your vids are always very helpful. Cheers.
Thank you Jay
Hola Fernando, veo tu canal en español desde hace varios meses y ahora te seguí a este, buen video informativo. Saludos desde Lerdo Durango
Saludos
Great video Fer!
Thank you
Amen
Rolex is a Big money item, not for the financially weak dealers. If the dealers don't buy Rolex now, they won't make any money , come the holidays . Observe how the prices rise come Nov. and Dec.
Carlos I've been doing this for a while and I can tell you come November it will only be a new excuse in why there not selling, and your right Rolex is for big money dealers I can't fathom the idea of having 100k investment for 5k profit
TBF, $7500 for the Batman was low-balling
That's an I don't want it offer
New to channel And new sub I love the content keep your head up
Welcome back.
Thank you
Very well said. The joy is the hobby of watch collecting - varying and interesting different kinds of watches - not just one or two high horology status brands. 👍
Agree
I really want to buy old Pepsi GMT, I saw an ad from dealer for 8k in April, and now same dealer selling at 9.5k, already more expensive then the new pepsi. How can customer afford that....with box and paper at 11k
Always putting your finger on the wound...... dammm you..... NOP fan. Keep up the good work.
Thank you so much
Yes, good deals on other brands... but Rolex is Rolex... fact is it is the coolest brand out there... and there are plenty fair priced rolex in the second hand and vintage market out there... so what if the there are waiting lists on certain sports models, when there is plenty other models/references available at close to list price (ie airking, djs, mailgauss, sub etc)... some models are even under list(precious metals)... I dont understand the hate... Rolex is never going to be mass produced as its not owned by a umbrella corporation like most other brands...
Cant understand why old fashioned stores still exist, same with online used watch dealers
People still like to try before you buy *I guess *
the old days were much better...you came into a shop and all watches were there..not only that you could try them but also compare them to each other if youre not sure wich one you want more...nowadays I have to wait seeing all this watches on other people first in real to see how they really look, and I still dont have the change to compare then next to each other☝️
Omega is not far behind is becoming impossible to get Pre-owned Omega at a good price
Yup. Even the ones that were unpopular.
Omega depreciate so much people just keep them
@millsub xxx you are a colossal moron.
@millsub xxx shame I think they are great watches.
12 O'CLOCK GUN
Rolex Rolex Rolex
Other brands don't sell so thats a waste
I really like the Rolex hype because i was able to pick up some nice omegas for good price. But what i am seeing now, the dealers pumped up the prices and the hype to make more money and now crying there is not enough profit.So everybody should turn to other brands ,because they want to make more money with less work.Aham.
Here in Israel everyone is buying Rolex from dealers, it's crazy all i hear about is people buying nothing but Rolex. I know soooo many young men who can barely afford a nice car or any type of luxury that fell into the hype and in a couple years to come i see a huge crash in prices where all those dumb losers will be trying to get rid of them, anyone who knows a little about economy can feel that this is a bubble just like any other, it is just so unnatural for such a boom in Rolex buyers who at the same time consider if to fill a full tank of gas or just half. Wear what you love, people.
I think you are a master of the obvious.
I am tired to hear word Rolex, most of the channels that I fallow talking heavily about Rolex.
In this world 3 things you can count on gold/dollars/rolex
@@johnpinner1 dollars? Try taxes instead.
@@trevbarlow9719 What in hell are you talking about
@@johnpinner1 you can't count on dollars.
@@trevbarlow9719 Well the whole world takes Dollars and I think I being everywhere.
Should've sold months ago.
Okay... I will buy a Rolex Submariner when it costs me 1,000 to 2,000 USD. But not for a higher amount!
Buy a fake one is worth your price, or else you would never ever buy Rolex cuz the price will go up never go down
im sorry for u that cant make any deal with rolex lol u need real money to be in the market of rolex AP patek lol and u and the guys that agreed with u dont have it. everyone is waiting for this bobble to explode lol guess what its NOT going to happen ever, rolex has made their product to be exclusive not for the average goat anymore, so keep hoping for it lol