The Rolex Market Is Changing - Watch Dealers Honest Market Update - August 2023

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  • Опубліковано 8 вер 2024
  • Welcome to The Honest Watch Dealer Channel - here to educate and entertain watch lovers from every corner of the globe.
    As the Founder and CEO of The Luxury Watch Company (the Norths leading independent watch company) The Honest Watch Dealer gives the real-time perspective of an active dealer.
    We’re constantly interpreting and analysing the daily trends of the luxury watch market, before consolidating, then broadcasting to our loyal viewers.
    “Knowledge is power” in this world and we believe that you have every right to gain inside insight and an unmatched understanding of the market you’re entering into.
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    Charlie (THWD)
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КОМЕНТАРІ • 446

  • @o0MadHouse0o
    @o0MadHouse0o Рік тому +112

    So basically all high MSRP precious metal watches are no longer selling well. As expected. That means people are no longer willing to spend stupid money for watches, which will move over to steel soon.

    • @wifine1951
      @wifine1951 Рік тому +18

      The interest rates finally caught up to people and the dealers

    • @RocketDog73
      @RocketDog73 Рік тому +12

      I have seen the steel Explorer 40’s readjust by £500 over the past two weeks. If things keep on at that pace I should be able to get one soon for close to list price 👍

    • @richardf7223
      @richardf7223 Рік тому +2

      Back to the same as before. Precious metals Rolex’s always didn’t hold value until fairly recently

    • @stupedcraig
      @stupedcraig Рік тому

      @@richardf7223 Some might call it a bubble.

    • @TheTRULYTALENTED
      @TheTRULYTALENTED Рік тому +4

      That means it's time to buy under retail. Precious metals will be the leader during the next cycle. The goal is to buy quality assets when eveyone is selling because they are trying to raise money to sustain themselves. Dumb money buys when prices are high
      People are so out to lunch, overpay for stainless steel but not spend on a timepiece that us under retail and made if precious metals.
      Steel is affordable(at retail)even is a recession

  • @AncientAviator
    @AncientAviator Рік тому +22

    I watch a LOT of watch videos and your updates are hands-down THE BEST. Appreciate your honesty!! Good on you!

  • @sportscardlad9726
    @sportscardlad9726 Рік тому +15

    Yesterday I picked up my Sub Date from my AD having zero purchase history and my wait was only 3 months!

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      That’s incredible congratulations! 🙏

    • @wukillah
      @wukillah Рік тому +4

      A few weeks ago I scored a LV (green bezel) sub date by walking in to a Rolex store. 0 wait, it was offered to me for purchase immediately. I think that tells a lot about the current market. Inventories are climbing and steel models grey market prices will soon be below MRSP which is where they belong

    • @donndee3587
      @donndee3587 Рік тому

      @@wukillahcongrats. what AD was this ?

    • @wukillah
      @wukillah Рік тому

      @@donndee3587 one of the biggest AD on the East coast

    • @Davyjones5454
      @Davyjones5454 Рік тому +1

      Rolex will know. And they will hold production to artificially boost uo demand again.

  • @Nexus.Achiles
    @Nexus.Achiles Рік тому +13

    I appreciate your candid no nonsense explanation of the situation we're in. If I was in the market for a watch and was based in the UK, I'd pay you a little visit.
    Less investment and more wearing sounds like a healthier market to me. No crazy short-term spike, but a gentle and steady long-term increase, nothing too dramatic. People will feel like treating their luxury watches like jewelry again, not like investments. Prices coming down is also a deterrent for thieves.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +3

      Thank you mate, really appreciate that 🙏
      Absolutely healthier, they should be worn and used after all!
      If you ever visit the UK, give us a call - would love to meet you in the Boutique!

  • @luxuryfood3810
    @luxuryfood3810 Рік тому +27

    The reality is the watch Market is dead. People now want to enjoy what they have and make a story with it to pass it down.

  • @thedeeprot
    @thedeeprot Рік тому +3

    Just got my first rolex, 2017 GMT Master II 'Batman' - absolutely love it and now wanting another one already!!!!

  • @jakepickett3938
    @jakepickett3938 Рік тому +6

    That rose gold yacht master oyster flex is on my list. Gorgeous piece!!

  • @bber45
    @bber45 Рік тому +17

    Here in the States we are seeing a similar pattern but with a little different in the SS models. All the grey market dealers are flooded with SS sports models like the Subs and Daytona. Only problem for them is they aren't moving like they were a year ago or two and they are collecting dust. Sadly, they're still for sale at Pandemic prices and not coming down.
    The ADs here in the states are getting more watches in and word on the street is a lot of people are getting the phone call and saying "No". can't blame them. I think later on this year and 2024 prices will continue to climb down in the grey and the ADs might actually ease up a bit.

    • @rickjason215
      @rickjason215 Рік тому +2

      I got the call and turned it down, but it wasn't the watch I wanted

    • @bber45
      @bber45 Рік тому +5

      @@rickjason215 Good on you m8. Don't buy a watch you don't want and certainly don't help an AD who's trying to dump his garbage on you. A lot of that going around

    • @chalikuddin5700
      @chalikuddin5700 Рік тому

      @@rickjason215welldone don’t give up will get a better offer soon

    • @rickjason215
      @rickjason215 Рік тому

      @bber45 I gave a deposit of 25% and after 6 months asked for money back. I got a call from the AD after 14 months, but it wasn't what I wanted.

    • @33zzi3
      @33zzi3 Рік тому +1

      I got the call for a watch that I have been waiting for last Friday. Collected the Rootbeer on the same day and it is stunning. More power to your channel for putting out great content. Kudos!

  • @Weakeyedominant
    @Weakeyedominant Рік тому +12

    I think watch crime puts alot of people in the uk off buying a pecious metal watch. Its interesting the white gold daytona on oyster flex is one of your top precious metal sellers because its alot more under the radar.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +4

      Absolutely, yes this is considered a ‘stealth wealth’ in a way 👍

  • @JohnnyB21401
    @JohnnyB21401 Рік тому +5

    Didn’t like this guy at first but have to admit he does seem to be more credible than the other dealers.

  • @mikelewis2456
    @mikelewis2456 Рік тому +12

    Good most flippers are gone. Charlie always good to watch your Sunday updates. Like to see further drops in certain models especially S&G and precious metals🤔I have my eye on mint green Skydweller when drops big or if I’m very lucky get the call from AD😏

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thanks for watching once again Mike!
      Such a stunning model to be eyeing up! 👌🏻

  • @Pete63
    @Pete63 Рік тому +7

    Grey dealers & ADs are now in competition to sell watches.

  • @jacstoneu
    @jacstoneu Рік тому +10

    Can you talk about Tug Boat Tony of Timepiece Gentleman stealing $5 million in co-signment watches

  • @realrockrolla
    @realrockrolla Рік тому +5

    The Bluesy is the best Rolex ever made.Forever watch

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +2

      An absolute classic! Hold onto that one 🙏

    • @donndee3587
      @donndee3587 Рік тому +2

      Couldn’t agree more! 💙that watch … one day I’ll get a call 🤞

    • @Nexus.Achiles
      @Nexus.Achiles Рік тому +1

      The Bluesy is a truly stunning watch. It's been around since the early 80s and it's here to stay.

  • @bo55ola
    @bo55ola Рік тому +9

    I am very happy with the slowdown in the market, I've been able to get a BLNR for retail, I also have got my CHNR for retail as I simply just love the piece. I am now down for the Pepsi and the full yellow GMT.
    I have had five people (including myself) get the call from their ADs. There is definitely a change in the market.

    • @Madeinlondon67
      @Madeinlondon67 Рік тому +1

      I’m jealous of your CHNR 😢 I want one.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +2

      Thats amazing to hear! Congratulations on getting some great watches 👌 Hopefully this continues and gets even better!

    • @PogU_4Life
      @PogU_4Life Рік тому +1

      How much money did you give your AD to be on the waiting list ?

    • @Madeinlondon67
      @Madeinlondon67 Рік тому

      @@PogU_4Life maybe he lives in an area where demand might not be as high as in London. I’m pleased for him. I wish I was in his position to be able to buy them .

    • @bo55ola
      @bo55ola Рік тому

      @@Madeinlondon67 honestly they are available, you just need to chase the dealer. Have you got your name down?

  • @Weakeyedominant
    @Weakeyedominant Рік тому +6

    Thar chocolate dial rose gold skydweller is incredible. Unfortunately its miles out of my price range 😂

  • @wifine1951
    @wifine1951 Рік тому +7

    People don’t want to buy OVER Msrp 😂😂😂😂

  • @smitty923
    @smitty923 Рік тому +2

    Daytona Ghost is 🔥 🔥 🔥

  • @fj7509
    @fj7509 Рік тому +24

    My uncle deals a lot of these higher end watches. From Rolex to Breitling, he sees a lot of inventory move through him. If you have an honest AD who does their best to respect in person shopping, and you show your face to that dealer once or twice a week, there's a good chance you'll come across the watch you want in 1-2 months. Just be patient and play the game.
    Don't listen to whatever narrative people are trying to drive home to you... The fact of the matter is that people don't have 10K-30K dollars to dump into a 2 inch piece of metal these days, no matter how much they want to convince you otherwise. There's a reason these watches go STRAIGHT to eBay and FB marketplace the moment someone buys it, it's because they can't afford to hold it.

    • @samuelburton5576
      @samuelburton5576 Рік тому +4

      Times will change. What goes down must come up. Just like the economy

    • @gavinsverdloff4291
      @gavinsverdloff4291 Рік тому +2

      Well done Charlie 👏🏻

    • @deepseadweller687
      @deepseadweller687 Рік тому

      Charlie best watch to buy money no object? Platinum Daytona with Sapphire back or the one you wear everyday?

    • @user-mk3pu3tt7i
      @user-mk3pu3tt7i Рік тому +4

      Ur uncle sells high end watches “breitling” haha must be a ebay seller him self 🤣🫵🫵🤣🤣

    • @HS-ed3dz
      @HS-ed3dz Рік тому +1

      So people buy a watch and put them straight on ebay because they can't afford them?? They all suddenly lost their money in under 24 hours? Numpty😂

  • @alexrakhshani7588
    @alexrakhshani7588 Рік тому +2

    Quality advice, ouch to everyone in negative equity after buying at peak.

  • @michaellau2544
    @michaellau2544 Рік тому +2

    Truly the honest watch dealer

  • @followyourpassion8378
    @followyourpassion8378 Рік тому +2

    Understanding price vs value is very important in the watch game. So let's say the gold value of a typical full gold Rolex is 8k (€/$), while msrp is 40k. A look at Omega might shed some light, since Omega is very similar in terms of quality, quantity, brand positioning. Full gold Omegas are at msrp 40k as well, however, if you wat to sell one as a private seller, they are very hard to sell. You might have to drop to 20k. And if the motivation "investment" is gone and you just want to enjoy a full gold piece, 20k less become a very interesting proposition.
    Both brands are mass produced goods.

    • @lifewalker808
      @lifewalker808 Рік тому +2

      The fact that omega has to cut price by 50% in order to move in the market tells us its market position is very very different from Rolex. Not saying omega doesn't make good watches. But market sentiment is market sentiment, and it's irrational.

  • @eduardlast23
    @eduardlast23 Рік тому +4

    People with money will still have money they can do what they want

  • @paullewis266
    @paullewis266 Рік тому +5

    Immaculate watches as usual mate, Thank you for the update very interesting listening about the trends in the market and how quickly they change . Great video see you soon 👍🏻💥💥

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +3

      Thanks Paul, glad you liked the update! Hope to see you again soon mate 🙏

    • @paullewis266
      @paullewis266 Рік тому +1

      All the best Charlie yes definitely mate 👍🏻

  • @JBlakeS23
    @JBlakeS23 Рік тому +1

    SD43 is my personal watch and I love it!

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Such a great watch! Congratulations on owning such a stunning model 🙏

  • @MTbone7
    @MTbone7 Рік тому +3

    Paul Thorpe at 40

  • @ryanelectra225
    @ryanelectra225 Рік тому +1

    Destickered? My AD in the US says they are required to do that before the watch leaves the store.

  • @Mark-lj1dj
    @Mark-lj1dj Рік тому +1

    6:25 steel sports watches are definitely my favourite. Great video as always LWC 👍

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Stunning aren’t they!
      Thanks for watching Mark, hope you’re well 👍

  • @Fitness2all
    @Fitness2all Рік тому +2

    Great info. Thanks for breaking it down. Some gorgeous watches and the Pikachu tops them all.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thank you mate thanks for watching! 🙏 Such a great watch 👌🏻

  • @Ballsyone
    @Ballsyone Рік тому

    The rose gold Skydweller with the Rose colored radiant dial was the BEST rose gold Rolex ever made IMHO.

  • @JinxPalm2023
    @JinxPalm2023 Рік тому +11

    Fewer and fewer are buying leading to more and more availability at the AD and in the grey market. I predict prices will be at retail or below for most luxury watches by the end of 2024 💯

    • @megane230f1
      @megane230f1 Рік тому +2

      I bought a rolex back in 2015 before the shit show started, Rolexes of every model were in shop window, you had AD sales people trying to drag you in giving you catalogues it will go back like that, the wheel always turns full circle.

    • @JinxPalm2023
      @JinxPalm2023 Рік тому

      @@megane230f1 so did I and back then not many people wanted the submariner hulk...including myself as I passed on it.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Interesting take! Will be great to see what happens 👌🏻

    • @rustyrocket8765
      @rustyrocket8765 Рік тому

      @@megane230f1wow didn’t know that was the case only 8 years ago. So you could go in and get a submariner or a Daytona without a waiting list ?

    • @redred516
      @redred516 Рік тому

      ​@@rustyrocket8765you could get anything except a SS daytona, everything else could be had from a smaller discount for SS to bigger discount for precious metals and salespeople were actually nice! Before 2017. People just went crazy thinking it's an investment that goes up

  • @Laguna2013
    @Laguna2013 Рік тому +2

    SD43 is popular now? I was a dud a few weeks ago, no?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      The market is changing quite fast at the moment, a real roller-coaster 😅

  • @teoAI_
    @teoAI_ Рік тому +2

    Great Video! What about the Hulk ($22k, full set, unworn) or the 36mm OP Tiffany/yellow (15k)? Are these realistic prices or can they be had for much cheaper?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you for watching mate, Seems like a good price for the Hulk, maybe wait on the OP until more of the Celebration dial are available, it may bring down the Tiffany price a little 👍

  • @counteldamar5135
    @counteldamar5135 Рік тому

    What's your opinion on Christopher Ward Watches as an investment? Are they investment if kept new?

  • @stephenmorrison4636
    @stephenmorrison4636 Рік тому

    An honest assessment of the current market and trends… why buying over list choose carefully buy the pieces you love..

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you Stephen, I appreciate that! 🙏
      If you buy the watch you love and to wear and enjoy you can't go wrong 👍

  • @ermir4444
    @ermir4444 Рік тому +6

    Wooow its the messiah of the watch dealers. This guy sells submariners by the pallets. 18 a week he once said 😂. Dont believe a single word that comes out of his mouth.

    • @TehHaffsTuts
      @TehHaffsTuts Рік тому

      Rubbish. He said he sold 18 in a month, at least get your facts right.

    • @ermir4444
      @ermir4444 Рік тому +1

      @@TehHaffsTuts my apologies 😂 not even watchbox sells 18/month. Typical gray market inflated talk. He might sell 18 in a year.

    • @TehHaffsTuts
      @TehHaffsTuts Рік тому

      @@ermir4444 that is literally 4x less than you’re misquoting. Big difference. 18 in a month works out at 4.5 a week, which including all submariner models, date, non date, hulks, Starbucks, bluesy , blueberry. It’s hardly some crazy figure, they are a popular watch. Genuinely answer me this, why is it so hard for you to imagine an established business with a good online presence and a team of people behind it selling 4.5 flagship models (of may I add the most popular watch brand) per week ? 🤷🏼‍♂️

  • @dolcman81
    @dolcman81 Рік тому +3

    What about the platinum DD?! How is the market for the discontinued quadrant dial? Love this piece! Keep up with the great content! Love from the 🇱🇷!

    • @wukillah
      @wukillah Рік тому +1

      Platinum DD is definitely my grail. Prices have been decreasing continuously on these, grey market prices may end up in the 40s I hope

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you for watching mate!
      Most precious metal models coming down at the moment, hopefully they will bottom out soon but we will see. 👍

  • @Greggieboy76
    @Greggieboy76 Рік тому

    Always look forward to your Sunday vid. Another belter. Great info as always mate!!

  • @shaneslater1000
    @shaneslater1000 Рік тому +2

    My theory is that people can show off on the internet without the Gold watch
    And plus unless you can fight there is no point in having one

  • @superk6487
    @superk6487 Рік тому +1

    That rose gold should be at a about 35k in the current market and that’s why it’s not selling

  • @jonathanmichaels8331
    @jonathanmichaels8331 Рік тому

    I’ve got a ghost. Bought rrp in 2017. Got a hulk bought rrp in 2017. For AP chrono ROO. Bought rrp in 2017. I really don’t understand how ppl can pay up for this.

  • @manojvasantharaj6964
    @manojvasantharaj6964 Рік тому +1

    Love your channel and content. How do you know which year the newer watches were made since Rolex no longer uses the codes? is it just the purchase date on the warranty card?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you for watching the mate, really appreciate it! Yes thats exactly it 👌

  • @______-im2cn
    @______-im2cn Рік тому +2

    wonder what will happen to rolex prices when they start up their second factory.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Will certainly be interesting to see what happens!

    • @______-im2cn
      @______-im2cn Рік тому

      @@thehonestwatchdealer might drive down prices. if they keep this up it may ruin their brand

  • @JacK-yr8ri
    @JacK-yr8ri Рік тому +2

    How are you getting on with Explorer 1's at the momens? Considering trying to get one from my AD

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +2

      Should definitely be one of the easier ones to get from your AD, best of luck! 🙏

  • @MrSaadmubarak
    @MrSaadmubarak Рік тому +1

    Are there any that are bucking the trend? Meteorite Daytona any different being discontinued?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Such a rare dial as this, they will always be highly collectible. Prices have come down a little, but should be great long term 👌

  • @user-jd9uo7fb4f
    @user-jd9uo7fb4f Рік тому +1

    Unsurprisingly the flippers are gone now.
    But I see the gold dial always on top of the market.
    I mean the watch looks good but I prefer white gold.
    Good video again mate, keep it up 🤙

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thank you mate I really appreciate it! Glad you liked this one.
      Does look so great, as does the white gold version! 🙌

  • @CaptainWillard830
    @CaptainWillard830 Рік тому

    In the mean time Seiko, and Casio, shareholders are smiling…and Seiko, and Casio, owners buying classic cars, rare books, and real estate with the savings 😊

  • @andrewmapp6058
    @andrewmapp6058 Рік тому +1

    Charlie....love to hear your views on the Vintage Rolex Subs, Explorer 2 etc 1980's +
    This is a market without a lot of publicity and they still hold their money....especially the mint full set versions. What are your thoughts ?
    Thanks Charlie

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Hi Andrew, thank you for watching!
      Yes could definitely be something I explore in a future video, I will see what I can do 👌

    • @andrewmapp6058
      @andrewmapp6058 Рік тому

      @@thehonestwatchdealer
      Thanks Charlie

  • @Hifimarantzuk
    @Hifimarantzuk Рік тому +3

    Well like Juan says” the watch market is dead and floating in the backyard pool facing down” this guy is also honest though a dealer prices he quoted are somewhat close to what the watches are selling for - minus another couple of grands I think. Not mentioned any thing about the datejust line as they are selling much below the retail except Wimbledon and also the Explorer range selling under retail. Still I like his videos and he tries to be as transparent as he can without upsetting his business muppet dealers. Good job mate.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +2

      Thank you mate I really appreciate it, glad you liked this one.
      Everyone will have their own opinions on the market, thought I can't agree that it is dead!

  • @singlendhot8628
    @singlendhot8628 Рік тому +1

    I've seen an uptick in steel professional prices. Not earth shattering but it seems like a better investment in the grey market.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +3

      Absolutely! SS models will always be a safe bet 👌🏻

    • @singlendhot8628
      @singlendhot8628 Рік тому

      @@thehonestwatchdealer Thanks again for an unparalleled level of transparency re: prices!

  • @GAZ1203
    @GAZ1203 Рік тому +1

    Another great insight Charlie, really enjoy watching 👌

  • @Scotyty
    @Scotyty Рік тому +1

    Enjoy the content Charlie. Any chance you could do more video close ups when showcasing your stock please?

  • @simonmorris1626
    @simonmorris1626 Рік тому +1

    Great update on the market, great video Charlie, you cant beat a gold Rolex though.

  • @sunny1n
    @sunny1n Рік тому

    Always love your videos. Thanks so much for the update!

  • @billmazzetti402
    @billmazzetti402 5 місяців тому

    Charlie and Josh at LWC are routinely fairly priced with models available.

    • @thehonestwatchdealer
      @thehonestwatchdealer  5 місяців тому +1

      Thanks Bill really appreciate that, hope you are enjoying your new watch mate! 🙌

    • @billmazzetti402
      @billmazzetti402 5 місяців тому

      Absolutely!!!!

  • @JG1293-x2t
    @JG1293-x2t Рік тому +2

    How are the john mayer daytonas??

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Come down a bit from the past few years but will always be a stunning collectible watch 👌🏻

    • @JG1293-x2t
      @JG1293-x2t Рік тому

      @@markwood7045 ive got one myself lol.. i'm just trying to gauge the current market price on them

  • @johnbarros7280
    @johnbarros7280 Рік тому

    Love your videos Charlie. Great insights, similar to what's happening here in the United States!

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you John, appreciate it! 🙏 Yes so I believe! Will be interesting to see what happens next...

  • @lansvale28
    @lansvale28 Рік тому +1

    How are vintage Rolex going?
    I’m keen on a gmt from the 1960s or 70s and a day date 36 yellow gold with the onyx dial. What does your crystal ball say about these models?
    Also I’d love one stretch-goal super fun watch. I was thinking the green dial Daytona Beach with the green some dial (crisoprasio). Prices on chrono24 are crazy varied. I hat do you think the market price for this will be in 3 to 6 months? And if you were me, is there a different watch I should look into?
    Cheers for these videos! Very helpful.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +3

      Thank you for watching mate really appreciate it! 🙏
      So the vintage market has softened a little at the moment, so now might be the time to buy a vintage if that is what you are interested in.
      Hard to say what the watch will be worth in 3-6 months, might be worth holding out a little longer to see if the prices become a little more attractive 🙏

    • @lansvale28
      @lansvale28 Рік тому

      @@thehonestwatchdealer Cheers for the reply. Will hold tight and keep my head down and try earn some cash to fund some purchases.

  • @jayobrien9363
    @jayobrien9363 Рік тому

    Another great video thanks for showing the incredible watches keep up the good work can't wait for the next one cheers

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you Jay, I really appreciate it so glad you like the content! Thank you for watching 🙏

  • @michaelfrock2473
    @michaelfrock2473 Рік тому

    The yellow gold really isn’t my thing but with the black band I really like that Daytona. Have to decide if that or the Panda version.

  • @WatchesGalore
    @WatchesGalore Рік тому

    I love the way you broke down today’s market

  • @steveoreed
    @steveoreed Рік тому

    Going to pick up a Sprite soon for my lefty wifey. Tried on in person today and it looks great on jubilee.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Oh congratulations on picking one of those up, she is going to love it! Such a great model, especially on Jubilee as you say! 🙌

  • @ericrand5045
    @ericrand5045 Рік тому

    As always, great update, Charlie. I am going back-and-forth between the Pikachu and the meteorite on the oysterflex.

  • @mullermeyerschlitz6586
    @mullermeyerschlitz6586 Рік тому

    Any opinions about the 116515ln (Roségold, oysterflex bracelett and ivory dial daytona)? Where do you see a retail price for a brand new watch from 2023?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      A stunning watch however can be incredibly slow to sell on.
      Should be a good hold long term though 👌🏻

  • @dsvillalva
    @dsvillalva Рік тому

    I think you love saying the word Pikachu! On a serious note, great market update as always.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Haha well it is a great word! 🤣 Thank you for watching, really appreciate! 🙏

  • @hughcassidy
    @hughcassidy 3 місяці тому

    In your opinion, why are the Daytonas so wildly popular? I mean there are only so many race car drivers out there, and I find them to be way too “busy” with the extra buttons and dials. While we’re at it, can you help me understand the complications of this watch? I have little understanding of the 3 dials within the dial or the twos buttons on the side. Thank you in advance.

    • @thehonestwatchdealer
      @thehonestwatchdealer  3 місяці тому

      Yes they certainly are a very popular model. So this is a chronograph movement, for recording lap times originally. The Subdials represent seconds, minutes and hours. With the pushers to stop and start the timings! I hope this helps.

  • @booboo-wp9lb
    @booboo-wp9lb Рік тому

    Bought a SD43 recently .. not from you guys (sorry) .. but beautiful watch .. so well proportioned

  • @chris-58
    @chris-58 Рік тому

    Great Stuff and a good dose of common sense.. Top man Charlie and keep it rolling

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you mate, really appreciate it - so glad you like the content! 🙏

  • @Jasperroodog
    @Jasperroodog Рік тому +4

    Nobody would consign a watch or an article worth significant money

    • @vinnieomahoney6359
      @vinnieomahoney6359 Рік тому +2

      Isn’t “consign” now a very dirty word after this week’s shenanigans 😂

    • @davidbrown9947
      @davidbrown9947 Рік тому

      @@vinnieomahoney6359 Iy is a fucking terrible world, I have been saying for at least two years. Even back pack flippers got in on it- madness. There are dozens of others like Farrer, who have run away with watches and cash, but it is not within the public domain. There will be plenty more.Mostly a fucking cesspit

  • @JoeyJiggles
    @JoeyJiggles Рік тому

    If you only sell Rolex. How do you handle trade ins? Do you just not accept them if they aren’t Rolex?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +2

      Sometimes we get other brands in and then send them out into the trade 👍

    • @JoeyJiggles
      @JoeyJiggles Рік тому +1

      @@thehonestwatchdealer ah. Clever. Very smart!
      You basically take a slower mover and push it into a Rolex which moves quicker. Great business model!

  • @doug2078
    @doug2078 Рік тому

    Excellent Video as usual Charlie !! 👍
    Love the market updates !!

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thank you Doug! Really appreciate it mate, so glad you like them 🙏

  • @toddallgier914
    @toddallgier914 Рік тому

    Great Channel. I appreciate your honesty. I've been watching the white gold blue dial Daytona Fallen price dramatically. I'd like to try one on to decide. I'm also comparing it to the stainless steel overseas blue dial. Hardest part is getting to see them in person and try them on in person. If I were local I'd come in to see you. Thanks for the great job.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thank you mate really appreciate it!
      Yes it has of late, being a full precious metal models have come down a bit.
      The Overseas is a stunning watch, being one of the Holy Trinity and having 3 interchangeable straps - I would go for this one 👌🏻

  • @mysupersats
    @mysupersats Рік тому

    thankyou for keeping up to date, keep it up m8

  • @JJ2Styles
    @JJ2Styles Рік тому

    What about Daytona black dial -116500 is good deal for 29 k USD?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Seems like a good price! Hard to say without saying it in person - but should always be a popular model 👌🏻

  • @p.a7775
    @p.a7775 Рік тому

    Love these updates.
    Many thanks!

  • @jrizzo3579
    @jrizzo3579 Рік тому

    Just an excellent update on the market ...thank you

  • @chalikuddin5700
    @chalikuddin5700 Рік тому

    Thank you for the video enjoyed the update on the watch market,

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you mate glad you enjoyed this one. Appreciate you watching 🙏

  • @ph1lo
    @ph1lo Рік тому

    Hi Charlie,
    I’m considering a new/used Rolex and wanted to know if I can purchase through yourself. The reason I ask is due to where I live (N.Ireland).
    The models I’m considering are the DateJust and also the GMT-Master.
    It would be my top choice to make the purchase with yourself and get your advice too. You know more about the Rolex range than anyone else I’ve seen on UA-cam.
    Let me know how to get in touch with yourself.
    Many thanks 🙏

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      hi mate, thank you for watching I really appreciate it!
      Absolutely, you can contact us through:
      www.theluxurywatchcompany.com

    • @ph1lo
      @ph1lo Рік тому

      @@thehonestwatchdealer thanks mate. I’m due a DateJust 41 mm and I can pick any colour. I asked the AD to get in a green dial, blue dial and blue motif dial.
      I’m your opinion should I buy this off my AD or should I purchase it from you?

  • @JoeGiz64
    @JoeGiz64 Рік тому +1

    You can still have fun buying watches you like and want to wear in this market. Just dont pay over MSRP.

  • @Scoot97
    @Scoot97 Рік тому

    Thoughts on getting a day date 40 platinum icy blue dial ref 228206? Good time to buy that watch right now? hovering around the 60k range

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Might be worth waiting a little and seeing what happens.
      If you are going to buy to wear and enjoy, and keep it long term then you should be good 👌🏻

  • @psj-msg8395
    @psj-msg8395 Рік тому

    Would you still invest in a new model GMT Sprite from the AD as a safe investment over the long run?

  • @amarramroop5876
    @amarramroop5876 Рік тому

    At the beginning of the year, I bought the date just 41, white mother of pearl set with diamonds, fluted, jubilee. This is my first Rolex and I bought it direct at retail. Do you think this will appreciate over time? I very much want a day date. I was hoping one day I would trade in my date just with some appreciation, add a bit of cash and buy the day date. Do you think my strategy would work with this watch?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Stunning watch mate and a very rare dial 👌🏻
      Yes long term you should be good holding it! Trading in + cash should be an option for a Day Date when the time comes 👍

  • @davidzahedi1280
    @davidzahedi1280 Рік тому +1

    Thanks for the video, as always. I am looking to purchase a 116520 white dial Daytona SS, is the APH a better purchase from an investment standpoint? appreciate it.

    • @Weakeyedominant
      @Weakeyedominant Рік тому

      What does APH mean.

    • @Jasperroodog
      @Jasperroodog Рік тому +1

      @@Weakeyedominanton the dial where the word cosmograpgh is written the APH is spaced out. It’s a mis printed dial only on watches on 115620 on Daytonas manufacturered in 2011

    • @Jasperroodog
      @Jasperroodog Рік тому

      Daytonas especially the older ones such as the 116520 are good investment pieces. Ignore the Daytona haters. The Daytona has been the number 1 investment watch for years

    • @scottmurphy2995
      @scottmurphy2995 Рік тому

      ​@@CPARyan86 mate, Lange timepieces are in a different world compared to Rolex. If I had the budget I would invest in one of those any day of the week.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +2

      So yes the APH is seen more of a collectors watch, definitely something to hold onto long term 👌🏻

  • @pascalp.
    @pascalp. Рік тому

    Great insight as usual.
    Keep on the good job 👍🏽

  • @razvanyke
    @razvanyke Рік тому

    Nice video, man ! A new subscriber here. Great tone and decent message, what do you think about Rolex opening two temporary production sites to cover until 2029 when the 3rd production location is going live?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thank you mate and welcome! Really appreciate it, so glad you like the content! Will be very interesting to see what happens 🤔

  • @jda7499
    @jda7499 Рік тому

    Great Channel, great content. All the very best 🎉

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you mate really appreciate it- so glad you like the content! 🙏

  • @InGratitudeIam
    @InGratitudeIam Рік тому

    Just wait until the end of the year. The watch market will become extremely interesting.

  • @slide7132
    @slide7132 Рік тому

    Very helpful, thank you mate!

  • @kinng8014
    @kinng8014 Рік тому

    I want to ask if it is easy to get OP31 black dial from the Rolex AD? As I would like to get one for my wife, thanks.

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Should be one of the easier ones to get - Although all ADs get their own allocations so might be worth calling and asking them to see what they say 👌

  • @Chuckford224
    @Chuckford224 Рік тому

    Another great video. Thank you. What's the current market for the James Cameron?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому

      Thank you mate, really appreciate it! Come down a bit recently, hovering around list price 👍

  • @petemorbius3936
    @petemorbius3936 Рік тому +1

    116710 LN (discontinued) GMT Master II, what do you think?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Such a great model, one to keep a hold of if you have one! 🙌

    • @petemorbius3936
      @petemorbius3936 Рік тому

      @@thehonestwatchdealer u read my mind...was just about to ask if i should sell it...got it in 2012 for retail.. by the way, keep up the good videos!

  • @devilsfan5967
    @devilsfan5967 Рік тому

    More great information, thanks Charlie 🙏

  • @305_RS3
    @305_RS3 Рік тому

    Good stuff! Thanks for the update

  • @markkao9954
    @markkao9954 8 місяців тому

    Picked up the white gold sub with blue bezel

  • @mendipfox1650
    @mendipfox1650 Рік тому

    What’s your thoughts on a OP31mm Celebration Dial @ list £4,750? Buy or Pass?

  • @counteldamar5135
    @counteldamar5135 Рік тому

    What about the Submariner HULK is that sought after and is it selling above and below its RRP?

  • @user-mk3pu3tt7i
    @user-mk3pu3tt7i Рік тому

    How come u didnt cover the day date range

  • @kevinashton709
    @kevinashton709 Рік тому

    A brilliant video as always Charlie 👍

  • @miket.8528
    @miket.8528 Рік тому

    Are fluted dial date just still in production?

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Thank Mike, thank you for watching! Yes they are still in production yes 👍

  • @cookingwithwatches
    @cookingwithwatches Рік тому

    I am on the waitlist for Pikachu at 3 ADs 🤞Also Bluesy is my favorite. Would never trade this watch for anything

    • @thehonestwatchdealer
      @thehonestwatchdealer  Рік тому +1

      Both such stunning models, you definitely made the right choices there! I hope you get the Pikachu soon. 🤞