Nothing But Damaged Watches... A REAL Inside Look At Being A Watch Dealer
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- Опубліковано 21 тра 2024
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FIRST OFF THANK YOU ALL - 17K SUBSCRIBERS!
Everyone always likes to talk about how easy this business is! So here's a glimpse of the stuff that consistently goes on behind the scenes, I wish it was all fun and games, take the good with the bad & always be on your toes one wrong purchase one missed piece of damage and be prepared to lose big! As always keep on moving along thank you everyone for the continued support, and enjoy a few bits of nonsense from the last week..
#rolex #watch #watchdealer #audemarspiguet #rolexwatch #luxury
I own this watch, bought it in Iran in 1978. Still in perfect running condition. Now I can do a little research and hopefully find out what what she is worth.
Great that will fetch some cash. *I used to be a collector, but I liquidated my collection to venture into real estate. In January, I acquired homes in Malibu for $45million, and the returns on investment far exceed what I earned as a collector.
How did you grow your portfolio to $45m, I'm impressed, I have a lump sum in the bank, the rates are not impressive so I'm moving it, what's your cash flow like?
I have a financial advisor (trader) she grows my liquid assets and I reinvest the weekly payouts back into real estate and long-term ETFs.
Sure, could you please share her name with me or any details so I can look her up online? Thanks!
She is well known as - Diana Leayani Lara. please do your own research.
You're killing it with this content, my friend. I love seeing behind the curtain of real watch dealing.
Appreciate you! thank you for watching trying to show the real deal here no fluff and drama
@Peterpic Less drama, the better. reality is far more entertaining.👍
Amazing to see the growth from where you started just a year ago. Seeing honesty and integrity in the sales game is always an inspiring sight.
Appreciate it!! Thank gou
Once again everyone I am not complaining in the slightest!😂 it’s an absolute blessing that this is what I get to do on a daily basis and make a living, can’t thank you all enough! This video is merely the answer to the question of “it’s easy to sell watches” when in fact there’s a ton of behind the scenes where people lose money, buy damaged goods, get screwed over etc! It’s all the cost of doing business pay your dues and keep moving!
That polisher you bought for $200 already paid for itself. How long did it take you to learn the skill? You made it look effortless and yet you don't do polishing every day.
I also love your attitude and enthusiasm. You really are a perfectionist and take really good care of your customers.
@@dannysimenauer5745 appreciate it man! And yes the motor alone was worth more guy bought it to make dental impressions and hardly used it! All trial & error / doing it a million times eventually you gain the recipe for polishes buffs etc
@@PeterpicWhat’s your theory about how that dial got so fuked up???
You should stop by JJ’s sometime. The Watch Hangout. Marco stops by sometimes. The Sunday night shows kicks ass, serious walk talk and no bullshit.
Btw. I can’t believe your but at Luxury Bazaar anymore.😱 I’m not kissing your ass or stroking your ego….just like Marco your legitimately brilliant. I wouldn’t wanna own Luxury Bazaar without you and Marco. 🫡🫡🇺🇸🇺🇸🤘🤘👍👍💪💪🇮🇱🇮🇱
You are the absolute best; i will only purchase from you as you are transparent and genuine.
You have to be honest and keep your word and you will have success my friend, All the best from the UK
I've been watching the watch community grow on UA-cam for a couple years now, different companies and individuals alike. Peter you are the only one currently, who gets me genuinely excited to see upload. Keep up the great work, and I wish you and your business nothing but success. Love the honesty in the way you talk, not many people in this business; or any in fact, that decide to be this transparent - it's very welcoming.
my man appreciate this more than you know!! thank you so much
Peter youre killing it with the content, love seeing how it really is to be a REAL dealer, of course youre making your money but you seem genuine and like you said, have the clients best interest at heart. Thats how business is done, more than just 1 time deals, giving clients your best so they keep coming back. Hope to one day get a few watches from you. Cheers from Toronto
Appreciate THIS tremendously thank you!!
Another great video Peter love seeing your expertise in watches! Hope the 16013 does well for you. hopefully the wind and it being dry wasn’t too big of a hassle.
Love it. Polish job was fantastic. Detail was amazing. Don’t stress it’s just the price of doing business. Go with the flow.
Again the best of the best!! Such great content and loved watching the polishing process!! Keep up the great work!!!
Thank you very much!
Great info. First time watcher. Thx
Love the vids and really rooting for you to continue to grow your business and become very successful.
Appreciate this tremendously thank you Joe!!
Great stuff as always. Thanks for the insight.
That Breguet came out phenomenal. Great work Peter
Glad you enjoyed it! Thanks for watching 🙏🏻
I have really been enjoying these videos keep it up
Fantastic blog really enjoy your content ,your finish work is out of this world
W candid videos. this content is better than a lot the smoke and mirrors of other channels. Always keep it up!
Appreciate that thank you!
Great content, keep going mate
This is really one of my favorite channels. Content is awesome. Would love to get into the watch business one day.
I appreciate that! Thank you for watching
I can’t wait to get my GRAIL from Pete! 40mm YG Presidential Black Stick dial! About 1 more year and I’ll be ready! Prices by then should be 32k used for a 7-8 year old model.
It’s close to that already but time will tell! Great watch cant go wrong with the 40mm day dates classic piece!
@@Peterpic I think by the time I’m ready you’ll be able to find me one at 29500-30k. It’s not a high demand watch
REALLY liked that Breguet, beautiful watch.
Good content too, sound just needs addressing a little, I was up and down on my volume like a pole dancer as my wife was still asleep while I was watching early this morning lol
👏👍👌🤘✌🖖🤙🍻
Peter, did you Ask 2 Times PPP loans hoodies tugger sharfy to give thé money back????! Frederic from Paris France....
Best in the business!!!
Greetings from Panama 🇵🇦 brilliant video thank you 👏👏👏
Very nice polish on the last watch. Great video
Thanks Harry! And it came out great I was very happy with it
Love the vid. What type of mic do you use?
Lots of people don’t consider total long term cost of ownership! Yeah, you can afford the Patek with an alarm and 6 complications now but service time little Timmy isn’t getting a graduation car cause dad has to service his watch.😱😱😭😂
My local watch maker is a genius and a gem. He can service highly complex watches…/he saves me thousands.
The kind of people that are buying grand complication Pateks are not the caliber of people that are looking to save money on servicing by going to an aftermarket service center. It's one thing to have a standard issue Patek, Rolex or any other upscale brand watch worked on by a nice watchmaker but a rare Patek complication needs to go back to Patek for servicing. Having Patek service a watch like that will cost a lot, but the watch will retain or gain a lot of value by having a Patek service history. If you try to sell a highly complicated Patek with no service record or a service record of it being worked on by an outside source, it will have an immediate negative impact on the value of the watch.
@@jeffv3296 I agree implicitly and a Patek Grand complication is an extreme example with respect. Even I would send a watch of that calibre to Patek.
My point is geared toward a working class guy buying their first Patek like a nice Calatrava that he had to save for and intends to leave to his son and his being shocked when sends his nice but not so complicated watch in for basic service.
I haven’t bought any high end pieces post 2019 and I save a fortune with my local guy on everything but especially on 1 of my Patek annual calendars(for example).
I’m not even remotely concerned about diminished value as I bought my high end watches at the bottom of the market and saved a ton to begin with.
I’ve only bought shitters since 2018 and even then I’m a tenacious bargain Hunter.
Last time I got a quote from Patek for service I laughed so hard I almost feel out of my chair.
Even Breitling who uses reworked ETA movements in some of their pieces charges a princely sum for service.
Godspeed🙏
Everyone always thinks the grass is greener on the other side. In my 50 years of working I've been an importer, distributor, retailer and manufacturer and every side has it's own set of problems. No one has it easy.
This is the TRUTH, there’s always issues no matter what side you’re on!
You confirmed how difficult it is to buy from overseas sources. That is why I decided it is worth it to pay more and source a watch in the US.
Usually it’s pretty easy I just buy large packages this was one that came directly from a Client
loving the content! Quick recco on the audio - the levels seem all over the place. Try to keep every section around -6 db - I find that level works best for youtube and it'll keep your levels the same throughout.
Thanks Trevor ! & yea I noticed this too late as my headphone volume was consistently changing while editing and didn’t realize how low some of it was!
Always supporting u even when u at luxury bazaar
That breguet was stunning
Thanks! And agreed great looking watcj
love your channel!
Thank you so much!!
Great video as always..
I appreciate that as always butch👍🏻
Great episode! What ever happened with the Patek?? You left us hangin'!!
The world may never know😂 very expensive project almost didn’t make sense to repair
Great video !
Glad you enjoyed it
Great guy I wish you all the best in your career .
Thank you very much!! Appreciate it a lot
Great video. Thanks
Glad you liked it! Thanks for watching
The watch business is not all balloons and Roses. Interesting video. Sandy
This is the truth! but it sure is fun as anything, ill take these headaches everyday of the week haha
Well done! Factory would be lucky to have you.
Many more years of practice and I’ll be there haha ! Not the best by any means but I take pride in everything I do thank you for watching🙏🏻
Hey love your videos ❤ by the way do you know where Marco from LB went ???
No idea honestly, and thank you!
good content. do it!!, wish you the best👍👍
You the man! Thanks for watching appreciate it
keep on greatest watch channel!
Thanks for the visit!
can you do a video on the pro and con of polishing a watch? For example, does polishing kill the watches value (as a collector)? Would you buy a watch that has been polished? What should buyers think about on this topic from a collector perspective (not a flipper). Tx!
Cant believe the condition of air king ! He must never took it off from his wrist
He ENJOYED it I’ll say that much 😂 I was more shocked about the dust getting side of it
Great video. Looks like unfortunately the business isn't always rainbows and unicorns. Thanks for great examples of that.
Thanks Joe!! And yea that’s with anything in life, I just always see a false sense of reality beings pushed out there about the business it’s not always clean cut ! Same as any business!
I think we just had the same day. Wouldn’t change it for the world! If you need a friendly pair of eyes in the UK feel free to give me a shout.
Will do!!
And thank you 🙏🏻
The Breguet is absolutely stunning. What was the result with the Patek situation?
My next watch will come from you. Greetings from 🇪🇸
Anytime! Reach out whenever thanks for watching🙏🏻
Late to the party but bangerrrr
My guy appreciate it🙏🏻
What did the guy do with the AirKing? Looks like it went in the washing machine 😂
it honestly may have haha
Hi Pete, there’s good days and bad days in everything as you say.. as long as the good outweighs the bad 😂 that air king looks like it’s been in the air around 37000 feet and fell to earth 🌍.. dog rough looked more like 1993 and not 2023
No good days come without the bad! I honestly have grown to laugh these things off all apart of the business !! And insane right, at least it was worn and thoroughly enjoyed!
Very true he got his moneys worth out of it, a bit like my friends car he tried to trade in.. 2 years old and no dealer would touch it lol
As someone with 28 years of experience in jewelry and watches-great video. Just one thing-you shouldn’t be polishing watch cases with the movement still inside of the watch. The vibration created from the spinning buffing wheel is not good for the movement.
The case was only touched on face of lugs, I’m well aware or how fragile a hairspring is, movement was pulled prior for the actual refinish I just needed to touch up again.
Did the Speedy sell already? I looked on your website and nothing was listing under Omega.
Still for sale! Uploading it today
I had my 1990 day date sent to a Rolex service for full service (I bought second hand) everything came back mint but service center said watch fail water test and only way to pass is to get a new case cause last service butchered inside case so the AD said do not submerge in water beside that everything fine, what’s your opinion?
Id agree with them, even brand new watches I don’t bring in the water it’s just not worth it! Wearing a watch in the pool vs water damage repair it’s a headache I promise you don’t want😂
Appreciate the reply and yes I will not wear my18238 in pool/water ect it’s not made for that in my opinion
How many hours does it take you to do a full restoration? And how many hours does it take you to edit a video?
I really think you can find someone to help you edit for cheap if you haven’t already. Bc your watch skills are brilliant
I started looking into this recently and it’s extremely feesable
Time spent editing / filming is insane
@@Peterpic you have so much talent man. Ik you can find people to help you grow!
The audio level drops pretty low once you start talking about the speedmaster.
I hopea that he can fix volume levels For next videos
Yea I didn’t catch it in editing my headphones it sounded fine but that’s audio for you😂
Like I’ve been saying for years telling tight pants wearing, backpack rocking bro shitheads suckered into hype watches. These watches are delicate and expensive to repair if you wear them everyday.
If only people knew how fragile watches really are, handle with respect and they will last a life time👍🏻
That briguet looks beautiful. How much do those go for?
Very good value ! Usually on bracelet they can be found around 10k with box and papers
Even omega robs you on basic service nowadays!!!😭😱🤬
The only company that doesn’t overcharge is Tissot which is owned by Swatch Group like Omega.
Life after Luxury Bazaar😱🙏
All factory overhauls are robbery they genuinely are😂
@@Peterpic Also, some years ago the industry switched over to synthetic oils! Allot of times a calibre just needs to be properly lubricated. The synthetic lubricants generally last ALLOT longer than non synthetic. These oils historically have always been very expensive. Some watch makers/companies use the old non synthetic oils because they wanna use up their old stock.😱😱😱
nice polishing machine wauw!!!
Probably the best money I’ve spent in the last few months! Absolute necessity very happy with it👍🏻
why is the sound on the video going up and down so much
Peter gud luck mate
Pete,
Do you offer a polishing only service?
Hey joe, yes absolutely
You need to leave the images on the screen longer, - loving the channel by the way.
I’ll take note! I need to find the medium time, some say too long others say too short haha thanks for watching
@@Peterpic all
Good man. If you think about it we are watching you, so your eyes, something pops up, we have to redirect our attention. A few seconds more would help. Thanks for the content.
If your going to buy harbor freight gloves spend an extra dollar or two and get the orange ones.
10:17 lmao
GOTEEEEEM😭🤣
there are some troubles with a sound when you are showing the Speedmaster
I think I caught that as well, due to the voice over the volume was lower when editing I have headphones in so it might be louder or lower!
@@Peterpic and it goes for three minutes, yes, it was because it`s not a live sound but a voiceover
@@Peterpic Pro tip.. Get some small powered speakers to check your audio levels. Headphones are great, but you can miss a lot of issues just relying on the headphones. Great channel, great content! Keep it up!
Screw that Air King lol.
🤣 it was used as it should be ! A watch / accessory unfortunately when you do use it this happens and it’s a Major Restoration process
I am in Chicago. My watchmaker is one of the best. He is a two week wait minimum…..
Great business to be in! Especially when you’re good and know what you’re doing endless work.
@@Peterpic you used to be with Roman, no?
😅😅 hilarious
Really is, always something 🤣
why didnt you just use Polywatch on that Speedy crystal?
Doesn’t work the same it’s like using a screw driver to do the job of an impact
There are dramatic swings in the volume. Great video nonetheless!
Sorry about that, headphones made it all sound good when editing 🤣
Enjoy but not destroy, how is possible to ruin a 6k Rolex watch in one year?!
I wish I knew 😂 it happens a lot more often than you’d think!
😉😉👍👍
I have the speedy and King like in intro.weird
When will dealers start to talk about AP’s terrible quality control
THIS IS ACTUALLY TRUE haha, I’ve been seeing some weird things coming on brand new watches, not always but they do miss some things here and there same as any manufacturer! Still the best finishers in the industry AP craftsmanship is superb!
Thanks 13:23
Did you go to technical training?
Technical training of trial & error / rinse & repeat had plenty of helpful people around me over the years to answer my questions and push me in the right direction but no formal schooling.
Great inspiration I hope to be as proficient as you . Over that last 2 years I started my journey with no schooling because there is nothing near me so a lot is self learn !!
@@GilbertNieves-kj4nv lots of reading and lots of tinkering eventually you’ll get the hang of stuff! I’m by no means as good as some of the people who taught me / still help me but I’m pretty proficient in Rolex movements at this point.
What the hell?? Did that AK guy go gravel diving every day? So wow, i love watching you work on a watch. You're a true artist. that Breguet looked absolutely mint! ( and how about that shady guy from china... 😳)
Did you and your brother play little league baseball?
Yes 🤣🤣
drama sells lol. you only post this, your channel ill explode.
Had a great response on this video 😂 might just start filming all the stuff like it haha thanks for watching!
😂😂😂 the watch market is ded
Very much alive I can assure you😂
@@Peterpic nothing is for sale, not a watch, not even a watch, not even the gold ones
@@alexmihai3906 yea maybe at the stores, I bought a dozen new watches last month from my particular AD.
Along with a ton of other brands they all have quotas to meet, I’ll keep helping them make it🤣
That voice from Hong Kong is the same dude from Dallas and Marco
Yes, I decided to concoct an entire story for the sole purpose of showing a damaged dial.. really thickens the plot🤦🏻♂️🤣
mustache like a men but clothes like a kid
idk how to respond I wear pretty basic stuff haha not wearing a suit
Keep doing your thing. Thanks for the super fast responses on IG
Any time manny! Appreciate it
Big Salute 🫡, really good stuff , I’m learning watchmaking on the side , I have some tools , but my business is mainly health field , diagnostic radiology, I run CT scanners 4 of them at a stupid busy hospital in Norfolk . With that said , I do find the time to understand how each part of the movement works , but hands on is whole different ball game , I was putting on a new strap for my new Breitling Endurance , from Breitling, and I tapped off the the lugs , but didn’t tape off the case back , lol and low and behold , my tool for removing the spring bar , got loose and threw a scratch across the case back . No big deal for me , it’s a composite material called “Brite Light “ super super light , hard to scratch or ding , nothing like the tanks 44mm Bentleys from back early 2000s but damn it ! I like your polish machine , the Mop , it’s not screwed on ? Just put the mop in the screw and let it turn ? No screwing down ?
In Toronto canada I buy a super super clone I bring it to a rolex expert he say it was real rolex . Unbelievable. Your super clone look just like mine. You a expert but a regular person like me will never know. Imagine on nkuwan