Man Tries To Hustle Luxury Watches | Buying & Selling Timepieces at IWJG | S2 Ep.169
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- Опубліковано 30 жов 2021
- Last day at IWJG buying and selling luxury timepieces. Marco tries to negotiate deals with a man who doesn't budge in prices.
0:16 skip intro
1:09 Rolex Datejust REF# 116233
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I come from a limited means background. Until today i never really knew there was stuff in the world happening likes this. I love watching success and maybe one day i could afford a nice watch too.
Honestly as long as you got a roof over your head and food on your table and you love yourself, you don’t need these kinds of things because you are already being blessed🤴🏽🙏🏽
@@topictrends583 yes sir this is very true.
In addition there are plenty if nice watches under 1000 that look great
Same here. I could never justify spending so much for a watch. So many people don’t people don’t even wear watches now.
There are way better things to spend your money on than jewelry. Invest in stocks or crypto so you can build wealth
There are some really beautiful watches out there, but the overinflated pricing is reaching a point where a major correction is likely to occur in the not too far off future. The basic laws of economics regarding "supply vs demand" will be the downfall of the grey market. The grey market inventories are approaching hoarding levels and when you have more supply than demand, a correction is inevitable. For the first time in about 2 years, I'm seeing discounts from online resellers...and not just the common wire transfer discount either but legit discounts where the dealers are just breaking even. This is due to HIGH inventory that isn't being offset by high demand. These signs show at the beginning stages of a crash. I'll be ready to buy when the inevitable crash takes place (stock market and real estate market crashes are examples of what happens when pricing goes parabolic) because buying now will be a recipe for disaster. My advice if you are buying now, get in and out fast on the flip so you don't get stuck with watches that drop in price when the FOMO stops.
The greed the grey market dealers have is going to hurt them in the end. They hoard watches, buy all inventory from ADs just to try to resell for 2x-3x retail. They are a middle man that add no value to the market other than to line their own pockets. Its reaching a point where most people have what they want and cant justify the ridiculous mark up of grey dealers so the grey dealers are going to have to lower prices to attract customers significantly to offload their inventory.
It's in just about every market, even sneakers!
@@theRhinsRanger especially in cars. I bought a ‘15 MX-5 for $13k a couple of years ago, they’re around $20k now.
This aged well
@@philorgneopolotin8762 If only people had listened, right?
This is becoming my favorite channel.
You guys got me interested in watches…. Watches…. Lol idk how but you did it lol
You guys are awesome!
Closed the video out with a covid sneeze! I loved the were so far apart I'm going to have to take a flight over here...so classic!
it was a AIDS sneeze
*Love the videos bro motivates me May god bless you all and your dad*
I dont own any watches besides my Garmin Fenix, but this is a cool channel. What an odd world to do business in.
You gave up on a Daytona 116509 blue at 48k, now is at 80k. Good deal 😃😃
It’s like they’re bartering for cheap souvenirs at a Caribbean flea market except the merchandise is worth hundreds of thousands!! The craziest shit I ever saw! How could you trust anyone in this market? Just seems really seedy to me but downright fucking enjoyable to watch!
What microphone are you guys using? It seems to cut out often.
I think it was just this video. It doesn't seem to happen again after.
Hey which one is that Gold AP that you guys are wearing?
I have a 1972 Oyster.
It’s beat. But all original
I want to sell it.
Do you have suggestions where I should sell it?
Thanks
why are they using a blur filters?
Where's his eyebrows 🤣 does he get them faded 😂
Hey ya, what are you filming on? If its a Sony, there is a setting in your camera called "soft skin" turn that off as its removing a ton of detail in all your shot.
Great stuff, a fun watch!
You spent waaaay more time talking to that guy about his overpriced stuff. I would’ve walked waaaay sooner.
It was content. If we wanna talk time wasted it’s us that wasted the time watching lol he gets paid to upload lmao and waste are time lol
I remember buying my 16760 in 1987. I paid over 1600.00 dollars with tax. My family thought I was crazy. Now this watch is worth more than my 11 year old car. Still looking to eventually trade up to a Daytona.
Now imagine investing that into tesla, apple, dodgecoin, biotin, facebook, or ANYTHING
@@viokosovan322 I am invested in many of those mentioned. Just saying some of the worst investments can be an automobile. The auto I am talking about listed for 57,000 dollars.
@@egold1006 An automobile isn't an investment, it's an asset.
I bought my 14060 Sub brand new from an AD in 1998 for $2,800! They had the 16610 for $3,200. Those were the days!
What would be a good starter Rolex for 10k? Used
i dont know anything about luxury watches but my ex bought be an tag aquaracer (i sold it) but it def made me appreciate a nice watch. I know its only the very low end of luxury watches but to me it was top notch. Id love to get into watches more and get something more substantial but they are just way too expensive for me. love the videos btw.
i collect $100 bills, i have 100s of them and if they get bent or scratched they don't lose value like a shit rolex
Rolex doesnt either
What are they saying at 1:02?
My best watch is a citizen 😭 but I’m obsessed with luxury watches because I love torment
New sub, awesome channel! What is a “scrambled serial”?
Luxury Watch ⌚ Education 🏫 101 😸👍
If people in New York are paying those prices I think Marco and Anthony would open a store there! At those prices it kind of explains why he has a case full of watches still
My brother bought a big box of miscellaneous stuff at an auction about 10 years ago and when we got home we found a Rolex green dial sub mariner in the box. This watch was in amazing shape but we didn't no if it was real or not so he took it to a pawn shop and the guy looked at it for like 30 min and he said I can't tell but If its fake it's a really good one and he offered my dumb ass brother $200 for it and he took it like a fucking idiot. The guy acted like he was really taking a risk paying him 200 for it. The auction had a lot if other really high end stuff from the 70's and 80's and there were 2 Tiffany Lamps also in the sale so I am saying it was legit and he got fucked.
If your brother was happy. then he was happy.. If he wasn't then he would've held onto them and went some where else..
My brother did something similar (many many years ago) however he held onto it, found his "shit" was real and never sold it, the family of the guy he bought it from contacted him later and gave him the box along with original receipt(s) purchased through the base exchange, he (my brother) still has it till this day, the man (army vet /officer) whom my brother dealt with had passed, he was super old (war vet from ww2 era) and prior to passing had ask his family to make sure "that kid" got what he thought he had lost and make sure it went to the new owner (my brother), my brother knew the family (well the old man more) he use to help the old man around the yard, car maintenance, doctors appts and such because his semi grown kids were to busy and he told my brother he would sell him (something to remember him by, my brother even visited once a week when he was in hospice care) his watch as long as he "respected time" (he gets it now, hence why he wont sell it) paid the old man around like 2k (back then 2k was alot, our dad lent him the $$ he was short), as of today the watch is worth ALOT.
It has been appraised several times by several different people. Yes my brother paid our dad back. lol He wanted his money too.. Our father served and was aware of the base selling/ordering stuff like that so he was cool with helping my brother with the difference.
Talk about a come up, he though for awhile he got taken advantage of, rather it wasn't that. He was given something/paid into something considerable worth alot.
He knows what he can fetch cash vs auction and money isn't a motivator for him, he says "timing is everything" and "when the time is right he'll let go" and Id have to agree because its his call.
Im proud he hasn't let paper currency backed by nothing change his mind set. Very proud of him, either way what ever he chooses its his business and I respect it.
A pawn shops objective is too make money the place too take it should of been Rolex store not even a jewler or A dealer
I only buy from the AD these days, way too many really good fakes and prices from he grey are insane.
Getting some views Anthony lol!
That last watch they sold goes for around $206,000
Sports Card market is inflating right now too. Stuff is crazy.
Remind me
What do these things do?
Still cant believe people waste this much money on a watch
I have a Camouflage Timex Expedition camper paid €38.00 euros for it and it does me the finest I'm a hunter and fisherman and its a cool watch. All that inflated bling not for me lol
damn these people knows their shit
People spend so much money on watches that aren’t niche😂
The market for luxury watches is what surprises me. Not my forte' or interest, so I didn't have any idea. Interesting that people regularly blow $20k-100k on a wearable timepiece. Must have F.U. money. ;-)
It’s a wealth game
It’s not blowing money if you’re in it for enjoyment and collect them or if you want to make a quick flip literally anyone who comes into any money and has never had a Rolex will come in and buy one lol . They hold value way better then cars or other Luxury goods
"just needs some oil" yea... I imagine this guy selling used cars too
I recently inherited a Rolex from my uncle upon his passing. He purchased it in 1970-1971 while he was in the Army. I don’t really know anything about watches, but have had multiple guests to our home comment on the piece. It’s an Oyster Chronograph that has literally NEVER been worn, it still has a sticker on the case that says “6263”, along with the purchase receipt, box, warranty and miscellaneous paperwork. I don’t think I’ll ever wear it (because I don’t wear jewelry and my uncle never wore it) so I’m fine to leave it in its display case until I pass it on to my son. Any recommendations on storage/display to ensure it remains in pristine condition for another 50 years?
I'd put it in a safe with the important paperwork (insurance documents, wills, etc.)
Just my own thoughts, all the best to you and yours 🤝
don't wear it... that sticker and papers are half the value of the watch... get it appraised insured and then buy a nice copy for a few hundred that you can actually wear and smile knowing you have a 100k watch at home.
Bank... safety box... anyone can steal a safe
@Jeff Is that a typo? The watch is potentially worth 100k!?!?..? Jesus… I guess I actually need to take it to a professional and see what they think I should do. The receipt says my uncle paid a little over $300.00 so I just assumed it was worth around that.
@@jacksonbauer5199 obviously there are many factors but a unworn oyster, with sticker with supporting documentation is worth quite a bit. There was an unworn 1971 mark 2 dial oyster/daytona (with the screwdowns) that appraised for 500-700k last year. Even a non oyster marked dial is still worth a lot in unworn condition.
It’s very interesting this market for expensive watches…..first.. I feel people are not wearing watches anymore nearly as much as the old days….plus these watches last forever….so like old harleys there’s tons out there…..plus Apple Watch has taken over for its phone use….plus digital watches can set a alarm….plus there making about one million Rolex’s watches ….every..yearly.. (high estimate)…….plus knockoffs. …plus. China well made counterfeits…man that tons of watches…out there…supply and demand. Got to crap out sometime…but so far I’m wrong…
Ok I get it …date night….out to the club…..shoot craps,,,but that’s for Rich baby boomers and Old people…I don’t think millianys care about that …the next group of rich people (60 million strong)… there video game…Apple Watch…. cell phone with time people..so I can only speculate that this is a losing proposition…it’s not like buying a 67 corvette. Only so many…….And besides that I don’t like wearing heavy watches…so a lot of people feel that way …that said ..I would like one…. Lol. but I got to keep myself in check….as for a investment….I see it as a losing proposition…long time to sell by your self….dealer gives you 50 percent of value…but I could be wrong.
crazy to me that people will spend 50K on a watch only for it to get stolen or damaged.........i would never flash that shit in public lol get robbed in any major city.
Gun and Insurance
@@tylershuff6986 here in CA its virtually impossible to get a concealed carry permit, sucks living in a communist state lol
Or the fact they can afford to buy them yet lack the respect to wear masks around other humans. What complete tools.
@@D4dof3 what the fuck does wearing a muzzle have to do with anything lol so random. You know they don't do anything right?
here's me thinking my Movado is bad ass..sucks to be me I guess..
I get the slimiest feeling watching this; one wrong purchase and you're screwed out of thousands of dollars.
Me too man way to many scrambled name brands
Know your shit its easy
Pls just post a full length video already
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No the green palm and blue motif are the hot ones. Sorry
3:00 why even continue standing there?
Your reposting the same content with different edits?????
Yes
Love me some marco but anthony gives me anxiety. And more on the most famous one of them all ' darby'
Hi Travvy
WTF is with these filters on Marco?
RM so not worth it... and the hustler's AP just looks gaudy and oversized
Is it me or Marco's eyes are offside?
Is it me or Anthony's tounge is offside?
I get the idea that a watch dealer should not buy from another watch dealer because you want to get a deal and in doing that the seller is not making a a prophet. How would you like it if someone came into your shop and wanted to get something for almost nothing.
prophet* lmao
@@stateradio115 no it just seems that some Don't want to loose money and others don't mind. I noticed how irked he seemed after the watch dealer didn't want to cut him a break on a watch that the potential buyer wanted to make a profit on.
Don't know how I ended with Rolex videos on my recommended, but I'm over here with barley $20K in my savings, trying to figure out how to buy a second property to try and make a little side cash, and we have dudes spending double that on a shiny watch ⌚ 😭😭😭
Like, UA-cam, yea, I mean, I know I'm broke AF, why you gotta recommend stuff like this and rub it in hard?!?! 😭😭😭
Fuckin ell.. 😂😅😂😅
How you got 20k
@@RxTerps
Savings from over the years.
And I'm reminded it ain't sh*t while watching a few of these videos lol 😅
I don't really like Rolex but I do wish they made a 48 mm. 46 is too small for me at 6'5. I have just about everything out there that is a luxury watch 48-50mm and even though I am not crazy about Rolex you have to have 1 right?
Y’all should really be wearing masks. It makes you look so ignorant and I’m being polite as hell about it. No excuses at all. Grow up and show compassion to other humans.
SKL
I wear a Timex Ironman, $35. Most people don't even have a watch, they just look at their phone.
Just enjoy the video dude in your Timex
If it isn't a G-Shock I'm not wearing it.
That ironman is a pretty cool watch - you could flip it for 35.20 every day of the week.
These flippers will all soon be slinging Beemers in the valley as soon as Rolex dumps stock.
You can talk shit about these guys all you want. However, they are taking the risks, buying inventory, selling it and making a profit. Hustling at trade shows and they know their product. 370k profit? Hats off. Easy to talk shit on UA-cam, but how many of the haters are making this money doing something they enjoy.
Same show featured in 3 videos. QUANTITY IS NOT QUALITY no need to overload with similar/same content, you want your subscribers to get notifications but not inundated. Otherwise good shit keep it up 👍👍👍
You apparently don’t understand how the UA-cam algorithm works coupled with how marketing works..
@@timepiecevideos You are correct, I don't understand how algorithms work , but 3videos of the same event is not acceptable because you want to make a measly few hundred bucks . Check out some of your buddies videos once or twice a week of fresh content. Anyway didn't want to come of like a dick , good luck . Petar
Meh… once you see a Rolex or ANY other “so called” fine watch in a plastic sealed bag is either used, in good condition or a fake. And IF THE price is over the top - disregard it. It’s not a safe purchase. Never pay for something that looks good if it’s not from an authorized source or without papers. There are so many scammers out there that it’s getting very difficult to tell the truth between real and fake luxury watches.
I thought this was filmed in 2000's based on the video quality until i saw the iPhone 13. You guys gotta up your game and start uploading in 4K, this looks like garbage.
Totally agree. I was like WTH? Then I went to your channel and watched your videos and the production of your videos is TOP NOTCH! Amazing quality.
Those ugly ass AP watches, won't waste a penny!
These folk come across as phony, made for UA-cam frauds. They remind me of that bounty hunter fraud here on UA-cam who always has a dramatic finish regardless of the circumstances. The goal is views on UA-cam, not the actual product. I guess that makes them similar to professional wrestling.
patty mayo? dude admits its for entertainment purposes. its pretty obvious his videos are staged and if you can't pick up on that thats on you. doesnt make him a fraud. these watch guys are all legitimate scumbags and liars. I could never work in this industry. must be exhausting.
Made up value