Summary: 2:37: Girard-Perregaux 4:56: Ulysse Nardin 6:47: Vacheron Constantin 10:27: H. Moser & Cie 12:20: Tag Heuer
@taohsieh15564 жыл бұрын
FP Journe
@ahmedhishamdr84854 жыл бұрын
He should’ve done this list him self...
@thomasalundago63324 жыл бұрын
Thanks for the summary
@anthonyperry36994 жыл бұрын
Thank you for the summary.
@eat_a_dick_trudeau3 жыл бұрын
You are a prince among men.
@alejandra12p5 жыл бұрын
I buy watched because I like them , have from Omega to Timex , and I don't care about resale value. I am not a watch dealer, I don't give a shit about keeping the monetary value, I care about how special is every watch to me and to me only !!
@JohnPWatches5 жыл бұрын
Excellent cheers
@joshuacox5814 жыл бұрын
Do not care what anyone else thinks about your watch collection. Good attitude to have!!!
@adamrene32454 жыл бұрын
Love my Timex Weekender!
@lauroromero5293 жыл бұрын
hello mate, I feel the same way you do! love my watches , all of them and for the same reason, they are special to me!
@johnholtz12054 жыл бұрын
Watches want to be worn! Value is in the way they make you feel. That’s it.
@joshsmith78124 жыл бұрын
Yup
@devilzdandruff91994 жыл бұрын
Well there is something to be said for a quality watch made from quality parts. But many watches are ridiculously overpriced. People keep buying them because of the hoopla and then they’re scared to wear them because they might scratch or damage them. It’s comical.
@2steaksandwiches6653 жыл бұрын
So much this. I get just as much joy out of my Vostok amphibia as I do out of anything higher end.
@thekingofthisworld21543 жыл бұрын
I don’t know why people keep saying this. If one is going to put $5,000 or more in a watch, it’s not a bad idea to want it to retain most of its value should one must need to sell it.
@pjyothi65333 жыл бұрын
Maybe you would be happy with my watch and having it dropped 50% in value but I don’t think you’re speaking for most of us. I want a Watch that I can truly enjoy wearing, looking at, valuing it’s history but I do not want something that is going to annually drop in value
@giangvu79025 жыл бұрын
You are right about watches being a hobby as opposed to being investments. I could careless about the resale value of these watches and just enjoy them for what they are. If you have to worry about the resale value of your watches, then you should not be buying them in the first place. Buy what you can afford and just enjoy it!
@vilenationgaming4 жыл бұрын
Love my Tag. Don’t care if it losses value as I don’t plan to sell it
@JohnPWatches4 жыл бұрын
Well put
@Oakleyworld4 жыл бұрын
Of you dont plan to sell, then the resale value does not matter at all.
@chelious19734 жыл бұрын
Tag gets a bad rap from the uneducated. Buy Grey market new or used, no value lost.
@chelious19734 жыл бұрын
Andrew Lim. What model?
@chelious19734 жыл бұрын
Andrew Lim. Transitional 2000 Automatic? What is that? What model? You got what serviced? What movement? What was done with the watch. $1000 is high for a service. Done by who? Tag? Preety vague description.
@h.n.66415 жыл бұрын
I don't mind at all because I can afford the value loss. So I only buy what I like. I think the greedy people diving into the watch world searching for an investment destroy the fun for the real watch guys who love watches.
@JohnPWatches5 жыл бұрын
I wouldn't say everyone is greedy, but certainly speculators are holding pieces back from hobbyists, for good or bad.
@LeonXOV4 жыл бұрын
Same as sneakers man
@shobi_watchgrailclub62784 жыл бұрын
Greedy. So if u work 9-5 selling a product others want is "GREEDY" of ofering your IT serveces is "Greedy"? Were does this mentality come from (A.O.C)?
@omar102132454 жыл бұрын
@I *rolex
@les37304 жыл бұрын
@I Looks like you're the Joe Biden of commentators, who are clueless about what you're talking about.
@cheaney55 жыл бұрын
Agree with the overriding thought. Watch collecting is FUN. I'm sure there are people out there that can make a great living as a watch collector. Collecting watches for me is just to appreciate the art and the engineering of watchmaking. Once I've gotten a watch, it's pretty tough to pry it away from me because when I buy a new watch, I REALLY like it...and that's the way I think it will stay. My guess is the only time my watches will sell will be at my estate sale!
@Ranghocsing5 жыл бұрын
I enjoyed my watches even if the value degraded I don’t mind as long as it makes us happy
@JohnPWatches5 жыл бұрын
Ah yes!!
@hgm83375 жыл бұрын
In fact that’s good if you then buy second hand, right?
@chongyen79235 жыл бұрын
You sound rich
@Ranghocsing5 жыл бұрын
Chong Yen I’m not rich Watch should be enjoyed remember be satisfied always
@davidcoleman24635 жыл бұрын
I just got a Hamilton khaki field automatic and I love it . I know I will lose money on it if I sell it but I don't care. It is a nice everyday watch .
@PETERJOHN1014 жыл бұрын
I have a Hamilton field that has been out of production for 10 years in this format, I can get double what I paid for it no questions asked. Condition is key but if you only buy watches after they are out of production you can get them for half what they sold for originally and sell them for what you paid (or batter) a few years later. While this obviously does not apply to fashion watch brands it is not unique to luxury brands like Rolex.
@MeMe-dg4oh4 жыл бұрын
Thats a good wa5ch. Im thinking of getting the hami khaki king
@mitchgrimes33605 жыл бұрын
I've been collecting watches for 5 years now, but unfortunately didn't learn some of these principles early enough. I've bought a few watches at retail (TAG and Omega) early on, but similar bought the desirable watches at retail Hulk, Batman, and 5711 later on. I love all my watches and don't look at them as investments. Great content
@JohnPWatches5 жыл бұрын
Thanks Mitch! Well done :)
@rafgomez3333 жыл бұрын
If you bought Hulk and Barman at retail, then you really bought very cheap.
@sebastianungerer95662 жыл бұрын
@@rafgomez333 Not to mention the Nautilus 5711
@mikehoward99122 жыл бұрын
I collect for passion, not profit.
@mikehoward99122 жыл бұрын
Unfortunately, you can add Breguet and Zenith Both look better than the Royal Oak and 5711. I collect for passion, not for a few more dollars in the bank.
@kjvidyesh3 жыл бұрын
You are 100% right about TAG's being an impulse buy. I was once going to buy a tag at the top of Jungfraujoch!! Glad something stopped me from within at the very last moment.
@berreli4 жыл бұрын
Spending the money to keep a watch properly service kills any return on investment. Buy them for enjoyment, enjoy the good value on the secondary market.
@jakemcleavy49925 жыл бұрын
Tag heuer actually has a good resale value. I work in the pawn industry. Listing alot of high end items, tags hold their value quite well. I have a black and and gold formula 1. 1600 new, resale id get 1280. Not a massive hit
@rumporridge15 жыл бұрын
I collect timepieces and live by one rule....”never pay retail”!!!!!
@southpark67575 жыл бұрын
Absolutely correct!! If you want to look like the Jones' , you need to spend like the Johnsons!! For the price of one retail Tag, I have 3 near mint used ones. Just do your research.
@a1dookie5 жыл бұрын
Column Wheel where do you buy and not pay retail?
@gpearce115 жыл бұрын
mzoziety Good point. “Never pay retail... unless it’s a GMT Master II, a Daytona or a 5711”. Those you buy, then immediately sell and use the profits to buy watches you actually like.
@allenliu42244 жыл бұрын
Column Wheel Only PP steel
@buymac3 жыл бұрын
Then you’ll never get a Rolex 😂
@irvingescobar39775 жыл бұрын
I managed to snag my VC 47040 at a great discount pre-owned. Definitely loads of bargains if you look hard enough.
@tomkhong98285 жыл бұрын
Irving Escobar Congrats! Love VCO . I’m happy to hunt for a H Moser
@lettuce13055 жыл бұрын
While it's great to have watches that appreciate in value, just focusing on just the potential upside takes the fun out of the hobby. I've met people that hoard Daytonas and Kermit Subs but never wear them just because they would like to get the highest return possible when they sell the watches. I know someone that actually likes JLC and Panerai better than Rolex but chooses to buy only Rolex just because of the resale value and it's just really sad. Besides, if you are just looking for monetary gain there are other investments out there that give a better rate of return than watches if you do your homework.
@Watchatete5 жыл бұрын
Tag Heuer pre-owned is a bargain. I am seriously considering buying a pre-owned Grand Carrera Caliber 36. Originally at 8k GBP now resales for just below 4k GBP. And an El Primero movement and original caliper chronograph. What not to like. Only Zenith watches are also dropping in prices as pre-owned. So a rainbow flyback watch can be also picked up at bargain prices. Zenith was worth inclusion in the list JP.
@danieltadros32624 жыл бұрын
I have a better idea. Use your phone to get the time. It is much cheaper and you get the same result.
@tricky92x2 жыл бұрын
@@danieltadros3262 Do you watch movies on your phone? Seems like you would think it's the same experience.
@ghettotraveller20274 жыл бұрын
Glad to hear that VC lost a value.. it make me easier to buy my holy grail the overseas ❤️
@mikehoward99122 жыл бұрын
I would love to have an Overseas. Patek has the ugly Nautilus. Sooo sick of Royal Oak. A one trick pony. Peace
@joostverschuur89252 жыл бұрын
Unfortunately, that’s not the case any more with the Overseas…
@desjon60124 жыл бұрын
I don't buy second hand watches I rather pay retail and enjoy knowing I am the first and only owner. Watches are a very personal item and they pick up a lot of dirt and dead skin over the years of wearing. As long as the watches you buy are kept for at least a few years and enjoyed the value lost does not matter.
@tmitchellw10005 жыл бұрын
I agree with you, John. Collecting is about having fun with the watch's. My first Automatic was a Tag Hauer Professional dive watch. I loved it. I eventually traded it for something else. You made a comment about Vachron using JLC movements. I'm not certain, but I think that there's some kind of relationship between the companies. Back a few decades ago I was looking for a JLC Mystery Dial with the diamonds. I found a Vachron that was exactly like the JLC that I was looking for kind of cheap. At that time I had never heard of Vachron so I passed it up. That was my biggest watch collecting error. That is why I think that Vachron and JLC at least have a relationship like Rolls Royce and Bentley has. Today, I'm kind of into Seiko. I think that Seiko is the next big thing. I don't think that anyone can go wrong, long term, with any of the automatic Seiko's. I do, kind of shunned the SKX and the 5 because I don't like the shared movement, but I love the SRP's
@JohnPWatches5 жыл бұрын
There was movement swapping for some time. Cheers!
@AliasEveWatches5 жыл бұрын
Watches as investments is a really bad idea for the average person. Unless what you’ve got is a really rare piece, the prices will just keep going down. You’d also need to be connected with the Richie Rich’s who’d be willing to buy it from you. From my experience at least in Asia, when it comes to jewelry/watches/cars, people will only buy secondhand if it’s significantly below market price. If looking for investments, dont go for watches. Only buy watches what you like!
@JohnPWatches5 жыл бұрын
Well put !
@aleximd92445 жыл бұрын
For 6 months I hear 2 things rolex and resale value. I am going to take my pills
@mike-uw6wt5 жыл бұрын
Even the ones that go up in value doesn’t make them a great investment. How many watches can match the return of the S&P 500 over the last 10 years?
@AliasEveWatches5 жыл бұрын
austin rosin Great job on being up $200!
@faizsani5 жыл бұрын
Grand Seiko too. Great pieces, pre-loved.
@JohnPWatches5 жыл бұрын
Good choice.
@bigchiponmyshoulder75735 жыл бұрын
Great point
@rwolfson19354 жыл бұрын
It's not the destination, it's the journey. Have enjoyed the buying, trading and selling and the education from same. Great lesson from J.J. at Dallas Watches: "There's a lot of chicanery in the watch business." Know from whom you buy and with whom you trade. Great subject, thanks!
@npcforyou5 жыл бұрын
FINALLY!...a breath of sanity concerning watch investing. Thanks JohnP 💕🕵🏼♀️
@JohnPWatches5 жыл бұрын
Thank you !
@jerrymathers115 жыл бұрын
I just tried for the first time to give Tag a chance. I admit to bypassing them for a long time because of their low regard in the watch community. When I saw the Monza heritage piece in all black, I loved it and bought one from a reputable seller on one of the forums. Well, I sent it off to Tag for service immediately because it was gaining 25 seconds a day, the 30 minute counter hand wasn't centered and because the minute hand would not keep up with the running seconds hand (it was always off the correct minute marker after a full minute). I got the watch back after two months and $300, and they completely scratched the black coating off on either side of the crown between the pushers (and not light scratches) and never addressed the 30 minute counter hand or the lagging minute hand. This was after repeated calls to them to make sure they addressed these issues and I was given assurances many times over. Needless to say, it is no longer in my possession, and now I have quantifiable first-hand knowledge of why I'll never touch a Tag again.
@bigchiponmyshoulder75735 жыл бұрын
Tags are pieces of crap. Nothing else to add. Sorry!
@JohnPWatches5 жыл бұрын
Wow, sounds horrible :(
@jerrymathers115 жыл бұрын
@@JohnPWatches Yeah, it was. Especially after waiting for so long. I was really looking forward to getting it back "like new" because I think design-wise, it's a head turning watch. It just proves the old adage that you can't polish a turd.
@h.n.66415 жыл бұрын
@@bigchiponmyshoulder7573 you don't have a clue.
@h.n.66415 жыл бұрын
This is a very strange story. The first problem is that you bought a broken watch. To break one of the good Heuer models you really have to treat them very bad. So it was just a bad purchase. Second: To send it in then and pay 300.- is fully ok. You will pay that with every swiss brand. And it is not their fault that you send them a banged up watch. 3. I just don't believe that they made it worse. Sorry for that.
@MrFlussaal5 жыл бұрын
Well, any watch that isn‘t: -Rolex steel sports watch -Nautilus or Aquanaut -most of the Royal Oaks -few limited Omegas
@JohnPWatches5 жыл бұрын
Generally true. Those hopping into watches from these brands or branching out from them should know :)
@francisdelacruz6439 Жыл бұрын
It’s fun rolling with different watches but low resale value makes that prohibitive so preowned that you can resell at similar prices is key to getting a variety of watches yearly. Like having a yearly budget in terms of how much you can lose on watches.
@tomkhong98285 жыл бұрын
Great topic John! The resale prices depends not just in marketing, management plays a big part too. Brands under both Swatch and Richemont groups normally don’t do so well. Jaquet Droz, Blancpain and even Glashutte Original are great brands but are suffering .
@richardman284 жыл бұрын
All watches lose money at the current moment apart from some rolex, AP and patek phillippe pieces. As a collector for 20 years I can tell you all Watches are not an investment, it is a hobby or an enjoyment of owning a time piece you like. At the current time with covid 19 amongst us, I think within months, all watches will lose money when purchased at retail price.
@paulstewart22995 жыл бұрын
John, I’m glad that both you and Fed you talk about all watch brands and give your opinions on these. I’m getting a bit fed up of some people only talking about Rolex, I know Rolex is a great brand (I own a couple myself so I’m not disrespecting them) with great value retention but I like lots of brands whether they loose value or not. It’s good to hear the pros and cons of the wide range of brands which you cover. Also the Delray website has some brands that I’ve never heard of before (not that I’m an expert) which look great, could you cover any of these for future topics ?
@Dunkaroos2484 жыл бұрын
Timing is everything when it comes to resale. Example: about 4.5 years ago I parted ways with my 114060 ceramic sub. I bought new for $6700 (good value) but when it came time to sell, I got my ass handed to me. If I had waited a few years I could have sold it for more than I bought it for. You never know when a brand or model is going to be in high demand sometimes
@prredo5 жыл бұрын
starts at 2:37
@viper04193 жыл бұрын
VC Overseas is now appreciating.
@scottsj46255 жыл бұрын
John P. There are other brands that you can get good deals on the used market that are very hard to sell new and watch dealers usually want nothing to do with them unless they get them super cheap. Tag Heuer, Breitling, IWC, JLC and Pams. I have a buddy that was able to get Breitling for 1/3 of MSRP, I have seen IWC going for 40% off MSRP at Sams club. You can get Pams 50% off now. Good time to buy at the depreciated level than buying new and if you need to sell it only get may be lucky to get 25% of what you paid new. So best to buy used or new at steep discounts. These are watches to be used and enjoyed. You will not make money with them. I think Only Rolex and AP, and some AP are going up in value year after year and hard to get stuff goes over retail. I am not into dress watches as I only wear them to funerals and weddings. There are many brands I never heard of that make decent watches. Vintage watches would require too much typing for me, but I have an interest in them and the main reason I subscribed to this channel. Take care.
@romanopeterj5 жыл бұрын
I also believe many watch brands don’t invest enough in marketing which can impact the strength of a brand.
@JohnPWatches5 жыл бұрын
Well said.
@hgm83375 жыл бұрын
Basically the second hand price tells you the real value of the watch,.. ie less the marketing fluff mark-up imho
@Chris-es3wf5 жыл бұрын
That's probably the stupidest thing I've ever heard. Price and value aren't the same... smh
@hgm83375 жыл бұрын
How so? Sorry confused by my own stupidity,.. the value of anything is what someone else is willing to pay for it, I thought
@florishaze26235 жыл бұрын
@@hgm8337 it depends. If you look at the value the piece has without any emtional/status added. Then the statement you made was wrong. But the true value if looked at everything is always the 2nd hand market price (Unless you count buying from an ad as extra value). For me it is somewhere in the middle. I don't think rolex watches should be valued at their premium on the 2nd hand market. So I think what he meant was that because of people seeing it as an investment they don't really look at what they would value the watch and therefore increase the price without actually thinking it is worth that much.
@locutusdborg1265 жыл бұрын
@@florishaze2623 Chuck is correct, and your opinion carries no weight. A watch is worth what someone will pay for it. Full stop.
@skateboarding1184 жыл бұрын
So I guess Seiko watched are pretty crap, in addition to any other ‘value’ brand. And PP watches must be worth 125k because they’re that much better than a $10 Casio with much more advanced quartz technology. This line of reasoning is BS and does not actually reflect reality imo. Yes Rolex makes good watches and are partly priced high because of that, but the vast majority of the expense comes from branding (especially above the entry-level models), which has been cleverly engrained into our social consciousness so much and for so long that it is reflected in how much we are willing to pay for it (which, going by your logic is representative of the inherent value of the watch rather than marketing ‘fluff’). So no, I disagree that the used price of a watch serves to reflect its intrinsic value alone.
@raven_of_zoso455 Жыл бұрын
Breguet prices too are like a lead zeppelin... It's kinda crazy to see those beautiful Type XX sometimes sold under $5k, and their wide range of super tasteful dress-watches too are sometimes sold way below retail. But, good for me who want's a Breguet (as a life companion, not as an investment)..
@dragonmaster78415 жыл бұрын
Value loss in large amounts in no particular order: Omega, any German watch, every Asian brand, hublot, Rolex except sports models, every Panerai, AP, Vacheron, breguet, JLC, movado, franck muller, montblanc, etc etc etc
@MrGonzie5 жыл бұрын
Hi John, i live in the caribbean and i visit Curacao every 2 months for work. You were spot on with the sellers at the ADs. They mostly deal with cruise ship visitors and capitalize on the impulse buys. Offer the 10% etc. However, the staff are well trained and knowledgeable. Heading back in September, lol
@JohnPWatches5 жыл бұрын
They are sharks! lol
@jamesnash72625 жыл бұрын
hey John, i'm with everyone, great video, look forward to new studio. love to hear your take on flip-side...5 most over-priced/pretentious brands.
@watchchat4 жыл бұрын
I tried watching Federico, I can’t. I’m glad you shoot your own vids.
@terryduncan57184 жыл бұрын
My wife bought me a 50th anniversary Omega Seamaster Gmt auto for our 15th anniversary...l loved that watch ...it went diving all over the Caribbean never missed a beat...l had to sell it because of a rough patch..my wife was killed in a motorcycle crash l sold my Omega...broke my heart ...later on l bought a Tag Aquaracer....nice watch but l really miss my Omega...Rolex is over priced in mho....pay for the name...I'll take an Omega anyday over a Rolex...
@richardmasters84244 жыл бұрын
Terry Duncan - sorry to hear of your loss. FYI - my wife bought me at Speedy 3 dial automatic for the turn of the millennium and I’ve been wearing it every day since. To me it is the perfect watch.
@drwindsurf5 жыл бұрын
Fantastic list and very thoughtful video as always John. I think it is interesting that I have never mentions Blancpain...they seem to lose about 50% on the used market. A very good reason to buy used :)
@JohnPWatches5 жыл бұрын
Good option for the list. Blancpain does have some cool pieces. Cheers!
@tricky92x2 жыл бұрын
As soon as I saw the title, I knew Tag Heuer would be mentioned. And, I'm a fan boy. Great advice though on buying either second hand (or on the gray market).
@TheArtenez33 жыл бұрын
Never heard of the other watches for it being Swiss except Tag Huer. I look at Tag Huer as a watch catered for NASCAR race drivers because of legendary action actor from the 60's Steve MacQueen owning one and the carry on of his legacy. Another one to cover is a Breitling which I associate with Airplane Pilots like John Travolta. I think you should also cover the age demographics because I worry about these watch brands since milleninals don't buy into this. I see them with digital Smart watches like an Iphone watch or Samsung.
@Romio6662 жыл бұрын
The new generation would still buy a luxury watch only when they get famous and rich
@2steaksandwiches6653 жыл бұрын
Why do people care about this? My grandfather gave me an old Hamilton watch from a long time ago. I adore it for the sentimental value even if it is worth nothing to someone else. Buy and wear what you like. New watches/new cars are almost never investments. Buy, use and enjoy. Then give them to the next generation. I like the speaker's message about just enjoying the watch and ignoring the numbers. It becomes a commodity.
@TheFPF4225 жыл бұрын
If there is a thing I don’t care about is the resale value... and that’s true for everything I ever bought... houses... cars... watches... etc...
@gonnahavemesomefun5 жыл бұрын
Pierre-Andre Labeau> I read that rich people *only* care about resale value, and that is why they, and their future family, is/will continue to be rich 🤷♂️
@TheFPF4225 жыл бұрын
gonnahavemesomefun I hope it makes them happy... I was and, since 2008, I became poor, handicapped and ill... (MS and Cancer) ... so IRDGAF about that resale value... but when I was, the crowd didn’t care either... The only thing that everybody should care about it... Do you like it? Will it give you pleasure?
@princeofpenangisland5 жыл бұрын
... Wife.
@hgm83375 жыл бұрын
Said no one ever 🤣
@germantrujillo74955 жыл бұрын
Pierre-Andre Labeau Look at it this way: instead of buying watches from these brands at retail prices, look them up in the used market and you may get really awesome deals!
@sholemepstein2 жыл бұрын
I tend to buy pre-owned and always buy what I want to wear, as a result I don't care if a watch depreciates immediately and I don't consider re-sale price. As a result some of my watches have gone up in value while others have stayed the same or gone down and it does not effect my feelings for the watch.
@AKSD19855 жыл бұрын
GREAT Video John. I am fan of Federico as well. I watch his videos all the time. I have entry level watches ranging from quartz fashion watches to Eco drive/solar to Automatics. I do not see as I will make any money from any of my watches. You have to invest lots of money into those watches that will hold a lot of value and even make you money. Unfortunately, like most, I do not have that luxury. I like the hobby, but once my 6 winder + 7 slots box is full, I will take a big break.
@JohnPWatches5 жыл бұрын
Great perspective!
@lewisjones33455 жыл бұрын
The Autavia chrono and the Monaco gets quite a bit of love, but the Aquaracer and Formula 1 (unfortunately for me because I personally own an Aquaracer with blue dial and the Batman homage F1) don’t get a lot of conversation in the collector community. Tag’s reputation takes a hit because they make quite a bit of their catalogue in quartz and don’t do a lot of in-house movements. Lastly, Tag is owned by LVMH, so there is a level of ‘hate’ because of their parent ownership group being a high fashion business not just a traditional watch business.
@doctordave_2 жыл бұрын
You should talk about the go to watches, the beater watches like the seiko turtle or the g shock mudmaster. I have the expensive watches, but I'm not going to wear it camping, fishing , riding my bike. Is there a beater equlivent in the luxury line? I guess Tag Heuer is your beater.
@fmacdonald75575 жыл бұрын
Nice to hear some one state different countries go for different brands , in China they go for Tudor instead of Rolex. In Poland it's Zenith and I believe in the U.S.A the Breitling flying B is popular as well as Franc Vila which never comes up on vlogs. But I am affraid that all theys vlogs are pulling the watch market down buy sencebal gray market leave AD alone and enjoy your watch....
@greg2502 Жыл бұрын
In Italy Eberhard & Co is very popular
@evh46115 жыл бұрын
Girard Perregaux Laureato is a stunning timepiece. But still, ca 6 or 7 K is a lot of money.
@chookchack3 жыл бұрын
Your tag heuer was on point in my case. Impulse buying with AD’s promo. 50% off retail price.
@howardjdownes4 жыл бұрын
The internet has helped improve many aspects of society. However, as someone in their sixth decade, websites have not merely inflated but undeservingly been responsible for the grossly expensive price of numismatic coins, watches, and virtually every collectable one can think of. Also, you mention the Far East market. How can anyone apart from an experienced expert tell the difference nowadays between so-called reproduction watches or fakes which have flooded the market. I would appreciate advice on this. New subscriber. Thanks.
@TheBithen005 жыл бұрын
The Girard Perregaux Laureato definitely on my list!
@JohnPWatches5 жыл бұрын
Nice watch
@romanopeterj5 жыл бұрын
I agree I tried one on at an AD and thought it was very nice, would never buy it new.
@sed65 жыл бұрын
Great video with good lessons. That said I'm not too worried about losing money on a watch. Every consumer good I buy from my car to clothing to electronics to appliances all lose value. Many of those things go to a zero dollar value when I throw them away or give them away years later. However my diamond encrusted Tag Aquaracer (bought used) will still have some value when sold a decade or two from now.
@trevorhofmann15623 жыл бұрын
I mostly buy pre-owned, and recently was able to purchase a near-new Mido Commander 1959 auto ($1,150USD retail) in unworn condition from a local seller (full kit, with receipt, plus met at AD to verify) for the equivalent of $220USD. Mido, while only an entry-level luxury brand, might be a good fit for a list like this, as I've seen some of their other models selling for considerably less than retail too. It's a relatively popular brand in Europe, Asia, Mexico and some other jurisdictions, but not so much in the US or Canada, where I live. BTW, have been tempted by some great GP deals recently, and will start looking for a pre-owned H. Moser as well. Thanks for the great content.
@diegoog36545 жыл бұрын
Another 5 (in no particular order) : -A Lange & Söhne -Omega -Breitling -Grand Seiko -JLC
@greenpulp.5 жыл бұрын
Never found a gray market Länge for cheap price lol
@greenpulp.5 жыл бұрын
@Mark Michael I wouldn't mind get 30-40% off on a Länge! Personally, I think I prefer to spend the money on Länge then the premium prices for some Rolex which end up being the same. I think the Länge gives your more quality and working skill then a Rolex.
@diegoog36545 жыл бұрын
@@greenpulp. maybe not "cheap", but "cheaper" considering RRP and value for money... Bare in mind, these are some of the best watches on the planet.
@EranBuhbut5 жыл бұрын
I got a tip from a friend who is involved in watch dealing about Breitling losing 40% of their resale value once you get them out of the AD, as a rule of thumb almost. Do you think it's right? Sounds right to me but the turnaround they are making at the moment might change that...
@JohnPWatches5 жыл бұрын
Closer to 60% or more
@EranBuhbut5 жыл бұрын
@@JohnPWatches on that basis, I guess Breitling is no.6 on your list haha
@stanrytan62455 жыл бұрын
Thanks for the tips. Many Rolex Datejust losses a lot of value when purchase new when a person desperately need to seek to pawn shop.
@JohnPWatches5 жыл бұрын
True
@MrKimbo713 жыл бұрын
I’m a watch collector... I have a tag F1 as my tool watch... cost me 2k Australian I beat it up every day and I work in heavy industry “chemicals” you’d be amazed at what it can take...
@samon_kurowassan4 жыл бұрын
What makes investing in watches much less fun is short term speculation, when you buy it to sell after 3 yrs. But if you invest long term, you get to keep your money and enjoy the watches as well ☺👍 It's more of a commodity, watches are meant to hedge inflation rather than make money from it. I collect Rolex for the same reason why Warren Buffett likes the company 😊
@kronikinsomniak5 жыл бұрын
The brands that are heavily discounted brand new in the gray market just means the watch brands are obscenely overpricing them. ADs sell to gray and still have to make some money in the process. All this tells me is the crazy mark up these luxury brands are demanding despite lacking the required brand status and prestige.
@thewatchzealot5 жыл бұрын
You get a 👍 for heightening your chair. Much better, John 'Master' P
@JohnPWatches5 жыл бұрын
Platform shoes. jk lol
@toddbedocs73625 жыл бұрын
Agree with most but how is Breitling not on this list? The only way to purchase them is pre-owned or grey market.
@h.n.66415 жыл бұрын
Which brand not besides Rolex or Patek?
@JohnPWatches5 жыл бұрын
I've beat up the brand enough in recent times. It is a shame to see a brand with real history become wrecked by penny-pinching investors.
@toddbedocs73625 жыл бұрын
@@JohnPWatches Agreed
@Afzalmailrocks5 жыл бұрын
I was scared that this list will include iwc and Panerai 😂
@colinvanwijk57314 жыл бұрын
Tag Heuer Monaco is probably the exception.
@soyouwanttoknowaboutrussia72964 жыл бұрын
Just a thought on the video JP, I think it would have been nice to give an example of pricing to illustrate your point, say, take one example of each brand, give retail, give mint pre owned price instead of just saying significantly cheaper, etc.
@jackwakeman1485 жыл бұрын
Great episode, but it would have been excellent if a comparison of the msrp and pre-owned price of some of the cited brands and models were made. More power, John P!
@JohnPWatches5 жыл бұрын
Thanks! Good idea- I had planned to do that but I chose to avoid any tangible heartbreaks from current owners of the watches :)
@thibaud92692 жыл бұрын
Vacheron is no longer in that category though, many models are now more expansive on the grey market than retail
@resnonverba1372 жыл бұрын
Expensive?
@thibaud92692 жыл бұрын
@@resnonverba137 yes, typo, thanks
@TheMrFishnDucks5 жыл бұрын
With the Seiko Arnie being re-issued, time to hit the gym and bulk again. Another great video. Keep up the good work.
@casualsuede4 жыл бұрын
I think my tag aquaracer was a great buy. I got secondhand a couple years old at over 50% off retail!
@tomlucas42695 жыл бұрын
I bought a Gp wwtc small seconds it is an amazing watch. I wear it daily!
@JohnPWatches5 жыл бұрын
good watch
@tomlucas42695 жыл бұрын
Mark Michael , hi i. Go to work on a bicycle so it is strong enough to beat the road. It is a very classy watch. You feel much more upgraded then a Heavy Rolex sport watch
@davidmeier88604 жыл бұрын
It's a flawed premise since basically all watches (I know, there are rare exceptions) lose value. However, it's an interesting conversation nonetheless. VC shouldn't be on the list as I don't think the depreciation is nearly as bad as brands like Omega.
@markwolfson20234 жыл бұрын
Hi John! Although I had to purchase a more practical watch for my future retirement and travel, I have always admired the Heuer Autavia line. More specifically, either the Jo Siffert or Jack Heuer 85th Birthday reissues. Are these not both top quality chronos?
@zsb7074 жыл бұрын
They definitely are!
@pro-horsepunter55544 жыл бұрын
That's why I buy solid gold watches and real diamonds :)
@joseinluzon22185 жыл бұрын
Awesome video. Can also be titled- good watches available for great deals pre-owned!
@JohnPWatches5 жыл бұрын
Very true, thanks!
@marceauratard68695 жыл бұрын
I'm always coming back to the UN maxi marine diver, I really like the look
@JohnPWatches5 жыл бұрын
It's a cool edgy looking diver
@marceauratard68695 жыл бұрын
@@JohnPWatches what a good ball park for a preowned 44mm Maxi Marine diver in blue? Can you get one for under $3K
@mdo51215 жыл бұрын
Just bought GP beauty with an in house movement for 3.5 k. Won’t sell. Looking to other GP’s. Happy happy they are undervalued. Love them on the front end....do not care about the back end
@Peter-ok9bj5 жыл бұрын
JOHN can you do a show about Bremont watches. I fell in love with a Bremont BOEING model 247/WH/SS and bought it. Can you talk about how it holds value and quality?
@boostedlex5 жыл бұрын
Yup as long as your getting these pieces at least 50% off retail it's not bad I guess. Most are probably only worth a third of their original retail price on the pre owned market..
@rayseaman62045 жыл бұрын
I agree, watches should not be looked at as an investment. I you like the thing, wear it! If you want an investment, look into real estate or commodities!
@marinotoko4 жыл бұрын
The only brand that can get skyrockted in terms of market price is g-shock because it doesn’t even has a bit of gold on it but can get tripled in price although the functions of the watch is basic
@loborojo7773 жыл бұрын
It's 2021. I wish I could score a "cheap" VC or Moser. Great vid. Very nostalgic.
@lebohang84053 жыл бұрын
GP and VC are not mainstream and therefore have long investment cycles. Keep those for a decade and you are guaranteed a positive return to the retail price investment. I'll get those any day, everytime if I could.
@tbd16135 жыл бұрын
Hate to say but anything but RM, PP, or Rolex will lose value immediately. And even some specific watches in those brands will loose value immediately. Best to buy watches used like cars. Let someone else pay for the depreciation.
@JohnPWatches5 жыл бұрын
Yes- even some Rolex and PP lose immediately :)
@rosshilton5 жыл бұрын
Never lost money on a Rolex. Ever. Since 1980.
@tbd16135 жыл бұрын
@@rosshilton Doubt that claim.
@rosshilton5 жыл бұрын
george varughese Doubt all you like mate, these are the facts. 1. Rolex GMT Master bought new in 1980 for UKP550. Sold in 2004 for AUD4500. 2. Rolex Yachtmaster. Bought for AUD3000 sold two years later for AUD4000. 3. 1950s Rolex solid gold shock resisting. Had it six months and made a small profit. 4. Rolex Explorer 2. Bought new in HK in 1999. Chrono24 says its worth AUD10,000 today 5. Tell me what my Air King 11400 is worth, because I didnt pay much for that either. Even my 2016 114060 no date ceramic sub. I was offered AUD 12,000 for it and I didnt pay anything like that in 2016. I had a Tag Aquaracer - took me THREE years to find a buyer. Had a Longines heritage. GAVE IT AWAY! Couldnt get a single offer. Buy Rolex. Its money in the bank.
@rosshilton5 жыл бұрын
Mark Michael You cannot even buy many Rolex models without paying an above RRP margin. The ADs don’t even have them in stock....
@paulbonaventura49694 жыл бұрын
The “cruise” special is because LVMH owns the company that runs the jewelry stores... hence the Tag Heuer push. I actually like Tag and it’s my only auto, but pre owned. I agree none are investments to grow, but to enjoy. But what is the “Toyota Camry” of watches? Obtainable new but keeps value after years?
@juniortoledo80885 жыл бұрын
I love my UN dual time. The movement finish is great compared to others brands in the same tier.
@avarmauk2 жыл бұрын
Useful to know what loses value, might pick up a bargain and if you never plan to sell then winning!!!
@clawhammer7044 жыл бұрын
Iv got a tag for work and a older very nice Rolex for dress and casual wear when off work. All I'll ever need for a long time. If these ever get gone for whatever reason I'll probably go seiko quartz SS. They have some very nice ones out now.
@neil.milgausszblue89455 жыл бұрын
The Gen 3 Overseas is holding its value much better than other models have.
@drumsnmore25455 жыл бұрын
Neil.MilgaussZBlue * As is often the case with the trinity sport watches, the blue seems to be the one to get. I was told at least a 4 month wait - and discounts to are getting harder to get
@mickyeverton5 жыл бұрын
Many Thanks John, Peace From London. 👍👍
@menaseven90935 жыл бұрын
I think the Vacheron Constantin Overseas is more beautiful then the Audemars Piguet Royal Oak and the Patek Philippe Nautilus. It is unfortunate that VC watches loose value after customer purchased. VC doesn't have the social media hype of AP and PP that is why their watches lose value immediately. Tag Heuer manufactured beautiful watches but they lose value because they are sold mainly at department store like Macys.
@bombazine25 жыл бұрын
mena seven that’s the great thing about getting a used VC overseas. I currently have my eye on the current model chrono version, black with silver sub dials. A bargain at $22k compared to Patek and AP’s rival models.
@menaseven90935 жыл бұрын
@@bombazine2 nice
@fubaralakbar68003 жыл бұрын
I was gifted a Stauer at work last week. I like it...but I'm not sure what kind of reputation, good or bad, the brand has among watch lovers.
@blueeyes67654 жыл бұрын
John, how about Rolex Oyster Quartz ? Is it a good watch to start the Rolex collection ?
@christophersmith15185 жыл бұрын
Excellent video and topic, I wish you would expand that list. More novice buyers like myself need more of the honest opinions you drop.
@JohnPWatches5 жыл бұрын
Thanks!
@PETERJOHN1014 жыл бұрын
Don't overlook the segment of watch buyers who "trade up" by liquidating a discontinued model only for that purpose. And this is not confined to luxury watch brands like those you are discussing here. You can buy an out of production Hamilton, Luminox, Seiko, Victorinox, etc. and get at least what you paid for it a few years later. Right now I own a Hamilton that can easily be sold for twice what I paid ten years ago.
@pravinpandya30334 жыл бұрын
Omega too.
@gablexiii5 жыл бұрын
John, Really appreciate you making this content. Would you mind going over the Super quartz - quartz luxury watches I have been looking into the digital quartz Breitling B1 and the Aerospace along with the Omega X-33 would love to hear your input on them, also what is your opinion on Rado wathches? Its a recognised brand among the "normies" here but I have found watch you tubers not having or reviewing any of the models- what is your opinion on them?
@Goldenbaba4305 жыл бұрын
Lorenzo's Lllamas 9f quartz
@joseinluzon22185 жыл бұрын
Lorenzo's Lllamas I agree. I’d like to see more on super quartz. Among my automatics, I have an Aerospace (for 30 years now) and a Tag Heuer AquaRacer Regatta, Calibre S (Mecha-Quartz). These are not your standard run of the mill quartz watches. Like to know what else is out there!
@JohnPWatches5 жыл бұрын
Hi! I'll work this into my rotation soon
@gablexiii5 жыл бұрын
@@JohnPWatches Thanks for replying.
@gablexiii5 жыл бұрын
@@Goldenbaba430 Yeah forgot about the Grand Seikos.