A Bit of a Rolex Market Dip

[@danielheyward8818]

What a great time to be a Rolex owner. I have owned a 116610ln black Sub since 2014. I am ready to add another Rolex model!

[@evh4611]

I am over Rolex. I moved over to other brands and i will never return to it

[@2steaksandwiches665]

This. I went to micro brands that I find more interesting.

[@roger5621981]

😅

[@Nexus.Achiles]

Prices are softening a little, but nothing crazy on the non-super hyped pieces. Everything is still way more expensive than one year ago. Glad to see you're keeping well, Christopher. I hope the results from the surgery are good. Take care, man.

[@TomHerck1984]

Im from Europe. How so is it dipping?

[@thegreatone1388]

Never buy from grey market dealers.👍

[@legendbodywork1313]

Wow I remember you from years ago I watched your channel I haven’t seen you in a few years but I remember you saying that you were from Cleveland Ohio or something of that nature but regardless love your channel love your topic and you’re just down to earth keep up the good work David from New York

[@angelacosta466]

Yeah I like the Rolex product itself, but the customer experience is terrible because of the availability and distribution issues. So for now I’ll just wait it out till I’m able to get it at an ad. I like walking into a store and simply buying what I want with no strings attached.

[@michaelduldner2262]

Hey hope you have a full recovery!!! There is so much wishful thinking that the market crashed, I think grey market dealers might have been pushing prices up and they got caught…for a minute. Prices might come down but I think gradually and that would be good for everyone, who is not a flipper. Would love to see that new air king in person! Take care

[@2024-s2n]

It’s all over red rover

[@JosephTyson]

Sound advice Chris. I'm sitting on my hands for the time being...waiting on the AD call... Be well.

[@Watch4Me]

Thanks for supporting the buy at retail push. I wear mine and I see them out and about as well.

[@bber45]

I saw some GM's selling the new GMT Sprite Left Handed for $80k lol. Thankfully, its just sitting there collecting dust and the GM is sweating since they overpaid for a super-hyped watch that no one wanted or asked for.

[@matports_live]

... and there in lies the issue - Rolex can no longer afford to have people walking into their ADs (especially their own singled branded ADs which aren't aligned to a chain such as Watches of Switzerland, The Hour Glass, etc) and not have any watches available for sale. I was in a reputable local AD recently looking at a couple of other branded watches... and I lost count of how many people came in looking to buy a Rolex and were perplexed that none were available for sale despite several hot models being on exhibition display. But in saying this, the market is not in a full scale crash - it's just come off the boil with the supply chain feeling nervous because the quick profits they have become accustomed to in recent years have suddenly gone to a trickle (i.e. the flippers and/or greys who've been caught short at the wrong time in the chain). If, like me, you have an interest in purchasing another branded watch at this time, it might now be a good time to play a little bit of hard ball with your AD i.e. "if I'm buying an (insert here IWC, Breitling, Zenith, etc) I want to package that with a new Rolex (but that might only mean a DJ, Explorer I 36, Air King - stuff that isn't going to bubble up too heavy the moment you walk out of the store or you might get lucky with a Sub or GMT with the flippers now suddenly declining purchases). I wouldn't be purchasing other brands without a significant discount or without packaging it together with a Rolex (or maybe even without both scenarios happening).

[@syndicatedsatellite7288]

Nobody paid $69,000 for that Rolex... A second hand watch dealer might have simply sold it to themselves...

[@josephperri5801]

Rolexes are great and all, but I’m so excited to see a future video when you say you’re doing better!

[@canada1966]

If it crashes I’m going to the ad and buying a rose gold Daytona or day date

[@srbell67]

Global economic slowdown; inflation (people being squeezed) and financial markets collapsing are changing sentiment

[@roger5621981]

People don’t blame Rolex is just the market we’re in. Try buying a house for cheap competing with every other buyer… yea I’ll wait here.

[@Bigrossaustin]

Great video man. 😁✌

[@boeing700]

Enthusiasts will be better abled to get what they want. Either through an AD, or better prices through a dealer. I don’t see a problem…

[@MP-rl4nd]

Very glad to see you, hope everything is getting better for you. God bless you.

[@neillupton]

I am sure that as the world has opened up (post covid) people are finding other things to spend money on holidays for example, therefore less people chasing the watches… grey dealers I think have realised having lots of high price stock may get to be a problem, as they may have to take a loss, so are reducing the number of ones they are buying.. and less buyers means a reduction in price to get more people interested to take a slimmer profit margin..

[@aussiej2973]

its been looked at 100 times ,all watches under 15 G are ok

[@ViolinistWilliam]

You are still the best!

[@singaporewatchcollector6262]

Going to add more Rolexes

[@niklasmeyer9660]

But you do understand that Rolex is only on the paper a charity right?

[@2steaksandwiches665]

The Swiss doing questionable things with money? You don’t say.

[@niklasmeyer9660]

In the video he was talking like he really thinks Rolex is a charity

[@2steaksandwiches665]

@@niklasmeyer9660 They were set up as a charity many decades ago. They do donate a large portion of their profits to charity. But I would not call it in and of itself a charity.

[@TwentyOne_Five]

Great to see you looking well.

[@the_shadow_realm5110]

Stay well dude

[@evh4611]

First of all, how are you doing

[@itscomplicatedwatches]

I’m okay. Gotta keep waiting for data basically so fingers crossed! I’m okay though!

[@coolgabe64]

Great to see you. In one sentence, stupidity drives the market. And there will be no increased production on Rolex either.

[@nerminsalkic6360]

All watch market is drop . . . Game over .

[@rolextalk9516]

Rolex made in USA haha thats funny never gonna happen

[@bbrebozo6417]

Have you considered that maybe some enthusiasts are maturing in their watch tastes to broaden their interest to other brands? Rolex fandom is the purest form of horological ignorance. Time to broaden your interests and maybe collect something that’s actually rare.

[@geno816]

I like rolex... but they aren't innovative. Where is the high beat movement. Display case back. Why the lazy releases (we made it green and made it lhd). Blah blah blah. Too many great companies out there who are making better watches. rolex has a name... but can't live on name forever.

[@pjyoung6730]

Rolex is for profit

[@roger5621981]

I’m sure you don’t work for free… everything is for profit Einstein… 😆

[@2steaksandwiches665]

Recession is coming and everyone knows it. The smart money is getting out of useless stuff like this. Crown and caliber had an air king for 14 grand two months ago. Four months ago it was 10 grand. Right now it’s back to 10. People found out there is a top people are willing to pay. Also, The dip in the market and people losing their asses on crypto is making a difference.

[@Johndoe10007]

You can’t just open up a Rolex factory simply because you can’t have thousands of people becoming watch makers overnight