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Why Fake Rolexes Hurt Dealers In The $20 Billion Used Watch Industry | Insider Business

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Business Insider

Business Insider

Күн бұрын

Пікірлер: 2 300
@MaddisonMcCabe
@MaddisonMcCabe 2 ай бұрын
igrotum is the only replica factory that sells and manufactures their watches themselves also have original serial numbers. That's why they are the best
@Kai11xirving
@Kai11xirving 6 күн бұрын
Bot and scam alarm 🚨‼️
@valley2129
@valley2129 Күн бұрын
Scam. Fake likes
@FreshlySnipes
@FreshlySnipes Жыл бұрын
You know what’s hurting Rolex more than fake watches?? None of its loyal customers being able to buy watches. They are alienating their customer base by selling their inventory to grey market dealers who flip them for 2x the price.
@SJ-bs8eh
@SJ-bs8eh 11 ай бұрын
Correct!
@CenturyPHirstCorporationInc
@CenturyPHirstCorporationInc 11 ай бұрын
The biggest buyer of Rolex I think is money laundering outfits.
@michaellee7841
@michaellee7841 10 ай бұрын
Hmm so why do I get a call from my AD asking if I want to buy Rolex every few months? Maybe it's you that do not have any real relationship with an AD and making assumptions. Only watch that I was not offered is the Daytona. Everything else, even Pepsi has been offered and purchased. And no I am not a flipper, just an enthusiast.
@megami215
@megami215 10 ай бұрын
Who cares. They are criminals anyway
@johan3612n
@johan3612n 10 ай бұрын
@@michaellee7841 stop being butthurt lol
@countdracular6204
@countdracular6204 11 ай бұрын
If a $500 fake is that good to challenge a $60,000 original .... the profits are nothing but vulgar.
@karimh9785
@karimh9785 4 ай бұрын
Vulgarity is the exact word that describe these brand’s behaviour
@KingslayerBeforeDawn
@KingslayerBeforeDawn 14 күн бұрын
A 500 dollar fake will be spotted from the inside. The better the watch, the more complex are the insides. The characteristics of the inside (movement) accelerate and that not proportionally to the outside characteristics. So a 500 bucks watch will only look like the real deal on the outside.
@LandryArri
@LandryArri 11 күн бұрын
​@@KingslayerBeforeDawnso you think the tag of $59,500 for the inside is justifiable?
@DominusSalus
@DominusSalus 9 күн бұрын
​@@KingslayerBeforeDawnspoken like a person that doesn't know
@sneijder023
@sneijder023 3 күн бұрын
The real scammers are rolex
@KittyCatComa
@KittyCatComa 10 ай бұрын
"Rolex would never put their watches in little Ziploc bags." *GIA certified jeweler pulls Patek from little Ziploc bag* lol
@largol33t12
@largol33t12 8 ай бұрын
It doesn't bother me. It does keep the band from getting dirty and scuffed up. I keep my $400 Swiss watch in a Ziploc bag when I travel and have to constantly take it off. It has no visible scratches on it except the clasp but that's unavoidable.
@mattkinsella9856
@mattkinsella9856 5 ай бұрын
​@@largol33t12I don't think the comment was about whether you should or shouldn't keep an expensive watch in a ziplok. It's that the customs agent in the video stated that it would never happen and it's 100% certain a watch in a ziplok is fake, which was proven untrue in the same video.
@SanlatteStobie
@SanlatteStobie 4 ай бұрын
the rich stay rich for a reason *suluxs*
@frankryan2505
@frankryan2505 3 ай бұрын
@@largol33t12 i use a travel case for my Pam
@ninosmall6843
@ninosmall6843 Ай бұрын
Yep. Rolex delivers their watches in plastic wrap to stores who unpack and place in correct packaging for display and sales. It’s like when you see a luxury handbag with plastic on the zips, it’s not something a consumer would see so it’s most likely always a fake
@dpie4859
@dpie4859 Жыл бұрын
That insider Business does this segment is almost 100% proof that we are already in a serious downturn for watch prices.
@syrialyze7654
@syrialyze7654 Жыл бұрын
Already has been. A good number of watches are down 60% or greater in pricing since 2021.
@rockysahota1
@rockysahota1 Жыл бұрын
@@syrialyze7654 market saw a bottom in the summer 22. The light bump back up and now back around the summer bottom levels. Let’s see we’ve. Most models back to retail. Some still command a premium
@zeruzio1345
@zeruzio1345 Жыл бұрын
If you see it in the news you've missed the peak.
@Ormodius3751
@Ormodius3751 Жыл бұрын
Sounds good for someone wanting to buy a watch
@NPrez-cv4jn
@NPrez-cv4jn Жыл бұрын
Yes and I love it.
@RottingFarmsTV
@RottingFarmsTV 10 ай бұрын
I think the point missed by the customs officer is that nobody buying a 300 dollar fake is actually going to be buying an 11,000 dollar authentic product if the fake was not available. Rolex did not lose this money, they were never going to get it in the first place.
@sayto_00
@sayto_00 10 ай бұрын
The problem with fakes is you can have someone buying something in the grey market, tell the person it's real, buy a fake Rolex for 8k. You can argue that they should've gone to an authorized dealer but they can have markups and more importantly the dealer hates selling to normal people. Even if you have the money, they won't let you buy it and put you on a wait-list until you shill out more money on other jewelry. So people go to the grey market.
@daylight3853
@daylight3853 10 ай бұрын
@@sayto_00maybe learn the signs a watch is fake if youre buying it from a non trusted source for 8-30k?
@auralplex
@auralplex 10 ай бұрын
@@sayto_00In that case, Rolex deserves it and can go fk themselves.
@capmidnite
@capmidnite 8 ай бұрын
The point is that these watch brand names are protected copyright and the counterfeiters have no right to use them. Even if theoretically a counterfeiter made a watch that was better than a given Rolex model, it would still be a counterfeit if it was passed off as the original .
@Roko__
@Roko__ 8 ай бұрын
Fake watches are really products that compete with the Original, fakes holding the original's name really isn't an issue if the original is worth by price to quality ratio, true capitalism realizes only the quality of a product and brand reputation has no place in it, If someone can make a better product than you, you shouldn't be able to outright stop the distribution of those products. Copyright creates monopolies and makes only a few companies have access to technology anyone can recreate.Its sad something like movement technology can be "pantented".
@MasoFoser
@MasoFoser 2 ай бұрын
There are rumors that igrotum has the Rolex database of serial numbers and sells replicas with the same serial numbers as the originals
@rr-mt9np
@rr-mt9np Ай бұрын
fake ahh comment and likes
@Transform_king_100k
@Transform_king_100k 9 ай бұрын
There are watches with the same serial numbers as the originals, and only one company, called Ziarex, sells them.
@capmidnite
@capmidnite 8 ай бұрын
I saw their website. How do they get away with openly selling these replicas which even use the trade names and model numbers?
@fuzzyschwartz
@fuzzyschwartz 8 ай бұрын
don't feed the bot, he is on all rolex replica videos@@capmidnite
@NariahHart
@NariahHart 8 ай бұрын
I was delusional before, thinking only China could make replicas, but now I know even Italy and Switzerland make them too, and ZiaRex is their representative.
@xavierdupuis2719
@xavierdupuis2719 8 ай бұрын
this site is a scam guys, please don't fall for it
@ChessRazn
@ChessRazn 8 ай бұрын
Ziarex is a scam. They bot comments on every rolex video
@SM-tf3li
@SM-tf3li Жыл бұрын
If it's so hard to detect a fake then the original is overpriced.
@thegamingwolf5612
@thegamingwolf5612 Жыл бұрын
Nothing is overpriced
@dhv2852
@dhv2852 Жыл бұрын
@@thegamingwolf5612 printer ink is
@juanisamazing95
@juanisamazing95 Жыл бұрын
@@thegamingwolf5612 a watch is
@RagnarokGenesis00
@RagnarokGenesis00 Жыл бұрын
@@Pipsqueak- and the type of person whos wearing the watch. If I see a person who works as a cashier with a rolex, who would even care, or even a person who is in board rooms with millionares. No one cares actually. American pyscho movie showed it best. It is the person who is wearing it tell the story that connects with themselves that's what matters. The fragility of society for validation when everything we can connect with our 5 senses are relative to how our brain can best understands it. Con man been winning since the age of dawn. I believe in quality > image/vanity however in classic classism society its the opposite. Only few has the real power, given a portion to the aristocrats for the illusion to control over the populous.
@icediverfull
@icediverfull Жыл бұрын
@@Pipsqueak- for 1% its 100% a shitty one Only watch nerds would recognize though. Nobody really cares about reps
@theotheleo6830
@theotheleo6830 Жыл бұрын
Customs guy: That $200 fake could have cost Rolex $11k in sales. People buy fakes either because they can't afford the real thing or because the cost of the real thing isn't worth it to them. So Rolex wasn't getting the fake watch buyer's business anyway.
@ifionlyhadaboat
@ifionlyhadaboat Жыл бұрын
You're assuming the fake would be sold as a fake. Many will be used to rip someone off.
@GlubisRomero
@GlubisRomero Жыл бұрын
Rolex ain’t losing anything because no matter what someone will buy it. They don’t keep stock
@nicholashahn3476
@nicholashahn3476 Жыл бұрын
Good nuf for gubment work
@jakevalentine3282
@jakevalentine3282 Жыл бұрын
seriously at that point just buy a Tudor, you’re getting bout the exact same watch. It’s real value for your money.
@theotheleo6830
@theotheleo6830 Жыл бұрын
@@jakevalentine3282 But if it's the same, why not buy the fake Rolex? After all, people who buy these fakes aren't buying because they desire a decent watch. They're buying for a cheap flex.
@Joe005
@Joe005 11 ай бұрын
“Buying fakes hurt dealers” Me: proceeds to play violin
@lynxlubbpeeps
@lynxlubbpeeps 26 күн бұрын
I clicked on this video just because I was curious about 'why should we care'
@mavericiyo5203
@mavericiyo5203 Жыл бұрын
Fun fact: Rolex the Company was the one who dropped $15 million on the Paul Newman watch at auction for publicity and to boost sales.
@FahadFSA
@FahadFSA Жыл бұрын
seriously?
@joshualebi
@joshualebi Жыл бұрын
@@FahadFSA yep, they have that watch in their headquarters
@omar10213245
@omar10213245 Жыл бұрын
Pretty brilliant business move if you ask me
@JoseFigueroa-yn1zd
@JoseFigueroa-yn1zd 11 ай бұрын
How I verify your story?
@kutter_ttl6786
@kutter_ttl6786 11 ай бұрын
​@@JoseFigueroa-yn1zdAt this point it's just speculation. Some people suspect that Rolex bought it, solely based on them making arrangements to have it displayed at the Academy Museum of Motion Pictures back in 2021, but there's never been any actual confirmation.
@Justmebeingme37
@Justmebeingme37 Жыл бұрын
Let's be real. They are still not worth all that. People are out of their minds
@CenturyPHirstCorporationInc
@CenturyPHirstCorporationInc 11 ай бұрын
The Grand Seiko is a bit near the worth of craftsmanship.
@Martin-hk1ch
@Martin-hk1ch 10 ай бұрын
Let’s be real, everything is worth whatever people are willing to pay. Margins are different on everything.
@azhariarif
@azhariarif 8 ай бұрын
So is your paper currency.
@alanchappell4845
@alanchappell4845 6 ай бұрын
A thing is worth what some one is prepared to pay for it
@DauntlessBlight
@DauntlessBlight 5 ай бұрын
Exactly… imagine paying 10k for a watch. I don’t care how rich you are thats just plain dumb
@killingmoon6974
@killingmoon6974 Жыл бұрын
I'm getting Uncut Gems vibe from this guy
@tuna9715
@tuna9715 Жыл бұрын
for suree😂
@ericp1139
@ericp1139 Жыл бұрын
You mean there’s a jeweler that doesn’t act like the Uncut Gems guy?
@vugarmurshudov3838
@vugarmurshudov3838 Жыл бұрын
I was looking for someone to notice it 😂😂
@Crabman_87
@Crabman_87 Жыл бұрын
Kosher vibes you mean...... L'Chaim!
@ailestriker9888
@ailestriker9888 Жыл бұрын
Saaaaaaame!
@PanCake-uu7he
@PanCake-uu7he Жыл бұрын
Imagine when a professional can’t see the difference between a fake and a real, goes to show that a fake at the fraction of the price is virtually the same
@ncc-pr8po
@ncc-pr8po Жыл бұрын
the movement is completely different but the casing is around the same (the movement is what makes the watch reliable)
@uglyraff9313
@uglyraff9313 Жыл бұрын
@@ncc-pr8po Correct but if a watch can tell the time, as any $5 watch can do reliably, then unless the person is an enthusiast or collector or wealthy, who cares. It's free promotion for rolex ultimately.
@ncc-pr8po
@ncc-pr8po Жыл бұрын
There are no mechanical watches that would be 5 dollars or even anything close to that available -- fake or not, and let for them to be anywhere near accurate and reliable -- the only movements that can be accurate at 5$ are quartz movements (battery powered), and as the name suggests, they're powered by a battery, that at 5 dollars, will run out very quickly. Another thing is that quartz watches are very different to mechanical watches (they're usually very loud) and look completely different. A quartz movement in a Rolex would be so obvious that even with no knowledge, you would be able to see the difference. The watches in the video that are fake, are usually upwards of 400+$ dollars because of this.
@uglyraff9313
@uglyraff9313 Жыл бұрын
@@ncc-pr8po I bought a €5 watch and the battery lastest for around 3 years without changing. Pretty damn reliable for something made to just tell the time.
@Arseization
@Arseization Жыл бұрын
But they can and they do. Also you said it yourself: virtually the same. It LOOKS alike, but you pay mostly for the movement and the associate cost.
@crBudgetWatches
@crBudgetWatches Жыл бұрын
I love how Johns son is deep into this traditional watch world and it is wearing a yes… you guessed it.. an Apple Watch.
@ScottieBMan
@ScottieBMan Жыл бұрын
I thought same thing smh
@JRudy17
@JRudy17 Жыл бұрын
It makes sense that you wouldn't wear an expensive piece of jewelry for everyday.
@soumyadityaagarwalla1517
@soumyadityaagarwalla1517 Жыл бұрын
I dearly value things 'mechanical' and craftmanship.. but nowadays, thses are not value man, these watches and the cheap ones show the same time.. thats no the case between premium smartwatches and cheap ones.. yes smartwatches don't last long, both battery life and its entire lifetime, but they are multitasking..
@dakmycat3688
@dakmycat3688 Жыл бұрын
Does Rolex provide updates and incoming calls. Or have face time?
@williamwill182
@williamwill182 Жыл бұрын
@@dakmycat3688 but a smartphone does, and guess what, everyone has one...smartwatches are just a modern "high-tech" acessory, not a real watch like a Rolex.
@leonk8113
@leonk8113 Жыл бұрын
Rolex puts out more than 1 million new watches every single year but many find their way from the AD directly to the grey dealers.
@NPrez-cv4jn
@NPrez-cv4jn Жыл бұрын
Yep. This has always been the problem, it was never a “ we can’t meet demand” issue. Proof is that you can go to a secondary market store (non AD) and see that they have dozens, sometimes hundreds, of New/ Unworn Rolexes in stock.
@firebearva
@firebearva Жыл бұрын
100% agreement. The Rolex market is a blackmarket business.
@wifine1951
@wifine1951 Жыл бұрын
its all corrupt from start to bottom
@realbroggo
@realbroggo Жыл бұрын
Not the only industry/hobby plagued by this. I also collect knives and its amazing how many new releases end up almost immediately in the grey/secondary market at inflated prices. The one commonality in it all - greed.
@jensers11
@jensers11 Жыл бұрын
Greed is ok. So are reps. That’s how you beat back the racket. The ADs are the problem. Won’t sell me a watch they have sitting there until I spend $30K on stuff I don’t want. Screw em.
@Jake-bt3fc
@Jake-bt3fc Жыл бұрын
Imagine shipping your personal Rolex collection in bubble wrap and it gets confiscated because some idiot at customs doesn’t think your packaging is fancy enough, lol
@oyuyuy
@oyuyuy 10 ай бұрын
Talk about an illusion of scarcity, 1.000.000 watches/year is absurdly many considering that there's only a few million people in the world who would ever consider buying one. I actually find the thought quite hilarious, that there are millions of snobs wearing the same Rolex watches and that they all think they're special.
@desiderium3243
@desiderium3243 Жыл бұрын
As a long time watch enthusiast, it’s really funny to see insider try to tackle something from a beginners point of view.
@612ZtoMhS
@612ZtoMhS Жыл бұрын
I thought it was just for entertainment ?
@ronnianabalos4627
@ronnianabalos4627 Жыл бұрын
totally agreed ❤❤❤
@piipoo147
@piipoo147 Жыл бұрын
Exactly
@manuelr.s6328
@manuelr.s6328 Жыл бұрын
Oh man, no one could have said it better...
@kovy689
@kovy689 Жыл бұрын
The way the narrator pronounced Audemars Piguet gave me cancer.
@tpop3723
@tpop3723 Жыл бұрын
If people didn’t have to deal with artificial waiting lists from dealers and intentionally restricted supply from the manufacturers driving up prices maybe there wouldn’t be such a demand for counterfeits?
@predictedrandom94
@predictedrandom94 Жыл бұрын
But thats the whole Marketing strategy 😅 Same with those fancy sneakers
@boohere2
@boohere2 Жыл бұрын
I don't get why fake watches are so bad. I mean if the people know they are getting a fake watch then let them have it. Sometimes they can't always pay for the full price one. They want to look cool and good. Again this would only be for the people that knew they were getting a fake watch
@user-oz5xb9ed3w
@user-oz5xb9ed3w Жыл бұрын
watches. looking cool and good.
@Armoer
@Armoer Жыл бұрын
@@boohere2 the whole thing is: if you want to look cool and good with a Rolex watch, you will need to pay to Rolex. It is not far to rolex to copy their product, design, even use their name on the product and thrive on their marketing expenses selling cheap copies at a fraction of the price. It is not fair to Rolex
@suren5174
@suren5174 Жыл бұрын
@@Armoer And you think Rolex is being fair to the normal customer even with their business practices? Stick it to Rolex and buy reps.
@CannonKnight
@CannonKnight 10 ай бұрын
I remember watching one those antique roadshow type videos where a guy was looking to get an old family heirloom Rolex appraised, and it turned out to be fake. Of course, he was crushed. It doesn't matter if you can't afford a Rolex or not. People are getting ripped off with the fake ones. Plus, if you can't afford a Rolex, no one is going to believe it's real anyway.
@monsieurbennett
@monsieurbennett Жыл бұрын
Rolex may be 27% of the Swiss market, and may make 1 million watches every year, but these grey dealers also have hundreds of thousand of unsold Rolex stock.
@Mega-zi7ys
@Mega-zi7ys 5 ай бұрын
Correct! Go to any gray dealers and they have dozens of so called hard to get models.
@Maarz99
@Maarz99 4 ай бұрын
@@Mega-zi7ysbecause they are connected with whole sale buyer and will pay anyone who has a brand new never worn watch same day with cash
@emresacli48
@emresacli48 Жыл бұрын
I've been a customer of swissarex for a while now and have never been disappointed. The quality of their watches is amazing.
@RoseanneSeason6
@RoseanneSeason6 7 күн бұрын
Horrible watch design. Never buy
@antoinepageau8336
@antoinepageau8336 10 ай бұрын
My Apple watch will alert my doctor if it detects an irregular heart rhythm, a Rolex will look good on my cold dead corps.
@Vanguardkl
@Vanguardkl Жыл бұрын
haha hilarious to see swissarex hijacked the comments wt fake reviews
@annayb9705
@annayb9705 Жыл бұрын
Vookum and Buckley coming in 💪
@keyvis949
@keyvis949 Жыл бұрын
I love that BI didn’t even mention the fact that John has a Rolex dial named after him. If that’s not street cred in the watch industry I don’t know what is.
@Saahilkarwani
@Saahilkarwani Жыл бұрын
Fkin seriously?
@dsong401
@dsong401 Жыл бұрын
True - a ‘Buckley’ is a Rolex datejust dial with printed Roman numerals
@andrewmosley2588
@andrewmosley2588 Жыл бұрын
Yeah a Buckley dial. And they weren’t really named after him, he started giving them that name when started collecting them and it just stuck around. They were seen as ugly and undesirable so John started buying them up and hoarding them and gradually they have become very sought after and rare.
@andrewmosley2588
@andrewmosley2588 Жыл бұрын
@@dsong401 they aren’t printed. They are actually hand painted.
@currentaf8455
@currentaf8455 Жыл бұрын
Rolexes aren’t hand made.
@will1am905
@will1am905 11 ай бұрын
Customs: You'd never see rolex in plastic sleeve. Video: Countless luxury watches in plastic bags. Wut?
@joetuttle9807
@joetuttle9807 Жыл бұрын
"Rolex would never put their watches in ziploc bags." This whole entire upload has had rolexes in plastic bags XD
@fflk4
@fflk4 Жыл бұрын
Trading has not been going well with me,i have invested a lot of time and failed,i traded on my own but each time i keep losing money.i don't have good strategies towards the market, please can someone put me through on the right path
@Bernd428
@Bernd428 Жыл бұрын
Same here, my portfolio has been going down the drain while i try trading, i just don't know what l did wrong
@nwann753
@nwann753 Жыл бұрын
The fact remains that the crypto market is profitable if you are using a good strategy or account manager to help you out with trades or provides you trading signals
@nwann753
@nwann753 Жыл бұрын
As a beginner who doesn't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker
@Kjartan888
@Kjartan888 Жыл бұрын
I've usually regarded holding as the best ,but recent crash has got a lot of buyers questioning whether or not to sell off or hope for a bullish trend
@qiangang-mm2gp
@qiangang-mm2gp Жыл бұрын
​@Vernon Johnston That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
@zarakdurrani7584
@zarakdurrani7584 Жыл бұрын
Man what's with the spam Swissarex comments??? " I couldn't afford a luxury watch so bought a swissarex" To look super tacky and soulless. Society has come down to this, literal bots being used to repeat the same damn message again and again.
@amarillorica
@amarillorica Жыл бұрын
sounds like my dude needs a swissarex
@josron6088
@josron6088 4 ай бұрын
Yeah I noticed that too. Spam advertisements for different watchmakers. Lol.
@BabyJesus66
@BabyJesus66 Жыл бұрын
Customs guy says Rolex doesn't put their watches in Ziplock bags... then the jeweler has piles of watches in ziplock bags. 😂😂😂
@cjack202003
@cjack202003 Жыл бұрын
Reread what you wrote. The jeweler isn't Rolex. The jeweler is a grey dealer.
@ballistic350
@ballistic350 Жыл бұрын
​@@cjack202003 saw that ... that was a fake dealer
@randomcow505
@randomcow505 Жыл бұрын
For me, it has to be the fine crafted and classic design of the Casio F91W, as worn by some of the most well known and influential men in modern history.
@bigblue479
@bigblue479 Ай бұрын
The us customs thing where they said Rolex would never put their watches in the bubble wrap is actually inaccurate. Many high end watch retailers ship their watches in cheap plastic bags so they do not draw attention in shipping, thus reducing the chances of the product being stolen in transit
@jeremiasrobinson
@jeremiasrobinson Жыл бұрын
Yeah, because so many of us are in the market for Rolexes that we are so interested in identifying fakes.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
Big money and big risk in big luxury items generates clicks from slightly greedy people, though
@erenerdemisk3815
@erenerdemisk3815 Жыл бұрын
Though I was concerned, swissarex well surpassed my expectations. The watch is authentic in both appearance and feel.
@jodycarlosborrageiro9588
@jodycarlosborrageiro9588 3 ай бұрын
The only thing worse than a fake Rolex, is a real Rolex....
@icephoenix5466
@icephoenix5466 2 ай бұрын
Not if you get it for the price of a fake XP
@AmericanPaisa99
@AmericanPaisa99 8 ай бұрын
99.95% of people can’t tell the difference between a real and a fake. 99.99% of people don’t care about what you wear. So if you own a fake wear it proudly 😂
@Mimin-o7k
@Mimin-o7k 2 күн бұрын
Agree
@painexotic3757
@painexotic3757 Жыл бұрын
the fact that fake rolexes are "dangerous" exposes how arbitrary their value is if someone can be easily tricked. Imagine if most of rolexes value was based on it's intrinsic metal instead of it's name..
@amrtalaat5648
@amrtalaat5648 Жыл бұрын
You’re buying a Rolex because they invented something new that you value. If you’re buying it for the intrinsic value of the metal then you can just buy something else like a gold bracelet. Different markets attract different people.
@jimwatchyyc
@jimwatchyyc Жыл бұрын
Your forgetting the whole Watch manufacturing, distribution, storage, displaying, etc.
@catsadilla324
@catsadilla324 Жыл бұрын
narrator: "...made from high quality materials... like stainless steel..."
@Alias_Anybody
@Alias_Anybody Жыл бұрын
​@@amrtalaat5648 Invented something new? Those designs are half a century old.
@painexotic3757
@painexotic3757 Жыл бұрын
@@jimwatchyyc obviously.. that goes without saying.. but even then, this doesn't justify the price tag lmao. Most luxury products are a scam ..
@bulelanibotman
@bulelanibotman Жыл бұрын
the moment he said "how much is this $21000 watch?" i knew he was the real dealer!
@ranran8934
@ranran8934 Жыл бұрын
If a fake is as good as the real ones when it comes to the looks, functionality, durability and overall aspects, then it's one proof that people are buying things just for the name/brand.
@FahadFSA
@FahadFSA Жыл бұрын
ppl are buying it as investments and as assets...
@chrissmith3587
@chrissmith3587 10 ай бұрын
@@FahadFSAwhich is even more dangerous, that means bubble
@FahadFSA
@FahadFSA 10 ай бұрын
@@chrissmith3587 a time piece that has been hand crafted for hundreds of hours and is made of precious metals and stones cannot be a bubble...
@DAMfoxygrampa
@DAMfoxygrampa 10 ай бұрын
A watch should never been an asset. It doesn't have that much legitimate value!
@Jake-bt3fc
@Jake-bt3fc 10 ай бұрын
They’re not functionally the same. The movements are dogshit. Half the time they come fucked already from China and if you try to send it back they’ll give you a weird made up Chinese address that somehow costs the value of the watch just to ship to. Funny how scammers are untrustworthy and will scam you, lol. You can buy a $200 seiko that will last 10 years or a piece of crap fake for $600 that’s designed to fail within a year so you buy a new one.
@hydroaegis6658
@hydroaegis6658 Жыл бұрын
Rolex does not make watches by hand lmao. Just the production number of 1 million already tells you they're factory assembled. Maybe the crazy expensive bejeweled ones are handset, but that's it.
@CharliMorganMusic
@CharliMorganMusic Жыл бұрын
Any company that refuses to use machines to reduce prices and meet demand deserves to go under.
@good-tn9sr
@good-tn9sr Жыл бұрын
@@CharliMorganMusic not for companies who pride themselves on ultra luxury and artisan craft. For example, each Rolls Royce made have some of it handmade.
@rustknuckleirongut8107
@rustknuckleirongut8107 Ай бұрын
Rules are weird for when you can call something hand made. Like if a person had to push a button and it initiates an action that produces something it can be called hand made. So if you put a piece of metal in a press, push a button and it presses the metal into a spoon, then that spoon can be called hand made.
@Aragorn7884
@Aragorn7884 Жыл бұрын
Adam Sandler looks older than I remember 🤔🤣
@celozzip
@celozzip Жыл бұрын
they certainly have a "look" don't they...
@joeguzman3558
@joeguzman3558 Жыл бұрын
I'm just a regular working Guy who never invented anything , back in the 70 walked into a jewelry store and purchased a Rolex on payments my friends made fun of me for years - 40 years later I sold it for 6 times what I paid for my mother kept the box and papers and that's what helped tremendously
@Towelie4200
@Towelie4200 Жыл бұрын
Smart man 👏👌
@silentfishy
@silentfishy Жыл бұрын
$1 in 1970 is about $7.8 now. So money lost about 7x of its value. Just something to think about
@alexbarry8826
@alexbarry8826 Жыл бұрын
@@silentfishy$1 in 1970 is $4.21 now you dope 🤣
@salkryeful
@salkryeful 11 ай бұрын
Should've been like 30 times or more at the very least. You got fleeced real hard by only selling it at a price to match inflation sadly.
@ethandavis204
@ethandavis204 Жыл бұрын
Out of everything we can think of as dangerous, fake luxury pieces are about as far down the list as kittens.
@kahlzun
@kahlzun Жыл бұрын
Idk, I've been scratched pretty badly by kittens. I'd say this is more "mittens" level
@ivanlagrossemoule
@ivanlagrossemoule Жыл бұрын
While honestly I really don't care about watches, being able to protect brands is pretty important for Western businesses.
@Redmanticore
@Redmanticore 4 ай бұрын
@@ivanlagrossemoule western businesses should concentrate on making good products not protect brands. otherwise china will be selling your electric cars.
@chatisawasteoftime
@chatisawasteoftime 4 ай бұрын
@@ivanlagrossemoule Big brands, only. Nobody protects Joe Shmoe's brands.
@syrialyze7654
@syrialyze7654 Жыл бұрын
12:30 "Listen, I'm a friggin' expert ... I've got the junk to prove it." Great line
@stevenporter863
@stevenporter863 Жыл бұрын
99% of the time anyone who says they are an expert isn't. 😂
@audioramplify
@audioramplify Жыл бұрын
Customs officer saying Rolexes are not shipped in bubble wrap but watch stores keep watches in plastic bags😂
@AwokenEntertainment
@AwokenEntertainment 11 ай бұрын
scary that even experts have a tough time telling if one is authentic..
@bluenick4577
@bluenick4577 5 ай бұрын
Because swiss made watches are crazy overpriced 😂😂😂😂😂
@mike-yn3mn
@mike-yn3mn Жыл бұрын
You could buy a Rolex submariner for $150 in the 1950's. Not an insignificant amount of money back then but they were solid tool watches. I don't doubt they are still quality timepieces but now they are overhyped status symbols.
@vindu14
@vindu14 Жыл бұрын
And here I am with my $500 Tissot watch I bought in 1997. And damn it still works perfectly since the day I bought it.
@joeyvigil
@joeyvigil Жыл бұрын
Even that is high for most people
@ifionlyhadaboat
@ifionlyhadaboat Жыл бұрын
Tissot is a great value & smart buy. Many watch geeks love Tissot
@channell11
@channell11 Жыл бұрын
Tissot is excellent. I have one and it works beautifully and gets lots of compliments.
@DonLee1980
@DonLee1980 Жыл бұрын
$500 in 1997? Tissot's cost $500 today.
@Will-kl5ri
@Will-kl5ri Жыл бұрын
Fuckin love Tissot
@theotang681
@theotang681 6 ай бұрын
just got my dad's old 1971 rolex re-serviced. it sat in a jar, rotting. it's an old rolex. jubilee bracelet. slate grey dial. pan handle face. i freaking love it wearing it again after so many years. when the sun is out the watch just glitters. it's all stainless steel and that slate grey dial. simple.
@kylenavarra9522
@kylenavarra9522 5 ай бұрын
Tyler leaving a cup of coffee 😂
@touchofgrey5372
@touchofgrey5372 Жыл бұрын
My TIMEX Indiglo went up in price also; purchased it three years ago for $23.95 ..... now it lists for $50.00! Great investment, eh? 😁
@User24x
@User24x Жыл бұрын
I hate Timex indiglo; the indiglo always dies out eventually. There's a reason why Casio dropped EL & largely switched to LED.
@realbroggo
@realbroggo Жыл бұрын
Awesome - 100%+ profit in only 3 years. Time to flip it and get a newer one! At this rate in about 100 years or so you'll be able to buy a Rolex. 😂
@touchofgrey5372
@touchofgrey5372 Жыл бұрын
@@realbroggo I could by a ROLEX right now, but why? I LOVE my TIMEX! I firmly believe I would not be any happier with a ROLEX. Most of the folks who bought a ROLEX did it for "SHOW"! To convey a feeling that they've "made it big" coupled with a healthy dose of narcissism. No, thanks!
@realbroggo
@realbroggo Жыл бұрын
@@touchofgrey5372 Apologies - my bad - I should have flagged 'sarcasm' and didn't mean to poke. I'm actually with you. I go on personal satisfaction rather than brand name. I have never owned a Rolex. I do own 2 x Timex Mod44's both of which I wear regularly. Apologies again - have a great day.
@touchofgrey5372
@touchofgrey5372 Жыл бұрын
@@realbroggo No offense taken! Black face or white face?
@ihatekpeng
@ihatekpeng Жыл бұрын
Guy: I'm an expert Also Guy: *doesn't use finger cots when repairing Rolexes*
@monsieurbennett
@monsieurbennett Жыл бұрын
Agreed. I wouldn’t touch his stock with a barge pole.
@evacousticmusic
@evacousticmusic Жыл бұрын
I was thinking the exact same thing.
@BabyJesus66
@BabyJesus66 Жыл бұрын
Also haphazardly jams a screwdriver into the movement. Guaranteed all the screws he touches are chewed to shit. I've also seen videos of him popping off bezels with a pocket knife. Dude is a joke.
@russellgutmann7960
@russellgutmann7960 Жыл бұрын
Waiting for this comment. Cringed seeing that 😬
@efist694
@efist694 Жыл бұрын
@@monsieurbennett you would never know .
@herodiaderomo5054
@herodiaderomo5054 11 ай бұрын
Can't get enough of Swissarex watches! ❤️
@Cam_LDN
@Cam_LDN Жыл бұрын
Guy repairs watches by handling the movement with his bare hands. Ridiculous.
@stuntbaby56
@stuntbaby56 Жыл бұрын
Dude thats john buckley lmao hes a freaking legend
@MORTON__
@MORTON__ Жыл бұрын
He is one of those who make Rolex so expensive
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
They are luxury items to begin with.
@tobris3738
@tobris3738 Жыл бұрын
The buyers are responsible for that
@xXxSkyViperxXx
@xXxSkyViperxXx Жыл бұрын
he does live off of it
@AdebarLonge
@AdebarLonge 12 күн бұрын
Picked up a MAMACOO's watch as my first watch last month and I’m absolutely in love with it. Perfect size, looks elegant, very comfortable. Now my only problem is holding off from buying more watches so quickly!
@kennethvenezia4400
@kennethvenezia4400 3 ай бұрын
My cat makes fake Rolex watches that always fools the experts. He's one bad ass craftscat.😾
@summernaturale347
@summernaturale347 Жыл бұрын
Why are Rolexes more expensive? Why are Apple products more expensive? Why are Rolexes so popular? Because they’re the best marketers in the world Why are Rolexes so hard to get? Because dealers sell the majority to grey market operators instead / people get put on waiting lists for forever because they’re not deemed worthy by Rolex
@stevenporter863
@stevenporter863 Жыл бұрын
Rolexes are hand made so they can't crank out watches like Casio. Yes, both make watches but it is like comparing Ford to Ferrari. Quality costs.
@lost5587
@lost5587 Жыл бұрын
​@@stevenporter863 hand made? 💀
@shino8854
@shino8854 Жыл бұрын
​@@stevenporter863 Nah dude, you are wrong Rolex are mass produced, hell, pretty sure there are more submariners than my full metal Gshock casio.😂😂 That's what they want people like you to believe, exclusivity, that's how they can charge what they charge. Rolex might be part of the problem, but it's really people who are the problem.
@hlee2
@hlee2 Жыл бұрын
not deemed worthy by ADs*
@realbroggo
@realbroggo Жыл бұрын
@@shino8854 It's basic economics - supply and demand. In this case both are impacting on the watch market. High demand and low supply (whether real or artificial) creates a perfect environment for the grey & black marketeers to move in and exploit the gap. I collect knives and the same problem exists. A friend of mine who use to work in mining assures me the same even applies to diamonds. A sad reality. Have a great day.
@garyjarvis2730
@garyjarvis2730 Жыл бұрын
The Diamond District in NYC is a snake pit of dealers buying and selling to each other and then eventually the public. Bottom line, the buyer gets soaked in this swap frenzy. None of this stuff is coming from authorized resellers of factory stock. If you simply want a nice watch and plan to wear it buy the fake. If the dealers have a hard time telling real from fake your friends will never know the difference. Tell the dealers to keep the papers, card and box and you'll be a happy camper with lots of money in your pocket.
@ericp1139
@ericp1139 Жыл бұрын
May as well just buy a “homage” watch then. Why buy a fake Rolex if you can’t fool yourself?
@irdestroyer
@irdestroyer Жыл бұрын
@@ericp1139 If you had $1,000,000 in cash to spend, and wanted a watch, why not get a $600-800 replica that looks just like the real thing? You have the cash, nothing to prove, no point in getting a real one because $10-50k or whatever isn't worth flexing when you're a millionaire. Replica buyers are either broke dreamers, or rich guys who won't get called out and are sensible with their money.
@BluffCreekStudio
@BluffCreekStudio Жыл бұрын
bingo! bravo!!!
@maurice5402
@maurice5402 Жыл бұрын
Wearing a fake doesn't feel good. People should just buy cheaper watches from original brands. There are so many good affordable watch brands out there
@lionelamarado8291
@lionelamarado8291 Жыл бұрын
And… China wins.
@AleshiaAromin
@AleshiaAromin 25 күн бұрын
Thank you for making high quality videos!Love amzwatch ’s watches
@Marta1Buck
@Marta1Buck 7 ай бұрын
I always think Rolex is like Gibson. The guitar for the snobs.
@checkwalkcare8128
@checkwalkcare8128 Жыл бұрын
if you are rich and everybody knows this, never buy genuine watches, wear fake. noone can understand and you have a great collection.
@igniteflow
@igniteflow Жыл бұрын
It’s not worth the damage to their reputation if the truth got out, although logically what you are suggesting makes perfect sense
@ericp1139
@ericp1139 Жыл бұрын
If they are rich, then just buy the real deal. You can use them as an appreciating asset and leverage for a loan. Fakes are just throwing money away.
@Redmanticore
@Redmanticore 4 ай бұрын
@@ericp1139 would you buy prostitutes for the rest of your life with 55 million, or a Graff Diamonds Hallucination watch? for 300 dollar per girl, that is 183 333 days. for 502 years, every day.
@drklg1
@drklg1 Жыл бұрын
It always starts with them doing the right thing and protecting people. Then once it's in place you can't stop it or controll it.
@Shambley1
@Shambley1 11 ай бұрын
I bought a rolex daydate clone off my buddy for $150 that looks amazing. He got it for like $450 originally. I took it to a watch guy just to see what he had to say about it and outside of opening the case or inpecting it very carefully with a magnified lense you wouldnt be qble to tell its fake. And its not like it was instant when he looked at it under the lense, he had to really look at it for a while and found tiny tiny details that were just slightly less refined. They even added tungsten to the watch to make it have the weight of the original. Its impressive.
@notyourdaddy8300
@notyourdaddy8300 Жыл бұрын
Rolex watches are not made by hand. You said it yourself, they produce over 1 million watches per year. These are high quality machined watches. Not hand made high horology.
@sebahattinyasugey2690
@sebahattinyasugey2690 Жыл бұрын
My experience with swissarex was fantastic. The watch arrived quickly and was exactly as described.
@omarkhatab1020
@omarkhatab1020 Жыл бұрын
If it takes an expert and meticulous investigation to differentiate between a real and fake one. JUST BUYE A FAKE !! 😂😂
@siglavikingkearns8108
@siglavikingkearns8108 Жыл бұрын
If doing so doesn't cause you any shame, fill your boots.
@ajmarion
@ajmarion Жыл бұрын
Bro Rolex are not made by hand 😂
@nochipsonlycrisps8639
@nochipsonlycrisps8639 6 ай бұрын
Remember guys. The key to true lasting happiness is to associate the watch with a very special occasion. If you dont do that, the most expensive watches become worthless to you. On the contrary if you do do that, the cheapest watch in the world will become important to you.
@cmujcp9184
@cmujcp9184 Жыл бұрын
Buckley was touching Rolex movement with his bare fingers in this video. That’s a HUGE NO NO.
@danm7523
@danm7523 Жыл бұрын
Ridiculous high pricing of Rolexes is absolute bs.. need to encourage more fakes
@RogerHayes-j3f
@RogerHayes-j3f Ай бұрын
It always amazes me how much beauty and precision are added to the parts of amzwatch's watch 99% of people will never see.
@AnIdiotOnline
@AnIdiotOnline 10 ай бұрын
"Why Fake Rolexes Hurt Dealers In The $20 Billion Used Watch Industry " good
@popezosimusthethird269
@popezosimusthethird269 Жыл бұрын
"Your reputation us burned when you can't make good on a sale" Not as burned as when you willingly show yourself on camera handling a movement with your bare fingers. Just use fingercots FFS, that rotor is burned. BURNED.
@user-oz5xb9ed3w
@user-oz5xb9ed3w Жыл бұрын
does burned just mean messed up? i’ve seen others use the term also
@paulmarconi6579
@paulmarconi6579 Жыл бұрын
I thought exactly the same thing.
@ShaunChee1998
@ShaunChee1998 11 ай бұрын
This guy looks like he could be on a reality tv show
@jasperhayes-klein2929
@jasperhayes-klein2929 4 ай бұрын
Demonetization in India was the biggest factor. In ‘16 whole nation discovered they were better than cash.
@MustafaAydid
@MustafaAydid Жыл бұрын
This old Adam Sandler is making Rolex more expensive than they should have been.
@RagnarokGenesis00
@RagnarokGenesis00 Жыл бұрын
this market will pop, its a bubble with its illusion of luxury.
@maximme
@maximme Жыл бұрын
i feel so much better that my fake watch is so high quality that even the authorised dealer had trouble tellling the difference. I feel its truly worth the money.
@jonvon2044
@jonvon2044 10 ай бұрын
Rolex prices are a joke. Like many things in this world, just because it’s expensive doesn’t mean it’s worth it.
@Mimin-o7k
@Mimin-o7k 2 күн бұрын
Agree
@deathtoy101
@deathtoy101 Жыл бұрын
This just shows, its not worth paying for a rolex watch. Period.
@AtillatheFun
@AtillatheFun Жыл бұрын
What would people buy instead? A low tier Omega? An AP? A nomos? Rolex is the standard, and is known worldwide.
@realbroggo
@realbroggo Жыл бұрын
Only problem is that this plague follows all high-trend items across all markets. I also collect knives and the same activities exist. Some are driven by the manufacturers themselves (ie. under-supply) others are driven by profiteers operating in the grey or black areas of the marketplace. Also don't think that the profiteers only target high-end brands. They will also undercut budget brands if that's where the money is. Sad reality. Have a great day.
@azizevarol6043
@azizevarol6043 Жыл бұрын
swissarex sells copycat watches that look exactly like the originals. You won't be sorry you made the purchase.
@MaryDoherty-q6b
@MaryDoherty-q6b Ай бұрын
MaMaCoo You are so well-informed about luxury watches. You've obviously done your due diligence and the comparison to the US is very informative...because of course, I live in New York. thank you very much
@goodvibesonly7406
@goodvibesonly7406 4 ай бұрын
why buy a rolex when my phone tells the same time lol
@hansanders323
@hansanders323 Жыл бұрын
this guy reminds me of Adam Sandler from Uncut Gems
@Aragorn7884
@Aragorn7884 Жыл бұрын
'Uncut Gems' *CONFIRMED* _real_ 🤑
@MariaguadalupeSlick
@MariaguadalupeSlick Ай бұрын
My watch was purchased 2 years ago from MaMaCoo and, to this day, it still looks and runs as well as it did the day it arrived. That movement has never missed a beat despite never having been serviced. I can't complain about that.
@Bearhater21
@Bearhater21 4 ай бұрын
“These right here are genuine diamonds baby”. “Come on it’s me Curtis”.
@RozelleTajkhan
@RozelleTajkhan 11 күн бұрын
Can’t beat gold polished Roman numerals that sparkle like jewels in the sunlight. Loving the sun ray dial man that pops! amzwatch watches. What a beautiful subtle piece.
@karans9228
@karans9228 Жыл бұрын
He does what he does not for the money, because he is passionate about it. His passion, brings in the cashflow. He has mastered the craft.
@MrKacperk
@MrKacperk Жыл бұрын
Great job customs. Now try to spot one from Clean factory without opening it. Good luck.
@LordChunkyRuss
@LordChunkyRuss 10 ай бұрын
Customs: Rolex wouldn’t be in plastic bag Dealer: Rolex in plastic bag
@Psysso
@Psysso Жыл бұрын
One thing is for sure if i was a muppet and was in the market for fakes i certainly wouldnt buy it at swissarex.
@namniag
@namniag Жыл бұрын
So many swissarex bots in this comment section it hurts
@oluwakemisolaakeju
@oluwakemisolaakeju Жыл бұрын
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@oluwakemisolaakeju
@oluwakemisolaakeju Жыл бұрын
@Arnold Brown As a beginner, it's essential for you to have a mentor to keep you accountable. Myself I'm guided by Mrs Kiana Danial, a widely known crypto consultant..
@henrymorgan142
@henrymorgan142 Жыл бұрын
Honestly speaking, Mrs Kiana Danial crypto trading signal is an excellent way to financial independence. I am new to crypto (less than a month) I have made $10k and got my eyes on $20k, she's too awesome..
@AntoinetteSimon
@AntoinetteSimon Жыл бұрын
My family hold Mrs Kiana Danial in high esteem because of the £21,000 weekly profit we're receiving trading with her strategies..
@alexanderdonald9167
@alexanderdonald9167 Жыл бұрын
I just withdraw my profit last two days before now. am glad i did invest with them still reinvested and the trade is ongoing..
@rodgerselliott3955
@rodgerselliott3955 Жыл бұрын
it's been financial freedom trading with Mrs Kiana Danial, she's the best and over the years trading with her has been so smooth..
@ericvulgate
@ericvulgate Жыл бұрын
Nothing flaunts wealth like useless accoutrements.
@levtieart3409
@levtieart3409 Жыл бұрын
100k watch 10k bag 5k shoes 1000k hat *looks like a homeles person*
@madmaxen
@madmaxen 11 күн бұрын
You need the real Rolex. Don’t go for a fake.
@porkchopsandwiches8363
@porkchopsandwiches8363 Жыл бұрын
This guy is amazing - loved the video
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