Is The Vintage Watch Market DEAD?

[@egrose]

Love this kind of content, Adam. Watched from beginning to end. 👍

[@mentawatches]

🙏🙏🙏

[@WMBisme]

Love the openness and your review of the auctions

[@james6048]

Golden rule pick a price and be comfortable with it. You don't lose anything and you get the thrill of the auction

[@mentawatches]

Words to live by.

[@christopherwestpresents]

Love your auction reports. Thank you 🙏

[@mentawatches]

Thanks for watching!

[@johnmcloven1328]

Those Breguets seem like amazing value!

[@mentawatches]

They really are…

[@oddpout]

Some incredible watches! A totally new market for me, and this was very informative. Thank you for the video

[@shanefoster6018]

Such wondeful content 🇨🇦🇨🇦❤️❤️ really love the vintage stuff. i believe vintage and independence are where it's at personally

[@rain3304]

thanks Adam Awesome Vid Amazing to see those price points

[@mentawatches]

Thanks brother!

[@pedramnaeni7713]

Great video. Can’t wait for more auction videos. Hope you win some of the lots that you bid on. It would be interesting what the fees for shipping and customs and duties are. Would be educational

[@saeedsaeed7381]

Fantastic episode as always, thanks Adam 🙏🙏🙏

[@mentawatches]

My pleasure!

[@jolly_watches]

Great content - for the Cloche, there have been a couple sold for more and one that sold for nearly 100k a few years ago at auction

[@18Socrates18]

Love your channel Brother, thank you from Scotland. The grey market is full of ego, seems to attract a certain type...🤡...Once I get enough money together I will be coming to you to source my watch. Thank you for all that you do, keep it humble, beautiful work ❤️

[@mentawatches]

Thanks so much man. Trying to tread a fine line between educational and entertaining!

[@CayirWatches]

Love this type of content man!

[@mentawatches]

You’re the man! Ty bro

[@joehughes3764]

Love your videos Adam

[@GEMSofGOD_com]

12:40 watch made me burst out in laughter. LUV Cartier. Amazing content bro

[@jubeeju]

Thanks for sharing your insight. By the way, what was the Cartier on your wrist?

[@WatchClyde]

I really don’t understand how Cartier watches are going for the prices they are lately. There are so many other watches from IWC JLC that are better.

[@misterzero8667]

It's all hype and brand ,nobody is interested or even knows iwc

[@asburycollins9182]

People who buy cartier dont know what a iwc is

[@mentawatches]

Brother. You are NOT wrong. Lol

[@alexmihai3906]

​@@asburycollins9182 do you know is patek philippe cartier , do you onow what is Cartier

[@shaifulothman7442]

And some more quartz

[@billchan6180]

Great info🎉

[@juliusapriadi]

Thanks for the insights! learned something

[@mentawatches]

Glad to hear it!

[@simonassouline1230]

Adam, top notch!

[@mitchelllee6267]

Great video bud

[@mentawatches]

🙏

[@m.dekleijn762]

Do the mentioned prices include all (auction) fees?

[@mentawatches]

Yes. After buyer’s premium.

[@momokadawi8955]

Vintage market is not dead but Speculation , Yes !!!

[@padraicsy7385]

Nobody does auction reviews like this channel.. no body

[@mentawatches]

🙏🙏🫡🫡

[@DecemberNames]

thx for hard numbers and what you would expect to sell for

[@mikekingsborough1]

Honest question; Why are auctions the place to determine the state of the vintage watch market? I buy vintage watches regularly and the market seems the same as it always has been, at least to me. The watches I want are no harder or less hard to get, they have just become more expensive. But everything has become more expensive, Including food. For example; the neo-vintage 16710 for sale on Adams website is a great watch and there are many of them for sale at the moment on the open market. From Dealers, forums, ebay, etc. And they get sold. And then there are more of them. It's endless. Wouldn't that suggest that the vintage market is strong? What do auctions have to do with that? Is it more specific to rare, 6 figure, type vintage watches? Maybe it's another world that I don't understand.

[@asburycollins9182]

Auctions are used to set the market price for many things. In stores they will be more expensive. Very common

[@mikekingsborough1]

@@asburycollins9182 I was just looking at the results of a few past actions in 2022 and 2023 within the sub-50k range. Just to curb my enthusiasm. Primarily the submariner 5513 ft first and mtr first examples. Many of them aren't indicative at all of the current asking price both from dealers and private sellers. What's more, they have only slightly incrementally moved since 2021. If it's about "what people will pay" to determine the artificial asking price I don't really understand why you'd use an auction as the measuring stick for this. Especially for the majority of used items within the 10-50k range as a single "auction" is such a small pool of data compared to the global marketplace.

[@davide8641]

there is information lag between the first movers and the people who just buy a watch to buy a watch

[@mikekingsborough1]

@@davide8641 ​ So let's say a sub 5513 sells right now for around 18k USD privately across the globe? but then at a bunch of auctions over the course of 2024 they sell for closer to 50k (maybe some rich people decided to overpay or alcohol and ego was involved) in a year or so the global price for that same 5513 will be 50k? That's how these dictate the private market.

[@mikekingsborough1]

@@davide8641 I've tried twice to reply but my comments aren't showing up? Anyways, got it, thanks.

[@nikolastojanov8749]

A few celebrities started wearing strange old Cartier some time ago and it totally started a new trend. These are not THAT expensive but often harder to find. And these clients dont care about watchmaking at all, its just a trend. Cartier Crash today is what Daytona and GMT and 5711 were during the covid era. Just the latest status symbol trend... I am really interested how long will this last and how it will end...

[@cedarcanoe]

Pretty strong selling prices once again.

[@HK.Paul.]

I had the Breguet tourbillon, the AP perpetual , they are wonderful, amongst all I like the Royal Oak and Patel Perpetual calendar most ! Just unaffordable by now

[@FaijaAkterSetu]

You know what? I am a regular viewer of your KZbin Channel. I have seen all your videos and your content qualities are very good. I learned lots of things from you. Your channel has great quality contents but still it is not delivering its right audiences due to SEO problems. You should focus on your SEO so that You can get a big fanbase, Thanks.

[@crh7742]

Cartier has always been hot on the auction scene but I'm really not sure about the price on that bamboo. Come on man, it's a 90s quartz.

[@weezkidtube]

Really enjoyed this content. Thank you. How i wish Daniel Roth is still its own brand.

[@mentawatches]

Glad you enjoyed it!

[@structurescience]

Really interesting...

[@dannysimenauer5745]

Adam, you know I respect your knowledge and acumen when it comes to watches. I mean no offense, but failing to recognize the auction premium was 20% and not 27% is a rookie mistake. A dealer with 10 years experience should know better. A little Monday Morning Quarterbacking, but you should always know your real costs before making a bid. There is never a substitute for preparation. The lack of prep probably cost you from buying the Breguet Tourbillons, and significant profits.

[@thexardas8395]

Breguet from 2000 I would buy to wear but Cartier quartz or anything from 70-80 for that kind of money is insane. Collectors are strange people. repairing those watches if something happens is insanely expensive and wearing them is not as much fun as someone who never had a vintage watch might think.

[@Justin666i]

Watch market is like the supercar market very unreliable except for the standard staples such as the GT3 RS but you're still gonna pay retail as nothing in watches are necessarily or exceptionally rare

[@simonmorris1626]

No I think your bids were fair, you need to get them for a good price allowing you to sell and make a profit. Enjoyable video.

[@glennboyer5929]

Watches! But no watches for Adam

[@mentawatches]

😢

[@james12361224]

This is peak Cartier

[@jamielipson]

Assuming they take another 10% off the seller, even at 20% BP these auction houses are making a killing. They will find a way to keep things afloat

[@mentawatches]

You know, I used to think that as well. But these auction houses have MAJOR overhead. Just the printing of catalogs costs a fortune. Certainly in the art world, they make a killing. Not sure about the watch world. However, a lot of people get stars in their eyes when considering auctioning a watch, and think it will sell for all the money in the world, and they neglect other avenues to sell their watch…which usually could net them more money 🤷🏼‍♂️

[@timinginstruments]

New watch market is declining, too much supply. Vintage watch market is definitely on the rise.

[@WoutervanWilligen]

As a watch enthusiast for 30 years, I gad never seen the Bamboo Cartier. With all the bit-coin-bandwagon-buyers and the world wide internet market, this 43K watch will be sold at a profit.

[@mentawatches]

Sadly you may be right!

[@jta.71]

the only thing these results are indicative of is that Adam is an under bidder than market, which means as a private collector I wont be selling anything to Adam 😄🤣

[@mentawatches]

Sure, put them in auction, and net yourself even less 🫢🫢🫢

[@jta.71]

@@mentawatches there are tons of auction houses that only charge 10-15% premium, Sotheby's, Christies and Phillips are not the only players in town. Also, I feel much more comfort when the market tells me what my watch is worth, vs a dealer who is trying to low ball me. I ended up selling my vintage pieces to dealers who marked them up 50-60% on chrono 24. Lesson learnt.

[@mentawatches]

10-15%..of the hammer price. Auction houses have zero risk. If your watch under performs, they shrug their shoulders. Dealers are putting up their own money and taking the risk. You don’t cry when a dealer overpays you though (which happens all the time, we lose money on mistakes every week). That being said, if a dealer is marking up your watch 50-60%, then yes, they likely underpaid you. Industry average is usually right around 10% margin.

[@jta.71]

@@mentawatches I don't cry either ways, but when u say u make mistakes every week, surely doesn't tie up with the fact that you've been in the business long enough to have made tons of profit, its no surprise to see vintage dealers and other watch dealers have nice homes, expensive cars as most drain their richer clients off cash. This profession reminds me of a used car dealer, RE broker or an old school stock broker , ¨the point of all this is to take the money from the clients pocket and keep in yours ¨ I´ve been a collector for 20 years and not surprised how dealers are always hyping up brands, first it was rolex, then cartier, Daniel Roth etc etc...I am sure there are some honest dealers in your profession, but they are few and far in btw.

[@fa5234]

6:06 "The market has stabilized"... 🤨Your credibility has not!

[@drbuckley1]

Puzzlin' Evidence.

[@mentawatches]

🤷🏼‍♂️

[@christopherwestpresents]

Did you even watch the video?

[@Jasperroodog]

Shopping at Harrods with a dime budget

[@zillsburyy1]

TIMEX says no

[@hopeenquiries3638]

you must do it live

[@mentawatches]

We bid in so many auctions, many of them live. Hard to do all of them.

[@coldworld5]

Dead if you want to make money, alive and well if you actually like watches and you're a genuine collector. Thank god the grey market scum bags will move back to used cars,

[@Carsrus007]

All watches will go up in next 5-10 years. Rolex ap patek vacheron

[@edebube]

36 mm is a kids size.

[@MrCireyenaled]

I like the content but your click bait bullshít title I can’t stand. Clearly the market isn’t dead. And you didn’t ever make a reference to the overall market being somewhat strong.

[@drbuckley1]

The market is rebounding from rock bottom.

[@asburycollins9182]

Id be happy to see a big decrease. Thats when to buy. Greedy when others are fearful.

[@mentawatches]

You are not wrong!

[@Dswatches]

Don’t get the Cartier prices

[@osobad1127]

Sasha is the one with the balls 😂

[@mentawatches]

I guess so 😢

[@jasonosborne5947]

Probably.

[@Qwertell21]

Chinas stock market was going crazy, maybe thats why they were so many strong buyers 😂

[@johnobrien8398]

Watches are just overpriced people are gettting ripped offf

[@I_like_YT_lots]

The is probably the BIGGEST CLICK BAIT video I had watched, I want my 17min and 51 seconds of my life back. You already had a click bait video of the much rarer 6350 Explorer last time on your thumbnail, but this one you just having a laugh. I am not a watch dealer even I know you had under estimated the Cartier Tonneau Bamboo (a normal solid gold Santos will be more than what you had bid for). Maybe the vintage market is dead TO YOU since you didn't win anything as you simply under estimated how strong money laundering still happening right now in Asia.

[@mentawatches]

So, let me get this straight…you understand the gist of the video after let’s say 30-60 seconds in, yet you continued to rage watch for the following 17 min? Got it. Thanks for watching!

[@I_like_YT_lots]

@@mentawatches nope! You didn't get it straight, very crocked in fact. I genuinely didn't get the "gist" of it until 3/4 of the way! I was watching it while having dinner with the true intention to see how you performed and how you justify the title of your vid. Then I started looking at your comment and saw the top comment said it was a click bait.

[@mentawatches]

So me showing strength in the market through analysis of recent auction results doesn’t answer the question? And you are upset our videographer used the wrong photo of a 6350 (which only you noticed and seem to care about, kudos)? We make this content for people to enjoy and hopefully learn some stuff here and there, which it seems 99% of the people watching do/get value from. If you are in the 1%, and it continues to upset you, I suggest not watching :/ have a nice evening!

[@I_like_YT_lots]

@@mentawatches nope it doesn't, your video is the OPPOSITE to your title. If you said Panerai is dead I would agree with you. It wasn't me who noticed about the 6350, is also on the forums. Yeah I'm blocking your feed from now on. Hopefully you are more honest as a watch dealer than on KZbin.

[@MrG-254]

The European Economy is dead. Look at German car manufacturing it aint pretty

[@asburycollins9182]

American citizens not doing great either, same for uk. Cost of living is very high

[@frankm4129]

AP is also ugly $400,000 Give me a break

[@WatchClyde]

😂

[@nka4180]

It's a piece of art with the thin skeleton dial. As any art work, a viewer can have his/her's opinion. They might like it, or not. But in the end, it doesn't matter. The supply/demand will decide what its worth. Knowledge is key for the right assessment and just to dismiss a valuation because of one's taste is ignorance 😢

[@frankm4129]

Those bergaise are ugly, Watches

[@dspirea]

Cartier is one of the first wrist watchmakers. They’re Santos is a horological icon, idk what some of these comments are talking about? A Santos Caree is as timeless now as it was 60 years ago. How are you even a watch fan and dislike Cartier?

[@closer71]

Short answer: No. It isn’t. 🙄

[@Uriel767]

your running behind, its the new hype!succes espcecially special dials .sone , or difficult