Rolex prices are the talk of the town. The Rolex Daytona, Rolex GMT and Rolex Daytona have all decreased. What does it mean to the Rolex lover? Buy or sell?
Пікірлер: 96
@ListerMotorsports Жыл бұрын
I don't care if they drop to nothing, I bought them because I loved them and the price drop will only help me add to my collection...great vid Brother.
@jayowen4526 Жыл бұрын
So I started to watch this channel just before Covid 19 and it really sparked a love of watches in me. Great to be a part of the journey of this channel, thanks Marc 👍🏻
@EGGHEADIUS5 ай бұрын
Did you get yourself a timepiece? Don’t forget, Rolex isn’t the be-all end-all in terms of Swiss luxury horology. Don’t forget the likes of Tissot, Omega and if you’re really Rolex desperate, start with it’s little sister, a Tudor!w
@nyc10ken Жыл бұрын
Bought the dip with you Marc, picked up a 116710LN gmt 2018 complete unpolished 12k.
@GaryToftheNorth Жыл бұрын
Wear the watches is great advice Marc! Gotta enjoy what we have while we’re here, scratches (a.k.a. the new patina) be damned!
@ViolinistWilliam Жыл бұрын
Great video, Marc! Love your content and miss it when it’s gone!
@therapiststeve3294 Жыл бұрын
Nice to have you back, Marc. Great video! Are you at liberty to mention the name of your new book? Are you doing this one with the Monks of new Skete as well?
@marcgoldbergdogtrainer Жыл бұрын
🤐
@fan-jo2je Жыл бұрын
Thanks Marc love your content always a joy to watch. Man your collection has got to be amazing at this point you have shared so many beautiful watches over the years. Cheers!!
@michaelriera6277 Жыл бұрын
My Explorer 124270 36mm never went up crazy prices and it’s now dropped a bit but has leveled off. I think it depends on the model.
@jimlittle5769 Жыл бұрын
Depends on why you buy a watch in the first place. Did you buy it to make money, or did you buy it because you love the watch and want to keep it? If you buy to keep, like myself, doesn't matter one bit what the grey market is doing. In fact, maybe if the grey market goes back to normal, you will be SAFER walking around with it on. Also, with grey market prices dropping, maybe scalpers will stop buying watches at the AD just to sell and, in turn, watches will be more available at MSRP from ADs. If you bought from an AD to make money, well, you still can make money, just not as much.
@vinceslapchopper Жыл бұрын
Pepsi on jubilee would be the only watch I would be willing to spend my hard earned money right now, besides the SS Daytona of course.
@JOHNNYSD-43 Жыл бұрын
Prices have not bottomed out, my prediction is that from February we will see some sports models below the list price, the gmt is already near 15,000 euros
@marcgoldbergdogtrainer Жыл бұрын
That would be great opportunity much like we had 3-5 years ago n
@thepiemaster0933 Жыл бұрын
Maybe yes but I really don’t think you will get a discount on a SS gmt
@marcgoldbergdogtrainer Жыл бұрын
The AD certainly won’t be discounting this decade. I believe he was referring to the gray market which used to sell under retail. Oh the good old days.
@JOHNNYSD-43 Жыл бұрын
It is very difficult to know what is going to happen but in my experience when the recession hits next year there will be a lot of supply in the second-hand market, not only watches, but also real estate, high-end cars, as it happened in 2009. The problem is that the lack of liquidity and the rise in interest rates and fear will make people pass up bargains. But as Marc comments, in the long term Rolex is a safe investment if you buy it at list price.
@JOHNNYSD-43 Жыл бұрын
@@thepiemaster0933 What I can assure you that chrono24 prices do not reflect reality, you just have to talk to people in forums and go to local second-hand shops. For example i saw a SD43 and 44 sold at list price
@Macx912 Жыл бұрын
I am always on the hunt for a special watch, but it must have meaning and a good story. With prices coming down I’m sure an opportunity will present itself. I’ll Never sell my Rolexes.
@stockholmpublishings2937 Жыл бұрын
watch market is BROKEN
@Talon173 Жыл бұрын
It will be interesting to see how detached prices between America and Europe…we have bigger issues over here with cost of living etc….bigger things to worry about than wrist trinkets. I suspect prices will continue to fall next year
@impexRQ Жыл бұрын
Well said - December - January will be a big drop
@charlestillery6327 Жыл бұрын
I have a pepsi ss, i paid $8,500 for. I have 5 other Rolex i received as gifts, i will keep forever. My work timepiece is a pocket watch56 مmm 18k Patek Philjppe perpetual calendar. Dress casual the Rolex, Dress casual party a 6104G PP. Rolex will always be the Timepiece for the very successful gentleman or Lady.
@nowthatsfunky7676 Жыл бұрын
Next book :”Marks wise sayings and one liners.”😂
@denniskai2331 Жыл бұрын
Why Rolex? I like the cinematic heritage (I grew up with it); I love the design language, The special formulation of steel they use has a special luster. Most of them are designed to be tool watches and scratches add history and character. For the longest time, pre-bubble, used Rolex watches mostly retained their value and kept pace with inflation, they could be reliably serviced. Mostly they were mid-sized, pretty indestructible, very reliable and accurate.
@tbaker2610 Жыл бұрын
Loved the point-I am glad the speculators are looking for other investment options. I want the fans to have quicker access to some of the timepieces they have been waiting for a chance to purchase. Thanks for the great content.
@emmanuelrodriguez5044 Жыл бұрын
Hi Mark, great videos
@williamrizzo1285 Жыл бұрын
Bruce said "never sell Rolex"!
@matthewhelm3035 Жыл бұрын
Excellent analysis. Just found your channel and subscribed. Cheers
@matthewhelm3035 Жыл бұрын
I too have a Rolex GMT II BLRO. I picked it up from my AD shortly after it was released in 2018. I’ve never been tempted to sell. It’s too good. 🍻
@watchfiends Жыл бұрын
Marc any recommendations on finding a reliable grey dealer to find good prices?
@johncoyle8191 Жыл бұрын
If the flippers and grey market lost their arse , good , I for one won't be shedding any tears for them
@cflau1774 Жыл бұрын
Never sell Rolex😎
@bernhardkainerstorfer3074 Жыл бұрын
Rolex Rolex Rolex... At least you admit that your channel is about wrist candy currency, money retention and long term investment rather than the curiosity of horology. There are so many wonderful brands besides the obvious such as Breguet, Blancpain, Vacheron, Glashuette, Grand Seiko, Breitling etc , but no, at the end of the day we are locked in were the money is, aren't we? At least you are honest in your approach; and I do respect that.
@philandjeninthephilippines8299 Жыл бұрын
Love this Stuff mate.
@ianrichards3534 Жыл бұрын
Did you see the Christies rare watches auction on Monday? 45k hammer price for an Oyster Tiffany
@marcgoldbergdogtrainer Жыл бұрын
Wow!
@jamescoburn6789 Жыл бұрын
It's like houses. Keep if you can. 10-20 years from now the picture could be different. Never sell during a downturn. The rich will pick em up for chips.
@Giovan_Nino Жыл бұрын
The rolexcoaster…
@impexRQ Жыл бұрын
😂😂
@ilja.5874 Жыл бұрын
Why to sell the watches due to price change if they are not an investment assets in first place, but a tools and accessories to wear? The investment approach spoiled the whole dynamics in watch collecting hobby for people with generic interest in watches, not flippers for whom there is not much diference where to raise money, whether it will be crypto, sneakers, watches or NFTs 😂
@markedfortime Жыл бұрын
Pigs get fed, hogs go to slaughter. Watches are not investments.
@mikewingert-savagelyerudite Жыл бұрын
Goldberg……the name says everything….
@sergebernard Жыл бұрын
Rolex GMT Master II ✈️ * how fitting
@alfieakaronaldog Жыл бұрын
Do you think the DeepSea Challenge is going to ever go anywhere near or below list after purchase?
@marcgoldbergdogtrainer Жыл бұрын
The other recent Sea Dwellers have only small premiums but I think this one might be different.
@alfieakaronaldog Жыл бұрын
@@marcgoldbergdogtrainer Thanks, that’s how I feel. Good luck 🤞🏻
@Alexgvigo Жыл бұрын
Went my long time AD and inquired for a Pepsi and root beer : they sounded more optimistic regarding waiting time than in June . We shall see
@marcgoldbergdogtrainer Жыл бұрын
I don’t think supply is increasing but I think more buyers are being conservative about spending.
@Alexgvigo Жыл бұрын
@@marcgoldbergdogtrainer agreed .
@Bruthah3 ай бұрын
No matter how many times you do it, you always know in the back of your mind and your gut that it’s wrong.
@nairazone9838 Жыл бұрын
Good advice like always ❤
@jackflowers999 Жыл бұрын
You feel the Steel? 😂🎉
@marcheezy. Жыл бұрын
Feel the steel.
@inlandwatchreviews5745 Жыл бұрын
Hello Mark
@marcgoldbergdogtrainer Жыл бұрын
Hi!
@swiftusmaximus5651 Жыл бұрын
LOLZ, time to dump was this time last year.
@impexRQ Жыл бұрын
😂😂😂
@ermir4444 Жыл бұрын
Hey Mark, im still waiting for the Ceramic Daytona to hit 100k like you guaranteed. When is it happening please?
@michalis6 Жыл бұрын
Asking a dog trainer for your investments is like asking a confectioner for your health
@ermir4444 Жыл бұрын
@@michalis6 it was sarcasm. You know we are in a huge bubble when dog trainers are giving watch investment advice
@michalis6 Жыл бұрын
@@ermir4444 No it wasn't sarcasm. I was dead serious. If you wish to place your money on investments by asking dog trainers you are totally free to do so. I prefer to ask the experts.
@shattmapantz2969 Жыл бұрын
One of the most unremarkable watches in the metal .. The ultimate every else wants one so I want one to.. isn’t it interesting that grown men often never grow up , group thinking in the extreme .. it’s like that toy that every kid wants because their buddies have one ..
@impexRQ Жыл бұрын
@@michalis6 you are absolutely right 😂😂😂
@robynsjp Жыл бұрын
Poor time to sell, and poor time to buy. Simply hold and keep your powder dry. Waves my 1967 321, the best. And needless to say, Omega it is.
@michaelriera6277 Жыл бұрын
Nice Pepsi Seiko Skx009
@jjlad5037 Жыл бұрын
I've done fantastically well trading watches doing exactly the opposite of whatever you predict.
@Akj6zmdteuxze Жыл бұрын
Those who bought them as investments would need to sell now. The market will tank so much more. Those who say otherwise is not brilliant. Remember this, for every tulip crisis, there will be a very painful bottom and I dun think anyone is feeling that pain just yet ^^
@maximilianbini8544 Жыл бұрын
Bacon is not kosher
@chrispronger6614 Жыл бұрын
Absolutely. Buy for love. Not for money. Rolex will always have to be celebrated. It’s done more for the luxury watch market then any other brand bar none. If you want a quick buck stick to the stock market and try your luck. If you want to love your watch and buy invest for love but smartly then stick to watches. The flippers we don’t want you.
@umq5147 Жыл бұрын
Marc I bought the challenge! I have multiple deep sea dwellers so my ad knew, it was very me. You have the sprite I don’t- we can’t have it all. Or can we?
@marcgoldbergdogtrainer Жыл бұрын
We can. We must. We will! Congratulations! Hugely impressive watch that Challenge!!
@michaelfierman3256 Жыл бұрын
My grandmother always said never marry for money, but it doesn’t hurt to shop in the right neighborhood 😉
@leeharding8306 Жыл бұрын
2 time’s retail for anything is just ridiculous it’s just idiots fooling idiots. I think we all have better things to worry about than a high end fashion watch brand now 🤦🏻♂️
@marcgoldbergdogtrainer Жыл бұрын
You wouldn’t pay two cents for a 1943D penny?
@leeharding8306 Жыл бұрын
@@marcgoldbergdogtrainer that not a product currently in production with a retail price is it 🤔 I did say retail ☝🏻
@josephw.4743 Жыл бұрын
Copy that!
@pistolpete6114 Жыл бұрын
I get the Rolex's and other watches that I like. I realise that prices go up and down. I'm not in it for the flip. Eventually all my watches will be passed onto our kids.
@Jimmymac504 Жыл бұрын
Watch market Is dead !
@joecola6487 Жыл бұрын
Well said .
@TheKatava Жыл бұрын
Excellent vid as usual Marc
@frankm4129 Жыл бұрын
Come I’m sure your weren’t upset when the prices went crazy every one likes to make mo ey And Rolex are now a investment
@pbtony0340 Жыл бұрын
Now is the time to buy 💯
@impexRQ Жыл бұрын
Wait after January - biggest drop will be from December and so on
@mitchkan5671 Жыл бұрын
Man rolex as a brand is finished let's face it it's the most boring brand out of all the major ones
@valengreymoon5623 Жыл бұрын
PHIRST
@marcgoldbergdogtrainer Жыл бұрын
Phist!
@glennbeadshaw727 Жыл бұрын
Way too much talking and not enough w a t c h
@jonnieinbangkok Жыл бұрын
Do you ever wear you Rolexes in Democrat Party run cities or is that just asking for trouble 🤔
@lawrenceonyeagusi7464 Жыл бұрын
Expect prices to go up from December. Rolex factories are shut down in December and January so no watches are being shipped to any AD. From February the watch craziness will pick up more. BUY NOW!!
@impexRQ Жыл бұрын
Absolutely Nonsense… they don’t closed factories here in Switzerland… actually prices will keep dropping drastically in December when winters comes and we move into recession and energy prices will increase even more …are you a dog trainer trying to give financial advice as well? 😂😂😂😂
@lawrenceonyeagusi7464 Жыл бұрын
Nope you’re wrong. Rolex factories closes all shipments in December and January. They could be working but they do not ship any watches to their AD go ask your AD if you don’t know
@impexRQ Жыл бұрын
@@lawrenceonyeagusi7464 you are 1000% wrong - I have gotten Rolex watches from my AD during Christmas time and after New Year’s Day… you don’t know you are talking about
@lawrenceonyeagusi7464 Жыл бұрын
Go talk to your AD you don’t know anything about watches
@mattbradley9022 Жыл бұрын
Following you on instragram!! Respect you and your opinions all the best great video