Our First 5990! But is the Market Crashing? | CRM Life #13

  Рет қаралды 97,711

CRM Jewelers

CRM Jewelers

Күн бұрын

We're a bit worried about the watch market. Are we seeing the calm before the storm? There definitely appears to be something cooking! But...
The good news is that we finally got our first one. Yes, our first Patek Philippe Nautilus 5990, the Jefe of Jefes! During CRM Life #12, you saw Charlie make this deal happen when he set up between Boston watch dealer Danny Prenda and his dad in Bimini. Yes, we traded our Richard Mille RM67-02 Alexander Zverev edition, but the reality is that the watch had been stuck in our inventory for over a month with no takers. While in a market environment that appears to be slowing down, overloading on RMs that don't sell might not be the best plan of attack.
Watch Charlie give you a close up tour of the 5990 from his desk. Even Dan gets to nervously try it on!
Some unboxings, client deals, and interesting phone calls like always, as well as a cameo appearance from our next CRM team member, Sandy! She's Dan's wife and plans to join the team soon to launch our new e-commerce website. Charlie allows Sandy to shadow him during some calls.
We also want to apologize about the Q&A's. We should have added them to the last few episodes, but failed to do so amid the craziness of it all! On this episode, you'll see some very interesting questions answered, including ones about the watches with the most investment merit, whether or not we're buying the dip as the crypto market crashes, and the team's general outlook of life in general (interesting one indeed!)!
Oh, and we start the episode with a short clip of our Father's Day celebration, where you get to vote if she's the right one for Charlie! It sounds weird, but you'll see what I mean!
Make sure to like and comment to get these episodes to as many watch fans as possible. Oh, and let us know what else you would like to see in our future day-in-the-life episodes.
Follow us on Instagram and get access to some of our exclusive deals:
/ crmjewelers
Click the link below to sell us your watch:
www.crmjeweler...
Get prices for Cuban link chains here:
www.crmjeweler...
For collaborations with our brand, click the link below:
www.crmjeweler...
KZbin is not a sponsor of any giveaway, prize competition, or game of chance that is featured on our channel, and you agree to release KZbin from any liability related to the same.
All giveaways, prize competitions, and games of chance that are featured on our channel are conducted through a legally compliant and transparent platform that processes all sign-ups/payments and ensures that we have no influence over any outcome or winner selection process.
Links to legally compliant privacy notices and terms/rules can be found below:
👉 tinyurl.com/pr...
👉 tinyurl.com/te...

Пікірлер: 383
@haymonsworld14
@haymonsworld14 3 жыл бұрын
Betty needs her own channel 🥰
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Ha Ha, she likes it here. We wanna keep her! 😜
@nickdual
@nickdual 3 жыл бұрын
@@Crmjewelers How to know FAKE watches 100%
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@nickdual ask Betty 🤪
@gusseisern1151
@gusseisern1151 3 жыл бұрын
doing what ?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
I agree with you K1W1. Funny how some people keep coming back here to say that we should never to our old one-host model.
@mahdiahmad
@mahdiahmad 3 жыл бұрын
You have probably one if the best day in the life watch channels on all of KZbin. Not only you show the daily business of a watch store, but you also show the Miami life. That makes a very entertainment combination that makes people wanna watch.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks for that feedback Mahdi. I really appreciate it, since we're trying to make these behind the scenes episodes better and better as we go. One thing is for sure, this is a series about our family and the way we do business, deal with customers, etc. We won't make stuff up, like fake deals, but will simply it show it like it is. In the long run, I think people will appreciate it that more. Again, thank you so much for your comment!
@matty89ng
@matty89ng 3 жыл бұрын
5990 is absolutely beautiful and top of the holy grail , I'll take that over RM any day.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
I won't disagree with you on that one Matthew 😉
@noahjia7423
@noahjia7423 3 жыл бұрын
Agreed!!!
@Cm91roi
@Cm91roi 3 жыл бұрын
I thought the 5990 was a bit of a hype job but after seeing it up close, the complications, finish and the attention to detail is absolutely amazing. Incredible piece.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yes, it's a super amazing piece up close Steve.
@Pippinm7
@Pippinm7 3 жыл бұрын
Great video! It’s great that you have a family business. It is awesome to see all of the different people involved in your business: uncles, aunts, fathers, sons etc…. What a blessing to have a business that can involve the whole family! Great content!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you my friend. It truly is a blessing. 🙏
@bigbrotherwatchesdannyboy306
@bigbrotherwatchesdannyboy306 3 жыл бұрын
I love this channel so much! Thank you all! Cheers!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
As always, where deeply grateful for your support Danny. 😉
@212121650
@212121650 8 ай бұрын
the very special crm family . we love you..
@mauriceorayii2964
@mauriceorayii2964 3 жыл бұрын
Stay positive you guys. Everybody's taking a hit right now, but as long as we keep encouraging everyone around us, the markets will bounce back.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Will do Maurice. Thank you! 🙇
@nickdefreitas
@nickdefreitas 3 жыл бұрын
Really enjoy that, great mix of content. Man that rose gold blue dial 5990 really is El jefe. Shout out to Dan dropping the investment knowledge 💪.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks you so much Nick. I found a local liquor store that has the rum. Gonna stock up! 😜
@nickdefreitas
@nickdefreitas 3 жыл бұрын
@@Crmjewelers oh wow, wouldn't have thought they would have carried it overseas, at least I can come to MIA with a lighter suitcase now lol.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Ha Ha, true!
@Greggieboy76
@Greggieboy76 3 жыл бұрын
Fantastic video as always everybody! Friday night, here in England and have enjoyed watching you with a few beers :-)
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Awesome man. That you so much. We'll have a few beers ourselves when we get home today. 😉🍻
@sanderm6942
@sanderm6942 3 жыл бұрын
What I like about CRM is they make a great effort to respond to all comments. This is unlike other popular YT channels in this industry. . Maybe it's because of the lower # of comments? Maybe it's because CrM is genuine? Maybe it's because they are more in tune to the market? Whatever it is I appreciate their efforts. I am still wondering where the grey market is trending. Thanks.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
I appreciate that you appreciate it, Ryan. People deserve to be answered and that's why we do our next job at it. Besides that, it's fun. 😉
@WeAreStatus
@WeAreStatus 3 жыл бұрын
That 5990...... brought a smile to my face too
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Ha Ha, it has that effect on people Ryan 😉
@petersmith5832
@petersmith5832 3 жыл бұрын
New to your channel, much respect. I do have to admit your family and accent is great. No nonsense to the point. Peace!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you Peter and welcome to the channel. The purpose of this channel is to provide the raw reality of our family in an ultra competitive business. You will not find fake deals or acting like in other channels, but that's just us.
@petersmith5832
@petersmith5832 3 жыл бұрын
@@Crmjewelers family is everything!! Next our faith. Thank you!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
100% 👍👍
@watches6340
@watches6340 3 жыл бұрын
Good to see how the 5990 actually works, I tried one at the Patek Philippe exhibition in my AD but was amazed it didn't actually work.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Your AD's watch didn't work?
@watches6340
@watches6340 3 жыл бұрын
@@Crmjewelers the exhibition is going around all the ADs, none of them work, they have parts removed to stop them from being stolen apparently.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@watches6340 wow, that sucks.
@phillipmeacham
@phillipmeacham 3 жыл бұрын
Love watching the watches and family. Good people
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you Phillip. We really appreciate your support.
@mikefry5704
@mikefry5704 3 жыл бұрын
Nice to see all the family enjoy life great watches nice people great vlog. Enjoy PS love all the Art work
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you like always Mike. Really appreciate your support. 🙇
@mikefry5704
@mikefry5704 3 жыл бұрын
Anytime
@frankthetank5013
@frankthetank5013 3 жыл бұрын
Thank you for answering my question!! Keep up the good work. 👍🏻
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Will do Frank. Thank you for your support.
@darreljames9180
@darreljames9180 3 жыл бұрын
Great video guys, my first CRM video. I watch Timepiece Gentleman, Roman Sharf, Watch Eric and now I have another weekly video I’ll look forward to 🤙🏽
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Hi Darrel. Thank you so much for watching and welcome to our show/family.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
They seemed to have disappeared, not answering phones, emptied out their store, etc. Not good.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@roaringkittygmegamestop5785 people are unfortunately blinded often by the level of enthusiasm of others. That's how they get screwed. We're being overloaded with questions about TPG, so we'll address this during this Friday's Q&A session on CRM Life.
@MsGman598
@MsGman598 3 жыл бұрын
Dan looks terrified when he put the 5990 on 🤣🤣🤣
@Crmjewelers
@Crmjewelers 3 жыл бұрын
LOL, so right 🤣
@JValek
@JValek 3 жыл бұрын
Another great video. Thanks guys!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks man. Stay tuned for tomorrow's episode. Lots of drama in the gray market. 😜
@alfredocastaneda54
@alfredocastaneda54 3 жыл бұрын
Tremendous content here 👍🏻👍🏻👍🏻 I was surprised to hear a piece of a Vicente Fernandez song haha. Keep up the good work!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you so much Alfredo. Trying to get the word out on our CRM Life series, so we're extremely happy that you like them. 👍👍
@vforvictor3320
@vforvictor3320 3 жыл бұрын
You guys at CRM keep hitting the ball out off the park
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you Victor. We're trying hard, but will always keep it real and genuine.
@tbd1613
@tbd1613 3 жыл бұрын
Great episode CRM. Great content. Watched it twice. Looking forward to more videos. Wish you all would expand into other brands like FP Journe, Lange, and Vacheron.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Hey George. Thank you for watching. We're definitely expanding and with ecommerce, it's definitely possible. 👍
@samuelburton5576
@samuelburton5576 3 жыл бұрын
That guy who traded his 5990 for that RM is fucking nuts. You saw him coming a mile away. Richard Mille watches are not anywhere worth their price being asked
@Crmjewelers
@Crmjewelers 3 жыл бұрын
That's a Boston dealer. I had bought the RM from him a month or so ago and he took it back in the trade. 🤪
@chillywilly7204
@chillywilly7204 3 жыл бұрын
i used to be a fan, now im an air conditioner
@jayrolexdollars5229
@jayrolexdollars5229 3 жыл бұрын
@@chillywilly7204 but why u hating on them , dude wanted his Richard Mille back and with the right connect u can buy a 5990 from patek for 150,000$ probably retail , so they both won , you shouldn’t hate on them that the business world ,you buy what u like
@JBando_203
@JBando_203 3 жыл бұрын
@@jayrolexdollars5229 re read his comment
@SHONUFF772
@SHONUFF772 3 жыл бұрын
Charlie you’re the man brother - loving the videos! Much love from Brooklyn!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you my friend. Much love from Miami. 👍👍
@georgelambertson300
@georgelambertson300 3 жыл бұрын
Charlle,,To add what you were saying about Customer Service is more like {You Treat People Like Family) which is the golden Rule Treat People the way you want Too be Treated...
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you George. That's definitely it. 👍
@edkline457
@edkline457 3 жыл бұрын
Between Grey Market and CRM life, I get all my reality watch show fixes. Amateur Anthony should take notes. Not everything is about you. CRM is KING
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Hi Ed. Thanks for the support. This show is about our family and about the way we do things in this ultra competitive industry. I think that in this business, as in life, everyone needs to remember where they came from and to be humble. It takes walking a fine line to do that in a business where you're working with luxury item, one wrong stem and an attempt to inspire can be mistaken for a tasteless attempt to show off.
@NinjaFighter31
@NinjaFighter31 3 жыл бұрын
gold watch looked good on Charlie's wrist. Charlie's partner has a nice blue friendship style bracelet
@jlo6232
@jlo6232 3 жыл бұрын
Charlie’s the man! He better not be go anywhere!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Ha Ha, you mean we shouldn't fire him? 🤪
@watchingtimepassby
@watchingtimepassby 3 жыл бұрын
Those yellow Nikes are insane!
@sflspotter6638
@sflspotter6638 3 жыл бұрын
First off that 5990 is the absolute best watch hands down in my humble opinion. Now for the funny part you got people calling in trying to sell their watches retail to retail lol. It’s looking like 2007-08 real estate market correction but in the watch market now. The bubble has burst it seems and it’s about time for a correction. Now it’s time to see what dealers are still going to be around after the bottom drops out. It’s obvious you guys are here to stay especially in my own backyard. I have to be honest though JR Dunn is my AD and has been for many many years. The industry lost a very well respected guy RIP Jim your truly going to be missed. Keep up the great videos by the way.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks my friend. It's going to get interesting for real. 😉
@jacstoneu
@jacstoneu 3 жыл бұрын
You can tell TPG is already sweating the correction now
@sflspotter6638
@sflspotter6638 3 жыл бұрын
@@jacstoneu yup 👍 they’re trying to get liquid and that’s going to be tough now. No more posts on their weekly numbers you notice that?
@jacstoneu
@jacstoneu 3 жыл бұрын
@@sflspotter6638 damn good point! Didnt even think about that. When you are inventory heavy and you are only working on 10-15% margin and the market takes are turn you are in trouble
@sflspotter6638
@sflspotter6638 3 жыл бұрын
@@jacstoneu yes that would be true. Ego’s fuel ignorance and ignorance makes for great deals to be had. There will be a lot of wholesale deals being had now. The ones with deep pockets will survive.
@andreagate542
@andreagate542 2 жыл бұрын
great vibe! Charlie what size and type of chain were you wearing in that bar scene?🙏🏽🙏🏽
@jacstoneu
@jacstoneu 3 жыл бұрын
You guys have step up the game enjoying the new vlog keep it up
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you so much man. Really appreciate it 🙇
@peregrine__
@peregrine__ 3 жыл бұрын
Los mejores, happy to see a new video
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you Montero!
@jacstoneu
@jacstoneu 3 жыл бұрын
That dude that called about the platinum daytona called TPG too
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yes, the guy has been calling around. What wheelchair dude?
@Latino1777
@Latino1777 3 жыл бұрын
CRM Jewlers , best channel on KZbin... At least in my world.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you so much for your support my friend. Come by and pick up your shirt. 😉
@TimQueenan
@TimQueenan 3 жыл бұрын
At 21:22 same guy from Timepiece Gentleman's latest video shopping around Platona. We was looking for 115 at TG and here 118.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yup, same guy. This is like the 6th comment we get about this guy.
@MarcYanOfficial
@MarcYanOfficial 3 жыл бұрын
Luxury Bazaar and CRM are the only two grey market dealers I would buy from hands down.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you for the vote of confidence Marc. 🙇
@watch_habit
@watch_habit 3 жыл бұрын
Another great vid 👊
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks for watching! 🙇
@sluny1
@sluny1 3 жыл бұрын
Love this piece... real killer
@stimmybois9067
@stimmybois9067 3 жыл бұрын
The guy with the Platinum Daytona was in The Timepiece Gentleman's new video today trying to sell it to them too lol. Calling every dealer just like yall have been saying.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
LOL, it's all good.
@nr1416
@nr1416 3 жыл бұрын
Nothing wrong with that, guys just trying to make as much as he can. Dealers don't like that cause they want to control the market and make all they can.
@edkline457
@edkline457 3 жыл бұрын
@@nr1416 nobody likes dumb dumbs.
@avantgarde8551
@avantgarde8551 3 жыл бұрын
That Patek is insane!!!!!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks man!
@alanmacer5078
@alanmacer5078 3 жыл бұрын
Great upload , thanks CRM
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks man. We screwed up the audio a bit in around 20 seconds of the video, but for the most part, are very happy with the outcome. Thank you so much for watching!
@bigbrotherwatchesdannyboy306
@bigbrotherwatchesdannyboy306 3 жыл бұрын
Can I please ask something? Which Oyster Perpetual 41mm colour is the most popular and demands the highest premium in Miami? I am so curious!
@frankvelez7667
@frankvelez7667 3 жыл бұрын
Wasn't the call with Betty where the guy asks about the 5980 on last week's episode too?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
I think it may be time to fire our editor. 🤦
@fame0095
@fame0095 3 жыл бұрын
i thought so too, i had to make sure i wasn’t watching a re-run
@Crmjewelers
@Crmjewelers 3 жыл бұрын
LOL, a little mix-up courtesy of our video editor. 🤪
@watchclog2979
@watchclog2979 3 жыл бұрын
I wish we had customer service like yours here in England!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you for the vote of confidence.
@dementor5793
@dementor5793 2 жыл бұрын
OMG Beautiful!
@edlee7518
@edlee7518 3 жыл бұрын
dude's trying to sell his platona is the same guy who tried offering to anthony @TPG
@Greggieboy76
@Greggieboy76 3 жыл бұрын
Just noticed that too.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
LOL, these guys get around. 🤷
@keithj460
@keithj460 3 жыл бұрын
Are there a lot of retail buyers at these prices? It seems like dealers and "investors" are just trading watches around to one another for higher and higher prices....
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yes there are. Whoever is saying that the price increases are mainly due to dealer to dealer interactions doesn't know what they're talking about.
@keithj460
@keithj460 3 жыл бұрын
@@Crmjewelers Thanks for the reply. Market has gone up a ton! Makes sense with stocks and real estate booming.
@joffreyperalta8430
@joffreyperalta8430 3 жыл бұрын
On the 12minute why there's a second voice??? 😭😭😭
@andychang7137
@andychang7137 3 жыл бұрын
everything is still keeping going up definitely not crashing but growing~
@Crmjewelers
@Crmjewelers 3 жыл бұрын
We'll see over the next few months.
@DR-86
@DR-86 3 жыл бұрын
Unpacking is like Christmas lol
@Crmjewelers
@Crmjewelers 3 жыл бұрын
LOL, definitely is. 😉
@sb1806
@sb1806 3 жыл бұрын
Charlie's a good dude man! You raised a good son senior!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you so much my friend. I'm super grateful for Charlie.
@teloentuco
@teloentuco 3 жыл бұрын
hi, what is the expresion carlos is saying when making the sale? masah? what does it mean?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
It's an Arabic expression to seal the deal.
@benjaminrivas2831
@benjaminrivas2831 3 жыл бұрын
Buen video Carlos saludos al papá y al hijo desde El Salvador.
@benjaminrivas2831
@benjaminrivas2831 3 жыл бұрын
@@Crmjewelers gracias Carlos, buen video por cierto, y un buen trato por el Patek Philippe 5990 oro rosado
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@benjaminrivas2831 Que extraño Benjamin, no veo mi respuesta a tu comentario original.
@benjaminrivas2831
@benjaminrivas2831 3 жыл бұрын
@@Crmjewelers tampoco yo veo el primer comentario, osea la primera respuesta
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@benjaminrivas2831 si, esta extraño.
@sanderm6942
@sanderm6942 3 жыл бұрын
Another question...Do you think that a Rolex 3230 movement (one year old) should gain +5 seconds one day after winding? Or is that cause for concern based on the -2/+2 per second spec for this movement?
@sanderm6942
@sanderm6942 3 жыл бұрын
I think I figured it out. If I don't wind the watch it keeps time within about 1 second per day which is awesome. However if I wind the watch it throws it off by about +5 seconds. Intersting. I never knew that winding would have an effect like that. Thoughts?
@NinjaFighter31
@NinjaFighter31 Жыл бұрын
18:44 what watch is charlie wearing.. 11:11 awe betty w/o her datejust(s)
@jacstoneu
@jacstoneu 3 жыл бұрын
Backpack watch dealers must be sweating right now! The watch market is starting to have a correction for a few reason 1. No more PPP and Stimulis money 2. Rolex has started delivering more Inventory. So probably a 10-20% correction on pricing is coming
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Good points man.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@BUMHEAD1100 we did mention that prices were getting soft and the market is starting to shift.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@BUMHEAD1100 Oh, OK. No worries. That's why I was as bit confused. Thanks for watching and commenting man. We really appreciate it!
@papricep6248
@papricep6248 3 жыл бұрын
I used to buy 5990s for 30% under list. Bought them by the sack full.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Those days are unfortunately gone. 🤷
@nr1416
@nr1416 3 жыл бұрын
CRM keep up the great content! When are you going to start a Facebook group and start charging people $2k to join. Lol
@nr1416
@nr1416 3 жыл бұрын
@@Crmjewelers haha. You took the words right out of my mouth.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@nr1416 It's weird. I can't see our initial reply to your comment.
@WJE58F
@WJE58F 3 жыл бұрын
8:45 when you realise the guy on the phone has spent millions with you
@freddy1767
@freddy1767 2 жыл бұрын
Great content
@SecretGameStash
@SecretGameStash 3 жыл бұрын
How is the watch market doing now? People keep saying it's on a holt and what's your opinion
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Things have definitely slowed down a little bit.
@C.._
@C.._ 3 жыл бұрын
Charlie knows where to get the best lobster rolls!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yup, he's an expert in food like some of our friends. 😉
@C.._
@C.._ 3 жыл бұрын
@@Crmjewelers tell him the next time he comes up this way I'll treat him to one!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Share the wealth.
@sanderm6942
@sanderm6942 3 жыл бұрын
Question for CRM...I'm curious to know what your plan is when the grey luxury watch market starts to tank?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Same plan as when it tanked in 2008 (even though we weren't around at that time), same time as when it tanked during the beginning of the pandemic in early 2020, etc. What many people seem to not realize is that the period we're going through has some unique characteristics. What the Fed and other central banks have done and continue to do is something new. That is the main culprit behind abnormal prices in many commodities and assets. It's new territory. Many people were calling for the destruction of the luxury watch market during the first quarter of 2020. Look at what actually happened.
@sanderm6942
@sanderm6942 3 жыл бұрын
@@Crmjewelers Thanks for your detailed answer. Follow up question...Do you feel that companies like Rolex, AP, and PP will attempt to increase supply to hurt the grey market demand?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
@@sanderm6942 not really.
@sanderm6942
@sanderm6942 3 жыл бұрын
@@Crmjewelers Interesting. Thanks.
@НазеркеАзбай-и2о
@НазеркеАзбай-и2о 2 жыл бұрын
Wow bomba 💣
@BrianKirby_The1andOnly
@BrianKirby_The1andOnly 3 жыл бұрын
If Charlie goes, we go! Very wise choice not letting him go. 🤣
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Ha Ha. You just made Charlie's day! 😉
@jrock8941
@jrock8941 Жыл бұрын
2:58 VICENTE FERNANDEZ 🙏🏼
@Nazik1207
@Nazik1207 2 жыл бұрын
Wow 🤩
@LogicalNimbus
@LogicalNimbus 3 жыл бұрын
I wish you placed photos on the screen when speaking about watches.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Agree, we gotta get better at that. 👍
@ДиасСолтан-щ6п
@ДиасСолтан-щ6п 2 жыл бұрын
Nice 👍
@ШынарЖалгасова-г8ц
@ШынарЖалгасова-г8ц 2 жыл бұрын
Amazing
@jacstoneu
@jacstoneu 3 жыл бұрын
Charlie big pimpin!!!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Ha Ha, spending cheese.
@roybatty6368
@roybatty6368 3 жыл бұрын
32:58. Only top tier brands @ CRM. That guy should realize JLC is NOT a buy. All their boutiques closed and dealers won't touch them. Keep money out of bad brands..
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yeah, we try to focus as much as possible on buying pieces that have a better resale value for investment purposes.
@Miles0370
@Miles0370 3 жыл бұрын
Do you guys also make silver Miami Cubans? I will be ordering a gold and silver chain soon
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Hey Miles. Unfortunately, we just make the chains in gold.
@Miles0370
@Miles0370 3 жыл бұрын
@@Crmjewelers oh man, I really will want a matching silver cuban once I purchase a gorgeous gold one from you guys.
@TotheMoon999
@TotheMoon999 3 жыл бұрын
Imagine being confused if it’s 12am or 12pm. What a life you would be living lol
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Huh?
@TotheMoon999
@TotheMoon999 3 жыл бұрын
@@Crmjewelers you said the Patek has a day and night option, so you tell if it’s 12am or 12pm
@loser125555
@loser125555 3 жыл бұрын
@@TotheMoon999 can be confusing in Iceland
@stevegarthwaite9429
@stevegarthwaite9429 3 жыл бұрын
I think some of these flippers getting burned buying watches they can’t move will help soften the market and help dealer margins again. Grey dealers are rarely buying stock from ADs, it’s flippers who want to buy a sea dweller and flip it right away. Let a few guys get stuck with a watch they don’t want and the whole market will start to settle down. If a dealer has to pay $12k on a sub to make $1k but used to be able to make that same $1k on an $9k investment, their margins have gotten squeezed. Good luck CRM.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thanks Steve. We'll be okay, just like when the pandemic hit and people said watch prices would drop 50%+. Sometimes basic math behaves slightly differently in a nonlinear world. 🤷
@stevegarthwaite9429
@stevegarthwaite9429 3 жыл бұрын
@@Crmjewelers you’re probably better insulated by being further upmarket. The Richards are still super rare as well as the Pateks you’re moving.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
True, for the last year or so we've been focused on more exclusive pieces, but we're still a little worried about the Richards.
@javigasgas8685
@javigasgas8685 3 жыл бұрын
Estoy deseando ver un nuevo video de trabajo de taller, gracias
@Crmjewelers
@Crmjewelers 3 жыл бұрын
La semana que viene Javi 😉
@bigbrotherwatchesdannyboy306
@bigbrotherwatchesdannyboy306 3 жыл бұрын
Do people still pay in bitcoin during this dip?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yes, we continue to see Bitcoin purchases every week.
@costahammer48
@costahammer48 3 жыл бұрын
As I said this to you before the inflation in the Watch market was linked a lot to crypto and now crypto has had a huge retrace watches start to flatten off and even reduce prices .. the correlation is there to be seen!... I’ve spoke to many watch dealers during the surge in prices and all said the clientele was of a younger demographic hence Crypto 🤷‍♂️
@Crmjewelers
@Crmjewelers 3 жыл бұрын
We must have a different demographic then 🤷
@costahammer48
@costahammer48 3 жыл бұрын
@@Crmjewelers Maybe it seems a lot younger clientele than usual for most of them plus a lot had been paying with their huge Alt coin & defi profits, not just the more popular cryptos like BTC, ETH and using fiat to buy the watches not crypto address to address!
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Even if they would use stablecoins to pay, which we accept, we would count that as a crypto transaction, but the reality is that crypto transactions still make up a very small fraction of our entire orders.
@costahammer48
@costahammer48 3 жыл бұрын
@@Crmjewelers that’s what I’m saying a huge amount are not using BTC or stable coins they are using Alt coins cashed into fiat so you wouldn’t know the source of their funds!...Not everyone takes cryptos & some have only just started recently !
@Crmjewelers
@Crmjewelers 3 жыл бұрын
So you're telling me that they're going the extra mile and, moving the stable coin back to fiat, and paying us directly with their banks? Why the extra hassle if they're already unexposed to market risk? I know that not every dealer is acception crypto, except the few that want to seem like crypto experts after they've started watching our episodes, but we do we're basing our information on internal data that we can confirm.
@peterk814
@peterk814 3 жыл бұрын
Lol they make the blnr on oysters again. But nice job
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Jenny is a little rusty. Don't be mean. 😂
@mrcool76789
@mrcool76789 3 жыл бұрын
29:40 i think buffet has a similar strategy
@WatchMan23
@WatchMan23 3 жыл бұрын
That same guy who rang about the plat daytona for 118, same guy on TimePiece gentleman asking 115..
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Yes, a few people have already commented about that.
@jacstoneu
@jacstoneu 3 жыл бұрын
Best Watch Vlogs in order 1. CRM 2. Roman 3. TPG
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you! I'm glad we're on your list. 😉
@calwynjarnezis2632
@calwynjarnezis2632 3 жыл бұрын
2:05 Charlie fully whipped, or nah? 😁
@Crmjewelers
@Crmjewelers 3 жыл бұрын
She's actually a good friend of his LOL.
@bishopmayberry8762
@bishopmayberry8762 3 жыл бұрын
God bless you and your family buddy
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Thank you Bishop!
@tbprofile1295
@tbprofile1295 3 жыл бұрын
Can you pass along the name of the music theme? Very relaxing, thanks. 36:09
@RadDadisRad
@RadDadisRad 3 жыл бұрын
Watch market won’t collapse.
@Crmjewelers
@Crmjewelers 3 жыл бұрын
I hope it doesn't.
@jacstoneu
@jacstoneu 3 жыл бұрын
It wont collapse but there is a correct happening
@isla4238
@isla4238 3 жыл бұрын
As an Egyptian iam interested in the part where one was asking on the hulk "one of the egyptian voices" !! What does it mean??
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Maybe he was Egyptian 🤷
@isla4238
@isla4238 3 жыл бұрын
@@Crmjewelers no I thought there was a Egyptian group working with you as charlie said I know Egyptian dont waste time! Its sounds like a familiar group working with you . Anyway nice video as usual🙏👌
@Crmjewelers
@Crmjewelers 3 жыл бұрын
No, we don't work with any Egyptian groups yet.
@sidneyt1016
@sidneyt1016 3 жыл бұрын
I think I have a crush on Betty!😍
@Crmjewelers
@Crmjewelers 3 жыл бұрын
LOL, there's a waiting list 😉
@paulpicone1121
@paulpicone1121 3 жыл бұрын
CRM LETS GO MIAMI ALL DAY
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Let's do it Paul! 😉
@wuaw2011
@wuaw2011 3 жыл бұрын
Actually you can order Batman on oyster again! Gotta love Rolex :)
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Jenny needs to get out more LOL. 😂
@stevenlin1615
@stevenlin1615 3 жыл бұрын
Rolex did release Batman with the oyster bracelet again 😬🤭
@spacehippie315
@spacehippie315 3 жыл бұрын
I want a life like this for me and my kids so bad i will have it
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Amen to that 🙏
@ДиасСолтан-щ6п
@ДиасСолтан-щ6п 2 жыл бұрын
Nice
@jayrolexdollars5229
@jayrolexdollars5229 3 жыл бұрын
Do a video on what you guys think ?
@Crmjewelers
@Crmjewelers 3 жыл бұрын
We're covering this topic further this Friday on CRM Life #14.
@milesmadison4671
@milesmadison4671 3 жыл бұрын
The White guy in the black tank top is every watch stores worst nightmare for a paying customer, the minute he puts the rm down they snapped it away from him
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Are you referring to Jake from Horus Straps. He's part of Horus. LOL
@ronp4737
@ronp4737 3 жыл бұрын
CRM great videos...keep them coming
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Than you Ron. That's the plan 👍👍
@jamesdiamond820
@jamesdiamond820 3 жыл бұрын
Apologise for this I've bad quality on my sound , why are the prices crashing
@Crmjewelers
@Crmjewelers 3 жыл бұрын
Different dealers are talking. There's a certain stench in the air.
@jamesdiamond820
@jamesdiamond820 3 жыл бұрын
Thanks for the reply that's why I buy what a like as a customer then if it goes up or down makes less difference
@mist3rwang
@mist3rwang 3 жыл бұрын
Not necessarily true what she said about the Batman. Rolex re-released the Batman on the oyster with the new movement.
@autismawareness8912
@autismawareness8912 3 жыл бұрын
22:13. This same joker called Anthony from TPG and told him he'd sell it tohim for 105K. Hahahah. I don't know how you guys deal with these snakes.
@stevenlin1615
@stevenlin1615 3 жыл бұрын
Guy invested close to 90K (or whatever retail is) to make some profit, what’s wrong with shopping around to maximize on it? It’s not like he got business/personal relationship with either one of them. Or if he would commit to one of them and then try to back out of the deal for more money that’s wrong but initially doing your homework trying to get top dollar seems normal. Same as you or me as an end consumer shopping around before the purchase to get best deal
@autismawareness8912
@autismawareness8912 3 жыл бұрын
@@stevenlin1615 Not even close, first off the guy doesn't have the watch. He didn't "invest anything" 99% of the snakes trying to play the watch game the last couple yrs don't own anything. Listen closely, "Its going to come". He doesn't have the watch in hand and why do you think CRM won't quote prices anymore? You think they stopped because a bunch of "good businessmen" are trying to do honest business with them? Obviously you've never dealt with watch snakes before. They're one tier above selling snake oil. Trust me, the CRM Fam know what I'm talking about, they won't say it because they're in the biz but I'll say it for them.
@jacstoneu
@jacstoneu 3 жыл бұрын
@@autismawareness8912 Those over night flippers days are numbered Rolex is starting to push out more inventory and no more PPP and Stimmie money left
@autismawareness8912
@autismawareness8912 3 жыл бұрын
@@jacstoneu I agree, it was a complete embarrassment the last yr or so. Gave a black eye to a business with a lot of really good people in it. It happens in every industry at dome point. Lol
@stevenlin1615
@stevenlin1615 3 жыл бұрын
@@autismawareness8912 whether he purchased the watch already or will once he “pre sells” it still means he will invest money at some point in order to complete the transaction because obviously he won’t get funded upfront. Going back on what he’s doing, yes 1000% it’s annoying to deal with stuff like that but you can ask CRM or any other business owner it’s PART OF DOING BUSINESS. Same happens in my business (automotive), I’m not sure why people have expectations that clients (especially first time without any prior relationship) should be loyal, understand etc…they have no feelings/connections to the business same as you as a business owner have none for them. I own used car dealerships and clients call us all the time while shopping with 5,10 places for $500, but it is what it is. Only thing you can do as a business owner either tell your staff fight for each deal or take position like CRM where you can let them go. Neither one approach is wrong, they’re just different and of course depends how well the business is doing. I can almost guarantee any starting business will fight or at least should fight for each client until they grow to the point when they can pass on “annoying” deals without hurting their button line. Now looks like CRM is in a great position so they can afford to do that and good job to them and best of luck!!!
СИНИЙ ИНЕЙ УЖЕ ВЫШЕЛ!❄️
01:01
DO$HIK
Рет қаралды 3,3 МЛН
She made herself an ear of corn from his marmalade candies🌽🌽🌽
00:38
Valja & Maxim Family
Рет қаралды 18 МЛН
Леон киллер и Оля Полякова 😹
00:42
Канал Смеха
Рет қаралды 4,7 МЛН
No bottom? No problem...Let the buying BEGIN! | CRM Life E61
53:09
CRM Jewelers
Рет қаралды 73 М.
10 Secrets to Achieve Financial Success
1:53:02
InstituteofTrading
Рет қаралды 2,5 МЛН
Building A $7,000 Dagger In 2 Months
43:45
Kyle Royer
Рет қаралды 773 М.
FULL BUILD - REBUILDING A CRASH DAMAGED FERRARI F430
2:53:18
Mat Armstrong MK2
Рет қаралды 10 МЛН
I Spent 100 Hours Inside The Pyramids!
21:43
MrBeast
Рет қаралды 13 МЛН
We Took $100K Winners to Cuba... What Happened 😱  | CRM Life E198
28:42
I Lost $165,000 On A Single Watch! | CRM Life E88
34:35
CRM Jewelers
Рет қаралды 39 М.
СИНИЙ ИНЕЙ УЖЕ ВЫШЕЛ!❄️
01:01
DO$HIK
Рет қаралды 3,3 МЛН