MAKING MILLIONS Buying Luxury Watches - This is how...

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Phil Reid

Phil Reid

Күн бұрын

Пікірлер: 115
@okidoki2952
@okidoki2952 2 жыл бұрын
If the sales people like you they’ll give you the watches.....all those making the money are the flippers wit “relationships” They are all selling to flippers who sell them to people like you who are ruining it for genuine watch people wanting to buy a Rolex
@yandenuts
@yandenuts 2 жыл бұрын
I have just discovered Phil. What a great channel. You don't need to be selling Rolex's etc to have fun selling watches and make some money too. In the past decade I've sold around 100 x1963 Seagulls. You know, the Re-issue with the manual wind ST19 cal movement, typically goes for around $AUD300. I have had so much fun buying and selling these and the profits have allowed me to invest more in to my own watch collection which is mostly Omega.
@ulrichk7727
@ulrichk7727 2 жыл бұрын
Is the GBP 1 million profit you mention actual realised (i.e. cash in hand) profit or "virtual"/theoretical profit based on Chrono24 prices? If he's invested 1.5 million already, how much of that has he recouped or is all that cash still strapped in watches? It's very easy to make big statements like these but you need to look closer to understand what is actually happening. Unless he sells all his watches at the highest market prices, I suspect the profits are still just imaginary.
@PhilReid
@PhilReid 2 жыл бұрын
he could liquidate in minutes and make the million....
@ulrichk7727
@ulrichk7727 2 жыл бұрын
@@PhilReid somehow, most (incl. myself) would struggle to agree with that but I guess he knows his collection best
@carforumwanker
@carforumwanker 2 жыл бұрын
If he can afford to rent /own a flat at the "wardian" building in london, he must be doing something well. But a good dealer would not give so much info away ....never know who might follow him :-)
@nickc2972
@nickc2972 2 жыл бұрын
@@carforumwanker he doesn’t own it, he’s renting the smallest studio flat. It isn’t expensive, about £1500 a month and most entry level professionals in city can afford that… don’t be fooled by this swindler.
@carforumwanker
@carforumwanker 2 жыл бұрын
@@nickc2972 ! But its where he lives . And something is wrong with his claims …… no way is he buying the watches. In fact something about many of these dealers if iffy
@Neil-uw5jr
@Neil-uw5jr Жыл бұрын
Sweet vid. Did this guy really just say G Shock is a local business?
@marceloserramartins7387
@marceloserramartins7387 2 жыл бұрын
So the the way to get it is to show the AD that you are not flipping it you are telling me that the AD that give this friend 2 a month don’t know? They offer him the same watch over and over for sure, why would he need the same more than once. Clearly he is giving the AD staff a cut of the profit he makes otherwise what is the justification for an AD to sell the same model to the same person. A collector had 1 or maybe 2 tops of the same model - scam all around
@R187-g2i
@R187-g2i 2 жыл бұрын
whats ad stand for mate ?
@Hugecannonballs
@Hugecannonballs Жыл бұрын
Where do you source your watches from?
@ajackofspades
@ajackofspades 2 жыл бұрын
If the Airking actually goes up in value then that shows how fucking artificial the watch market is. That dial is a crime against horology and the Airking name.
@ulrichk7727
@ulrichk7727 2 жыл бұрын
the watch is certainly a "love it or hate it" kind of thing. personally had the opportunity to buy it several times, each time refused due to that dial and thickness of the case
@ajackofspades
@ajackofspades 2 жыл бұрын
@@santorini8423 The Milgauss is stunning I'll let you off for that one!
@ajackofspades
@ajackofspades 2 жыл бұрын
@@santorini8423 the north flag would be my favourite actually!
@ajackofspades
@ajackofspades 2 жыл бұрын
@@santorini8423 I made the mistake of not buying the Tudor heritage chrono when I found a brand new one in stock!
@AJM0395
@AJM0395 2 жыл бұрын
Sourcing watches could be another way of making money. Particularly as it wouldn't require capital to startup.
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
You can be a Watch Dealer ''after school'' according to pink beanie wearing Phil....
@gavinsverdloff4291
@gavinsverdloff4291 2 жыл бұрын
Someone told me the Messiah is coming very soon. If you are lucky enough to have the funds to purchase a wristwatch, part of the experience is to visit a retailer select, try on, & receive a guarantee from the seller backed up by the manufacturer. Take care everyone, the market is moving all the time, & not just up! 🙏
@bankruptbritain6103
@bankruptbritain6103 2 жыл бұрын
Posing little pratt
@harrydyer6275
@harrydyer6275 2 жыл бұрын
How much for the batgirl bro ?
@harrydyer6275
@harrydyer6275 2 жыл бұрын
A free. Batgirl 😆😁😁
@harrydyer6275
@harrydyer6275 2 жыл бұрын
Is that an email it won’t send ?
@MrDavidcarp
@MrDavidcarp 2 жыл бұрын
❤️⌚️❤️👌🏿
@davidfoy8843
@davidfoy8843 Жыл бұрын
so much of nothing about nothing. I feel bad for 17,751 + 1 (me) people for losing nearly 15 minutes of their lives. But hey Phil is a nice and entertaining Chap.
@cellsforcheap4995
@cellsforcheap4995 11 ай бұрын
Exactly it's all fluff and bullshit. Money of these youtubers do anything but bait you into watching the videos to generate KZbin ad revenue. The leprechaun will never tell you where the pot of gold is. Pisses me off. Just shut the fuck up stop lying and not revealing jackshit.
@bonsaipiper3773
@bonsaipiper3773 2 жыл бұрын
"we're a gender neutral clothing company. Okay so gays, women, and gay women.
@richardb2004
@richardb2004 2 жыл бұрын
Offering financial advice and investments now, be careful.
@ulrichk7727
@ulrichk7727 2 жыл бұрын
is the pink hat your way of coming out, Phil? are you trying to tell us something???
@stever7097
@stever7097 2 жыл бұрын
Why wear a woolie hat indoors?
@ceciliaj1733
@ceciliaj1733 2 жыл бұрын
Hi which VAT system do you use as watch trader? Margin scheme ?
@arkawiproductions3888
@arkawiproductions3888 2 жыл бұрын
Phil: ‘What’s that, VAT?’ 😂
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
No income tax, no VAT......
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
@@santorini8423 But as Trigger might say, Dave is not as pretty as pink beanie wearing Phil.....
@rorywoods6344
@rorywoods6344 2 жыл бұрын
@@arkawiproductions3888 Its what you are called if you are a large chap in Russia.
@glynmatthews678
@glynmatthews678 3 ай бұрын
lol .... he is way over the VAT limit for sure
@essexwatchenthusiast9888
@essexwatchenthusiast9888 2 жыл бұрын
It would be good to hear what due diligence you do Phil to authenticate the watches you purchase while travelling to collect watches all over the country, service & polish to retail ready including warranty? This info would be much appreciated to create the trust required to buy from you.
@ericspaans4008
@ericspaans4008 2 жыл бұрын
I was just thinking this.
@James-dx9ho
@James-dx9ho 2 жыл бұрын
LOL he dpesnt
@chrisgt198726
@chrisgt198726 2 жыл бұрын
would you buy anything from a man in a pink cap?
@bonsaipiper3773
@bonsaipiper3773 2 жыл бұрын
@@chrisgt198726 maybe a dilo?
@sonny9961
@sonny9961 2 жыл бұрын
Thanks bro, great advice. I’m a Rolex collector, Been buying from the grey market since 2017, going to try my luck with my local AD this year 🙌
@jonodunn2592
@jonodunn2592 Жыл бұрын
Cutting people’s arms off seems like another way of making money off watches
@jamieopulence
@jamieopulence 2 жыл бұрын
Let’s see you move into selling other brands such as Omega or Patek? Everything is Rolex central right now
@Greggieboy76
@Greggieboy76 2 жыл бұрын
Oi Oi
@jamieopulence
@jamieopulence 2 жыл бұрын
@@Greggieboy76 haha you’ve gotta stop this mate lol
@Greggieboy76
@Greggieboy76 2 жыл бұрын
@@jamieopulence Both go too much time on our hands m8 ;-)
@jamieopulence
@jamieopulence 2 жыл бұрын
@@Greggieboy76 I’m just hoping you don’t find some of my other interests where I leave comments lol - dark secrets hehe 😜
@samuelburton5576
@samuelburton5576 2 жыл бұрын
Rolex is king!
@Abdullah97484
@Abdullah97484 2 жыл бұрын
14:02 A heist at a Watches of Switzerland?
@prap9774
@prap9774 2 жыл бұрын
this guy will get robbed soon.
@carforumwanker
@carforumwanker 2 жыл бұрын
Yep..... Just follow him out from the "wardian" apartments in Wards Place , London
@CalvinCooke18
@CalvinCooke18 2 жыл бұрын
The question how do you hype up the rich thicks in buying these overpriced muck
@joe66610
@joe66610 2 жыл бұрын
What would you say is your average percentage of profit on the watch’s you sell Phil? Interested in the financials on this
@robbull578
@robbull578 2 жыл бұрын
How about a hair cut and shave? Far more presentable and professional to me.
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
The pink beanie makes up for it....
@nickc2972
@nickc2972 2 жыл бұрын
CON MAN
@Amaru_r
@Amaru_r 2 жыл бұрын
What is more less the margin of a watche dealer? How cheaper you buy the watches than the price of the grey market? And what kind of people sell you the watches, individual private owners? A lot of doubt about this jejje
@KC14109
@KC14109 2 жыл бұрын
They try and make at least 10% profit.
@Mr_Magpie_
@Mr_Magpie_ Жыл бұрын
Brother. Your videos are excellent, you have provided all. The information I am looking for over the videos I’ve watched in an easy to digest way. Just starting out from scratch got to grow the pot grow the audience then Sell. Appreciate your videos my man 👊🏾
@rahulsajnani1286
@rahulsajnani1286 2 жыл бұрын
Loving the content Phil! That M.C.Overalls watch looks really cool
@rorywoods6344
@rorywoods6344 2 жыл бұрын
Can't see the logic in that business plan. Invested 1.5 mil and got 1mil back. I think you meant invested 1.5 mil and got 2.5 mil back. Slight difference. Are you expected to pay any TAX on your earnings.
@AdventureCoupleUK
@AdventureCoupleUK 2 жыл бұрын
Running around like a blue ar@ed fly, carrying Rolex watches in a backpack (I know you said you don't do that but Uber from London to Manchester is pretty hefty). No physical store, questionable authentication, probably very little comeback should there be an issue - the list goes on. I'd need to be desperate to buy from you, and for a watch that's never going to happen. Good luck anyway, you may well become very successful and legitimate - but for me all I see is a chancer trying to make a quick buck - but I guess we all have to start somewhere. And that's not to mention if the bottom falls out of the market and you're left with a dozen or more Rolex you've bought grey and can't shift - that's when all your profits go pooooooof!
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
I never ever see him as ANY kind of a Watch Dealer, instead ONLY as some kind of demented gofer who runs about on trains & the London rattler & prattling drivel but it beats working for a living I suppose.....
@carforumwanker
@carforumwanker 2 жыл бұрын
@@frankbrennan1619 he has a nice apartment at the WARDIAN in LOndon , so something must be working for him. Wonder if the taxman is up to speed on his income ?
@kappri85
@kappri85 2 жыл бұрын
very cute
@carlmoss4432
@carlmoss4432 2 жыл бұрын
Hi can you get me a sea dweller 2021 or newer bi gold ? At around list with a drink? I have 14k this is my max
@TT-mb6rz
@TT-mb6rz 2 жыл бұрын
I suppose if you do the same with Gran Seiko, probably on the run you gain way more with less cash exposure.... I think all this hype is not financially sound....
@Incogg756
@Incogg756 2 жыл бұрын
I do like your vids but it seems as though you are missing a trick. 90% of your vids are you just talking to the camera about what you have done and what you are going to do. I think to take it to the next level, it would be great if you take us along and actually show you buying and selling. This is what i think is missing, but keep up the good work!
@Incogg756
@Incogg756 2 жыл бұрын
@@santorini8423 i watch them too lol
@thelucentcrow9084
@thelucentcrow9084 2 жыл бұрын
I only come here for santorini comments and sit back and piss my pants hilarious 😂
@thelucentcrow9084
@thelucentcrow9084 2 жыл бұрын
@@santorini8423 😂😂😂 I never watch his videos I pause him and find you 😂
@thelucentcrow9084
@thelucentcrow9084 2 жыл бұрын
@@santorini8423 😂😂👍
@nickc2972
@nickc2972 2 жыл бұрын
It’s all big bs, this guy is full of garbage and nonsense coming out of his mouth
@christopherk7920
@christopherk7920 2 жыл бұрын
watch collecting will be my first choice after i liquidate my crypto holdings
@flaviosacchettin5766
@flaviosacchettin5766 2 жыл бұрын
Do you have seiko and citizen replica watch suppliers link?
@darkgreenkid296
@darkgreenkid296 2 жыл бұрын
Good video! you could make one about reaching customers? theres a lot of cool and expensive things to sell but having them is not enough to make the sell.
@AngelGTZ84
@AngelGTZ84 2 жыл бұрын
Love the stash!!!
@djnotgeil
@djnotgeil 2 жыл бұрын
Nice PINK hat! 😆
@djnotgeil
@djnotgeil 2 жыл бұрын
a pink London Watchshow baseball cap?
@carforumwanker
@carforumwanker 2 жыл бұрын
Nice apartment at the "wardian" :-)
@flaviosacchettin5766
@flaviosacchettin5766 2 жыл бұрын
Do you have a seiko links?
@andrewbarnett9506
@andrewbarnett9506 2 жыл бұрын
you need to ditch the hat
@leep9750
@leep9750 2 жыл бұрын
Click bait
@omerfaruk45
@omerfaruk45 2 жыл бұрын
What about your apple watch?
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
Where's Nicole?
@fifaboy9341
@fifaboy9341 2 жыл бұрын
@@frankbrennan1619 Bro people get into relationships and break up sometimes that how it works. I know you want a relationship because you haven’t ever felt the touch of a women but don’t worry about Phil
@frankbrennan1619
@frankbrennan1619 2 жыл бұрын
@@fifaboy9341 I want you to be able to do basic spelling bro....
@speedokds
@speedokds 2 жыл бұрын
I buy watches to wear, not to sell. WTF
@pureblood3823
@pureblood3823 Жыл бұрын
Ok? Do you want a cookie?
@speedokds
@speedokds Жыл бұрын
@@pureblood3823 yes please, with milk. Thanks.
@robinwahedi
@robinwahedi 2 жыл бұрын
you could maybe rent luxury watches to people obviously under contract etc for Events or special nights, music Videos and so on, for people who cant yet afford to buy one, but would love to flex for a night or day, probably more of a thing for a City like Miami or Vegas but London could probably work.Love the content Phil keep it up if you ever need a guy to Film and Cut for you be sure to get in touch.👍🏼💯
@jameshlife
@jameshlife 2 жыл бұрын
Hi Phil Hope you’re doing well just wondering how to contact you if you’re not on Instagram please
@leonmarsh9196
@leonmarsh9196 2 жыл бұрын
Hey Phil is there another way to contact you other than Instagram? Looking to buy my first rolex for my 40th and love your channel
@leonmarsh9196
@leonmarsh9196 2 жыл бұрын
Helpful thanks
@AQworldsined36
@AQworldsined36 2 жыл бұрын
@William Pipe is he gay? He had a girlfriend a few months ago
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