Rolex Increases Prices Again! My Opinion On Ming Watches?

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Federico Talks Watches

Federico Talks Watches

Күн бұрын

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@Jamesdhillegas
@Jamesdhillegas 2 жыл бұрын
I'm just astonished someone needed to ask what watch to wear to a funeral.
@sdm107
@sdm107 2 жыл бұрын
Yes , an odd question. After all, no one is looking at your watch at a funeral
@eyeheartsushi2212
@eyeheartsushi2212 2 жыл бұрын
@@sdm107 nor anywhere else, for that matter.
@bani_niba
@bani_niba 2 жыл бұрын
Who would even consider a flashy watch at a funeral? That's a crowd I don't want to know.
@rickyhawkins7407
@rickyhawkins7407 2 жыл бұрын
I’m not a watch collector but I enjoy a good time piece and really enjoy your channel. You are authentic, concise, and professional. I like that you don’t waste a lot of time with lips service. You get to get point and provide valuable information.
@nymapleleaf
@nymapleleaf 2 жыл бұрын
My wife is one of those women.... I thought I would introduce her to mechanical last year, she likes clean and simple so I went with NOMOS. I thought she would love it, thin, clean design, easy to read....... She hates that its a manual wind. Her exact words were, "why did you buy me a Tamagotchi!?"...
@david12990
@david12990 2 жыл бұрын
😂
@martimcfly6207
@martimcfly6207 2 жыл бұрын
Yap, swiss here. It’s purely inflation and the week euro. Inflation also hit Switzerland at about 4%. Until 2008 1 Euro used to be 1.40 CHF. After that it stabilised at about 1.15 CHF. Now one Euro is only worth 0.99 CHF That’s 15% in the last couple of months. They have to adjust the euro pricing in order not to lose money.
@mikewingert-savagelyerudite
@mikewingert-savagelyerudite 2 жыл бұрын
JLC in Europe hiked prices too. I bought a medium Reverso steel small seconds in Feb this year at Wempe on Bond Street..£5950…….it is now £7500. Extraordinary.
@skzion2
@skzion2 2 жыл бұрын
Is this price adjusted for currency value changes and inflation.
@bitteralmonds666
@bitteralmonds666 2 жыл бұрын
Noooooo 🙈💦 I wanted a JLC so bad precisely because their prices didn’t increase so drastically😢
@lepetitsuisse17
@lepetitsuisse17 2 жыл бұрын
Looks like the price in GBP then and now.
@mikewingert-savagelyerudite
@mikewingert-savagelyerudite 2 жыл бұрын
@@lepetitsuisse17 ?? The price I quoted was retail. Both prices quoted were/are retail in London.
@mikewingert-savagelyerudite
@mikewingert-savagelyerudite 2 жыл бұрын
@@bitteralmonds666 I do find it a drastic increase. That’s a hell of a jump in price. JLC were always seen as an underpriced bargain; hence why I bought mine in Feb.
@johnbuckmaster569
@johnbuckmaster569 2 жыл бұрын
I picked up my first Ming. Well under the original sale price… I absolutely love the watch and from what I see out there it looks like I could sell it at a profit if I wanted to… I guess what I’m saying is there’s great deals out there to be had right now…
@mondrayuk
@mondrayuk 2 жыл бұрын
Ming watches are a complex situation today. Fed went through a comprehensive summary and I am now seeing the actual sale prices on the Secondary/Pre-Owned market plummet (even LNIB). I traded in a Burgundy version of the blue 17.09 Fed showed behind him. I have retained the 17.03 GMT full kit in grey titanium grade 2. I will not get rid of it and bought it at a respectable price from my stand point. There is quite a controversy regarding the brand and watches. It can be confusing. The design and concept with a reasonably decent movement distinguishes them apart from other brands. If there was some consistency with this brand, it would give the enthusiast collector aficionado more clarity in order to decide whether worthwhile investing.
@govtfunded
@govtfunded 2 жыл бұрын
That GP chrono says Miami all over it, in a good way. Looks great!
@andhenny
@andhenny 2 жыл бұрын
Fed, I enjoy these “dealer & business insight videos” they help me better understand the larger world of watches, and they’re a lot of fun. Thx
@bm5192
@bm5192 2 жыл бұрын
They increase prices because of what people are buying and selling them for on the used market. Why wouldn’t they try to increase profit if people are paying above retail.
@Jayantahit
@Jayantahit 2 жыл бұрын
No. For Rolex such is the case easily for last 5 years. They never did that up until now. Fed is correct, in Oct the Pound was so low that US people started buying watches from UK. The market predicted a price increase for EU and UK right then and that happened immediately afterwards.
@vc.moser.ferrier
@vc.moser.ferrier 2 жыл бұрын
Doesn't make sense, no. As the Swiss Franc got stronger, 10k € now mean 10 k CHF. Before it was less, for a Swiss company, it doesn't make sense to increase the price in Europe based on this. Must be other reasoning like going with the inflation for increased returns and profitability.
@vc.moser.ferrier
@vc.moser.ferrier 2 жыл бұрын
@@Jayantahit ok, got to admit: this makes sense
@bm5192
@bm5192 2 жыл бұрын
@@Jayantahit inflation
@lonewolfemcquade8133
@lonewolfemcquade8133 2 жыл бұрын
The 3 quartz watches I would definitely own is the Chronosport UDT Sea quartz equipped with a Breitling movement aka The Rambo watch, Seiko tuna Marine master and the vintage Tag Heuer 1000 Night diver with the full lumed dial.
@AverageBeausOutdoor
@AverageBeausOutdoor 2 жыл бұрын
Same but I'd add the Goldeneye Omega Seamaster 300. I still own it as it was my first high end watch. Enjoy your day, Chuck. I hope it's a great one.
@billiondollardan
@billiondollardan 2 жыл бұрын
I like Ming watches. I don't know if I'd buy one over an Omega at the same price point, but they're cool. I'm glad Fed puts his stamp of approval on them
@kyrilkaplan5011
@kyrilkaplan5011 2 жыл бұрын
Well rolex can increase the price of watches that are never available at ADs, i can not care less....
@arshag14
@arshag14 2 жыл бұрын
Crazy to think that a stainless steel GMT Master II already was €10.000 at retail and prices have already increased by 4,5% to €10.450 retail.
@tonylaxa9953
@tonylaxa9953 2 жыл бұрын
Frederico, what style watch do you think I should wear when eating at McDonalds? Thanks
@giovannibusato9815
@giovannibusato9815 2 жыл бұрын
Sandwich movement
@finesse49
@finesse49 2 жыл бұрын
Timex Mickey Mouse😏.
@raupenimmersatt6906
@raupenimmersatt6906 2 жыл бұрын
A normal Date Sub- put it where it belongs
@mervcharles8365
@mervcharles8365 2 жыл бұрын
My wife is the same way. Why wouldn’t you recommend a watch winder over quartz? Just want your thoughts.
@fishngolf2
@fishngolf2 2 жыл бұрын
Love your comments and expertise. Love the channel, Fed!
@JTEL1911
@JTEL1911 2 жыл бұрын
Hi fed, love the show been watching for awhile now.. I’m from Mount Morris michigan and I had a question for you. I just recently purchased(still being shipped as we speak) a Seiko 5 Sport green Arabic dial… and I know they are kind of harder to find/sought after which I’m very happy to get and can’t wait to unbox it. I was just curious if you knew how many were made? I couldn’t find any info on it. I love the watch and was curious how you felt about it too. Thank you much, jordan.
@jomni
@jomni 2 жыл бұрын
My wife loves her automatics but always goes to me to set them up. 😉So if you buy them an auto, just know what to expect.
@bazchudasama6433
@bazchudasama6433 2 жыл бұрын
2 points 1 - who on earth even thinks of wearing a flashy watch to a funeral!?!? 2 - England for the WC…really?!?😂 Keep up the great work Fed
@JR-qk6hw
@JR-qk6hw 2 жыл бұрын
LOL
@industryousphotography2058
@industryousphotography2058 2 жыл бұрын
I love your straight information. Rare and appreciated.
@ronbond6259
@ronbond6259 2 жыл бұрын
Back in 1981,the Rolex AD told me that they have prices increasing 5% every 6 months. Carlyle's.
@skoffco
@skoffco 2 жыл бұрын
I remember those days. In 1987 I bought a stainless and gold Datejust on a jubilee bracelet at Carlyle’s for $2200.
@Adil-sm3yz
@Adil-sm3yz 2 жыл бұрын
that gold type 20 is very very nice
@angleofthehell
@angleofthehell 2 жыл бұрын
About rolex it is because of the Euro. In Switzerland, prices did not change.
@BoozewithNick
@BoozewithNick 2 жыл бұрын
Love that case on the GP, my eye went to it immediately the second the video started. Ming is a joke brand, my two cents. For the money they charge, there is sooooo much to buy in Greater Watchdom. Oh, and quartz only for the wife! She adopted a 38mm Boldr that was too small for me and loves it for her “adventure” watch (and it looks cool AF on her). And she loves the tiny, thin, lightweight, and dainty Movado that I got her. She grabs it and goes, and enjoys the look all day without worrying about winding.
@Reclaimtherainbow_Gen9
@Reclaimtherainbow_Gen9 2 жыл бұрын
Great drop at delray watch today!
@busterjohnson3608
@busterjohnson3608 2 жыл бұрын
I set my wife's day-date at least once weekly. 😆
@baumgartnernicolas4462
@baumgartnernicolas4462 2 жыл бұрын
Hi, there is a topic that I addressed several times on resellers and never get an answer. How do you guys check that the watches you buy are not stolen ones (especially when they are naked) ? In almost all major cities in Europe you have to be very very careful if you wear an AP, Patek, Rolex…etc. Lots of agressions. Keep sleeves down ;-) Great professionalism…keep up the good job.
@Liam-nx7hf
@Liam-nx7hf 2 жыл бұрын
Teddy Baldassarre thinking, ‘idea for a show…top 5 funeral watches’
@eyeheartsushi2212
@eyeheartsushi2212 2 жыл бұрын
😂😂😂 IKR
@winduncan9818
@winduncan9818 2 жыл бұрын
Not really sure retail price change on watches they won't sell us makes and difference to most of us.
@adrianmorris3772
@adrianmorris3772 2 жыл бұрын
Hi fed. Greetings from Sheffield South Yorkshire England 🤗😺
@michaelfierman3256
@michaelfierman3256 2 жыл бұрын
He really asked that about a funeral? It's come to that now?
@Jayantahit
@Jayantahit 2 жыл бұрын
Exactly, I was really dumbfounded with that question. Really one has to think whether to wear a loud piece at funeral or not ! It is not understandable until explained by an expert!
@Esteban69129
@Esteban69129 2 жыл бұрын
Only for the vaccinated
@MrZanzibar123
@MrZanzibar123 2 жыл бұрын
Nice one, Fed, so I can tell from your World Cup answer that you’re not watching the games very closely…. (Brazil is going to be very tough to beat.) Sorry about Italy but it’s going to be a great cup!
@VictorAdameArt
@VictorAdameArt 2 жыл бұрын
Hey Fed! I follow you on IG but never see the Q&A picture ever, wonder if I'm doing something wrong :P
@nedhourani
@nedhourani 2 жыл бұрын
Will Rolex lower their prices once the € / £ recover? Not likely.
@bartobruintjes7056
@bartobruintjes7056 2 жыл бұрын
This is oh so simple. Rolex increases their prices? Then don't buy it!
@sikco
@sikco 2 жыл бұрын
Hey Fed, I've got a 126655 in great condition B&P to sell. I tried submitting online but never heard back.
@FedericoTalksWatches
@FedericoTalksWatches 2 жыл бұрын
Hi Simon, If any of the information is incomplete or a picture is not attached the form goes to spam. We need all the information requested.
@sikco
@sikco 2 жыл бұрын
@@FedericoTalksWatches awesome. just sent two offers for the 126655 and an alpine eagle
@Mpayne1472
@Mpayne1472 2 жыл бұрын
Your price rise is what the UK had in September
@giovannibusato9815
@giovannibusato9815 2 жыл бұрын
Only a hug from Venice. Ciao fenomeno
@curtmardism.d.3331
@curtmardism.d.3331 2 жыл бұрын
I agree with your sentiment regarding a time-only watch to a funeral. But I don’t recommend wearing a watch with a tuxedo.
@diavalus
@diavalus 2 жыл бұрын
Correct, otherwise it becomes too much for that occasion.
@lonewolfemcquade8133
@lonewolfemcquade8133 2 жыл бұрын
I would but something that can go under a cuff.I can't walk around without a watch on my wrist. I just can't do it
@itsalgud1459
@itsalgud1459 2 жыл бұрын
Thanks Fred for a really interesting video at a lot of levels. You’re my go to watch guy because the videos like this one and many others that you’ve done keep up the good work!
@williamwhite1982
@williamwhite1982 2 жыл бұрын
Rolex could have dropped prices in USD.
@fullspectrum2752
@fullspectrum2752 2 жыл бұрын
Ok so you are saying no Invitica for a funeral, check! But you know someone is out there flexing with one at a funeral.....lol
@nigelbarker8726
@nigelbarker8726 2 жыл бұрын
Unless it's a mob funeral, then it's the gotta be the Rolex President.
@OslosKetmus
@OslosKetmus 2 жыл бұрын
A person from Turin told me Italy doesn't want to be associated with the World Cup in Russia and Qatar. Clever way of seeing it. Better luck qualifying for 2026
@jonathanmiles897
@jonathanmiles897 2 жыл бұрын
Not a great time to increase prices.
@rogerstrough3586
@rogerstrough3586 2 жыл бұрын
Why? You think there will be less demand at an AD now?
@KimiRai-lf3gn
@KimiRai-lf3gn 2 жыл бұрын
For funerals, I would go for a Jeager Lecoultre Moonphase in a dark tone. Elegant and simple, but very high quality at the height of your respect for the deceased.
@Esteban69129
@Esteban69129 2 жыл бұрын
😂🤣 that’s rough
@KimiRai-lf3gn
@KimiRai-lf3gn 2 жыл бұрын
@@Esteban69129 what? :p I don't get it 😅
@Khr8597
@Khr8597 2 жыл бұрын
Thank you for using the idiom, “Futz Around.” That is all.
@RayMelville
@RayMelville Жыл бұрын
Wouldn’t a dark dial watch with UTC complication be ideal for a funeral?
@redme8473
@redme8473 2 жыл бұрын
Rolex attempting to position themselves similarly to patek? At this day and age who needs a rolex!
@bobfeller604
@bobfeller604 2 жыл бұрын
Hum, watch at a funeral...I could have a lot of fun with this one, but I'll refrain. :)
@guycord
@guycord 2 жыл бұрын
Hey Fed. If your Countrymen in the FED print all those free dollars, don’t expect them to be worth as much for hard assets overseas people need to buy with real earnings. Think 1971. Think Nixon.
@richardhead2318
@richardhead2318 2 жыл бұрын
Fortunately already have all the Rolexes I need.
@aboner2551
@aboner2551 2 жыл бұрын
None?
@richardhead2318
@richardhead2318 2 жыл бұрын
@@aboner2551 3
@aboner2551
@aboner2551 2 жыл бұрын
@@richardhead2318 Just kidding, have fun with them.
@rogerstrough3586
@rogerstrough3586 2 жыл бұрын
3? Very modest.
@ericcleesak8074
@ericcleesak8074 2 жыл бұрын
This fall will weed out the watch speculator's , to the amusement of the watch lovers ! Having dumped Rolex , the independant's seem to be the next target
@hankmoody2345
@hankmoody2345 2 жыл бұрын
GP is gorgeous...
@giusepperuffini4001
@giusepperuffini4001 2 жыл бұрын
Rolex is going to increase prices until there will be customers willing to pay overprices for an average quality swiss movement! Is that a dumb way to flush money? Yes it is....
@xchazz86
@xchazz86 2 жыл бұрын
Rolex increases prices, time to sell Rolex.
@gazzertrn
@gazzertrn 2 жыл бұрын
Overpriced any way..
@floridamankyle5461
@floridamankyle5461 2 жыл бұрын
Rolex has become overrated, with the AD attitudes, the "meh" designs, and the unobtainable-ness of them makes it so.
@rogerstrough3586
@rogerstrough3586 2 жыл бұрын
Meh designs?
@floridamankyle5461
@floridamankyle5461 2 жыл бұрын
@@rogerstrough3586 yeah, I said it, MEH. Rolex is not making new complications or really trying anything radical for watches, mainly because Rolex fans wont let them innovate, Rolex is boring.
@Thankyou_3
@Thankyou_3 2 жыл бұрын
Ming…they could have picked a better name for brand prestige?
@MrERLoner
@MrERLoner 2 жыл бұрын
Bling?
@MrCROBosanceros
@MrCROBosanceros 2 жыл бұрын
Ming watches was founded by six enthusiasts under the leadership of photographer Ming Thein.
@howardsalkey4443
@howardsalkey4443 2 жыл бұрын
Economics 101. When demand goes down you raise prices to make up the deficit. Rolex ADs can't back door their watches to flippers and Grey Market anymore so they raise prices to us Plebs who they considered unworthy to buy their watches before.
@diavalus
@diavalus 2 жыл бұрын
It doesn’t make much sense, to be honest
@luigit9321
@luigit9321 2 жыл бұрын
Did you get a D in economics because you’re dead wrong. Rolex pays its expenses mainly in CHF, and the Euro and pound plummeting in value forces Rolex to increase prices to maintain its operating margins.
@Josh-lp7ek
@Josh-lp7ek 2 жыл бұрын
Ming is jus an overpriced seven-friday
@Andrewlikesguns
@Andrewlikesguns 2 жыл бұрын
When I hear the very first second of the intro, I'm not sure if it's going to be Federico or Snoop Dogg.
@stephenx2857
@stephenx2857 2 жыл бұрын
recessions hit the mass affluent hardest. rollex is trashing it's name with a lot of people with all the fuckery. if the music stops and no one takes the last chair. joke will be on them, when they have to discount things. Or all these flippers have to panic sell watches to cover overhead.
@rogerstrough3586
@rogerstrough3586 2 жыл бұрын
yes because Rolex never discounted watches before. And when the music stops for flippers then it does for every other industry too.
@elicash315
@elicash315 2 жыл бұрын
Who cares. Can’t get one from the AD’s
Are luxury watches all overpriced?
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