Rolex Prices FALLING!!..Is the Watch Market Crashing??

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Watch Eric

Watch Eric

Күн бұрын

Пікірлер: 434
@oliserv6225
@oliserv6225 4 жыл бұрын
Screw the flippers, they are the ones taking a hit. Who cares ? I am glad to see you again Eric.
@WatchEric
@WatchEric 4 жыл бұрын
Thank you!!
@a.w.5048
@a.w.5048 4 жыл бұрын
Yeah totally agreed with Olivier here.. only the flippers got hit. I just want 1, only 1 for my self to keep for long term.
@ashishpatel350
@ashishpatel350 4 жыл бұрын
They deserve to get burned
@bondscalper
@bondscalper 4 жыл бұрын
Im a professional Crude Oil trader and have studied price action my whole adult life. You wont see Rolex prices falling right now because no one knows what will happen with the economy in the next 3 months. All my trader friends say that we will be in a official depressions for at least the next 12 months and these are friends of mine that you have seen on Bloomberg and CNBC. Now Im a huge Rolex fan so if I was giving advice, I would tell someone looking to sell a Rolex "Sell Now" while you can still sell for a profit. I figure you have about 3 weeks left to do that. If you are buying, wait 3 months and you will have the greatest buying opportunity in the last 15 years. One last thing. If the Virus flares back up in Asia in a bad way then all bets are off. When Asian sellers flood the Rolex market we could see 50% to 60% declines in prices. And for all of you who say a Rolex can never go down by 60%... Well Oil just traded at -35 Dollars a barrel!!! Oil actually went below ZERO!!!! Yes Oil producers actually had a pay YOU $35 to take the oil!!!! So if Crude Oil can go to ZERO just wait and see what happens to these Rolex prices. BTW Great video!!!
@WatchEric
@WatchEric 4 жыл бұрын
Thank you for the Input!!!!
@tomhammond4406
@tomhammond4406 4 жыл бұрын
This man speaks the truth. Well said.
@ezdeezytube
@ezdeezytube 4 жыл бұрын
Your take on the future market direction is spot on, bondscalper. You have a newsletter or something? Good info sources are hard to come by, you are definitely one I'd like to hear updates from.
@DigitalPRCourses
@DigitalPRCourses 4 жыл бұрын
Yes!!! Someone speaks sense.... so many people with skin in their respective games trying to talk their markets up be that watches or cars or property. The tsunami is coming... 26m unemployed in USA... the EU still has a ton of economic stimulus. Second half of this year will be brutal. If you are holding stock bought at pre covid prices you are DONE. End of. Going to be a race to the bottom with assets for people desperate for cash flow and that includes average joe on the street with a fancy Rolex on wrist but can’t make his mortgage...
@jasonbrown1366
@jasonbrown1366 4 жыл бұрын
@ bondscalper... you make complete and utter sense, only a fool would thing there Rolex watch collection was bullet proof in this upcoming global depression. I love the brand and I will be buying a couple of S/S models when the window opens.
@fidelsalgado1972
@fidelsalgado1972 4 жыл бұрын
I wonder how many of the 26 millions people unemployed in the USA can afford to buy a luxury watch !
@The_real_Mr_Ghost
@The_real_Mr_Ghost 4 жыл бұрын
that 26 million people couldnt buy luxury watches before either!
@ezra420420
@ezra420420 4 жыл бұрын
Well none are being made either
@TheSecondsHand
@TheSecondsHand 4 жыл бұрын
Keep wondering
@alexsierra1331
@alexsierra1331 4 жыл бұрын
I do, my AD called me 4 times this month,I just bout a Nautilus-aquanauts-submariner and air king, 4 in 3 weeks.
@circumnavigator
@circumnavigator 4 жыл бұрын
@@alexsierra1331 what discounts off list did they offer you for each model?
@AshwinSuppiah
@AshwinSuppiah 4 жыл бұрын
A 25% drop is a crash. When the stock markets drop 7 % a day, that is considered a crash
@SpaghettiKillah
@SpaghettiKillah 4 жыл бұрын
These are not stocks. These are objects, jewels or tools that you wear everyday. Let's say you got a Daytona at retail. Even if it dropped from 24k to current 20k and you decide to sell, you still made a killing on it. Imagine buying a car...using it for 3-4 years and then sell it for 40% more what you paid for.
@whitepony101
@whitepony101 4 жыл бұрын
Love the new channel Eric, I’ve been following you since the early days. Even went back n forth on email a few times and you helped me w some great info. You’ve always been respectful, professional and right to the point. I appreciate that, you got a loyal follower here, cheers to you and your new direction, I wish you the best 🍻😎👍🏽
@WatchEric
@WatchEric 4 жыл бұрын
Thank you very much for the support and follow.
@robertmcclay3998
@robertmcclay3998 4 жыл бұрын
Don’t buy now prices will continue to fall, this virus will continue to upset the markets. I’ve watched lots off vids on here with guys banging on about Rolex and how they will always continue to be good and never drop that much. Well to all the dealers and flipping wankers out there, unlucky it’s about time your getting what you deserve. I will buy a new sub no date with a dealer discount
@circumnavigator
@circumnavigator 4 жыл бұрын
That's why I asked Eric to do a worst-case-scenario video on the scrap value of DayDates
@robertmcclay3998
@robertmcclay3998 4 жыл бұрын
I went to my local AD last July with the intention of buying a sub no date. I had saved up the money to buy outright £5750.00, unfortunately no luck and they told me the waiting list was closed. I got looking at the Tudor Pelagos range, I purchased the LHD with a decent discount, which I’m delighted with I’ve not actually worn it yet my intention is to pass it on with all my other watches to my grandson. I wanted to purchase the BB58 but they only had it with the leather strap no discount on that, I want the bracelet. I definitely want the sub no date I’m not a flipper just a small collector.
@carlosr1060
@carlosr1060 4 жыл бұрын
You won't buy a steel sports Rolex from an AD at a discount , if you lived a hundred years. Bet on it !
@JTMarlin8
@JTMarlin8 4 жыл бұрын
Prices have stabilized. It's simple supply and demand: yes, demand might be down, but supply is down even more because the watch factories are/were shut down.
@carlosr1060
@carlosr1060 4 жыл бұрын
Robert Mcclay ( Kenny Nolan song) I LIKE DREAMING, CAUSE DREAMING CAN MAKE YOU MINE.
@zzygyy
@zzygyy 4 жыл бұрын
Buyers market. About time. 😉🤑
@WatchEric
@WatchEric 4 жыл бұрын
Jajajajaja. Yess
@jingchen3986
@jingchen3986 4 жыл бұрын
Back to 2013 bought my green sub at 8500. At 2015 I can have 15% off daytona rose gold. And even 2017 I can see batgirl at AD. Wait for the discount back to AD
@FinnishPanther
@FinnishPanther 4 жыл бұрын
Dude just saw the CRM update that you went independent. Went ahead and unsubcribed from CRM and subribed to you. With you all the way, keep on creating awesome content and stay safe!
@WatchEric
@WatchEric 4 жыл бұрын
Thank you very much for the subscribing.
@rousemotorsport
@rousemotorsport 4 жыл бұрын
Same here. It is just not the same at CRM without you. Now subscribed to Watch Eric.
@ashishpatel350
@ashishpatel350 4 жыл бұрын
I wonder if they pushed him out.
@JTMarlin8
@JTMarlin8 4 жыл бұрын
@@ashishpatel350 Hard to say, but I think Eric's going to do way better financially on his own.
@ashishpatel350
@ashishpatel350 4 жыл бұрын
@@JTMarlin8 yeah agreed. Time for him to invest in himself.
@karl_m3013
@karl_m3013 4 жыл бұрын
When a used Rolex is below retail, like only a few years ago, then I will buy. Till then, no way.
@WatchEric
@WatchEric 4 жыл бұрын
Maybe soon
@carlofilippopezzoli3552
@carlofilippopezzoli3552 4 жыл бұрын
That’s a good point for never owning one 😅
@light1531
@light1531 4 жыл бұрын
They were heading into VC Gen 2 overseas and AP offshore price territory.... get out of here.
@campkira
@campkira 4 жыл бұрын
they restock alot now...
@mikec3454
@mikec3454 4 жыл бұрын
This comment won't age well ... Let us all know when that happens! lol
@sergiocastro588
@sergiocastro588 4 жыл бұрын
The Rolex madness is finally coming to reality. It was just idiotic
@carlosr1060
@carlosr1060 4 жыл бұрын
Sergio Castro retail prices won't drop at your local AD, and you can bet , when this storm blows over, steel sports Rolex will continue to be endangered species, as they've been for the past couple years. Rolex knows how to play the supply and demand game very well.
@anthonymarshall8826
@anthonymarshall8826 4 жыл бұрын
I agree that we are in a correction. Arguably this correction was overdue on certain hyper inflated pieces. It remains to be seen if any of the big greys with big overheads blink, because if they start unloading inventory, it could initiate a chain reaction.
@WatchEric
@WatchEric 4 жыл бұрын
We’ll have to give it another couple weeks.
@mazfosters186
@mazfosters186 4 жыл бұрын
Now is the time to invest in stocks not watches. When things improve, and you make a profit, then you buy ur favourite watch, maybe even more!
@TM-ic1eb
@TM-ic1eb 4 жыл бұрын
Watches are not investments.
@hundegaga
@hundegaga 4 жыл бұрын
btc eth xtz
@2011blueman
@2011blueman 4 жыл бұрын
Now is a horrible time to invest in stocks. There is a massive bubble in stocks that hasn't popped yet because there seems to be a massive disconnect between the reality on main street and what wall street thinks. We're going to have depression-level unemployment for the rest of the year, there are incredible numbers of people that aren't paying their rent and will be evicted in a few months, and a lot of forclosures on rental properties. That said, watches haven't really dropped yet either.
@damachine3
@damachine3 4 жыл бұрын
0:28 The Deepsea doesn't have PCLs. Did you mock up that pic or is that a pic of a modified Deepsea?
@WatchEric
@WatchEric 4 жыл бұрын
Very true lol. It was just a random Google picZ
@WatchEric
@WatchEric 4 жыл бұрын
Good eye!!
@riverwho1
@riverwho1 4 жыл бұрын
Whats a PCL?
@4symbols78
@4symbols78 4 жыл бұрын
riverwho1 polished center links
@riverwho1
@riverwho1 4 жыл бұрын
Thanks!
@shafserious2805
@shafserious2805 4 жыл бұрын
Crashes or no crashes..... i love my watches.
@jasonbrown1366
@jasonbrown1366 4 жыл бұрын
The economic consequences of this pandemic haven’t even touched the sides yet. Be patient, these are luxury items with many owners not necessarily wealthy....I expect prices to fall much further, and I will buy a Batgirl.
@LewisMa
@LewisMa 4 жыл бұрын
What price r u waiting for?
@jimmyv.495
@jimmyv.495 4 жыл бұрын
This dude is clueless. In another week 30 million Americans will be unemployed and we will officially be in a Depression. Not a recession, a depression. Eric and his KZbin buddies are buying time until they off load inventory.
@jasonbrown1366
@jasonbrown1366 4 жыл бұрын
Initially I see the middle class being forced to liquidate assets and I’m going to tip the 2 to 3 piece watch collection is going to be front and centre. The much loved Rolex is going to look like much needed quick cash ...and it will be ...but a thousand other owners will all have the same idea hence prices will drop in my opinion certainly on the S/S models where there is demand and a quick sale to be had. Stick around you tube for another few months or so and I’m sure the headlines will be all about the falling prices ..I can see Tudor BB58 dropping to around retail prices within a few months and The Batgirl will be everywhere under 20k AUD within weeks. I reckon we will see plenty of $16-17k AUD examples within 6 months
@LewisMa
@LewisMa 4 жыл бұрын
@@jasonbrown1366 1 just sold for $12k USD or $18.8k AUD here. new unworn. It was a flash sale but we're trending that way
@jimmyv.495
@jimmyv.495 4 жыл бұрын
@@jasonbrown1366 Tip of the iceberg. Let me give you a hint. For the last 2 years most Rolex sales were B2B sales. Dealers selling to dealers, not to customers. Those dealers have no way of moving those watches without losing money on every single sale. They have 2 choices- 1 liquidate positions to pay their monthly nut 2- Get a bridge loan and Stick the Rolex in a vault for 2 years until prices rebound. Rolex pre-owned prices are going to be less than 50% of retail like they used to be in 2008. There is way too much pre-owned stock. Every other watch brand will be toxic. If you are a Rolex seller, get out now! They are only going lower.
@jacstoneu
@jacstoneu 4 жыл бұрын
Watch price going down is a good thing!!! For flippers on the other hand can go kick rocks anyway!
@WatchEric
@WatchEric 4 жыл бұрын
Sure is bad for them
@jacstoneu
@jacstoneu 4 жыл бұрын
@@WatchEric I need excellent condition box and papers Datejust 41mm blue dial stick markers fluted bezel and jubilee bracelet. Let me know if you got that for a fair and reasonable price
@CJ-rb3do
@CJ-rb3do 4 жыл бұрын
Eric looks so much more relax and happy. I’m happy to see you looking so good mate. Good and natural review as always. Be safe my friend.
@WatchEric
@WatchEric 4 жыл бұрын
Thank you. I feel great!
@usmc1127
@usmc1127 4 жыл бұрын
I appreciate all of your videos, thanks. Could you give me some advise, 2020 Datejust, fluted bezel, oyster band... Blue or black dial? Which one would you recommend? Blue or Black dial?
@luxwatchesfornewbies3245
@luxwatchesfornewbies3245 4 жыл бұрын
Eric, I love you buddy. Eric, I'm a fan since Fake Rolex Buster. But....Eric, me and my viewers were really disappointed to read from CRM that you faked most of interaction in the commentary over the past 6 years; i.e. mostly other staff members were responding. All you needed to say (like Paul Thorpe) is that "I'm really sorry but I can't respond to all the comments, email, yadda yadda yadda..." Also, in the video [How to Make Money Selling Watches - My 5 Secrets to Success] at 4:40 you actually say "Its my channel" which they made a lengthy point of disproving. It really made you look a bit dishonest sir. I get that its "just entertainment" but you can't let another man tell you what to say out your own mouth, especially when its broadcast to a worldwide audience. Not a good look for la raza, if you know what I mean. This isn't a troll comment, just viewer feedback. No need to reply.
@WatchEric
@WatchEric 4 жыл бұрын
Its a touchy situation. Because although I was completely insulted when I heard that comment about me “not” commenting, I wanted to immediately answer back straight on that comment. But I wanted to respect there page and be the bigger person. FYI... I answered thousands of comments myself. Thousands. And the only other person that helped answer was Dan Alvarez. No one else.I never had an ownership. But I put all my effort and soul and treated it as if it was my own. No one was trying to fake or mislead. The number one thing to me was the viewers. I worked 40-50hrs a week in that store. And answered thousands of questions for sales on IG dm’s, email, phone, watsapp, walk ins, the KZbin. I referred to it as My channel because I busted my ASS to get those topics and videos done. I came up with the topics. I recorded all those videos straight freestyle with no script. I respect you 100% for mentioning that to me in a very straight up and respectful manner. I worked there with 1000% and gave it my all like it was my own. I came up with every topic and I answered 1000’s of comments and Yes Dan Alvarez helped me with the simple ones(anything complicated or technical was clearly me). I appreciate you pointing that out.
4 жыл бұрын
@@WatchEric it is your channel, I don't understand why you don't have it.. first video on the channel its you.. its your channel wtf?
@PuraVidaAdventures506
@PuraVidaAdventures506 4 жыл бұрын
The only reason why I followed CRM was because Erićs videos. He is a very interesting person and i love his passion for watches. I am going to delete CRM from all my. Accounts. They can just do it even close to Eric. Best of luck my man Eric.
@hjalkhhjalkh
@hjalkhhjalkh 4 жыл бұрын
Hello Eric, do you have a website?
@stevestojan
@stevestojan 4 жыл бұрын
Just watched CRM’s latest video. I’m not the type of guy to talk shit either way, and I tried to keep it classy on my comment on their latest “Watch Your Style” video, but I never realized it was ALL YOU that brought the video production quality. Nice job man. I’ll continue to follow CRM, I guess, why not? But that last video was not good on their channel.. Not good at all. (THEY HAD A SMALL WOMAN COME IN TO TRY ON A WATCH BECAUSE THE NEWEST HOST COULDN’T FIT IT ON!) That’s not a dig at him, I’m 6’6, 245lbs. I’m a big guy, too. But show us the WATCH. They’re trying, but you’re clearly sorely missed over there. And the brands they compared..... Jesus.... We’ll get you to 100k subs in no time, brother. Keep it up.
@WatchEric
@WatchEric 4 жыл бұрын
Thank you for watching. And Subscribing to my channel Steve!!
@LogicalNimbus
@LogicalNimbus 4 жыл бұрын
Eric, what happened with CRM? Will you ever disclose? Also do you think now is the best time to buy a Batman for myself or do you think things are still correcting itself. I’m praying they drop down to $10K
@jimmysfikas9934
@jimmysfikas9934 4 жыл бұрын
JoeyJiggles I’ve seen a couple for sale 10.5 and batgirl for 11 on the forums
@LogicalNimbus
@LogicalNimbus 4 жыл бұрын
Jimmy sfikas where?!
@WatchEric
@WatchEric 4 жыл бұрын
Eventually there will be a whole discussion about it.
@LogicalNimbus
@LogicalNimbus 4 жыл бұрын
Watch Eric sounds good man. I watched their discussion on the topic. Always 2 sides. Hope all is well.
@Bey0nd
@Bey0nd 4 жыл бұрын
Where to check watch market price
@MrJintensive
@MrJintensive 4 жыл бұрын
3:36 reminds me of back to the future, I think, but with headlights and a hill.
@WatchEric
@WatchEric 4 жыл бұрын
Lol
@John-oz1do
@John-oz1do 4 жыл бұрын
Why did you leave CRM jewelers?
@timetell4371
@timetell4371 4 жыл бұрын
Love the videos Eric, but is it me or is the filter darker on the videos? On purpose?
@WatchEric
@WatchEric 4 жыл бұрын
It mat need still a little tweaking.
@timetell4371
@timetell4371 4 жыл бұрын
@Watch Eric Also good luck on the new channel, I'd love to see an updated SOTC too!
@SalesInfiltrator
@SalesInfiltrator 4 жыл бұрын
I believe they will fall a LOT just like everything else in a few months. If you can , buy them up, along with some gold and bitcoin!
@WatchEric
@WatchEric 4 жыл бұрын
Indeed
@BeardAxeMcAxeBeard
@BeardAxeMcAxeBeard 4 жыл бұрын
@Cloud Nine nope
@dannyg718
@dannyg718 4 жыл бұрын
Who is the Best online retailer for Rolex GMT black
@joekarate9424
@joekarate9424 4 жыл бұрын
Do you have a web site that tracks Rolex prices?
@RichieJames7
@RichieJames7 4 жыл бұрын
I got a black 116618. Do you think it had a little downtrend in market price?
@randyvillanueva3875
@randyvillanueva3875 4 жыл бұрын
Decent but no great deals. At least the deals are not good enough to go gray market, if I hold out for my solid AD. Non-Rolex, for example Omega, appear to be taking a beating though. Might be the time to pick up that Moon Watch or Speedmaster Professional for way under retail 👍🏼
@sakiscyber5799
@sakiscyber5799 4 жыл бұрын
Eric show us your update watch collection. You have to added some pieces the last years.
@WatchEric
@WatchEric 4 жыл бұрын
It’s coming 😎
@sakiscyber5799
@sakiscyber5799 4 жыл бұрын
@@WatchEric nice you are the best
@joelwanasek3656
@joelwanasek3656 4 жыл бұрын
Man the CRM channel blows now. Glad I found your new channel!
@WatchEric
@WatchEric 4 жыл бұрын
Thank you for following!!!! And the support!
@darellhunter2205
@darellhunter2205 4 жыл бұрын
Excited to support your new channel. Keep pumping out awesome videos and content.
@marcorota5350
@marcorota5350 4 жыл бұрын
Maaan... who s that ginger in CRM? Thank God I found your channel in the comments! We re gonna build up this channel again as big as the other has never been! Keep uploading Eric!
@circumnavigator
@circumnavigator 4 жыл бұрын
I think he should connect with Tim from WatchUWant. Tim brings the technical, Eric brings the cool.
@Alex-lx2pg
@Alex-lx2pg 4 жыл бұрын
Thanks for the great market update Eric. I'm glad I found your new channel. Subbed! I love the watch on your wrist. The YG Sub with the blue sunburst dial is my holy grail! I just watched your Day Date 2 video with your new dial. That dial is beautiful!! Totally worth the price of admission imo. 👍
@TaintedSinz
@TaintedSinz 4 жыл бұрын
Eric may i ask did you leave crm ?
@WatchEric
@WatchEric 4 жыл бұрын
Yes I did.
@TaintedSinz
@TaintedSinz 4 жыл бұрын
@@WatchEric Just curious eric! Are you mainly going to do videos and sell watches or just videos?
@WatchEric
@WatchEric 4 жыл бұрын
Both!!
@Nassman8
@Nassman8 4 жыл бұрын
Honestly eric I could care less why you stopped making videos for CRM whether its a personal business decision to go independent or whatever the case may be, that doesnt matter. What matters is that your content is creative and the watch topics discussed are great ever since the rolex vs AP video. Will keep supporting and watching ur videos. Good luck on your journey to 100k I have no doubt you’ll get there soon
@terrybeach9930
@terrybeach9930 4 жыл бұрын
I always like your B-roll but 3:36 in really caught my attention.
@radmanmancru9239
@radmanmancru9239 4 жыл бұрын
They are anti gravity jump shoes
@WatchEric
@WatchEric 4 жыл бұрын
Hahaha. I was like wtf
@WINDINGCROWNS
@WINDINGCROWNS 4 жыл бұрын
radman mancru I wasn’t looking at the shoes. Was that ass wearing shoes?
@radmanmancru9239
@radmanmancru9239 4 жыл бұрын
Hector Orozco I was being sarcastic.
@WINDINGCROWNS
@WINDINGCROWNS 4 жыл бұрын
radman mancru I know! Haha😉
@JuggusNawt
@JuggusNawt 4 жыл бұрын
Nah.. they don't need to dump watches to "keep the lights on".. they see a massive decline in sales and are responding to the market. People cant afford premiums right now for a luxury.
@WatchEric
@WatchEric 4 жыл бұрын
🤷🏻‍♂️😎
@vilimerceg5399
@vilimerceg5399 4 жыл бұрын
Eric you are the best. Good luck with the new channel.
@stanccstancc
@stanccstancc 4 жыл бұрын
Thanks Eric, How much is reasonable to pay for a PP 5711 now?
@nhatzi1
@nhatzi1 4 жыл бұрын
So it’s time to panic when you can get a sky dweller blue dial at retail prices....? Love it..
@Tonysoprano497
@Tonysoprano497 4 жыл бұрын
I don’t think there will ever really be a total crash . I think in the months to come there will be an increase in availability and a lot of pieces will be easier to access . Everything will pretty much depend upon Rolex production levels . If supply is greater and demand decreases then of course preowned prices will be affected.it could be back to pre 2015 / 2016 where preowned prices will be around 20 25 percent under list . I would say if this happens it’s just things returning to normal after four years of an artificial market .
@nelsonamidjaja1679
@nelsonamidjaja1679 4 жыл бұрын
Eric, how does it feel to hold an Egard?
@toddmarks581
@toddmarks581 4 жыл бұрын
Nobody wants a watch. Nobody cares their falling, everyone is actually thinking theirs a possible reinfection. Liquidity is king.
@circumnavigator
@circumnavigator 4 жыл бұрын
What about Dalio "Cash is Trash!"
@Steve_Schiffenhaus
@Steve_Schiffenhaus 2 жыл бұрын
It’s funny watching this now
@espowell1640
@espowell1640 4 жыл бұрын
Great, very informative Vid Eric👍🏽
@cinargey6873
@cinargey6873 4 жыл бұрын
My Brother. I like you. You are a good guy, BUT World is being reshaped. Why people buy watches? 70% of people buy to wear them to work to show his friends or to colleagues. Most people buy as a daily wear. In the new WORLD, there won't be offices. We will be working from home. Who needs a $20,000 ROLEX to wear at home? Only collectible watches, very rare and vintages watches will keep their values. The rest, will crash.
@muhammadaqmalratasha4323
@muhammadaqmalratasha4323 4 жыл бұрын
Cinar Gey second that
@jonathanh5134
@jonathanh5134 4 жыл бұрын
Where do we get/look for the new watches with all these stores closed? Eric referenced if we’re looking for a new watch now is the time. Where do we go? Ideas?
@WatchEric
@WatchEric 4 жыл бұрын
Online. I am selling and shipping watches.
@jonathanh5134
@jonathanh5134 4 жыл бұрын
Watch Eric do you have an online store?
@WatchEric
@WatchEric 4 жыл бұрын
All sales are through email eric@watcheric.com or IG @watch.eric
@circumnavigator
@circumnavigator 4 жыл бұрын
@@WatchEric cool - IG!
@bombazine2
@bombazine2 4 жыл бұрын
Eric is right, $2-3k drop on hype model Rolex's. No movement on a day date 40 ($27k best price on a new one before crisis and same as today).
@carteroswalt2876
@carteroswalt2876 4 жыл бұрын
Glad to see you own your own. You have the best watch channel in my opinion that's on the market. A tasteful and entertaining channel while be educational at the same time. I have done business with you at CRM in the past, will you be selling watches on your own now continuing the business. I am asking because I will always try and use you as my go to watch dealer.
@WatchEric
@WatchEric 4 жыл бұрын
Yes. I am opening up Select Timepieces once this is all over!!
@WatchEric
@WatchEric 4 жыл бұрын
Contact me on IG @watch.eric and email eric@watcheric.com
@carteroswalt2876
@carteroswalt2876 4 жыл бұрын
Wonderful news. Thank you for the Info.
@circumnavigator
@circumnavigator 4 жыл бұрын
@@WatchEric congrats!
@IanHobday
@IanHobday 4 жыл бұрын
It's about the percentage drops, not the dollar values. These watches have all been in a bubble and that bubble is now deflating.
@aaronmj9455
@aaronmj9455 4 жыл бұрын
Hey Video. Great video as always. It's such a pleasure to hear someone talk sense. Totally agree with your positive style thinking about a reduction in prices to keep the cash flow going. I have friends/know people that are still buying. They have all bought Rolex watches over list, because they felt buying grey at a lower price just now is the best way to get the watch they desire, at a price they're happy to pay, without having to wait for an ad call that still might never come. Good job bud!
@WatchEric
@WatchEric 4 жыл бұрын
Thank you for watching!!! We’ll have to wait and see.
@andricopoulos70
@andricopoulos70 4 жыл бұрын
All industries are crashing when there is no money it is worse than paying 40% more than retail and having money. Most people that pay 100k plus for a watch wont be that affected .
@fredericktan9692
@fredericktan9692 4 жыл бұрын
Let’s keep and save channel. We will see what is happening By June 2020 ROLEX price. Let see how good and strong ROLEX price can be!😙
@WatchEric
@WatchEric 4 жыл бұрын
Only time will tell. That I can not deny.
@neelsengupta662
@neelsengupta662 4 жыл бұрын
Another loyal follower checking in, subscribed!!
@Joe-xo3xy
@Joe-xo3xy 4 жыл бұрын
I am beginning to take a dig at you guys treating bloody Rolex and the watch market like it is some complex equity market. It is very irritating, sorry but I have to say it.
@robynsjp
@robynsjp 4 жыл бұрын
Just bought a 1963 Omega 165.024 41mm diver for 4.8K.... Awesome piece, awesome price.
@joshs3916
@joshs3916 2 жыл бұрын
Patek prices current day 2022, woah, what a steal back then lol
@milkywatches1130
@milkywatches1130 4 жыл бұрын
I must say that I fully agree with your opinion, Eric. Plus, I am so damn happy to see that you are still around and pruducing new content!
@WatchEric
@WatchEric 4 жыл бұрын
Thank you for watching!
@Visqo1
@Visqo1 4 жыл бұрын
good video man. I wish the crisis caught me on a better time. I would have bought a couple of good watches at a good price, but right now buying a new one is tough.
@WatchEric
@WatchEric 4 жыл бұрын
I hear you. Stay safe man.
@ivankerr3570
@ivankerr3570 4 жыл бұрын
It’s only started. For gods sake be honest. The world is crashing into a Great Depression. All these superfluous luxury goods will soon be selling for pennies on the dollar. Lots of wishful thinking here. And... I own a couple of Rolex that I’m keeping because I want to. But..... I dumped all my other watches bar a few beaters in January as I knew this was coming.
@WatchEric
@WatchEric 4 жыл бұрын
Now is a great moment to make moves in industries and make money.
@WatchEric
@WatchEric 4 жыл бұрын
And the Honest truth is not you or me can predict the future. And there is no way you knew in January that a global pandemic was coming. That being said if you did. Do you care to share the winning lotto numbers for this week?
@bombazine2
@bombazine2 4 жыл бұрын
subscibed! Eric is back
@andrebudiman4506
@andrebudiman4506 4 жыл бұрын
Price up or same in country not using usd
@MrRoyck10
@MrRoyck10 4 жыл бұрын
Buying any watch for that matter or mass produced machined Rolex was never an invest, it was pure gimmick to increase demands and sale for the watch dealers who were creaming of the Rolex frenzy. Just like any other liability expect your Rolex to tank due to false induced scarcity that some mercenaries misinterpreted as rarity.
@MTbone7
@MTbone7 4 жыл бұрын
Good one Eric! Big fan
@WatchEric
@WatchEric 4 жыл бұрын
Thank you for the solid support!
@russellfratto2795
@russellfratto2795 4 жыл бұрын
Love the channel, I’ve been following since the CRM days. But don’t you think the economic fallout from unemployment is going to affect the Grey and second hand markets? That financial analyst that just got laid off planning on getting his first Rolex is going to hold off for a while. The hospitality industry in sofl has taken a big hit. AD prices are going to stay the same but grey market prices I think are going to keep on dropping
@WatchEric
@WatchEric 4 жыл бұрын
Really depends how soon the economy can open back up.
@Watchlover371
@Watchlover371 4 жыл бұрын
Watch Eric not soon - one of the largest employers in Florida in Disney / you think their parks are going to be open any time soon?! Car dealerships/restaurants .... all fuked
@damachine3
@damachine3 4 жыл бұрын
Solid video. I completely agree with your take, Eric.
@WatchEric
@WatchEric 4 жыл бұрын
Thank you.
@alejandrovargas6578
@alejandrovargas6578 4 жыл бұрын
Way to go Eric! Been following since day 1, what do you thing is going to happen with AP?
@goldfishstopf9830
@goldfishstopf9830 4 жыл бұрын
Love new eric channel!!! One Loyalty followed here🤙🏼🤙🏼🤙🏼
@WatchEric
@WatchEric 4 жыл бұрын
Thank you!!!
@MainframeMediaCo
@MainframeMediaCo 4 жыл бұрын
Now is the time to buy!!! For those who can afford to!
@WatchEric
@WatchEric 4 жыл бұрын
🙌🏼💯
@ericmal5055
@ericmal5055 4 жыл бұрын
Great video, loved the scenery.
@WatchEric
@WatchEric 4 жыл бұрын
Thank you!
@errorlogging459
@errorlogging459 4 жыл бұрын
All the best Eric. CRM coming out with some kiddish videos... lol
@logwind
@logwind 4 жыл бұрын
Eric, just wanted to say I'm a fan of the channel.
@WatchEric
@WatchEric 4 жыл бұрын
Thank you Tim.
@immyraja5925
@immyraja5925 4 жыл бұрын
No price crashes in UK. Still holding strong. Go to Hatton garden and you’ll see the prices still strong. Go to watchfinder website and values still high
@roberthiers5606
@roberthiers5606 4 жыл бұрын
Lets see when the AD's start getting stock and nobody buys. Steel sport watches at a discount like a couple of years ago?
@jingchen3986
@jingchen3986 4 жыл бұрын
Robert Hiers Back to 2017 will be great.
@roberthiers5606
@roberthiers5606 4 жыл бұрын
@@jingchen3986 Maybe people will buy watches because the love them instead of trading them 8 times before they wind up on somebody's wrist.
@timur9429
@timur9429 4 жыл бұрын
Would love to get a 5711 at retail... but I think this ain‘t gonna happen
@mr.thinkpositive9962
@mr.thinkpositive9962 4 жыл бұрын
Eric, I think the slide has just begun. With all the people out of work and the bankruptcies that are starting to happen not to mention the weakened Asian market, I can only see one direction, down. Rolex and Patek as usual will hold up better than any other brands. I have a Batman & Pepsi on order from the AD. Let’s see how long it takes. Great new Channel Eric!
@WatchEric
@WatchEric 4 жыл бұрын
The weakened Asian market does not help.
@mr.thinkpositive9962
@mr.thinkpositive9962 4 жыл бұрын
Watch Eric I think a lot of the watches intended for the Asian market will get redirected to the US making the harder models more available.
@felixborissilvesterter887
@felixborissilvesterter887 4 жыл бұрын
The rolex waiting list still exists, the rolex factories are still closed. The stock of new rolexes is still falling, and prices are going down. When is the right time to strike.
@WatchEric
@WatchEric 4 жыл бұрын
Lol. Prob very very soon. On the Preowned end .
@podgeboss
@podgeboss 4 жыл бұрын
Gold and silver has gone up too ... get in
@outofshadow9951
@outofshadow9951 4 жыл бұрын
too late, time to buy sardines
@iggYeWest
@iggYeWest 4 жыл бұрын
Damn Eric I found you!! Always a fan of your reviews brother, keep them vids coming. Oh and the gt3 too!!
@leechanghun5861
@leechanghun5861 4 жыл бұрын
Market price is all about physiology especially for the luxury goods which are super elastic. We’ve been seeing this a lot in all around world so far whenever there comes recession. Once players in the market started to panic and throw away their goods, that’s how it started. And it would be good opportunity as well....
@IP0Monsturd
@IP0Monsturd 4 жыл бұрын
I’m looking to get a blue dial Sky Dweller for 8500 bucks.
@rmelgar9
@rmelgar9 4 жыл бұрын
Glad i found you Eric !
@Nexus.Achiles
@Nexus.Achiles 4 жыл бұрын
Tables have turned a little bit but we're still far from being in a buyer's market.
@frankthetank5013
@frankthetank5013 4 жыл бұрын
I see you with that all gold Sub.. where is the new Day Date?
@WatchEric
@WatchEric 4 жыл бұрын
Safely in the Bank ..
@TheMystro1971
@TheMystro1971 4 жыл бұрын
Very good perspective. If a $3k dip is a big deal to the buyer, they really can’t afford a luxury watch anyway. A new Batman from $15k to $13k is still a strong indication these watches are strong even in a economic crisis. It’s time to buy for the watch enthusiast. The commodity traders can pick the bones of another hobby.
@jayh9144
@jayh9144 4 жыл бұрын
Rolex will always be the last to drop. Most know brand in the world.
@WatchEric
@WatchEric 4 жыл бұрын
Correct
@circumnavigator
@circumnavigator 4 жыл бұрын
More than Nike? Or Apple?
@arturosandoval
@arturosandoval 4 жыл бұрын
I always wonder are you selling watches or real estate??
@circumnavigator
@circumnavigator 4 жыл бұрын
I like the scenery from Miami :P
@PortlyPour
@PortlyPour 4 жыл бұрын
But why would I panic if a Blue SkyDweller comes down to 8.5k?
@yoguy2k7
@yoguy2k7 4 жыл бұрын
It's like the world is realizing they are just watches and simply not that important!
@watchclubent.3956
@watchclubent.3956 4 жыл бұрын
Good info but fluctuation would be more appropriate given in percentages, 15%~20%
@sylpascale7673
@sylpascale7673 4 жыл бұрын
Good video Eric, spot on. The Rolex 116719-Blue Dial still selling in high 30s, all of the Rolex 116509's, newer models still in the mid 30s, Rolex 116619 still 30-35. The only ones really down are the Rolex 116610LV & 116710BLNR...like you said 2-3K. Is that a Rolex 116618 on your wrist? Stunning piece if it is....
@321tapas
@321tapas 4 жыл бұрын
syl pascale why do you think the 116610LV has taken a hit in your opinion ?
@sylpascale7673
@sylpascale7673 4 жыл бұрын
@@321tapas I have seen on all the online dealers that it is now selling in the 12's and 13's whereas a few months ago $15000-$17000. There are still many asking $15000 and $16000, but the high $12000-$14000 offers are new.
@321tapas
@321tapas 4 жыл бұрын
syl pascale thanks for the info! Any theory as to why the green one is losing interest and value? Do you think it’s simply the ‘lower value’ ones are being hit, or is there more to it? I’m interested because an AD literally phoned me up and offered me one! I had my name on a list from last year and had totally forgotten about it. I can’t imagine many people buying now anyway, but was really interested in why the green one specifically is suddenly available and seems to be the one being hit.
@sylpascale7673
@sylpascale7673 4 жыл бұрын
@@321tapas I would buy a 116610LV from an AD if I could it is a beautiful piece and the green sunburst dial is really nice. I have the 116613LB with the blue sunburst dial and the cerachrome bezel. I just think some of the pieces like the Hulk and the Batman were way overpriced on the secondary market and now we are seeing an adjustment. The Daytona is another story, the 116500 and 116520 SS models are not dropping. The best deals on a Daytona are the 116523 two tone and the 116509 in white gold (this one can be had for the same price as a 116500).
@321tapas
@321tapas 4 жыл бұрын
syl pascale thanks mate good info.
@kierankennedy8351
@kierankennedy8351 4 жыл бұрын
ANOTHER GREAT VIDEO.SIT TIGHT NOTHING TO WORRY ABOUT.HOPEFULLY FREES UP SOME MORE ROLEY'S AT THE AD'S
@WatchEric
@WatchEric 4 жыл бұрын
Yesss
@kierankennedy8351
@kierankennedy8351 4 жыл бұрын
@@WatchEric BROTHER JUST CAUGHT THE NEW VIDEO FROM THE OLD SHOW.ARE YOU SURE YOU CAN'T GO BACK THERE?THEY NEED HELP!STAT!
@henrigamebredvargas
@henrigamebredvargas 4 жыл бұрын
Yes now i can get me a rolex hook me up eric😂😂😂 much love eric keep it up bro👍❤🙏
@WatchEric
@WatchEric 4 жыл бұрын
Anytime!!
@citpw
@citpw 4 жыл бұрын
Agree. Just second hand market dealer trying to put a price point to actually sell it :)
@jerryd3123
@jerryd3123 4 жыл бұрын
I agree.....Dip.....love all my watches no matter what happens... Keep up the good work.
@WatchEric
@WatchEric 4 жыл бұрын
I love mines also!
@jamilmakki1293
@jamilmakki1293 4 жыл бұрын
Your the man Erik love your vids
@PrivadaCigarClub
@PrivadaCigarClub 4 жыл бұрын
The real question is rose gold Daytona or all rose gold root beer?
@PrivadaCigarClub
@PrivadaCigarClub 4 жыл бұрын
and rose gold Daytona with metal or rubber bracelet?
@WatchEric
@WatchEric 4 жыл бұрын
I say daytona
@andresvazquez7112
@andresvazquez7112 4 жыл бұрын
You should do a video about rolex platinum watches, especially the day date
@andresvazquez7112
@andresvazquez7112 4 жыл бұрын
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