Screw the flippers, they are the ones taking a hit. Who cares ? I am glad to see you again Eric.
@WatchEric4 жыл бұрын
Thank you!!
@a.w.50484 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.
@ashishpatel3504 жыл бұрын
They deserve to get burned
@bondscalper4 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!!!
@WatchEric4 жыл бұрын
Thank you for the Input!!!!
@tomhammond44064 жыл бұрын
This man speaks the truth. Well said.
@ezdeezytube4 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.
@DigitalPRCourses4 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...
@jasonbrown13664 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.
@fidelsalgado19724 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_Ghost4 жыл бұрын
that 26 million people couldnt buy luxury watches before either!
@ezra4204204 жыл бұрын
Well none are being made either
@TheSecondsHand4 жыл бұрын
Keep wondering
@alexsierra13314 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.
@circumnavigator4 жыл бұрын
@@alexsierra1331 what discounts off list did they offer you for each model?
@AshwinSuppiah4 жыл бұрын
A 25% drop is a crash. When the stock markets drop 7 % a day, that is considered a crash
@SpaghettiKillah4 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.
@whitepony1014 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 🍻😎👍🏽
@WatchEric4 жыл бұрын
Thank you very much for the support and follow.
@robertmcclay39984 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
@circumnavigator4 жыл бұрын
That's why I asked Eric to do a worst-case-scenario video on the scrap value of DayDates
@robertmcclay39984 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.
@carlosr10604 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 !
@JTMarlin84 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.
@carlosr10604 жыл бұрын
Robert Mcclay ( Kenny Nolan song) I LIKE DREAMING, CAUSE DREAMING CAN MAKE YOU MINE.
@zzygyy4 жыл бұрын
Buyers market. About time. 😉🤑
@WatchEric4 жыл бұрын
Jajajajaja. Yess
@jingchen39864 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
@FinnishPanther4 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!
@WatchEric4 жыл бұрын
Thank you very much for the subscribing.
@rousemotorsport4 жыл бұрын
Same here. It is just not the same at CRM without you. Now subscribed to Watch Eric.
@ashishpatel3504 жыл бұрын
I wonder if they pushed him out.
@JTMarlin84 жыл бұрын
@@ashishpatel350 Hard to say, but I think Eric's going to do way better financially on his own.
@ashishpatel3504 жыл бұрын
@@JTMarlin8 yeah agreed. Time for him to invest in himself.
@karl_m30134 жыл бұрын
When a used Rolex is below retail, like only a few years ago, then I will buy. Till then, no way.
@WatchEric4 жыл бұрын
Maybe soon
@carlofilippopezzoli35524 жыл бұрын
That’s a good point for never owning one 😅
@light15314 жыл бұрын
They were heading into VC Gen 2 overseas and AP offshore price territory.... get out of here.
@campkira4 жыл бұрын
they restock alot now...
@mikec34544 жыл бұрын
This comment won't age well ... Let us all know when that happens! lol
@sergiocastro5884 жыл бұрын
The Rolex madness is finally coming to reality. It was just idiotic
@carlosr10604 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.
@anthonymarshall88264 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.
@WatchEric4 жыл бұрын
We’ll have to give it another couple weeks.
@mazfosters1864 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-ic1eb4 жыл бұрын
Watches are not investments.
@hundegaga4 жыл бұрын
btc eth xtz
@2011blueman4 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.
@damachine34 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?
@WatchEric4 жыл бұрын
Very true lol. It was just a random Google picZ
@WatchEric4 жыл бұрын
Good eye!!
@riverwho14 жыл бұрын
Whats a PCL?
@4symbols784 жыл бұрын
riverwho1 polished center links
@riverwho14 жыл бұрын
Thanks!
@shafserious28054 жыл бұрын
Crashes or no crashes..... i love my watches.
@jasonbrown13664 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.
@LewisMa4 жыл бұрын
What price r u waiting for?
@jimmyv.4954 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.
@jasonbrown13664 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
@LewisMa4 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.4954 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.
@jacstoneu4 жыл бұрын
Watch price going down is a good thing!!! For flippers on the other hand can go kick rocks anyway!
@WatchEric4 жыл бұрын
Sure is bad for them
@jacstoneu4 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-rb3do4 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.
@WatchEric4 жыл бұрын
Thank you. I feel great!
@usmc11274 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?
@luxwatchesfornewbies32454 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.
@WatchEric4 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?
@PuraVidaAdventures5064 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.
@hjalkhhjalkh4 жыл бұрын
Hello Eric, do you have a website?
@stevestojan4 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.
@WatchEric4 жыл бұрын
Thank you for watching. And Subscribing to my channel Steve!!
@LogicalNimbus4 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
@jimmysfikas99344 жыл бұрын
JoeyJiggles I’ve seen a couple for sale 10.5 and batgirl for 11 on the forums
@LogicalNimbus4 жыл бұрын
Jimmy sfikas where?!
@WatchEric4 жыл бұрын
Eventually there will be a whole discussion about it.
@LogicalNimbus4 жыл бұрын
Watch Eric sounds good man. I watched their discussion on the topic. Always 2 sides. Hope all is well.
@Bey0nd4 жыл бұрын
Where to check watch market price
@MrJintensive4 жыл бұрын
3:36 reminds me of back to the future, I think, but with headlights and a hill.
@WatchEric4 жыл бұрын
Lol
@John-oz1do4 жыл бұрын
Why did you leave CRM jewelers?
@timetell43714 жыл бұрын
Love the videos Eric, but is it me or is the filter darker on the videos? On purpose?
@WatchEric4 жыл бұрын
It mat need still a little tweaking.
@timetell43714 жыл бұрын
@Watch Eric Also good luck on the new channel, I'd love to see an updated SOTC too!
@SalesInfiltrator4 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!
@WatchEric4 жыл бұрын
Indeed
@BeardAxeMcAxeBeard4 жыл бұрын
@Cloud Nine nope
@dannyg7184 жыл бұрын
Who is the Best online retailer for Rolex GMT black
@joekarate94244 жыл бұрын
Do you have a web site that tracks Rolex prices?
@RichieJames74 жыл бұрын
I got a black 116618. Do you think it had a little downtrend in market price?
@randyvillanueva38754 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 👍🏼
@sakiscyber57994 жыл бұрын
Eric show us your update watch collection. You have to added some pieces the last years.
@WatchEric4 жыл бұрын
It’s coming 😎
@sakiscyber57994 жыл бұрын
@@WatchEric nice you are the best
@joelwanasek36564 жыл бұрын
Man the CRM channel blows now. Glad I found your new channel!
@WatchEric4 жыл бұрын
Thank you for following!!!! And the support!
@darellhunter22054 жыл бұрын
Excited to support your new channel. Keep pumping out awesome videos and content.
@marcorota53504 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!
@circumnavigator4 жыл бұрын
I think he should connect with Tim from WatchUWant. Tim brings the technical, Eric brings the cool.
@Alex-lx2pg4 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. 👍
@TaintedSinz4 жыл бұрын
Eric may i ask did you leave crm ?
@WatchEric4 жыл бұрын
Yes I did.
@TaintedSinz4 жыл бұрын
@@WatchEric Just curious eric! Are you mainly going to do videos and sell watches or just videos?
@WatchEric4 жыл бұрын
Both!!
@Nassman84 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
@terrybeach99304 жыл бұрын
I always like your B-roll but 3:36 in really caught my attention.
@radmanmancru92394 жыл бұрын
They are anti gravity jump shoes
@WatchEric4 жыл бұрын
Hahaha. I was like wtf
@WINDINGCROWNS4 жыл бұрын
radman mancru I wasn’t looking at the shoes. Was that ass wearing shoes?
@radmanmancru92394 жыл бұрын
Hector Orozco I was being sarcastic.
@WINDINGCROWNS4 жыл бұрын
radman mancru I know! Haha😉
@JuggusNawt4 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.
@WatchEric4 жыл бұрын
🤷🏻♂️😎
@vilimerceg53994 жыл бұрын
Eric you are the best. Good luck with the new channel.
@stanccstancc4 жыл бұрын
Thanks Eric, How much is reasonable to pay for a PP 5711 now?
@nhatzi14 жыл бұрын
So it’s time to panic when you can get a sky dweller blue dial at retail prices....? Love it..
@Tonysoprano4974 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 .
@nelsonamidjaja16794 жыл бұрын
Eric, how does it feel to hold an Egard?
@toddmarks5814 жыл бұрын
Nobody wants a watch. Nobody cares their falling, everyone is actually thinking theirs a possible reinfection. Liquidity is king.
@circumnavigator4 жыл бұрын
What about Dalio "Cash is Trash!"
@Steve_Schiffenhaus2 жыл бұрын
It’s funny watching this now
@espowell16404 жыл бұрын
Great, very informative Vid Eric👍🏽
@cinargey68734 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.
@muhammadaqmalratasha43234 жыл бұрын
Cinar Gey second that
@jonathanh51344 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?
@WatchEric4 жыл бұрын
Online. I am selling and shipping watches.
@jonathanh51344 жыл бұрын
Watch Eric do you have an online store?
@WatchEric4 жыл бұрын
All sales are through email eric@watcheric.com or IG @watch.eric
@circumnavigator4 жыл бұрын
@@WatchEric cool - IG!
@bombazine24 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).
@carteroswalt28764 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.
@WatchEric4 жыл бұрын
Yes. I am opening up Select Timepieces once this is all over!!
@WatchEric4 жыл бұрын
Contact me on IG @watch.eric and email eric@watcheric.com
@carteroswalt28764 жыл бұрын
Wonderful news. Thank you for the Info.
@circumnavigator4 жыл бұрын
@@WatchEric congrats!
@IanHobday4 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.
@aaronmj94554 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!
@WatchEric4 жыл бұрын
Thank you for watching!!! We’ll have to wait and see.
@andricopoulos704 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 .
@fredericktan96924 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!😙
@WatchEric4 жыл бұрын
Only time will tell. That I can not deny.
@neelsengupta6624 жыл бұрын
Another loyal follower checking in, subscribed!!
@Joe-xo3xy4 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.
@robynsjp4 жыл бұрын
Just bought a 1963 Omega 165.024 41mm diver for 4.8K.... Awesome piece, awesome price.
@joshs39162 жыл бұрын
Patek prices current day 2022, woah, what a steal back then lol
@milkywatches11304 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!
@WatchEric4 жыл бұрын
Thank you for watching!
@Visqo14 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.
@WatchEric4 жыл бұрын
I hear you. Stay safe man.
@ivankerr35704 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.
@WatchEric4 жыл бұрын
Now is a great moment to make moves in industries and make money.
@WatchEric4 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?
@bombazine24 жыл бұрын
subscibed! Eric is back
@andrebudiman45064 жыл бұрын
Price up or same in country not using usd
@MrRoyck104 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.
@MTbone74 жыл бұрын
Good one Eric! Big fan
@WatchEric4 жыл бұрын
Thank you for the solid support!
@russellfratto27954 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
@WatchEric4 жыл бұрын
Really depends how soon the economy can open back up.
@Watchlover3714 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
@damachine34 жыл бұрын
Solid video. I completely agree with your take, Eric.
@WatchEric4 жыл бұрын
Thank you.
@alejandrovargas65784 жыл бұрын
Way to go Eric! Been following since day 1, what do you thing is going to happen with AP?
@goldfishstopf98304 жыл бұрын
Love new eric channel!!! One Loyalty followed here🤙🏼🤙🏼🤙🏼
@WatchEric4 жыл бұрын
Thank you!!!
@MainframeMediaCo4 жыл бұрын
Now is the time to buy!!! For those who can afford to!
@WatchEric4 жыл бұрын
🙌🏼💯
@ericmal50554 жыл бұрын
Great video, loved the scenery.
@WatchEric4 жыл бұрын
Thank you!
@errorlogging4594 жыл бұрын
All the best Eric. CRM coming out with some kiddish videos... lol
@logwind4 жыл бұрын
Eric, just wanted to say I'm a fan of the channel.
@WatchEric4 жыл бұрын
Thank you Tim.
@immyraja59254 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
@roberthiers56064 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?
@jingchen39864 жыл бұрын
Robert Hiers Back to 2017 will be great.
@roberthiers56064 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.
@timur94294 жыл бұрын
Would love to get a 5711 at retail... but I think this ain‘t gonna happen
@mr.thinkpositive99624 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!
@WatchEric4 жыл бұрын
The weakened Asian market does not help.
@mr.thinkpositive99624 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.
@felixborissilvesterter8874 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.
@WatchEric4 жыл бұрын
Lol. Prob very very soon. On the Preowned end .
@podgeboss4 жыл бұрын
Gold and silver has gone up too ... get in
@outofshadow99514 жыл бұрын
too late, time to buy sardines
@iggYeWest4 жыл бұрын
Damn Eric I found you!! Always a fan of your reviews brother, keep them vids coming. Oh and the gt3 too!!
@leechanghun58614 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....
@IP0Monsturd4 жыл бұрын
I’m looking to get a blue dial Sky Dweller for 8500 bucks.
@rmelgar94 жыл бұрын
Glad i found you Eric !
@Nexus.Achiles4 жыл бұрын
Tables have turned a little bit but we're still far from being in a buyer's market.
@frankthetank50134 жыл бұрын
I see you with that all gold Sub.. where is the new Day Date?
@WatchEric4 жыл бұрын
Safely in the Bank ..
@TheMystro19714 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.
@jayh91444 жыл бұрын
Rolex will always be the last to drop. Most know brand in the world.
@WatchEric4 жыл бұрын
Correct
@circumnavigator4 жыл бұрын
More than Nike? Or Apple?
@arturosandoval4 жыл бұрын
I always wonder are you selling watches or real estate??
@circumnavigator4 жыл бұрын
I like the scenery from Miami :P
@PortlyPour4 жыл бұрын
But why would I panic if a Blue SkyDweller comes down to 8.5k?
@yoguy2k74 жыл бұрын
It's like the world is realizing they are just watches and simply not that important!
@watchclubent.39564 жыл бұрын
Good info but fluctuation would be more appropriate given in percentages, 15%~20%
@sylpascale76734 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....
@321tapas4 жыл бұрын
syl pascale why do you think the 116610LV has taken a hit in your opinion ?
@sylpascale76734 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.
@321tapas4 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.
@sylpascale76734 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).
@321tapas4 жыл бұрын
syl pascale thanks mate good info.
@kierankennedy83514 жыл бұрын
ANOTHER GREAT VIDEO.SIT TIGHT NOTHING TO WORRY ABOUT.HOPEFULLY FREES UP SOME MORE ROLEY'S AT THE AD'S
@WatchEric4 жыл бұрын
Yesss
@kierankennedy83514 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!
@henrigamebredvargas4 жыл бұрын
Yes now i can get me a rolex hook me up eric😂😂😂 much love eric keep it up bro👍❤🙏
@WatchEric4 жыл бұрын
Anytime!!
@citpw4 жыл бұрын
Agree. Just second hand market dealer trying to put a price point to actually sell it :)
@jerryd31234 жыл бұрын
I agree.....Dip.....love all my watches no matter what happens... Keep up the good work.
@WatchEric4 жыл бұрын
I love mines also!
@jamilmakki12934 жыл бұрын
Your the man Erik love your vids
@PrivadaCigarClub4 жыл бұрын
The real question is rose gold Daytona or all rose gold root beer?
@PrivadaCigarClub4 жыл бұрын
and rose gold Daytona with metal or rubber bracelet?
@WatchEric4 жыл бұрын
I say daytona
@andresvazquez71124 жыл бұрын
You should do a video about rolex platinum watches, especially the day date