if you're buying it as an investment you're fucking up in the first place
@PipoBk Жыл бұрын
Correct!
@geno816 Жыл бұрын
True
@terryl7749 Жыл бұрын
Don't buy watches as an investment but if spending more than $5k you must at least consider value retention. If money is no object then just keep buying and never sell.
@mrparkx2 Жыл бұрын
@@terryl7749amen
@WickedRichie Жыл бұрын
Except the people that sold the watches in 2021
@grahamwallace Жыл бұрын
Spoken like a true grey market dealer!
@karthiksrinivasan8713 Жыл бұрын
Well said Mr. Wallace - we all should gather on a crusade to get these guys out of business - this Rolex hype is all artificially created thanks to these grey market sellers! These guys are so weird and unreliable!
@DWilliam1 Жыл бұрын
Yup, part of the group of greedy individuals who care nothing about watches or horology. I saw this happen to the sneaker market 20 plus years ago. This guy is destroying what used to be a fun and enjoyable hobby.
@duckies7179 ай бұрын
Him tell you how to retain value on your purchase and not lose money, but you still want to ignore his advice, than go ahead
@michaeldemarco8996 ай бұрын
You know what’s crazy is I do use a grey market dealer heee in USA. She’s sold me two omegas brand new at 30 percent off retail because she buys them at 40 percent off! But if you walk into the AD they’ll give you 10 percent maybe. Ads are part of this problem too
@jayrharris215 ай бұрын
As someone who purchase an Omega from an AD, a Rolex on grey market, I can confirm the Rolex hype. I wear my Omega far more than the Rolex.
@JK-cj2my Жыл бұрын
Only person that will tell you a watch is an investment is a watch salesman
@AMGWCLass Жыл бұрын
Or people with to much money so they throw some at expensive watches as a sort of investment or store of value kinda thing. Also easier if you need cash quick you can go sell your RM for discount and have half a million like that..
@terryl7749 Жыл бұрын
Banks are getting interested in sales results of luxury watches nowadays. Morgan Stanley's watch report identifies there are serious dollars in this multi billion dollar industry. Investment or not, it's no longer a weekend hobby. When eagles are watching, it means there's a decent meal to be had.
@georgeyboy818610 ай бұрын
@@AMGWCLasshalf a million cash?
@filiplaskovski99936 ай бұрын
@@AMGWCLassbetter to store your wealth in the metals that most of them are made in like Gold bullion
@farsh143 ай бұрын
Well the Rolex I bought 7 years ago has nearly tripled in value. Is that a bad investment?
@DeadBunny69 Жыл бұрын
Rolex Owners: "How much would you give me for my Rolex?" Omega Owners: "Why would I sell my Omega?"
@terryl7749 Жыл бұрын
You wouldn't sell your Omega because you'd lose 40 percent value. Been there done that. Never again.
@mrparkx2 Жыл бұрын
@@terryl7749i would rather give my child a rolex over omega when im dead
@kosmar Жыл бұрын
true
@jumboJetPilot Жыл бұрын
Exactly! Don’t buy a watch with the intention of selling it.
@mrparkx2 Жыл бұрын
@@jumboJetPilot my end goal in this is to pass my collection down tbh.
@ok.6539 Жыл бұрын
How to say you're a Rolex seller who sells it overpriced without saying it:
@chriseyre83 Жыл бұрын
A second hand watch dealer will always back rolex. Its his money earner.
@permabear6025 Жыл бұрын
He even said Rolex and Omega build quality are on different levels which is just blatantly untrue as well.
@BenjaminD84 Жыл бұрын
" The Honest Watch Dealer " LOL
@nater1328 Жыл бұрын
@@permabear6025 exactly. Their quality is almost exactly the same. It’s brand recognition and value retention where Rolex is a step ahead.
@terryl7749 Жыл бұрын
@@nater1328 Agree. Rolex have a proven track history of building robust and reliable watches. They've survived harsh conditions of every kind, extreme heat to extreme cold. Been taken to the ends of Earth by explorers, scientists, adventurers and athletes. Survived being under seawater for over a year. Used to navigate longitude on a solo circumnavigation sailing expedition. What more do you need that an Omega is going to offer in any more superior form? Omega fanboys like to argue that co-axial chronometer is better. How is a more complicated and more expensive movement better for arguably the same accuracy? Just more expensive and time consuming to service.
@kungfoochicken08 Жыл бұрын
@@terryl7749 Omega literally went to the moon. The fuck are you on about?
@pablozorro3507 Жыл бұрын
“Build quality is two different levels”. I have to disagree with you on that point, unless you mean to say Omega are better movements, have more complications, and have no fear showing their movements. When Rolex do (I.e. new Platona) one can’t be impressed with what you see. People are only impressed with it because you can finally see a movement. Omega has some fantastic watches, excellent movements,has lots of heritage, and some great designs, plus they are better value IF (and only if) you intend to keep them and enjoy them. Rolex is a better “investment” on the whole but has much less soul IMHAO.
@permabear6025 Жыл бұрын
You’re quite right to disagree because he’s just blatantly lying regarding build quality difference. These wide boy grey market dealers make vast, vast majority of their money from flogging Rolex so they’ll always meatride the brand, same with Nico.
@Calvin1911 Жыл бұрын
He sounds like any other asshat that doesn't know watches and only buys watches for "investment" value. To say they're 2 different levels is right... Omega is way better. You buy an Omega (Or even a Grand Seiko!) for yourself and you buy a Rolex to impress others.
@varunparkash9007 Жыл бұрын
So Mr Omega Fanboy, isn't it obvious that you never got a watch offered by Rolex AD lol?
@ldorman Жыл бұрын
@@varunparkash9007 I downsized my watch collection what included a GMT Master 2 - having now 3 watches - one cheap old watch I bought over 20yrs ago, a Tag F1 and a Omega Seamaster 300. The Omega is my favorite, come feel, come how it wears, the looks aso. I don't care about the financial value, and people who buy watches to flip are not owning a watch long enough to build up memory and attachment. Omega is superior to Rolex, all what Rolex has is better marketing and artificially making up that they rare - unless you smart and look at their sales figures then you notice they manufacture over a million pieces in a year. Also, don't forget, Rolex was founded by a sales person, not a watch maker.
@TheOldSchoolExpert Жыл бұрын
@@ldorman No one who knows anything about luxury watches says Rolexes are rare, including Rolex themselves. It's simple supply and demand. Literally everyone knows or can easily find out that Rolex produces around 1 million watches a year (it's on their Wikipedia page, you don't have to be "smart" to see their sales history as you claim). The difference is that, although they make lots of watches annually, the demand for them is fierce and their supply is not enough to keep up with that demand. It will change one day, but for the time being, the insatiable demand is what keeps their prices high. Not the "rarity" as the Rolex haters love to claim.
@oscarpeters5309 Жыл бұрын
if you want to wear your watch rather than have it as an investment, omega is a better option
@MrCate1999 Жыл бұрын
Exactly well said. I wear my Omega everyday
@terryl7749 Жыл бұрын
I wear my Rolex everyday too. I use to wear a Speedy but sold it as it's become too common especially with MoonSwatches appearing on the scene. And I refuse to wear a Seamaster, as I don't want to endorse paying for James Bond marketing bullshit. Give me a Bond Submariner any day or even a Timothy Dalton era 16610 Sub is cooler than any Seamaster.
@scottyee707 Жыл бұрын
with Rolex you can have both.
@james_maxwell Жыл бұрын
@@scottyee707 but you have to wait like 3 years or so in a queue.
@wowza5758 Жыл бұрын
it’s just not. they are so much chunkier than rolex watches. rolexes fit like a glove
@minjin0259 Жыл бұрын
I would buy the Omega over the Rolex every time. If someone gave me a Rolex I would sell it and buy 3 Omegas and have watches that I love.
@carsandstuff365 Жыл бұрын
I agree I think omega offer a better range of models too.. from divers , to chronographs , dress watch’s . All sorts
@alfieakaronaldog9 ай бұрын
‘Would’?
@alfieakaronaldog9 ай бұрын
Have either of you actually bought an Omega yet?
@matthewdam5838 Жыл бұрын
There’s a reason why NASA chose Omega over Rolex. Because the build quality on omega will last through a lot more than a Rolex.
@AdamEve-ie3yr Жыл бұрын
Vintage Rolex are in better shape than vintage omega
@seavee2190 Жыл бұрын
@@AdamEve-ie3yr Rolex started as a cheap watch brand, should have stayed like that.
@bigj324 Жыл бұрын
Uh no. NASA was looking for watches can handle the rigorous conditions un space. Most of us are not taking our watches to space.
@TheOldSchoolExpert Жыл бұрын
Bullshit. NASA is a government agency and Rolex is a LUXURY BRAND. The government would not and cannot justify partnering with a luxury brand and spend double or triple what it would spend otherwise. That would be like saying the US military chose Propper over Louis Vuitton to make their uniforms. I highly doubt NASA ever considered Rolex to make anything for them.
@frankpalfreyman8183 Жыл бұрын
The moon watch they took actually came apart while on the moon
@nitenitesucka Жыл бұрын
people who buy watches as investments are dumb. if you cant stand to lose a few thousand in value on a watch that costs 5-10k, you shouldn't be buying that watch in the first place.
@frankdux5693 Жыл бұрын
Couldn't agree more
@berkeliumk Жыл бұрын
These are the kind of people who buy designer clothes just to return it after wearing it once to show off. Pathetic.
@whereRbearsTeeth4 күн бұрын
Couldn’t agree less
@nipstyler Жыл бұрын
Buy the Omega... You don't have to give the AD a hand job just to buy one... Like you do with a Rolex
@geno816 Жыл бұрын
Rolex build quality isn't on a different level. They are equal. Rolex just sells for more because of marketing.
@elsibarita999 Жыл бұрын
Used Sub: $14k Used: Seamaster $4K The Omega won't depreciate at this point, just like the sub its used price might increase only by inflationary forces. Your money will be safe in either one. Buy what you like.
@Ferreiraplumbing20 Жыл бұрын
Precisely. I always find it funny when people try to justify if Rolex is better than omega 😂 The fact that it’s a question everyone is asking should answer the question lol
@dancingclown00068 ай бұрын
I'm a diver omega seamaster deep blue Ocean 600m deep water amazing this watch part my life I purchase this watch around seven thousand
@whereRbearsTeeth4 күн бұрын
The smart people (not you) will buy the submariner new and make 5k.
@elsibarita9993 күн бұрын
@@whereRbearsTeeth Update: Used 126610 price in Aug 2024 $12K. Brand new after Tax. $11K. Gross profit $1,000. and that's not considering the 6% commission selling platforms charge. So yeah... good luck with those 5K lol.
@15harry1561 Жыл бұрын
If you want to wear a nice Watch and not get it stolen, don’t wear Rolex
@DavidB-py8nz11 ай бұрын
Exactly. Don’t know how anyone could feel safe walking round with one in this day and age.
@whereRbearsTeeth4 күн бұрын
Been wearing mine for close to a decade with no issues. It’s been everywhere.
@johanvandersandt8904 Жыл бұрын
I completely agree. Omega's are in a different league. They are better watches in every measurable way. Rolex might be the better investment but not the better watch.
@terryl7749 Жыл бұрын
Better? There's no proof. More innovative and definitely offer more variety. But stop this argument of who's better. Watch collecting use to be an enjoyable hobby. It's turned into a schoolyard of bullies. Reminds me of kids being beat up for wearing the wrong sneakers. Just stop it!!
@johanvandersandt8904 Жыл бұрын
@@terryl7749 How about fit and finish? How about material used. Under macro's they are just (generally) done to a higher standard. That being said I know what you mean. These days it feels like a pissing contest. I just made the argument as I have heard from many Rolex owners that their brand is superior to other bases on status alone. I don't care either way and like both brands. 🙂
@terryl7749 Жыл бұрын
@@johanvandersandt8904 It's all because of social media that people make assumptions on what they hear rather than what they experience. I can only say collect what you like but don't follow trends & fashions. Follow your own path. Never judge a book by it's cover. I've owned 10 Omegas & 7 Rolexes. The wearing experience was completely different. I liked them both for different reasons and it depends on the model. For example I avoid Daytonas and Moon watches (too common). But I love the Explorer 2 and the vintage Speedmaster Mark 2. Both unloved in their own right but they have a great history behind them; without the media hype. The Mark 2 which was designed to replace the Moon watch but got rejected mostly due to NASA budget costs. The Rolex is more an aspirational purchase and a boy's own adventure story kind of watch if you read about the adventures they've been on. Like the Explorer 2 worn by Erling Kagge who wore it to summit Everest and to both solo expeditions of the North & South poles. And Ed Viesturs who also wore it on a majority of his expeditions to the 14 of the eight thousand meter mountain peaks. Mind you these were the days before GPS or mobile phones. The watch was a tool used to navigate. I own a vintage Explorer 2 from the same period. I also have the same reference Submariner as one that was accidentally lost in the Pacific Ocean by a fisherman, which was recovered more than one year later, still working with barnacles growing on it. Hate Rolex if you must and call them inferior in fit and finish but they will almost last a nuclear bomb. Actually there were two Volcanologists that died whilst researching a live volcano and the only remains of them found was a Datejust one was wearing! Then there's also the sailor, Sir Francis Chichester who solo circumnavigated the clipper route for 9 months in the 1960s with only the aid of a sextant and his Rolex Oyster Perpetual to navigate Longitude using the sun and stars. Does it get more reliable than that? I also hate to say it, but they retain their value. I've traded a lot of Omegas and lost money on all but one of them. Over 10 years that amounts to thousands of dollars. We don't like to talk money in this hobby but when you're spending tens of thousands of dollars, you start re-thinking what you should buy. If you only have one watch then that's fine, but as a collector it adds up. You've got to be naive not to think so.
@johanvandersandt8904 Жыл бұрын
@@terryl7749 It makes sense what you are saying and I wish to own some of those awesome watches one day so that I can see for myself! I have only owned one Rolex (day/date) and two Omegas(vintage constellation and a Seamaster.) and I enjoyed them both. Sadly you are right. They do hold their value better.Thank you for the amazing reply and have a great day!
@TheTrueHasenfeffer Жыл бұрын
Look at the co-axial chronometer George Daniels created for Omega and tell me the movement isn't better than Rolex. Because it is. I'm not saying Rolex is trash, I'm just saying Omega is better.
@limeem Жыл бұрын
What if i told you that some people dont buy watches because of their resale value? If you enjoy wearing Omega then buy it
@nick5176 Жыл бұрын
Reseller pushing a reseller brand… I own 3 Omega watches, I love them for what they are not what they’re worth - saying that none of them are at a 50% loss.
@BruBish Жыл бұрын
What nonsense. I own both brands. I can tell you now, Omega build quality is no difference to Rolex. Rolex has an allure from a desirability POV, but I don't own Omega because I didn't want to deal with Rolex. I own Omega because I love the watches. Moral of the story is, buy what you love. Will you lose some purchase value on Omega? Yes. Will it hurt you? No. Change your mindset. You didn't need the money in the bank, that's why you swapped it for a watch. You get to own this incredible thing that you love. Should you need to raise some quick cash for whatever reason, you can easily sell it. Just buy what you love to look at, buy what you enjoy wearing. If NASA trust Omega for build quality, so do I
@iaido01 Жыл бұрын
Same here. Only watch dealers are saying this crap. Every watch MAKER!! Will tell you a different story
@dpayne8611 Жыл бұрын
I sold my Rolex lost 40% and bought a Omega. Imo it feel way better overall. Aint no way Omega has worse quality
@swampscott2670 Жыл бұрын
Don’t take advice from anyone who pronounces it “Omeegah”. And yes, I like both brands.
@mojbr704 Жыл бұрын
I say omega 🥲🥲 but most people say O MEEGA
@cecaju951611 ай бұрын
So don’t take advice from English speakers from outside North America?
@kevinl6231 Жыл бұрын
Honestly, I think Omega makes the better watch, having owned both Rolex and Omega. This is coming from a person who owns both. You can buy used or gray Omegas for considerably less.
@terryl7749 Жыл бұрын
Baloney. What makes an Omega better? Accuracy, robustness, marketing or prestige? I've also owned both but I always gravitate to wearing my Rolexes. The Omega has become a symbol of rebellion against Rolex and I don't want to associate myself with a bunch of haters with some sort of inferiority complex
@Ferreiraplumbing20 Жыл бұрын
@@terryl7749didn’t Rolex steal omegas Daytona design ? I’m pretty sure omega was the original creator of one of Rolex’s top seller ?
@nathancrittenden8525 Жыл бұрын
@@terryl7749but you do want to associate with the absolute helmets and idiot social media influencers lapping them up only buying them because it says rolex and know nothing more about the watch. At least omega owners are knowledgable about watches and havent bought them just for the flex
@berkeliumk Жыл бұрын
@@terryl7749 Some people are just insecure. They need the "brand" to feel better
@hugohernandez365111 ай бұрын
@@terryl7749Amen! I have been the happy owner of Omega watches for a while. With that being said, Omega's fanboys are the worst...some have never owned an Omega watch in first place...🤣. I also have Rolex in my collection. Those are the ones that will go to my kids one day.
@davidwane Жыл бұрын
I have no loyalty to any watch brand and can respect all brands. But the omega speedmaster is a very special watch in my eyes.
@IngoZelaskowski Жыл бұрын
Everything he said in this vid is wrong. Buy a watch to wear it, not as investment. That Rolex-bubble will blow up sooner or later.
@peakrider4886 Жыл бұрын
And how much does a Porsche or Ferrari or Bentley loose as soon as it’s driven out the showroom. Buy the watch you love. Unless you’re a greedy flipper then you can p*SS off.
@MrAndyp72 Жыл бұрын
I buy watches to wear and enjoy not make money on them
@valentinomc Жыл бұрын
I do understand backing up Rolex because you need to pay your bills. Honestly, the design and build quality aren't that much different from each other.
@methshin1 Жыл бұрын
Had me until you said Rolex had superior build quality.
@drdesign6886 Жыл бұрын
Yes because buying a watch is mainly about how much you can then sell it for.
@YouTubeID4043 ай бұрын
First mistake: Buying a watch to make money.
@duellinkskogdecks6089 Жыл бұрын
That is why never never never listen to watch dealers. Buy a watch you want to wear not as an investment
@duellinkskogdecks6089 Жыл бұрын
Client is wrong in the first place buying a watch because of its value retention. You buy a watch you want to wear. Ot doesn't matter if it's omega or rolex
@chrislim7976 Жыл бұрын
I don't understand the appeal of Rolex. My grandfather wore Rolex 35 years ago but these days it's become this crass, sketchy brand admired by people who act like Rolex is the only luxury watch.
@jamesfreeman7954 Жыл бұрын
Rolex shortage got me into Grand Seiko, and IWC.
@JammyDodger45 Жыл бұрын
You don't lose money on a watch if you're never going to sell it. I've got 2 proper vintage watches: my grandfather's RAF issue WW2 Aircrew Omega and a Seamaster from my year of birth (1970) Added to that is a Seamaster I bought myself for my 30th which is very nearly vintage too. I'd never ever sell any of them (and there isn't enough £ in the world to buy my Grandfather's watch off me) so I've neither lost or made anything on any of them. My daily watch is the beautifully understated Explorer (after a very brief and foolish dalliance with a Skydweller) and I'm just about to buy a Grand Seiko from their Heritage range as I fancy something no one will recognise or appreciate unless they're a watch person. If I only bought for profit I'd have never got to enjoy any of them 🤷🏻♂️
@smokee3820 Жыл бұрын
Him saying the Rolex has worlds apart better build quality than the Omega seamaster is bollocks 😂 I bought my omega seamaster last year for £3.8k brand new from a grey dealer with 5 years omega warranty. It's now selling for £5.5k brand ne, s I doubt i will make a loss if i was to sel, but i love this watch, so I will never sell it unless Omega releases a better version of the Seamaster.
@BennyLlama Жыл бұрын
People need to stop buying watches as investments. I hope you and every one of your clients loses money on their watches. You're damaging the industry for pure greed
@chrilleRR1358 ай бұрын
If u want a watch buy omega.. if u want a brand buy rolex, but investment.. buy stocks instead..
@ryanfiser157111 ай бұрын
Spoken like a true dealer. I didn’t buy my Omega Globemaster thinking about resale. I bought it because it’s beautiful, unique and has incredible quality. And I’d still buy an Omega over a Rolex.
@tacuazinfulАй бұрын
The mindset of this dude is just bananas
@dellwright1407 Жыл бұрын
Why pay over retail for a Rolex... its total BS. F the flippers and the grey market.
@MrCate1999 Жыл бұрын
If you are buying for investment, on a watch that loses 3-12 seconds a day, then Rolex. If you are buying for wrist candy that will not break the bank , then Omega is the way to go. Watches are jewelry not time pieces nowadays.
@davidcunningham7330 Жыл бұрын
What happened to just, JUST buying a watch because you LIKE the way it looks on your wrist? Sheesh - buy for enjoyment.
@danielbarron653911 ай бұрын
You know what I agree with him people please keep buying Rolex and making their price go up, it just means I get to buy omega at MSRP or cheaper in the grey market because people are too focused on Rolex to realize omega makes just as good watches. So I get to enjoy the quality of Rolex (or even better at times) at an affordable price and without having to join waitlist or over pay
@DWilliam1 Жыл бұрын
I’ve been collecting watches for almost 40 years and the current insanity of used Rolex or Gray Market Rolex selling for double and triple the MSRP is unsustainable. Watches were never meant to be “investments”(unless sentimental or family heirlooms) and might appreciate over a generation but not the way they are being traded now, like a stock option or a derivative. It’s a shame that a group of people driven by money have been able to manipulate the market and drive the narrative because people are missing out on the beauty and fun of horology. To sum it up, you should buy what you like and not be worried about making a buck.
@frankhujsa8212 ай бұрын
If you want to buy a watch, get an Omega. If you want to buy a brand, get a Rolex.
@ajay084111 ай бұрын
These men do not appreciate the beauty of watch making and treat it as a greedy investment. These videos should be a separate category. Why this is in my feed I have no idea.
@theelherbeeno5142 Жыл бұрын
Just Pay that extra 5,7, 10 thousand more.
@Jaxon-r3u2 ай бұрын
Wny would u buy watch as a investment? I buy omega cause i like them.
@abcdLeeXY11 ай бұрын
He’s right about the quality being another level, Omega is the winner.
@Marrakesh94011 ай бұрын
Unsubscribed because of this BS post trying to bring Omega down in a clear attempt to upsell Rolex. Definitely not a watch collector, just a watch dealer trying to earn his keep (nothing wrong with that, but don't lie about build quality).
@littlekid9019 Жыл бұрын
I’ve had my omega for years and it works perfectly. Omega is the exact opposite of what this guy is saying. Talking about losing money buy a 7k used Rolex for 15k from this guy lol
@Cobra83. Жыл бұрын
I brought my 2008 007 seamaster for 1.9k & now its up retail at around 5-5.5k. Not a bad deal. Even though i will never sell it. I love it.
@thehonestwatchdealer Жыл бұрын
Excellent price you bought it in at! 👌🏻 Stunning watch, glad to hear you are going to keep it 🙌
@frankhujsa8212 ай бұрын
Surprisingly, it appears that many people are unpersuaded by this straw man sales pitch.
@pauloconnor5101 Жыл бұрын
They can't be arsed to stay in a fake waiting list.
@araratapelian32575 ай бұрын
1. Never buy a watch as an investment. Even Rolex. 2. If you’re an end consumer and buying a watch from a gray market dealer specifically Rolex that you’ve probably paid over retail, you’re almost 9 times out of 10 gonna loose money. 3. Ok, so if Omega looses value then buy preowned and save yourself the 30-40% discount. End of the day buy what you like. Watches are made to be enjoyed and passed down. Not an investment.
@SuperSnakePlissken2 ай бұрын
People who want a quality watch for an excellent price that want to wear it every day by omega. That’s me. People who want to look rich and be nagged by people asking if it’s real buy a Rolex.
@ztunelover Жыл бұрын
Buy the one that captures your heart
@thehonestwatchdealer Жыл бұрын
💯
@frankpalfreyman8183 Жыл бұрын
I love my omega seamaster automatic 300.dive watch and would never sell it
@thehonestwatchdealer Жыл бұрын
That’s a very nice watch, keep hold of that one 👌🏻
@dhruvalbhansali3632 Жыл бұрын
IMO, neither Rolex nor omega are good for investment currently. If you can buy Rolex from AD then sure that can be an investment piece but if you can't (literally story for 99.99% people), you are paying a premium which you have no guarantee you will get back on resell a few years later.
@Mr-Merchant.11 ай бұрын
Omega collectors are normally smart buyers, buying used, grey market (when the price is right), neon vintage and vintage. I don’t see to many guys buying an Omega at retail to sell it to a dealer for 1/3 the retail price. Watch guys buying retail Omegas have no plans on selling. But he is the honest watch dealer……
@galaman12001 Жыл бұрын
I own both Rolex and Omega watches, among other brands, not lookin to sell any of them because I actually love wearing them, that’s why I bought them in the first place.
@JohnBuckmaster-sw3wm Жыл бұрын
The thing is… Just like with my Rolex’s my omega watches are intended to be permanent additions to my collection… So the resale doesn’t mean much… I did sell a submariner after only having it for three years… It was in very good condition… Not mint, but close… are the best offer I could find still had me losing 3400 bucks off the retail price that I paid of $10,400… so not exactly value retention as far as I’m concerned
@thehonestwatchdealer Жыл бұрын
Ah thats a shame you took such a big hit, long term they should hold their value really well. But yes can't go wrong with Omega either as additions to your collection 👌
@user-cf2px2ko8y11 ай бұрын
Omegas are like cars... the moment it leaves the dealer it depreciates 40% 😅
@thehonestwatchdealer11 ай бұрын
Unfortunately that is the case!
@stickmanbw Жыл бұрын
LOL, you buy the watch because you want it not for resell.
@Watchmeifyoucan Жыл бұрын
Not entirely true - the build quality of Omega and Rolex are pretty much the same :)
@kaunas888 Жыл бұрын
The problem is that normal folks cannot actually buy Rolex watches new from the store. They simply are not available. Omega watches are actually available now in the store. Imagine that!
@AlbeeBarrett Жыл бұрын
Watches aren’t just about value retention, if you think they are then you’re not a watch enthusiast👍
@bobhob35 Жыл бұрын
I can see the Omega fanboys have arrived to fight the Rolex fanboys😂
@MrCate1999 Жыл бұрын
I am here Sir! Omega fanboy on this thread
@bobhob35 Жыл бұрын
@@MrCate1999 Good to meet you Sir. Would you care to explain to everyone in the Rolex fan club how the Omega Seamaster 300 is superior in every way to the Rolex Submariner whilst having a lower RRP and excellent availability in AD’s; and that Omega resale value are irrelevant because not even wild beasts could drag you away from your Omega let alone entertain the idea of selling it. 😂
@sebastiangonzalezgonzalez2183 Жыл бұрын
I I disagree. I buy an Omega because it's better than Rolex I don't buy them for investements
@skyworks1621 Жыл бұрын
Same story all the time, which is better. So I have both, I wear Omega 80 % of the time. It is a bit more vibrant design. I love both, who cares about the price, I wear the watch. I trade stocks not watches. Others are just pussy... who are affraid to lose 1,2 k....
@barrondeville1866 Жыл бұрын
Since when is there an honest salesman, he is going to point you in the direction that makes him the most profit or commission.
@NJ87-9011 ай бұрын
I own x3 Omega watches & couldn’t care less about there current market value as I’m in no way thinking of selling then! I display them proudly in an old dentist glass cabinet & they’ll be passed on when I’m gone. If you buy something you like just wear it & enjoy it..🐬
@thehonestwatchdealer11 ай бұрын
Amazing way to look at it mate! Buy to wear and enjoy 👌🏻🙏
@Odat6 ай бұрын
What he is saying is 100% correct. Don’t blame him. Some just don’t like to hear it.
@thehonestwatchdealer6 ай бұрын
👌🏻🙏
@costapapas8515 Жыл бұрын
Agreed with video until it’s mentioned Rolex build Quality is far superior….
@austinlaudry83356 күн бұрын
Talking about an extra $5k-10k like it’s just upgrading to a large meal is crazy.
@jumboJetPilot Жыл бұрын
The key is - never buy a watch based on speculative value. Buy it because you want to wear it, love how it looks, enjoy its quirks, etc.
@dannysimenauer57454 ай бұрын
Charlie, I have to respectively disagree with your opinion. I am talking from experience buying several Omega watches. You are correct that if you buy an Omega from an AD, you may be able to get a 10% discount, but still lose money IF you plan on reselling it in the near future. However, if you shop on the grey market and buy the Omega at a 20%+ discount, then your watch will not lose a great amount of value. Of course if you wear and keep your Omega then it does not matter. Watches are not investments, so if I take the savings from buying an Omega over an equivalent Rolex, I can invest the savings and smile all the way to the bank while WEARING my Omega.
@thehonestwatchdealer4 ай бұрын
Ah yes absolutely, they are incredible timepieces, if you are going for these it’s definitely best advised to go on the secondary market to save some money. Like you say if it’s to buy, wear and enjoy it doesn’t matter as much in the long run 👌🏻
@VibrantMango3 ай бұрын
I have three current gen Rolex sports model and three current reference Omega sports models as well. Stylistically they are different, however, I don’t see any massive differences in build quality.
@maromorostar66212 ай бұрын
I don't know, but my personal opinion if i could only chose one watch i would only wear a Omega Speedmaster. When i wear it, i get such a great feeling. And im talking about the newest version sapphire sandwich. I got one this year. It's a high quality watch, and it only gain 1-2 sec a day, and with the hack option it's just superb. Love watching the movement in the back, just feels like a watch worth way more than the asking price when going into details. Loving also its a mechanical movement, the more i wind it the more i connect to it. I really think it's one of the best watches out there, and for the price it's the best. Even with the price gone up, i think you get alot of watch for that money you pay. A Speedmaster Moonwatch is for enjoyment, creating a stronger bond with it everyday, it becomes like a part of your life, when you wear another watch you feel something is missing. Its not like a Rolex you buy for prestige and investment purposes. When you buy a Speedmaster is because you will carry this watch for life, it's not for sale its for you. I love that it goes under the radar, it doesn't create to much attention, making it also a great travel piece when you go to high risk areas. Because if you don't know the model, it just look like a nice ordinary sportwatch. People that knows it spot it from far. Most ordinary people don't. Rolex are very flashy everyone knows their body and from far can see its a Rolex. I don't like that. I like to enjoy my watch for myself. Its only important for me that i myself know that im wearing a nice watch with a high quality movement. And that i love everything about it. I dont need to many eyes on me. After a while with the Speedmaster you really understand why it has such a huge fanbase. It's just simply exceptional. The Speedmaster is the one to get from this brand, just my personal opinion. Dont really care about other watches from Omega or any other brands. I actually got rid of almot all my watches i only have 3 and i only use the Speedmaster. It just hit the spot for me. It also goes wth any strap you put on it. Amazing amazing watch.
@zsb7072 ай бұрын
If I loved watches, I'd definitely buy a Rolex. As I only like watches, I won't ever go over the €5,000 limit per timepiece, therefore I'll never own a Rolex. But I do enjoy my 2017 SMPc and Carrera Heuer 01. Excellent watches and no loss on them either.
@righttothepoint88339 ай бұрын
'Build quality and design are two different levels' - I agree, omega are superior
@brianfleischmann4410 Жыл бұрын
I love my Omega. But I will own a Rolex and keep both one day
@kaunas888 Жыл бұрын
Sounds that it is better to buy a used Omega which is double savings. Cheaper to buy new...and even cheaper to buy used.
@michaeldemarco8996 ай бұрын
This is actually very correct. I learned my lesson with Tudor watches and the same issue! If you are buying anything other than a Rolex make sure that you get a big discount off retail or just buy it second hand! I lost 30 percent when I traded my Tudors for a Rolex DJ41
@thehonestwatchdealer6 ай бұрын
Thanks for watching Michael, unfortunately this is the case for a lot brands - definitely ask for a discount from the AD if you can! 👌
@michaeldemarco8996 ай бұрын
@@thehonestwatchdealer agreed I just got a gmt root beer yesterday from AD I am thrilled
@thehonestwatchdealer6 ай бұрын
@@michaeldemarco899 Congratulations mate such a stunning model! Enjoy it 🙏
@stevenfoleyuk9404 Жыл бұрын
No watch should be purchased as an investment . They are made to be worn and they will lose Money . These grey Market watch dealers have safe’s full of Rolex watches . They will soon be flooding the Market with these watches . Invest in Gold not a Gold watch
@GP-fm8tq4 ай бұрын
i prefer omega overall. more modern innovation and yes better prices. sure they depreciate in value most of the time, but thats fine, thats how i was able to buy mine. i dont care about its market value, only the value i give it.
@thehonestwatchdealer4 ай бұрын
They are a great brand if you plan on wearing and enjoying them 👌🏻 Take for watching!
@ajmontesa4 ай бұрын
FACTS: 1. Omega has a superior movement. 2. Omega has more heritage 3. Rolex retains value, based on perception 4. Quality between the two brands is negligible. 5. Only stainless Rolexes show long-term investment potential. Gold models depreciate like a mattress.
@jbg95952 ай бұрын
Omega always tries to compete with Rolex but never comes close
@lukew2194 Жыл бұрын
I rather buy a Rolex and shit my pants every time it gets a scratch, put it in a bank safe and never enjoy.
@melbaldwin3805 Жыл бұрын
I really appreciate this channel. There is always a lot of useful insight into the watch world, but I have both Rolex and Omega in my collection. I love that both brands exist. I think they both bring their own unique qualities to the table, but it is a hard sell to convince me that Rolex has a stronger build quality than Omega. It is true that Rolex will hold its value and is a much better investment, but I collect watches for the love of them. It has never been transactional for me. Each of my time pieces tells a story and represents a significant moment in my life. I buy them to enjoy them and one day pass down to my kids. It’s never been about turning a profit.
@ohkayw Жыл бұрын
Watch dealers r just as a scam as shoe resellers
@jcmuscle1233 ай бұрын
Watches are not an investment, they’re an expense , the problem with omega is the price but there’s no problem with Rolex asking form more ?
@tarzbaow Жыл бұрын
It is not comparable to Rolex of course, but a lot Omega actually keep or even inscrease their value. And you can actually wear the thing without risking your arm
@4liter2 ай бұрын
It’s pretty simple… Rolex: buy new Omega: buy used
@erif-gd4ci Жыл бұрын
I own both. Have never had a problem with either. My omega needed repairs after water damadge. The warranty covered the cost. I like both for different reasons
@ggavin9934 Жыл бұрын
If you buy a watch as an investment, you don't NEED a watch.
@finnellwilliam Жыл бұрын
Yes, except trying to go to an omega store and buying a watch. I can actually leave with a watch versus going to a Rolex store. I have to suck up to the sales associate wait two years and maybe get the watch I want but probably not that’s nuts. Versus like I’ve said before when I went to omega got treated very well wasn’t a T-shirt and sweatpants and bought a $5600 watch and super happy
@briane11162 ай бұрын
Two different build qualities” is not true. Rolex and Omega often get mentioned together because they’re so similar. Rolex has a superior reputation right now, but it hasn’t always been that way. And for a long time, Omega was actually the top dog. I’d argue Omega uses superior movements and are often built “tougher” while Rolex movements are still amazing but the watches themselves are built more so with elegance in mind.
@joeygemal55046 ай бұрын
This entire thread of comments looks like a bunch of people who weren’t able to get a Rolex and are now hating on the brand. Clearly Rolex is the better quality watch. I own both and the Rolex has a a better build quality no question