Grey Market Dealers Must Pay!

Grey Market Dealers Must Pay! | CRM Life E57

Рет қаралды 116,127

2 жыл бұрын

Why do some people wish others harm? Why all the hate? Welcome to CRM Life episode 57, where a family of Cuban immigrants tries to survive in the grey market watch and jewelry industry yet one more week!
On the last episode, we discussed that luxury watches were in a correction that could eventually turn into a market crash. Nothing has really changed during this episode, just a lot more red! We also got our share of hateful comments, people calling for an end to grey market dealers and investors who have been buying high end watches above retail prices (which is the majority of the collectors and enthusiasts who have purchased popular models from Rolex, Patek Philippe, and other top Swiss watch brands in the last 3 years).
Lots of people are reluctant to admit that the greatest printing of money in human history, which also took place in the last few years, is the main culprit behind this hyper-inflationary death spiral. To them, we're (the gray market dealers) are the ones to blame. Without us, watches would still be affordable!
But do we really deserve all the hate! We read you some of the comments we've received since the last episode and discuss them and the entire market situation on camera.
Despite the hate and dropping prices, we're extremely blessed. Supportive fans continued to show up from different corners of the globe to show their support and spend time with us.
We also got to celebrate the college graduation of Sophia, Dan's daughter, who we hope one day can become CRM Jewelers' head counsel! In the crazy world we're living, we're definitely going to need her legal services!
Another reason to celebrate is the birth of Watch Jenny's baby boy, Kelvin. Some emotional parts (including Betty), but that's life. During CRM Life, you get to share all these moments with us, from the successes to the difficult times. This is a transparent portal to our lives!
Let us know what you think of this episode and of the market in general in a comment below.
Also, please suggest what topics you would like to see in future episodes of CRM Life. Stay blessed!
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Пікірлер: 817

@magicmike7198 2 жыл бұрын

The watches are beautiful, the family is resplendent, the store has never been so beautiful... and the Batman frame is back!!!! Hooray! It's CRM time! For me, that Batman frame is meaningful cause it's the thing I immediately associated with CRM the first few times I watched the videos. Carlos, I'm happy to see it behind you again, where it should always be. like a watchful guardian.... I tell ya, it's been a tough few days for the watch world. Negativity on top of negativity. If you follow the other channels, the various competitors and other commentators, (the comuuuuunity as some people like to call it), the bickering has been intertwined with misunderstandings and other disputes. God it's good to find CRM again! The positive and inspiring Fridays of Carlos and his family have never been so necessary. I'll say it again: CRM MUST be the light. The standard to follow. The leader of the pack. A breath of fresh air in all this demotivating hubbub. If our soul is injured, CRM is the perfect bandage. Again this week, the grace of the Gods touches our favorite family and warms our hearts. The customers are happy, some even going so far as to offer a moving gift. And the brief segment on betty's tears of pride reminds us that what matters most is and always will be family. The conclusion of this video where you read the bad comments could have worried me but I forgot something: Dan is here. This outstanding leader is in perfect control, as always. He will never let this miserable negativity reach CRM. This quiet leader is at the helm, which should reassure anyone that this beloved family business will always be ready. For the good of the commuuuuunity, lets all wish every day was Friday. Lets all wish everyday was CRM day.

@Crmjewelers 2 жыл бұрын

Thank you so much for your inspiring weekly comment my friend. This time, KZfaq decided to put it in the spam box once more. When will they learn!? Have an amazingly blessed week with your family and we'll see you again on Friday! 🙏

@magicmike7198 2 жыл бұрын

@@Crmjewelers Well anyways... At least, you know about it. So i'm reassured. But still... It is as if the forces of Evil are trying to keep me away from you. All i want is to be able to sing your praises. Your channel is so important. Not just for the watch community but just in general. You guys (and girls) are an example to follow. If the Gods have shaped an ideal of success, you are definitely part of the divine recipe. CRM forever!

@Crmjewelers 2 жыл бұрын

🙏

@88MetalMania Жыл бұрын

@@Crmjewelers Well, people would spend their 70K cause its an "investment" Also, a big difference from a "luxury" item to an "investment". Great video, love the hustle.

@majedalessa8376 2 жыл бұрын

Last week episode was all about falling Rolex prices yet this week a 41MM Sub date is offered by Carlos at $19k, a ND Sub for $17k, and a Hulk for $32k these prices are on the higher end of spectrum even when the market was at its peak few months ago!

@closer71 2 жыл бұрын

Wasn't the guy also saying that the prices were "up" for months but he never actually SOLD any at those prices? So we see lower prices now because these things started hitting a ceiling. And we're still at the peak in prices. It will pull back more, too. But what good is a pullback really? Kinda stupid to be rooting for one anyway... "Oh, gee wiz! The $50,000 watch that I have always wanted has dropped from $250,000 to only $175,000! What a deal! That's so much better!" Ha! Ha! Ha!

@Crackity_Jones. 2 жыл бұрын

That guy on the first phone call is either a complete fraud or totally clueless. Carlos has the patience of a Saint

@Crmjewelers 2 жыл бұрын

LOL, true. Every once in a while, we get a scam call like that.

@chrmez 2 жыл бұрын

Audemeer Piajeet

@zelouras 2 жыл бұрын

Whats the doubt? FRAUD. 5 minutes in its obvious

@28Rolex28 2 жыл бұрын

@@chrmez lmao

@FootballPicante 2 жыл бұрын

I’m sure he would give you fake euro in cash 🤣🙈 smart choice from CRM they not going to travel for shit 😂

@PaulThorpeOfficial 2 жыл бұрын

Hey Carlos, love from the UK

@Crmjewelers 2 жыл бұрын

Much love from Miami my friend. Thanks for stopping by! 🙏

@BigOD77 2 жыл бұрын

I was in Miami this past weekend and had planned on stopping by the store to meet the CRM familia but unfortunately, I sprained my foot on Saturday and became immobile. I drove by the store on Friday night to see the location and was excited to go in on Monday, but my injury prohibited a visit. I’m bummed out about that so I’ll just have to continue enjoying the channel online instead. 😔

@auxmike718 2 жыл бұрын

Part of the problem is a watch has now been considered an investment like stocks. They were never designed to be that way! People who don’t like or care about watches are buying thinking they will get rich☹️

@Crmjewelers 2 жыл бұрын

I hear you Mike and agree that they weren't originally designed to be investments, but the same holds true for a lot of collectibles. Original intent does not go in the same direction as demand sometimes. In the last few years, speculation in watches has been rampant, but even during the years and decades before, certain models do appreciate over time, sometimes attractively. This naturally makes watches a great collectible for a lot of people.

@gavinmata70 2 жыл бұрын

Same thing as art they weren’t meant to be sold to the highest bidder but they are we put value on things that just life period

@hml2375 2 жыл бұрын

Man I love this family, you guys are inspiring! I hope God multiples your blessings and success! I always pass by the store when I’m around downtown MIA.

@Crmjewelers 2 жыл бұрын

Thank you so much Miguel. We're blessed to have clients like you.

@dannysimenauer5745 2 жыл бұрын

The call representing the client from Spain sounds totally fraudulent. If I wanted to buy $1 million of watches, I am showing up in person. Plus Miami is a tourist destination city all over the world. Carlos was polite & professional, the guy on the phone thought he was dealing with a novice.

@Crmjewelers 2 жыл бұрын

Yes Danny, totally fraudulent. The guy probably wanted to harvest Carlos' organs.

@jonathanp7504 2 жыл бұрын

He sounded serious, at the same time it sounded like his clients got some funny money.

@panydavid 2 жыл бұрын

His client couldn't get through immigration check, probably wanted is a few countries that's why lol

@mathewmcdonald3657 2 жыл бұрын

He could go to Switzerland and buy them directly from the manufacturer easier than going to Miami.

@TwoTimez021 2 жыл бұрын

My industry the Cannabis Industry has been going thru the same BS. Covid surged prices and demand to 3k a pacc, everyone rushed to enter or expand and shit crashed to 1k a pacc with overproduction everywhere. No end in sight and uncertainty. Hopefully things will change

@Crmjewelers 2 жыл бұрын

I pray that you'll see a recovery soon man. 🙏

@gniffub 2 жыл бұрын

Hahah cool to see myself in the video! We are safely back in The Netherlands. Was great to see you guys in person and Charlie, you are awesome man taking so much time for us and getting coffee! We had a great experience, everybody was so friendly. Thanks again!

@Crmjewelers 2 жыл бұрын

You're welcome my friend. It was great having your guys over and meeting you in person. 👍👍🙏

@kyle81426 2 жыл бұрын

Another great video. Really appreciated the talk at the end I feel like a lot of people make comments without understanding how the business works. Keep up the great work/content and I truly look forward to doing business one day. Great job Willy really explaining and dropping so much Knowledge for the people to understand the big picture. Mad love from Cali CRM family have a great weekend. #CRMLIFE

@Crmjewelers 2 жыл бұрын

Thank you Kyle for your support. Really inspiring feedback for us! Have an amazingly blessed weekend as well!

@UAE-VIP 2 жыл бұрын

You guys have all been very transparent from day one, I’m 100% sure you’re gonna be here for the long run. This is the family bread and butter.

@Crmjewelers 2 жыл бұрын

Thank you my friend. That's how we plan to keep it! 🙏

@ALEXGIBSONCMG 2 жыл бұрын

They're like the family Madrigal of watches, but cuban instead of Colombian, each of them has a gift ^=^

@Crmjewelers 2 жыл бұрын

🙏

@Sasripper 2 жыл бұрын

What a lot of people don't realize is watches are 'assets' like cars, crypto, property, stocks. With the largest affecting the smallest, stocks and property shot through the roof in 20/21. Now they are all correcting so those wishing for a crash are actually wishing for a recession. On the other hand, I do disagree with how Authorized Dealers in both the car and watch world are behaving; 'buy these 3 things you don't want and you might get one you want.' They should just simply auction them off for 'market price' which would generate more cash and be fairer however that is unlikely as breaks this 'hype' marketing trend. On the grey market adding liquidity, yes it does however many dealers/collectors do try to corner the market to drive up prices in certain pieces, FP Journes being a current example as there's so little liquidity.

@Crmjewelers 2 жыл бұрын

Agree with everything you said. You make great points. Cornering the market, however, is as old as time and participants always try to do it when the liquidity of the underlying instruments is relatively low (like watches).

@ALEXGIBSONCMG 2 жыл бұрын

@@Crmjewelers frankly i have more of a problem with ADs doing this, what i call stack selling pieces, but sometimes you've gotta get rid of stale stock, bundling i think is better means of handling it, it achieves the same goal, but you aren't creating hurdles, making the customer wait, they just grab the cluster all at once. Many times you have to buy one, wear it for some months or whatever, take pictures, yada yada, theeeeen you get the one you were after and that's dumb to me, i get why they do it, but its like cutting off your nose to spite your face.

@amc599 2 жыл бұрын

Calling cars an asset is wild

@Sasripper 2 жыл бұрын

@@amc599 never heard of Classics?

@amc599 2 жыл бұрын

@@Sasripper ye like 0.00001% of cars are assets or investments. Generally cars are the total opposite.

@scottlevin1695 2 жыл бұрын

You all are the BEST!!! I love watching your videos with my wife... and after this one was over... we wanted more CRM!!! God Bless you all!!!

@Crmjewelers 2 жыл бұрын

Thank you Scott. Have a blessed weekend. 🙏

@peanutbutter5276 2 жыл бұрын

I love your response to TPG and think you guys handled it very well. You guys are a lot better than that company and no one should be wishing hard on anyone. You guys have been 💯 since day one and it sucks that at some point there will be a correction but it seems like you guys are ready and will react accordingly. Only love from me.

@Crmjewelers 2 жыл бұрын

Thanks man. Your words of encouragement mean a lot. Through our family we'll weather the storm!

@DL-fh1wg 2 жыл бұрын

First phone call is a fraud.

@peanutbutter5276 2 жыл бұрын

@@DL-fh1wg of course? lol

@michaeldongottilocklear1192 2 жыл бұрын

Time piece WHO 😆

@peanutbutter5276 2 жыл бұрын

@@michaeldongottilocklear1192 lol seriously. Thank god he is gone.

@simonostinelli493 2 жыл бұрын

I loved that the fella giving the coin with his family crest feels that strongly about doing business with you guys at CRM he gave you that! It seems like people come to the shop to meet the CRM family and it's seems like there always welcomed even if there not spending a million. I can't wait to come and visit you all!!!

@Crmjewelers 2 жыл бұрын

Thank you Simon. Looking forward to your visit. 🙏

@ML-rn9gb 2 жыл бұрын

No one is being forced to pay over retail prices in any branche..... It's the buyer"s decision, so never ever blame the seller! I bought my house of which increased more than 40% in nearly 15 years, that's the market in property.... My Daytona went up 7 times from my purchase price at AD , yes I was lucky at that time to buy it . The market today is that you nearly can find a Rolex ,Ap , P F etc. at the AD Again...... It's the buyer who decides ..... not the seller! Great content on your channel , love to watch it every episode. Stay healthy and wish you good sales in a up or low market! All the best from The Netherlands.

@Crmjewelers 2 жыл бұрын

Thank you so much for your support my friend. 🙏🙇

@SpicymeatbaII 2 жыл бұрын

Such an awesome experience going to your store!!! Y’all are so awesome!! Thanks for putting me in the video! So cool can’t wait to visit again with some spending money

@Crmjewelers 2 жыл бұрын

Thank you Joey for stopping by. It was awesome meeting you in person. Whenever you want to stop by again, we'll be here, whether it's to buy or just to shake hands and have some Cuban coffee! 🙏

@15654lawol 2 жыл бұрын

Congratulations Betty what a lovely sweet addition to the family :). Love the haircut Charlie, did u ever consider making some small notebooks with your logo on to match the wallets ? with maybe a small pen/pencil fixed on the side :) just a thought. ! I think its quite sad really that people feel the need to be so hateful on line and hoping for ruin for the grey market businesses, there is enough misery and strife in this world at the moment without wishing for more. Your channel is a shining light amongst these dark hearts .. Much love from London UK x

@Crmjewelers 2 жыл бұрын

Thank you my friend. Much love from all of us in Miami. The notebook idea is really good. 👌

@IMlag93 2 жыл бұрын

Congratulation all with the newborn family member and Sophia with your graduation! Great statement about TPG/AF and very good subject in the end guys. Hopefully some people will now understand how supply and demand works. All the best!

@Crmjewelers 2 жыл бұрын

🙏

@arlopoetiray5534 2 жыл бұрын

Love your youtube channel…great insights about luxury watches in general…wonderful family you have Carlos…more success to come 😍👍🏻👋🏻👋🏻👋🏻

@Crmjewelers 2 жыл бұрын

Thank you so much for your support and kind words Arlo!

@pascalthebarber 2 жыл бұрын

CRM Family please continue the way you are guys. It’s always a pleasure to watch your episodes on a weekly base. All the best from Germany 🇩🇪

@Crmjewelers 2 жыл бұрын

Thank you my friend. Much love from Miami. 🙏

@pascalthebarber 2 жыл бұрын

@@Crmjewelers You more then welcome. Will definitely visit you guys when I will come to Florida some day 🙏🏻

@Aaron-fb1pq 2 жыл бұрын

CRM family I just started watching your videos a couple weeks ago, don't worry that some person who is just angry with their own lives is taking it out on you. You guys are a prime example of the American dream, don't let anyone tell you otherwise!

@Crmjewelers 2 жыл бұрын

Thank you Aaron. Really appreciate your family's support. 🙏

@bigoldoinks3722 2 жыл бұрын

good luck on everything! im dutch aswell so to see some dutchies in the store is a good motivation :) id like to pop by one day too.. been following for a couple years now i think :) have a great week! and much congrats on the new little one ;D.. think this is the first time i saw betty cry..lucky for us it was a happy cry

@Crmjewelers 2 жыл бұрын

🙏

@DnyLcy0930 Жыл бұрын

Aloha Carlos/Charlie and the CRM Family🤙🏽 much love from Hawaii. I want to bring my family to come and visit and hopefully be a customer🤙🏽 Thankyou for being a family man role model for the Dads out there

@Crmjewelers Жыл бұрын

Thank you Daniel. Come with the fam to spend some time with us. 🙏

@Royschluep 2 жыл бұрын

Selling and reselling is as old as time. Can't afford none of the watches here ,but understand the market of suply and demand. And the demand is bigger than what the ad's can offer or produce ! Its not a crime to make money and the people that hate its jealousy. Love the show keep it up

@Crmjewelers 2 жыл бұрын

Thank you so much Roy 🙏

@nonamegarage6721 2 жыл бұрын

I hope you guys are doing yourselves a favor and blocking these users with the negative comments. Carlos and Family are class acts and take time to educate and help out everyone who comes into contact with them. Keep up the great work. Congratulations to the newest ,member of the Family and also to the newest Graduate. Thanks CRM.

@Crmjewelers 2 жыл бұрын

We do block disrespectful people all the time. Thank you for supporting us. 🙏

@pkincy 2 жыл бұрын

No hate at all from me. But it is time to be careful and keep your inventory tight and move it quickly. Many decades ago I worked for a company that made industrial products out of gold, silver, platinum and platinum group metals. When we built our first plant to produce Ford catalytic converters we built it next to a small airport in Alabama and had two Lear's that brought the platinum and palladium in each shift for that shifts production. Why? Charlie Englehard was nobodies fool and he didn't want to be sitting on an inventory of very expensive metals that could go up or go down in a heart beat. So decades before anyone thought of 'just in time' purchasing he was practicing it. I would expect this is a great time to be doing a lot of consignment business and keep the owned inventory low.

@MsGman598 2 жыл бұрын

Wow this episode has everything, Congratulations to Sophie on her graduation 🎓 👏, and new baby Kalvin future CRM employee. Dogs, food and of course coffee!! And at last I might be able to get my t-shirt 😍😍❤👍🙏 thank you for my weekly entertainment ❤💯🙏

@Crmjewelers 2 жыл бұрын

Thank you my friend for always being there for us 🙏

@GODOFLIQUOR 2 жыл бұрын

I understand why watches can sell for way over retail, but people who manipulate the market to trick people into overpaying are roaches in my eyes

@Crmjewelers 2 жыл бұрын

I agree with you man, but in every market there are manipulators when liquidity is finite, even in the stocks. It's the way of men, sadly.

@GODOFLIQUOR 2 жыл бұрын

@@Crmjewelers Very true, it’s hard to pass up on easy money not many people put their morals before their bank account. Although I’m glad watchmaking is more mainstream now

@patrickjean-philippe7679 2 жыл бұрын

I doubt that it is always necessarily easy money for the grey market dealers as the one who buy stock do take some non negligible risks as the market may remain stable, rise or drop… It’s classic business.

@lmcgbaj 2 жыл бұрын

Read my comment above please.

@closer71 2 жыл бұрын

Nobody is getting tricked, fool. That's the point. The market moves, people react, nobody is predicting the future. They pay what they perceive the watch to be worth at the time they buy it. Period.

@bigbrotherwatchesdannyboy306 2 жыл бұрын

I love the good vibes we get from this channel! Only at CRM! 🔥

@Crmjewelers 2 жыл бұрын

🙏

@JorelTennis 2 жыл бұрын

Congrats to the new member of the CRM family! I love Charlie's quote at the end. Here you guys are talking about negative comments you've been receiving, and what Charlie is thinking of is we need to be kind to each other. You never know what people are going through. Even like with his example at CVS. I can't think of one person that if you told them, thank you for your service, that wouldn't make their day. Shows what kind of a good guy Charlie is, and how all of you are. Keep on keeping on :)

@Crmjewelers 2 жыл бұрын

Thank you Jorel. Your feedback and encouragement mean a lot. 🙏

@luisaguilar3099 2 жыл бұрын

Congratulations guys you are the best, I can’t wait to visit your store and buy me a watch. Carlos you are a great leader, honest and transparent when selling each watch. Best regards to all CRM family!!!

@Crmjewelers 2 жыл бұрын

Thank you Luis! 🙏

@dannysimenauer5745 2 жыл бұрын

I like the round table discussion on the state of the watch market starting around 43:45 in this video. I don’t think the comments are serious about doing harm, but really reflect people’s frustration with the shortage of sports steel watches at the AD. There are plenty of watches to buy if you can afford the market price. Several quick observations: 1. Nobody can ever fight Mr. Market in any industry. 2. The frustration with CMR and other successful Grey market dealers is akin to the anger fans feel when their team is favored and the team loses. Their anger is taken out on the stars of the team for not winning, not the owner. 3. The frustration is caused because buying a Rolex is only for a select few at the AD. If Rolex wanted to give everyone a chance to buy its watches, it would let a customer place an order and wait until it is built at the factory, like Tesla does. This would also cut way back on one flipper getting access to many watches to flip so more customers can own the watch they want to wear at an affordable price. 4. If you listen to KZfaq videos, there are Grey market dealers hoarding hard to get pieces anticipating their prices to go up. This further chokes supply and adds to buyer’s frustration. CMR is providing a valuable service in the market place and does not deserve the hate, but CMR needs to recognize that mechanical watches should not only be for people who are rich.

@Crmjewelers 2 жыл бұрын

I agree with you wholeheartedly my friend. However, demand is difficult to control. It has driven everything out of control. It's a combination of multiple factors. No one alone can stop or start it. 🤷

@kimkruse4576 2 жыл бұрын

I already congratulated Charlie but I am doin it here as well: Little Kalvin, what a blessing 🙏🍀 I feel Happy for all of you 🥲 2nd thing: When Dan talks, you better get paper and pencil. It is the real deal 🤓 He knows what he is talkin about!!

@Crmjewelers 2 жыл бұрын

Thank you so much Kim. Your encouraging words inspire us to do better and better.

@MegaMrpip Жыл бұрын

Yes my brothers and sisters your smashing it again! That graduation was amazing and such a great achievement, she'll do you proud!... What an honour and a privilege to be given such an inspiring piece gift (Challenge Coin)... I really don't understand why so many people are hating on you, sometimes you only make a small profit and at others a loss... Jealousy is such an evil and unattractive trait! However it just goes to show your resilience and motivation to go even further in the business and show the "Haters" that they can't bring you down regardless of there dirty tricks and hateful intentions... So i commend you on your positive attitude and willingness to succeed!.... Much LOVE AND RESPECT!!! 😁👍💣💥👌❤️💯🇬🇧

@Crmjewelers Жыл бұрын

Thank you my friend. It's all good. Haters have been waiting to buy every luxury watch at the right price for the last 100 years. Thank you for supporting us. 🙏

@alistairward6607 2 жыл бұрын

Love the channel and so please to see honest family dealers. Wish I could come and see you guys. Best wishes form the uk 🇬🇧

@JHarrelson256 8 ай бұрын

CRM channel got me into watches!! Looking to make my first purchase soon hopefully. Keep up the good work. Been binge watching all old episodes since finding this channel

@Crmjewelers 8 ай бұрын

Thank you my for your support 🙏

@midwestspeed7889 2 жыл бұрын

Screw what those ppl are commenting! Everything is about supply and demand! Thats what we all do regardless what it is! Thats how u make a living and its working for u and your family! God bless u and keep on going up!

@Crmjewelers 2 жыл бұрын

🙏

@royalnavyveteran3164 2 жыл бұрын

The haters need to realise in life its all about survival, nothing in this world is free so you do what you gotta do to survive, crm do what they do through love of watches and jewellery and survival, you just know these haters are people who have never done a hard days work in their lifes and live a nice comfortable life not knowing how tough it is in the world, i respect crm, they are passionate in what they do and humble and trying to provide for their love ones as best as they can, how anybody can hate people who are grinding to survive knocks me sick, haters keep hating you definitely have nothing better to do with your lifes, CRM keep doing what you are doing because all of you are amazing and very inspirational to people who understand were you came from and to were you are at now and it just proves if you grind and grind in something you are passionate about your dreams will come true,,, love you guys from across the pond ❤️🇬🇧

@Crmjewelers 2 жыл бұрын

Thank you my friend. Much love from your entire family in Miami. 🙏

@balerionthedread4693 2 жыл бұрын

That opening call reminded me of the story that I saw somewhere -- was it Carlos or Charlie who recounted it on a past episode? -- of a lady dealer who got convinced to bring a lot of high end watches to Italy for a supposedly-wealthy collector that she had had lots of contact with. They set her up in a nice hotel, met her in a beautiful palazzo, showed off their collection, told her to leave the watches with him so he could decide which to buy... and the next day, boom, guy is gone, watches are gone, police shrug their shoulders.

@Crmjewelers 2 жыл бұрын

Damn, crazy story!

@AmunRa2024 2 жыл бұрын

That Blue P.P. with the blue leather strap is the most beautiful watch I've seen this week.

@Crmjewelers 2 жыл бұрын

👍👌

@darrylanderson6964 2 жыл бұрын

I hope & pray u keep getting more successful in your business Carlos & family good thing 2 good people Kama will catch up with them 🇬🇧

@Crmjewelers 2 жыл бұрын

Thank you so much Darryl. Really appreciate your support! 🙏

@makana63 2 жыл бұрын

Speak words of encouragement and not destruction! Compassion is a unique gift once you give it, it is always received. But if your compassion is genuine it is always felt! May the Good Lord continue to bless everyone!

@albert1137 2 жыл бұрын

loved this episode a little more than the others. Great content as always

@Crmjewelers 2 жыл бұрын

Thank you so much Albert!

@condog2967 2 жыл бұрын

I think you all do great work and you are entitled to make as much money are the market allows you to make. This is America and Carlos you and your family are the epitome of the American Dream. Keep up the good work brother. Don’t sweat the haters. God Bless.

@Crmjewelers 2 жыл бұрын

🙏

@edhammond6911 2 жыл бұрын

I don’t understand why Rolex doesn’t raise the price. But I love you guys and I’m happy that a lot of people are making money by doing good business.Great video. Charlie your hair is really looking good bro,nice fade.

@Crmjewelers 2 жыл бұрын

Historically, they have, albeit at a much slower rate. What happened during the last 3 years took even Rolex by surprise. They had never seen anything like it before, but then again, no one else had either. 🤷

@khuzram 2 жыл бұрын

Problem is if you raise the price the grey market will.have to aswell it becomes a vicious cycle

@fueljunkieracing3667 2 жыл бұрын

Haters will always hate, and remember, hate is rooted in jealousy and insecurity. The simple truth is the market always sets the price, and people ARE the market. Keep hustlin' CRM.

@Crmjewelers 2 жыл бұрын

Thank you my friend 🙏

@patrickjean-philippe7679 2 жыл бұрын

The CRM family is the best here. Being from Martinique, my father having had a boat packing up all the gang, etc... I can definitely relate to my brothers from Cuba. We had the same atmosphere at home with family, friends, food, music, rhum, smiles and fun each day. You are excellent people as well as many other watches & jewellery resellers or grey market dealers if you prefer. You are definitely not to blame trying to make a living through economic ups & downs like everyone else. People who believe the grey market dealers are to blame are wrong, things do change with ups and downs. Grey market dealers did not make the watch market but the available liquidities surplus decided by central banks, etc... very much did. Now, the massive money printing or "quantitative easing" led to humongous liquidities with virtually no tangible collateral. This excess cash liquidity meant that it has to be used / spent towards stuff, some of it goes into watches which, because of a sudden increased demand, artificially led to some popular models becoming relatively rare, again because of demand... An artificially fuelled rarity. Similarly, it propelled many other asset classes valuations to stratospheric highs. Dan pretty well knows that. So much that during that period some watches became commoditised / speculative supports, investment grade as well as a way to "park" i.e. protect one's money... All of this makes for a rather perilous proposal as it cannot be sustainable ad infinitum. Prior to this frenzy, watches, including the most popular models, were mostly consumer items with depreciation curves prior to hit the vintage category appreciation curve after some years exactly like classic and vintage cars... Classic and vintage cars also became commodities, art too, real estate too, ... it all became a business with its inherent risks. An excessive amount of money has been printed, that's it's a massive fraud by the people who decided upon it _ these people must be thrown to jail. That's pretty much the equivalent of putting free self-service cocaine stands across everywhere; people get high, soon they have become addicts. That's fine for a time, until the supply dries out... I feel that pretty soon we may all _ not grey market watches dealers but all i.e. everybody including the rancid commenters blaming you guys _ be adversely affected by a massive monetary correction / hyper-inflation or worse, devaluation. It's not grey market dealers to blame but governments and central bankers ! These racid commenters should think about their own karma... as wishing bad to others who do not harm means that one day they necessarily will get the harm...

@Crmjewelers 2 жыл бұрын

Real words of wisdom right there Patrick. Thanks for sharing them with us and our fans. I agree...we all have dark times ahead of us, unfortunately. Regardless, family will always be there to weather the storms. Would love to visit Martinique one day. 🙏

@BDC_Leo 2 жыл бұрын

This is a well structured business you guys keep up the awesome work. I would love to come get a day date presidential all gold dial. Would be able to afford it soon.

@Crmjewelers 2 жыл бұрын

👍👍

@M1256S 2 жыл бұрын

Great you keep a notebook Charlie!! I do this aswell, and helped me out so many times. It’s still a difference when you type something instead of writing. Writing really memorize it due you taking effort writing the letters instead of hitting them on your screen 😉 Those t shirts are awesome, hope one day owning one and representing you guys in the netherlands 😍

@Crmjewelers 2 жыл бұрын

Thank you so much my friend. We should have everything with the shirts ready within 1-2 weeks.

@M1256S 2 жыл бұрын

@@Crmjewelers that is awesome! Let me know if they are for sale and im going to order one! 🥰

@andybinns4993 2 жыл бұрын

Great video once again guys, and congrat`s on your new family member.

@Crmjewelers 2 жыл бұрын

🙏

@ianmedium 2 жыл бұрын

Dear Carlos, two standouts watch wise today that I would love to see follow up’s on. First, the gentleman who brought in his mothers Rolex for service and bracelet refurbishment. I would love to see the end result as for me an heirloom watch is the most valuable watch in the world, emotion and family are priceless . I was fortunate enough to nurse my mum through the last eight years of her life. When she passed her wedding ring came to me. This ring originally was my Grandmothers and the gold for it was panned for in the mountain streams of Wales in the U.K. and was then made into two rings for their wedding and the original engraving is still there, MJBD 5.5.15( my grandmothers initials and the wedding date in 1915). I have no family any more so the ring will go with me when I pass. It never leaves my finger and is the most important material thing in my life, the memories are tangible. Also, recently I was so blessed to be given a 1980’s Omega Constellation by the family of a wonderful gentleman I cared for for a number of years ( I work as a live in nurse). He. Passed just after Christmas at the grand old age of 99, I have always worked the Christmas period as the other nurse has family so was fortunate to be with him when he passed. He wore that watch every day since getting it as a retirement gift in the 80’s. The family know I love watches. It is well worn and shows that wear and age and I will wear it feeling very blessed to have known the old chap and each scratch on it means so much to me as he created them. I am always humbled by witnessing the love you all share as a family, it’s beautiful! The second thing and please excuse the long message, could you please show us more of that exquisite split seconds blue dial Patek. It is such a beautiful understated watch that I think most people would have no idea how incredibly special it is. I love watches that fly under the radar but if you know, you know! Best regards to you and the family from an Englishman living in Austria.

@Crmjewelers 2 жыл бұрын

Thank you for sharing your mother's ring story and also that of your Constellation. We're blessed to listen to both of them. Regarding the watch that the son brought in during our last episode to fix for his mother, the bracelet is beyond repair according to our watchmaker. That's unfortunate, so it's going to have to be replaced. We still want to record a separate video of the repairs and overhaul, but we're awaiting the client's instructions. Regarding the blue Patek, we featured it today briefly in an Instagram Reel. Here's the link: instagram.com/p/Cc89FDLJPuq/

@peanutbutter5276 2 жыл бұрын

That merch looks so good. You guys are top tier love the videos. Keep it up.

@Crmjewelers 2 жыл бұрын

Thank you my friend. 🙏

@randyknife5295 2 жыл бұрын

Love this channel! By far my favorite! Can’t wait to make the trip to beautiful Miami and buy my first Rolex from Charlie!

@Crmjewelers 2 жыл бұрын

Thank you so much Randy 🙏

@justinarzadon1475 2 жыл бұрын

😂. Anyone that thinks RRP is the price of something does not understand the law of supply and demand. It is basic economics and common sense. People should get educated. I started the hobby when grey-market sold at less than RRP. This is the market and it is what it is. Keep doing what you do! You guys are real and honest! BTW - I will be coming to visit you coming from Sydney. I’m in Miami from Jun 29-July 1st. See you soon! 😘

@Crmjewelers 2 жыл бұрын

Thank you so much Austin. Looking forward to your visit. 🙏

@dylancraig-darroch180 2 жыл бұрын

Supply and demand just like any other asset class, keep grinding crm!

@Crmjewelers 2 жыл бұрын

Thank you Dylan 🙏

@juancruz1728 2 жыл бұрын

Dan, you right about how the market predicts the price.Keep doing yah thing CRM. This is silly, I wouldn’t pay any mind to those awful and ridiculous comments. They obviously don’t know and there probably are looking for attention. Keep putting out that positive energy. #Bless

@Crmjewelers 2 жыл бұрын

Thank you so much Juan!

@ronbenjamin4351 Жыл бұрын

These guys writing in should stick with Invicta!!! You don’t buy a Super Car and worry about the cost of gas!!! CRM Cubano Crew keep on rocking it!!

@Crmjewelers Жыл бұрын

🙏

@MrPaulNewman 2 жыл бұрын

I could not believe the negative comments that have been posted. The venom of some people is truly Irrational. Charlie, you're spot on "be the change" you guys are the best can't wait to get over.

@Crmjewelers 2 жыл бұрын

Thank you my friend. Looking forward to your visit. 🙏

@eliastorres5626 2 жыл бұрын

Man you know there’s a bunch of hater’s out there. I like watching ur vlog cause I love watches. I don’t have money to buy any of them but I love watches. I had two old school watches and I lost everything. I was homeless with 5 kids. I’ll be happy with any alright watch. So god bless and head up forget the hater’s..

@Crmjewelers 2 жыл бұрын

🙏

@steelfan77 Жыл бұрын

The market is the customer! I agree with everything you’re saying about MSRP and market values but I know from being In the car business for 22 years none of you guys liked that for a the past 3 years dealerships had market adjustments on new cars and selling them over MSRP. How’s thar fair and what’s the difference? I want that same energy from everyone out there! God Bless

@markehooker 2 жыл бұрын

Thumbs Up #869 from NC! I wish Carlos and the whole CRM family all the success they have earned and DESERVE!

@Crmjewelers 2 жыл бұрын

🙏

@james6048 2 жыл бұрын

The conversation at the end shows your integrity and honesty.

@Crmjewelers 2 жыл бұрын

🙏

@szabib2144 2 жыл бұрын

The way this business/ family company runs is like a AP/Rolex/Patek Philippe, very smooth. An a tune up might need to be done to a person who messes up. Love your channel, besides watch repair videos. Not sure you get the joke I was trying to make but yeah you guys are killing it on the watch market, and I’ve learned more from watching from y’all than any other channels. Thanks keep up the great work. An Carlos is definitely right when you first arrive to Miami you go to the beaches but when you’re established and doing what you do you get a boat and you go off the beaches and then go find your little personal islands.

@Crmjewelers 2 жыл бұрын

Thank you my friend for all your support and words of encouragement!

@wd8557 2 жыл бұрын

I'll dumb this down for people watching so you don't have to CRM, I am actually quite good at doing this because I work with engineer's. 1. A watch is a commodity it will rise and drop in value. What's it made of who made it ? 2. Gold, Sliver , Platinum , Diamonds are all commodities they will rise and drop in value. 3. Oil , food is a commodity they will rise and drop in value. Your team gave great example's of this however it might have been a little over their heads, so I decided to step in and lend a hand. It is very important when dealing with low IQ people to dumb yourself down sometimes, however that can cause head aches and ruin , your day. So I did all the dumbing down for you. Hopefully they can read examples 1, 2 and 3. and understand. Regards Bill from Detroit.

@Volkswagenplanet 2 жыл бұрын

I JUST BOUGHT MY FIRST EVER ROLEX LAST WEEK. IT WAS A 69173. I BOUGHT IT FOR MY WIFES 50TH BDAY. BOX , PAPERS, COMPLETE. VINTAGE 1978 FROM THE ORIGINAL OWNER. IT MAY NOT BE 100K WATCH. ITS WORTH THAT MUCH TO ME. I WILL NEVER GET RID OF IT. HOPEFULLY MY ROLEX COMES NEXT YEAR WHEN I TURN 50. LOVE THE CHANNEL. LOVE THE FAMILY RELATIONSHIPS. TAKE CARE, STAY SAFE. HOPE TO SEE YOU GUYS SOON. IM IN TAMPA.

@Crmjewelers 2 жыл бұрын

Thank you my friend. Please keep that watch forever and congrats to the wife!

@Volkswagenplanet 2 жыл бұрын

@@Crmjewelers THANK YOU MY FRIEND. I AGREE WITH CARLOS, ALWAYS KEEP THE FIRST ONE. THANK YOU FOR COMMENTING BACK.

@loganbarr853 2 жыл бұрын

Congrats!!!! May she wear it in good health.

@Volkswagenplanet 2 жыл бұрын

@@loganbarr853 thank you..The hardest thing is I have to wait til Aug to give it to her. Thank you for reaching out. Stay safe, stay well

@oak6845 2 жыл бұрын

Gentleman being in business for now thirty years, started by producing a "profit" to grow and build upon every sale is why we are still in business. When we no longer can turn a profit then we are out of business this is the only principal that is reality. So sorry for all those who have never step out in faith to bless themselves and our communities by investing everything to bring a better life for our love ones and all those around us but yes we are the chosen ones and until those who post these horrendous comments of damnation upon men and women who give their lives and precious strength to be a moral compass to our children, we are so sorry for what you have done to your own self by bring lost by the words of your own month! Carlos and Family you are always in our prayers, you are our extended family and we truly Love each and everyone. May the Lord Jesus bless you most abundantly.

@Crmjewelers 2 жыл бұрын

Thank you so much my friend. We're deeply humbled. 🙏

@bobby381 2 жыл бұрын

I love the variety of watches you show. If it wasn’t for channels like yours us enthusiasts wouldn’t have the pleasure of learning about these rare timepieces. The Rolex stores are no longer retail outlets but more like museums with very little if zero inventory. Always supporting you guys have a great weekend

@Crmjewelers 2 жыл бұрын

Thank you so much Bobby. Have an amazing weekend my friend.

@Stizzie44 2 жыл бұрын

I skipped to see why Betty was crying I was upset to see my Gilf sad. Glad it happy tears.

@Crmjewelers 2 жыл бұрын

LOL, thanks for watching my friend. Yes, Betty is crying happy tears.

@TWOUPTV 2 жыл бұрын

loved the upload you guys never fail to make good content

@Crmjewelers 2 жыл бұрын

Thank you so much my friend!

@dreamvillasmarbella 2 жыл бұрын

Unfortunately you get haters in all markets... just brush it off, they´re irrelevant!!.... By the way congratulations Betty!! .... Great video 👍

@Crmjewelers 2 жыл бұрын

🙏 Thank you!

@CWGriswald1492 2 жыл бұрын

For me watches aren’t investments. I buy them because I like to wear them. When people treat them as investments it take away from the passion. It becomes about money instead of the love of the watches. The flippers just ruin it for me

@Crmjewelers 2 жыл бұрын

I hear you man and respect your opinion, but at the end of the day, this is all about personal objectives and preferences, not about absolute truths about the goodness or lack thereof of watch buyers. Life is too short to take things so personally sometimes. 🤷

@ANGfilmz 2 жыл бұрын

How much is the bracelet at 24:08 and do they come in other colors?

@Crmjewelers 2 жыл бұрын

That one is $1250 and is the only one we have left. If you're interested on this or any other bracelet, contact Sandra at +1-786-350-8182 (WhatsApp).

@visjn 2 жыл бұрын

Appreciate you guys, you’re the best out there. There is no need to address the haters and children…understanding the market is elementary and anyone who doesn’t understand it has no business buying a luxury watch, period. Stay positive boys.

@Crmjewelers 2 жыл бұрын

Thanks man. We still try to educate. 😉

@Khunpaen2000 2 жыл бұрын

Actually, there is 2 group of watch dealers. Those that do all models and accept the crazy prices and those that never wanna put their business in that kind of inventory. It's a choice. But things have to come back to senses. I will buy a 250 thousand tourbillon but not a PP5711 although at one time they are price the SAME! So for a responsible grey market dealer, u need to warn the customer the situation and not just accept the fact that a 5711 costs 250 thousands.

@jackufoberry1542 2 жыл бұрын

Ty crm for doing what you do best awesome content yous have given me so much knowledge god bless x

@Crmjewelers 2 жыл бұрын

🙏

@abuhakam66 2 жыл бұрын

I think the drop in watches price is temporarily, with this great demand, especially when you see big queue on Rolex boutiques when new watch additions are coming, I believe the prices will go up again soon

@Crmjewelers 2 жыл бұрын

🙏🤷

@michaeldongottilocklear1192 2 жыл бұрын

First caller. He forgot to ask you about your cars extended warranty 😆

@Danny-bv6zv 2 жыл бұрын

Many people don't see how much work there is behind buying at a good price.

@Crmjewelers 2 жыл бұрын

👍👍

@LeonDePonce07 2 жыл бұрын

question, why do some pateks come in those cheap looking small brown boxes, and some come in the really nice looking shiny black box?

@itsmebk6820 2 жыл бұрын

Even if the market crashes, or corrects, grey dealers will always be here! Keep doing what you’re doing!!

@Crmjewelers 2 жыл бұрын

🙏

@baxoutthebox5682 2 жыл бұрын

Probably not most of these bozos bought BTC with profits.

@dingodave3966 2 жыл бұрын

I really admire you guys and the way you treat people.

@Crmjewelers 2 жыл бұрын

🙏

@AJ-bi6ns 2 жыл бұрын

Love your content, you need to check out more of the tequila world though. Casamigos, Clase Azul and Casa Dragones are all diffuser made overhyped and overpriced tequila. Check out something like El Tesoro, Fortaleza or Milagro Barrel Select

@Crmjewelers 2 жыл бұрын

Thank you for the names and the support AJ! 🙏

@roller2982 2 жыл бұрын

Love the prices sounds like the Rolex market is alive and well! 17K no date sub 32K for a Hulk WOW

@Crmjewelers 2 жыл бұрын

🙏

@dabeardeddad1762 2 жыл бұрын

Keep doing what you’re doing guys much love and respect forget the haters!!!

@Crmjewelers 2 жыл бұрын

Thank you my friend 🙏

@brianramirez518 Жыл бұрын

Cash is King . I like the way you don’t bend when the customer and tells you to do something you explain to them how it works I do the same thing

@user-wz7jj7ot8b 2 жыл бұрын

45:00 👍🙏 thank you Carlos your answers is the best!!!

@Crmjewelers 2 жыл бұрын

🙏

@Lukascotton 2 жыл бұрын

Keep up the good work!!! Love from the UK!

@Crmjewelers 2 жыл бұрын

Thank you Luke 🙏

@RaspingPompano2 2 жыл бұрын

You treat everyone as if they've been your friend for years. If everyone treated each other like this the world would be a much better place. Not saying the world is a bad place but to many people out to hustle people instead of sitting down talking to them and maybe learning who they are.

@Crmjewelers 2 жыл бұрын

So true. We were talking about that today. How can anyone take advantage of a person or wish them harm in any way. Crazy world! Thank you so much for your comment and support.

@trut52 2 жыл бұрын

That stock market analogy of book price was spot on

@Crmjewelers 2 жыл бұрын

👍👍

@emmanuelvaldez4420 2 жыл бұрын

negative into a positive always thanks so much for educating and dropping some knowledge Dan, Charlie n Big boss lol. Congratulations beautiful Betty n the family. I always enjoy all the videos Guys.. bendiciones Familia 🙏 from NYC 🥶 🧊

@lmcgbaj 2 жыл бұрын

Here is the situation. Most folks assume that grey market dealers buy the watches at retail and sell them at premium which is NOT the case. You need to explain this to your viewers. Dealers get their new hot watches 2 ways. Either from a customer who paid retail and is demanding a premium. In this case the customer gets to keep the extra profit. The other way is package purchases with ADs to get hot pieces. Like buying gold Chopard or Omega Deville and other undesirables inventory from ADs for the privilege to get a few hot pieces. The only winners are either the Ads for getting more business on jewelry or other dead inventory and sometimes the occasional lucky customer who scores a hot piece. Either way it’s not the gray dealer benefiting from this. Rolex is not benefiting either. You have to remember that ADs get the prices at 38-40% off retail so on a Sub for example Rolex makes 5-6k. That’s it!!!! They don’t even benefit financially for this madness. The main beneficiaries are the ADs and as such they hold the power and unfortunately treat most customers like crap because they don’t need to even try hard. Customers get mad and post stupid comments against used dealers as if it is their fault.

@Crmjewelers 2 жыл бұрын

We've explained this a bunch of times to people, but many refuse to believe it. You can only lead a horse to water. 🤷

@AA-um3jg 2 жыл бұрын

this guy explaining why market value should be the price by providing a simple but flawed view. It doesnt work like that for Rolex. You need to also factor in "new shares" which rolex makes every day. And as more and more daytona ended up on those who want one, and as the hype dies down and the hate for rolex reaches new height every moment, the price will only move closer to retail price.

@RS5DAN 2 жыл бұрын

Please help. I have a question. My friend works at Rolex in LA, cant say which one” but he invited me in to buy a Rolex. I need to know what’s the best one to buy at retail ? Like what I can flip for the most. Thank you for any advice. 💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼

@Crmjewelers 2 жыл бұрын

That's a great question my friend without an exact answer. My suggestion is to get your hands on a Submariner or any other basic model.

@RS5DAN 2 жыл бұрын

@@Crmjewelers thanks so much 💪🏼💪🏼

@callesolberg5446 2 жыл бұрын

A lot of love from a big fan from Oslo Norway🇧🇻 Betty is the best!

@Crmjewelers 2 жыл бұрын

Thank you my friend. Betty sends you a kiss. 😘

@callesolberg5446 2 жыл бұрын

CRM have a perfect family buisness and show the world how too handle regular customers and VIP!❤🇧🇻👍✌

@dolcman81 2 жыл бұрын

Any time frame when I can purchase the hat?! I really wish you guys offered the old CRM tees!

@Crmjewelers 2 жыл бұрын

We aim at having everything available in 1-2 weeks 🙏

@sukrampalang7464 2 жыл бұрын

family business is the best way to make money! good luck to all of you and greetings from bangkok!

@Crmjewelers 2 жыл бұрын

Thank you Sukram. Much love from Miami. 🙏

@donmajikjuan9997 2 жыл бұрын

You guys are awesome, haters are just miserable with themselves. If you guys are the ones buying product/investments you can sell it for whatever you see fit. Sounds like jealousy to me #salute

@Crmjewelers 2 жыл бұрын

🙏

@adamdalejohnson 2 жыл бұрын

I really dislike people that would wish, or pray harm to anyone. I think anyone that is going to try to sell something, weather it’s a stuffed animal, or real estate are going to try maximize the money they are going to get for it. If they say they would not is lying, or a fool. (Or are socialist) and you folks know better than anyone how well that works. I wish the best to you and your family, and hope one day to meet y’all, you are such a beautiful family. Thanks for all the content, I love what you do.

@Crmjewelers 2 жыл бұрын

Thank you so much Adam 🙏