The watch market is dead. Only true watch people will remain. Don't pay more than retail, EVER

Many other dealers are saying otherwise. The market is not flat. Prices are still falling.

The market is only going to continue to drop. Nothing is pointing to stability or increases.

The only reason the market. Is and was so messed up solely because of the buyers/sellers who artificially increased prices for their own profit. The market is going to continue to drop. There’s zero chance it goes back up anytime soon.

The inventory is up significantly across the board including PP. Also watches are staying for sale for long time. This is usually a good indication of a significant adjustment coming soon. The same thing is happening in the exotic car market.

Lmao the rumor of discontinuing the pepsi was such a small hat gimmick that reeks of desperation to cling onto past hype prices.😂 Silly small hats

Almost all the AP offshores and divers are at or below retail. Even the code 11:59 perpetual calendar is well below retail. $20-30k below.

Make a video of the customers who paid double and triple retail. Let us know how they’re doing now that the market has “” stabilized. Please make that video. Please!

great ! love your before video format! now im back to enjoying Watch Eric! thumbs UP!

Love the content!! Would you say PM Rolex are easier to get than ever before from an ad?

Great video. Unrelated, but what brand are your glasses? 😎

Hello Eric, What is the market on the AP perpetual rose gold? I need one to finalize my collection. Thanks for your help.

I’ll be on the sidelines till I can buy a Rolex at retail. Thanks for the video, excellent as always.

Only the Patek sport models are holding up. All the dress and complications are selling well below retail.

Great stuff! Eric, what do you think about models like the Rolex Cellini Moonphase in terms of upside? I along with everyone else didn’t take that line too seriously while it was still in production but that specific model is beautiful, discontinued and leather strap watches have become more desirable in recent years. Curious to hear what you think. Thanks!!

Re the PP 5990, I agree with you that it is preferable to the 5712. I like that its thicker, and heftier, which I enjoy whenever I wear it.

Question Eric the new black gmt what would u go for Oyster or Jubilee?

I'm enjoying the current market. Picked up a couple of nice pieces in the last 12 months all near retail price.

Solid review

Love these videos Eric! Very insightful and Patek is king!

Hey Eric, what do you think about a Rolex Artisan De Geneve pieces? ...im on the fence.

how are the 15550s doing by any chance? my wrist is small so ive been lookin for the 37mms. But so far, no luck.

Oya Vay Eric...Hope you ate fine.....As someone who is a dealer in the UK who knows dealers that know you I have to report that what you say is Totally Correct...The market in the UK / World is not just flat as you know...BUT really bad and getting worse...But..the Market in the very very high £100,000 plus plus market we find is still fine...We like picking up the bargains from the low end sellers..They are Sweating ..

Can we get an update on the 34mm watch market?

Watch Eric is back !!! # watch Eric at its best like always Pls address the platinum Daytona prices in ur next video

🎉. Thanks eric

Was lucky to get the titanium and wanted to keep it, because it's a great 15k watch. But once someone offeres cash and a gold sub with tropical dial for that....couldn't resist.

What is your opinion on Vacheron overseas 4520V/210A-B483? Do you think it would at least retain most of it value ? Is it just a trendy watch that will die ?

Hey Eric, love your channel, i have my eyes on the new gold deep sea, do you think that will be crazy expensive in the grey market upon release?

Watch market is dead and watches will keep coming down. All these watch guys try to down play it 🤦🏻‍♂️🤣

New wr resisten Patek; 30 mts ... Opinions ,,,,??

I think if you are looking at Rolex in here in Europe- new gmts like the batman,Pepsi , the sub sprite and the steel dayronas are still almost impossible to get from the local dealers- it may be that they still have a backlog of customers that are waiting for these watches but don’t expect to walk in at a boutique and buy one unless you are buying a couple of Rolex watches are that are hard to sell!

Could you do a review on the 126518ln

Great Content mate 🥃

Watch prices inevitably will continue to drop to retail. 💀 People holding in to their ‘investments’ are hoping for a miracle. Unfortunately they were conned. Watches aren’t investments.

My dealer (my family member) told me to stay away, market will drop more . They don’t really want to take in watches now especially the Daytonas but should the customers want they will have to offer 20 % lower to hedge the risk and even that they will do so if they have ready buyer . For the 116520 , u be surprised how much they r offering vs the 20k which dealers are trying to sell

i wonder how many people still pay credit card rates for watches they bought to flip

People are sick of the crazy inflated grey market.. sick of playing the Rolex AD game and the salespeople's arrogance. Customers go into a Rolex AD interested in buying a +$10k, buy most of the time get treated like we're at The 99c Store. I own, wear, and love my Sub and Batman. Fortunate to have paid retail. Everyone just stay patient and wait it out. Some of the SALES that you see being Sold are between resellers to resellers.

Rolly should have kept the ym2 all ss model. She is a great regatta watch. works great! Thank God I got mine before the Rolex discontinued her. 😅😅😅

With fluctuations within the market as drastic as they have been, the markups through gray dealers, and stingy authorized dealers I know more and more people who can afford watches going to replicas. In fact, a friend of mine recently sold his business for a substantial amount of money, already owns three Rolexes and purchased a panda Daytona replica. it’s a weird time for a watch enthusiast and I’m not sure how to feel about it.

The muppet boiler room secondary grey market is dead.

You do what you want. It's your money. If you want to pay for CRM's go fast red car? It's your money.

Went to buy a Starbucks at an AD Australia they said to buy a Tudor ( to get the ball rolling to GET on the list) I quietly declined and bought a near new mint 136660 for 4K under retail from local dealer. Stars can align people. More tech in this hockey puck anyway.these so called highly desirable watches really worth the wait?

Question people..Omega prices in Boutique are too high we all know that, however last year I bought my Omega Seamster Diver 300 Chrono brand new from Omega store in Sweden in full rose gold for 17.000 Euro..Did I fuck up or vil I get that money back one day ? Please tell what you think

What are your thoughts on Rolex now allowing customers to buy the other bracelet for their watches? Just went to my AD yesterday and bought an Oyster bracelet for my batgirl on Jubilee.

👍

It’s definitely a buyers market out there. Damn interest rates and inflation.

The watch market is dead.

I love watches , that's it.

Royal Oak now 25k-30k

The watch market is dead

Market? There is no more market! It’s flatlined!🤷🏻‍♂️

Always the best from Eric, Boss!

Bro tell me the model of Shades those are I love them.

What's a Sub Date going for these days?

what about the olive DD40

The watch market is dead ☠️ same overpriced watches sitting collecting dust because the flippers and grey market dealers paid too much for them. Just wait and go to the reseller that Rolex owns. It may take a little time but you get it at retail. Paying these over inflated prices to a reseller is ridiculous.

Pay less then retail

Patek and AP i believe are cutting back on distribution in order to maintain secondary prices. I believe Rolex will be moving that way too based on the latest interview with Dufour, the CEO who cautioned against over producing watches. I also believe they will be pushing for higher transaction prices to keep profits up based on new 2024 releases.

Rolex will continue to increase its prices every year and this will contribute with low production and good marketing to slighty increase the value over the next 50 years. My son is the lucky one. Thanks Eric

💯 - a lot of wait and see here in the US - election, possible money printing, inflation. One interesting thing. Due to the bad economy and decrease in the value of the yen, Rolex prices are falling in Japan. Last week there were THREE Platinum Daytonas in the $80s!

Thanks for the video Eric 😃

I feel bad for all the dudes who bought hype pieces grey in early 2022. Got fucked hard.

If you’re facing 20 knots of wind, why don’t you record indoors ? You need the fresh air ?

I receved offer from dilar for my 5164A for 91000$ and i didnt click.This watch will be very soon 100000+ when everybody realised that the most impossible watches from Patek are the stainless steel ones with complication Patek is going all precious metals.

Aside from high complication holy trinity pieces, certain rare discontinued models, and maybe daytonas, you shouldnt be paying over retail for anything.

Paying 40k for a titanium is soooo stupid You can get a solid gold watch for that amount

Starbucks are plentiful and still dropping, such a boring release

Czapek over the Rolex poo... Greys can only enjoy the good time but unable to sux up the bad era ahead!

They need to bring back that Kermit 💚💚💚 green

Nothing getting discontinued

Eric lives on Palm Island. Lucky man !!!!! Friends with the Adrians?

The watch market is dead, floating face down in the pool!

No one wants to catch a falling knife. I would rather be late to a party than early to a crash.

Lets be transparent. The market is still falling down. You can blame that on the econony being down, but that doesnt change the facts.

I cant sell anything unless its at a DEEP haircut. How can I buy a new watch if I cant sell an old one? Im not gonna lose thousands THEN pay over retail. This market is in the water right now. Sellers need to wake up and stop asking crazy prices. Bring prices back down and the flow will start back up again. Until then sit on all the inventory you want, nobody wants it.

Skydweller all gold … no rose …one day

📉

The watch market is dead. Sales have plummeted. Prices have plummeted. Do not pay over retail.

I want Anthony Tugger Farrar to go back into the grey warch market...

I thought it was called a Kermit.

Dealers are currently in the denial phase. Namely, they’re holding the inventory bag and chat amongst themselves about salvation emerging from quirky events like possible interest rate reductions (ain’t happening), Christmas/easter/passover (any supposed excuse). Like any market an external catalyst is required and MUST be aligned to hype. All the stars aligned for grey watch dealers from mid 2020 until March 2022 but the series of events that caused the trend were atypical and unlikely to repeat in our lifetimes. Is the market dead? No it isn’t. Will many so called watch dealers find a new way of making money? Probably.

Been collecting since I was 18 in 2003. So nice to see so many chumps losing a lot of money on “influencer” watches and leaving the community. Imagine paying £130k for a 116508 John Mayer in 2022 and seeing it worth 50k now 😂😂😂😂😂😂😂

Not consistent enough on you tube Eric 😢only hear from you occasionally 😮

I appreciate it when watch dealers say it's time to buy.

I just need a gmt at a dam near retail price , and the Bruce Wayne is fire , I’m cool with that or a batman

Let the gray market crash and burn. I waited 10 months for my Starbucks when I got the call. $10,800. Gray market wanted 15-16 thousand. That’s insane. They are greedy scammers

Rolex is crazy overrated. I just fast forward to the other brands.

all the hype is only from the guys in the gray market trying to sell watches. a.d's called me last three weeks with offerings so things are loosening up and will continue too.

How many of these watches do you think he owns?😊

I dont know why Im watching this, I cant even afford to buy a grand seiko

WATCH MARKET IS DEAD

Are you getting paid by the kilometres you wink your right hand?

einstein, this market is directly correlated to interest rates

Just buy a good fake no one really cares….

Rolex, Rolex, Rolex. Boring.

Amazing how commenters continue to hope for and push the notion the watch market is dead. Complete BS and watch hating. They want a crash.

I’ve been in a coma and just come out Did the Pepsi get discontinued

Oysterflex daytona are still $6-10K above retail

I swear the happiness I feel when #nkuwan uploads a video is beyond!!!!