The Watch Market Bubble is OVER & it's not just Rolex 

Brilliant. 5 Stars.

Sounds like you need to level up. Being a brokie is for the birds

Sitting in my aunt home( 44, no family, no property, no car, no job) and watching on 2019 Samsung with cracked screen.😂

@@Xavier-se9mcdon’t bromides spend their money on expensive phones?

@@skibooski6884 yep. They bitch about being broke but think they deserve to live without roommates and have expensive luxury goods.

Bahahaa! Sometimes you have to spice it up with boring money videos! 😅 💕 But you know, it sounds like we have really similar philosophies of collecting!

Absolutely, the sooner they start losing money, the sooner they leave our hobby alone

Flippers are pure scum.

In fact I could not care less about them irrespective of their gains and losses. It’s their own life, not mine.

“And not before time”???

Bad news for flippers! Great news for enthusiasts! And I think things have further to fall! 💕🎉

retail is just an arbitrary number. All of these luxury watches have insane markups. This take makes no sense

1? They always have had, they just charged, the steel Daytona in Berry's in Nottingham now is down in price by another £5k. You could buy a Rolex there at the peak of madness, but you were getting near £30k out for a steel Daytona, £17k for a green ceramic Submariner, £13k for a no date one. Talk to Pride & Pinion, Nico would have always found whatever you wanted but you may not like the price.

What they got?

@@gaffs82 5 Daytona's, 8 GMTs, 8 OP's, 5 Sea Dwellers, 8 steel Submariner's, 5 Nautiluses, an Aquanaut, a dozen other Patek's, a couple of other Royal Oaks, an RM, 2 Roger Dubis shall I carry on? You've always been able to buy what you want, you just had to pay for it.

That hadn't occurred to me.......Is that why Paul Thorpe has suddenly started spouting right wing BS?

@@killforkylie and Paul Thope wonders why Rolex won’t sell to him. Maybe it’s because he’s a right wing loon.

Inflation also has to be considered in that. We were hitting double digit inflation for over a year just recently.

And that is exactly what everyone should say. There are too many beautiful, incredibly well made watches out there to let them get away with it.

@@PhilPsChannel ppl are. I know at least 3 contacts who were called and didnt even bother to call back. They moved to other brands (Omega and Cartier) who treated them with some dignity Rolex ADs are about to feel the karma. Look Rolex will have its following, but not the classless behaviour of spoiled brats as how they behaved in the last years.

I walked into the Rolex AD I purchased a Sub and Grand Seiko from not more than a year prior. He did not remember my name, when I asked if the GMT Master was becoming more available he said that Pepsi’s were not available to me, a Batman might be, but not now, and he does not stock the lower end OP’s I was interested in looking at because he can make more off all the higher end models. He tried to sell me a Tudor Black Bay again. I went to the Grand Seiko boutique down the street and got awesome service with no pretentious comments and everything was in stock…. Humm….

How much discount?

The manager of a AD where I have bought Rolexes before promised me a Pepsi Meteor when they first were announced but somehow she never was able to get one. Allegedly.

It looked at you, meowed and it was love at first sight!😸😃

Congrats! I love that watch!

I got sea dweller red font at AD at retail in Texas in January. I was at right place at right time as someone who wanted it backed off and I went in to put my name on bs waitlist, she said there is one available but I have to decide within 24 hours. She also had a DJ but I wasn’t in love with the dial color etc. so got SD43

Rolex... Cliche 😂

Totally agree! Feels like a temporary hype watch, that’s gonna go out of vogue, with mass realistaion that they all look the same, and not that classy, Aquanaut and it’s big ears looks like it should have a digital screen.!

I agree, but fashion mania will make hordes of folks believe that something mediocre is much better than it actually is simply because it is the latest hot trend. These Genta watches are Ok, but they are a bit like disco and bell bottoms, and for me are more of a curiosity and time capsule than amazing design. A few years back no one wanted them...but then they got scarce and really really expensive, so suddenly they became "the greatest thing ever!!!". In a few years the fashion will pass and everyone will wonder why these 70s watch designs were all the craze in 2023.

You can say the same about any decoration, though

@@gavinwhite9743 temporary hype? Out of vogue? Those two watches (Royal Oak and the Nautilus) have been "in vogue" since the mid 70's and without them there would be no mechanical luxury watch market at all. It wouldn't exist.

SHUT UP!!!! Whaaaat! This is absolutely FANTASTIC! Biggest congrats to you and such an elegant choice as well! 😻😻 you know, a nomos Tangente was my first mechanical watch! And it’s made me into a lifelong nomos lover! Biggest congrats to YOU! And enjoy the honeymoon phase! 💕🎉

@@BrittPearceWatches Thank you!!!

Right?? Other watch RU-vidrs are stuck reviewing watches instead of talking about relevant issues. Brittney is slowly becoming the top watch influencer due to her variety in content

Woman

This “girl” as you put it will make you her “boy”.

@@markreynolds9135nobody cares kid

@@madzmadeit You definitely have that 70s’ macho look with the large fake gold chain. 😂

While that is true, Omega has also increased prices like crazy over the past few years at retail. So sure you get a discount, but it's still more than what it used to be just 2 years ago lol.

How much discount did you get? Thinking about getting one too!

@@vedomedo indeed. My first Speedmaster was bought 14 years ago and was less than $3000.

@@Enzoxvx I got 20% off

@@jobervelasco8614 thanks!

You’ve actually been watching this market for a while.

Right?!?! Great for watch buyers and enthusiasts if you ask me! 💕🎉🎉 And omg! EDWIN!!! Biggest congrats on the Speeeedy! 😻😻😻 hesalite as well! SO GOOD! I love the warmth the hesalite brings the watch! Such an excellent choice! Man… I love the new watch feeling!

Some do, some don’t, I guess it depends on your spend.

I think in the USA the grey market are thinking, the hype may come back, and they won’t have to lose money on their stock. When realisation comes home to roost and their preowned stock isn’t moving, they will have no choice but to discount stock.

Oh good GRIEF! I go through phases with the news - sometimes I’m really invested. Then I get angry and upset. Then I need to stick my head in the sand for a bit! I’m currently in “stick my head in the sand” mode. I’m so sorry to hear this! 😡😡💕💕💕

Man! Retail is a punch in the gut. NO WAY IM PAYING OVER! 😅

Which AD?

If you aren't getting the rubber strap and deployant for free anyway, your AD is doing you wrong.

@@boayoon8715 Hi, the offer was negotiated over a couple of weeks, so personal to my circumstances, I’ll respect the personal nature of the agreement. In any case, you may negotiate a much better deal than I was able to with your ADs. The point was simply that the 3 ADs I chose at random, within a reasonable proximity, all were totally happy to negotiate, hopefully this is encouraging

Dude writing that and then suggesting 'Omega especially' is ignoring the elephant in the room. I think we all know that the most deplorable company through all this has been Rolex and their ADs behaviour has been incredibly bad. At least you could always go into Omega and walk out with the watch yoou wanted (same day) without the snooty 'are you good enough' games, the wait list pretence, the bribery of having to buy jewellery you didn't want, the 'that's not where you start your Rolex journey' bullshit - I mean, come on, and how did so many brand new models get into the hands of the flippers immediately if not out the backdoor for a cut of the gains? Omega put their prices up in a bull market - I don't like that, but it's business. Rolex lost their fucking minds. I hope they get very unfashionable, very quickly.

@@PhilPsChannel my comments were about the watch bubble bursting and watch brands losing sales. Omegas sales are massively down especially because they haven’t released anything new other than different colours of old watches that desperately need updating while ramping up prices to mirror Rolex without doing the hard work Rolex have done to improve their already excellent watches. You’re absolutely right though and I couldn’t agree with you more. The whole nonsense of walking out of the Rolex AD with a watch worth more than you’ve paid for snowballed into an absolute shambles leading into what must have been almost illegal practices. Suggestions of buying other things you don’t want so you might be allowed to possibly buy a Rolex is unbelievable. Rolex is still in big demand but it’s starting to slip as more and more AD’s are having to sell watches without making people do the dance. People must realise now that the Rolex they walk out of the AD with is probably worth less than they’ve just paid. It’s going to take a bit longer but Rolex will start feeling it soon and people don’t forget about being told they weren’t good enough to buy their watches not so long ago. As a brand Rolex has overheated and their iconic designs are easily spotted by watch thieves. Many people who are very wealthy just don’t want to wear Rolex anymore because it’s more trouble than it’s worth.

@@leeharding8306 but Rolex don't have to worry, they aren't a public owned company. Rolex is privately owned 100% by The Hans Wilsdorf Foundation, which is a not for profit foundation, they do not answer to share holders, publish financial figures or pay tax. No one has any idea how much money they make, or how much of that they donate to various charities and other causes. Supposedly ~80-90% of their total profits are given away. Also Rolex ADs are independent businesses, they aren't owned nor are their sales terms controlled by Rolex. However they cannot sell at above MSRP, which probably accounts for why they have "other" ways of choosing their buyers. Omega is owned by The Swatch Group, they are a PLC floated on the Swiss stock exchange. Like any other huge international conglomerate they exist to do one thing, make their share holders money.

And the stores are deserted. Good to see. Let them close.

No micro adjustment is a dealbreaker

@@IamRossAlexanderMine is in the blue rubber strap (with clasp) and it’s sublime 😃

I ACTUALLY DO THO!!!! I even tried on the 34mm recently and it was 😻😻😻 it’ll be between the 34mm and the 38mm I think! 🤔

@@BrittPearceWatches I suspect you're right on the sizing, mines the 41mm with silver dial, which works me on a 7.5" wrist. I'll bring it along to the next RedBar Bristol event (we met briefly at the last one) and you can give it a try. Great to see the channel doing so well (140k+ subs 😎) 👍

Oh this crash is already happening. It’s gonna be so bad and people are so blind to it! Especially in America! We got sold out and betrayed! Good luck!!

How long did you have to wait for it?

@@E.T.1971 Lucky situation for me… friend had been waiting for over a year, then got called for it, but decided he didn’t want to keep it, so sold it to me for retail. He’s waiting for other Rolex, so wanted to keep the spend history with the AD. So in answer to your question, he was waiting just over a year. However, I know of at least one other person who has now got one too, so I think the wait times are reducing or even possibly disappearing. Go into the AD and make sure they know you want one… good luck 🤞