The luxury watch market is experiencing significant price corrections, with high-end timepieces like the Patec Philippe Nautilus 5711 (green dial, diamond bezel) dropping from $485,000 to $459,000, while other models such as the Rolex Daytona (116515) and GMT models are also seeing substantial price reductions, indicating a broader market correction where premium watches are becoming more accessible to collectors.
Deep Dive
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Deep Dive
watch market is crashing hardAdded:
Anyway guys, I'm going to give you guys a watch market update. Here it goes, ladies and gentlemen. You know the CNF skyline skeleton, you know, white ceramic, you know, the scene skyline skeleton, white ceramic, you know, brand new, ladies and gentlemen. You know, if you get a a white ceramic from this watch brand right here, it'll cost you no less than $200,000, right?
No less than $200,000.
The Skyline, LADIES AND GENTLEMEN.
UNBELIEVABLE. WHITE CERAMIC, BRAND NEW.
UNBELIEVABLE. for reference number 49930136207910 01 ladies and gentlemen with a beautiful blue you know skeletonized you know inside you know you can see everything and I'm going to tell you ladies and gentlemen to get this watch I made a mistake even more than $200,000 in a ceramic white or blue man I think the blue is even more expensive than the Don't pay for that beautiful scenic skyline skeleton. Don't pay more than $12,200.
You do whatever you want with your money. You know, I understand that you like to give it away. Give it away like the song the Red Hot Chili Peppers because they're not like us. Lean back.
Lean back all the way up. Lean back. You know, they're not like us. I know what I'm trying to tell you. Ladies and gentlemen, next watch is a Rolex Land Dwella 40 millimeter stainless steel with the chicken coupe white dial 40mm reference number 127334.
Ladies and gentlemen, this is an unbelievable what's happening in the watch industry. I'm so happy for all of you. All of you. I'm so happy for all of you because you guys don't even know it.
But you know, if you want to because the fever, listen, when the fever dies out, you die out too and you don't want to know more. You know, you don't want to know more. But it's like that. The land dweller stainless steel with a white chicken coupe down [clears throat] or the land dweller. The Rolex Land Dweller stainless steel white chicken coupe DOWIME 40 40mm reference number 127334.
Don't pay more. You do whatever you want.
Don't pay more. I want you guys to wait for me, man. I want you guys to wait for me cuz I want everybody to be happy.
Ladies and gentlemen, I want everybody to be happy. Don't pay for that watch more.
Our sponsor.
Don't pay more than $24,500 in.
Do whatever you want. You do whatever you want. TO SHOOT MONEY. YOU DO WHATEVER YOU WANT. LOOK AT THAT. He said 24. I said 245.
You're going to be able to pick him up.
Unbelievable. But true. I mean, you do whatever you want to do, Scooby-Doo. You know, you know what I'm trying to say.
You know what I'm trying to say.
He used aluminum for Ladies and gentlemen, our next watch is an AP stainless steel Royal Oak reference number 15510 41 millimeter with a blue dial. With a blue dial, unbelievable looking time machine. And I'm talking about an unbelievable 41 millimeter. Beautiful blue dial. 15510.
You know, don't pay for that watch more. I mean, you do whatever you want, but don't pay for that watch more than $51,000 in dropping. You do whatever you want.
Right, guys? Our next watch, ladies and gentlemen, this is a Rolex Daytona Oyster Flex. This watch came out in 2011.
This Rolex Daytona came out in 2011 and it was discontinued in 2023.
Okay, this is a Rolex Daytona rose gold with a chocolate Arabic dial, you know.
One, two, three, four, five, six, seven, you know. You know this one, you know.
And when they first came out, they had a leather strap. They had a leather strap.
This watch, you know, it $27,000 was the price of that watch at that moment when it was released in 2011.
>> [laughter] >> chocolate dow, you know, chocolate dow.
Look into it. You know, look into it.
This one is more. It has now the rubber the rubber strap. And I'm going to tell all of you, don't pay for that beautiful Rolex Daytona 116515 40mm. Don't pay more. I say 34. You got to respect that, you know. You got to respect that.
And uh I'm going to show it to you.
You see it?
You see it or no?
See it right there. Arabic chocolate 34.
Okay.
34. You do whatever you want. You know, you can get it 2023. Beautiful, man.
Nice. You know, right? Just to let you know, that's what's happening with that watch. Ladies and gentlemen, our next watch is an unbelievable looking time machine. It is a Rolex GMT Jubilee stainless steel and yellow gold.
Rolex GMT Jubilee bracelet, yellow gold stainless steel with a black dial, black and gray ceramic bezel. They call this the mosquito, the bumblebee. I don't know those names, you know those. I don't know, Sami, whatever you want to call it. You know what it is, you know.
It's the new GMT. You know the new GMT.
You look for it. You know, you know what I'm trying to say. 40 mm. Don't pay for that watch more than $18,700.
You do whatever you want. You do whatever you want. You do whatever you want. Now, ladies and gentlemen, sir, here's the watch you've been looking at. You've been looking at this watch and every week it just drops and it drops more. There's no candidate candid. There's no like there's not a candidate for this watch. There's not a candidate. We're talking about the Patec Philippe Nautilus 5711 green dial. Green dial with a factory diamond baguette bezel. You know, full set. Full set. And here it goes. Cuz you want this watch, but you got to keep on waiting because it's dropping faster than you know who. You know, it's dropping faster than you know who. And I must have told you I think it was 44 485 485. I told you for that watch 490 485.
Here it goes again. Seenor if you're looking for it. If you're looking for it, they can't do nothing with it.
Poppy, there's no more SBA loans.
There's no more PPP loans. There's no more free government money. It all dried out. Papa, that's why those huers are asking you guys, those live streamers, for $95 memberships. That's why there's no more money, Poppy. You've been maintaining their lifestyle for so many years and they don't know how to get it.
He's going to have to pack up his bags and move out. He's going to have to pack up his bags. Don't ask me who. Going to have to pack him up. Don't pay for that beautiful diamond bezel. PCK Philly 5711 green dial factory diamond bezel. Don't pay more than $459,000.
How you like them apples? How do you like them apples? All right, ladies and gentlemen, our next watch is a Rolex Platinum Date Date. Rolex Platinum Date Date 41 millimeter.
Platinum 41. My favorite size. I like that size. Always liked it. 41 millimeter with a blue ice dial.
Unbelievable full set. Don't pay for that watch. No matter what they tell you. No matter if they tell you 50, no matter they tell you 48, you pay. And I mean you pay for that watch. Don't pay more. Well, Doc, you want to give money away, huh? You want to give money away?
Wow. Okay. Mr. Pre Mr. Premium is on fire today, ladies and gentlemen. Mr. You know, we don't lie in this chair. He says Mr. Premium is saying $44,000 and he is not, but I mean he is not far from the truth. You know, not far from the truth. Don't pay for that watch. And I mean don't pay for that watch. That beautiful Rolex Day platinum 41 millimeter with a ice blue dial. Full set. Full set. Don't pay more than $45,000.
Don't pay more than 45. You pay 48, you pay 47, you're a lollipop sucker and you deserve to get flip flat. All right, there it is, ladies and gentlemen. Our next watch, ladies and gentlemen, watch this one. Is a Rolex white gold GMT Pepsi with a meteorite dow reference number 126719 BLR.
B LR O 40 mm meteorite right now 126719 B LR O 40 mm don't pay for that watch I don't care if they're telling you 64 65 61 59 I don't care what they're telling you I don't care I don't care what they're telling you don't pay for that watch and I mean don't pay for that watch more and it's dropping and it's dropping don't pay more than $53 $3,000.
Don't pay more than $53,000.
You do whatever you want. And ladies and gentlemen, this watch, this is our last watch market update of the evening. This is a Rolex stainless steel son. Some somebody else asked me for this and I'm giving it to them. I'm a blind to what they asked me for. You know, you wanted this watch. Mark it up there. Here it goes. Rolex stainless steel Daytona 40 millimeter. The new repeat the new reference number the 126500 LN 40 mm 40 mm 40 mm and I'm going to tell all of you you do whatever you want. I'm choking myself guys feel better now.
Don't pay for that watch. You do whatever you want. It's your money. You do whatever you want. It's your money.
Don't pay for that watch. More than $29,500 and dropping faster than Bill Clinton's pants in Arkansas farmers. You know, in behalf of me and Sweet Kino, we want to say thank you once again for joining our live stream, you know. And I hope you guys learned something and you got a lot of knowledge on chapter 69. Like we say always, take care and brush your hair.
Good night, guys.
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