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0:00

Intro

1:50

Collect Conversations

5:00

First Year Watches

10:30

Moon Swatch

16:40

Vintage Watches

19:15

Patek Philippe

27:50

Wrist Chats

28:35

Second or Third Choice

30:20

Rapid Purchases

33:10

Cheap Watches

34:20

Stolen Watches

37:40

Buy The Seller

39:10

Red Flags

42:50

Service

46:30

Wrist Shots

Introduction to ASP.NET Core MVC in C# plus LOTS of Tips

Introduction to ASP.NET Core MVC in C# plus LOTS of Tips

Channel: IAmTimCorey

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00:00:00

foreign

00:00:03

[Music]

00:00:11

hi I'm Tim welcome to watch box and

00:00:13

thanks for logging on this is watches

00:00:16

tonight Sean is on the switcher this

00:00:18

evening we chat in expanded format we

00:00:21

talk about how to buy a watch and how

00:00:23

not to buy a watch personal experiences

00:00:25

ahead and I share your wrist Shots

00:00:27

tonight on watches tonight if you

00:00:30

haven't seen me on Instagram check it

00:00:31

out you've seen the long video which is

00:00:33

watch us tonight the short video which

00:00:35

is the review this is the one minute

00:00:38

video which is exclusive to Instagram

00:00:40

2500 videos and Counting you can binge

00:00:44

watch my Instagram account and I only

00:00:46

put up the best stuff so check me out

00:00:48

Tim underscore maso on Instagram we have

00:00:51

arto Charles from New York City Edward

00:00:53

leddon of Sweden Joe pinton from

00:00:55

Louisville Soma R Enrique Casiano

00:00:57

greetings from Brazil tonight Mateo C

00:01:00

Marquez from Brooklyn we got Jim Millett

00:01:03

a regular on the Facebook group Robert

00:01:05

Anders from my old haunt in Long Island

00:01:07

McWater from the Netherlands staying up

00:01:09

late Miroslav from the Balkans staying

00:01:11

up late likewise John a from Wales UK we

00:01:15

have Jared we have bio we have Ren's

00:01:18

side we have dietch we got Sean and we

00:01:21

have Michael welcome guys good to see

00:01:23

you this evening I want to remind you we

00:01:25

still have one or two slots left for our

00:01:28

collector conversations uh mid to late

00:01:31

fall at this point we're almost booked

00:01:33

up the casting call on the show has gone

00:01:35

really really well but if you're

00:01:37

interested in talking to me sometime

00:01:38

around

00:01:40

November early December definitely reach

00:01:42

out to Monday mailbag at the

00:01:44

watchbox.com if you're in the Northeast

00:01:46

we will find a way to make it work on

00:01:49

watchbox Studios and collect

00:01:50

conversations you're the star all right

00:01:52

fewer risk shots number one Michael K is

00:01:55

in Latin America with his Patek Philippe

00:01:58

5961a oh my gosh it's the ebony dial

00:02:00

that is the one owned and purchased from

00:02:03

watchbox so thank you for trusting our

00:02:04

company David F goes for a walk with his

00:02:07

Patek Philippe 5212a weekly calendar

00:02:10

looking good on a delug strap Tom B hits

00:02:13

the street with his Automotive inspired

00:02:15

Patek Philippe calatrava 6006g it's a

00:02:18

very Patek wrist shot tonight Tariq H

00:02:21

appreciates his 5726a Nautilus annual

00:02:24

calendar just like our own friend Drew

00:02:27

koblitz on a orange rubber strap looking

00:02:29

good by the way if you haven't seen the

00:02:31

collector conversation with Drew check

00:02:33

it out watches and cars all in one

00:02:35

Daniel R

00:02:37

and is Patek Philippe Aquanaut 5066a

00:02:40

catch view in sanham Sweden guys senior

00:02:43

Rusty Monday mailbag at the watchbox.com

00:02:46

to see your wrist on my list who's

00:02:48

joining in here we have Abdul from

00:02:50

Germany we have John Goodman from

00:02:53

Montana we have Vegas player who I'm

00:02:55

assuming is in Las Vegas Mason won

00:02:58

joining from the UK Abdul actually says

00:03:00

he's in Egypt this week I see that David

00:03:02

G from California watching this instead

00:03:05

of working you're the man what else is

00:03:07

going on in the box we have Scott T just

00:03:10

bought a 5296 G from watchbox thank you

00:03:13

so much for trusting our company send me

00:03:14

a wrist chat I'd love to see it and of

00:03:16

course John and joining in a long time

00:03:18

viewer mirrored on golage welcome so how

00:03:21

to buy and not buy a watch this is an

00:03:25

evolving topic I've shot this episode in

00:03:28

the past but more gets learned all the

00:03:30

time first because I'm in the industry

00:03:32

second because I got a lot of friends

00:03:33

who are collectors and third because I'm

00:03:35

constantly shopping and evaluating

00:03:37

waiting myself and it is a learning

00:03:39

experience it's a journey not a

00:03:41

destination so my experience in the

00:03:44

watch industry admittedly has been

00:03:45

entirely on the retail side I don't work

00:03:47

for a manufacturer or have any real

00:03:50

paths becoming a full-time watchmaker at

00:03:52

watchbox although they do give me some

00:03:54

ongoing education there my collecting

00:03:56

Journey consists of years of quiet

00:03:59

punctuated by Rare additions all of

00:04:03

which is to say I'm not that high

00:04:04

turnover guy but I see thousands of

00:04:06

transactions per year at both wholesale

00:04:09

and retail prices I watch every online

00:04:11

platform where watches are sold and I

00:04:14

probably spend more time on those

00:04:16

platforms than I spend with some members

00:04:18

of my family and friends I'm in contact

00:04:20

with hundreds of collectors around the

00:04:22

world on a continuous basis so I have

00:04:24

input from all of them in other words

00:04:27

I've experienced 100 lifetimes of buying

00:04:29

and selling watches even though I am not

00:04:31

myself a prolific collector sorry about

00:04:34

hitting the mic there guys tonight I'm

00:04:36

offering my advice device regarding

00:04:38

common mistakes and successful

00:04:39

strategies experienced by collectors of

00:04:42

luxury grade watches all right we have

00:04:45

run side liking the Patek fever and the

00:04:48

wrist shots right there Abdul saying

00:04:50

protects all over don't worry guys I mix

00:04:52

it up a little bit more later I just

00:04:53

couldn't resist having a Patek block so

00:04:56

let's talk about one of the biggest

00:04:58

mistakes that people make when buying

00:05:00

watches which is buying the first year

00:05:03

of a hot model now you've heard this

00:05:05

said about cars and in general that

00:05:08

primarily implies that new cars aren't

00:05:10

sorted and reliable as they'll be after

00:05:13

a couple of years of production and yes

00:05:15

Lucid Tesla rivian I am talking about

00:05:18

you guys most but not exclusively

00:05:20

sometimes first year cars are also very

00:05:22

hot to the point that that first year

00:05:25

sports car or luxury SUV might be wait

00:05:28

listed there might be markups even at

00:05:30

the dealer level

00:05:31

but with watches you tend to see watches

00:05:35

that are going to flare and flame out do

00:05:37

so very quickly usually within 12

00:05:39

calendar years and I should also mention

00:05:42

that if you want to know why we often

00:05:44

say don't buy the first year car we owe

00:05:46

a thanks to the 1957 Chrysler lineup

00:05:50

famously awful that is where that rule

00:05:52

of thumb came from but I digress well

00:05:55

there can be some running improvements

00:05:57

throughout the life of a watch they

00:05:59

generally come to Market better sorted

00:06:01

than cars which are in the end much more

00:06:03

complex products plus watches can always

00:06:05

be updated down the line during a

00:06:07

subsequent service with new parts no no

00:06:10

the real reason to avoid buying a first

00:06:12

year watch is the markups for every

00:06:15

Rolex Daytona the trades both list price

00:06:17

in perpetuity there are a hundred other

00:06:20

models that run strong for the first

00:06:22

year maybe their first 18 months and

00:06:26

then they lose steam afterwards and and

00:06:28

that is definitely the exception rather

00:06:31

than the rule Rolex is a unique beast at

00:06:34

least when it comes to sports watches we

00:06:36

will see there are even cases where

00:06:37

Rolex watches tail off after the initial

00:06:40

model year so

00:06:43

the real reason that I want you guys to

00:06:46

consider all of the following watches is

00:06:49

that every single one is an Exemplar of

00:06:52

something that was white hot and then

00:06:54

not so critically each one of these is

00:06:58

now available all day long new and used

00:07:01

at below MSRP prices starting with the

00:07:05

2013

00:07:06

Omega Speedmaster Moon watch Dark Side

00:07:08

of the Moon for a hot minute both for

00:07:10

this one and the following Year's gray

00:07:12

Side of the Moon

00:07:13

Omega learned what it was like to have

00:07:15

Rolex wait lists to be able to sell

00:07:17

watches at list price even out of the

00:07:20

dealer this was red hot but again by the

00:07:23

time the gray side arrived the wait

00:07:25

lists were already abating we were

00:07:27

starting to see them on eBay we were

00:07:29

starting to see them on a much earlier

00:07:30

version of Chrono 24 and if you waited

00:07:34

just a little bit you were no longer

00:07:36

begging the dealer for an allocation or

00:07:39

offering to pay some guy to buy it used

00:07:41

for above list you're getting this thing

00:07:43

fairly easily and discounted but wait it

00:07:46

happens at Rolex 2 the 2017 Rolex

00:07:49

Cellini moon phase for a brief moment it

00:07:52

looked like this was going to be the

00:07:54

watch that finally made Cellini a thing

00:07:56

gorgeous unusual the first Rolex moon

00:07:59

phase watched since the 1950s 39

00:08:02

millimeters Red Gold very wearable an

00:08:05

enamel moon phase with a meteorite Moon

00:08:07

disc oh my God it was fantastic and for

00:08:10

about I don't know 12 months there were

00:08:13

wait lists there were markups people who

00:08:15

had them up on Chrono could get premiums

00:08:17

and then the bottom just fell out

00:08:20

suddenly people lost interest folks

00:08:23

realized that every Cellini before this

00:08:25

one was available for pennies on the

00:08:27

dollar so why should this be any

00:08:30

exception and we saw very quickly that

00:08:32

anyone who wanted one was able to get

00:08:34

one with very little difficulty

00:08:37

Breitling

00:08:38

we're doing the luxury three here Omega

00:08:41

Rolex and Breitling back in 2021 it

00:08:44

seemed like the George Kern era at

00:08:46

Breitling was finally hitting its stride

00:08:48

watches that would at last make

00:08:51

Breitling watches desirable the kind of

00:08:53

watches people wanted to buy at list

00:08:55

price the kind of watches that would be

00:08:57

allocated to dealers and they would know

00:08:59

how many they got per year and then no

00:09:01

more there would be a Mystique and an

00:09:04

aura and a magic a sort of exclusivity

00:09:07

Halo glow around Breitling watches led

00:09:10

by the premier b09 pistachio dial and it

00:09:14

had everything going on no date dial

00:09:16

ahead of the curve green manual wind 40

00:09:21

millimeters stainless steel syringe

00:09:23

hands what could go wrong well for about

00:09:26

a year nothing dealers were telling me

00:09:29

they were getting one two maybe three

00:09:30

even in major markets and yet now if you

00:09:34

look on Chrono 24 discounted all day

00:09:37

long used watches up to here and you can

00:09:40

get them for thousands less than retail

00:09:41

and Retail frankly wasn't that high so

00:09:45

proof that gravity does apply even to

00:09:47

very hot watches that play to the meat

00:09:50

of the market watches that design wise

00:09:52

did everything right so Zenith same year

00:09:55

as the Breitling the 2021 chronomaster

00:09:58

sport very controversial because it

00:10:00

looks a lot like a Rolex Daytona but

00:10:02

also very popular initially because it

00:10:04

looks like a Rolex Daytona and Zenith

00:10:07

started doing the same thing brightly

00:10:08

had been doing allocations to dealers

00:10:11

you're only going to get so many offer

00:10:13

it to your best customers no discounts

00:10:15

that sort of thing and wherever used

00:10:17

watches were sold including for a brief

00:10:19

period watch box you would pay list or

00:10:21

even a little bit above if you wanted to

00:10:23

own that watch right now without waiting

00:10:25

and of course

00:10:26

plenty of inventory today finally a

00:10:29

watch that was an absolute phenomenon

00:10:32

the 2022 Moon Swatch the idea of taking

00:10:36

a

00:10:37

Omega Moon watch aesthetic and making it

00:10:41

in a Swatch package with colors and

00:10:44

Plastics and velcro straps

00:10:47

fun yes but I didn't get how people were

00:10:50

paying 2 500 for these used that made no

00:10:54

sense in the context of like a 265

00:10:57

dollar watch back in 2022. well now the

00:10:59

270 dollars but here's the thing they

00:11:02

can be found on eBay where previously

00:11:04

they went for four figures and a lot of

00:11:07

those prices 275 263 250. that's retail

00:11:12

or thereabouts the bubble has popped if

00:11:16

you bought that thing for twenty five

00:11:17

hundred dollars a year ago

00:11:20

I hope you've got money to burn because

00:11:22

you just burned it all right

00:11:24

let's talk about what's going on in the

00:11:26

Box Abdul saying the moon Swatch craze

00:11:29

was definitely Madness and I have to

00:11:31

agree with that for what was essentially

00:11:33

a

00:11:35

battery-powered plastic watch

00:11:38

that I'm almost certain Swatch can make

00:11:40

for 10 bucks it was shocking and as late

00:11:45

as last fall when I went to Zurich and I

00:11:48

went to the Swatch store in Zurich there

00:11:50

was a line around the block waiting to

00:11:52

get in there to buy the moon Swatch

00:11:54

there was a huge Distortion in the

00:11:57

average wholesale value per unit of

00:12:00

watch exported from Switzerland last

00:12:03

year because they had almost 900 000

00:12:05

Moon swatches made

00:12:08

and yet there were only 15.8 million

00:12:11

Swiss watches of every description made

00:12:14

that year so for the first time since

00:12:16

the Smartwatch Onslaught we saw this

00:12:19

surge of Swiss watches priced under 300

00:12:22

will it last I don't think so based on

00:12:25

what we're already seeing on eBay and I

00:12:27

don't think that occasional special

00:12:29

editions like the new moonshine gold

00:12:32

Swiss National Day Moon Swatch are

00:12:34

really going to move the needle just

00:12:36

like the system 51 back in 2013 there's

00:12:39

going to be a surge a slump and

00:12:41

gradually we will find out what the

00:12:43

sustainable demand is will it always be

00:12:45

fun yes will it always be a scarce

00:12:48

commodity no and I think already we've

00:12:50

reached the point that it is not what

00:12:52

else going on some are Tim Duo graph

00:12:55

rose gold love the double Chrono versus

00:12:57

Navi

00:12:59

b0143 rose gold hmm

00:13:03

that is a great question I find the duo

00:13:07

graph a more interesting watch I think

00:13:10

the b01 though is a very appealing piece

00:13:13

since it is in a navitimer platform and

00:13:16

at the end of the day I've got a soft

00:13:18

spot for the Nava timer because it's

00:13:20

such a niche watch to be an icon of a

00:13:22

brand watches like the Submariner and

00:13:25

the calatrava and the reverso and the

00:13:27

moon watch are popular and successful

00:13:29

and iconic and they sell on mass whereas

00:13:33

something like the navitimer being so

00:13:35

highly Technical and unusual is always

00:13:37

going to be a little bit of an inside

00:13:39

baseball watch so I love the navi rose

00:13:42

gold is not my thing but it might be

00:13:43

yours if you're into that I'm actually

00:13:45

going to recommend you go for the

00:13:46

navitimer see if you can find one a

00:13:48

little bit smaller though with 41 or

00:13:50

something along those lines unless you

00:13:52

like the bigger watch size what else is

00:13:54

going on Jim Miller saying still hard to

00:13:55

get the moon Swatch in the UK a

00:13:57

apparently eBay is your friend and it

00:13:59

might be model dependent I showed you

00:14:01

the mission to Mars which is very

00:14:02

popular probably one of the most

00:14:04

numerous Mason one cent I was never

00:14:06

interested in the moon Swatch Moon watch

00:14:08

yes Moon Swatch no and then we have a

00:14:12

little discussion about whether the

00:14:14

Seiko 5 can be serviced yes and I've

00:14:16

seen it done we have Amit asking well I

00:14:19

wanted to buy a Patek 6119g should I buy

00:14:22

from Boutique A.D would it be a bit

00:14:24

better priced on secondary markets Pros

00:14:26

or cons of a d versus secondary the good

00:14:29

news is Google is your friend you know

00:14:31

what it costs because on the Patek

00:14:33

website they show you the retail price

00:14:34

and that is the price the protect dealer

00:14:37

will charge but if you go on Chrono

00:14:39

watch box and other platforms that sell

00:14:41

pre-owned watches you can see what the

00:14:43

going rate is and this is the kind of

00:14:45

thing where no matter where you are in

00:14:47

the world it's going to be very similar

00:14:48

we ship internationally so do many of

00:14:50

our Rivals and of course Chrono dealers

00:14:52

sell all over the place so take a look

00:14:54

remember the watch is still new enough

00:14:56

that many of them will be under warranty

00:14:58

although honestly with the two-year

00:15:00

warranty Patek offers some of the

00:15:02

earliest versions may all already be out

00:15:04

of warranty I would pay a little bit

00:15:06

more to get a watch that is still

00:15:07

covered what else is going on there

00:15:09

Carlos see you soon Tim bring the green

00:15:11

glasses please well definitely that'll

00:15:14

be a lot of fun the green glasses do

00:15:16

travel with me just no longer on my head

00:15:18

now that I wear aluminum frames they

00:15:20

fall off and they Crush my hair what

00:15:22

else is going on in there we have Martin

00:15:24

lawber we have Alan C we've got Mark s

00:15:27

saying he had to get rid of his 50 50.

00:15:29

Crown was too uncomfortable I'm guessing

00:15:32

that is not a Patek Philippe 50 50 right

00:15:35

there we have Andrew T Tim what is your

00:15:37

opinion of the navrel five-minute

00:15:39

repeaters with the Dubai depressed

00:15:40

module can be a good affordable option

00:15:42

to get into the world of repeaters yes

00:15:44

but make sure you got some sort of setup

00:15:46

for servicing that I believe a version

00:15:49

of the navrel was used by chronoswiss

00:15:51

for a long time so I would say go out

00:15:54

and find one of the examples from

00:15:55

chronoswiss in a steel case without

00:15:57

diamonds and you'll get the best version

00:15:59

of all of that we have

00:16:02

Mr Paradigm 1981 was a fan of the Patek

00:16:06

calatrava 6007 G you mean

00:16:11

6006g no 6007 G that's true it started

00:16:14

as an A and now there are three white

00:16:16

gold models this yellow this blue and

00:16:18

they're red they're tough to wear

00:16:20

they're bigger than you think I'm just

00:16:21

going to throw that out there all right

00:16:23

continuing with big mistakes and

00:16:25

guidance don't buy a naked watch unless

00:16:28

you understand the consequences and this

00:16:30

is a very serious thing many folks look

00:16:32

for discounts but purchasing watches

00:16:34

without box papers or both and I'll be

00:16:36

honest this strategy does have its place

00:16:38

here's when it's appropriate let's go

00:16:40

over that first vintage watches with

00:16:43

watches older than 1990 there's rarely

00:16:45

an expectation that you're going to get

00:16:47

all this stuff because historically

00:16:49

people didn't save it the watch hobby as

00:16:52

a thing was much less well established

00:16:54

before 1990 and folks never imagined

00:16:57

that they were going to be selling the

00:16:58

watch on some Global Internet platform

00:17:00

to a guy in Hong Kong who is going to

00:17:02

want their original packaging also with

00:17:05

vintage watches condition and

00:17:07

originality are everything don't hold

00:17:09

out for a box if you're getting original

00:17:11

hands dial and an unrefinished case also

00:17:14

watches that have a comparatively low

00:17:16

value you know we talk about Seiko 5 but

00:17:18

this also goes for a lot of low end

00:17:20

nomos and Tag Heuer type watches longine

00:17:24

tiso medo 10 15 percent of one thousand

00:17:29

to two thousand bucks is not the end of

00:17:31

the world when it comes time to sell

00:17:32

that watch I don't think you're going to

00:17:34

miss the 100 to 200 it's not going to be

00:17:37

a make or break type thing and then

00:17:38

watch as you plan to keep forever as

00:17:41

long as you are confident in the

00:17:43

condition mechanical integrity

00:17:46

authenticity and originality if you're

00:17:48

going to buy that watch and own it

00:17:50

forever it's like you don't care about

00:17:51

the resale value of a Jaguar if you know

00:17:53

you're going to keep it until you die

00:17:55

and you don't care about the box and

00:17:57

papers of a well-preserved authentic

00:17:59

watch if you're just gonna wear it until

00:18:01

you're dead so that's when it's

00:18:03

appropriate to not get a watch with box

00:18:05

and papers but I would ask for a full

00:18:07

set with a modern Rolex watch and I'll

00:18:09

be honest to you right now the hit

00:18:12

you're going to take is only somewhere

00:18:13

between 10 to 15 percent if it's

00:18:15

something like this like a 116 500 Ln

00:18:18

it's going to be somewhere between one

00:18:21

thousand and two thousand dollars versus

00:18:23

what you would have gotten for the watch

00:18:25

if it had been completely intact and

00:18:27

that's in the context of a watch with a

00:18:29

pre-owned value between like thirty and

00:18:31

thirty five thousand dollars the whites

00:18:33

the white dials are worth more black

00:18:36

dial for some reason less common not

00:18:38

worth quite as much but in either case

00:18:40

you're looking at somewhere between 10

00:18:41

and 15 percent it's not utterly crushing

00:18:44

in the context of the total value of the

00:18:47

watch and some have even said to me that

00:18:48

it's more likely to be like a one

00:18:50

thousand to two thousand dollar flat

00:18:52

penalty rather than a true scalable

00:18:54

percentage so you can't necessarily

00:18:56

extrapolate

00:18:58

but Rolex is a mass Market manufacturer

00:19:00

so if you do want to set your watch

00:19:02

apart at resale time from the tens of

00:19:05

thousands of others on the market it

00:19:07

does help to have a full set you're

00:19:09

going to be in a crowded Market in small

00:19:11

distinguishing factors can make a

00:19:12

difference okay Exotics suffer a lot

00:19:15

more so let's talk about Patek Philippe

00:19:18

they make it clear when you go on their

00:19:20

website that they will not restore a

00:19:22

certificate of origin doesn't matter who

00:19:24

you are doesn't matter what you pay them

00:19:26

it's definitely not the same as an

00:19:28

extract from the archives the

00:19:30

certificate of origin is the birth

00:19:32

certificate of your watch and it's worth

00:19:34

more than everything else among the box

00:19:37

and papers I can't tell you how many

00:19:39

people have bought monster watches like

00:19:42

Patek 5207ps and 5208 Grand

00:19:45

complications they strolled out the door

00:19:47

after paying cash they never thought to

00:19:50

get the box the papers the accessories

00:19:52

and most importantly the certificate of

00:19:54

origin which is the one thing you can't

00:19:56

rebuild by buying up Patek accessories

00:19:59

on eBay often I have to admit this

00:20:02

happens when people buy watches on

00:20:04

vacation or go to a watch tourism Locale

00:20:07

like New York City Miami Hong Kong

00:20:09

Singapore Zurich or Dubai they don't

00:20:12

want to carry the package it's too much

00:20:15

to add to their luggage or they don't

00:20:16

want to have problems with Customs at

00:20:19

the airport or they simply forget to

00:20:21

give the dealer the forwarding address

00:20:22

for the set and this is a big deal

00:20:25

because when you're talking about Patek

00:20:27

Philippe we do talk about like a flat

00:20:29

percentage of what you're going to lose

00:20:30

and from a truly desirable model

00:20:34

you know you could be talking up to 20

00:20:36

percent so if we're looking at a 5207p

00:20:39

that's worth between 800 000 and 12 well

00:20:42

one million two hundred thousand dollars

00:20:46

at twenty percent off of that is quite a

00:20:48

haircut now we're talking big league

00:20:49

money and even for the kind of person

00:20:51

who can afford that watch it's going to

00:20:53

be hard to stomach losing 20 percent of

00:20:56

1.2 million because you didn't give the

00:20:58

dealer a forwarding address for a box

00:21:01

something to think about now the more

00:21:03

specialized the watch the more

00:21:05

particular

00:21:07

the type of buyer and the more he's

00:21:10

going to insist on getting a retail-like

00:21:12

package of papers and accessories so

00:21:15

when you're selling a watch like this

00:21:16

rest assured the guy who wants it is

00:21:18

going to ask and he's going to care and

00:21:21

sometimes it can be a little bit unclear

00:21:23

what percentage you're going to suffer

00:21:24

but you can deduce from the price of the

00:21:27

accessories online how much you will

00:21:30

lose from The Collection like FP Jordan

00:21:32

boxes from what I've been told to

00:21:34

understand fpjorn box is cost between

00:21:37

five thousand and ten thousand dollars

00:21:39

depending on the size the era and if

00:21:42

they are model specific whether they're

00:21:45

special edition oriented so the idea of

00:21:47

paying five to ten thousand dollars for

00:21:49

a box is pretty obnoxious to me but it

00:21:51

gives you some sense of what's going to

00:21:52

be deducted from the price you can get

00:21:54

for that watch when the time comes for

00:21:56

selling and also like me you'll start to

00:21:59

feel the way I feel about naked watches

00:22:01

I feel the same way I feel about a

00:22:04

polished watch or a watch with scratched

00:22:06

off sir real numbers it grates on you

00:22:09

over time and kills the buzz and I can

00:22:11

tell you I absolutely hate the idea of

00:22:14

an over polished poorly preserved or

00:22:16

naked watch as a collector now I would

00:22:18

never buy a watch like that and I know a

00:22:21

lot of you feel the way I do

00:22:23

think about a car with a Carfax that

00:22:26

says the car was hit and repainted and

00:22:29

repaired and it was done at Joe schmoe's

00:22:31

Corner body shop and I'm looking at this

00:22:34

new seven series or Mercedes S-Class or

00:22:36

G-Wagon I'm thinking this thing is

00:22:39

already dead to me and that's sort of

00:22:41

how I feel about naked watches and badly

00:22:43

refinished watches and yes I am starting

00:22:45

to group those two things together I had

00:22:48

some jlc watches without all that kit

00:22:50

and I can tell you my relationship with

00:22:52

those watches declined over time as I

00:22:54

became a more Discerning discriminating

00:22:56

and experienced collector and what

00:22:59

seemed acceptable when I was less

00:23:01

experienced seemed more and more

00:23:03

revolting as time went by so keep that

00:23:06

in mind that's definitely something you

00:23:07

need to think about when buying a watch

00:23:09

and a lesson I've learned so this is a

00:23:12

cautionary tale so you don't have to

00:23:13

retrace my steps you already know not to

00:23:16

go for it BNS saying I guess that 20 on

00:23:19

a one million dollar watch will never be

00:23:21

a problem of mine

00:23:22

well that's a problem I won't have

00:23:24

either so you're in good company what

00:23:26

else is going on 24 degrees what are

00:23:28

your thoughts I'm already fed up with my

00:23:29

Rolex Submariner I had it for two years

00:23:31

I'm trying to exchange it for a vintage

00:23:33

Rolex day-date well just your

00:23:35

expectations about durability because

00:23:37

depending on how old that day date is

00:23:39

you might not even want to get it wet

00:23:40

also Day dates by definition or precious

00:23:42

metal so if you've gotten used to the

00:23:44

durability of a Submariner especially

00:23:46

with a ceramic bezel you're going to

00:23:48

want to really think twice about how and

00:23:49

where you wear the day-date also frankly

00:23:51

with vintage Day dates you do start to

00:23:53

find that bracelet stretch is an issue

00:23:55

so double check that before you sign for

00:23:58

anything or you write a check also with

00:24:00

older date AIDS if you want to get

00:24:01

something that's got a lot of

00:24:03

collectible potential try to find a

00:24:05

double quick set tri-dore without

00:24:06

diamonds on the dial that'll be a really

00:24:09

really collectible piece highly

00:24:11

discontinued

00:24:13

unconventional hard defined condition is

00:24:16

everything with data H2 being precious

00:24:18

metal they wear down quickly never mind

00:24:20

refinishing I I think Day dates are

00:24:22

awesome just make sure you adjust your

00:24:24

expectations for a relatively delicate

00:24:26

older precious metal dress watch versus

00:24:29

a hardcore sports watch in your

00:24:31

Submariner Randy Allen been considering

00:24:34

a cradle or chronograph what's your

00:24:35

opinion I'm concerned about servicing

00:24:38

yeah that's going to be a thing you may

00:24:40

have to send it back to Japan there's a

00:24:42

lot of crater in the Japanese Market

00:24:43

that doesn't exist externally so things

00:24:46

like chronographs travel watches not the

00:24:49

micro artist studio Patek like things

00:24:52

we're used to seeing from crador in the

00:24:53

United States and Europe and I think the

00:24:56

most important thing is going to be

00:24:57

condition and recent service

00:25:00

documentation if you are worried about

00:25:02

sending it for service it would be nice

00:25:04

to have the peace of mind that you won't

00:25:05

have to deal with that for a couple of

00:25:07

years whereas if the watch is a couple

00:25:09

of years old and it hasn't been back for

00:25:11

service you might want to call Sega and

00:25:13

figure out what the arrangement is for

00:25:15

one of those if you want to have it

00:25:17

serviced from a U.S or european base

00:25:19

like if you live in the US or Europe so

00:25:21

that's something to consider Martin S I

00:25:23

like dressy VC watches but I just don't

00:25:26

get how they can ask that much I would

00:25:28

only buy them used Easter week American

00:25:30

1921 is my favorite yes vacheron resale

00:25:34

is pretty awful the one exception is the

00:25:37

overseas of course and then really

00:25:41

I think the dress watches are a great

00:25:44

opportunity you will pay more for a

00:25:46

1921. I really like the midsize 1921

00:25:49

though I think that's a fantastic option

00:25:51

that's often overlooked what else is

00:25:53

going on Abdul is saying tridor is on my

00:25:55

list hopefully 2024 and then we have

00:26:00

Mason once in a few years back about a

00:26:02

navitimer box and warranty cords so I

00:26:05

took to eBay to reassemble the manuals

00:26:08

training disc and everything to make a

00:26:10

full set just me being a completionist

00:26:13

that's okay I would do the same thing we

00:26:15

have StageCoach saying I love the VC

00:26:17

green tourbillon VC green and tourbillon

00:26:20

are all good things what else is going

00:26:22

on in the box right here we have

00:26:26

ah is the Rolex see does does Rolex CPO

00:26:30

count as naked you know it's interesting

00:26:32

because it's such a new thing it hasn't

00:26:34

really been rolled out yet but I guess

00:26:35

we're going to be finding out more and

00:26:36

more about what kind of documentation

00:26:38

you get at the very least you will get a

00:26:41

bunch of CPO documentation that verifies

00:26:45

the watch is authentic that the watch is

00:26:49

in good running order that the watch has

00:26:52

been blessed by a Rolex dealer so I

00:26:54

would say if you've got the CPO

00:26:56

documentation you're probably okay I

00:26:58

would be very surprised though if

00:27:00

something came in CPO without a full set

00:27:03

I I think you could probably internally

00:27:06

as the CPO dealer reconstruct a lot of

00:27:09

that history especially if the watch is

00:27:12

still under warranty remember the watch

00:27:14

has to be older than three years but the

00:27:17

Rolex warranty is five years so that's

00:27:18

something to think about right there

00:27:20

plus I know that Rolex dealers have

00:27:22

plenty of boxes and manuals so if that's

00:27:24

all you need that can add absolutely be

00:27:26

reconstructed we have Hugo asking what

00:27:29

do you think of the ball path 50

00:27:30

fathom's annual calendar frankly I'm

00:27:33

still kind of waiting to find out what

00:27:36

the definitive Next Generation 50

00:27:38

Fathoms is going to look like after all

00:27:40

of these 70th anniversary special

00:27:43

editions I just want to know what

00:27:45

replaces the 50 15 please just tell me

00:27:48

what replaces the 5015 what does it look

00:27:50

like and what's it going to cost all

00:27:52

right jumping back to our regularly

00:27:54

scheduled program with some wrist chats

00:27:56

more so R appreciates the unconventional

00:27:59

beauty of the Elise Norden freak X Bob J

00:28:02

captures the blonde path 50 Fathoms

00:28:04

bathyscaf ceramic in Monastery Beach

00:28:06

California James S where's his brege

00:28:08

Marine in the marine environment off

00:28:10

Iceland with humpback whales always nice

00:28:12

to see Thomas P is off Dorset England

00:28:15

with his jlc reverso that is new to him

00:28:18

and uptick and his Rolex Explorer

00:28:20

appreciate the atomium in Brussels

00:28:23

Belgium senorous shots to Monday mailbag

00:28:25

at the watch box.com to see your watch

00:28:27

on this box all right guys let's keep

00:28:30

this thing rolling let's talk about

00:28:32

mistakes made when purchasing watches

00:28:34

never buy your second or third choice I

00:28:37

shot last week's show about higher value

00:28:40

alternatives to Hype watches my

00:28:43

intention was to introduce watches that

00:28:45

you might find just as appealing for

00:28:47

less money if you want a nautilus and

00:28:50

not a Cartier then buying the car key

00:28:52

means you're going to wind up with it

00:28:54

and the Nautilus inevitably my idea was

00:28:57

to show you something you might enjoy

00:28:59

just as much but if you know you're not

00:29:02

and you've got your heart set on the

00:29:03

Nautilus pay the sixty nine thousand

00:29:05

dollars and wait in line at the dealer

00:29:07

because you will wind up paying the

00:29:09

sixty nine thousand dollars for the

00:29:10

Patek and the seven thousand seven

00:29:12

hundred and fifty dollars for the

00:29:14

Cartier you're gonna buy twice and

00:29:16

you're going to have regrets and then

00:29:17

you're going to have another watch

00:29:18

floating around that you don't love and

00:29:19

don't wear so if you're absolutely sure

00:29:22

that's one of those times when I don't

00:29:24

want you to try to substitute shoot a

00:29:26

high value alternative for a hype watch

00:29:29

the Cartier alternative idea only works

00:29:31

if you feel like you've discovered a way

00:29:34

to have the same fun for less money

00:29:37

if you don't have as much fun with the

00:29:39

alternative watch then you're going to

00:29:41

wind up buying two three or as many

00:29:44

times as necessary to own the watch you

00:29:46

really wanted in the first place so

00:29:49

between the watch that you buy and the

00:29:50

watch that you want there's going to be

00:29:52

a lot of wasted money settling isn't the

00:29:55

same thing as finding an equally

00:29:56

appealing alternative that costs less

00:29:58

that's what I wanted you to do I didn't

00:30:00

want you to settle my intention isn't to

00:30:03

suggest that you buy a watch you flat

00:30:05

out don't love oh

00:30:07

okay this is another one and it's a huge

00:30:10

mistake collectors make especially in

00:30:12

the world of Rolex where if you have the

00:30:14

money you can go out and buy whatever

00:30:16

you want because there's a ton of them

00:30:18

and the supply is flush never attempt to

00:30:21

run the table with purchases and by that

00:30:24

I mean get into this daisy chaining of

00:30:27

Rapid purchases a lot of people know

00:30:29

three four five watches out how they're

00:30:32

going to continue their collection and

00:30:34

the biggest mistake people make when

00:30:35

they have the ability to write the check

00:30:37

and the plan in place is that they start

00:30:39

buying the watches rapid fire and they

00:30:42

fail to savor the moment to build

00:30:44

memories around each one of those

00:30:46

watches and to enjoy what I consider to

00:30:49

be the most pleasurable part of buying a

00:30:51

watch learning discovering talking to

00:30:54

other people who have experience who are

00:30:56

experts on forums and at watch clubs and

00:30:59

watch Enthusiast meetups I want to learn

00:31:01

if I'm going to buy a reverso and a

00:31:04

navitimer and a moon watch and a

00:31:06

Submariner I wanna absolutely immerse

00:31:09

myself in the history and the legend and

00:31:11

the lore of all of those I want to learn

00:31:14

about every generation I want to learn

00:31:16

about the obscurities and the weird

00:31:18

Niche models I want to learn about all

00:31:21

the special editions that came out over

00:31:23

the years or the models that might be

00:31:25

difficult to find a comex Submariner a

00:31:28

Brazilian domestic Market reverso

00:31:31

perhaps some sort of moon watch that has

00:31:34

a rare cosc chronometer certification

00:31:36

from the early 90s that process of

00:31:39

discovering your watch will lead you to

00:31:42

fall more deeply in love and then by the

00:31:44

time you buy the watch you are

00:31:46

knowledgeable and an authority on the

00:31:49

model you know where the community of

00:31:51

like-minded collectors is so it becomes

00:31:53

just as much experience and Social Club

00:31:55

as an ownership and also frankly I've

00:31:59

always found that a watch that's an

00:32:00

experience more than just a possession

00:32:03

becomes a lot more fun and having built

00:32:06

that whole store York from first

00:32:08

discovery to expertise and purchase now

00:32:11

you've got memories built around this

00:32:13

watch from the moment you put it on your

00:32:15

wrist you're more likely to enjoy it in

00:32:17

the long run whereas if you just buy buy

00:32:19

you're never going to get any of that

00:32:21

and what you're probably going to do at

00:32:23

some point is sell sell that

00:32:25

jackrabbiting from one watch to another

00:32:27

or as I like to say running the table is

00:32:29

the best way to ensure that you feel

00:32:32

like you wasted money shortchanged

00:32:34

yourself and focused more on the

00:32:37

purchase aspect of the watch more than

00:32:39

the experience aspect of the watch

00:32:41

there's also the need to savor the watch

00:32:43

and enjoy it once you get it once you

00:32:45

get that Submariner you know go on a

00:32:47

vacation to the Bahamas attend your kids

00:32:49

graduation or grandson's marriage you

00:32:53

know something like that build a couple

00:32:54

of real world memories around one watch

00:32:57

before you proceed to the next this way

00:33:00

the watch represents yes everything the

00:33:02

watch is but a whole bunch of personal

00:33:04

stuff that's not generic and that I

00:33:06

think is how you find lasting

00:33:08

satisfaction

00:33:09

so

00:33:11

do not buy the cheapest example of a

00:33:15

watch that you can find like I'm looking

00:33:18

perpetually and this is just like one of

00:33:20

my obsessions for the perfect 1990s

00:33:23

eighth generation supercharged Riviera

00:33:26

and that car probably will cost twenty

00:33:28

five to thirty thousand dollars and it

00:33:31

will be blue on blue or green on green

00:33:33

but one things that's for sure is that

00:33:35

if I wanted to go out and spend twenty

00:33:37

five hundred dollars to get a

00:33:38

supercharged 90s Riviera I could do that

00:33:41

right now I could buy 10 of them they're

00:33:43

everywhere super cheap worn out Haggard

00:33:46

and ragged easy to do

00:33:49

High spec condition provenance

00:33:53

outstanding

00:33:55

preservation

00:33:57

much tougher you can go online and find

00:34:00

a super cheap Royal Oak or a super cheap

00:34:02

manual wine Daytona or horrendously over

00:34:06

polished Patek Philippe 1526 perpetual

00:34:09

calendar but you're immediately going to

00:34:11

regret it you'll never enjoy the watch

00:34:13

because it's obviously a compromise it

00:34:16

looks sad and it makes you feel that way

00:34:18

when you're wearing it if you wanted

00:34:20

this

00:34:21

but this is what you got not because you

00:34:25

plan to do a nut and bolt restoration

00:34:26

but because you wanted to get the

00:34:28

cheapest possible mid-60s Mustang you

00:34:31

would absolutely not be getting the

00:34:33

experience you imagined and then you've

00:34:35

actually spent real money but you've

00:34:37

gotten effectively nothing for it and

00:34:39

that's real frustrating and discouraging

00:34:41

and that can sour you on the watch hobby

00:34:43

very quickly if it's rough enough think

00:34:46

an over polished Royal Oak you might be

00:34:49

even embarrassed to show it to other

00:34:50

collectors and then the social aspect is

00:34:52

gone you won't want to take a wrist shot

00:34:54

of that and post it up on a forum or

00:34:56

send it to me here on watches tonight so

00:34:58

don't buy the cheapest one you can find

00:35:00

I I will say this

00:35:04

outcomes get significantly worse from

00:35:07

there

00:35:08

the idea that the cheapest watch is just

00:35:10

going to be ugly is one thing but then

00:35:12

there are other reasons why people

00:35:14

underprice watches something that's too

00:35:16

good to be true usually is oftentimes a

00:35:19

watch that is super cheap is a stolen

00:35:21

watch you've got someone who knows he's

00:35:22

got hot property and he's looking to

00:35:24

Palm it off as quickly as possible by

00:35:27

selling it 20 30 below Market hey when

00:35:30

your acquisition price is zero your

00:35:32

profit margin is huge even if you sell

00:35:34

the watch 30 below market value there's

00:35:37

also the possibility that it's a

00:35:39

counterfeit for the same reason someone

00:35:41

will try a quick turn when he has a

00:35:43

stolen watch someone will attempt a

00:35:45

quick turn when he's selling a

00:35:46

counterfeit watch the quicker he can

00:35:49

Palm it off on you the quicker he can

00:35:51

disappear with your money if he charges

00:35:53

market pricing he's going to start

00:35:55

answering questions about the watch

00:35:57

which is the last thing he wants to do

00:35:59

he doesn't want you asking for boxes

00:36:01

papers invoices close-up photos

00:36:04

counterfeit watches stolen watches often

00:36:07

priced below mark Franken watches and

00:36:09

maybe not in ways that are visible a lot

00:36:12

of Franken watches get priced low

00:36:13

because the collector knows that while

00:36:15

he's selling a Rolex 6239 Paul Newman

00:36:19

Daytona inside it's actually a bunch of

00:36:21

Benrus v72 parts or you might find that

00:36:25

there's some sort of a 1980s Rolex

00:36:27

that's got a bunch of aftermarket

00:36:30

Bridges inside yeah you can find stuff

00:36:32

like that to complete a Rolex movement

00:36:34

aftermarket bridges that fit so you've

00:36:36

got to really be careful about these

00:36:38

super cheap watches because getting an

00:36:40

ugly watch is actually the best outcome

00:36:42

getting a watch that you can never

00:36:44

resell that may have no value or very

00:36:46

little value that also happens there's

00:36:49

only one exception I can really think of

00:36:51

where I know someone bought the worst

00:36:53

cheapest example of a watch on the

00:36:55

market and he was absolutely happy with

00:36:57

it Mark Cho who is the founder of the

00:36:59

Armory and great watch collector in

00:37:01

connoisseur bought the cheapest Patek

00:37:04

Philippe 1526 he could find and I think

00:37:07

it was the 1526 but it was over polished

00:37:10

it was a little bit ragged I think there

00:37:11

was some oxidation on the dial but he

00:37:13

said look I bought it to wear it I

00:37:15

wanted one that wasn't an investment I

00:37:18

wanted one that I could wear in good

00:37:19

conscience and not feel like I needed a

00:37:21

force field around my wrist and so

00:37:23

that's why he bought the cheapest one

00:37:24

but it came from a reputable dealer it

00:37:27

was documented it was mechanically well

00:37:29

serviced in a good running order he

00:37:31

specifically had this idea of a beater

00:37:33

vintage Patek in mind that doesn't come

00:37:36

along too often so unless you're that

00:37:38

particular guy avoid

00:37:40

now do not buy without extensive and

00:37:43

explicit after sales support and a

00:37:46

credible dealer buy the seller is a

00:37:49

common refrain in the watch collecting

00:37:51

world what does it mean in practice well

00:37:53

first Google is your friend you want to

00:37:56

check for reviews and remember you're

00:37:57

looking for patterns not isolated cases

00:38:00

you don't want to be swayed by one guy

00:38:02

who had the greatest experience in the

00:38:04

world or one guy who swears that these

00:38:06

people are criminals and should all go

00:38:08

to jail you want to look at a long-term

00:38:10

history of good reviews I can tell you

00:38:13

from a company that sells thousands of

00:38:14

watches a year every once in a while

00:38:16

there will be one guy who has a

00:38:18

transaction and he feels really bad

00:38:19

about it nothing we do can make it right

00:38:21

amid thousands of people who are very

00:38:24

very satisfied so I would look for

00:38:26

patterns overall excellent reviews

00:38:29

consistently over a period of years or a

00:38:31

good sign that the dealer is credible

00:38:33

and in it for the long haul and has a

00:38:36

reputation that they don't want to lose

00:38:38

built up laboriously over over time so

00:38:41

look for patterns and look for a lot of

00:38:43

data points two reviews no matter how

00:38:46

glowing is not a history also check for

00:38:49

things like wiring instructions if

00:38:51

someone claims to be based in San

00:38:53

Francisco but the bank is in Serbia ask

00:38:57

why that's a big red flag right there

00:39:00

and it's more common than you think are

00:39:03

you being asked to wire the money to a

00:39:05

war zone for example does the receiving

00:39:09

institution share an address with the

00:39:11

Soviet space dog these are big red flags

00:39:14

very very red flags in that case and

00:39:18

it's something to look for that costs

00:39:20

you nothing to check and may prevent you

00:39:22

from spending a lot of money to get

00:39:24

nothing or a bill of goods also

00:39:27

important does the dealer have a store

00:39:29

like a physical store or even just a

00:39:32

standalone online storefront other than

00:39:34

eBay and chrono24 better dealers are

00:39:37

going to have either stores you can go

00:39:39

to a physical cool footprint or they're

00:39:41

going to have a freestanding website

00:39:43

that exists on its own server and has

00:39:46

security encryption for e-commerce and a

00:39:50

large array of real photographs of

00:39:52

actual inventory testimonials from

00:39:54

clients who give real phone numbers and

00:39:56

email addresses and names and all of

00:39:58

that is just a little bit more difficult

00:40:00

to do than setting up a Chrono or an

00:40:03

eBay store where you can absolutely be a

00:40:05

dabbler or a fly-by-night operation it's

00:40:08

tougher to set up a real commitment

00:40:10

building out a website that

00:40:13

has years worth of inventory photos or

00:40:17

actually leasing a shop in a major city

00:40:19

like New York or Los Angeles or London

00:40:21

also important how are the photos in an

00:40:24

era when everyone has a 4k camera in his

00:40:27

phone there's no excuse for taking bad

00:40:30

photos I can take a photo today with a

00:40:33

phone that looks better than something

00:40:34

Ansel Adams would have taken using

00:40:37

specialized equipment made for

00:40:38

professionals heck I can even take 4K

00:40:41

movies so if a dealer has really bad

00:40:44

photos that don't give you a clear view

00:40:46

of the movement or the case or the dial

00:40:48

or the blurry or they don't show

00:40:49

necessary details or there's only two or

00:40:52

three photos a void there's no excuse

00:40:54

for that especially in the realm of

00:40:56

professionals but even an amateur can do

00:40:58

better than that these days that's

00:40:59

usually something that you need to

00:41:01

regard with suspicion and frankly for me

00:41:03

bad photos is just disqualifying as a

00:41:06

dealer you need to be able to look at

00:41:07

the photo and realize if it is or isn't

00:41:10

appropriate also if there's any doubt

00:41:12

about whether the dealer actually has

00:41:14

the watch in the photos ask them to show

00:41:17

you the watch set to some weird time say

00:41:19

I would like to see the watch set to 11

00:41:22

37 for example and if they say well I

00:41:25

can't do that the watch is not at my

00:41:27

store facility house wherever that's a

00:41:31

problem if you don't actually have the

00:41:33

watch that you're selling

00:41:34

bare minimum you're not qualified to

00:41:37

talk about its condition how well it's

00:41:39

been serviced whether it's operational

00:41:42

bare minimum worst case scenario it's a

00:41:45

fraud now also important anything bought

00:41:47

online needs to come with a no questions

00:41:50

asked return policy it's the nature of

00:41:53

buying something online this is a

00:41:56

sensual product the way it looks the way

00:41:58

it feels Details Matter all these things

00:42:00

so you should be able to buy the watch

00:42:02

online put it on your wrist wear it for

00:42:04

a couple days send it back just because

00:42:06

you don't like it too big

00:42:08

too small these are the pitfalls of

00:42:11

buying something you've only seen in

00:42:13

photos with wrists that are not yours

00:42:15

and to be perfectly honest an online

00:42:18

dealer that doesn't give you that kind

00:42:20

of flexibility should be discounted

00:42:22

immediately

00:42:23

now you need guarantees that any dealer

00:42:26

warranty entails either factory service

00:42:28

or service by people who are certified

00:42:30

by the factory so if a dealer says I

00:42:33

have Rolex or Omega certified

00:42:35

watchmakers ask to see the certification

00:42:38

maybe check with the brand to see that

00:42:40

they're legit but if they have that

00:42:41

certification that's fine they can

00:42:43

service a watch in-house if a warranty

00:42:45

claim needs to be made but if you have

00:42:47

some guy claiming that the jlc Dual met

00:42:51

is going to go to his local dude or guy

00:42:54

that's an absolute disaster your local

00:42:57

guy cannot handle a dual met or a Patek

00:42:59

Philippe tourbillon or an fpjorn

00:43:01

resonance so if that's where the watch

00:43:03

is going if you make a warranty claim

00:43:05

forget it either insist on a commitment

00:43:07

to actually send the watch to its

00:43:09

manufacturer or look somewhere else or

00:43:11

get a huge discount the size of a

00:43:13

service charge from the manufacturer

00:43:15

also you need to have a phone number you

00:43:18

can call to reach the owner or manager

00:43:20

of your dealer there are a lot of dealer

00:43:23

is online check them out that are set up

00:43:25

to make it almost impossible to call a

00:43:27

person

00:43:28

that's disgraceful you walk into any

00:43:31

Boutique and a human being is present

00:43:33

the idea that you could be selling the

00:43:34

exact same product online and not make a

00:43:37

person available is beyond insulting

00:43:40

imagine if you walked into a Rolex

00:43:42

boutique and every case was locked and

00:43:45

there's nothing but security cameras no

00:43:48

people come out to greet you you don't

00:43:49

see another human face and you're

00:43:52

expected to just swipe your credit card

00:43:54

leave and take a shipment of the watch

00:43:56

at your house it would be Beyond

00:43:58

insulting you need to have that human

00:44:00

interaction if only to get a better

00:44:02

sense of the dealer but also to ask

00:44:04

relevant questions about this very

00:44:06

expensive thing you're about to buy

00:44:08

see what you guys are saying in the Box

00:44:10

no is dead where do you land on

00:44:13

polishing the overseas have a rose gold

00:44:15

with a couple of scratches kind of

00:44:17

bothers me on that watch well if

00:44:20

if the scratches are sufficiently small

00:44:24

I would say don't worry about it because

00:44:26

you know what's going to happen if you

00:44:27

polish it you're going to scratch it

00:44:28

again almost immediately I would

00:44:30

refinish once

00:44:32

that that would be my preference

00:44:34

refinish it once and then put it into

00:44:38

soft rotation where you're not going to

00:44:40

wear it for action-packed sports watch

00:44:42

applications like that's going to be

00:44:44

your watch to take to the Opera once you

00:44:46

have it refinished you can only level a

00:44:48

precious metal or ex excruciatingly

00:44:52

detailed finish like so many times

00:44:55

before you lose the intrinsic qualities

00:44:57

of the watch and I've actually weighed

00:44:59

precious metal watches that went back to

00:45:01

service and platinum and gold watches

00:45:03

have come back two to three grams

00:45:05

lighter so material is definitely

00:45:07

removed keep that in mind because that's

00:45:09

a disaster for a lot of folks who value

00:45:11

the Integrity of the watch when your

00:45:14

watch is Factory finished but scratched

00:45:16

it has a lot of Integrity but when your

00:45:18

watch is refinished and then scratched

00:45:22

again you don't have the factory finish

00:45:24

or a watch that's free of scratches so

00:45:27

just keep that in mind it will get

00:45:29

scratched again unless you take it out a

00:45:31

regular rotation and only use it for

00:45:34

very low impact activities we have a

00:45:36

question from Justin D thoughts on the

00:45:38

belcanto I think it's fun to have a

00:45:40

chiming watch that's so relatively

00:45:42

affordable like you know limit your

00:45:46

expectations for how sonerous the chime

00:45:48

is going to be the one thing I don't

00:45:49

like about the belcanto is

00:45:52

the the appearance of it there's

00:45:54

something

00:45:55

it's got like a bootleg Julie snorden

00:45:58

look to it and I think the size is great

00:46:00

the way it fits is great the idea is

00:46:02

awesome I like a watch that Chimes for

00:46:05

you know fractions of what you'll pay

00:46:07

the jlcs of the world

00:46:10

but at the end of the day I don't love

00:46:11

the way the dial looks so this is going

00:46:13

to be hugely individual if you love the

00:46:15

way the dial looks I have no problem

00:46:17

with it I think it's a great purchase

00:46:18

and what else is going on right here we

00:46:20

have Matthew D logging in from Denver

00:46:23

Colorado great to see you Matthew thank

00:46:25

you for joining us all right let's take

00:46:28

a quick look what else we've got fuel

00:46:30

wrist shots number three marcom is in

00:46:32

South Beach Florida with his IWC pilot

00:46:35

watch Mark 20 and AMG strap looking good

00:46:40

I like matte mixing and matching with

00:46:42

that teal strap GFS of San Diego reminds

00:46:44

us of the brilliant of the blown path 50

00:46:46

Fathoms bath the scaff Chrono which he

00:46:48

gifted himself for his 40th birthday I

00:46:50

like that idea I'm turning 40 next year

00:46:52

I might follow suit Ben cave from

00:46:54

Singapore in his Omega Speedmaster wait

00:46:55

for the ferry in atsu Japan the ferry

00:46:58

which by the way looks like it came

00:47:00

straight out of Showboat we also have

00:47:03

Ben K from Singapore and his uh well

00:47:05

pardon me Demetrius P who captures his

00:47:09

Omega Speedmaster two speed Masters in a

00:47:11

row confusing me first Omega in space

00:47:13

and is aventon fixed gear bike Sean K

00:47:17

rides in his Audi with a custom Sartori

00:47:19

bjard sb04 from France Armand biard a

00:47:22

gentleman and an artisan check him out

00:47:24

and send your wrist chats to Monday

00:47:25

mailbag at the watchbox.com okay how to

00:47:28

buy and not to buy a watch now we talk

00:47:30

about the money stuff never borrow money

00:47:34

to buy a watch Scrooge McDuck will have

00:47:37

more fun with your money than you have

00:47:38

with your watch this is a very personal

00:47:41

and emotional purchase and if it's not

00:47:43

truly yours you will not bond with it

00:47:45

never Finance fun because I find these

00:47:48

two things are mutually exclusive debt

00:47:50

is stressful watches should be the

00:47:52

alternative also debt is a burden and a

00:47:55

depressant and frankly it just brings me

00:47:57

down

00:47:58

for Education it's an investment for a

00:48:00

house it's an investment for a

00:48:02

utilitarian car as opposed to a fun car

00:48:04

it's a necessary evil but for a luxury

00:48:06

really avoid financing fun a watch

00:48:09

should be a pure pleasure intensely

00:48:11

personal and not something you are

00:48:13

forced to share with a bank or credit

00:48:15

card company now never buy a watch you

00:48:17

can't comfortably reach with your budget

00:48:20

just Out Of Reach immensely disturbing I

00:48:24

would also say although some people will

00:48:25

overextend this is second to financing

00:48:28

in the don'ts overextending for luxury

00:48:31

is a needless way of adding stress to

00:48:33

your life look at that dog does he look

00:48:35

satisfied no and he never will be he's

00:48:37

not getting there even if he barks at

00:48:39

the cookie he's not getting any closer

00:48:41

goals are great motivators and morale

00:48:45

boosters and the eventual success and

00:48:47

acquisition of the watch once you've

00:48:49

saved up enough will make it even more

00:48:51

enjoyable also never buy a watch over

00:48:54

retail inside an authorized dealer

00:48:57

showroom I've seen Mercedes dealers

00:48:59

where they charge 300 000 over list for

00:49:01

galendewagen and it's obnoxious I'm

00:49:04

looking at you Audemars piguet in the

00:49:06

watch world because they've already said

00:49:07

they're going to allow their boutiques

00:49:08

to sell over list price and add Market

00:49:11

adjustments I haven't seen any confirmed

00:49:13

case of this yet but it's coming and

00:49:16

although this won't happen at a Patek or

00:49:18

a Rolex dealer a lot of other dealers

00:49:20

author authorized dealers of other

00:49:21

brands will absolutely slather on a

00:49:24

premium just for you to pay retail ten

00:49:26

thousand dollars on top of list price no

00:49:29

thank you we've already talked about not

00:49:31

buying first year models that are

00:49:32

particularly hot dealer markups or even

00:49:35

another reason for that finally we have

00:49:38

viewers chats number four Johnny P

00:49:40

explores Little Italy with his Italian

00:49:42

Heritage Panerai luminor power Reserve

00:49:45

Albert W and his Omega Speedmaster are

00:49:47

at San Diego Comic-Con with Star Wars

00:49:50

movie props genuinely neat the real I'm

00:49:52

told Lance V and his Orest Aquis New

00:49:55

York Harbor are at San Diego near the

00:49:57

glider launch Jean Carlo pianist Seiko

00:50:00

take a dive into the pool in tropical

00:50:02

heat and Eric and takes us home with his

00:50:05

Porsche 911 GTS and tiso ciderral very

00:50:09

cool guys senior wrist shots to Monday

00:50:10

mailbag at the watchbox.com this episode

00:50:13

was an epic but it was a lot of fun and

00:50:16

I loved the chat thanks to all of you

00:50:18

thanks to Sean timeout Tim out thanks

00:50:20

for logging on

Description:

Buying a luxury watch is easy; you just write a check. But making smart decisions about which watch to buy, how much money to spend, and which dealers to trust can be complicated. Tonight, Tim Mosso takes watch collectors on a guided tour through watch shopping from initial interest to the final purchase. This show includes guidance on avoiding counterfeit watches, unworthy dealers, and raw deals. If you want to know how to buy a watch with confidence, this episode is an invaluable guide. Rolex watches, Patek Philippe watches, and Omega watches all have something in common; they are only as enjoyable as their purchase experience and condition. Tim offers advice on how to choose a luxury watch dealer and the hardware, too. "Buy the seller" is an old refrain among watch collectors, and for good reason. Online sellers of watches should make returns and no-obligation trial periods standard. No person can be sure of the fit and appearance of a watch until it has been worn. Any watch dealer who won't guarantee returns on watches sold online should be avoided. Moreover, watch dealers should extend indefinite right of returns for reason of counterfeit discovery. Standard warranties apply to function for a period of time, but no period of time excuses the sale of a counterfeit watch. If a buyer discovers that his watch is counterfeit - even years after purchase - the seller should guarantee a full refund. Additional considerations when buying a watch are the condition of the watch and the presence of a full set of "boxes and papers." First, never buy the cheapest available example of a watch. These watches are wrecks that will poison the ownership experience and fail to meet a buyer's high expectations for a luxury watch purchase. Second, always insist on a watch that includes "boxes and papers" as shipped from the factory. In the long run, full sets ensure higher resale value and offer more assurance to the collector that he owns all items to maximize the marketability of his watch should he choose to sell. And watch collectors need to remember to keep accessory sets. Many people on vacation fail to collect the accessory set of a watch purchased at a local dealer. Often, the vacationers don't want to carry home bulky boxes, or they are worried about complications in customs, or they simply forget to give a forwarding address to the dealer. This could have devastating consequences. Patek Philippe watches, for example, can be worth up to 20 percent less without their original Certificate of Origin. On an $850,000 Patek Philippe 5207P, that amounts to $170,000. Even a modern Rolex watch, which might lose ten percent of its value without boxes and papers, will be more marketable as a used watch if the buyer can expect all items originally delivered by the dealer. Other topics including how much to pay for a watch, how to evaluate a watch dealer, and how to collect watches for lasting pleasure are included in tonight's episode Don't forget to like, comment, and subscribe! Please Subscribe: https://www.youtube.com/c/WatchBoxStudios/?sub_confirmation=1 Download Our App: http://onelink.to/watchbox-app Signup for news and updates: https://www.the1916company.com/ Buy Watches Here: https://www.the1916company.com/ View hands-on luxury watch reviews on WatchBox Reviews: https://www.youtube.com/c/WatchBoxReviews/?sub_confirmation=1 Instagram: https://www.facebook.com/unsupportedbrowser MB01IM56DKHUGTR

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