Watch Expert Reacts: The BEST Investment Watches You Can Buy

what's up guys it's federico welcome back to this 36th ever episode of the iced coffee hour and so far we've made thirty four thousand seven hundred and fourteen dollars i thought we we made more than that we're at thirty three more more why was i thinking we gotta congratulate you for one of the most flawless introductions to the podcast didn't waste a beat you just no i said this is what you're gonna say and you're just like all right here we go and you just said it how many youtubers do you guys i mean i i watch your main channel and i watch your second channel but i do this for a living i mean everyone else every youtube person we have on is a youtuber and they can yeah well that just goes to show my lack of preparation for this video that was that was impressive yeah but i think with your videos you don't script them no never there's a little bit of cutting by the way guys thirty four thousand seven hundred and fourteen dollars and ninety cents is what i mean on like my first four years of youtube really well i'm a much smaller channel i'm about to hit a hundred thousand that's at federico talks watchers help me out um but yeah i mean now this year it's it's doing a lot better yeah it took a while yeah first we have to thank this videosponsorprivacy.com okay everyone listen up to get some free money i'm gonna put you on to something i've been using a ton lately and that is privacy.com isn't it super annoying when you're required to put in credit card information to access a website do you ever sign up for free trials and worry that you will forget to cancel before they charge you is it ever difficult for you to unsubscribe or stop paying for an online service privacy.com lets you buy things online using virtual cards instead of having to use your real ones protecting your identity and bank information on the internet privacy is absolutely incredible all you have to do is link a card to your account and then you can create 12 single use debit cards per month that you can set specific limits to and cancel whenever so when you're buying anything online the seller will not have your credit card information this is huge in protection from fraud if you go with the privacy premium plan you can actually get cash back and rewards alongside all of the other perks that come with this plan head to privacy.com ich and sign up for an account new customers will automatically get five dollars to spend on your first purchase go to privacy.com ich and sign up now as always the link will be in the description thank you privacy for sponsoring this episode and back to the podcast let me introduce you because this is really exciting for me to meet you i've been watching your channel for maybe two years two and a half years now for a while uh and i was interested in your channel because you talked watches and i love watches and you you sell watches you're involved in watches and i think they're really interesting one because aesthetically i think they could be very beautiful but also for an investment they retain their value some of them go up a lot in value i've been trying to convince jack to get a submariner he's shaking his head he's saying no but i think we'll talk about that shortly that's my man right there blind man for anybody i think who's interested in watches or who wants to get into watches or who is at all curious about maybe alternative investments where you could make money or if you have cash that's sitting in an account to put it in a watch this is your guy and we're going to learn a lot today about about investing and buying watches and you're going to react to my watch collection i brought a few watches all right so uh no holds barred though no hold spark now um but you know i do appreciate you having me on because honestly i'm not just saying this for the show i have actually been watching you not quite two years but definitely over a year um and like yeah i'm a youtuber but this is a whole other level for me so um i don't know i'm kind of honored to be here and meet you guys thank you so much for the opportunity you're welcome how did you get into selling watches all right so this story was we're doing the brutal honesty brutal honesty all right so my parents were jewelers right and jewelry designers i was not really my thing as a kid my older brother was actually sitting somewhere over there got me into he was obsessed with watchers around the age of 18 i was about 10 11. so he'd always like call me over to take a look at the stuff online i never really cared but then i turned 18 and i didn't really know what to do with my life i wasn't a great student i mean i went to college decided it wasn't for me moved back home and my mom was like all right we'll go get a job you know like go do something and i walked down fifth avenue with a stack of resumes walk to the gap banana republic cartier starbucks gucci whatever every single sort on fifth avenue and the manager cartier was like well we're looking for like a sales associate for christmas in the watch department do you know anything about watches well actually a little bit he's like all right sell me this pen you know no is that really no literally he took it from a movie there's a famous movie where that happened yeah wall street is it well this is a foreign no wasn't that the uh the the stock with the gordon gecko uh what was that actually i don't know i think it was remember jordan belfort had like yeah he did that that was wolf of wall street but i think it was um well this was 2009 so it was before a wolf of wall street wow um i know i just worked out and he gave me the job 12 bucks an hour and by the sixth week i was the second out of like 60 sales people in the whole fifth avenue store why um just because you knew about watches well no it had nothing to do with knowing about watchers because they didn't know anything about watchers i then dedicated my life to spending like the 12 hours of not the 12 non-working hours a day i had to reading timezone.com like that's when it started but no it's it's literally just about being to my own horn but charming and conversation you are pretty charming making people feel comfortable there's nothing worse than walking into one of these stuffy boutiques yeah and and it being so rigid i mean you have to have a little decorum but it's all about connecting with the person yeah connect with the person they'll buy anything be a good real estate agent you would be you're a very good conversationalist as soon as you walked in the room you started talking very easy very easy to talk to you yeah i think you you make the air comfortable well you guys are making me blush if i could blush very charming yeah but no because honestly if you go in any of these boutiques today most of the sales people are in their 50s you know they're tired they're over it buy something and get out i was not even 20 years old like i really wanted to make an impression and you know it worked yeah and then what happened after that so how much were you making back think we asked that yeah it was uh 12 an hour one percent commission that's it um well it was a holiday because i was a holiday associate so i was getting paid exactly half what everybody was wow everybody was on i guess 25 and 2 percent but i probably made i don't remember honestly but probably about i was making probably like sixty five thousand dollars that's pretty good it's good you know and in that challenge yeah um and then i went to work for another store uh called torno was not for me dad particularly and then i went to work for 1p which free plug to 1p greatest watch store in the world as far as i'm concerned on 5th avenue best trained sales staff the nicest guys coffee champagne they treat everybody like royalty whether you're buying a strap or a million dollar patek sleep they taught me everything i know so if my old boss is watching me thank you um and then yeah it was basically all retail and then and then i moved into corporate what do you mean moved into corporate so i was a retail sales associate and then i just didn't want to be behind the counter you know for my whole life which sounds dramatic cause it was only about five years back then um and then i applied for a job at the richmond group which is a company that owns a ton of watch brands vacheron constantine cartier panerai all those and there was a brand called piaget they were looking for in a wholesale sales manager which basically my job was to sell the store their watches so instead of the customer being my my customer the stores were my customer so i got that job and i was the youngest sales rep in the u.s at the time um traveled the us trying to open doors open jewelers to sell piaget i was going extremely well i don't know if you know this but about 80 of those sales back then were actually chinese tourism um it was a great way to launder money uh so what would they do they spring cash buy a watch and then take the watch back with them and yeah give it to like their local party official as a gift or something then the government changed left xi jinping is the new president uh crackdown and watch sales went down the toilet quicker than the great depression um i knew the writing was on the wall so i decided to leave before in fact looking back at piaget nobody i worked with worked there anymore i was the first one to leave i decided to leave on my own terms but good decision in hindsight because you know no one's there and then i was unemployed i was bored i decided to start talking about watchers on youtube talking about watchers talking about watchers a couple years no real money making coming out of it but it was fine but people would ask me hey federico would you buy this or where can i buy this and i decided to you know how do i monetize this so you know a long story short a few more steps but i started delraywatch.com which is my website and i started it on an investment with a partner you know my partner john was also on youtube we started with four thousand dollars all right that was our investment and i'm not going to tell you exactly what the revenue is but it's it's multi multi multi millions of dollars per year that was a good four thousand dollar investment um no if you why did you have a partner in the beginning um because i'm good at watches okay i love watches of what i do i don't do technology i don't do websites i don't do credit card processing i don't do legal and john who was a cta you know was a cto consultant for a big watch company at the time you know was a good friend of mine and you know i told him my idea and he's like let's let's do it you know we literally we were having tacos and tequila and i'm like you know i had this idea we should do it and he's like absolutely i'm on board and three weeks later it started and um i mean listen first year was tough but and it still is we're a small company you know we're not you know like uh we're not crowning caliber or or rolex or anything but yeah it started with four thousand dollars that's all it took and how long ago was that just under four years ago how many employees do you have now full time we have well there's me and john jacob who is our office assistant jonathan hochman our director of operations carlos ramos our photographer hanzo watchmaker and then so i don't whatever that is plus an extra watchmaker for repairs on the side because we have a lot of demand and then a part-time account and the part-time lawyer so how does your business work do you try to find good deals on watches you buy them and then you sell them so yes in a nutshell you kind of got it but there's a couple twists that i feel that we do that nobody else does that's right first of all we're watch collectors first me and john are watch lovers all right every watch dealer sells rolex patek philippe and audemars piguet that's boring to me because that's everybody does that don't get me wrong there's some pateks i love some aps i love but there's so much more out there so we started by buying the stuff that not a lot of people knew about like my favorite brand h moser i'm pretty convinced i saw more hmoser than most hmos or stores in the us at the moment i don't think i've heard of that brand um well there's one that i'm gonna show you that i brought in um you know gerard perego zenith breitling corvoe sabrino's just the stuff that's not in the big three and nobody else was selling it so when we started selling it if people wanted it we weren't in a few places you could buy it because every watch dealer was scared to invest in that kind of stock because oh who's going to buy you know it's scary they'd rather buy a rolex and flip it and make a couple hundred dollars whereas to me you know i found that boring so i started stocking the stuff i like and then obviously i started promoting it on my youtube channel and my youtube channel is all watch geeks so they loved the stuff i was stalking because they were also bored of the same old same old so yeah that's pretty much why can't you just go to west time and say hey i want to buy this h moser what is it moses moser why can't you just go to west time and say that and then they just go and source it and sell it to you for well first you have to be an authorized dealer um so i don't know if west time is but they very well may be but that's where the investment part of watches comes in i'm not going to sit here and tell you that watchers are a good investment watches are not necessarily a good investment but they're a fantastic hobby where you can very easily not lose money it's a great way to have a ton of fun park some money and if you do it right you can make money or not necessarily lose money there's very few expensive hobbies that one can say about that and moser if you buy a moser at west time and you go sell it in three years because you're tired of it thirty five thousand dollar watch is worth eight grand you go to del rey watch and you buy pre-owned not to plug my own business again it's nine thousand dollars yeah so when you go to sell it back to me it's eight thousand dollars or maybe the market went up and you get your 9 000 back or you make or maybe i'll give you 10 000 depends when you sell it but let somebody else take the depreciation you know the pre-owned watch in good condition from a well-known dealer is just as good as one that's brand new well really quickly guys we have a word from our sponsor audible audible is the leading provider of spoken word entertainment audiobooks and they recently added podcasts i'm someone who values constantly learning new things and audible is an amazing platform that offers over 500 000 audio titles audible offers spoken word entertainment ranging from celebrity memoirs and motivational speeches to original content from celebrity creators and thousands of binge-worthy podcasts i'm way too busy right now to divert all of my attention to a book and read so instead i just put on audible when i'm doing my daily runs or in my car driving i am currently listening to misbehaving which is a book by richard thaler on behavioral economics and its effect on us i know i definitely would not have enough time to read this book if it weren't for audible and guess what guys you're in luck because right now you can get in on the president's day event you are getting in on one of the best offers of the year it's only 9.95 a month for your first six months when i signed up for audible about eight months ago i was paying way more than this so if you want to check that out visit audible.com iced coffee or text iced coffee to 500 500. it's as easy as that just text iced coffee to 500 500 also if you want more information as always check the description and with that said back to the podcast now you mentioned for jack because i've been telling jacket a submariner get it i i think that would be a good watch for jack to get that would only go up in value you said that's a double-edged sword why well i think on a submariner it's a safe investment um it's a great first watch if you can afford it uh jack can afford it first off i cannot afford it second off i i i agree with you i don't think that you can justify it as an investment and that would be the only reason why i would get a want i'm gonna disagree with you here i think a submariner historically speaking has only gone up in value but it's going to be one of those things where even if we're best friends in the world i can't help you with because a pre-owned submariner sells more than a than a new one because they're sold out everywhere so is it listen if you have the money to responsibly afford it you're not you know you're not going to lose at least in the market at least historically based on the past 10 years of data you can't how much do they cost like what's that it's you're probably gonna say seven seventy five hundred right now are we talking like the new ceramic version no what would you advise i'd say i'd say going on like chrono 24 going on ebay getting like a a 15 year old submariner so if you go with the aluminum version which i like um you know it's made significantly worse but it's more charming you know like 7 500 maybe 8 grand if you go with the new aluminum version you're probably talking like 10 10 and a half why so much why have they gone up so much in value all of them have you know um i'm not a huge fan of rolex i personally find them boring even though i do own one i own two actually why because they're a marketing machine i mean it's a status symbol it's the it thing to have uh it's a great watch nothing against the watch but whenever you walk into a rolex boutique and they laugh at you you know like oh you have the submariner and you should throw their head back and laugh and call security you know what i mean that's the reason why because they're sold out everywhere it's one of those things where it is it is what it is um i mean the submariner is worn by james bond you know or before omega there was the submariner before the submariner there was the explorer when fleming wrote the books so it represents this like cool sophisticated machismo or you buy a sub you kind of feel like james bond it's it it's also one of the few sports watches you can wear to the office in a suit and it looks great or you could you know wear like with t-shirt like graham's wearing now and it looks great it's something you can keep for the entire your entire life and hand it down and it's it's a great great watch but as a watch collector and dealer um you know you get over it a little bit because it's everywhere you know for jack it's perfect honestly it's a great way you won't lose money it's a great way to start if you never want another watch for the rest of your life you're set forever or it could start a deep and ugly addiction where you spend hundreds of thousands of dollars a year online hundreds of thousands of dollars i wish i could have hundreds of thousands of dollars to spend well you'll get there eventually see yeah jack i do think you should be getting a submariner are we not going to be talking about the the move oh let's talk about the movie yeah i know it looks like we teleported everyone we we saw the uh the footage and it looks like very harsh lighting so we just had to move and this is actually a better setting i think actually so if you guys like this more we could do our future podcast like this yeah i like it like this because you see the smash like button which is a good reminder to smash like button for the youtube algorithm yeah but for the submariner so first off just do it but just do it but i don't think i should do it 7 500 but also i feel like i would be i would be embarrassed to wear it it's like too narrow it's too nice it's too nice i think really respect that train of thought okay i do because it means you're a humble guy but everybody deserves to treat themselves this would be a watch that you would buy that you'd be so proud of that you could pass down to your children to your gran this is this is that i like that aspect but this is an heirloom piece that you're going to buy once as a sim to me that's a symbol of hard work saving and dedication to get a watch like that and that's going to be a constant reminder of like look what i was able to accomplish and what i purchased and that's a sign of hard work that's what i see it as that and it's still safe i mean it's safe if you really don't feel comfortable with it you can always give me a call i just don't know like what occasion i would wear it for like do you wear it out you won't wear it all the time yeah that's a watch well no and you're only in your house or like you know like if you're going to like i don't know like like a party with fancy investor people i feel like i would wear it no reasonably there i think the city the submariner is a watch that you could wear while you're putting together ikea furniture when you're playing football with your buds while you're at the gym while you're digging in the dirt when you're in the shower it's one of those watches that that i think you could keep on your wrist 24 7 and it will it it's meant to take a beating that once and it looks better as it patinas with age i'll tell you what when i get an investment property i think that that would be a good way to how about this yeah i would settle for you getting it on like uh like either a birthday uh or on a milestone like when the podcast it's a hundred thousand subscribers we're just picking that because it's within the next five days yeah but but that would be like when the podcast is a hundred thousand it's probably already hit a hundred thousand by this week so by next week you get the watch all right i think on a milestone that's when you do that i think graham's right because it makes it even more special when you finally acquire this piece to attach a watch with a memory is something men have been doing it men have been doing for generations and you know there's something beautiful about that you know why not being a birthday or or when you get your investment property or whatever it may be i think a milestone if you could pick a significant milestone that you could remember for the rest of your life whether it be a specific birthday or buying a rental property how about this the day i retire no no but then the watch is going to be like 40 years okay all right so i like the uh the investment property because i i it's so hard for me to get a watch just i feel like i'm i understand where you're coming from like it holds value but i feel like i'm still it's like i can't view it as an investment so i need to do something you have more cash sitting in a bank account probably just losing money and interest here's the thing you you don't need an emergency fund unless they keep the emergency fund in the watch really yeah you can you know why don't you have like 50 watches then i'll make you a deal what i and this is it's on video okay if you need the cash i will buy the watch for you at whatever it's worth or the same price you paid that's a deal i'll make that same deal if i need the cash my only condition i'm serious my only condition is that i would have proven the price you pay just so you're not paying like 15k for a submariner be like graham you gotta pay if you get a good used submariner i will buy it at the same price that you paid for it if you need the money if i need it yes what if i want it you're not going to sell it i i know once you get it you're not going to sell it you're not going to say why would you do that the only reason you get rid of that watch is if you're like graham the stock market just collapsed my investments are worth nothing the algorithm just shadow banned all of us i'm like i i need the cash right now what if i need like an advance for um for like if i want to make a down payment and i would give you an advance i would i would i'll pay you ahead of time for for the money that you're earning you're always a month ahead anyway i know i'll pay you that very generous yeah i know he's a good he's a good boss yeah but i'll do that because that's how confident i am because one i know that the rolex market is not going to collapse whatever price you pay is going to be a fair part you're going to get a good deal on the watch i know i'm not going to lose any money i've always wanted the submariner too never done it but i would buy yours so there's no risk there's no risk all right i'll do it in in that case yes peer pressure i it's just like i don't think you realize seven thousand dollars is so much money like i think of that in in uh denominations of like a hundred dollar bills you know how many hundred dollar bills that is hold this how much wait wait let jack hold it let jack hold it and then that is just watching that is a shoe bag with about four hundred thousand dollars of watches in it jack has the best reactions what if jack just gets something to run please please open it up and i i brought a few watches for you guys to look at watchers that are great investments and watchers that are god awful investment all right how about that let's see these we got a segway into it i'm just going to open this up by the way jack what milestone would you get the rental property when you buy a rental property you will buy it that will happen this year federico would you be able to help jack get a submariner or is that something you can do it's you oh you don't have to no the truth is i'm sold out of submariners at all times but i want to of course just give me a call give me a call we'll figure it out i'm just going to class wow see look what i'm doing for you jack you have no idea all right i'm going to open this up all right two hands so there are two watches inside of here can i just please please go nuts this is a gerard parago perpetual calendar chronograph f50 no okay wait that is don't don't let me let me let jack guess how much that is first and then let me see it and then i'll come up with this well there's something special about it this was only ever originally sold to owners of the original ferrari f50 if you didn't own an f50 gerard parago would not sell you this watch all right well let me s let me see this before it jacks pretty heavy yeah solid white gold all right let me see that is gorgeous and we'll get some b-roll of this yeah so it says f50 on it when ferrari came out with their supercar the f50 they offered all the original owners of the f50 the option to buy this watch and they engraved their name on the back does that bring down the value to have someone else's name on the back usually yes but all ferrari f50 owners are usually somebody special and that is engraved with guy la liberte who is the founder of cirque du soleil no way so that is originally laliberte's so i'm gonna tell you i think the difficult part of this watch is that uh it's hard to comp this and it's really just whatever is someone willing to pay for it i would guess this would be 60. what would you weigh what do you say jack see i was gonna say i was gonna say 40 but i have no like you're asking me i have no idea this could be a watch that i think on the low end would be 25 in the low end maybe 120 at the high end so original retail i don't remember but it was original full retail price was about five to guess about 80 000 but gerard pergo is not a brand that holds value well so i bought this at hong kong in auction physically at auction um i paid ten thousand um but i can tell you being that it's an f50 so they made very few the connection with somebody famous gaila liberte and then it's perpetual calendar chronograph i bought this specifically because it's i think it's worth two to three times what i paid for it so down the line right it's about 30. i'm already selling it at del rey watch i think it's a touch under 20. yeah because i'm a business i can't keep everything up right i have to pay the rent but if you put in the fact that it's rare the functionality the original retail price i do think it will eventually be worth 30 to 40 again yeah um it's grossly undervalued why did why did this take such a hit um gerard perego was just a grossly mismanaged company fantastic watchmaker um fantastically horrible business people they don't know how to market um you know even today they make some of the best watchers on earth heavily discounted um you know gerard perego is not a good investment if you pay full retail i'm looking straight into the camera as i say that i got a question um this may sound really stupid please but what makes a watch like good because in my opinion i mean i know nothing about watches right like just so you have an understanding where i'm coming from what makes this watch so much better than like a rolex so there's three things in my opinion that make a watch good the first one is just mechanics right engineering and mechanics which rolex's makes fantastic mechanics and jordan parago does great mechanics as well second which this is well above a rolex is finishing how much time and manual effort went into making that watch if you open up the movement of this watch it's all hand engraved hand finished under a microscope by a master watchmaker whereas rolex fantastic watch it's more of a production line watch you know it's it's it's made in bulk and then third is something called complications which in watches refers to functions so what functions does this have it is a chronograph which is a stopwatch and then on top of that it's a perpetual calendar which is a calendar that equates for the changes in month so 30 31 and 28 days and for leap year which this is not digital this is all done with springs and gears what about accuracy wouldn't that be like the most important thing so yes it was back in the day but nowadays where iphones are so accurate two dollar timex watches with quartz movements are more accurate than this the beauty in this is it doesn't have a microchip it doesn't have right it's it's all powered it's keeping something so accurate all through the power of springs levers and ears which are hand assembled i mean that is you know how hard that is it's it's art it's not art yes it's art what got me into it was watching a patek philippe be built there's a youtube video on it love that video yeah the craftsmanship all right i gotta check that out it makes you want that watch like for me i i want to patek on my 50th birthday purposely i want to wait until i'm 50 because i feel like that's a milestone where you could get a potato how much does those cost uh i would say probably the one maybe about 100 grand it depends which one you want but i mean this is there are five dollar watches which spank this all over the place in terms of accuracy it's not about accuracy anymore it's it's craftsmanship and appreciating the watch yeah as an art piece i get it this is it is a very good looking so this is a great example of a watch that was an awful investment but that i think is poised to make a very big comeback okay especially for the price that it's now being offered at let's see what else is in here so obviously what affects the price is the demand but what affects the demand is it those three components that you gave um no no no demand is much more marketing people love to have what other people have which is why rolex is king you know rolex is a great watch but it's an icon what makes an icon the fact that i belong on it um you know there's other small brands like this next one you're going to pull out they make less than 2 000 watches a year they have no idea nobody knows what this brand is it's hmoser but it's my favorite brand because i'm a watch nerd and i just love everything that they stand for but at the same time it also means it's not a particularly good investment at the moment but it is something that i think in the future once their story is a little bit more widespread should pick what i think with rolex right now is that i remember back when i was uh i don't know a kid you'd watch like the the golf tournaments and you'd see it all with the rolex crown yeah but now i think you see so many youtubers that are all buying rolexes yeah and now it's the cool watch i think it went from being like this grandpa watch that like oh you have a rolex or grandpa might have owned a rolex in the day now it's cool now it's like all the kids when they make money the first thing they do is they buy a rolex and every other youtube video is like buying a rolex i bought a rolex surprising my sister with the rolex fantastic views yes it's it's you know what it's actually become the lamborghini of watches yeah it's the gallardo yeah oh yeah 100 it gets it's just they don't care what rolex it is it's a rolex i mean i put rolex in the title i got forty percent more views without even it's the lamb yeah let's see what else what else do we got see that moser this one is not for sale it is a personal watch of mine so this is an h moser perpetual moon phase with a aventurine dial what is aventurine it is a hard gemstone dial that naturally sparkles in the light moser only made 50 watches of these in their history and when i saw it i had to have it wait so what's the uh what's the dial at the bottom that's the moon phase that is a moon phase so you could track where the moon exactly and which is not a particularly useful complication but it is a well it's cool i call it romantic right it harkens back to when things like that were useful i mean i don't never need to know when the phases of the moon are but if i'm gonna have something mechanical and beautiful like that right it is i don't know i think it's a nice touch and it gives the dial a little bit a little bit of depth it's a cool looking how do you set this how do you do you look at the moon one night you're like okay i'm gonna dial it into so you can google moon phase calendars yeah even though i'm i'm not gonna lie to your audience i've never once set the moon phase yeah now this is okay so this is cool h moses so i'm gonna so if you say nobody really knows about it they make two if they make two thousand watches a year i'm saying they're at least probably charging five grand minimum no much higher much i'm gonna say twenty much higher 20 well i've never seen anything like this that's what makes it so unique is it what's it what's this isn't white gold no this is stainless steel more special because fine watchers like this are rarely made in stainless steel why um because gold is more noble even though stainless steel is technically a better metal because it's harder it doesn't scratch as easy it looks newer but it doesn't have the cachet of gold this one this watch had a retail price of 35 000. what a 50 what is it worth now um no one knows because there's none for sale if you wear watch like that out do people recognize you know the watch this one i had no idea i would look at this watch and think oh it could be a few grand no one would have no idea never um a watch geek mic like i've been stopped at starbucks by like a fellow wash geek and been like that's a nice rolex but it's the rolex it's not the moser what makes this 35 grand because i'm trying to look like the stainless steel no so yeah first the movement okay which if you look at the back is all hand engraved hand finished fully in-house they actually use gold countersinks in the movement it's just the level of detail is fantastic okay then the second thing is the dial is made entirely out of aventurine which is a sparkling gemstone um which also is how how much does that sell for intrinsically probably a few hundred dollars to be honest honest with you but it's not the intrinsic value of the stone it's more the fact that if you want to watch with an aventurine dial there aren't really any i mean there's a couple out there but it's it's so if if i have to tell you where the money is on this piece it's the labor the hours of swiss trained labor that went into building it yeah that's where all the money i'll give you now cash right now seven grand absolutely not what are you doing in my job let's see i will i counter offer at 70. 70. seven me in the middle i counter offer a ten what if i give you more moves uh all right so moving on to um so this is actually a gift for grammar no what is this nothing that special it's actually a swatch uh which is rare it's a limited run swatch really there are a few swatches worth a few thousand dollars this is not one of them okay but it is a limited run switch and i saw it and it's got the coffee cup on it i love this is this something that i should not be wearing because if it's it's old well it's from the 90s but i liked it because it came with the full kit you've got the original price tag in the box oh i shouldn't wear this then i would keep this as is okay it was like a collection i was trying to think like if i put this on the second channel like wear it but it's so perfectly preserved i don't want it in japan actually wow dang what was the original price on this oh probably like 50 bucks wow but i just saw it you know the 20 cent coffee thing you know i'm a fan of your channel and had the coffee cup i thought like it was pretty funny i love this thank you no it's my pleasure i love this can i see it and that's the show guys you don't have to be a millionaire i know we're talking like crazy numbers right now you don't have to be a millionaire to love watches there are some great watches for a few hundred bucks even less i mean in the big boy leagues yes they're thousands of dollars but anybody can what would you recommend for people with under a thousand dollars right now to spend who want to get into the watch game but our audience is really price sensitive sure and wants something that is going to hold its value will go up so under the house watches in that price point don't hold value very well however buy pre-owned which will retain better value and i say like a collectible seiko like a seiko if you can put up a picture like a seiko tuna or a seiko turtle iconic watches for 500 bucks um you should be able to sell it for pretty darn close to what you paid for it if you want to go swiss you don't have many choices but like a hamilton you know pre-owned hamilton if you buy your new hamilton you just lost 70 percent but a pre-owned hamilton is a nice swiss watch that should hold value decently okay rolex explorer should we talk about it uh yeah pick it up all right i like you know what i think those watches um are undervalued i think uh they're underappreciated and i think they're a solid watch for what six grand i'm guessing yeah i'm not gonna say undervalued anymore because this watch two years ago it's a rolex first generation 36 millimeter explorer i was selling for like four thousand dollars um but now with the full kit the box and papers this one just sold this morning so it's not available uh for sixty eight hundred dollars yeah sixty eight hundred sixty eight hundred and it's gone up as you saw twenty eight hundred dollars in about two years that's really good that's a good roi to go from four to six yeah once again this is the crazy market we're in right now i don't recommend any of your viewers do it just to do just to make an roi i think an index fund as you say yeah is a much safer investment but it's a great hobby yeah where you can have a ton of expensive fun and not lose i think that's like the key yeah in my opinion it's a game you can't lose like a blackjack blackjack yeah we had blackjack gambling last night we all so did we did you win absolutely not oh oh we i we did so well so i i put in 200. walked away with like 550 but i only played 100. i i kept 100 aside the entire time so i turned 100 into like 300 something in profit no comment we got lucky i was down i was down about 70 bucks and then just hand over hand yeah doubling win double win it's just every hand like 780 money making machine and then as soon as the deck ended and they still reshuffling we're like no this is it i should just say this i hope this video sells me some watches because last night was pain how much you lose yeah not not you know enough how much like over over a grand just about that's okay we're used to people losing like tens of thousands of dollars like 30 grand today i'll play a little bit more i got i got profit today i got yeah i'm going to turn my profit oh my gosh this is turning into a habit that's fun it's a social that's that's always how much i'll go in with and lose uh in like a whole weekend that's it 300 bucks most i would say it's a 50 50. i'd say it's just like this i don't lose in the long run because if you play correctly i'll win 100 i'll lose a hundred i'll win a hundred i'll lose so long term i'm probably break even but i have so much fun and it's a good like stuff i i have a great time it's entertainment and i don't i'm not making stupid bets but i'm probably even overall i'll put it this way after losing last night which was a little painful yeah me and my brother went to carbone and easily doubled our loss on a fantastic dinner yeah and it was just i woke up and it didn't even matter anymore it doesn't i mean it matters a lot of money but like i'm over it yeah there we go all right let's see what's in here is that alligator uh that is a cost custom-made ostrich ostrich ah that's ostrich alright jack come up describe it and uh say how much you think it's worth and then i'll give my guess yeah what do you think is the retail price of that one okay so the name of this y try to pronounce it what is i don't know what it is is a tourbillon 30 seconds that is the function not the name of the [Music] it doesn't have any labeling on it uh it's got a b on it oh you're right it doesn't have a breitling no that's not i love it oh no you're right it has no name it has the name on the back oh okay let me uh it should have the name on the back at least this is called a 30 0 30 30 joules adjusted five positions [Music] yes that's that's that's a great market it is called uh 3 40 p.m it is a parmigiani fleurier pershing tourbillon they only made 12 of these in the entire world um this one is brand new not pre-owned brand new and how much how much would you say the retail prices on that okay so it feels to me light so it's titanium and rose gold okay but what makes it special is the tourbillon movement all right so i'm looking at serbia so i know tourbillon's minimum 50 grand yeah so minimum very cool feature uh it's over i'd say over it's got to be only 12. i would say probably 120 but jack you get you give a guess on that okay basing off of the uh the weight the uh structural integrity integrity of the watch um the complications yeah the back looks pretty good to me i'm gonna have to say 1 25. so this bad boy carries an original dinosaur have jack hold it as you're saying that let's see an original msrp of 243 thousand dollars um would you care to guess how much this watch is for sale at delraywatch.com brand new box and papers would you care to guess how much i'm selling it for brand new you guys one of twelve 255 two no no 300 300 if that's an off roll take it to what is it 220 i'm i'm gonna my guess is uh it's minimum 50. so i'm going to say probably 70 65. so i'm selling it for exactly 50 000. ah which i think it's basically the yeah listen you can think of this two ways if you were the crazy guy who bought this at the parmigiani boutique in miami and paid full price you just lost 80 of your money wow or if you're the crazy guy that loves this watch because it's unique it's beautiful they only made 12 and you want to buy it now brand new for me for 50 you just saved 80 but why why did this lose so much value and why is it just not nobody wanting it it's not a bad watch the watch is fantastic it is all handmade it's super exclusive it's just a very small brand uh i'll give you an idea i know you're a car guy okay spiker i love spiker i love spiker too they've been going up in value a lot though now they have but why in the in when they were first out why didn't no one buy them you know why did no one buy uh tvr you know that british car company they're not bad cars there's just nobody knew what it was but that was never really imported to the us you have a few examples but that was never so i think the tvr that we could maybe exclude that spiker i just think they never made it well i guess that's the same with this they never made enough of them they never made enough of them nobody knows who they are they make two three thousand watchers a year they've got a crazy amount of collectors now the real question is hey federico how did you get it for so cheap the truth is it's a small company they've got a very small amount of employees and occasionally brands will call dealers and be like we need to sell this you know because every brand's got to pay bills and i made them an offer and they sold it to me how many people paid full price for that though and this 12 sold my guess is six what is a tourbillon orological questions um we're gonna need a whole bunch of diagrams that explain this one but i'll do my very best tourbillon is a function of a watch which should counteract the gravity you know the earth's gravitational pull so the watch works off a spring that rotates the tourbillon puts that spring in a cage and rotates it once per minute or in this case twice per minute so gravity which is always pulling downwards will affect that spring equally because the spring is turning wow so essentially it's a very it's a very high-end piece of engineering which is done through micro mechanics which really brings up the price of a watch yeah i've seen the ap turbines and they're all like 80 grand 70 grand and cheap tourbillons yeah so more than that now much more really they've gone up late i mean i guess the last time i checked prices were probably about a year ago some of them are but if you want like the one everybody wants like the concept term or you know quarter million dollars no problem wow i mean you can get them you can just i'm looking at like i i go ebay sort by least at least to high and like i'm like all right that's how it is got to be careful with ebay though by the seller that's okay that's what i said but how do you charge one of these to go so this one plug it in it's got the ac got the usb port so this one is manually wound so you turn the crown and it's got a power zero feature here uh which is eight days so on a full wind you'll have an eight day charge on the watch so every eight days you wind a lot of people argue that it's just a rich person's toy um because who really needs to counteract the effects of gravity in 2021 and it's pretty cool to be doing that and you're rich do you know what i mean you're that rich you're like i don't got time nobody got time for grabbing exactly literally you got time for it okay and we got i think one last goodie here and then you look at my collection oh absolutely yeah i want to show you what i got jack is that a submariner yeah no here's your watch what what's the dial black dial yeah absolutely you got the green dial wow rolex submarine green green bezel sorry dial and bezel oh wow can i see how this looks on my disease so this is the watch i bought myself for my 29th birthday wow um as i've said previously i find rolex to be a little boring you know a little common but i saw the green on green and i said well that's the most iconic watch in the world the submariner with a little bit of that cash money pop yeah so i decided obviously my wrist is way larger than yours but you know what it it's it's weird with the stainless steel on the gold ring yeah that might throw i might throw it now he needs a gold submariner i think without the ring or you put the ring on the other hand did you put what's the significance of the ring on that hand but why does it need to be on that finger on that hand i just like it a lot you can't put it on the other hand i i my dad's wedding ring i uh i casted the exact same ring okay out of the same gold but you can't put it on the other hand it's pretty stuck i mean i could probably figure out a way to like get it off but it's pretty stuck you can laser it off you know does that look right to you look at how uh my knuckle is like weighted right now no you don't you can't you just make that bigger and put it on the other hand like it's cutting off your hands growing around that doesn't look healthy yeah yeah i i honestly you might want to expand the size of the ring a little bit and put it on the other hand put it this way if you fly like get on an airplane with that ring your finger might just explode all right i'll definitely look into this a little bit i'm not like i'm not even like as a friendly guy yeah so okay all right it's not like i never i never paid attention to but now that now that you're showing that all i know well i didn't want to bring attention to it but everybody look at his hand but it's one of those things that like you never notice it until you point it out and it's all you can my knuckle is larger than the ring like significant that's your body screaming for help yes honestly we're both telling you this i've never looked at this until then i'm not kidding with you i would highly recommend resizing that right getting it taken off yeah expanding it a little bit and i don't care if you put it back on the same finger but make that ring a little bigger hey graeme i say it for you buddy how's this guy gonna end a video missing a finger yeah that's true yeah listen i like i like the watching you i think i think that's the watch is so great submariner i think that's an awful example because i've got an eight inch wrist and yeah he's got a skinny right but yeah it's listen it's a great looking watch i went for the green just because you know and actually i bought it for eight thousand dollars wow that's what we're 13 now 17. 17. because it was just discontinued beautiful watch the one watch that i really wanted that i didn't get that i'm regretting uh when they came out with the uh the daytona with the green dial oh yeah and john mayer yes killed it and and what had with that when that came out it reminded me for some reason of a craps table at las vegas with the green felt and the green dial and i thought gosh that would be an awesome watch to get and i just thought you know what it's too flashy it's too bright baby yes but i loved the color combination of that watch and that was back when it was selling about 30 to 33 and there are a whole bunch of them for sale it's like double that now yep and uh and i've realized now anytime i've liked something to that point where i'm like oh that's a gorgeous one like i want that but i'm not gonna get it it always goes up every single time what think of it this way i mean i know i know your whole thing is you're extremely financially responsible yeah and you should keep that up because you're doing your viewers a great service but in this case wasn't it extremely financially irresponsible not to buy that rolex yeah wow oh same here's here's another example of just when i didn't listen to myself over this um when i was like 22 23 i really wanted the zenith rolex daytona stainless steel black dial and those were selling for less money than the normal rolex daytonas i didn't get it why does nobody want the zenith it was only made for like this is a rare watch why does nobody want it i thought maybe it's just it's old and people just don't want that and i wanted that watch and those were selling about 9 900 bucks maybe about 10 11 000. um and i didn't get it because i thought well it's a lot of money to spend on ten thousand dollars and now it's like 35 40 grand for that same watch yeah yeah you see yeah this is guys this all this means is you got to hit me up you know call me for your watchers and but now i'm trying to think like what i would buy now um and i'm not really sure like i'm looking at these watches i don't see anything to me right now that really stands out is like i gotta get that watch i'll tell you this yeah i've been i've been watching you for a little while and i've always realized you had nice watches yeah you never really point them out in your video but right now you're wearing a classic retro inspired zenithel primero now it's actually this is the retro one actually here let me show you my watch this is your grandpa's watch you told me correctly this is it yeah so this is the original 1969 zenith el primero it was never worn before me and it was just kept in a box yeah this is one of the nicest examples by far thanks that i have ever seen yeah when i took it in so i took it into i found a vintage rolex forum online when i found this watch i post it up there everyone is telling me dude take it immediately there's a there's a a person who services rolex watches downtown la i took it to this guy he was florida with the original box no papers but had the original box original strap this guy said this watch was fought he had never seen an example like this before this is one of the nicest ones i've ever seen yeah honestly it's beautiful and i also know you have a panerai yes i do i didn't bring it okay but yeah i love that padaway thank you yeah that was uh i've had that watch for a while and uh but yeah this is uh this is watch number one and this is one of those things honestly i've i beat this watch unfortunately and i've scraped you could see on the right light i've scraped the uh the front the crystal on this and uh you know what that polished out yeah but this is one of those things where i don't want to keep this watch pristine it's like this is one of those ones where i feel like i just gotta wear it and i love it and the only thing i'll tell you is just keep that away from water oh yeah like keep it away from like the pool the shower oh i do yeah yeah any moisture like i'm not gonna take it to the beach or anything like that but uh but i wear this around this is by far the watch i wear the most often should be that's how it should be i mean there's nothing worse to me honestly it's a little bit of a rant somebody who spends can they grab me the box a ton of money on a watch that doesn't wear it what's the point that's why jack when you get your sub please wear it that's that's um i will say yeah i don't i i this is hold on okay so this is the other rolex okay this is a 36 millimeter datejust current generation fluted blue dial i'm gonna be honest this is um this is just a fantastic watch for every day there's no occasion where this does not work you can wear this to the sauna to the beach or you can wear it on a suit it's extremely classic white gold dial oh sorry bezel michael deville is the best part okay this is the best part of the watch yep guys it's engraved i don't know if they can see this you put b-roll it's engraved with two million subscribers um which apart from your grandfather's watch yeah which is always going to be number one this has to be the most special watch in your collection just for this was a gift it was a gift grant navarre i think you might meet him later he'll probably come out with us if you want to meet him he brought his watch collection by the way he's got a gnarly watch he's got an insane watch collection so um you'll meet him he got me that as a gift when i hit 2 million subscribers he sent me this that is an incredible gesture yeah and this is why when you get your sub you want a milestone because you're going to have this forever oh yeah and it's going to mean something forever and he got you a watch which is honestly wearable on the occasion mr navarre has fantastic taste yep yep so this i love the blue dial oh he also got me a mont blanc pen that matches get out of here really yeah this guy's detail-oriented yes oh extremely but yeah this is one of those pieces that like you passed down like this these are like like we were talking tattoos the other week and i was like i don't have any tattoos but for me like these like like big events or stuff like that that happens to me it's like you get a watch or you get something like this that you could pass down and once again it's not fiscally irresponsible because if done right you're not technically out of the money you're just parking at something right then we got this you know what's i love that watch but i'm also extremely intrigued by that box so this is a solid rose gold remake of the 1969 el primero it's got the same case profile uh it's got the sapphire case back so you can see the alcamera movement which is something that was never done back when your grandpa's watch was manufactured i like it better in steel but i love this to death because you're obviously paying homage to your grandpa yes by getting a new 50th anniversary the new version so you have the old and the new you must be one of the few people on earth one of the very few people on earth that owns the old iteration and the new iteration yeah of the watch now this is one i mean i would wear this for very special occasions i wear this all the time like gold is a little tougher for me to pull off all the time and it looks good on you i've seen it in your videos but i don't know what makes it super cool to me is you have both yes that's what's so special right i thought about getting the white gold because they only did uh precious metals so they did yellow gold rose and white um i thought the white would have been too similar to that and would have looked like the same thing agreed i thought yellow gold oh wait no this is yellow gold sorry this is yellow yeah i didn't i thought the rose might have been a little too trendy so i figured the yellow gold would be more of like a classic color i mean this is a very handsome watch look at that it shines a lot that's what i have to say but it's still like a zenith i mean this is a watch geek watch yeah if somebody stops you in the street and like hey man what's that watch and you say zenith they'll think you have a you know the tv company yeah that's it the radio yeah um but but no i mean people that know zenith makes one of the best and probably the most iconic chronograph movement um stopwatch movement for the layman uh in in in the watch world so this is something i just bought the guy was going through some financial difficulty those are usually the best deals sold it to me at like half price cash so i'll let you do the honors all right let me see put that right there for now so get out of here so i picked this up for like 20 something thousand cash you stole it yeah guys this is am i taking this box yeah sure yeah so this is a rolex day-date nicknamed the president with the green dial uh also made extremely famous by john mayer um usually solid gold rolex doesn't hold value extremely well generally this is a major exception to that rule this style is sold out everywhere um it's a little flashy but it's supposed to be yeah that's the whole purpose of this watch and it's just it's i mean this am i holding this for a second this is not real why did you break so easily graham you bro easily oh i couldn't i couldn't hold back okay but i will tell you how long did it take me to spot how long i mean i was okay in my mind i was telling jack i was preparing for this oh yeah i made the dial pretty uh pretty small in my mind i was going to pretend to be like not knowing it was fake and you were supposed to tell me like oh this isn't that out so much i planned this out i couldn't i couldn't i was breaking her yeah yeah i like put my head down because i didn't even notice it yeah yeah as soon as you as soon as you took it out and i said but okay the plan was that uh that i was going to pretend it was real and you could be like no it's not real and i guess it is okay i'm just proud that i don't look awful on camera being a professional dealer and i'm just proud that like i caught it yeah that's all i wanted because i was worried you were holding it talking about it and like it's a light watch you're not going to know until you take it off because it looks good listen if you're this far away i'm not going to lie it looks okay yeah but you take it off and it feels like crap like it really does um i am so disappointed in myself i was going to play it out and like have like i can't believe are you serious like no no well enough that you would have never bought something like this for yourself okay so fun i did want this watch and i thought to myself uh before i spend the money on the real thing i'm gonna get a replica version wear it for a little bit see if i like it and then if it wears off i'm not gonna buy the real thing sure enough i got this wore it maybe a few times just to see what it's like and uh lost uh lost the appeal but i love the watch fair enough i mean listen it's a beautiful watch it's just not very grim yeah in my in my opinion i love the green dial the olive green you're gonna punk me yeah on your channel right now is that was that is that the plan yeah invite me all the way to vegas and make me schlep all the way out here and you're gonna punch we were so excited for that you were quick you were quick to spawn that would have been even worse i love this watch wow you got such a deal here you go but then i would have thought too you were just being polite like you didn't want to tell me it was fake like on camera play a long time honestly when you told me how much you paid for it before i held it i was prepared to make you an offer i'd be like i'll pay you 30. i will not pay you it would have been worse it would have been worse had you not caught it that quickly yeah can you guess how much it was 70 bucks no no no okay real realistic realistically how much do you think that replica is worth i mean it's worth nothing how much would you pay for it yes so you got a swiss etta replica it feels like like it's got a swiss movement i mean on the replica forums must be like 280 300 bucks something like that yeah i think it was about 350 okay with shipping and everything here's the thing yeah the the head looks great it's just a bracelet yeah which feels awful it's the uh yeah that being said i don't condone um you know i'm just i don't condone it but yeah listen it could be worse i appreciate the fact that you just said like this is fake like immediately like you didn't even consider like a shoot should i not say this yeah but like yeah i would be very careful i would just look at it and you know good luck this is nice this is nice hand it back immediately like the last i no time handling again i do this for a living you know when people call me every day and send me pictures and walk into my office and like yeah you're right i probably should have been more polite but like it's a reflex for christ but i started laughing too quickly which that's my fault yeah yeah you should take this to the m and see if anybody will give you like a marker against it so i i think let's uh how long are we in the punk right 90 minutes so we're good but i do have a couple questions please please please so what was the first watch that you got the first watch i got or the first um like high-end watch i got the first watch you got yeah first watch i got was called a swatch b okay it was a digital watch where swatch actually invented this new thing called internet time so that it it's a new way of telling time where the time would be the same all around the world obviously it didn't take off this was in the late 90s i got it when i was like 10 years old on vacation um very very cool like digital watch i actually had a cartoon for some reason if you held on the button for too long had a cartoon of a dog peeing on a lamp i'm not sure where that even i don't even know why that was a thing but yeah it was the swatch swatch beat beat e80 bea cool um so what was your first luxury watch my first like luxury watch that i spent my own money for uh was an iwc engineer blue dial a watch i actually just recently sold for my collection why would you sell something that has so much sentimental value i because it had sentimental value and and i here's the thing i agree with sentimental value as i just give you the whole spiel about sentimental value but at the same time i make a youtube show about watches i sell watches i touch watchers every day i want to experience as many watches as possible and i don't have the financial ability to just keep buying and buying and buying and buying and not selling i have the memories the memories will be with me forever you know i've made videos about it those will live forever or as least as as long as youtube survives so you know i'm always connected with that watch but unfortunately these are expensive items and sometimes i just have to make you know the executive decision and you know make way for other things and how much did you buy it for and how much do you sell it for so it was nine thousand dollars i got an employee discount for five thousand because i was working in the watch industry and i sold it for 4 800. that's a pretty good deal to have a watch for so long i lost 200 bucks and um how many watches do you currently own uh this is gonna sound so pompous i actually don't know um i mean i'm sure i could figure it out if i wait if i do the mental math but i don't actually have i actually don't know somewhere between like eight and twelve okay do you ever wear non-expensive watches occasionally i mean yes because there's some that i just genuinely like like i love my seiko i have a swatch that i love but at the same time when i have the ability to wear all these beautiful things you might as well that i've worked so hard of then i mean i consider myself relatively humble i mean i know what matters in my life so you know why do i have to pretend you know a lot of people say well how could you wear that around how could you put tenth out because because i enjoy it and because i can and because you know it's um you know it makes me feel special what can i say how do you think the popularity of watches will hold up in the next 30 50 100 years i think watches are no longer tools unfortunately people don't need them it all depends how much people want them the watch market seems to be growing thankfully particularly the vintage watch market i think millennials are starting to think watchers are cool not for their utility but because they're considered retro like even a new rolex is like retro tech and just like retro gaming is making a huge comeback i can kind of see watches falling into that kind of cool factor uh as well you know that's what i think at least where would you recommend buying a watch now i know you're obviously you know you're but what do you think about buying launches on ebay and chrono 24 i think uh that can be a great and an awful idea at the same time you gotta remember ebay is not selling you the watch chrono 24 is not selling you the watch some guy who posted on ebay and posted on chrono 24 is selling you the watch you don't know that guy um if you have no idea about watches and it's your first watch buy from a trusted source you know buy from a retail store pay full price on your first watch or buy pre-owned maybe for me or somebody else that you trust trust the number one if you're like me and or like you and and you know watches really well then sure go on ebay go on chrono24 get a good deal but you remember it comes with inherent risks there's fraud there's payment processing issues if you're ready to potentially deal with that which i am you know i am because i know what i'm doing then go for it but i don't recommend anybody's anybody's first or second watch brochures be on a marketplace what if it comes with box and papers how much does does that not matter can you swap them internals and it matters because papers are worth make a watch worth more but just like the chinese can fake a watch or chinese can fake papers or or you know wherever the fakes are made i mean papers are worthless unless you can verify like to me papers are worth everything because i know what a fake pair of rolex papers looks like but if papers should not make you feel safe so now since i like i work in youtube and stuff like that whenever i'm browsing youtube and i see youtube videos like i'm constantly analyzing the thumbnail and the title it's just something that like in the back of my mind i'm fixated on when you enter a room full of like people or if you're at a party or something like that if you're at the casino are you constantly looking around for just buying watches first thing i see it's just subconscious it's no work it's just i look at people's wrists and you identify everything's like okay got it usually yes can you spawn fakes how often do you spot fakes when you're at the casino um often than you'd think okay i mean let's say this this let's say my watch yeah if i were this far away from you i'd say would you be able to eat i'd say from a distant snow but as soon as i touched it okay from a distant snow okay but it's a relatively good fake you know there are others that um you know there's there's some pretty bad ones usually it doesn't have to be off the wrist for me to spot it how often do people try to come to you with a fake trying to sell it to you or trying to pass it off as real i mean it happens a couple times a month and it's always with some story that you know oh my grandfather left this to me and i don't know what it's worth or my friend it's always a story like i got it from this guy and i want to sell it i'm like okay like and i you know i don't tell them it's fake because it's not trying to get into an altercation you know with them because people get upset yeah so i always say you know just take it to rolex have authenticated and come back with the papers that's like my way of saying yeah yeah got it come back yeah what is your all-time favorite watch and your all-time least favorite watch i don't have an all-time favorite watch because it changes the daily i'm sure that yeah you wouldn't whatever sell stuff answer yeah almost overrated or just like least favorite watch most overrated this is going to sound awful oh i know what you're going to say is rolex i think rolex makes a fantastic watch they make a great watch great watch but it really is like the level of like cultism that follows that brand i'll tell you i don't understand but it's not i'm not saying it's a bad watch i just think it's just so crazily hyped um but i think the brand i like the least like one i wouldn't like wearing i know cause you talk about it all the time um i mean there's always a brand from watch i'd wear i don't love most tag warriors um even though i there are a few that i would what what what is the brand i talk about all the time oh yeah i used to own a who yeah i used to own a hublot but you know yeah hublot it's not for me to me that is i would say my least i don't even remember them as a watch brand to me i would say that's my least favorite brand of watches is generally hooplo uh one though i think one of the biggest reasons i don't like them is because every watch they have is limited edition but when everything is a limited edition nothing is uh the other thing with hublot is i feel like they have replicated ap a little bit too much in their design and aesthetic and um but for half the price and the resale is terrible and i'd say just for resale alone is terrible they'll last 20k and then you find the same watch for like eight same thing a brand i'm starting to dislike great watchers but i'm starting to really dislike his ap because everything is the same it's all the same it's like a hundred years of the same the same royal oak royal oak royal oak road offshore royal look safari royal oak ultra thin it's like guys like beating the dead horse and i have nothing bad to say about them apart from the lack of originality because they hold value well they're beautiful watches are extremely well made but like let's change it up and then they made the quote 1159 which was their new release and everybody just hated it what do you think last last one tech love them um love them i think they run the risk of being a little complacent with their production i think there are finer watches in the world than patek they are not the best watch in the world but you know just genius marketing fantastic products history second to none they make sports watchers make dress watches so they make something for everybody i mean i will own a patek in my life i will own one um the one i really want here's here's one that's about to go up in valley because i've wanted this watch for a while the calatrava the old the the best value yep sure sub 20k yeah which doesn't make any sense to me because it's a patek it's so simple it's so elegant it's beautifully designed and i think it's one of the most classic watches out there that's patek under 20. unbelievable what did i tell you let me give you a piece of let me give you mr mr graham stefan a piece of advice here financial advice buy one they're at the lowest they've ever been why and they're at the lowest ever will be why because it's not trendy right now but they've been okay so true but they've been at that price from when i started looking at the tech i've had my eye on one of those and and unlike any other like the rolex daytonas and the zeniths and everything else has gone up except for that watch but it's not going to be like that forever but it will go up it is a great watch it is special will it go up will it take a little bit of time sure but i don't see them could you i can't see it going any lower could you find me one because because otherwise i'd go on ebay and listen yeah i can't if i if i can't find you one at the very least i can tell you which one to buy that i don't have really i mean i'll do that for fun i don't know it's like a friend thing uh i would look i would buy a cali drawer i would do that i think it's a fantastic watch i think it's like i wish i could own anything like it no i wish i had a milestone to like uh three million three million subscribers hundred hundred thousand million subscribers you get like a new watch for your collection or a hundred thousand subscribers on the phone on the podcast yeah oh you're selling yourself making up your celebration is me getting my submarine all right and now everything is a miles about a milestone federico coming to vegas yeah yeah all right um i'll do that i would get that watch i mean i'm just it's just there's no there's no you're never going to get a cheaper in my opinion obviously i don't have a crystal ball but i don't think you'll ever get it cheaper than what it is right now okay if if you if you could bring me a watch under 20k on a good deal on it on a travel under 20k i mean just like like a good a good deal with with boxes like a collectible watch that you feel preferably box and papers that is good condition that i could just wear we're gonna do we're gonna hang out after those yeah you know we're going to talk and you're going to show me what style what color travels you like and then we'll figure it out we'll take it from there i'll do it okay it's perfect cool and i'll you know what if i if you buy for me if it happens that way yeah i'll handle over to you you know what i'll hand deliver it to vegas okay deal all right perfect all right i'll do it i i i've been to this watch for 10 years i've never bought it and you're right the price has not gone up on this watch um it will eventually i mean worst case scenario it's going to fall i mean it's been at this yeah i mean it these watches are like 30 years old 20 years old and they've just the same maybe plus or minus like two percent but okay deal all right perfect well guys thank you so much for watching i really appreciate it this was probably one of the most insightful because i'm so curious about it and uh it's this is something i've just been genuinely interested in but i've yet to talk to anybody at length about watches before so guys thank you so much for watching i'm going to link to your information down below in the description thank you for having me it's not sponsored or anything like that but you if you if you want anything watch related uh this is your goal don't even put the shops link just put my youtube channel there you go just the youtube channel you can find the shop link on my channel before you talk about it non-stop if you really want to you have the option all right there we go also make sure to add us on instagram uh make sure to get your four free stocks have you done that have you gotten your four free stocks on weeble uh we're actually gonna do that right after this deal okay so you'll get your four free stocks and weeble uh you'll have you signed up for yada savings no i haven't okay yeah also sign up for yana savings and uh with ted said you guys thank you so much for watching oh you got to subscribe if we're not yet at 100k if you made it to this point you haven't subscribed yet just do it it's easy it's free and uh we'll be at 100k any any moment now so i could get that calatrava and with that said you guys thank you so much for watching until next time take care cool what's up you guys it's federico uh welcome back to the 36th sixth ever so you need to ever ever episode of the iced coffee hour and so far we have made and then just say that number but really quickly guys we have a word from our sponsor audible audible is the leading provider of spoken word entertainment audiobooks and they recently added podcasts i'm someone who values constantly learning new things and audible is an amazing platform that offers over 500 000 audio titles audible offers spoken word entertainment ranging from celebrity memoirs and motivational speeches to 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