I'M SELLING MY WATCHES

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This week, we're back with Gabe and Danny at Happy Jewelers! I'm selling some of the watches that never make it out of the bank vault. You may be surprised with some of the watches I'm selling today, they featured on the channel very recently!

Happy Jewelers
Phone: (714) 992-0454
Address: 1565 S Harbor Blvd, Fullerton, CA 92832

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Check out the new “Behrens x Producer Michael” Limited Edition Apolar Watch

Get your hands on the new Interchangeable Tsar Bomba 8218 watch set, and browse the full range of watches on their website:.
Save 11% off everything on the website using the discount code PM11 at checkout.

FOLLOW:

Chapters:

00:00 - Back at Happy Jewelers
00:27 - I'm selling watches!
01:38 - Lining up the watches
03:39 - Rolex Deepsea "James Cameron"
06:18 - Rolex Day-Date 40 with diamonds
07:37 - The business model
08:24 - Rolex Yacht Master 42 yellow gold
10:29 - Second thoughts about the Day-Date 40
11:48 - Rolex Oyster Perpetual 41 "Celebration Dial"
15:14 - Rolex Sky-Dweller yellow gold
17:49 - Audemars Piguet Royal Oak Offshore
18:59 - A. Lange Söhne Zeitwerk "Striking Time"
24:07 - Flip a coin!
25:17 - Adding everything up
26:20 - Deal done

#watches #luxury #rolex
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I love watches and always preach, by what you like! These happy jewelers folks literally preached how "watches are THE BEST INVESTMENT" over the last 3 years. They told everyone to buy buy buy. "The money is safe" etc etc...I mean, they lowball Michael, and he's one of their superstar clients who has brought them many many new clients and free advertisement...IMAGINE what they would offer nobodys like you and I!

jw.
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The dealers are always saying what a great investment watches are, yet every time someone sells a watch they ALWAYS lose money.

NYGOLD
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I love how they preach how good Watches are as an investment, and then fleece him on the Watches he bought

danlopez.
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World in war and people starving. 3 idiots standing next to each other, 2 of them car salesman trying to make jokes and small talk to a rich guy and a cameraman.

What a time to be alive

HH-qtbh
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Does anyone else feel like they need a bath after watching literally everyone in this video?

randys
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This was hard to watch. Because anytime you try to sell your watches back it’s going to always be in the favor of the one who is buying them from you. Not you the seller. So even though all of you are chummy, get along, there is still an air of animosity. Which makes it uncomfortable. Which happened here. I felt it. I saw it too. 😬😬😬

shadowfilm
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Thank you PM for an educational video. So losing 35k is not good, but the loss is actually greater. You have to take into account the loss in interest the money would have generated if not spent on watches. Let's say all these wathces cost 200k, and you kept them for five year(never worn!!). Had you invested this money in the most conservative investment, which genreates 4% yearly interest, after five years you'd have a profit of over 40k(not including accumulated interest). So PM paid more than 75k for the experience of purchasing the watches and putting them in a safe, never wearing them. Let that sink in.

da
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This just shows me proof that watches are in fact NOT good investments.

hilarityhilarious
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Happey Jewlers has a Dark Aura around them no matter how Happy they pretend to be...

azwildcats
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I used to collect watches buying as and when I liked the look of one and had spare funds...all of a sudden I had 35...some hadn't even been out of the box since store day - much like here - after taking a loss on a fair few of them when selling them on I realized it was a mugs game for us, the consumer. I scaled down the collection to 4 watches I absolutely loved and would wear regularly if the mood and occasion suited. It's worked well. Now if I see an absolute must have piece, then I stick by the rule that one in the collection has to be sold to make room. Works for me.

chiganuggoo
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Selling on camera to get more money, a trick ordinary people can’t use. Those dealers are sharks but they don’t want people to know it.

bbrebozo
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Whenever you buy it's at the height of the market and whenever you sell they say it's a bad time for watches 😂

Fast_Eddie_
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These “happy” jewelers aren’t wrong, they’re happy to hustle you like they do their “good friend” Michael 😂

anderbeau
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They’re just laughing and taking the piss out of him as he loses money on every watch. But the worst part is he’s laughing along with them.

TC-jgcz
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What a blessing Producer Michael can take a loss like that with a smile on his face. I know for me, a pensioner living in Central America because I can afford to rent a small house w/garden, that is a butt load of money. I love watching well off people buying watches, cars and elaborate houses. I am so happy they make videos. I have a really good life, I am by no means complaining. The two gentleman are also fun to watch. Great job Adam for all your funnies

simoneconsciousobserver
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In general, watches are not an investment, just like cars. Are there some sure, but in general they are not. Michael is an impulse buyer.

johnnymanela
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I think if you were to sell every watch you have that you would be down $950k. Try selling the Jacob’s back. You’ll get peanuts

beyondfirstclass
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Michael certainly brought them millions of dollars and they literally ripped him off on every watch! I would never buy or sell anything to them!

fa
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Few monthes ago i bought one ounce gold bar (31gram), yesterday the same seller told me that he is ready to take it for a few hunderds more... NOW THIS IS INVESMENT AND REAL VALUE..!

mixmanm
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Michael spent the last 3 years telling us how much money he made on watches, and now we see what really happens when the market changes. It doesn't always go up. Next year it will crash.

hhefner