Kevin O'Leary Shops for AFFORDABLE WATCHES | Ask Mr. Wonderful

welcome to another episode of ask mr wonderful and guess who i've got with me you've met him before teddy is an absolute author of great work on watches i love him i love his his depth of knowledge but you know we talk so much about really expensive pieces all the time so i decided to challenge teddy i said listen let's both go into our collections and come up with inexpensive pieces that are spectacular watches something you'd be proud to wear on your wrist you don't have to spend a fortune on and i really mean it i think everybody says oh you have to spend hundreds of thousands of dollars to build a watch collection not true you can get a very diverse and beautiful set of dials very inexpensively so let's go to teddy well thank you for that flattering interest well it's true we've done some great work together mostly on the really high-end amazing and all kinds of brands that cost a fortune but now it's time to go the other direction show me what you think is great value so what i did was i mixed a few different things so i had some stuff personal launches stuff that we sell on our site but i wanted to kind of start from like the lower end to begin with so i kind of call these like gateway drug kind of water you will mention price right yes i will mention prices so for all of these these are all sub 500 dollars and these are watches that people sub 500 500 i thought it would be fun to just see how you would react to them so a couple things i mean i have to ask you right out of the gate if you're buying watch for 500 should you assume it's not collectible you should assume it's not a great investment or should you just write it off over time so i would not say classified as an investment this is just a fun piece this is just a fun one just fun to watch 500 bucks some of these do retain their value reasonably well compared to other things under 500 dollars what you're maybe going to buy but that's not the reason why you're getting it you're getting just to maybe get into this level watches for the first time and will we know some of the brands absolutely well so for this first range i mean one that's probably going to be very popular is climax and this of course this is the entry level of entry level so this is 260 this is the timex marlin so back in the 1960s you might have been familiar with seeing some of the marlins and the back in the 1960s i couldn't afford a two hundred dollar watch well that was probably back then i mean maybe talking 10 10 bucks you know back then yeah so so the club you know it's it's retro vintage now exactly that's beautiful so that watch has been so popular yeah for this newer enthusiast getting into the hobby for the first time so 260 bucks you got a yoda caliber inside of it and it's it's just it's fun to put on your wrist and say yeah it's a timex yeah it's just fun you know like hey i'm like that's cool that's a good entry door so a couple other places to look so this is a brand that has become very much uh an entry door into the world of entry level divers yeah it's orient so orient is a japanese brand yeah you're actually under the seiko epson corporation yeah that is called the cano that one's a little bit more striking it's got a red dial yeah that's definitely a diver watch yes okay around 250 to 300 are you kidding yes for 250 would you drown if you went down with the tank on no that's 200 meters water resistance very capable wow okay that's a surprise to me that's a pretty good deal that's a spectacular looking piece for that price 260 bucks we're not talking secondhand these are this is brand new brand new retail brand new factory pricing absolutely factory warranty and all this is a whole new world no one knows about teddy you've discovered here i don't people know about it i don't know if you know no i don't 250 it's it's no i haven't looked at too many watches for 250 bucks two other places to look i know you're in love with dials yes seiko to me okay you can't you can't go wrong with seiko i want you to look at this watch so this is the srpf srpf41 this is how much i mean look at that dial just look at it close i mean this is not a grand cycle this is a sake it's a seiko and that's an important distinction to make but the dial on that what i mean spectacular automatic watch automatically price point 480 bucks wow you're just taking my breath away that by the way that looks like it's worth 1200 times more it's just i mean that dial is effect i mean that is technically it is they're famous for their dials it can't be one of their hand-painted dolls for that price but they've emulated the look yes they have and it's very well executed so there's another very popular series in this range which is called the cocktail time so they basically replicate uh inspiration from like japanese cocktails and probably the best dials you're gonna find before really really nice piece i mean i have to admit that's a great deal but i always felt always seiko you get value you do yeah and you know i buy a lot of grand seiko product because it's patek philippe quality almost you know that's the way i look at it at a fraction of the price seiko is i mean people love psycho i absolutely love psycho so i thought that was a guy who loves dials figured that was a good one so this is a bulva lunar pilot you might be thinking this kind of looks like a species no the brand everybody does cool backstory behind this watch so this was a watch that actually went to the moon as well no way 1971 apollo 15 david scott where is kidding and how the story goes you're a walking encyclopedia i don't know how much of this is fact or fiction but apparently he had a speed master on yeah crystal popped off oh i heard this story when he got off the lunar module he brought his own personal bull the lunar pilot so that's the cool thing about you had it as a backup is there any truth to that story there is truth to that story that he actually brought it on because it actually sold at auction in 2015 for 1.3 million dollars what's the original factory price this on the bracelet right here we had it for 600 wow so it went from 600 to over a million well that's for his personal i get it but it's the same piece but it does have some really interesting you know backstory to it it also has a high frequency cord so traditional quartz is going to oscillate like 32 000 times per second that's like 262 000 yeah that's a very attractive piece at a great price i mean i think what's good about this is you're really opening my eyes up to some very interesting price points here so that's getting in so about 600 bucks there now once you go to our next fades up okay some other stuff that you might think is cool this one is not probably the thing that's going to epitomize the brand but it's got some cool backstory so this is called the ventura from hamilton so this is i'm well aware of that that's a very famous style very famous you know every everybody that's into watches knows this piece in terms of the shape of that yes and it was really became popular i mean it was unveiled in 1957 but uh elvis actually wore it famously so it's kind of been claimed as the theology and so did the jetsons it does look like a futuristic 1950s you know exactly absolutely that but if you look towards the future this is i think what people were the price point 840 bucks incredible of course can you get it today for that price yes yeah we sell it um it's a pretty cool launch that's beautiful very very cool did elvis have this little waveform on it too so the story behind it it was actually the first watch with a battery and they had this weird setup where it was using magnets and then it had a traditional balance wheel so and that's how that watch would work a lot of them didn't function very properly that sounds like a horrific design so they transitioned over to quartz which that one's gonna be a quartz watch but you know high accuracy this one i thought would be interesting because you're from canada yeah right yeah this is a canadian brand you're kidding marathon so marathon made in canada so they make their watches in switzerland yeah they were founded in canada yeah they got the rise in 19 really became very popularized in this military-style watch that you're seeing here in 1941 because it supplied watches for the allied forces both for canadian and american armed forces and all their watches are really built for that spec so this is called the government search and rescue and they're still being used by military personnel to this day use tritium it's a dive watch it's a tool watch what i have found a lot of collectors who really tell me the price again that's gonna be twelve hundred dollars wow that's a great value and a very striking piece i mean this is a honking piece of metal it is honking and it looks so you see how it's like seated very low in the dial like the dial seems seated very low yeah that's done with intention so what that watch uses is tritium so tritium is different than what you'll probably see on most of these watches that use super luminous luminova tritium is a constant illuminating illuminating material so i have actual gas tubes inside there that's going to house that tritium and why people in the armed forces like this is because it's constantly illuminating it doesn't need to be charged so when you're in very dark environments it's going to of course never fail you fantastic so like really deep underwater yes very deep underwater and the reason they have to make it so kind of like they step the dial in a way and have it seated so low and if drivers adopted this yes absolutely amazing price point yes so i thought that'd be interesting because you had that connection to canada all right another place to look i love this brand yeah it's called so jung hans is kind of classic germany it almost looks swatch-like you know it does have a little bit of that so it's mid 50 you know 1950s there was a swiss designer max bill yeah a very famous architect who went to the baja school of design i am a huge fan of i could see the elements of baja in there for sure this was a watch that not this specific one but max bill he was went from creating wall clocks first for the brand and then transitioned into wrist watches that's nice price point 1300 bucks not bad not bad that is actually very unique as a dial it is there's really beautiful people there's really nothing else like that so when people are looking for that they call it minimalism but i i there's minimalism as a pursuit something like a lovato kind of thing you know a little bit of that but i mean this is true bauhaus design true principles from that school from an iconic designer i like it tell me about let me pick some dials here yes no actually please tell me about this one this is also very interesting so one of my favorite brands and i will i don't want to say his name but last time that we had dinner in miami we were sitting with a man in the industry that was i think we both hold in high regard i asked him what brands do you respect he said brands like rolex paddock of course you know another brand he mentioned this one right here what is it no one's glassing so they're a new german brand you're kidding 1990 they started wow right after the you know the fall of the berlin wall you know they emerged very much like other brands in germany at that time but they're doing some fantastic things so this is a in-house caliber you're looking at 3 700 bucks for this yeah very much a lot of the same type of inspirations as 3 700 you're kidding now a brand like this are you gonna buy this direct from the online from the company yeah we sell it as well um and the cool thing about this one what's going on here with this so this is fun all right so this is their metro it's called and this is a power reserve so what they've done is there's a little aperture in the dial and it will actually have three discs with gears on it so as you rotate see what's happening there see that little red it's slowly disappearing so what that's doing is it's indicating to me once that red disappears that this thing is fully wound so it's just oh so it's a power reserve indicator yeah it's really a very great idea it's very cool that is cool they're making their own movements this also they're actually making their own escapements as well yeah there's that's amazing for around three three grand so east berlin type thing where this goes yeah so they're in glacier they're in glacier time okay very interesting that's the same yes same city tell me the price again 37.80 yeah amazing that's fantastic so okay launch maker real watch that is that you know that's that's very interesting let me pick one more then i'm going to show you some yeah please okay looking for something you know tiso is always a classic starter watch it is i i forgot to mention tco at the beginning so that's the new prx and that has been very popular as of late it you probably can guess why i mean you can see the inspiration being drawn from that integrated steel sport style bracelet price point what would you guess 1200 what if i told you 375 bucks wow that's a phenomenal deal with a brand that's well known in europe yes maybe not as much here but you know you go to switzerland walk around geneva everybody knows it too so oh 100 yeah cool i mean case finishing yeah i think it's way above what it's fun it's almost grand seiko-ish and polish uh it's beautifully done it's very nice for that price these are incredible deals it's a great idea teddy to cover it this way absolutely great yeah because i think everybody like you said they deserve to own a nice watch i really think it should be limiting because i guarantee somebody's buying that watch today is coming in here and buying a rolex you know or you know whatever they're gonna i understand but let's let's talk okay let's all right let's get let's go to an entry-level watch right here this is a um rainbow from rolex i'm sorry i'm just kidding no i know but i mean you know it's it's a beautiful piece it's very unique a lot of work goes into actually getting this this four degree separation of the rainbow itself with these jewels now it's not exactly enteral entry-level pricing it's about a hundred and fifty thousand but they're tr because they're very hard to find they traded about four hundred and twenty thousand dollars a good way to start now you can either send your whole family to college buy a house or get this watch i'm just having something they're going to a good school today no i know i'm just having something but i buy a watch like this because it's very collectible as an investment obviously that appreciation from retail to the current prices it's rarity and i'll do one more fun one just because it's fun to show off a little bit i have the tiger a great entry level diamond piece that's like looking into the sun i know you can't really tell the time you need sunglasses but it's i didn't used to do bling since i last saw you i was very much against playing but i've been turned on to because i'm living in miami now i need some really trashy stuff that's and this is this is it i mean this really looks ridiculous that is going to catch the eye i can imagine that on the beach or taking a walk that just gets a little this with jeans on and a t-shirt that's the look i'm looking for here but also you know a ridiculous price however it doesn't mean that that's all i buy i'm a collector so let me show you something i think you can appreciate this i love this you tell me what this is long gene conquest yeah what do you think the price is well i know it's around a grand it's about 1200 bucks probably yeah i am so so i'd buy dials and i don't really care what the price is including going down to something you know under two thousand or a thousand dollars this style is stunning it's a beautiful piece and it reminds me very much of this style you know the 60th anniversary version they call it the superman also very affordable very affordable but you can see similarities in terms of look and feel of that can't you this is around six thousand dollars but these are some of the watches i wear every day because i just appreciate the beauty it doesn't mean everything i've got has to be a ridiculous price now here's something i don't think you've seen ever because there are none tell me about this watch this you know the brand you know the look and feel this is the pilot iwc right um i think there's a total of i can't remember i think it's 1100 pieces but they were only sold to individuals associated one way another with lebanon so they were sold in the united arab emirates and the boutique in in beirut to offset the cost of that horrible disaster when the boat blew up in beirut now my mother was lebanese my father was irish and i was very fortunate to know one of the members of the royal family of uae and i asked on his behalf because he knew my family could they approach iwc and allocate one to america they actually said no they couldn't but they would arrange for me to get one through my friend so this is only a six thousand dollar watch but one of a kind in the lebanese logo of the cedar of lebanon on the back i wear this all the time it reminds me of lebanon and my mother but you have to say that's a beautiful piece stunning i love the green it's fantastic the green is it's green black depending on the light so again a piece in my collection that is not a crazy price but i'm looking for something unique as a collector and this certainly fits into that category so what i'm saying is you don't have to buy a huge expensive collection you can find collectible watches at very reasonable prices i also consider this superman this grand seiko sixth anniversary to be highly collectible because they only made a certain number of them and i think in the years ahead this will appreciate in value and look terrific so that was the theme oh teddy one other watch here um this one hurts a little bit yes it should if you watched our previous video you came over from teddy's video i'm going to do the 57 super ocean and i'm going to do the ball when you're not compliant you have to be punished teddy and now that's going to happen right here my friend yeah i want to make it painful you saw that teddy broke the rules in our contest and his punishment was to let me buy this watch which i did for 35 i was given incorrect information stars and stripes and i know you know this mark tell us about this brand i mean in some way you can kiss a goodbye by explaining what it is so bolova is a great rich history brand here in america founded by joseph bulova he was an american immigrant and they were really trailblazers in adopting a lot of interesting styles and also just ways and methods of marketing products during the mid 20th century they were the first brand to actually uh have the first tv ad i don't know if you ever knew that during the world series i do remember i do remember so they did that they were also very active in tv you know sponsoring frank sinatra and then once you got to the 1970s like this piece they start getting into these crazy chronographs they're just very eccentric and fun this this is really they call it the stars and stripes because it emulates an american flag kind of got like these hands that look like rockets it's it's fun it's a lot of fun and i think it's going to look terrific on my wrist and i love the fact that now i'm investing in vintage i don't do a lot of that but when you get something so unique plus i can take it out of your collection into mine which makes it extra special that makes it a story watch and a little painful for you i realized but for me it's absolutely wonderful i will tell the story to everybody that doesn't see this video if you see you know teddy broke the rules very bad boy and i got this watch as a result it's absolutely spectacular thank you teddy look i've had a wonderful the woman listen the pain will eventually go away as you see me wear this all over the place it's fine but i really love it and thank you very much for bringing it up and showing it to me it was actually great of course anyways thank you so much you're such a knowledge of of what your what your knowledge to watch this makes it really interesting because i think what you did today was important i spent so much time talking about the crazy prices on watches which i've been appreciating as an asset class very well but it it makes it you have to take time to go back and look at what's available at any price and you've brought forward some amazing pieces at incredible prices that have really opened my eyes up to maybe look there's a lot to be done at under a thousand dollars in fact you know under 500 fantastic watches yeah there's a lot to have i mean there's other great brands on here too like an aorus for example which is fantastic that two thousand dollar range zen lotto micro brands like a formax and monta i mean it's beautiful it's a lot there's a lot out there so you don't need a ton of money you don't need a ton of money to actually get into collecting watches that's the key think about that you can start at a very low price point diversity of dial diversity so everything's different in your collection that's wonderful look for things that don't look like the other watches you have and build a collection as i love to call it teddy thank you so much great working with you today i look forward to our next journey wherever it takes us see where it goes as always

Channel: Kevin O'Leary

Views: 434,908

Rating: 4.9285378 out of 5

Keywords: Kevin O'Leary, Kevin O'Leary interview, Kevin O'Leary speech, Kevin O'Leary top 10 rules for success, how to become a millionaire, how i became a millionaire, how to make millions, money, wealth, cash flow, entrepreneurship, entrepreneur advice, success tips, success habits, millionaire habits, millionaire tips, how to make money, how to invest, shark tank Kevin O'Leary, ask Mr. Wonderful

Id: 6iPuqo09vhw

Length: 19min 7sec (1147 seconds)

Published: Sun Mar 28 2021