00:00There's a business lesson inside of this Rolex. Both of these are $17,000, but the one at the top
00:05has 107 grams of 18 karat gold. That's roughly 80 grams in 24 karat gold, which is worth $13,200
00:12plus a $2,000 mechanism. So that's $13,200 in gold on this watch plus a $2,000 mechanism. Okay,
00:22so that's the scrap value. That means you're only paying $1,800 for this $17,000 watch.
00:28What does that mean? If the gold price goes up another $800, this watch is gonna be free.
00:36Not something you could say about a stainless steel watch. They're both great watches, but this one's
00:40got a business secret. If you want one and you should get one, hit Encore right away or come
00:46down to 64 watch, 47 seat. It's Traxxon YC.
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