Grey Market Supply Increasing?

[Lukebennett21]

Been looking over the major greys the last few days, as I am want to do, and it seems like there is more Rolex stock lately.

Has anyone else noticed this trend?

Sorry to not have any hard data, just a subjective observation.


Edit - I guess I should clarify - I feel like I am seeing more and more pieces from the last 10 years sit on the sites - previous gen Bluesy’s, exp 39’s, Ex 2’s without the upgraded movement, hulks, etc. seems like the market isn’t just hoovering every single piece that is thrown up.

[Robine]

how much "more"?

And - is that a bad or a good thing?

[Atone]

Yes. Rolex tripled their output during Covid since people felt there weren’t enough watches being made. Next week most AD’s should be restocked with professional models.

[Lukebennett21]

Originally Posted by Atone

Yes. Rolex tripled their output during Covid since people felt there weren’t enough watches being made. Next week most AD’s should be restocked with professional models.

I’m not talking about the newest models....

[Etschell]

The 2ndary market is a controlled market. Just like all others. Biggest dogs set the prices. Everyone else falls behind. No different than most other markets. On this forum it is DSW. Online it is watchbox.

There is inventory. But the big guys can sit on more inventory. Of course they want to turn it over. But they can weather a storm.

Speculators and flippers are the ones that are feeding them.

Not a big deal either way. The current AD system allows this to exist. Rolex will go boutique except for maybe big box like Mayors. But I can imagine that Rolex will have significant requirements.

[Jpccarguy]

Originally Posted by Atone

Yes. Rolex tripled their output during Covid since people felt there weren’t enough watches being made. Next week most AD’s should be restocked with professional models.

Then I’ll be visiting my dealer next week!

[JRell]

Grey SMH

[Potawatomi]

The security guard at my AD says the Grays are stocking up

[Lukebennett21]

I guess I should clarify - I feel like I am seeing more and more pieces from the last 10 years sit on the sites - previous gen Bluesy’s, exp 39’s, Ex 2’s without the upgraded movement, hulks, etc. seems like the market isn’t just hoovering every single piece that is thrown up.

Maybe it’s just the result of refreshed models over the last year or two.

Seriously - was just wondering if anyone else felt the same way?

[Robine]

Originally Posted by Potawatomi

The security guard at my AD says the Grays are stocking up

Shhhhh!

[JRell]

Originally Posted by Potawatomi

The security guard at my AD says the Grays are stocking up

Security guard told me that Rolex is actually Xelor spelled backwards...think he is onto something.

[Explorer2polar]

Originally Posted by Lukebennett21

Been looking over the major greys the last few days, as I am want to do, and it seems like there is more Rolex stock lately.

Has anyone else noticed this trend?

Sorry to not have any hard data, just a subjective observation.

I have also been watching this trend but have widened it to a well known auction site, the number of New / Unused watches available for sale from Grey Dealers and Original purchasers is alarming.

IMHO the majority of Rolex and Tudor purchases seem to be flipped for profit almost immediately ! A Utube video posted by a Grey dealer shows a dude entering the store and flipping two Tudor Chrono's on the day he bought them for huge profit.

It seems no action by Rolex or the AD network is having any effect and preventing this happening.

[JRell]

Originally Posted by Explorer2polar

I have also been watching this trend but have widened it to a well known auction site, the number of New / Unused watches available for sale from Grey Dealers and Original purchasers is alarming.

IMHO the majority of Rolex and Tudor purchases seem to be flipped for profit almost immediately ! A Utube video posted by a Grey dealer shows a dude entering the store and flipping two Tudor Chrono's on the day he bought them for huge profit.

It seems no action by Rolex or the AD network is having any effect and preventing this happening.

You can flip a Tudor for profit? Lol come on bad joke!

[Lukebennett21]

Originally Posted by JRell

You can flip a Tudor for profit? Lol come on bad joke!

A lot of people did with the blue bay 58. Seems like they tried with the chronos but Tudor released supply quickly so they didn’t bank.

[Explorer2polar]

Originally Posted by Lukebennett21

A lot of people did with the blue bay 58. Seems like they tried with the chronos but Tudor released supply quickly so they didn’t bank.

The dude on this Grey Dealer video apparently made £ 750 on each watch, a cool £1500 profit for 1 hours work !

[JRell]

Originally Posted by Lukebennett21

A lot of people did with the blue bay 58. Seems like they tried with the chronos but Tudor released supply quickly so they didn’t bank.

I guess if you can flip a cup, you can flip a Tudor.

[Lukebennett21]

Originally Posted by jrell

i guess if you can flip a cup, you can flip a tudor.

🤪

[vh2k]

Originally Posted by Explorer2polar

I have also been watching this trend but have widened it to a well known auction site, the number of New / Unused watches available for sale from Grey Dealers and Original purchasers is alarming.

IMHO the majority of Rolex and Tudor purchases seem to be flipped for profit almost immediately !

Another one??? Jeez!

Utter nonsense.

[Mifune]

price pressure for secondary market values will trend down if people are patient as supply deepens. then again, the effects of inflation will drive up prices as the dollar continues it's debasement.

[Explorer2polar]

Originally Posted by vh2k

Another one??? Jeez!

Utter nonsense.

And your counter argument ?

[Explorer2polar]

Originally Posted by Mifune

price pressure for secondary market values will trend down if people are patient as supply deepens. then again, the effects of inflation will drive up prices as the dollar continues it's debasement.

That is the biggest factor effecting Rolex prices and values, the inevitable Crash of the US Dollar and rampant inflation.

A massive reset of currency and markets is about to hit us.

[JRell]

I only know about the grey markets from this forum or when I google a Rolex watch. Can’t we all just ignore them? Who cares what random watch they are trying to make a quick buck from? Silliness.

[Al1969]

Originally Posted by Mifune

price pressure for secondary market values will trend down if people are patient as supply deepens. then again, the effects of inflation will drive up prices as the dollar continues it's debasement.

Brought to you by “ Come on man!”

[Anton911]

Originally Posted by Potawatomi

The security guard at my AD says the Grays are stocking up

The cleaner in my AD says they will have ss Daytona’s in their display next week.

[JRell]

Originally Posted by Anton911

The cleaner in my AD says they will have ss Daytona’s in their display next week.

Which AD? lol

[vh2k]

Originally Posted by Explorer2polar

And your counter argument ?

https://www.rolexforums.com/showpost...9&postcount=37

[TTbluesy]

Those who wanted to buy during Covid have, and grey prices have gone so stupid inventory is staying put...$14,000 for a used Sub?...$15,000 for an explorer? People are planning nice vacations again instead.


Sent from my iPhone using Tapatalk

[jcdeng]

Even if rolex increase their production, it doesn't necessary mean we the end user will be able to buy them. First off the greys can buy up all the supply there is, increased production or not. Secondly as long as the market prices are above the MSRP, AD will just sell them out the back door to greys, or demand package deals from retailers. This will live on as long as Rolex is popular.

[TswaneNguni]

Originally Posted by JRell

I only know about the grey markets from this forum or when I google a Rolex watch. Can’t we all just ignore them? Who cares what random watch they are trying to make a quick buck from? Silliness.

I love grey dealers and their buyers,I keeps my AD sourced collection value high .Always a positive to any situation .

[Explorer2polar]

Originally Posted by vh2k

https://www.rolexforums.com/showpost...9&postcount=37

Rolex annual watch production is around 750 - 800 k, https://www.watchpro.com/rolex-accou...nual-turnover/

that is in a year without a Global pandemic, it is a fair assumption to say production would be reduced over the past 12 to 18 months,

this past year production figures are not available yet, so we don't know the exact figure.

So your data I think is compromised,

your further assumption based on exactly what are genuine Chrono 24 listings is another wild guess.

What can be relied upon is the numbers of listings and stock levels at Grey dealers, my own experience is valid and representative of the Rolex supply problem.

In the market for a Rolex Sub from an AD at retail ..............very difficult as always.

Wish to buy from a Grey or ebay no probs Chrono 24 has 487 available

ebay has 191.

The Flippers are winning and Greys are here to stay.