Quote:
Originally Posted by rolex16
My bet is we are about to find out where all the watches have been hiding these past few years…I also think the AD logjam will break within 6 months. It is already starting. More and more will pass when they get the call.
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Yes definitely, all those pieces that are in hands of grey dealers will have to be moved and sold/liquidated soon.
As for the AD logjam. ADs that are unable to sell to cash-strapped grey dealers or flippers will begin to offer them to retail customers, but still at above MSRP or in bundle deals for now. Watch ADs are known to be pretty bad in selling to greys and flippers thru the back door, while Jeweler ADs are notorious for bundle deals (want the BLNR? Buy $5000 of tiny diamonds that are probably only good for making diamond saw blades).