Quote:
Originally Posted by Fire bloke
I watch the Roman Sharif channel on YouTube it's brilliant.
This man knows what he is talking about
he says the way it works is:-
Dealer buys stock from AD or sellers this transaction then starts a chain that dealer sells to another dealer. Most of the trading is done this way dealer to dealer. The watch goes from dealer to dealer.
The dealers then hold onto stock and hope to sell back to consumer or another dealer. Holding onto supply is done to form a false economy and a hightened price and profit.
He says The problem for the dealers will start once the dealers are not selling to other dealers.. it's not when the selling stops to the consumers. There is a background econemy. When this happens all the grey dealers. then dump there held back stock..... this and the fact there won't be enough dealers or consumers to buy as the price is coming down means a massive crash and alot of the dealer losing there shirt. It will mean also alot of the smaller dealers will leave the trade.
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This sounds closest to fact. I don’t see a collapse, more of a return to mrsp as Rolex continue their price increases annually. The gap between AD and grey will close, waiting list time will shrink and a more reasonable premium may return for those that don’t want a 6 month wait.
At the cost now for a BLNR, HULK or Daytona from a grey, there are far more interesting watches out there.