Grey Market Supply Increasing?

[vh2k]

Originally Posted by Explorer2polar

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.

Another one who likes to ignore data.

Rolex production is right around 80K per month.

Rolex shipped 810K units in 2020 — even with close to zero production in March/April. Those figures were published.

You said the majority of pieces seem to be immediately flipped.

There is no possible way 50% (40K units per month) are flipped immediately to secondary channels. It’s more like 5%.

487 new Subs on C24 is nothing. Production is likely over 10K per month.

Again, 11K new/unworn 2020/2021 Rolexes on C24 = 1% of what was produced over that timeframe.