40%

[shaunylw]

Originally Posted by scooba

There is no way they would sell to greys , That is one thing I do know

Well… it sounds like you don’t know one thing then.


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[scooba]

Originally Posted by shaunylw

Well… it sounds like you don’t know one thing then.


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As I have known the owner for 30 years ,I have a very good understanding of how he operates his Business ,while I am sure he has been duped in the past and the odd watch will be sold on by what they believe is a genuine buyer ,I hand on heart don’t think he would risk selling directly to a Grey .

Until I am proved wrong that is my honest belief

[thesharkfactor]

The grey I bought my Pepsi from had 2x unworn Pepsi, 2x unworn green bezel Subs, a new green Daytona (that they let me try on) and an unworn BLNR on jubilee in the cases amongst a load of pre owned watches too.
Now where did all of those come room? He didn’t buy them on the grey market, they came from AD’s straight to him instead of being sold at rrp to me on the waitlist.

[peterpl]

Originally Posted by scooba

As I have known the owner for 30 years ,I have a very good understanding of how he operates his Business ,while I am sure he has been duped in the past and the odd watch will be sold on by what they believe is a genuine buyer ,I hand on heart don’t think he would risk selling directly to a Grey .

Until I am proved wrong that is my honest belief

Honestly your just being naïve. I've seen ppl do some shonky shonky things including my BEST friend for over 20+ years when money comes into the picture.

Ppl do many things for money and when it comes to money. As I said before selling directly to gray dealers is not illegal. Its the easiest money any AD can make these days. Why wouldnt they?

I'm also am friends with very large gray dealers in Asia. I get all my watches from them. Straight from both their mouth is that they get more than 50% of all their Rolex's directly from numerous ADs across their country.

Its become so lucrative now that they have arrangements going on to split profits because most Rolex/AP/Patek will sell within a few days. My friend/Gray dealer can get any watch anytime delivered to your door within 24-48hrs globally as long as you pay the market price.

Anyone saying this is not happening well I would seriously consider your own thinking and just pray to god you are not that naïve in real life. Plenty of ppl will take advantage of you.

[Eric-London]

Originally Posted by padi56

Depends what you mean do ADs sell all these so called hot Rolex watches to the grey market thus putting there business in jeopardy, if Rolex found out extremely doubtful. Do the so called relationship and VIP clients buy and flip to the grey market, as many posts on forum lately state that ADs track all watches sold and ban from future buying if found out again doubtful. Or is now that Rolex watches are now seen as little more that £££$$$$€€€€ objects things, most likely .


And seems like now this once great forum about the history of the brand and the actual Rolex watches have now become a grey market discussion forum.

What Padi said!

I might add that a substantial amount of grey sales/trading out there is from grey to grey.

And I'm talking about greys large and small including so called 'backpack' dealers who the AD's pose as VIP clients and are out there punting watches mainly to the larger greys.

Generally they have the lifespan of a house fly because as soon as they're found out, they are shown the door at their AD so they move onto another source.

[fskywalker]

Originally Posted by rambo99

this forum has turned into a grey market discussion forum!

:bangead:


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[77T]

Originally Posted by scooba

To her understanding 40% off Rolex new inventory ends up with the Greys.

“To her understanding” means to me that the manager or owner or (even worse) the Rolex Rep has speculated. That’s my opinion of course.

I share Peter’s point of view that the share of horological topics on TRF has sunk. Hmmm… maybe 40% of volume though.


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[Chester01]

Originally Posted by scooba

Hi , I was talking with a SA yesterday and what she said suprised me , To her understanding 40% off Rolex new inventory ends up with the Greys . I think she must mean 40% of Professional models end up with greys

Interested in your opinions

So gray dealers are VIP customers. You or I could be a gray dealer and there is nothing illegal or anything that would get an AD in trouble. The gray market is not up and down they have a steady supply each day which suggests that there are many to most AD have the same arrangement with many AD’s. They simply serve a function by going in, buying up massive stock and get the privilege of hot models for buying in bulk. They serve AD by giving them steady and consistent sales. It’s fairly simply. The question that no one can answer here however is in a healthy market, why an AD would need a gray market if all their stock was flying out the door from regular costumers.

[turborolex]

Originally Posted by Chester01

So gray dealers are VIP customers. You or I could be a gray dealer and there is nothing illegal or anything that would get an AD in trouble. The gray market is not up and down they have a steady supply each day which suggests that there are many to most AD have the same arrangement with many AD’s. They simply serve a function by going in, buying up massive stock and get the privilege of hot models for buying in bulk. They serve AD by giving them steady and consistent sales. It’s fairly simply. The question that no one can answer here however is in a healthy market, why an AD would need a gray market if all their stock was flying out the door from regular costumers.

This is correct.

It’s called “Friend of The Brand”.

Very common in the Middle East.

Here’s an explanation:

https://youtu.be/2LAls6AdvXQ

[shaunylw]

Originally Posted by scooba

As I have known the owner for 30 years ,I have a very good understanding of how he operates his Business ,while I am sure he has been duped in the past and the odd watch will be sold on by what they believe is a genuine buyer ,I hand on heart don’t think he would risk selling directly to a Grey .

Until I am proved wrong that is my honest belief

You know 1 owner of 1 AD. It’s a widely known fact that ADs were selling in bulk to greys at a discount well before this thing exploded. Greys would buy the watches that ADs couldn’t move while getting access to a few stainless pieces that were popular. It’s been happening for years. So while the one AD you know might be doing the right thing, this is not how the industry has worked.


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[Haveapair]

Originally Posted by teck21

My opinion is that the idea that ‘most’ Rolex professionals models globally go directly to greys is rubbish:

The idea most ADs are in cahoots with grey dealers more rubbish.


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Wait what? You are very naive my friend. If you must have proof, watch any youtube watch dealer's vlogs, it comes up in passing often

[bob sims]

Originally Posted by Chester01

So gray dealers are VIP customers. You or I could be a gray dealer and there is nothing illegal or anything that would get an AD in trouble. The gray market is not up and down they have a steady supply each day which suggests that there are many to most AD have the same arrangement with many AD’s. They simply serve a function by going in, buying up massive stock and get the privilege of hot models for buying in bulk. They serve AD by giving them steady and consistent sales. It’s fairly simply. The question that no one can answer here however is in a healthy market, why an AD would need a gray market if all their stock was flying out the door from regular costumers.

They don'r need to sell directly. They use in laws, sisters, cousins, best friends, etc. as fronts and cut them in for a small percentage for doing nothing but allowing their names and addresses to be used as a front.

[101031-28]

Originally Posted by ZOOK

Maybe she meant, her boss sells 40% of the Rolex watches he receives to a Grey.