Grey Market Prices

[Dskelcy]

I’ve seen videos on YouTube saying that Rolex prices in Grey Market are coming down. However, I’m not seeing evidence of that happening. Anyone have a different take on Grey Market prices or are others also not seeing evidence of a drop in prices on the grey market?

[Becca1]

I’ve just bought a Pepsi grey at double retail so that’s not dropping much,at least in Australia.The Batman,Starbucks,Daytona black all seem to have dropped 10–15%


Sent from my iPhone using Tapatalk

[Dskelcy]

That is exactly what I’m talking about.

[bmwsubmariner]

I've seen prices drop a bit, but not substantially. I look on loupethis.com since those are selling prices, not asking prices. I also will look at Moda on Facebook. Things have been moving slower over there. You can also filter on sold listings on eBay, using the advanced function to see what prices sellers were asking and whether or not they take a best offer.

I'm considering making a purchase next year and will likely make a reasonable offer on something that I see. I may also be trading a watch so I figure that gives me two levers to use, both what I'm getting on trade as well as what I'm buying the next piece for.

[Wrist King]

Ignore the prices on this forum.

In HK the 126610LV, for example, is selling for US$12,000 versus asking prices of $15.5-16k on this forum. Nobody is paying these prices.

For tracking keep an eye on https://instagram.com/cwhk68088810.a...MyNGUyNmU2YQ== on instagram.

Hulk on there for us$15,500


Sent from my iPhone using Tapatalk

[Eric88]

Grey dealer prices are typically negotiable, so make sure to not just order the watch at the price the dealer is asking. Make a reasonable offer and see if it will be accepted. This has worked well for me.

[Mathematoxic]

Prices definitely will come down. Grey inventory are not moving. We don’t see much price decrease because the greys are putting on a show and using all kinds of smoke screen hoping to nab an uninformed buyer. Try selling them a watch and see what kind of offers you get. Add a 20% to 30% to it and you will get today’s average market asking prices

[Radbloke]

I'm not sure where you're getting prices from OP, but prices have been going down all year. The pricing on TRF classified section is, shall we say, optimistic at best? You need to look elsewhere for more competitive prices.

It's also worth noting that pricing will absolutely not be going back up in the foreseeable future.

[Radbloke]

Originally Posted by Becca1

I’ve just bought a Pepsi grey at double retail so that’s not dropping much,at least in Australia.The Batman,Starbucks,Daytona black all seem to have dropped 10–15%


Sent from my iPhone using Tapatalk

Unfortunately, Australia is probably the worst place on earth to be lining up for a rolex at retail.

[GGGMT]

You haven’t seen this 4000+ thread?

https://r.tapatalk.com/shareLink/top...ink_source=app


Sent from my iPhone using Tapatalk

[TunaTuna]

Second hand dealers aren't doing much business, but they bought their stock at higher prices so they don't want to lower the price.

They will be forced to in January, or if they can hold out, in June.

Summer is where you will see the bargains

[Calatrava r]

Originally Posted by TunaTuna

Second hand dealers aren't doing much business, but they bought their stock at higher prices so they don't want to lower the price.

They will be forced to in January, or if they can hold out, in June.

Summer is where you will see the bargains

The turnover of inventory at most main line used watch dealers is about two weeks. Any hint at a lack of prediction of future prices and their buy price drops.
The notion that watches dealers just continue to buy at certain prices and then get stuck with inventory they will break even on or lose money on is largely an internet myth. Successful dealers are way of the game and rarely fail to make their margin much less lose money on a watch.

[Nads786]

Originally Posted by TunaTuna

Second hand dealers aren't doing much business, but they bought their stock at higher prices so they don't want to lower the price.

They will be forced to in January, or if they can hold out, in June.

Summer is where you will see the bargains

What’s special about Summer for watch slowdown? I would expect January as that’s usually the time when people have spent money on Xmas.


Sent from my iPhone using Tapatalk