Gray market suspicions confirmed

[Chester01]

Originally Posted by sportsfan0704

So again, your argument boils down to “anyone who makes a penny reselling a watch is a grey dealer.” That’s ridiculous.

I look at intent. If I’m purposely buying something to resell at a profit yes. You making the opposite point that unless it’s a massive amount of profit then it’s not a gray dealer. Where is the line? 100k per month or 1k once a year?


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[Vipes]

Originally Posted by Chester01

I look at intent. If I’m purposely buying something to resell at a profit yes. You making the opposite point that unless it’s a massive amount of profit then it’s not a gray dealer. Where is the line? 100k per month or 1k once a year?


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A person selling a couple of watches to make a profit is a flipper not a grey dealer.

[Chester01]

Originally Posted by Vipes

A person selling a couple of watches to make a profit is a flipper not a grey dealer.

What’s the difference? Both are operating for profit.


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[Vipes]

Originally Posted by Chester01

What’s the difference? Both are operating for profit.


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To me, the difference is a grey dealer is someone selling, buying, trading and sourcing watches for his customers.

A flipper sells a couple of pieces for profit but he/she doesn’t have customers trading, selling and asking him/her to source watches.

[Jack T]

Originally Posted by JRell

Shady ones do, or sales associates without the owner knowing, agree.

You can not convince me a sales associate is dealing watches out the back door without the owner knowing.

[jcapulet786]

Honestly I don't care if someone is flipping, grey dealing, or retail customer.

It's the law of supply and demand, I didn't make the rules.

I'm broke but I just wanted a ROLLIE ROLLIE ROLLIE ROLLIE ROLLIE

and for the final point, its a luxury good Rolex FEEDS off of this.

[bob sims]

Originally Posted by JDsnewwatch

I have been chasing after a particular watch for quite some time. I made a deal with a gray market seller in New York. I called in today to see how things were going with the purchase and I spoke to the manager. She told me that she was working on this purchase and she needed to get in touch with the AD.

You read that correctly. This gray market seller is getting my new watch from an AD. It's not even a secret, it's right out there. In this case, the price is better than retail. But, make no mistake, the ADs are on a first-name basis with the secondary market sellers.

There is no shortage, there are watches walking out the door to the highest payers. and $8,000 watch that commands $14,000 on the gray market is likely going for 9K behind the scenes. Everyone wins..

Breaking news

[rolexalias]

What was your initial thought on how they get those watches?

[ardvarkshorty]

If this is true, when deals like this happen the transaction usually benefits both parties . Are the authorised dealers getting back handers!!!!