they are near the side entrace in Greys Antique Market. A Rolex Submariner bought from an AD would be around 9,000, but since there are waitlists that span years to get one, people buy/resell them on the so called grey market.
And while many grey market dealers are reputable, the risk of encountering counterfeit watches is higher. They list on Chrono24 and Have their own site. grey market is anything other than purchasing brand new from a Rolex AD for the listed price that Rolex requires AD’s to sell them for. Grey market dealers help you save money and give you access to some rare collections. Most of these people have multiple watches and are doing fine. The watches are made in the same factory as the watches you see in the brand's store. Not every person selling a Rolex bought one in the hopes of becoming rich. I don’t know how people on here assume they know grey dealers are in trouble. Some grey market dealers offer their own warranties to offset this disadvantage.Īlso, grey market watches might not come with all original accessories or paperwork, which can be a deal-breaker for some watch enthusiasts. This watch is listed for 19k by dealers, sites, and grey market. There are a bunch of other trusted sellers on the Rolex forum that are great. Oversupply in Asia, where the bottom fell out of a once-booming luxury watch market two years ago, has certainly fueled the grey. In all my years of watch collecting, this inability to simply walk into a Rolex store and buy. David SW was a little bit on the higher side of the gray dealer prices but I have heard great things about their promptness in communication, quick shipping, and accuracy of their listings. The market is growing massively according to the FT and now accounts for about 20 of the global market for watches that retail for above 5,000, a 100 increase since the last time the numbers were crunched. In watch lingo, these places are sometimes called gray market retailers, grey market dealers or other similar terms. Some vendors have, over the years, earned reputations for selling watches at great prices or giving great service. However, the downside is the lack of manufacturer's warranty, since these watches are not sourced through official channels. DMARGE, an online lifestyle magazine, recently published an article blaming Rolex authorized dealers for selling their most-sought-after watches to grey market/non-authorized watch sellers so that both parties can profit off of a substantial markup correlated with the demand for popular Rolex models. Buying a Watch from a Grey-Market Dealer. Grey market dealers provide an array of choices often wider than what an authorized dealer may have, since they aren't limited to a particular brand or a specific season's collection. Their prices can be significantly lower than those found at authorized dealers, which makes the grey market appealing to cost-conscious consumers. ago Exactly, they have them buy another marked up piece of jewelry, they can make a great profit on.
They source their watches from various avenues such as authorized dealers from other regions, distributors who have surplus stock, or wholesalers. I've been doing some research, and while it seems that authorised dealers are the best place to purchase, a lot of owners find really good deals (and get warranties) buying from grey market dealers.On the other hand, grey market watch dealers operate outside the authorized networks. I've finally decided it's time to own a beautiful Rolex, and I was looking for some advice on where to buy on in England. Browse pre-owned watches from Rolex, Omega, Breitling, TAG Heuer, Cartier and more, all available now. Hello all, and apologies if I'm posting in the wrong board! Visit Watchfinder to buy and sell luxury watches.
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