[Robf52]

Originally Posted by ol' rex

i find these arguments typical for this forum, but nevertheless unconvincing.

On the one hand, you claim: "anyone who gets one from their ad has spent the grey money equivalent indirectly."

that may in some cases be true, but the money spent at the ad was for products, while the equivalent markup given to the used-watch dealer is merely that, i.e. A markup on one watch. For example:

Oyster perpetual (6,000) + submariner (9,000) + daytona = 3 watches

15,000 + daytona = 1 watch for the same price

even if one were to argue that a person might need to purchase a few more watches before getting a daytona, it still holds true that the money is in fact for watches and not for nothing.

As to your comment that a person who buys from a used-watch dealer would be able to "get the money back" in six months, that is simply not true: It is common knowledge that these dealers charge more for the watches than they pay. That is how they make their money.

+1.