18 BLNRs and 16 BLROs

[ras47]

Originally Posted by Chadridv

I’m not sure why you think the watches are more likely to be fake than real. After that I enjoyed your info and found it interesting... up until your last line that is, at which point you’ve gone ahead and dismissed anything I might have found insightful.

What do you even mean a big fat gray rat? What is this a Scorsese movie lol?

I'm a cynic. And I've become conditioned to disbelieve that many Rolex GMTs can exist in one place at one time (outside the Rolex factory). It's also hard to believe one person can get that many all at once. This market is ripe for fakes and scams, with folks clamoring for what they cannot seem to get.

Of course they could be real Rolex watches. But that would be almost as disturbing as if they were counterfeits.

[MattyL147]

Their watches are 100% legit. Not sure why everyone is so up in arms about a grey having a ton of stock of highly desirable pieces.

I have a close friend who is a grey and has more stock on Hulks, BLNRs, Daytonas, etc than many of you would like.

I know for a fact he doesn't buy them all out the backdoor of ADs. He pays well over MSRP for many of his pieces (including a BLNR I sold him after owning it for 4 years).

I'll let him know he needs to drop his prices since people are unhappy.

It's a business. Everyone needs to chill out.

[037]

Originally Posted by MattyL147

I know for a fact he doesn't buy them all out the backdoor of ADs. He pays well over MSRP for many of his pieces (including a BLNR I sold him after owning it for 4 years).

Makes sense.

[Tavli3]

Originally Posted by peterpl

LOL - its funny but true. Man numerous gray dealers have told me all this scarcity/rarity with Rolex is bullcrap.

Its all held stock by the grays to inflate the price. I've seen gray dealers inventory thats alot more than this. Its scary what will happen if everyone just stops buying these things and realises they arent worth anywhere near their asking prices. Grays are just milking as much as they can whilst it lasts.

This is correct the Greys are in charge of the vast majority of watches. Rolex has lost control of their market and is why they are cracking down on dealers selling to Flippers. Some members are outraged that ADs and Rolex want to tell a customer what they can and can't do after they purchase their watch and at the same time they complain about not being able to get a watch at retail from their AD or any AD. It's guys like this dealer hoarding large quantities of each model. Rolex is trying to put an end to it but in my opinion they're not doing a very good job of it.

Question is how long can guys like this hold onto this kind of inventory and what happens when they need to dump? Rolex will be in no position to do anything if prices start to plunge below retail again.

[mykii]

Originally Posted by Juan Luis

The only watches IMO, that will always be scarce are the steel Daytona's. Always have been since the 90's, I have noticed.

I think the Pepsi's will trickle out at lower quantities too, frankly, just because it is a slightly more laborious manufacture with the bezel.

[tng11]

Originally Posted by Juan Luis

The only watches IMO, that will always be scarce are the steel Daytona's. Always have been since the 90's, I have noticed.

I disagree. There's tons of them in the secondary market. They were sitting in cases after the financial crisis. Not saying they will again, but even the Daytona is not bulletproof.

[AndyWright]

Thats a lot

[037]

Originally Posted by AndyWright

Thats a lot

Yes. Yes it is.

[Nav01L]

Countless 3 series standing in front of the local beemer dealerships... countless C classes at Merc... and wait until I tell you about all the carrots at the produce isle... people who have a business that sells things have stock of what they’re selling... I know that’s rarely the case for ADs these days, but not really surprised to see that from one of the larger greys...

[Nav01L]

Originally Posted by tng11

I disagree. There's tons of them in the secondary market. They were sitting in cases after the financial crisis. Not saying they will again, but even the Daytona is not bulletproof.

Indeed, so far, out of five popular Rolex models bought since 2012, the only one I didn’t get a discount on was the recent BLRO... this is a new phenomenon and while Rolex is certainly trying to maintain it, it’s liable to changing with time as is everything else...