Grey Market Price Dropping?????

[Vince M.]

Originally Posted by ThatOtherGuy7

What was the reasoning behind turning it down? Are you expecting below RRP pricing?

Not really worried about RRR pricing but I am holding for big investment opportunities that aren't luxury goods related. Watches, bags, bourbon, etc is all getting shelved this year.

[psm11]

Originally Posted by Vince M.

Not really worried about RRR pricing but I am holding for big investment opportunities that aren't luxury goods related. Watches, bags, bourbon, etc is all getting shelved this year.

What kind of opportunities are you referring to? Genuinely curious and always looking to learn more about investing.

[GGGMT]

I don’t really derive any investment guidance, other than watches on a watch for him. There are some watches that I will still buy from an authorized dealer in 2023 because I think they’re going to remain higher than MSRP. for most, however, I’ll be purchasing gray, as I typically have done


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[Aventura]

Originally Posted by springer

Prices will be back to retail soon. They are getting closer every day. Many grays got caught holding a bag full of watches they can't move any longer at the inflated prices.

I was talking to a gentleman the other day who collected mostly the newer watches. He has now moved on from the newer models to the vintage and neo vintage examples - especially those in superior condition. His comment that , besides being in safe assets now, in the case of watches, he is leaning toward high quality vintage pieces which are much more finite in quantity than newer models. I can't say that I blame him and would agree.

Agree 100%. There is a very large place in Miami where many Rolex vendors meet and the amount I saw of Rolex Submariners, GMT, Pepsi, Hulks, Batman, Daytonas etc. all used was immense and before not one was seen in all the stands.