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Old 13 January 2018, 03:05 AM   #1
jaydav2306
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ADs & Greys

I must have seen today on instagram 3 or 4 different greys all selling a trio of S sports models new with stickers, BLNR, LVc, SD43 etc, all on the same day and you'e telling me Ads aren't selling to greys.....

Food for thought
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Old 13 January 2018, 03:08 AM   #2
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Probably not ADs now, but rather private flippers, both watch guys and stock guys.
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Old 13 January 2018, 03:11 AM   #3
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AD could have sold to someone that turned around and sold to a Grey. There is a lot of profiteering going on with the watches you mention.
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Old 13 January 2018, 03:17 AM   #4
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My local bricks and mortar sources the vast majority of its watches from private flippers


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Old 13 January 2018, 03:17 AM   #5
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Of course ADs sell to grey dealers. Who said that wasnít happening?


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Old 13 January 2018, 03:29 AM   #6
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ADs still do it. A grey dealer I know well has told me what they get from them, which is a steady funnel of LV, BLNR and SS SkyD. Sucks for people on the waitlist at that AD.
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Old 13 January 2018, 03:34 AM   #7
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ADs still do it. A grey dealer I know well has told me what they get from them, which is a steady funnel of LV, BLNR and SS SkyD. Sucks for people on the waitlist at that AD.
But they can't sell over rrp. And have to put somebody on the card

Or are white envelopes being passed over with payment for the goods?
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Old 13 January 2018, 03:38 AM   #8
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AD’s can’t sell over sticker to customers
AD’s CAN sell over sticker to dealers


Who would you rather sell to?
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Old 13 January 2018, 03:44 AM   #9
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ADís canít sell over sticker to customers
ADís CAN sell over sticker to dealers


Who would you rather sell to?
This. Or the grey takes their slow movers along with the deal.
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Old 13 January 2018, 04:19 AM   #10
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Does it matter anymore?

Patek thinks there s**t dont stink yet DSW's instagram has boatload of Patek

Im not drinking Pateks 'brand image' kool aid anymore

Patek used to be for WIS

Now its for any flunkie who falls a** backwards into $$$

In the end thats whats sad for Rolex and Patek. Hard to get at ADS but a dime o dozen from grey dealers. Pathetic

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Old 13 January 2018, 05:27 AM   #11
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A recurring theme in TRF...but ultimately, it is what it is.

If we could get our hands on it, we would want a discount. AND...we would want it to hold it's value in the secondary market down the road. In essence what we are saying is "give us a watch that anybody can get, without any effort, and at substantial discount that will be hugely desirable and worth an ass load of money."

Guess what? It's already happened. I was thinking the other day about some of the deals you could find on TRF when I first joined nine years ago. I could kick myself for the deals that were available back then and what those watches are going for today.

But...everything changes, and now it's a new landscape in the wonderful world of watches. I doubt we'll see a return to earlier times.

Anyway...I guess we want our cake, to eat it too, and not gain any weight from the calories.
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Old 13 January 2018, 05:44 AM   #12
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A recurring theme in TRF...but ultimately, it is what it is.

If we could get our hands on it, we would want a discount. AND...we would want it to hold it's value in the secondary market down the road. In essence what we are saying is "give us a watch that anybody can get, without any effort, and at substantial discount that will be hugely desirable and worth an ass load of money."

Guess what? It's already happened. I was thinking the other day about some of the deals you could find on TRF when I first joined nine years ago. I could kick myself for the deals that were available back then and what those watches are going for today.

But...everything changes, and now it's a new landscape in the wonderful world of watches. I doubt we'll see a return to earlier times.

Anyway...I guess we want our cake, to eat it too, and not gain any weight from the calories.


Good post
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Old 13 January 2018, 07:32 AM   #13
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i must have seen today on instagram 3 or 4 different greys all selling a trio of s sports models new with stickers, blnr, lvc, sd43 etc, all on the same day and you'e telling me ads aren't selling to greys.....

Food for thought
+1.
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Old 13 January 2018, 07:34 AM   #14
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Probably not ADs now, but rather private flippers, both watch guys and stock guys.
With blank warranty cards. Stickers still on... very questionable. I suspect adís just selling to meet a quota and also take some of slower movers.
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Old 13 January 2018, 07:37 AM   #15
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Originally Posted by DeeTee View Post
ADís canít sell over sticker to customers
ADís CAN sell over sticker to dealers


Who would you rather sell to?
Interesting never knew they could sell to grey for more than msrp. White envelope with payment or over Msrp has to be the answer.
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Old 13 January 2018, 05:30 PM   #16
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With blank warranty cards. Stickers still on... very questionable. I suspect adís just selling to meet a quota and also take some of slower movers.


I think itís quite different in the various geographies.

In the UK and Europe I do believe thereís less, if any, sales of high demand references from ADs to greys. The reason being that if they are caught, they will be in very real danger of being cut loose by Rolex.

Losing their Rolex agency is not worth the uplift of selling a few pieces over MRSP.

Quite probably been different in the US where the supply position has been nowhere near as bad as it has over here

I donít quite get why people find the concept of individuals buying watches at retail and selling them on to grey resellers such a hard one to accept. It happens all the time.





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Old 13 January 2018, 05:32 PM   #17
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Originally Posted by DeeTee View Post
ADís canít sell over sticker to customers
ADís CAN sell over sticker to dealers


Who would you rather sell to?


In some countries in Asia the ADs and even boutiques are allowed to sell for over retail! I found this unbelievable!


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Old 13 January 2018, 05:43 PM   #18
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Of course ADs sell to grey dealers. Who said that wasnít happening?


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This
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Old 14 January 2018, 03:04 AM   #19
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Originally Posted by aquatimerfla View Post
Does it matter anymore?

Patek thinks there s**t dont stink yet DSW's instagram has boatload of Patek

Im not drinking Pateks 'brand image' kool aid anymore

Patek used to be for WIS

Now its for any flunkie who falls a** backwards into $$$

In the end thats whats sad for Rolex and Patek. Hard to get at ADS but a dime o dozen from grey dealers. Pathetic

Don't mention DSW to me. I won't do anymore deals with the guy.

As far as Patek, how do you know it's their fault? Could it be the AD's? Patek has been trying to take steps to eliminate the problem.
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Old 14 January 2018, 03:08 AM   #20
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With blank warranty cards. Stickers still on... very questionable. I suspect adís just selling to meet a quota and also take some of slower movers.
You been living in a cave? This has been going on for almost a year and a half now in case you were still "questioning".
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Old 14 January 2018, 03:15 AM   #21
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Originally Posted by jaydav2306 View Post
I must have seen today on instagram 3 or 4 different greys all selling a trio of S sports models new with stickers, BLNR, LVc, SD43 etc, all on the same day and you'e telling me Ads aren't selling to greys.....

Food for thought
Really, why would anyone doubt ADs selling to Greys? Pretty much a given.
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Old 14 January 2018, 03:40 AM   #22
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Originally Posted by DeeTee View Post
ADís canít sell over sticker to customers
ADís CAN sell over sticker to dealers


Who would you rather sell to?


Not sure on that Dee. The S in MSRP stands for Suggested. If they can discount they can charge over MSRP. Would Rolex like it, probably not but I donít really think they would do anything about it. Maybe Rolex USA would be harder on it but overseas it is a pretty common practice from what I read here.


And of course ADís all over the world sell to gray market dealers. From a business perspective a lot of ADís need them to move some slow moving merchandise. To get the gray dealer to take the slow movers they have to sell them a fast mover high profit piece every now and again. I was at a Rolex AD a few months ago and saw 6 Rolex boxes stacked up getting shipped out to the same person. Didnít see what was in the boxes but I bet it was a mix of slow movers and a BLNR or a Daytona or SD43.


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Old 14 January 2018, 04:02 AM   #23
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Don't mention DSW to me. I won't do anymore deals with the guy.
Yikes. For those on the board looking to buy watches and putting faith in "trusted sellers" you can't just throw a stink bomb like that out there with no details. If there is a legitimate concern, I would certainly like to hear it.
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Old 14 January 2018, 04:08 AM   #24
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Yikes. For those on the board looking to buy watches and putting faith in "trusted sellers" you can't just throw a stink bomb like that out there with no details. If there is a legitimate concern, I would certainly like to hear it.
Don't blow it out of proportion. My issue with him is still not resolved so I won't comment further. He's done hundreds of deals here so I'm sure you'll get what you ordered. I have a personal issue with him.

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Old 14 January 2018, 04:46 AM   #25
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A recurring theme in TRF...but ultimately, it is what it is.



If we could get our hands on it, we would want a discount. AND...we would want it to hold it's value in the secondary market down the road. In essence what we are saying is "give us a watch that anybody can get, without any effort, and at substantial discount that will be hugely desirable and worth an ass load of money."



Guess what? It's already happened. I was thinking the other day about some of the deals you could find on TRF when I first joined nine years ago. I could kick myself for the deals that were available back then and what those watches are going for today.



But...everything changes, and now it's a new landscape in the wonderful world of watches. I doubt we'll see a return to earlier times.



Anyway...I guess we want our cake, to eat it too, and not gain any weight from the calories.


Drop mic


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Old 14 January 2018, 06:22 AM   #26
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Itís not just the greys profiting. Browsing through the classified section I am seeing a lot of very low post count sellers of popular models. Seems there are a number of regular people buying from ADs and trying to flip for profit.


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Old 14 January 2018, 07:01 AM   #27
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Itís not just the greys profiting. Browsing through the classified section I am seeing a lot of very low post count sellers of popular models. Seems there are a number of regular people buying from ADs and trying to flip for profit.


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Indeed. I don't understand why though - after taxes their profits must be in the hundreds, which seems like an awful lot of work for. Plus, asking what TS are asking or more isn't going to work out, why would anyone buy from these unknown persons when they could go to a TS for the same price?
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Old 14 January 2018, 07:55 AM   #28
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I'd always assumed that the big-time gray dealers got their desirable models by also buying the slow moving stuff from the ADs. But looking at some of their websites, there's really not a lot of Datejusts or Day-Dates, so I'm not sure that's the case after all.
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Old 14 January 2018, 08:03 AM   #29
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Indeed. I don't understand why though - after taxes their profits must be in the hundreds, which seems like an awful lot of work for. Plus, asking what TS are asking or more isn't going to work out, why would anyone buy from these unknown persons when they could go to a TS for the same price?


Agree that it is probably not the best plan for the average buyer and I am guessing a number just end up selling to greys. Seems a lot of regular buyers are buying watches only to try and flip which further reduces direct sales to people that want to keep. I think greys do buy a number of popular models from ADs but the issue of small supply is from Rolexís end and not because the greys are buying up all the inventory.


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