Without the grey market, it would be very difficult to value your own watch and find a buyer. The grey market provides a useful exchange of preowned watches. If you want to buy the hottest and most profitable models to resell, you must also buy the less popular and out of fashion models too. This is mostly beneficial for the large watch brands since they are able to force AD’s to buy their entire range. In addition to this, they are also forced into secrecy about disclosing how much they pay for each watch, along with various other contractual terms. Often referred to as AD’s, authorized dealers are limited on the number of pieces they can buy from each brand of a particular range. They have been authorized by elite brands to sell their brand new products. Authorized DealersĪuthorized dealers are exactly what their name suggests. Since they buy and sell watches regularly, they will often have a lot of variety, somewhat comparable to an authorized dealer. Grey market dealers will usually operate in cash payments (through bank transfer), but can also offer other deals such as part-exchanging models for other stock. The simple function of a grey market watch dealer is to buy a used watch from one individual and sell this watch to another individual for a profit. They do not sell fake watches, they do not sell stolen watches. Grey Market Dealers Are More Open Than Authorized DealersĪ grey market Rolex dealer is simply a second-hand watch dealer.Why Do People Hate The Grey Watch Market?.Eliminating Pitfalls & Dangers Of Buying A Preowned Watch.

Best gray market watch dealers