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Thread: Rolex grey dealers

  1. #1
    Master
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    Rolex grey dealers

    Do you need to be the member of some deeply secret inner circle to know who the Rolex grey dealers are? Do they exist?

  2. #2
    Grand Master Onelasttime's Avatar
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    Oh please Christ, make it stop

  3. #3
    Master
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    Quote Originally Posted by Onelasttime View Post
    Oh please Christ, make it stop
    It was an honest question.

  4. #4
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    Sounded a good enough question to me, sorry I can't help as I haven't looked for a Rolex for a long time!!, am sure someone will be along in a minute with a list.

    mike

  5. #5
    Grand Master MartynJC (UK)'s Avatar
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    If you mean second hand dealerships that have Rolex watches - there are loads - here are just a few: watchfinder, blowers-jewelers, watches.co.uk, Chronext, Chrono24 etc etc

    (not endorsed except for blowers which I have done some good deals with and Watchfinder is now owned by Richmond group - be that a good or bad thing, won’t comment.)
    Last edited by MartynJC (UK); 4th October 2019 at 08:12.

  6. #6
    Journeyman Watch_Collector's Avatar
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    Quote Originally Posted by rico View Post
    Do you need to be the member of some deeply secret inner circle to know who the Rolex grey dealers are? Do they exist?
    My friend used Watchtrader (Newcastle) and had no problems. They’re on Facebook etc, plenty of Rolexes at huge prices


    Sent from my iPhone using Tapatalk

  7. #7
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    Quote Originally Posted by Watch_Collector View Post
    My friend used Watchtrader (Newcastle) and had no problems. They’re on Facebook etc, plenty of Rolexes at huge prices


    Sent from my iPhone using Tapatalk


    Been in their shop , nice set up.

  8. #8
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by MartynJC (UK) View Post
    If you mean second hand dealerships that have Rolex watches - there are loads - here are just a few: watchfinder, blowers-jewelers, watches.co.uk, Chronext, Chrono24 etc etc
    Also Iconic Watches, Official Watches, Hackett Watches, Watches of Mayfair, The Watch Club, Swiss Watches Direct.


    Me listing them here does not necessarily represent an endorsement.

  9. #9
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    I bought and sold a number of rolexs through Dominic Hackett. He gets a highly recommended seal of approval from me.

  10. #10
    Master
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    I'll add Watchcentre,Miltonaires, Watches of Wales and Mark Worthington Watches

  11. #11
    Craftsman
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    Nothing mentioned on here that the op or others couldn’t find out in a few minutes through google.

  12. #12
    Master
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    Quote Originally Posted by Buster73 View Post
    Nothing mentioned on here that the op or others couldn’t find out in a few minutes through google.
    And your point is?

  13. #13
    Master ozzyb123's Avatar
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    Quote Originally Posted by Buster73 View Post
    Nothing mentioned on here that the op or others couldn’t find out in a few minutes through google.
    Disagree - a personal recommendation on here worth more than a random google search result


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  14. #14
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    Thank you for the replies thus far. None of the establishments mentioned are what I would consider 'grey' dealers, rather second hand specialists.

    Correct me if I am wrong (usually am, ask the wife) but I was under the impression that grey dealers would supply brand new aka 'unworn' watches direct from the manufacturer, usually with the possibility of a discount.

  15. #15
    Master Glen Goyne's Avatar
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    Quote Originally Posted by rico View Post
    Thank you for the replies thus far. None of the establishments mentioned are what I would consider 'grey' dealers, rather second hand specialists.

    Correct me if I am wrong (usually am, ask the wife) but I was under the impression that grey dealers would supply brand new aka 'unworn' watches direct from the manufacturer, usually with the possibility of a discount.
    Not direct from the manufacturer, direct from official dealers. They help dealers get rid of less popular watches, and in return they get some of the more sought after models.

    Dealers are forced to buy less popular watches from the manufacturer in order to get popular ones. So they help each other out.




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  16. #16
    Master
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    I've bought a couple of watches from Chronext - often a bit of a wait in terms of delivery time but their service has always been very good. Savings over an AD vary by brand and model (as you'd expect) but I got enough off to keep me happy.

    SGR

  17. #17
    Grand Master Der Amf's Avatar
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    Quote Originally Posted by rico View Post
    I was under the impression that grey dealers would supply brand new aka 'unworn' watches direct from the manufacturer, usually with the possibility of a discount.
    There are some grey dealers who do this with some brands - eg there's an Italian grey who can supply Midos at excellent prices - but why would Rolex be interested in undermining further their poor understocked ADs?

  18. #18
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    Quote Originally Posted by rico View Post
    Thank you for the replies thus far. None of the establishments mentioned are what I would consider 'grey' dealers, rather second hand specialists.

    Correct me if I am wrong (usually am, ask the wife) but I was under the impression that grey dealers would supply brand new aka 'unworn' watches direct from the manufacturer, usually with the possibility of a discount.
    Most grey dealers are also second hand dealers, as technically the grey import is second hand but new and unworn, and many carry a range of pre-owned stock alongside grey imports. When the pound was stronger most would have a range of grey imports instock waiting for customers, but as it's devalued you need to approach a grey dealer, like Dom Hackett, and they will order the watch specially for you from a dealer (most likely on the continent) at a modest discount. The watch will not be supplied direct from the manufacturer.

  19. #19
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    I thought the whole point of buying a (Real) Rolex is so that you can then show that you have enough disposable income to buy a luxury brand?

  20. #20
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by PDR View Post
    I thought the whole point of buying a (Real) Rolex is so that you can then show that you have enough disposable income to buy a luxury brand?
    Have you seen current grey dealer prices? ;-)

  21. #21
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by Glen Goyne View Post
    Not direct from the manufacturer, direct from official dealers. They help dealers get rid of less popular watches, and in return they get some of the more sought after models.

    Dealers are forced to buy less popular watches from the manufacturer in order to get popular ones. So they help each other out.
    Yes indeed, although nowadays for Rolex and PP it would seem that grey dealers are also buying up more desirable models at over RRP and then reselling for way over RRP.

  22. #22
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    Quote Originally Posted by markrlondon View Post
    Yes indeed, although nowadays for Rolex and PP it would seem that grey dealers are also buying up more desirable models at over RRP and then reselling for way over RRP.
    They only re sell at a price that the market can stand. Basically they are proving that many watches are way undervalued.

  23. #23
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by Mick P View Post
    They only re sell at a price that the market can stand.
    Absolutely. They charge what the market will bear.

  24. #24
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    Quote Originally Posted by markrlondon View Post
    Have you seen current grey dealer prices? ;-)

    ha ha!!! was thinking that, the grey dealers are about 3 times the rrp.

    Also depends how you class grey i suppose, are 2nd hand watches grey? I dont know as a novice myself?

  25. #25
    Grand Master markrlondon's Avatar
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    Quote Originally Posted by TROYBOY79 View Post
    Also depends how you class grey i suppose, are 2nd hand watches grey? I dont know as a novice myself?
    Well, there is no absolutely precise distinction.

    Usually "grey" refers to nearly new, usually unworn watches that were recently bought from an AD and are now being resold by a dealer, i.e. a grey dealer. And second hand refers to all the rest.

    Clearly "grey" watches are, in effect, simply very fresh second hand watches.

  26. #26
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    Quote Originally Posted by Onelasttime View Post
    Oh please Christ, make it stop
    This made my day. Chocked on my panini - don’t giggle and eat at same time. Rolex have done a great job on their brand.


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  27. #27
    Quote Originally Posted by rico View Post
    Thank you for the replies thus far. None of the establishments mentioned are what I would consider 'grey' dealers, rather second hand specialists.

    Correct me if I am wrong (usually am, ask the wife) but I was under the impression that grey dealers would supply brand new aka 'unworn' watches direct from the manufacturer, usually with the possibility of a discount.
    That is the case but not for Rolex (well the popular models anyway), I got my Zenith from a grey at a nice discount with the warranty intact.

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