They get them from dealer trade shows. These are taking place all the time but we are not allowed in them. Watch some of Roman Sharf's / Luxury Bazaar videos.
Sorry if this has been posted before, a search on here and google didn't bring anything up.
I have been thinking about this for a while, since seeing a grey dealer/trader doing an unveil video a few weeks ago actually.
The dealer was opening a large box branded DHL and inside amidst tons of packaging they were pulling out some lovely watches, mainly Rolex and the odd Patek (about 8-10 in total, varying years so not all new), all complete with warranty card but in clear coffin cases rather than the full green boxes (maybe in a different shipment?).
It got me thinking, where do most dealers actually get their stock. Apart from normal private sales and trades where could a dealer buy as many watches as this and make a decent profit, I thought it could be a B2B sale but then why would a dealer need to off load highly desirable stock to another dealer at a knock down rate, is there some kids of used watch distributor where you buy in bulk?
Another trader I follow online put a post on last night listing about 6/7 watches they had just secured and were due in next week too.
Btw I have no intention of buying/selling or getting in to this but it got me wondering about the source of such stock.
They get them from dealer trade shows. These are taking place all the time but we are not allowed in them. Watch some of Roman Sharf's / Luxury Bazaar videos.
The Swiss have made waiting a luxury experience. ~ Andrew McUtchen
Interesting - who would be the seller of these brand new Rolexes at the trade shows? Will definitely watch Romans videos tks.
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Wonder where Costco gets it's stock?
This was the best watch I spotted in CostCo Seattle a couple years ago. Not a bad price at the time, even better now!
Does anyone know if CostCo in the UK sell watches at all?
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They certainly do, my local one Lakeside had some Tag Aquaracers last time I was in plus some Longines. Previously Panerai, U Boat, Tags & Omega have been in.
Prices haven’t always been cheaper than you can get online or AD discounting. But cheaper than RRP
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Ah great, thanks for letting me know. Is there a membership of sorts needed though or can ‘anyone’ just walk in?
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TBH, no one knows. Whatever you read and elsewhere is hearsay and speculation.