Best grey market watch dealers reddit11/22/2023 Whether it's illegal or not depends on different interpretations of the law. Drugs, shoplifted products, jewelry / electronics from burglarized houses, access to innocent users' hacked computers, stolen credit card numbers, illegally copied DVD's or software. Stuff you can buy in a big chain store.īlack market: Definitely illegal, you probably get fines / jail if a police officer catches you. Joey Caleco, aka The Wristwatcher on Instagram. White market: Completely legal and approved. Watches sold by Jomashop don’t come with a factory warranty. Their items may or may not come with original packaging or receipts (box and papers), which may be helpful, or even necessary if you were planning on selling them in the future. The usual authorized retail store works like this: the brand manufactures its watches and sells to. Jomashop is a completely legit and legal business that is considered a ‘grey market’ dealer. A grey market watch dealer is a store (online or brick and mortar) such as Luxury Bazaar that sells luxury watches for significantly less than a brand’s authorized dealer or boutique. ![]() So grey market products aren't technically illegal, but they aren't 100% above board as far as the product's maker is concerned. The grey market is a solution for many potential buyers. if Sack's or Barney's liquidated old stuff against a designer's agreement with them. Recently, Western businesses using similar gray market tactics at scale have emerged, including Cettire, which expanded rapidly during the pandemic, and unauthorized watch dealers like. Finding high end designers in a store like Marshall's might even fall into this depending on how Marshall's acquired the products, ie. Reputable grey market watch dealers are legitimate and sell real watches at a discount. ![]() It might be Japanese import records somebody smuggled in against local distribution deals. it could be authentic goods sold through a non-authorized seller, maybe somebody who got their hands on some iPhones but isn't an Apple authorized re-seller and thus undercuts Apple's prices but also may end up with voided warranty. This is things like illegal drugs, prostitution, counterfeit good, stolen goods. The grey market dealers also purchase the hard to sell DJ models in order to secure the desirable sports models. They sell authentic goods, they are authorized sellers of those goods, they offer legitimacy and consumer protection (returns, warranties).īlack market is illegal. Major stores, high end boutiques, reputable eCommerce sites, authorized franchise car dealerships, etc. Check them outĪpril 2019 State of the Sub Discussion and SummaryĢ1-26 Mar 19 Baselworld 2019 Discussion MegathreadĤ Dec 18 - AMA with Arial Adams & Matt Smith-Johnson for a new LE watch collaboration with Laco.White market is what you typically think of as retail market. You still have to consider what people paid - even if demand if softer than it was. The market may soften but don’t get your hopes up. If you can afford to pay 25K for a GMT, you aren’t phased by a dip in the market and not worried about salvaging for 10K cash.
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