The DARKEST SECRET of the Grey Market? You would be paying LESS for Rolex if market were cashless

Join this channel to get access to perks:
/ @vinnyfrancis
-----
Peel back the glossy veneer of the luxury watch world and it reveals a darker, more sinister reality. The grey watch market isn't just about buying and selling high-end timepieces-behind the scenes, it's a complex web where money laundering and organized crime intertwine.
So how are these luxurious symbols of success being manipulated to facilitate illegal activities. From the shadowy Rolex deals to the hidden transactions, we’re uncovering the truth about how some of the world’s most prestigious watches are used to clean dirty money.
It’s a side of the industry we all know is there, we just don’t know for sure who the active players are, nobody wants to acknowledge its existence but the truth is any industry that involves the regular exchange of big money transactions, many of which even cash-based, inevitably will attract bad actors, looking to exploit. So how do they do it? And what are the red flags you should be aware of?
-----
FIND TRADE PRICES HERE ON MY TRADE PRICE GUIDE - beatthewaitlis...
Check out Beat the Waitlist, Watch Dealer based in the UK. We do things differently.
WEBSITE: beatthewaitlis...
EMAIL: [e-mail]
Any Football Fans?? Go show some support for our sister company; StadiFRAMES!
StadiFRAMES - 3D Football Stadium Model Wall Art
WEBSITE: stadiumframes.com

[@danielleviel]

I own a rolex Daytona that I bought in Iran back in 1998. It's still in perfect running condition, and I remember the excitement of purchasing it like it was yesterday. Given the current fluctuations in the watch market, I'm curious to find out how much it's worth today. I'm planning to do a little research to see its true value now. It's fascinating to think about how the worth of these timeless pieces can appreciate over the years, even amidst a volatile market.

[@michealrealtor]

Great that will fetch you some cash. *I used to be a collector, but I liquidated my collection to venture into real estate. In January, I acquired homes in Malibu for $45million, and the returns on investment far exceed what I earned as a collector.

[@eabhaconnor2]

How did you grow your portfolio to $45m, I'm impressed, I have a lump sum in the bank, the rates are not impressive so I'm moving it, what's your cash flow like?

[@michealrealtor]

I have a financial advisor (trader) she grows my liquid assets and I reinvest the weekly payouts back into real estate and long-term ETFs.

[@eabhaconnor2]

Sure, could you please share her name with me or any details so I can look her up online? Thanks!

[@michealrealtor]

She is well known as - Diana Leayani Lara. please do your own research.

[@BAF605]

One particular London dealership seemed to have a high proportion of young execs from the pharmaceutical industry as customers during the hype years. 😂😂

[@slapjuice]

hahahah😂

[@misterzero8667]

Are they named after a pigs foot by any chance

[@slapjuice]

@@misterzero8667 🤣

[@leonk8113]

Another banger from Vinny! Real reason why most RM get sold in the first place.

[@vinnyfrancis]

Cheers thanks for watching and your kind words...I wonder why RM prices have held strong? hmmm

[@leonk8113]

@@vinnyfrancis You mean RM offering proces or actual selling prices?

[@vinnyfrancis]

@@leonk8113 id suggest RM grey market selling prices have held firm partly due to the people that buy them, the RM market has not 'crashed' to the extent i would've expected given the hype.

[@waynemoore9951]

I've always wondered where some of these watch dealers have come from out the blue, usually in the last 5 yrs. Where does someone get the capital from to buy a huge inventory of watches....

[@vinnyfrancis]

100%

[@leonk8113]

They dont have much capital at all. Instead they get these watches on commission from crims

[@Pilgrim-steps]

Great exposure of this part of the market.

[@Madeinlondon67]

Everyone knows they’re washing up money 😂

[@markkosmider2144]

I've read that to some degree, casinos serve the dame purpose, as do precious metals.

[@Odat]

I know for a fact most gray dealers aim for 10-15% on watches they buy.

[@WestCoastAce27]

Great perspective as always. 1/3 sounds high (although if verified I wouldn’t fall out of my chair). But no doubt a significant % (5-10%). As you laid out it’s just too easy. Also add in crypto as a means of payment…

[@dannysimenauer5745]

Vinny, how do you see Rolex and Patek Philippe sales & pricing trending this summer? It has been a little while since your last watch market review.

[@barryfrombarnsley2790]

If I was the tax man or in law enforcement, I'd be taking a particular interest in grey market dealers that spend a decent amount of time on the Costa del Crime, especially those with relatives with previous history of being involved in selling counterfeits and watches with swapped out parts.

[@WestCoastAce27]

Tax men should also be looking into salesmen at Rolex ADs who drive really nice cars… #Kickbacks

[@mraksuperk]

Most of the watches bought around the world to pay for drugs are muled to Dubai and sold there to then pay their bills Every high level supplier now resides in Dubai

[@skatonio]

This dude has the coolest 70 year old man’s voice.

[@gregs8685]

Are you suggesting Luxury Bizarre may be selling watches to criminals??

[@Rajjy]

100% yes

[@misterzero8667]

I have seen quite a few of these business , 2 young guys with million worth of watches suddenly popping up

[@coolgabe64]

I wanna buy a watch from you one day. Great job Vinny.

[@vinnyfrancis]

Cheers, have a great evening

[@spaced270]

What inspired this video?

[@vinnyfrancis]

I read a lot, came across an interesting article about the hezbullah ML case in Germany.

[@jonathansmith283]

things that make you go, hhhuuugghhh ! ~ JDS/CT

[@Zip962]

The grey mrkt is dead !

[@wristopia4101]

List or nothing ; )

[@Kuwaitiblue]

I watch your videos to inform me of the prices and current watch trends. Showing pictures of wraps of drugs and people in handcuffs is total click bait. Unsubscribed .

[@vinnyfrancis]

oh i didnt realise that was my limited mandate? bye...

[@vinnyc126]

Video 10 Evidence 0

[@vinnyfrancis]

did you not hear the part about Hezbullah? That’s a fact, look it up

[@Sabrermk42]

There's literally watch dealers active on social media with publicly known criminal connections

[@vinnyfrancis]

@JazzyMiles-zk7uv the video literally discusses it...