Just do the math. If the savings you get by purchasing from the grey market is worth more than a warranty, go for it. I once bought a grey market watch for $1900 less than you could get it from an AD. This particular watch costs about $700 to service at the factory, so even if it hard turned out to be old stock that needed servicing right away (which I knew it wasn't because I bought it in 2011 and the model fist came out in 2007) I could have had it factory serviced and would have still come out $1200 ahead. Grey market is not any kind of evil thing, as long as they are honest about the product they are selling. The watch companies just want you to think the grey market is evil in order to help ADs sell watches at the huge markup.
@tamarindsyrup60416 жыл бұрын
q
@iammaximus6144 жыл бұрын
Yes, good advice, as long you know the price & specs you can be ahead
@bpslodge8 жыл бұрын
Great advice Federico, I've used grey market dealers for low priced watches where the risk is negligible and have so far had no problems. If I was buying a high end luxury brand I would go ad everything, not just for the warranty but also the whole buying experience.
@netnoob778 жыл бұрын
If the warranty card was stamped by an AD, which some watches from grey market dealers do, the watch will still come with factory warranty. Also, your point on new old stock may also apply to buying from an AD. The AD could very well have old stock too.
@LargeEnsemble7 жыл бұрын
I couldn't imagine, there would be that many points to consider. From my experience, it depends on the item you are looking for. Sometimes the item is hard to find in used condition at all. Plus I have to add: when I can afford the regular price, I would buy at an AD or even a branch of the manufacturer. The experience is one of a kind, plus branches of manufacturers like Cartier and others also have an unbelievable interior and extraordinary personnel. You will always remember that you bought an item there.
@clarkeysam8 жыл бұрын
Great topic for a video. For me, AD or grey market comes down to if the price difference between an AD and grey market dealer is good enough to give up the additional security of the AD. This is a personal choice and would be different for each buyer but giving watch buyer the information that they need to make an informed decision is exactly what is needed and what you've achieved.
@johnviano23128 жыл бұрын
Hi Fed - I agree, buy from an AD whenever possible. With every great deal on the grey market comes a great risk. It's the call of the individual after doing the research. Cheers!
@spankyharland9845 Жыл бұрын
you also know when you are dealing with a gray market jewelry store when the watches do not have that protective cover and special control sticker on the back case, you can get a good deal, especially if you pay in cash- but when it comes to servicing...you are on your own.
@mattt98708 жыл бұрын
In the uk some grey market dealers come with manufacturers warranty because they source watches from ad in Europe that have stamped the warranty card. Sometimes the warranty might be slightly run down of the grey market seller has had the watch on the shelf for a while
@jimloree77286 жыл бұрын
1. I'm always upfront from the start and state that I am just looking. 2. I always tell them that I understand retail and that if a serious customer shows up I have no problem with them moving on while I discretely stay out of the way. 3. If I ask about the price, I only ask for the full MSRP to confirm that it is the model that I asked to see unless I am actually buying something. I'm there to learn about the specific watch I came to see, not sharpen my negotiating skills.
@Tonysoprano4978 жыл бұрын
Grey market dealers in the uk generally advertise full international warranty. Generally sourced from ad in Spain or Italy . I have bought several and the warranty is stamped and signed from the authorised dealer before being forwarded to the grey market dealer.. Would presume these are therefore valid. Great video again Federico..
@christinakkona53215 жыл бұрын
can you name some of these dealers? Thank you
@Audittr21088 жыл бұрын
This a a subject I have been wondering about so you've posted at the right time. Your views on this subject are particularly valid being in the industry. Keep it up Fed👍
@junkmonkey548 жыл бұрын
Another great video Federico. Going grey market can save you around 5-10% but, as you stated, most of the big brands will not honor warranties if a watch sale was not completed at an AD. This places an extremely heavy risk on the buyer, not only given the possiblity of buying a fake watch, but also the unexpected chance that their watch will need to be repaired within its first 2-5 years of ownership. At an AD, you are guaranteed the factory warranty + extended dealer warranty. Repair costs for a modern Rolex start at $600-700 - a problematic grey market watch can end up costing owners hundreds and thousands of dollars to fix, therefore offsetting any initial savings from buying grey market. Not to mention the headaches, no-return policy, and zero recourse buyers must deal with when it comes to private and grey market sellers. Finally, if youre wanting to get your hands on a new or limited edition model, the only guaranteed way is through AD. Support your local businesses and buy AD! you might even get some bonus concierge perks from it :)
@FedericoTalksWatches8 жыл бұрын
+junkmonkey54 Well said Sir!
@mountainhobo8 жыл бұрын
+junkmonkey54 "Going grey market can save you around 5-10%" -- Try 30-40%.
@junkmonkey548 жыл бұрын
+mountainhobo Sure, I've even seen up to 50% on pre-owned watches from certain brands and certain models that don't hold any value. But not on brand new never worn fully warrantied pieces. If you're fine with buying pre-owned, such as a 5 -10 year old Rolex, you could probably save anywhere from 20-30% off. Go make yourself proud bud :)
@mountainhobo8 жыл бұрын
junkmonkey54 Who's talking about Rolex? I am talking about basic Swiss (Tissot, Mido) to mid-tier (Oris, etc). You can easily score 30% off AD price on brand new items, maybe more.
@junkmonkey548 жыл бұрын
+mountainhobo lol everyone's talking about Rolex cuz that's the only mid tier Swiss that holds value
@tc112288 жыл бұрын
Federico , very informative video. Two other point worth discussing: used watch distributor (truefacet, real real) and former owners. Does a warranty transfer from primary to secondary owners? Continue the great effort.
@ianmedium8 жыл бұрын
Great video. About the watches sitting around, I have seen that in Authorized dealers as well.
@TimeAndCrown8 жыл бұрын
Nice video. I hope your advice will save somebody from being very dissapointed with a purchase from a grey market dealer.
@DogBootCamp8 жыл бұрын
Good video. But buying carefully from a good gray market gets you access to used and discontinued models at large discounts. Factory Warranty? Well yes but...there's only a very tiny chance you'll need it if you bought well. Then there's the whole issue of service at the AD or brand service center. Rolex bloody well does what they want rather than what you want. You didn't want your vintage dial replaced? Oops. Too bad. And you don't even get it back. (Omega at least gives you your parts back.) I have bought AD and gray market. I've always felt better with the GM experience and the best of them will even do your service, your way, and a third (or more) less expensive than the brand will do. Still, you raise good points and I'm enjoying your channel.
@NHseacoast5 жыл бұрын
Marc Goldberg, Marc do you mind Sharing what grey market dealer you have used? I’m interested in new Omega.
@felixjohansson18468 жыл бұрын
Another great vid, really enjoying how you speak about watches. There is no one on youtube that I know that are so good at explaining watch related things as you. Really great work Federico! Cheers from Sweden.
@FedericoTalksWatches8 жыл бұрын
+Felix Johansson Wow felix, thank you so much my friend! Quite a compliment!
@clarkeysam8 жыл бұрын
+Federico I Passion and knowledge is a winning combination. I would say in your watch reviews it would help to have pictures of the watch occasionally on the screen whilst you talk about them rather than just a close up video at the end.
@carbonking538 жыл бұрын
Many manufacturers don't try real hard to police grey market dealers by choice. They turn a blind eye intentionally since the grey market helps them sell more of their products which equates to more money added to their bottom line.
@Top_g80comp6 жыл бұрын
carbonking53 absolutely 100% said
@Smootus8 жыл бұрын
Federico, thank you for sharing this information on grey market dealers.... Did NOT know all this, and it is good to know!
@eusupporter84387 жыл бұрын
Yes I will check at TGV but if it comes to profound expertise knowledge I listen to you. Don't take me for wrong, I "love" TGW, it's so much fun, it really really is and he is such a great person. But do you know how fantastic YOU are? Can't thank you enough that you share your knowlage with us.
@strapped2time8 жыл бұрын
One comment Federico... Some grey market dealers, on certain brands, give you the brand warranty. I'm not mentioning who, or what brands... But a few big grey market dealers can, in fact, give the warranty through the AD they get the watches from.
@treblarefils8 жыл бұрын
There are some excellent private grey market/pre owned dealers out there just do your research and do a lot of it if you are a new to the watch game.
@mckinley81858 жыл бұрын
+treblarefils Are these online? Looking to purchase a Rolex Yachtmaster and Omega Speedmaster
@dimaria11578 жыл бұрын
+jj reddick look for local jewelry stores and build a relationship, there not going anywhere , id steer clear of ebay,online, ect.
@locutusdborg1268 жыл бұрын
When you buy a precious metal Rolex, for example, a gray can save you many thousands of dollars. Great video once again.
@gutyup1018 жыл бұрын
Excellent information on the workings of the grey market. Definately food for thought...
@EdwardV208 жыл бұрын
Just how much can you get off a Rolex, Breitling and Panerai? What percentage are these AD's allowed to take off the retail price? This could be interesting to make a good deal. Great video, with good explanation.
@mrissacc17378 жыл бұрын
Great video as always. The vids you put up are always informative and the duration is just nice like a short cartoon in between TV shows. TGV's vids are a little lengthy (not that its bad or anything). Anyways I always look forward to an email regarding a new vid from your channel. Keep it up man.
@dufferjuice8 жыл бұрын
Thanks Federico. Good video. How about a video explaining the best way to sell a watch for those of us, like myself, who are new to collecting. Also, could you tell us the safest places to find quality used watches. Thanks for what you are doing! Cheers!
@IAmScottD8 жыл бұрын
Federico, I love the channel and appreciate your experience and insight! Please keep them coming sir! All the best, Scott in Charlotte
@brianross65698 жыл бұрын
Excellent video my friend. With your experience I'd like to see a video on negotiation tactics with ADs. Keep them coming.
@oksouts786 жыл бұрын
Hi mr Federico !!Congratulations for your broadcast!Whats your opinion on buying from duty free shops?Do they belong to authorised or grey market dealers?
@sectormentor62658 жыл бұрын
Very informative. Just subscribed. Thanks Frederico!
@connorgmehlin29868 жыл бұрын
You should do a video of AD vs grey market vs vintage/used, curious to hear your opinions. Great video!
@dylanl95328 жыл бұрын
What about warranty expired used watch? Do you prefer these to grey market? But the warrant other than proving authenticity really don't mean a thing to older used watches
@Top_g80comp6 жыл бұрын
Dylan L good point
@rwolfhaus12348 жыл бұрын
appreciate your straight forward approach!
@Top_g80comp6 жыл бұрын
Extremely valuable information thank god for people like you 👍🏼👍🏼👍🏼
@itsalgud14596 жыл бұрын
I have two watches that I bought from gray market suppliers. One is a Tissot automatic that I bought from Jomashop, and never had any problems with. More recently, I bought a Baum & Mercier Capeland Chronograph from Authentic Watches. I dropped the watch, and later on it stopped working, so I had to send it back for service. Authentic Watches was very responsive and easy to deal with, but I haven’t received the watch back as yet, so I don’t know the end of the story until I receive it and get billed. Fingers crossed! 😔
@mattydomingo5 жыл бұрын
did you get your B&M watch back yet?
@itsalgud14595 жыл бұрын
Matt Domingo Thanks for asking. Yes I did, a few weeks ago, much earlier than had projected. Total time away was 10 wks, which I am told is very good. Also, no charge, fixed under Authentic Watches warrantee!😃
@mattydomingo5 жыл бұрын
Itsalgud1 thx for sharing! so you would recommend buying from Auth Watches.com?
@itsalgud14595 жыл бұрын
Matt Domingo I doubt very much I could have done better through an A.D., so absolutely yes, I highly recommend them.👍 Also, I did check their rratingthrough resellerratingratings.com before I bought from them, and they have a very good rating there.
@1352-l3j4 жыл бұрын
@@itsalgud1459 do You have the Original paperwork of watches You buy at a grey market Dealer? Would You be able to sell them on eBay to other people?
@seb33118 жыл бұрын
another reason why a watch could land or is traded on the grey market is, that a authorized dealer of a brand needs to reach his turnover-goals they stipulated with the manufacturer. here in switzerland that happend pretty often during the last year as of the strenght of the swiss franc we didnt have that much tourists (which bought luxurywatches as souveniers)...
@senecal91578 жыл бұрын
Great video. Keep them coming.
@MadAzn538 жыл бұрын
Thanks Federico and great topic and video. It's good to hear your perspective on it.
@tenwalls24286 жыл бұрын
So, the jewelry stores offering close-out deals and selling to grey market dealers, get their stock directly from the brand?
@da7inci8 жыл бұрын
Great episode Federico, I totally agree with what you said, however sometimes the killer deals found in grey market are so tempting.. Also is there a way to validate if the warranty card is actually void or not? and will I receive any negative reaction from the AD if it turned out that the warranty is not true?
@Asian_sith_mistress8 жыл бұрын
Great video for people new to watch collecting!
@tomace6648 жыл бұрын
Another great video, Federico. Keep up the good work!
@FedericoTalksWatches8 жыл бұрын
+Nicholas Rini Cheers man!
@sakinarahman9848 жыл бұрын
Thanks for clarifying that ! Excellent video ! Keep up the good work !
@thomask17118 жыл бұрын
could you do a vid on how you got in to working in the watch industry and like stuff evolving around it. Like what you studied or so. and brands you worked for (maybe whisper the percentage you get off when working in an official store)
@FedericoTalksWatches8 жыл бұрын
+Thomas k Lol... I will definitely make a video on that at some point... I will wait for a special occasion though,,,
@jpdavis60427 жыл бұрын
Just hit the sub button. One thing great about being in LA, is that one can do well in dealing with certain authorized dealers, usually the three Asian prestige stores in San Gabriel Valley. Looking at up to 30% off on luxury pieces if the planets are aligned.
@bobfrombrisbane18318 жыл бұрын
Very interesting video, I found this informative. So many myths about there about grey market dealers. Cheers.
@FedericoTalksWatches8 жыл бұрын
+Bob FromBrisbane Glad you got something out of it Bob!
@SelviaResearch8 жыл бұрын
Hey Federico, Great info man, but please invest in an Ikea light and a microphone. I think it would give your video quality a huge boost. Looking forward to the next video.
@FedericoTalksWatches8 жыл бұрын
+RD0519 Cheers RD... I definitely need a light... However, I am using a basic Lavalier mic in the past 2 or 3 videos... Is the audio that bad?
@AnoopBhargav29898 жыл бұрын
+Federico I Use Yeti mic :) Most KZbinrs use it :) Check it out :)
@SelviaResearch8 жыл бұрын
+Federico I i usually watch some tech review channels and they seem to have incredible audio (look up mkbhd). Not sure what they're doing though. I remember in a past video that the background of your white wall was changing as clouds passed by your window. 50 shades of gray... :) anyhow for a months time youve got incredible quality. Pls consider reviewing some good and bad GM's and AD's in the next vid.
@fireice1138 жыл бұрын
Hey Im relatively new to the hobby and just purchased a Tissot off ebay. Brand new and after about a week it wasnt working properly. The guy who sold it to me(100% feedback) told me he got it from an AD, even sent me the receipt, and now its on its way back to Tissot. Any chance that they wont honor the receipt? (The warranty card was NOT filled out) If it does not work ebay actually has a very good return policy that I'll have to exercise if Tissot does not do it for free. BTW love the videos, i try to watch all of them but like I said I recently took an interest in watches and there is alot to take in.
@fireice1138 жыл бұрын
Thank you for the info! After seeing the comment I called Tissot for an update on the repair and they said it was approved! I'm glad im able to stop worrying about it now.
@Count_Grishnackh6 жыл бұрын
william alexander what kind of Tissot? And what happened to it
@Amen208 жыл бұрын
I'm buying only from grey market. Would never pay retail from authorized, that's just crazy for me.
@Sazonman7 жыл бұрын
Tom Saint Who do/don't you recommend when it comes to gray market, have you had any issues returning the item; if so how was it solved and was it to your satisfaction. Thank you
@bobbycorazzini70366 жыл бұрын
Any recommended greys?
@michaelvillanueva40616 жыл бұрын
Bobby Corazzini Try authenticwatches.com They're one of the most trusted gray market websites. I'm planning to get a watch there soon.
@StrivingMen4 жыл бұрын
@John Doe so basically to like to collect timepieces is a mental illness ? And the number that you proposed is no more than 3 watches. And how you get to that magic number of 3 ??? I am curious. Do you normally think that to have more “3”s of anything is also a sign of mental illness too according to you ? Or you apply this formula only to watches ? ....so having more than three shirts ; or 3 pairs or shoes or more than 3 different types of belts is also a sign of mental illness too ? have occurred to you that perhaps ppl who like to collect watches don’t do it because of what a watch does but because of what a watch is ? Is not because it gives time, but because is a machine in miniatura that relies in mechanical principles , with precision and constancy. Is a constant moving Marvel. There’s history, art and science in it that you don’t seems to understand nor appreciate. . Sorry sir, but your argument sounds purely pragmatic, which quite honestly many ppl aren’t moved by purely pragmatic stoic reasonings at all. Life is more richer than ones and zeros.
@michaelvitale40294 жыл бұрын
Tom Saint I recently bought 2 pieces. They retail for $595 ea. I paid $240 ea. Less than the retail cost for TWO. By almost $100
@007oli8 жыл бұрын
Great video, I spoke to a GMD in the UK and they assured me that I would receive a fully stamped warranty (omega) not a GMD dealer, they said it would be stamped by the shop they buy the watch from. Does that sound possible?
@alansdad46138 жыл бұрын
Costco is a great grey market dealer. Brick and mortar stores plus, a better warrantee than most manufacturers.
@jimhlee8 жыл бұрын
my thought exactly. though they recently have tamed their selection to the middle of the road timepieces from Breitling, omega, and tag
@Top_g80comp6 жыл бұрын
Excellent point and Costco return policy is unmatched
@npcforyou6 жыл бұрын
Excellent job Frederick 👌🏽
@hvacae69046 жыл бұрын
Actually it doesnt matter if you buy from grey market dealer as long as you know how to analyze and check the watch based on my experience i still enjoy and uses the watches on that shops.
@leilee2038 жыл бұрын
Always wondered how the greys got their stock. Question though: I've tried buying grey before, but have the watch arrive from an AD, filled in varranty and all. You look up the AD store, and see them selling the watch for retail, or close. How does that work then? Great vid, thanks Federico :)
@philippm27508 жыл бұрын
Federico, many thanks for this video! What happens to the factory warranty if an AD who needs money sells a few watches to a grey market dealer at a big discount? Does the grey market dealer purchase the watches with factory warranty and can he pass any remaining warranty on to the consumer? Many thanks, love your videos!
@NHseacoast5 жыл бұрын
Great video. Are there specific grey market dealers that you recommend? Also do you get paperwork with the watch from a grey market dealer and not the factory warranty I understand.
@redbird9638 жыл бұрын
I think it really depends on what the watch is and how good the discount is. If it's an easy to service watch(basic ETA movement or similar) with a great discount on the grey market(let's say 30 or more percent off), then I'd go grey market. If it has an in house movement(not quite as low of service cost) with a low grey market discount, then buy from an AD. Basically, is the discount high enough that if service was needed, it would still be cheaper than going to an AD. Just my $0.02
@FedericoTalksWatches8 жыл бұрын
+redbird963 I think that is a solid philosophy...
@Bert6bc78 жыл бұрын
+redbird963 I think your spot-on, would never buy a high end watch with an in-house movement from a GREY dealer. I´ve purchased many swiss watches on the GREY market ... ALL ! ALL with ETA ! another great vid Federico ! grazie mile !
@matthewswan78818 жыл бұрын
Great Vid Federico! What's your take on Jomashop?
@FedericoTalksWatches8 жыл бұрын
They seem solid... Prices are a bit high though...
@kerrye838 жыл бұрын
+Federico I what grey market shop had good prices? I've purchased from ADs but I want to make sure I'm not losing money either. thanks.
@TenBitTech8 жыл бұрын
Really enjoying your channel keep it up!!!
@harrytiger20256 жыл бұрын
Hey federico, can you recommend any AD's / grey market dealers you've worked with? and tips on how to get the best deal? thanks in advance!
@singaporecancersociety54755 жыл бұрын
Hi Federico, would I be registered as the owner when I purchased Rolex watch in the grey market dealer? May I know how the process work as I understand grey market dealer should purchased from the AD right? And AD by right should registered the purchaser as the owner? Thank you.
@mckinley81858 жыл бұрын
What is the best online grey market dealers that you trust to purchase from online? Rolex and Omega
@tinchi213able8 жыл бұрын
Just a word of thx, Really appreciate the informative videos,
@BjornDannerup8 жыл бұрын
thank you very much for the info. were confused about the difference 👍
@Antonio-yg1fd8 жыл бұрын
Federico, what do you think about Creation Watches? Do you have any experience with them?
@DRnab19838 жыл бұрын
Great vid - any tips on getting s discount from a AD ?
@pikoy9898 жыл бұрын
great info.. keep it up Frederico
@arturo1288 жыл бұрын
love your chanel, you talk about things that matter no bs, salud
@bullishgentleman8 жыл бұрын
Really like your videos. Good work!
@bullwingsc62168 жыл бұрын
Just Subscribed. Great video. What kind of discounts can you get from AD (Roles, Omega)?
@BrettL2508 жыл бұрын
Warranty follows the watch.
@celestialfix8 жыл бұрын
I really like your presentations.....Ill bet you were a very good sales person.
@FedericoTalksWatches8 жыл бұрын
+celestialfix I wasn't bad ;)
@celestialfix8 жыл бұрын
+Federico I they should put you in charge of Wempe on Fifth Ave or something.
@FedericoTalksWatches8 жыл бұрын
+celestialfix I used to work there ;)
@right2armbears6857 жыл бұрын
Federico, will a Brand ever deny service of a grey market watch, even though you will pay for the service?
@FedericoTalksWatches7 жыл бұрын
They shouldn't... They may deny service if it has been tampered with though...
@MrMuttonhollow8 жыл бұрын
Good information, thanks for sharing. I am coming to NYC this month, what would you say is the best watch shops in the city?
@FedericoTalksWatches8 жыл бұрын
+MrMuttonhollow Best shop in the city is Wempe on 5 Ave... Best store in the country!
@alter3go4118 жыл бұрын
Once again very informative. Thank you!
@siegfrield1288 жыл бұрын
Frederico I'm heading to London and NY in july and I'm looking for a datejust (two tone) stainless and gold with a white dial. Could you tell me where to go in this locations in order to acquire this model in a good condition (with the box papers and that kind of thing. Thanks in advance and keep up with the videos. You're doing a fantastic job and you got a new subscriber.
@fasolt018 жыл бұрын
Great Video - i really appreciate your work!
@LargeEnsemble7 жыл бұрын
The watches, that I have checked out (various Reverso models), are quite expensive even when they are 10 years old and unworn (if that is the case). Models from the actual season might be cheaper than the ones bought at an AD, but for me, that is not a reason to choose a grey market dealer. I would rather wait a couple of months, put the price difference on the side and go to an Authorized Dealer to purchase the watch of my dreams. This is something I will never forget. Greeted by a sales representative of an AD of the brand, enjoying an espresso or another beverage, let the sales rep. explain the watch and the handling and of course paying it, did make my day and will again by buying my next object of desire (so to speak). Plus, at the AD, the bracelet or the leather strap can be fitted. However, if you are looking for a watch, that isn‘t in the catalogue, one can buy an older version for a good deal on the grey market. In case, as Federico has pointed out, you have a good feeling with the grey market dealer.
@harcotelindert8 жыл бұрын
One note I want to make is how can you in the shop identify that it is a real AD? Or is it a matter of going to the brand website and check their AD list?
@dimaria11578 жыл бұрын
go to brand website, they list all of their certified dealers, rolex.com breitling.com ect.
@reinhardblade60408 жыл бұрын
Quality video as usual!
@FedericoTalksWatches8 жыл бұрын
+Reinhard Blade Cheers!
@bulbhorn8 жыл бұрын
Very interesting. Thank you.
@hewhohasissues8 жыл бұрын
Great video and nice shirt big boi
@BruceWilliams8 жыл бұрын
Awesome video Fredrico, glad to hear your straightforward thoughts on this significant topic. Especially from your past perspective
@iammaximus6144 жыл бұрын
Great info 👍🏽
@eric1060718 жыл бұрын
Excellent Video!
@Triggaaar8 жыл бұрын
It depends on the discount doesn't it. How much would you want an AD to give you off a new Omega Federico?
@dimaria11578 жыл бұрын
generally most ads dont discount
@dimaria11578 жыл бұрын
some grey market jewelry stores are legit though, a lot are using non rolex parta to fix watches and sell them as complete Rolex though, none have a rolex parts account.
@michaelbreder44798 жыл бұрын
Will the manufacturer service a watch if bought off grey market? I had an Oris AD tell me Oris will not even service a grey market watch even if you want to pay.
@FedericoTalksWatches8 жыл бұрын
+Michael Breder If it is 100% original and unmodified then yes if you pay they will service it...
@mickey_mouse_watch8 жыл бұрын
Amazing information, Federico. Thanks! Say, do you know anything about watch auctions? My feeling is that it is even riskier than the grey market. Ah, what do I know... :-)
@AntoineThisdale8 жыл бұрын
Is a store that sells multiple brands considered greymarket? How can you tell if a store is a real authorized dealer? (one way is to check on the watch maker's website and see if they promote the dealer?).
@clarkeysam8 жыл бұрын
+Antoine Thisdale The vast majority of ADs sell multiple brands of watches. If you ask the shop if they are an AD for brand "XYZ" they should tell you the truth but the best way is to go onto the watch brand's website and search for shops in your country.
@edwardmorley388 жыл бұрын
brilliant information,thank you..
@datsunmadman8 жыл бұрын
I only buy a Rolex from a AD. as for other brand grey market. jomashop is a place I bought from before.
@Sazonman7 жыл бұрын
datsunmadman Did you had good experience and outcome when it came to shopping at jomashope and did have any issue with your purchased, if so how was it solved when it came to your purchase from them. Also what brand did you purchases from them and what brands you don't recommend buying from them. Thanks
@mattpeters62246 жыл бұрын
Honestly have never heard something so wrong in my life. How much is a 126600 at an AD? $11,350. How much can I sell the 126600 for today? $13k and above. Next example, new sub AD $8550, I can sell for 9k right now. And on and on and on. WTF are you talking about. Lazy pisses me off.
@anthonyb29906 жыл бұрын
@@BLdontM depends on the model. You buy a submariner or gmt from an Ad you can make money off of it.
@Claus-L.Mueller8 жыл бұрын
Great advice. Thank you, Federico. And 40% margin sounds interesting... ;)
@DogBootCamp8 жыл бұрын
I feel a little sorry for the AD these days. They tie up enormous amounts of their cash. Maintain high rent locations. Pay lots of professional personnel. Often have a master brand certified watchmaker to pay. Yikes. 40% sounds high until you think of how much of an investment they have to make and the risk this entails. Still, I think they serve the retail market rather than the collector market. Retail customers are more likely to pay that margin in return for peace of mind. But they can needlessly pass through the arse for it.
@devonr74973 жыл бұрын
What is stopping me from buying say a RM ceramic bubba watson for $250k off a reputable grey market dealer (actual available price) and re sell the watch for full market price @$500k?? (technically buying off grey market dealers is still the identical brand new mint condition watch they just were able to get it for super cheap off of the various methods available, so it should be able to sell at full market price on chrono etc) This just makes no sense...
@liberalsarenoobs8 жыл бұрын
this channel is gunna be as big as tristano's
@FedericoTalksWatches8 жыл бұрын
+liberalsarenoobs Hahahaha... I certainly hope one day it will be... Long long long road ahead though my friend...
@mattmacine8 жыл бұрын
I find this channel to be the pleasant medium between the belligerent "phucka" and TGV. No offence to either of them. Keep up the good work Fede, stellar objective content. Looking forward to seeing the channel grow.
@DogBootCamp8 жыл бұрын
+Federico I your videos are way better than his imho. You are much more knowledgable and a great deal more genuine.
@justinkhleung87487 жыл бұрын
Frederico would you be able to name the dishonest grey market shop that refurbish used watches and sell as "new"? In your view, is Jomashop a relatively trustworthy grey market shop?
@FedericoTalksWatches7 жыл бұрын
90% of grey market places do it... And "relatively" is relative lol... I wouldn't buy anything from them...
@North18678 жыл бұрын
Another good video.
@jimhlee8 жыл бұрын
are warranties from an AD transferable? if I buy a watch used and they have a receipt, does the manufacturer honor the warranty?