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Best grey market watch sites9/9/2023 The online presence of these dealers is often a combination of the same ingredients: rare sneakers, flying private, and Skittles-colored sports cars. By reselling these models secondhand, he self-reported $113 million in sales last year (though he did not disclose to me his yearly revenue).Ī post shared by TimePieceTrading 26-year-old certainly looks like $113 million in sales. Neel Alwani can sell you an Audemars Piguet Royal Oak or a Patek Philippe Nautilus - stainless steel models designed by Swiss watchmaker Gérald Genta that seem to be everywhere (including the wrists of Jay-Z and Leonardo DiCaprio) except for the actual boutiques. The only catch: You’ll need to pay - cash or crypto - sometimes tens of thousands of dollars above suggested retail price. You can see for yourself on his Instagram. And he has the inventory: impressive diving features you won’t actually use, rare watch-face colors, so many diamonds. The gray market luxury-watch dealer will respond to your DM right away - he doesn’t care who you are, as long as you can pay. So you’ll do the second: Find a gray market luxury-watch dealer. The inventory on the primary market for the so-called hype or trophy watches can be so low there isn’t even a wait list. See those blinged-out wrist clocks inside the display case? Yeah, the sales guy isn’t going to actually sell you one of those. But if you have to Google Maps the directions because you’ve never been there before, this isn’t how you’re going to find one. The first: You waltz into a boutique with a name like Rolex, Audemars Piguet, Patek Philippe, or Richard Mille emblazoned across the storefront windows and ask for a salesperson. Technically, there are two ways to buy a luxury timepiece. The rich can have pretty much anything their diamond-encrusted hearts desire - three-minute private-jet flights, a stupid yacht, this wedding - unless it’s a big fancy watch.
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