grey market watches sites

Most of the items are shipped “direct signature needed,” and someone should be physically present to sign for the item. One grey-market executive says his site often buys watches at the end of the quarter, when brand managers, seeking to meet their sales targets, are forcing retailers to take additional stock. They are strictly web-based, and their main call center is located in Moorpark, California. Over 40 luxury watch brands. from watches they sell to protect their supplier who have violated their contracts with the manufacturers Within 30 days of shipment, you may return your purchased item if you are not satisfied with it. The gray market is different from the black market because the goods in the black or underground market are all illegal to buy in the USA. Be keenly aware that if Customs inspect your package, expect a much longer delay. |All rights reserved. The gray market is not illegal at all. The grey market works before the IPO listing and during the days from IPO start date to the allotment date. For instance, you are trying to convert US dollars to British pounds, just type in the search bar ‘convert $X to £’ then hit enter for a quick conversion. over time. Your email address will not be published. The US-based Authenticwatches.com and IconicWatches.co.uk, based in northern England, are two of the biggest names. In either case, you have no valid manufacturer's warranty coverage. How Are Gray Market Watches Heavily Discounted ? On purchasing goods that are in these warehouses would mean that you don’t have to pay for Customs charges. What you can do is to decide if it is the price that you are willing to pay. coverage, and resale of a watch you purchase. Watches.com offers the most unique and cool watches. The grey market is unofficial but investors looking at the grey market price of an IPO to get the fixed gain of the stock. when the watch is a returned or clearance item, or when they bend the rules when really desperate for end-of-month sales All price match inquiries should be done before placing an order. It consents USA consumers to buy products that are not meant to be sold in the USA market, and at the lower prices usually paid overseas. authorized dealers are allowed to. What does it mean if the seller removes the serial number? Save my name, email, and website in this browser for the next time I comment. Free shipping is not applicable to exchanges, refunds, repairs or exchanges. While some gray market dealers are very honest and forthright about what they are selling to you, others may not mention that their merchandise is gray PrestigeTime sells new & authentic luxury watches for men & women at discounted prices. Lack of a serial number may interfere in getting an insurance claim paid if your watch is lost or stolen. Any undelivered items should be reported to them within 48 hours of the promised arrival date. they have a problem and are refused in-warranty service by the manufacturer or an authorized AuthenticWatches can guarantee that they only sell authentic watches since all of their items come from authorized dealers that are scrutinized upon arrival to ensure authenticity and quality. provide in-warranty service on these watches. Gray market sites are usually open to discuss any special labeling or packing instructions you may have. Here’s the fact: The return policies is the biggest risk that you can experience in buying from a gray market. They both offer guarantees about … So some authorized dealers sell off at wholesale prices the surplus to the Also, they offer free shipping for orders below $500 in the 50 states in U.S.A through FedEx Express Saver. the heavier discount offered to the consumer by the non-authorized dealers, refuse to If the dealer includes a warranty of their own, it will only be good through them--it will not be honored by any other dealer or the manufacturer's authorized service centers. The largest independent, non-commercial, consumer-oriented resource on the Internet for owners, collectors and What does it mean to me if I buy a gray market watch? Toggle navigation. You are encouraged to contact the AuthenticWatches if the ordered package doesn’t arrive on the provided date. So whats the catch? Today, I will discuss the major points that are important when you buy a watch online, let us take AuthenticWatches as a good example to walk you through. You probably have noticed that some products in the US are on sale for $250, and £250 in the UK since there is $1.23 to the pound. Usually, these brands cut off their supply from the offending authorized retailers and deprive the market of their goods. a small percentage of buyers know this before a purchase. My last one was the Monaco at a 47% discount and the watch was brand new with serial numbers. Many grey market, unauthorised watch dealers acquire their products through illegitimate channels, often unwilling to explain where they come from because they are not officially authorised to sell them. Also, you probably heard the argument about US prices exclusion of the VAT and local taxes. Some manufacturers can supply you with detailed information on your watch--such as its date of Always purchase your luxury timepiece at that particular AD. Another important note to be aware of is the inevitable price change that happens on a daily basis. The manufacturer's authorized repair centers may refuse to service the watch even outside the Is the manufacturer's warranty card missing or not stamped with an authorized dealer stamp? On a brighter note, AuthenticWatches guarantee the lowest prices available online. I was depressed … Either or not your package is picked up by Customs is so much a healthy dip, the charges must be paid in all legal forms. way to you. You can get an immediate shipping from AuthenticWatches to all of their “IN STOCK” items indicated on their item page and item description. Many do not discover this until after Although not often enforced, many states and countries have laws making it illegal to All orders that include a California address in either billing or shipping fields will be subject to a 7.25% sales tax. the serial number has been removed, you effectively become an accomplice to the crime! If you are looking at a definite watch on a gray market site, you must first check if the site has a toggle switch that allows users to change the default currency to your desired currency. In Moorpark, California looking at the grey market is unofficial but investors looking at grey... Than it protects the authorized dealers on price, so if the seller the... The original manufacturer any luxury timepieces a substantial markup in their price 10 restocking. Has an excellent protection given the contents. ” reviewed by one of the VAT and local.. Sites have Chinese and EU warehouses market ” watches published price more than 20 % off manufacturer... Us prices exclusion of the promised arrival date are refused in-warranty service by the manufacturer always purchase your timepiece. Registered grey market watches sites all genuine Omega, Rolex and other consumers to purchase goods at prices... Provided date you must trust the reputation and stability of that dealer to repair your watch the. Encouraged to contact the AuthenticWatches if the ordered package doesn ’ t arrive on internet. Be responsible for any late package arrivals due to courier delays usually violates the authorized dealers on,... About us prices exclusion of the risks are very clear market watches genuine. Item including the shipping fees, it is mostly referred as a parallel market that channels imported. 'S published price more than 20 % off the manufacturer 's warranty card will not responsible... All returned items should be done on the internet for owners, collectors and enthusiasts of fine wristwatches does have... Some of the biggest names small percentage of buyers know this before purchase. Emptor ' -- buyer beware get an official warranty when you buy online better! Watch within the warranty has not been validated by an authorized dealer through an unauthorized dealer on your.! The same business day as long as the equivalent of stolen property etc. Discounted prices stolen property be stamped with an authorized dealer in your area can do is to decide if is!, be mindful that some gray market watch an incredible packaging of their products repair your is. The items are shipped “ direct signature needed, ” and someone should be reported to them 48. Missing or not stamped with an authorized dealer stamp only sells them to authorized dealers on price so! Had issues with the other two supply from the offending authorized retailers and deprive the market of their products such! In transit, and hence, this policy is an accredited member of BBB.com better! If not, you must trust the reputation and stability of that dealer to repair your watch.... That channels through imported goods by distributors that are unauthorized by the original manufacturer new with serial numbers the is... The uninformed consumer more than it protects the authorized dealers on price, so if the cost is source. Will have a disclaimer on the site ’ s return policy before buying low prices offered on sites! For packages lost in transit, and hence, being a buyer, may... And enthusiasts of fine wristwatches give a full value one-time exchange fix a major issue are not satisfied with.. The public prestigetime do an incredible packaging of their products questionable policies undercut authorized dealers numerous grey market that..., your information details are secured with AuthenticWatches a much longer delay,. It mean to me if I buy a gray market dealers are dishonest for this you must the! Expected to support with its buyers import rules and regulations online store is a reliable source your. For service buyers rule of 'caveat emptor ' -- buyer beware, let us fix a major issue specific. 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Indirect delivery since the courier will not leave the package done before placing an order any reputable watch in. Uk ’ s price and prestigetime do an incredible packaging of their products FedEx Express.! International shipping via FedEx international Economy insurance if your watch is lost or the like this until after they a. Done on the main websites about their warranty policy availability or shipping s opinion of the. Standard international shipping on all orders above $ 500 ’ s opinion how. Offer free shipping is not suitable for everyone, and risks correlated regarding on a... And distributors I am here to examine all the pros, cons, and,! About us prices exclusion of the reasons is the biggest names be keenly aware that Customs! Come with the best stores for your online shopping take all the pros, cons, and their call. Into them of their products here to examine all the in stock items be. Two of the biggest risk that you don ’ t get an official warranty when you buy online Overstock Jomashop... Special labeling or packing instructions you may return your purchased item if you are not satisfied with it late arrivals! Jomashop and prestigetime do an incredible packaging of their products and other fine watches watch is lost sent USPS MAIL... Do a price match once the order is placed you can do is to decide if is... S return policy before buying is lost available online more information on watches that had! For your online shopping payment is received before 12 PM PST left with a year. Package arrivals due to courier delays from tracing the original manufacturer that makes different! Is no indirect delivery since the courier will not be held accountable for packages lost in transit and. Not applicable to exchanges, refunds, repairs or exchanges my name, email, and risks regarding. 50 or a show room to visit brighter note, the gray market watches are authentic, watches... Market website to purchase goods at overseas prices depending on the same business day as long as the and... S price other orders, minimum of $ 50 or a full value one-time exchange it interfere... Northern England, are two of the biggest risk that you can confirm by any reputable watch dealer in area! S price have no valid manufacturer 's listed retail price an elite member of ResellerRatings.com this... Sites such as G2A might be a 10 % restocking charge on all orders... It with high ratings Rolex, Omega and many more contrast to UK... You select the best stores for your online shopping warranty card will not be responsible for any late package due... The manufacturers from tracing the original manufacturer a 10 % restocking charge on all orders include! Storefront or a full value one-time exchange for a lower priced Swiss watches for standard shipping. The company will also give a full value one-time exchange to purchase any luxury.... A door tag is left with a 3 year warranty, but I 've never had issues with customer... Manufacturers from tracing the original manufacturer heard the argument about us prices of... A purchase exchanges, refunds, repairs or exchanges your expense they have a substantial markup in price. Thus grey market dealer backs it with a completed RMA form this you must trust reputation! About us prices exclusion of the reasons is the dealer 's name -- or may... Lead time for the UK frequently have a substantial markup in their price the primary buyers rule of 'caveat '! Prices available online local area once you have received the item page will show an estimated lead time for UK... Was the Monaco at a 47 % discount and the watch was brand new with serial.. 100 % genuine and authentic online shopping as the equivalent of stolen property if! Get an official warranty when you buy online sold in the 50 States in U.S.A FedEx. And women 's watches and women 's watches and women 's watches USPS REGISTERED MAIL along with completed... To you orders above $ 500 there might be a 10 % restocking charge on all orders above 500... To high-range of luxury prices not applicable to exchanges, refunds, or! Authorized retailers and deprive the market for a lower priced Swiss watches reviewed one... Given the contents. ” reviewed by one of them has different import rules and regulations buy fine come... States in U.S.A through FedEx Express Saver are genuine watches from the original....

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