Are grey market watches authentic?
Gray Market watches are authentic products that are sold through an unauthorized source. Watches purchased from a gray market source will not include a factory warranty and resale values will be lower than a watch purchased from an authorized retailer.
Is it safe to buy grey market watches?
The good news is, yes! All the watches on the gray market are real and legally sold. Nevertheless, you should always do your research before buying any vintage or pre-owned watch. Find out if the case, movement, strap, dial, hands, and watch glass are all in original condition.
Is Jomashop grey market?
Likewise, Jomashop is a grey market watch seller, which makes it a totally legitimate business. Jomashop’s business model is entirely legal, and they sell authentic watches. However, they sell them outside of the originally intended distribution channel.
Will Omega service a grey market watch?
By all accounts, Omega will still service the watch. It’s not like they are going to confiscate it or turn you down. But, they will charge you full price for the service, even if it is for a manufacturing defect.
Where do grey market watches come from?
Gray market watches are often sourced from overseas or even sold illicitly by dealers that have excess inventory. When buying from a gray market source, you have no way of knowing when the watch was manufactured and what may have happened to it in its journey between multiple distribution points.
What is a gray market watch 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. The usual authorized retail store works like this: the brand manufactures its watches and sells to official distributors across the globe.
Is jomashop grey market?
Jomashop is a grey market seller who gets most of its watches from authorized dealers unloading excess inventory. Jomashop’s prices prices are generally about 20% below the manufacturer’s suggested retail price (MSRP).
What is the “grey market”?
In the securities markets, a grey market is a market wherein a company’s shares are traded before they are issued in an initial public offering (IPO).
