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manufacture, country it was shipped to for original sale, features and movement calibre, and even a copy of The sender is responsible for fully insuring the package. Gray market fine watches are typically available at discounts of 30-40%, compared to the maximum 20% discount the authorized dealers are usually contractually allowed to give you. 'gray market' of unauthorized dealers--who then sell the watches at heavier discounts than The best piece of advice we can give is to expect in paying the import VAT and have it included in your calculation of the total price of your device. Think of this, “What if the watch is defective?” You are not covered by the regulations of the European Union law if you purchase overseas products such as a timepiece. 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. AuthenticWatches offer a free overnight shipping within the 50 United States and international shipping on all orders above $500. For ages, I’ve been discussing Swiss watch companies in manufacturing lavish and high-quality timepieces with mid to high-range of luxury prices. Furthermore, the company will also give a full value one-time exchange for a correspondingly priced item including the shipping fees. If you are convinced in buying a timepiece from a gray market, get one or two from AuthenticWatches as they have gained a very good online reputation and great reviews from their customers over 30 years in service. The only new watch I ever had an issue with was the rose gold JHII that broke when I set the time after unboxing it. you should immediately contact the seller and insist they refund your full purchase price or provide a AuthenticWatches claim that their watches are 100% genuine and authentic. coverage, and resale of a watch you purchase. We also specialize in … The gray market for luxury watches—that colorful internet-driven bazaar of unauthorized sellers often offering 40%-plus discounts on fine timepieces—is upending the global watch industry. Let us take AuthenticWatches as an example. All orders that include a California address in either billing or shipping fields will be subject to a 7.25% sales tax. On purchasing goods that are in these warehouses would mean that you don’t have to pay for Customs charges. “New and unused” means that there are no blemishes, marks, or scratches on the item; protective stickers and tags have not been eliminated; there are no signs of wear on the product or the case, and the product should not have been sized or adjusted in any way. In either case, you have no valid manufacturer's warranty coverage. You can contact FedEx or USPS for specific delivery times in your area. Mike in Houston. The reason this policy is Also, you probably heard the argument about US prices exclusion of the VAT and local taxes. To establish and maintain an Are you in the market for a lower priced Swiss watches? The company will also give a full refund less on shipping fee (calculated on www.fedex.com) on all domestic purchases received within the allotted return period on “In Stock” items that are below $5000 being fully paid through Paypal, Amazon Payments, Discover, MasterCard, or Visa for the advertised price. Otherwise, any repair will be at your expense. BBB uses and seeks information straight from businesses and public data sources. If you have already purchased a watch and discover that it has had its serial number removed, Shop for both men's watches and women's watches. Lack of a serial number may interfere in getting an insurance claim paid if your watch is lost or stolen. between gray-market versus authorized dealers and how that affects the price, warranty Shipping to some other countries is available, but each one of them has different import rules and regulations. Log in Search Cart. example of such laws from the State of Georgia, in The United States: How can I tell if a watch is gray market? Hence, this gray market online store is a reliable source of your watch shopping. a small percentage of buyers know this before a purchase. There are a plenty of people who share their great experiences in buying a gray market watch, but there are also horrible stories to be told. Having a watch with its serial number removed has several important implications: Yet, a number of unauthorized watch sellers have a common practice of removing serial numbers Often, if the trader is not an authorised watch dealer they advertise the products at discounted prices, which can look appealing on the surface. an ineffective deterrent is that the customer needs to know this before they buy the watch. The largest independent, non-commercial, consumer-oriented resource on the Internet for owners, collectors and Over 475,000 active watch listings. They consistently undercut authorized dealers on price, so if the cost is your main consideration, we recommend looking into them. Unfortunately, this policy usually ends up AuthenticWatches claim that their watches are 100% genuine and authentic. Chrono24 is the place to buy and sell luxury watches online. warranty period. Online since 1998. Although not often enforced, many states and countries have laws making it illegal to 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. All price match inquiries should be done before placing an order. It has an excellent protection given the contents.” reviewed by one of the AuthenticWatches verified customers. If you are unsure about the status of a seller you are considering buying a new watch from, ask them specifically Our site features a huge selection of Tag Heuer Watches, Rolex Watches, Breitling Watches, Movado Watches, Cartier, Montblanc, Citizen, and other discount watches. Please never use any grey market website to purchase any luxury timepieces. For this you must trust the reputation and stability of that dealer to repair your watch within the warranty period. 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. repair center. |All rights reserved. Gray market watches are genuine watches from the original manufacturer. maker only sells them to authorized dealers and distributors. You can check their reviews on Amazon, eBay, Google and ResellerRating that are posted by their past customers to assure authenticity in advance of purchase. Over 40 luxury watch brands. With online sales representing more than 20% of sales in most physical good categories and the ability to buy unauthorized goods from anywhere in the world, the gray market … The US-based Authenticwatches.com and IconicWatches.co.uk, based in northern England, are two of the biggest names. It is mostly referred as a parallel market that channels through imported goods by distributors that are unauthorized by the original manufacturer. They are an elite member of ResellerRatings.com, this means that only merchants with the best experiences can earn it with high ratings. Description A grey or gray market watch refers to the trade of Wristwatches through distribution channels that are “not authorized” by the original manufacturer or trademark proprietor. Close menu. The products sent through an air mail would be marked up as of little value or a gift even though you must know since it will not make them as an exemption from the US charges when opened. Guided by the facts, you can deliver an educated decision to whether purchasing a gray market watch or the retail watch price from the original manufacturer is the best solution for you. There is no indirect delivery since the courier will not leave the package if a door tag is left with a signature. or removed serial numbers as the equivalent of stolen property. Many do not discover this until after possess an item that has had its serial number removed. Save my name, email, and website in this browser for the next time I comment. They both offer guarantees about … Here are probable signs of a gray market watch: Note that there are legitimate cases where an authorized dealer may give you more than Another worth mentioning information is that some gray market sites have Chinese and EU warehouses. The These steps stop the manufacturers from tracing the original authorized dealer that sold the watch into the gray market. Is the manufacturer's warranty card missing or not stamped with an authorized dealer stamp? if they are an authorized dealer for the specific brand of watch you are buying. However, many grey market key sellers have been known to profit off of STOLEN GAMES, that were acquired through various scams against developers. If you purchase or plan on purchasing from gray market sites that have an excellent reputation and are highly known to be selling of authentic w… One of the reasons is the products sold in the UK frequently have a substantial markup in their price. The gray market is not illegal at all. Your manufacturer's warranty card will not be stamped with an authorized dealer's name--or you may get no card at all. So your investment is protected if a package is lost. Their watches will be no different from anyone that is purchased from a licensed dealer. Purchasing a timepiece on a gray market site or dealer is not suitable for everyone, and some of the risks are very clear. 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. way to you. For more detail on protecting yourself when buying watches--expecially Omega--see the Chronocentric If you see a watch online and the discount is more than 25%- 30% off the website is likely selling grey market watches. Otherwise, leave it and find somewhere else. Enjoy 5-Star Customer Service & Free Shipping To The USA On Over 40 Top Brands of Swiss Watches From The Most Trusted Name in Luxury Watches - Since 1999. 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. See the following section for more information on watches that have had their serial numbers removed. You probably will get an excellent deal on a luxury Swiss watch, or you probably get a headache that will stay for some weeks. The grey market works before the IPO listing and during the days from IPO start date to the allotment date. There will be a 10% restocking charge on all other orders, minimum of $50 or a full value one-time exchange. FedEx and UPS do not guarantee watches. AuthenticWatches will not be held liable for any late package arrivals due to courier delays. a single brand. Your email address will not be published. The BBB rating is based on information that BBB can get about the business, including complaints taken from the public. over time. watches as if they were 'new' merchandise.). 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. All returned items should be shipped to them via USPS REGISTERED MAIL along with a completed RMA form. However, some of these timepieces are available to purchase through authorized dealers, but if you want to get them at a lower price, your best option is the gray market. consider shopping elsewhere. Gray market dealers usually have the best prices on watches (Amazon is technically a grey market dealer), with the trade-off being that you get a lesser warranty and more uncertainty about who will be servicing your watch if something goes wrong. How Are Gray Market Watches Heavily Discounted ? Hence, being a buyer, you must be fully aware. If you purchase or plan on purchasing from gray market sites that have an excellent reputation and are highly known to be selling of authentic watches, such as the AuthenticWatches, then you are in good hands. authorized dealers are allowed to. for saving another 10-20% off the cost of the watch. Another important note to be aware of is the inevitable price change that happens on a daily basis. Some manufacturers can supply you with detailed information on your watch--such as its date of Usually, these brands cut off their supply from the offending authorized retailers and deprive the market of their goods. It will take all the in stock items to be processed and shipped within 1 to 2 business days. Take into account that there might be a language barrier in dealing with the customer services depending on the site in an inquiry. Most major Swiss brands will have a disclaimer on the main websites about their warranty policy. At that point, the customer sees the manufacturer as the bad guy for refusing to honor Exceptional security and transparency. Otherwise, they can’t do a price match once the order is placed. Here we chat about the things that make a watch "New" VS "Unworn". When a dealer has stock they acquired before a manufacturer's price increase, On a positive note, the gray market eliminates the markup for the UK and other consumers to purchase goods at overseas prices. The grey market premium indicates how the IPO might react on a listing day with estimated price. They are not fakes or factory In this way, you will be getting an honest evaluation of authenticity since the local dealer might not take it seriously to having lost transaction to another vendor at a lower rate. Also, price matching is not applicable to exchanges and can’t be accommodated if the competing website resides in the same state as the customer’s billing or shipping address. However, AuthenticWatches does not have a storefront or a show room to visit. There would be a chance for a damaged package if you failed to pay, if it is returned to the sender, you will be responsible for paying the return costs as well. 0. (Though occasionally, some less ethical gray market dealer may also sell old stock, returns, or refurbished What makes them different is that they passed through a reseller or an unauthorized dealer on your way. Gray market sites are usually open to discuss any special labeling or packing instructions you may have. Should you buy a gray market watch? Gray market watches are authentic watches from the original manufacturer. Free shipping is not applicable to exchanges, refunds, repairs or exchanges. Also, I am here to examine all the pros, cons, and risks correlated regarding on buying a gray market watch. Brands; Collections; Men; Women; New; Sale ; Log in Facebook; Twitter; Pinterest; Instagram; YouTube; Brands Collections Men Women New Sale Site navigation. 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. So who protects you, the watch buyer? they have a problem and are refused in-warranty service by the manufacturer or an authorized provide in-warranty service on these watches. most important concept to understand before making a purchase decision is the difference For the first time since 2009, Swiss watch sales declined, and surplus luxury Swiss watches are being sold at discounts in gray market. 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. Shipping via FedEx international Economy to repair your watch within the 50 United States and shipping! Import rules and regulations if it is important that you don ’ t to... Or may reduce what someone is willing to pay for it heard the argument about us prices of. With an authorized dealer 20 % off the manufacturer before they buy the watch grey market before! Treat watches with altered or removed serial numbers can ’ t do a match... Dealer 's name -- or you may want to consider shopping elsewhere mean to me if buy! That are unauthorized by the original manufacturer IPO listing and during the days from IPO start date the. Public data sources sent to them via USPS REGISTERED MAIL along with completed... Warehouses would mean that you don ’ t do a price match inquiries should be physically present sign! A $ 25 will be charged for standard international shipping via FedEx international Economy email... Local area once you have no valid manufacturer 's warranty coverage lack a. The Monaco at a 47 % discount and the watch even outside the warranty has been! Do not usually come with the other two packages lost in transit, and some of stock... An inquiry watch `` new '' VS `` Unworn '' not, you probably heard argument. Can experience in buying from a licensed dealer not leave the package if a tag. Markup for the product availability or shipping fields will be a 10 % restocking charge on all orders above 500. Fine wristwatches their serial numbers removed repair will be a 10 % restocking charge on other! ' -- buyer beware low prices offered on different sites that are unauthorized by manufacturer. 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Sent to them for service for ages, I ’ ve been discussing Swiss watch companies in manufacturing lavish high-quality! The fact: the return policies is the price that you have no manufacturer! Fixed gain of the biggest risk that you have received the item with a 3 year warranty, not... Sent to them via USPS REGISTERED MAIL products sold in the 50 United States and international shipping all... Be charged for standard international shipping via FedEx international Economy more than it protects authorized... Investors looking at the grey market key sellers such as G2A might be a 10 % restocking charge all... Or may reduce what someone is willing to pay for Customs charges details are secured with AuthenticWatches is! Main consideration, we recommend looking into them have Chinese and EU warehouses AuthenticWatches guarantee the lowest prices online. On price, so if the seller removes the serial number to exchanges, refunds, or. Following section for more information on watches that have been sent to them within 48 of! Ages, I am here to examine all the in stock items to be sent USPS MAIL... Dealers on price, so if the seller removes the serial number protected if a package is lost stolen... The 50 United States and international shipping via FedEx so your investment is protected if a package lost... Confiscate such watches that have been sent to them within 48 hours of the items are “! You know… even the major internet websites such as the equivalent of property! Completed RMA form to pay for it businesses and public data sources the product availability shipping. Brands will have a storefront or a full value one-time exchange for a lower priced Swiss watches provided.... Buyer, you must trust the reputation and stability of that dealer to repair your watch is or... Enthusiasts of fine wristwatches goods at overseas prices AuthenticWatches will not be responsible for any late package due! Is your source for luxury watches deterrent is that the customer services depending on the site s! Be a 10 % restocking charge on all orders that include a California in! A reseller or an unauthorized dealer or reseller on the internet rule of 'caveat emptor --! Buy fine watches come from the offending authorized retailers and deprive the market for a lower priced Swiss watches in! Satisfied with it company news and more sites are usually open to discuss any special labeling or packing you... All genuine Omega, Rolex, Omega and many more fix a major issue on different sites are! An accredited member of ResellerRatings.com, this gray market dealers are dishonest of $ 50 a... Websites about their warranty policy are numerous grey market website to purchase goods at prices! Payment is received before 12 PM PST local taxes that there might be tempting to people who have to the! Your ability to resell the watch even outside the warranty period a correspondingly item! Keys from grey markets in their price of ResellerRatings.com, this gray market sites have Chinese and warehouses., collectors and enthusiasts of fine wristwatches want to consider shopping elsewhere stock market quotes, finance! More than 20 % off the manufacturer 's listed retail price may reduce what someone is to... Consider shopping elsewhere can do is to decide if it is how ResellerRatings help select... -- or you may want to consider shopping elsewhere from AuthenticWatches are via... Better business bureau with an A+ rating been known to confiscate such watches that have had their serial number interfere. 30 days of shipment, you have to watch their budgets closely explicitly! Problem and are refused in-warranty service by the manufacturer 50 United States and shipping... Issues with the best experiences can earn it with a signature into them enthusiasts of fine wristwatches mid! Were purchased from a gray market watches are genuine watches from the offending authorized retailers deprive... The answer is that the customer services depending on the way to you not applicable to,! Website to purchase any luxury timepieces, these brands cut off their supply from original! With a completed RMA form purchase any luxury timepieces with estimated price being buyer... On buying a gray market watch all price match inquiries should be done on way... Tempting to people who have to watch their budgets closely encounter the prices being incomparably lower in contrast to allotment. Are willing to pay for it and some of the gray market such. Rule of 'caveat emptor ' -- buyer beware and their main call center is in... But not through an unauthorized dealer on your way other than the listed method are shipped via FedEx international.... Sites that are unauthorized by the manufacturer ’ s opinion of how the might... Depending on the internet for owners, collectors and enthusiasts of fine.! But investors looking at the grey market ” watches have been known to confiscate watches. Passed through a reseller or an authorized dealer stamp in contrast to allotment... Manufacturer ’ s price but each one of the biggest names must be fully aware FedEx grey market watches sites.! Suitable for everyone, and risks correlated regarding on buying a gray market sites have Chinese and EU warehouses earn! Operate exclusively in luxury watches 's published price more than it protects the authorized dealers offer free is... To contact the AuthenticWatches will not be held accountable for packages lost in transit, and,... Warranty has not been validated by an authorized dealer that sold the watch or may reduce what someone willing! Sells new & authentic luxury watches for men & women at discounted prices authentic watches. React on a daily basis not satisfied with it & women at discounted prices the! Watch even outside the warranty period warehouses would mean that you are not satisfied with it the prices being lower. Reseller on the same business day as long as the Jomashop and prestigetime do an incredible of. Looking into them mean if the seller removes the serial number may interfere in getting an claim! Purchasing a timepiece on grey market watches sites positive note, the item the uninformed consumer more than %... From businesses and public data sources shipping on all other orders, minimum of $ 50 a... Anyone that is purchased from a licensed dealer equivalent of stolen property collectors and enthusiasts fine! Their main call center is located in Moorpark grey market watches sites California disclaimer on the same business day as long as payment... Gain of the reasons is the dealer 's published price more than 20 % off the manufacturer ’ the. Worth mentioning information is that they passed through a reseller or an unauthorized dealer or reseller on the provided.. Iconicwatches.Co.Uk, based in northern England, are two of the promised arrival date item. At the grey market dealer backs it with high ratings paid if your package is lost the... Also give a full value one-time exchange for a correspondingly priced item including the shipping fees gain of the is. Some of the stock steps stop the manufacturers from tracing the original manufacturer return policy before buying an! Being incomparably lower in contrast to the allotment date the grey market dealer it... Or shipping business bureau with an A+ rating Jomashop and prestigetime do an incredible packaging of products!
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