The best smartwatch money can buy right now if you own an Android phone is the Galaxy Watch 3 from Samsung. Although gray market sites provide free shipping to the USA, they are out of paying any import duty charged by the US Customs when sending goods from their warehouses. 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. It is how ResellerRatings help you select the best stores for your online shopping. I know the ones for usa but I don't know which grey market dealers are good in UK. 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. We also specialize in … You can also finalize the deal with the private seller, though there is more risk involved. “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. Copyright © 2018 |Luxurious Watch Review. Home • Blog • Resources • Contact • Advertise, Privacy Policy & Affiliate Disclosure • Terms & Conditions, Copyright © 2020 The Modest Man (Registered Trademark). Reply. Hence, being a buyer, you must be fully aware. Free shipping is not applicable to exchanges, refunds, repairs or exchanges. There are tons of watches of all types on Amazon. Some might be located in physical locations, often in the “sketchy malls” of Japan, Hong Kong, or most notably for North American buyers, Costco is also a gray market dealer. 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. There is no indirect delivery since the courier will not leave the package if a door tag is left with a signature. If that’s the case, buy the watch from a reputable gray market dealer that does offer some type of warranty on their pieces. The benefit of buying a watch from Amazon is the incredible customer service. Gray market sites are usually open to discuss any special labeling or packing instructions you may have. Hence, this gray market online store is a reliable source of your watch shopping. Because gray market dealers aren’t bound by pricing policy rules from brands, they can discount a lot. Mike in Houston. The BBB rating is based on information that BBB can get about the business, including complaints taken from the public. You can usually tell if a watch is being sold grey market; authorized dealers are not allowed to advertise watches at a major discount. This also leads to some of the risks involved in watch shopping on eBay. All returned items should be shipped to them via USPS REGISTERED MAIL along with a completed RMA form. You will not be breaking the law if you buy grey market goods, according to Jim McDonnell, a senior associate from lawyers DLA Piper. You can even enter into a payment plan with Theo and Harris if you’d like, making it an attractive option for newer collectors looking for their first vintage piece. Gray market watches are authentic watches from the original manufacturer. The common sentiment among many watch buyers is that gray market dealers have two main benefits. This way you’re not hung out to try if something should go wrong. Ever. That is if you know where to shop. Gray market watches will not be defective. So the watch market is a bit of a weird one behind the usual manufacturers selling to authorized dealers, we have this sub market of Indy’s and grey market dealers. Items should be returned unaltered, unworn, in their original, unused status, in their original boxes and with all paperwork including the warranties, accessories, and parts to ensure any credit. After purchase, Watchbox covers its watches for up to two years with its Global Warranty. Also, they will not be responsible for any packages sent via UPS or FedEx or any other means other than the listed method. Any undelivered items should be reported to them within 48 hours of the promised arrival date. Your email address will not be published. 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. You are encouraged to contact the AuthenticWatches if the ordered package doesn’t arrive on the provided date. Shipping to some other countries is available, but each one of them has different import rules and regulations. However, watches from these stores tend to cost less than from a full-service shop. Bespoke vs. Made-to-Measure vs. Off the Rack: What’s the Difference? If there are scratches, if it’s damaged, or the deal doesn’t include the box, you need to know and pay accordingly. Otherwise, the item page will show an estimated lead time for the product availability or shipping. Gray market watches are authentic watches from the original manufacturer. An unauthorised dealer will specially order the watch for you on the grey market so you won’t qualify for a refund from them if you change your mind. It’s because you purchased it outside of its intended distribution chain. As I’ve mentioned, most of them provide an incredible packaging and perform a checkup before sending out to dodge the potential dramas of returns. As a gray market retailer, they offer incredible prices on some very expensive wristwatches. It’s crucial to do some homework, know what you want, and make an informed purchase. Also, AuthenticWatches is an accredited member of BBB.com or better business bureau with an A+ rating. Likewise, Jomashop is a grey market watch seller, which makes it a totally legitimate business. Other watch terms – if you’re interested in watch characteristics, like dials and internal mechanisms, see this good article from Gear Patrol: 50 Terms Every Watch-Lover Needs to Know. Never miss a post, plus grab this free guide (instant download). The downside is that you’ll void the warranty if you take your watch anywhere else for service within the two-year time frame. Furthermore, the company will also give a full value one-time exchange for a correspondingly priced item including the shipping fees. If you’re a budding enthusiast, there are few shops better suited for watch shopping. If you’re looking to save a little money (or a lot, in some cases), Jomashop is a great first stop on your watch-shopping journey. It resembles that gray market timepieces are not unlawful to buy, sell or own. Great questions Gerald. If you hang around enough, a few of them get mentioned a lot on the watch forums. You can get an immediate shipping from AuthenticWatches to all of their “IN STOCK” items indicated on their item page and item description. It’s all about knowing what you’re looking for and what you’re looking at. You’ll have to find a repair shop or pay out of pocket to send it to the manufacturer if you cause the damage. If there is no toggle switch and its default currency is in US dollars, you can do the calculation of the approximate cost using the built-in converter of Google. That means you’ll get an excellent price on a 100% guaranteed authentic timepiece. Consider that a watch company that was once used to demanding $5,000 for a watch in a retail environment is now seeing their watches sold for $3,000 on the gray market. 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. They own their entire inventory as well, which allows them to give each piece the service it deserves, bring them back up to snuff. “From a brand perspective, as long as you’re genuinely importing as a consumer you are not doing anything illegal,” he says. If you’re an enthusiast, you’ve undoubtedly seen some of the social content from Mark, the owner of Long Island Watch. If you buy a watch from the Bob’s Watches online shop, you can reach out to them with any concerns and sort things out. Frustration is just around the corner where you might end up wondering if it is the best price offered. Friends, colleagues, and clients have posed many questions about the grey market for fine timepieces over the years. It remains in the account until you have the watch in your hands and approve of the transaction. r/Watches: A subreddit for discussion of wrist watches and pocket watches. Required fields are marked *. When making the decision to buy a luxury watch, it is important to know the difference between an “authorized dealer” over the “grey market dealer,” and the impact the grey market has on price, warranty and the resale value of the watch purchased. All of the watches in The Time Teller Shop are “T3 Certified.” That means they’re hand-selected by Jory, and then inspected and serviced by a certified watchmaker. On purchasing goods that are in these warehouses would mean that you don’t have to pay for Customs charges. Jomashop.com is your source for luxury watches, pens, handbags, and crystal. In fact, gray market watches are designated to the customer through unusual means. Inventory can then narrow down further by price, size, and even material. John Keil says: January 25, 2017 at 1:48 pm . The online store carries both pre-owned and new watches, and they’re often listed for less than half of the suggested retail price. Chrono24 doesn’t directly sell, certify, or warranty any of the watches listed on the site, but they do protect buyers from getting taken advantage of. The inventory fluctuates constantly, but you can find some excellent deals on some very fun pieces. Jomashop is the premier gray market dealer and sells watches at incredible prices. This Florida-based dealer has an online shop full of new and pre-owned luxury watches that most enthusiasts will drool over. They also got a certificate from Manufacturing Jewelers & Suppliers of America (MJSA) which is known as a world class trade association dedicated to professional excellence in jewelry making and design. However, the markup is undeniably evident. |All rights reserved. All price match inquiries should be done before placing an order. However, they acknowledge that they aren’t an authorized dealer for any of the pieces they sell. 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. To draw a comparison you have the same setup in the car industry. If authorised dealers are happy to sell watches to grey market dealers for 10% above their cost price, why are they not offering the same deal to their “regular” customers? One of the best places to buy a watch online is also one of the best places to buy anything online. Dealers have to pay before they even know which watches they will receive. Some of the watches in their inventory are still under manufacturer warranty, but for those that aren’t, Crown and Caliber covers them against mechanical and workmanship defects for up to one year. Also, you can confirm by any reputable watch dealer in your local area once you have received the item. Whether you’re looking for entry-level, luxury, or vintage watches, you’ll be able to find it and sleep easy knowing you made a solid deal. Otherwise, leave it and find somewhere else. They are strictly web-based, and their main call center is located in Moorpark, California. For international orders under $500, a $25 will be charged for standard international shipping via FedEx. At that point, The Time Teller Shop T3 Certified warranty covers the timepiece for up to one year. Buy watches, jewellery, accessories on the Watches of Mayfair online shop, a trusted supplier of luxury brands in London, UK. Since Jomashop isn’t an authorized dealer, they try to reduce the risk involved in buying an expensive timepiece on the gray market. You can even search by reference number if you know what you’re looking for. 3 of my watches were purchased from 2 grey market dealers. It will also provide some insight into what to look for to make sure you’re getting exactly the deal you’re expecting to, whether it be from a dealer or a private seller. While Bob’s does have a physical location, the majority of their sales are through the company’s website. These are a few online watch sources that you can trust. One luxury brand, Frederique Constant, has even gone so far as to work directly with the website, selling their own product at the original, full list price. Tax free for Non-EU customers. What you can do is to decide if it is the price that you are willing to pay. Note that there are legitimate cases where an authorized dealer may give you more than 20% off current list price on a fine watch. Most recently, my post A Cautionary Tale on Buying New Watches Online was met with quite a few comments, quite possibly leaving more questions than answers.. How Are Gray Market Watches Heavily Discounted ? On top of that, manufacturers will warranty watches purchased from certified dealers selling through Amazon’s marketplace. The owner, Jory Goodman, runs “The Time Teller” YouTube channel, through which his personality, opinions, and passion for watches really shine. Luxury Watch Brands Create the Grey Market. They also carry fashion watches from brands like Gucci, Michael Kors, Burberry, should those be your taste. While they have an outstanding selection of Rolexes, you can also find watches from Patek, Panerai, Grand Seiko, as well as some entry-level timepieces. Be keenly aware that if Customs inspect your package, expect a much longer delay. FedEx and UPS do not guarantee watches. Bids tend to jump by a large margin in the last hours of the auction, however. International orders from AuthenticWatches are shipped via FedEx International Economy. 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. What to Consider When Buying From Online Watch Stores, Jomashop is the premier gray market dealer, 17 of the Best Men’s Watches on Amazon (2020 Guide), 7 of the Best Dive Watches for Small Wrists, The 10 Best Fall Shoes for Men (2020 Guide). This can lead to problems when trying to clear their inventory of unsold, unpopular or obsolete timepieces. Crown and Caliber’s website is very easy to navigate, dividing their inventory into practical categories. Otherwise, they can’t do a price match once the order is placed. These are not illegal activities. Save my name, email, and website in this browser for the next time I comment. They all provide a guarantee of some sort, whether it’s a manufacturer warranty or an in-house guarantee. Required fields are marked *. A piece of advice from AuthenticWatches is if you submit your watch for verification to a local dealer, it is best to inform the dealer that you received the watch as a gift. Each watch comes with documentation ensuring that you’re purchasing an authentic piece, and they’re also covered by a one year warranty. Nevertheless, it is important that you check the site’s return policy before buying. However, he warns that in some cases there could be a trademark infringement, in which case the seller would be in trouble and you could also lose out. If you’re in the sub $3000 market, check out Long Island Watch’s online shop. “As the consumer you mi… If it’s a specific Rolex you’re after, Bob’s Watches probably has it. These dealers have huge stock of high end watches. Some of which will come at an excellent price. Whether you’re a casual watch collector or a serious horological enthusiast, you probably spend a lot of your time searching for your next watch online. 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. The gray market is not illegal at all. DARKER SHADES Our examples so far have assumed a completely legal approach to trading watches on the grey market, but it’s worth noting that there is a shadier side. AuthenticWatches offer a free overnight shipping within the 50 United States and international shipping on all orders above $500. The new “street price” of that product becomes the de facto price consumers are now willing to spend. 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. Some of the gray market sites offer insurance if your package is lost or the like. Always purchase your luxury timepiece at that particular AD. 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. Authenticity applies to not only the watch, but also the deal you’re entering into. For ages, I’ve been discussing Swiss watch companies in manufacturing lavish and high-quality timepieces with mid to high-range of luxury prices. There is some risk involved when you shop for a watch online, and that risk can scare some guys away from making a move on a unique piece. While the saying about a deal that seems too good to be true holds water, there are great deals to be had online. 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. Furthermore, your information details are secured with AuthenticWatches. Prices range (depending on inventory) from a few hundred dollars to more than $60,000. Accessories Filed Under:amazon, Jomashop, online watch stores, watches leave a comment. There are a lot of bad deals online. Now, it’s one of the most trusted online retailers for brands like G-SHOCK, Montblanc, Oris, and NOMOS Glashütte, among many others. AuthenticWatches claim that their watches are 100% genuine and authentic. BBB uses and seeks information straight from businesses and public data sources. I'd stay away from the "grey market" sellers, and this includes Authentic Watches, WatchMAXX, Jomashop, basically any supposed retailer who's not an authorized Omega dealer. They are not factory seconds or fakes. However, AuthenticWatches does not have a storefront or a show room to visit. There are equally as many bad retailers, with poor customer feedback and knock-off products. This offer only applies to a competing internet site’s regular pricing and does not apply to temporary or promotional pricing and can’t be combined with any other offers, credits, or discounts. Make sure that you check a seller’s ratings and reputation before you purchase. When you find a watch you like from Chrono24, you can choose to buy it through the site’s payment processing system for a secure transaction. If you’re unhappy with your purchase, you can send it back to Amazon for a full refund in most cases. Delray’s service is also top-notch. One of the nice things about WatchMaxx is that they don’t pretend to be something they’re not. You want to be sure it’s a good deal on the watch that you want. Prices range from timepieces of a few hundred dollars to tens of thousands, depending on their inventory. Prices for Brands - Breitling . When it comes to knowledge and service, shopping at Delray Watch is the way to go. Not all online shops offer watch inspection and repair services. However, if you find any watch on another website that is lower than their price, you can give them a call as they give proper price matching. They may be brick and mortar stores with an online presence, a website-based shop, or a dealer selling through auction sites. These warranties are often limited to movements and defects, however. For the widest variety of watches available online, you can’t beat eBay. First and foremost, let us fix a major issue. This list of reputable shops should help you navigate the online watch shopping market. The best part of shopping at Jomashop is the company’s excellent reputation and buying power. There are a few different types of watch stores that you can buy a watch from online. However, your parcel’s chance of getting destroyed during the delivery is very minor, provided the postage charges which have the best interests of everybody. Bob’s is an online luxury pre-owned watch retailer. This has forced some retailers to sell to the grey market. 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. Jomashop’s business model is entirely legal, and they sell authentic watches. All orders that include a California address in either billing or shipping fields will be subject to a 7.25% sales tax. Where Do They Get Their Watches ? Also, they offer free shipping for orders below $500 in the 50 states in U.S.A through FedEx Express Saver. Take into account that there might be a language barrier in dealing with the customer services depending on the site in an inquiry. Within 30 days of shipment, you may return your purchased item if you are not satisfied with it. Best Gray Market Watch Dealer. Buy from one that's been in business a long time that has a good reputation. They are an elite member of ResellerRatings.com, this means that only merchants with the best experiences can earn it with high ratings. It will take all the in stock items to be processed and shipped within 1 to 2 business days. If you buy a watch from Delray, you can be sure they’ll stand behind their product. The warranty is against mechanical issues—any damage inflicted after the sale will be your responsibility to pay for. Hodinkee established itself as a hub of information for the watch collecting world before branching out into online sales. They offer a "warranty," but if you read the forum horror stories about these warranties, it's basically no warranty at all. Their inventory constantly changes, but they carry some of the best vintage watches from companies like Omega, Tudor, Rolex, Zenith, and Panerai. What is the gray market? Gray market sites such as the Jomashop and Prestigetime do an incredible packaging of their products. They include a warranty for every watch they sell, covering the watch from 1 to 5 years, with some exceptions. So your investment is protected if a package is lost. They are not factory seconds or fakes. They provide as much information as possible about each piece, including the era and dimensions, as well as the condition. 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. You can see their entire inventory of racing watches, divers, or military watches with one click. They employ full-time watchmakers with experience working with Vacheron Constantin, Breguet, and other very high-end watch brands. Their watches will be no different from anyone that is purchased from a licensed dealer. The US is a big hub for grey market watches and online platforms like jomashop.com and prestigetime.com have become popular with bargain hunters. A deal is a deal — just know that gray market dealers are one step above heroin pushers. Jomashop. Regardless of the situation, here are some things to think about. From the comfort of your home, you can find all of the specs, pricing, and history of a piece before purchasing it. Between Jory’s very public social media presence and the T3 Certified Warranty, you’ll know that you made a solid deal with a reputable retailer. Thus, the company requires any package being returned to be sent USPS REGISTERED MAIL. Our site features a huge selection of Tag Heuer Watches, Rolex Watches, Breitling Watches, Movado Watches, Cartier, Montblanc, Citizen, and other discount watches. One of the reasons is the products sold in the UK frequently have a substantial markup in their price. There will be a 10% restocking charge on all other orders, minimum of $50 or a full value one-time exchange. The company offers a great selection of not just Rolexes, but also Tudor, Omega, and Breitling watches, among many others. 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. You’ll encounter the prices being incomparably lower in contrast to the UK’s price. Improving this view is that U.S. Customs rejects the import of gray goods with two exemptions. What makes them different is that they passed through a reseller or an unauthorized dealer on your way. 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. It has an excellent protection given the contents.” reviewed by one of the AuthenticWatches verified customers. The AuthenticWatches will not be held accountable for packages lost in transit, and hence, demand packages to be sent insured. WatchMaxx’s inventory does change often. Crown and Caliber also offers a lot of helpful resources like the Unwound Blog, how to videos, and information on watch sizing and the anatomy of a watch. 25 Great Watches For Small Wrists (Updated for 2020), The Complete Guide to Business Casual Style for Men [2020], A Beginner’s Guide to Cutting Your Own Hair at Home. They sell new watches with boxes and papers, and they’re covered under manufacturer warranties. These watch shops are well respected. On a positive note, the gray market eliminates the markup for the UK and other consumers to purchase goods at overseas prices. Here’s the fact: The return policies is the biggest risk that you can experience in buying from a gray market. 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. They’ll also be able to maintain new watches, should you ever need it. But if you’re watching the right auction, you could see some tremendous savings on a treasured timepiece. 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… No spam. Wholesalers like Sam’s Club and BJ’s might carry grey market products. Should you buy a gray market watch? Also, be mindful that some gray market dealers are dishonest. You’ll find a huge selection of watches from watch titans like Blancpain, Hublot, Longines, and Breitling. My last one was the Monaco at a 47% discount and the watch was brand new with serial numbers. A way to rebirth of Seiko’s mechanical watches Vol.2/ 4S movement Oct 15, 2020. Watch collectors can get lost for hours at a time, perusing tons of rare and exotic pieces. One of the owners, Federico Iossa, hosts an incredibly informative YouTube channel called “Federico Talks Watches,” where he not only explains watches and trends but also how the watch industry works. Never miss a post, plus grab this free guide (instant download). Perhaps the biggest grey market reseller is Chrono24, a global market that is so large, luxury brands have started to accept them as an inevitability. For watch shoppers looking for the perfect vintage piece, checking out Theo and Harris is a solid first move. 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. AuthenticWatches will not be held liable for any late package arrivals due to courier delays. Another worth mentioning information is that some gray market sites have Chinese and EU warehouses. Let us take AuthenticWatches as an example. Grey sellers give you ZERO factory warranty. If you’re spending your hard-earned cash on an expensive timepiece from an online retailer, service is an important consideration. Worldwide shipping. Here is a rule of thumb: Never expect to get a next-day delivery from these gray market sites even though the delivery is much faster than your expectation. You probably will get an excellent deal on a luxury Swiss watch, or you probably get a headache that will stay for some weeks. A few unhappy customers is normal, but complaints about fakes or “Frankenwatches” (watches pieced together with spare parts) should be enough to steer you toward another listing. They do offer a 100% guarantee on authenticity, and they warranty their sales for up to two years. If you’re purchasing a gray market watch, chances are the manufacturer won’t recognize the warranty. Please never use any grey market website to purchase any luxury timepieces. It’s always good to have a vintage watch serviced by a certified watchmaker, so look to reputable shops that can explain the service history of a piece. Service is provided through Theo and Harris’ in-house watchmaker so you’ll know where your watch is at all times. Our recommended grey market dealer is Jomashop. The warranty covers issues like manufacturing defects, movement failures, and battery replacements. Purchasing a timepiece on a gray market site or dealer is not suitable for everyone, and some of the risks are very clear. Bob’s Watches takes customer service very seriously. They ship worldwide and provide a 100% money-back guarantee on authenticity. Here’s how it works: A customer goes to one of these gray-market dealers and requests a particular watch. 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