i dont believe this price

[Thani]

guys check out the price on this GV

http://cgi.ebay.com/ROLEX-MILGAUSS-B...QQcmdZViewItem

[mailman]

Talk about sticker shock

[Mrdi]

Scam artiste

[mfsmith]

13 offers?!?!?!

[Welshwatchman]

I do believe the King has got no clothes on.

[crimscrem]

But it's from Beverly Hills!?!? That alone is worth $13,000.

[watchboy]

I do not think it is a scam artist. First he is registered in ebay since Feb 2003. He stated his name, phone and mailing address and he has a store front:



His items listed in ebay are mostly not cheap items. And if he is a scammer, why should he put his store front address on ebay?

So why he listed the Milgauss GV at $20,000 OBRO? Well he hopes to get a BIG fish who is willing to spend $20k for a Milgauss GV without being on a wait list from an AD. I reckon if anyone offers him near $20k say $18-19k, he might just accept it and still make profit.

JMO.

[bills]

He looks like Vito Corleone!

[frostie]

20000$ way too much

[sphereman]

i really wonder how these gray dealers get their hands on these rare watches in the first place??? i am sure they buy from ADs but why would ADS ever sell to gray dealers in the first place? maybe they hide their identity as a gray dealer and pretend to be a big-time rolex client?

i really hate the fact that all the rare watches such as this one ans Daytonas are getting snapped up by these gray dealers more often than the end users.

[Terry Newton]

Oh My God! He does look like Vito Corleone.

You buya my watcha or Iuh breaka you face, then Iuh gonna breaka you legs..

Terry Newton

[Welshwatchman]

If they had produced enough of them, $6,000.

Can't get the glass tint quite right, $15-20k.

$9k of bullshit, right there.

I just never get it.

[f16570]

Originally Posted by sphereman

i really wonder how these gray dealers get their hands on these rare watches in the first place??? i am sure they buy from ADs but why would ADS ever sell to gray dealers in the first place? maybe they hide their identity as a gray dealer and pretend to be a big-time rolex client?

i really hate the fact that all the rare watches such as this one ans Daytonas are getting snapped up by these gray dealers more often than the end users.

Hate to break it to you my friend , but it is all down to the grey dealer paying the AD a bung. The AD knows he can sell at MRSP, but the grey dealer can get more so all the AD does is sell it to the grey boy and they split the proceeds. AD still makes his usual margin from Rolex plus a backhander from the grey dealer. Nice little earner for all concerned.

[pilapandet]

I would never buy it on MSRP. Do you think I will buy that price?

[scottschoe]

It only takes one sucker...

[watchboy]

It is like the current DAYTONA SS black dial now. The market now for a SS Daytona black dial is more expensive than a TT! Why? TT has 18K solid gold on it and SS is just stainless steel! The retailed price of the SS Daytona is about $7950 or so, but no stock in all AD. And even if you can find one, you will not get that price. Cos the market now is around $11k-12k for a BNIB SS Daytona.

But still people are buying. Why?

In this world of consumers, it is very simple in layman's term:

1. You like it, can afford it, you buy it, whether the price is realistic or not.

2. You like it, can afford it, you do not want to buy it cos the price is not realistic.

3. You like it, cannot afford it, but save to buy it at market price.

4. You like it, cannot afford it, so pass it.

5. You don't like it, but can afford it, hence didn't buy it.

6. You don't like it, cannot afford it, say bad things about it and go home and eat sour grapes!



Just my 1+1 cents.

[unclesallie]

Jacky: I get the drift, but I don't like the smell. I mean, really, $20K for a watch that has an MSRP of $6K? Ok, people are free to do with their money what they want, and if some fool wants to spend $20K for that watch, they're free to be a spending fool, but that's just what they are a fool! $20K for a Green Glass Milgauss

best,
dan

[SPACE-DWELLER]

Unbelievable! Well, it takes all sorts of sellers..........and buyers, if one really pays so much over MSRP for a watch!

[unclesallie]

hey guys, here's another thought. should i have a friend of mine in that area check out whether that guy even has a store in beverly hills?
best, dan

[arttay10]

Originally Posted by f16570

Hate to break it to you my friend , but it is all down to the grey dealer paying the AD a bung. The AD knows he can sell at MRSP, but the grey dealer can get more so all the AD does is sell it to the grey boy and they split the proceeds. AD still makes his usual margin from Rolex plus a backhander from the grey dealer. Nice little earner for all concerned.

I can imagine a little bit of that going on.

Years ago - I used to trade in TY Beanie Babies (don't ask.... but hey there was money in it !)
I used to do the same with Authorised Dealers - it was the 'unspoken norm'

[arttay10]

Originally Posted by unclesallie

hey guys, here's another thought. should i have a friend of mine in that area check out whether that guy even has a store in beverly hills?
best, dan

Would a Rolex purchased in Beverley Hills add any additional face value

[sharif]

for the past several weeks, there were roughly a dozen or more Milgauss for sale...now there are two. Hmmmmm.......I see prices going up up up!!

[BLSampson]

This is capitalism at its' best. Per Adam Smith, with free entry into the market, the market will determine the price. (my economics may be a little rusty so forgive me)

[GoldenBear]

1- There are plenty of people (especially in L.A. & Beverly Hills) with tons of money that will spend $20K on the watch they want. Especially if it is hard to get and makes them stand out. Ever see the HBO show "Entourage"? Stuff like that goes on all the time. It's no big deal.
2- Since an AD can't (or isn't supposed to) mark-up a watch to a regular customer, I am sure there is a quid pro quo among Grey Market dealers. Splitting the profit and/or a GM dealer giving the AD something in return...Courtside Laker tickets, sure, not a problem.

Right or wrong, that is the way most business works.

[ttannert]

To each their own. However, that is way overpriced.