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Old 22 November 2024, 09:06 PM   #1
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Daytona Grey prices UK/Asia

Hi watch enthusiasts,

I’m currently in Bangkok and have noticed grey pricing for Rolex models specifically steel Daytonas are at least 10% cheaper than grey dealers in the UK. Any particular reason for this as I assumed the grey market was universal?

Thanks
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Old 23 November 2024, 03:42 AM   #2
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Because the UK is expensive for everything.
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Old 23 November 2024, 03:47 AM   #3
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Because the UK is expensive for everything.


Yes , 100% agree
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Old 23 November 2024, 01:15 PM   #4
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Yup, the British pound is always so strong against all other currencies and the taxes are higher to the seller’s , I think it’s 30-35%.


Cheers,
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Old 23 November 2024, 03:54 PM   #5
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Rolex secondary market pricing in Bangkok seems to be lower than many other cities around the world at this time. I’m starting to see these watches being sold to overseas buyers since the local market has been pretty slow.
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Old 23 November 2024, 05:12 PM   #6
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The grey market will be priced accordingly wherever you happen to be in the world
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Old 23 November 2024, 09:21 PM   #7
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Quote:
Originally Posted by [email protected] View Post
Hi watch enthusiasts,

I’m currently in Bangkok and have noticed grey pricing for Rolex models specifically steel Daytonas are at least 10% cheaper than grey dealers in the UK. Any particular reason for this as I assumed the grey market was universal?
Bangkok vat is 7%, the UK vat is 20%. This is in itself should led to a 13% price gap :thumbs up:
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Old 23 November 2024, 09:46 PM   #8
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Even going back 10 years the UK has always been a particularly expensive market where watches command a premium. There was a brief window when currency valuations changed that but broadly speaking it’s been more expensive there.
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Old 24 November 2024, 04:16 AM   #9
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Dubai Prices 100k aed for unworn Panda box papers with stickers 2022/23
Dubai Prices 110/115k aed for unworn Panda Box papers 2024
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