Interested in this, too.

 

Grey market has to be shops like Dana mentioned. Bernard watch. Wingates watches as well. Lots of used watches but unauthorized firms. Typical savings is there. They even have new in the box but ended up with the watches after possibly Ad's or manufactures wanted them out of the door.

European watch in Boston always has some good stuff as well. I have never traded a watch in but they must not give much to sit on some of these pieces for ever.

Lots of PP's for example on the market with only really a handful of AD's that carry them

 

To me the grey market goes like this...
I am a dealer that "must" sell at list price, I find me a person who will sell "in box" "brand new" for me to split the up side...

 

Probably the dealers I mentioned do that Gray. European and Wingates have a ton of brand new in the box with papers watches.

 

Yeah, there is definitely a kickback happening there.

 

all of this is so

 

I thought that the "Gray" Market was in Bahrain.

Don't you sell Ferraris at cost over their Hani??

 

^Look up 3-4 posts... Ok, back on topic.

Lum-Tec is a great brand, and I really love both of these. The M-automatics are awesome watches, and fairly cheap if you can find them. Plus I have both of them but the M17 is already sold and the M16 will be up for sale again soon.

Lum-Tec M16


Lum-Tec M17

 

Anytime you can get a CSOC mechanical movement for under $2,000 you have made a good buy.

When I first started collecting watches I went after the precious metals and bling.

After studying the art of watches, I realized that 90% of a watch's value is in the movement and various complications.

Obviously, if you can match precious metal and a fine movement then you have the best of both worlds.

That Lum-Tec is a perfect example of a great watch at an affordable price. I love it.

 

Thanks Dana. I love both of these watches. I might just say f*ck it and keep them both, so I will have at least a couple of watches...