QUOTE(swanlover @ Jan 2 2023, 05:22 PM)
Rumour has it a local reputable reseller sold high-end fakes (Daytonas..etc) to a big group of buyers...victims taking legal action now, u hv any idea who’s that reseller?
As far as I’m concerned, there is only few reputable reseller in Mal..
whoaaaaAs far as I’m concerned, there is only few reputable reseller in Mal..
these sellers must be pre covid ones then, post covid are new players dy
I also wonder what happen to that luxury good scammer in SG and also the other one in JB, both also caught already I think
Jason
yea supply demand, the reason prices are dropping now is due to lesser demand
a lot of greys now are not hoarding stock dy, its moving too slow, a lot are consignment stock
it is not easy to purchase 3 to 5 cold door brands to get one Rolex sport model to make a profit, especially nowadays a lot consumers are playing the AD game as well
a lot grey stocks are from flippers
I have seen a lot ppl regret they had the batman in their hands but didn't buy, then the price went up, then covid happen, keep scolding grey and flipper, waiting for waitlist, never happen, not willing to pay premium, time passed, end of the day even if the price goes below retail due to over supply, they won't buy it either