The result will like below
ex: Daytona 1.5w, grey market price 3.3w
The third company sells by 2~2.5w>grey market almost has 20~40% profit.
That can explain why the grey market always has Daytona.
The AD of Asia need to buy 3.6w garbage first, then you will chance to get the Daytona.
AD total will sell 5.1w.
No matter how, AD, grey market, Rolex all is win.
Much in line with capitalism
Besides, Rolex use auctions to let the people feel it is an Investment.
Many blind people will start to buy the Rolex.
Without that, many people's money can't transfer from china
What do you do if you have money can't transfer from China?
Rolex will be a good choose now.
I can buy the 3.6w from AD and use 1.5w to buy Daytona. Daytona profit can cover the lost.
Now my money is clean move out from China.
Rolex is the Foundation and so many rich’s people the money put in the swiss.
It seems reasonable if it exists for other purposes.