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I'm disputing my own post now! I bought an 18k/SS Speedmaster (I had gone there to look at Seamasters and spotted this "bargain" in a summer sale) last August from Goldsmiths (authorised dealer) for £835, 50% off list which was £1670. I subsequently found out that it was an ex-repair item and returned it three weeks ago for a full refund (not bad after 6 months wearing it!) As this was a dodgy deal I'm don't think it counts as guide to discounts from authorised dealers
Hopefully this was a one-off incident. Out of interest, Austin Kaye (www.austin-kaye.co.uk) valued it as worth £300-400, so I was glad to return it and very glad I didn't pay the full £1670.
Also a warning for grey market fans that even authorised dealers (Goldsmiths is a reputable UK high street company) aren't 100% reliable.
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