Each quarter, swap to another watch from your tier. Every payment adds purchase credit to your Vault, toward any watch the Club sells at cost + 15%.
Steel: $2,500 initiation, then $500 a month. Steel watches average $20,000. Planned founding rates.
Set to your local time, beating at 4 Hz.
You pay an initiation fee to join, then monthly dues, at planned founding rates.
STEP 01 · WEAR
You choose each piece from your tier’s rotation.
An illustrative year. What you wear depends on what is available in your tier.
STEP 02 · CREDIT
Your Vault holds purchase credit toward a watch from the Club.
VAULT CREDIT
| Joined Steel | +$1,250 |
|---|---|
| Month 1 dues, $500 | +$250 |
| Month 2 dues, $500 | +$250 |
| Vault credit after 2 months | $1,750 |
First year on Steel: $1,250 + 12 × $250 = $4,250 of Vault credit.
STEP 03 · KEEP
The price of any watch is what the Club paid for it, plus 15%.
FOR SALE
An average Steel watch
| The Club’s cost | $20,000 |
|---|---|
| Plus 15% | $3,000 |
| Price to a member | $23,000 |
| Your Vault covers | $8,750 · 38% |
|---|---|
| Top-up | $14,250 |
An average Steel watch, and a member 30 months in.
Choose a tier and move through the months to see your Vault credit and the month it covers an average watch from that tier.
Planned founding rates
Showing Steel at month 30. Every tier is in Compare memberships below.
$8,750
Vault credit at month 30 on Steel
38% of $23,000
$14,250 to go · credit alone covers it at month 87
| Half of the $2,500 initiation fee | $1,250 |
|---|---|
| Half of 30 × $500 in dues | $7,500 |
| Vault credit | $8,750 |
Illustration at planned founding rates, using each tier’s average watch value. The cover month is the first month in which Vault credit alone covers the price. Vault credit is purchase credit toward a watch from the Club. What happens to it if you leave will be set out in the final terms.
Each tier has its own rotation. A higher tier means higher dues and more credited to your Vault each year. All prices are planned founding rates and may change before launch.
Watches averaging $20,000
$500/month
$2,500 initiation
Watches averaging $50,000
$1,000/month
$7,500 initiation
Watches averaging $75,000
$2,000/month
$15,000 initiation
Watches averaging $100,000
$3,000/month
$25,000 initiation
| Steel$500/month$500/mo | Gold$1,000/month$1,000/mo | Platinum$2,000/month$2,000/mo | Rare Gem$3,000/month$3,000/mo | |
|---|---|---|---|---|
| Join | Join | Join | Join | |
| Initiation fee | $2,500 | $7,500 | $15,000 | $25,000 |
| Monthly dues | $500 | $1,000 | $2,000 | $3,000 |
| Credited to your Vault when you join | $1,250 | $3,750 | $7,500 | $12,500 |
| Credited to your Vault per year | $3,000 | $6,000 | $12,000 | $18,000 |
| Average watch value | $20,000 | $50,000 | $75,000 | $100,000 |
| Average watch at cost + 15% | $23,000 | $57,500 | $86,250 | $115,000 |
| First month Vault credit alone covers it | 87 | 108 | 79 | 69 |
| Identity and background check | At cost | At cost | At cost | At cost |
Planned founding rates. They may change before launch. The cover month is the first month in which Vault credit alone covers the price.
Every watch is verified by a third-party expert before it reaches your wrist.
Every delivery and swap travels by insured armored courier.
Reserve your next piece from what is available in your tier.
Watchmakers inspect and service the watch at no extra cost.
Half of your initiation fee and half of every month’s dues go to your Vault as purchase credit.
Member pricing on watches for sale, a first look at new arrivals, and invitations to private events.
Charged separately: an identity and background check for every applicant, passed through at cost.
These are concept screens for the planned member app: a Steel member in month 30, with $8,750 of Vault credit.
STEEL · MONTH 30
Good morning.
VAULT CREDIT
$8,750
38% of a Rolex Submariner Date at $23,000
$14,250 to go. Covered in 4 years 9 months at current dues.
NEXT PAYMENT
$500 dues, $250 to your Vault
NOW WEARING
Rolex GMT-Master II
Swap in 23 days
NEXT QUARTER · MONTHS 31 TO 33
Steel rotation
SWAP
In 23 days. Your GMT-Master II goes back and the Cosmograph Daytona comes to you, both by insured armored courier.
WATCHES FOR SALE
Your Vault: $8,750
Member specials Member pricing on fleet sales, early access to new arrivals, and invitations to members-only events.
Prices are illustrative. Watch names identify example references only.
Where a term is not set yet, the answer says so. Final terms will be published before the first members join.
Your Vault holds your purchase credit. Half of your initiation fee and half of every month’s dues are credited to it, and it applies when you buy a watch from the Club at cost + 15%.
Purchase credit toward a watch from the Club. It is not a deposit and not an investment. What happens to it if you leave will be set out in the final terms.
Before each quarter you reserve your next watch in the app, from the pieces available in your tier. The new watch is delivered, and the one you were wearing is returned, by insured armored courier.
The price of any watch is what the Club paid for it, plus 15%. An average Steel watch costs the Club $20,000. Members buy it for $23,000.
Yes. Your Vault credit applies to the price and you top up the difference. A Steel member in month 30 has $8,750 of Vault credit, so an average Steel watch at $23,000 needs a top-up of $14,250.
For an average watch in your tier, at planned founding rates: 87 months on Steel, 108 on Gold, 79 on Platinum and 69 on Rare Gem. The calculator above shows any month.
A third-party expert verifies every watch before it reaches your wrist. Watchmakers inspect and service the watch you are wearing at no extra cost.
Yes. Every applicant completes an identity and background check. Its fee is passed through at cost.
No. They are planned founding rates and may change before launch.
These terms are not final. Cancellation, what happens to your Vault credit if you leave and the locations served will be set out in the final terms, published before the first members join.
Nothing, until founding membership opens. Then we email you. There is no account to create and nothing to pay.
No. The Grail Vault Club is independent. Watch names identify example references only.
Leave your email address and we will write when founding membership opens.