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Is it typical to refer to legitimate third-party sale of goods as "gray-market?" If I buy a used pair of Nikes from the person that owned them, or a third-party consignment organization, or Nike themselves, they're still the same pair of Nikes and their legitimacy doesn't change one way or the other. Gray-market to me implies you can't be 100% sure if they're counterfeit or not.

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I don’t know too much about sneakers, but that is how the nomenclature is used with watches, at least. There, a gray-market purchase is a purchase of a legitimate item from somewhere other than the manufacturer or an authorized retailer. Notably, gray-market goods are sold at a discount but lack the OEM’s warranty.

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