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Rolex in St Thomas advice

Old 04-29-2017, 11:29 AM
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Default Rolex in St Thomas advice

Going to St thomas tomorrow and contemplating the purchase. Any advice or recommendations appreciated.
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Old 04-29-2017, 11:40 AM
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Any particular style?
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Old 04-29-2017, 11:41 AM
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Originally Posted by Pipo6007 View Post
Any particular style?
I like the Submariners and the datejust 36mm
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Old 04-29-2017, 11:50 AM
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Originally Posted by trimnyc View Post
I like the Submariners and the datejust 36mm
Are they cheaper down there?
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Old 04-29-2017, 12:42 PM
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Originally Posted by sgallo View Post
Are they cheaper down there?
Between 20-30% in Caribbean. Bahamas, Aruba and St Thomas are known spots. No tax
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Old 04-29-2017, 12:57 PM
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Default Don't forget the duty!

Duty is about 3 %. ($10,000 watch $300). If you don't declare you might get away with it but Customs sees it on your wrist looking new, they can send you for a secondary exam, find your receipt, box etc. and legally, they can seize it for failure to declare. They won't seize it, but the penalty could be as much as 10 times the duty amount, making it more expensive than buying it here. Not to mention you will have a record for smuggling jewelry. If they ask you and you tell the truth, you will probably just have to pay the normal duty.

Don't ask how I know.
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Old 04-29-2017, 01:00 PM
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Originally Posted by Costa Rica Bound View Post
Duty is about 3 %. ($10,000 watch $300). If you don't declare you might get away with it but Customs sees it on your wrist looking new, they can send you for a secondary exam, find your receipt, box etc. and legally, they can seize it for failure to declare. They won't seize it, but the penalty could be as much as 10 times the duty amount, making it more expensive than buying it here. Not to mention you will have a record for smuggling jewelry. If they ask you and you tell the truth, you will probably just have to pay the normal duty.

Don't ask how I know.
True. St Thomas has the largest duty allowance from the Caribbean since they are US.

Not worried. My budy can bring the box for me. I pay enough taxes here.
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Old 04-29-2017, 01:37 PM
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Originally Posted by trimnyc View Post
True. St Thomas has the largest duty allowance from the Caribbean since they are US.

Not worried. My budy can bring the box for me. I pay enough taxes here.
Just buy one from a well known gray market dealer here in USA. Cheaper than anywhere else and zero hassle. "Davidsw online" is one of the best. Order, pay, and brand new watch with papers, tags, etc arrives on your doorstep the next day.

https://davidsw.com
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Old 04-29-2017, 01:42 PM
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I'd give Freedbaby a shot. Be worth a pm to him.
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Old 04-29-2017, 03:28 PM
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I was just at the Rolex store and they have a sale once a year. It's on May 15th and they are able to give 10% off the two tone watches and 15% off the all gold watches. I know no one finances anything around here but they also have 20 months no interest. Just saying.
Wonder if the stores in the islands can offer the same discount on top of what they already give that day? It would be a no brainer at that point.
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Old 04-29-2017, 03:53 PM
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who wears rolex anymore? I just sold mine to a local jeweler because it was collecting dust. Brietling, Corum, ect are far superior
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Old 04-29-2017, 04:50 PM
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They have a set discount, 10-15%, and no tax.
I have bought a few in the islands, just buy from the authorized dealer.
I think dealer is A.H. Riise
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Old 04-29-2017, 07:10 PM
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Originally Posted by williamwallus View Post
who wears rolex anymore? I just sold mine to a local jeweler because it was collecting dust. Brietling, Corum, ect are far superior
Got any other Rolex you want to sell? I'm always buying. New, old, working, hasn't worked in 30 years, beat to hell, boxes, parts, bracelets, links, whatever. I buy it all.
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Old 04-29-2017, 07:40 PM
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Originally Posted by williamwallus View Post
who wears rolex anymore? I just sold mine to a local jeweler because it was collecting dust. Brietling, Corum, ect are far superior
I do.

And I think the abbreviation is etc.

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Old 04-29-2017, 07:44 PM
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You can always look at what models suit your needs. You may save 15% or so, but any authorized Rolex jeweler can also meet the price if he chooses.

Then come home and shop for those Rolex models locally and online. All the island jewelers also sell Rolex's mail order to the U.S.

My buddy in Dallas was shopping for a stainless and gold Rolex for his wife's Christmas present. He went into a very small jeweler specializing in high line watches. $2 million in watches were on the table--most names he'd never even heard of. Rolex was the guy's "common man" least expensive watch line.
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Old 04-29-2017, 09:20 PM
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The discount will only be a deal on a couple models if they even have it in stock.

Most everything else I can get cheaper.
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Old 04-30-2017, 05:34 AM
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Originally Posted by freedbaby View Post
The discount will only be a deal on a couple models if they even have it in stock.

Most everything else I can get cheaper.
What's the ballpark on Stainless Datejust 36 MIL?

Submariner is in the short list also.

Not a big watch wearer so something the wife can wear is a plus. She has a 26 mil datejust with pink and jubilee band
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Old 04-30-2017, 06:38 AM
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For $30 or so you can buy a "rolex" on the streets.........
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Old 04-30-2017, 07:06 AM
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Originally Posted by williamwallus View Post
who wears rolex anymore? I just sold mine to a local jeweler because it was collecting dust. Brietling, Corum, ect are far superior
Cousin has a Brietling, thing spent more time getting serviced than worn. Nice looking watch though. He ended up selling it I believe.

I have a submariner which was a gift. Toned it down with a canvas strap. Wear it 24 hrs a day for 10 years. Full serviced once a year ago.

I had no idea of these huge Caribbean discounts!!
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Old 04-30-2017, 07:08 AM
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Your phone keeps better time
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