Ebay Hong Kong watch

[gallahadesquire]

I hope this is an okay place for this post ...

There is a blue linen Rolex Date 1501 on Ebay.
The watch is in Hong Kong. The fellow has fewish reviews,
but they are all positive save one, and he accepts
Paypal, so there is some insurance.

This is my Grail of Rolexes.

Should I go for it?

http://www.ebay.com/itm/Genuine-Role...p2056016.l4276

[MonBK]

If he's mailing it to the US then no.

[gallahadesquire]

Originally Posted by MonBK

If he's mailing it to the US then no.

Um ... why "no?" He says "standard shipping".

Please help me on this ... I'm new to international anything.
I have recently purchased two (2) watches through TRF,
and have had excellent experiences!

[MonBK]

Rolex watches are not allowed to be shipped to the US and chances are customs will seize it.

[gallahadesquire]

Originally Posted by MonBK

Rolex watches are not allowed to be shipped to the US and chances are customs will seize it.

I had no idea. Thanks! Any input as to why this particular law exists?

[MonBK]

Originally Posted by gallahadesquire

I had no idea. Thanks! Any input as to why this particular law exists?

Do a forum search and you'll find lots of threads on this subject.

I noticed the seller has great feedbacks but I still wouldn't risk it.

[gallahadesquire]

Originally Posted by MonBK

Do a forum search and you'll find lots of threads on this subject.

I noticed the seller has great feedbacks but I still wouldn't risk it.

I bow to your expertise, as I always expected my patients to bow to mine [former anesthesiologist]

Unfortunately, it's exactly what I'm looking for

I'll keep up the search. I'll also have to ask about Beckertime.

[gallahadesquire]

This seller says he does NOT ship to Germany.

Any input on that?

[Muzz]

[QUOTE=MonBK;5012542]Rolex watches are not allowed to be shipped to the US and chances are customs will seize

[MonBK]

Originally Posted by Muzz

I completely disagree, if you declare it then there is no problem what so ever!!

Disagree all you want but you're wrong.

[samsam]

[QUOTE=Muzz;5012745]

Originally Posted by MonBK

Rolex watches are not allowed to be shipped to the US and chances are customs will seize

There is an actual law about this. Read the post in the link above. You can enter the US wearing it and I think you are allowed one piece only. Rolex USA has the right to grant permission to a watch to be cleared from customes, but this is done only through them.

[Starbucksboss]

Protectionism is wrong in every form.
Still...it is what it is as they say too...pity when you are looking for something rare or not available here.

[HogwldFLTR]

Well, one thing about ebay is that it requires the seller to be responsible for delivery. No watch then no payment. Seized by customs get your money back.

[gallahadesquire]

Originally Posted by HogwldFLTR

Well, one thing about ebay is that it requires the seller to be responsible for delivery. No watch then no payment. Seized by customs get your money back.

ANd he accepts paypal. Does all of this make it low risk?

[HogwldFLTR]

Originally Posted by gallahadesquire

ANd he accepts paypal. Does all of this make it low risk?

For me yes; I've bought a number of apparently risky watches on ebay and was always able to get things resolved to my satisfaction. I always use AMEX as a fall back position. If work isn't in the equation then it isn't low risk but if one's willing to do the work to get things resolved then, yes, low risk.

[gallahadesquire]

Originally Posted by HogwldFLTR

For me yes; I've bought a number of apparently risky watches on ebay and was always able to get things resolved to my satisfaction. I always use AMEX as a fall back position. If work isn't in the equation then it isn't low risk but if one's willing to do the work to get things resolved then, yes, low risk.

Thank you!

Can you define "work?" Or is this a thermodynamic construct?

[HogwldFLTR]

Originally Posted by gallahadesquire

Thank you!

Can you define "work?" Or is this a thermodynamic construct?

If you buy on the forum from a trusted seller there is minimal work; no risk and no effort for refund, etc.

If you buy on ebay and things don't go as planned then there is effort to get the refund and do the convincing of those who control the money flow. The emails and phone calls if needed amount to work from my pov.

Damn, thermo is just too far in the past. No heat balance here.

[Starbucksboss]

Originally Posted by HogwldFLTR

Well, one thing about ebay is that it requires the seller to be responsible for delivery. No watch then no payment. Seized by customs get your money back.

Thats interesting...I wonder?

[crowncollection]

Watch looks ok. PayPal if you don't know the seller


Sent from my iPad using Tapatalk

[gallahadesquire]

Originally Posted by crowncollection

Watch looks ok. PayPal if you don't know the seller


Sent from my iPad using Tapatalk

The watch looks great, albeit with multiple scratches on the bracelet. The issue is the dial. Vanishingly rare.

I wish my sister had paid attention to what the cleaning people were doing, when they stole My Precious previously.

[HogwldFLTR]

This seems to be the official story on imports regardless of where they come from.

http://rolexforums.com/showthread.php?t=343143

[samsam]

As previous respected members have eluded, Rolex USA the owner of the trademark in the US with the help of the US customers make it illegal to ship a Rolex from overseas into the US. Customs will seize the watch. It's too much headache (not talking about financial risk).
However, it's possible that you get a Rolex overseas and enter the states wearing it.

I'd contact some of the trusted sellers here, or visit the vintage section for a list of vintage dealers. Good luck!

[ExplorerChris]

No way I'd take the chance

[Floorguy]

Got 1 from hong kong last year with no issue. Package was marked bithday present! Don't know if that ment anything, but had no prob!

[Ck8]

Originally Posted by gallahadesquire

I hope this is an okay place for this post ...

There is a blue linen Rolex Date 1501 on Ebay.
The watch is in Hong Kong. The fellow has fewish reviews,
but they are all positive save one, and he accepts
Paypal, so there is some insurance.

This is my Grail of Rolexes.

Should I go for it?

http://www.ebay.com/itm/Genuine-Role...p2056016.l4276

One question you need to ask yourself is why the seller wants to sell on Ebay?
Hong Kong is mega capital for Rolex, and there is a instant market for all prices and conditions. So Why would the seller want to pay the 10% Ebay commission, 3% paypal when he can do a face to face transaction in HK?

[powerfunk]

That is a stunning dial. I love OP Dates and that's one of the sexiest ones I've ever seen! The oval-link Jubilee is a nice bonus.

Originally Posted by Ck8

why the seller wants to sell on Ebay?
Hong Kong is mega capital for Rolex

Well, since it's the mega capital of Rolex, it's an incredibly competitive environment to sell in. Why wouldn't he sell on eBay?

[Ck8]

Originally Posted by powerfunk

That is a stunning dial. I love OP Dates and that's one of the sexiest ones I've ever seen! The oval-link Jubilee is a nice bonus.



Well, since it's the mega capital of Rolex, it's an incredibly competitive environment to sell in. Why wouldn't he sell on eBay?

If the watch is a good genuine item, would you sell it on Ebay with their 10% commission, Paypals 3% commission and the risk of lost in postage? HK has a market for Rolex, any Tom Dick and Harry has one, so why would you sell it on Ebay?

[powerfunk]

Originally Posted by Ck8

If the watch is a good genuine item, would you sell it on Ebay with their 10% commission, Paypals 3% commission and the risk of lost in postage? HK has a market for Rolex, any Tom Dick and Harry has one, so why would you sell it on Ebay?

HK has a huge supply of used Rolexes, even though the demand is also high. If you want a large potential customer base and a quick sale, eBay ís a solid option.

I don't think the OP would've found this watch on an independent HK watch seller's site. More potential customers = higher price. 10+% can be worth it easily.

[ndsleep612]

Originally Posted by Ck8

If the watch is a good genuine item, would you sell it on Ebay with their 10% commission, Paypals 3% commission and the risk of lost in postage? HK has a market for Rolex, any Tom Dick and Harry has one, so why would you sell it on Ebay?

The watch market in Hong Kong is one of the biggest in the world. With the amount of trade and capital going in and out of the city, everyone wants the latest and greatest. It's the same case with watches. People buy a new model then trade it for next year's "upgraded" model, etc. Thus there is a surplus of "used" and "preowned" watches. If I was a watch dealer, I'd try to move the "used" inventory to get liquidity for new inventory.

[Ck8]

Originally Posted by ndsleep612

The watch market in Hong Kong is one of the biggest in the world. With the amount of trade and capital going in and out of the city, everyone wants the latest and greatest. It's the same case with watches. People buy a new model then trade it for next year's "upgraded" model, etc. Thus there is a surplus of "used" and "preowned" watches. If I was a watch dealer, I'd try to move the "used" inventory to get liquidity for new inventory.

The mega rich mainland and HK Chinese may change and upgrade but there are many young HK people who cannot afford a new Rolex and would buy second hand just to get on to the luxury market and be in the in crowd. Unlike the UK and many other countries where most people are not into watches and would think twice before buying a second hand Rolex as they cannot justify spending thousands on a time piece. In my opinion the market for second hand Rolex would be much greater in HK than sell on Ebay. The only reason for someone to sell on Ebay is to remain anomalous and with a feedback of 95%, steer clear.