Selling a watch to US relative/buyer import duty etc…

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I have an uncle in the USA who would like to buy a Rolex from me, I will visit over Xmas and can bring it with me, i do not want to fall foul of customs duty etc…. When I enter the USA (Florida) from the Uk, has anybody done this recently and how do I work out the costs etc…. Can I just go to the red declare line when I arrive and bring my Uk receipt with me? Your help would be appreciated
 
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I have an uncle in the USA who would like to buy a Rolex from me, I will visit over Xmas and can bring it with me, i do not want to fall foul of customs duty etc…. When I enter the USA (Florida) from the Uk, has anybody done this recently and how do I work out the costs etc…. Can I just go to the red declare line when I arrive and bring my Uk receipt with me? Your help would be appreciated
Surely there is no sale at the moment as he hasn’t seen the watch. Why don’t you take it with you and even wear it over.
Have the face to face discussion and if a friend asks to buy your watch do the deal there and then.
I don’t think you’d be stopped or searched travelling with two or three watches in your possession.

He doesn’t need box and papers the minute he possibly buys it. You can post them on your return.
 
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So outside the square this one. Would have to check US customs website.
 
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US customs website very hard to navigate, and official line is anyone entering the us wearing a high value watch must declare it, whilst I’m sure the chances of being stopped are slim I just don’t want to take the risk
 
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The key phrase is that non-citizens have to declare the value of any goods they are bringing into the United States that will remain in the United States.

if you are entering the US with a watch that is your own and that you will leave with, you don’t need to declare it.

if you are entering the US with a watch you intend to sell, then you should declare it and pay customs.

of course, this is what US law says you should do. What you choose to do is up to you.

one other thing to be aware of is that Rolex USA has vigorously sued on trademark grounds over the years enough that US customs interprets the code to mean that if you are bringing more than one Rolex into the US, the second is automatically considered merchandise for sell AND you have to have permission from the trademark owner (Rolex USA) to do so. If you don’t have Sid permission, the watch can be seized and turned over to Rolex.

here’s a copy of that actual ruling:

https://www.customsmobile.com/rulings/docview?doc_id=HQ+H071620

so, if you are going to bring it over, I would not have any other Rolex in my possession, just to be safe.
 
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The key phrase is that non-citizens have to declare the value of any goods they are bringing into the United States that will remain in the United States.

if you are entering the US with a watch that is your own and that you will leave with, you don’t need to declare it.

if you are entering the US with a watch you intend to sell, then you should declare it and pay customs.

of course, this is what US law says you should do. What you choose to do is up to you.

one other thing to be aware of is that Rolex USA has vigorously sued on trademark grounds over the years enough that US customs interprets the code to mean that if you are bringing more than one Rolex into the US, the second is automatically considered merchandise for sell AND you have to have permission from the trademark owner (Rolex USA) to do so. If you don’t have Sid permission, the watch can be seized and turned over to Rolex.

here’s a copy of that actual ruling:

https://www.customsmobile.com/rulings/docview?doc_id=HQ+H071620

so, if you are going to bring it over, I would not have any other Rolex in my possession, just to be safe.


This has changed since 2009 I think…
 
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I understand I will have to pay the tax, it’s just that it’s not easy to find how much I have to pay and can I do it as I land in the US, I think the hs code is 9101.21.10.00




The key phrase is that non-citizens have to declare the value of any goods they are bringing into the United States that will remain in the United States.

if you are entering the US with a watch that is your own and that you will leave with, you don’t need to declare it.

if you are entering the US with a watch you intend to sell, then you should declare it and pay customs.

of course, this is what US law says you should do. What you choose to do is up to you.

one other thing to be aware of is that Rolex USA has vigorously sued on trademark grounds over the years enough that US customs interprets the code to mean that if you are bringing more than one Rolex into the US, the second is automatically considered merchandise for sell AND you have to have permission from the trademark owner (Rolex USA) to do so. If you don’t have Sid permission, the watch can be seized and turned over to Rolex.

here’s a copy of that actual ruling:

https://www.customsmobile.com/rulings/docview?doc_id=HQ+H071620

so, if you are going to bring it over, I would not have any other Rolex in my possession, just to be safe.
 
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It's difficult to calculate the US customs duty on watches, but I also don't understand why you need to do so. They will calculate it for you. You may want to be prepared to break down the value of the watch into case/movement/bracelet components, since that information is used to calculate the duty.
 
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US Customs doesn't want to fool around figuring tax on your used Rolex, they really don't. When you hit the US the watch's sale is not guaranteed. Wear it in and forget about it.
 
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U.S. Customs uses a watch information worksheet to value a watch for duty purposes.

The main components are:

- Strap or bracelet, platinum, gold, stainless steel, leather, (bovine, alligator, etc.), etc.
- Movement, number of jewels; whether manual or automatic, electronic, etc.
- Case material, stainless steel, gold, etc.
- Battery, if battery operated

I have not calculated values myself, but the duty rate on bracelets is generally higher than on other components.

Movements were or are flat-rated at a relatively low rate.

When most of the value is in the movement and the movement is a 17 jewel manual movement, for example, the overall duty will be quite low.

Most shippers will not provide a watch information worksheet. Customs will rely on either the exporter or the importer to provide the information.
 
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US Customs doesn't want to fool around figuring tax on your used Rolex, they really don't. When you hit the US the watch's sale is not guaranteed. Wear it in and forget about it.

agree. I think OP is overthinking.
 
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US Customs doesn't want to fool around figuring tax on your used Rolex, they really don't. When you hit the US the watch's sale is not guaranteed. Wear it in and forget about it.
This is the practical answer. However, it does not meet the letter of the law, which has been laid out for you above.

Do what you need to sleep easier at night.
gatorcpa
 
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Just beware that US customs does not accept credit cards (or at least didn’t as of 3 years ago). You will need either cash or a check to pay the tax.
 
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I did this recently. If the watch is staying back in the US and above $800 you will need to declare it in customs. I declared the watch and self declared the value when they ask you (no receipt). They told me the custom charges are 3% of the value above 800$. Usually if you self declare they will let you go without any charges. Happened to me twice for watches worth 4000$ once and 8500$ next. They told me to happy holidays and told me to go ahead. This is in Newark airport and the only Pai was waiting for 15 mins or so for them to be available.
 
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Just beware that US customs does not accept credit cards (or at least didn’t as of 3 years ago). You will need either cash or a check to pay the tax.
They take credit cards now. Atleast 2 years before.
 
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@hotwheels - I recently imported a Laco from the factory. It was all broken down (case/movement/strap/etc) and on $1400 the duty was $36. I was billed by FedEx.

Frankly, bringing in a used Rolex to perhaps sell to a family member is something I would give exactly zero thought to. Wear it in. If something happens where while you’re here you decide to sell it, sell it. Ship the box & papers from home later. You’re way overthinking this. Customs has neither the time, the energy, or the inclination to interrogate every international traveler about their wristwatches. If you’re traveling with two Pateks, a Rolex, and a VC, all of which you have the boxes & papers for, you might have a problem.
Take a deep breath and come visit your family.
 
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@hotwheels - I recently imported a Laco from the factory. It was all broken down (case/movement/strap/etc) and on $1400 the duty was $36. I was billed by FedEx.

Frankly, bringing in a used Rolex to perhaps sell to a family member is something I would give exactly zero thought to. Wear it in. If something happens where while you’re here you decide to sell it, sell it. Ship the box & papers from home later. You’re way overthinking this. Customs has neither the time, the energy, or the inclination to interrogate every international traveler about their wristwatches. If you’re traveling with two Pateks, a Rolex, and a VC, all of which you have the boxes & papers for, you might have a problem.
Take a deep breath and come visit your family.
Exactly right. My sister-in-law used to be a Customs agent at JFK airport and their main focus was cash and drugs. They had one young agent who was in the habit of going after people who looked like they had a shiny, new watch on their wrist. They kept telling her to quit wasting time on somebody's new watch, it wasn't worth their effort and they had bigger fish to fry. If you come into the cruise ports in Florida now you don't fill out any customs declaration, and there aren't any customs agents readily available if you did want to declare something. You go through Immigration and Passport control and that's it. Perhaps they have plain clothes agents singling out people in line, but they aren't looking for watches and jewelry, they are looking for cash and drugs and other contraband. The Caribbean is one of the world's largest markets for upscale watches and jewelry, much of it coming into the US through the ports in Miami and Fort Lauderdale via returning cruise passengers, if US Customs was really interested in enforcing import duties that would be a prime place to set up shop. The law says one thing, common sense says something else.
 
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Thanks for all your help, I was overthinking it!!!! I just wore it as it’s my property and left it out there, no problems whatsoever!
 
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Thanks for all your help, I was overthinking it!!!! I just wore it as it’s my property and forgot where I last put it so went back without it, whatever!
FIFY.😗