Yes, we're all nuts and spend way too much on watches. But is there a point at which there is risk of things like audit for selling watches? I don't sell many. Sold two last year, may sell one or two this year.. but some of them are over the magical $10K mark. Does receiving amounts of this size 'put you on a list'? Does this need to be declared as income or anything? I've certainly spent a lot, but haven't received as much and I'm curious.. (and I'm in Canada if that makes a difference) Any feedback or experiences to share? Thanks!