Q&A #85 Paying Duties and Taxes on Your Personal Watches When Traveling and Going Through Customs?

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  • เผยแพร่เมื่อ 28 ส.ค. 2024

ความคิดเห็น • 105

  • @karatechop7336
    @karatechop7336 4 ปีที่แล้ว +3

    hi roman
    Q&A tuesday is my favourite. I would like to propose a challenge if you dont mind~ You need to find the perfect 3 watch collection!
    The collection must include the following:
    1 An everyday watch [one that you wear at home, at the store, on diy projects, take camping, and sleep with it on the wrist]
    2 A casual watch [one you wear at dinner with friends or a night out, birthday parties, and any situation where you might meet new people that might take a glance at your wrist]
    3 A formal watch [one you wear at a wedding, christmas, easter and new years eve]
    To make it harder your budget is $10000(or £10000 if you re struggling)
    GOOD LUCK!
    (love your channel btw)

    • @yuseffreeman5288
      @yuseffreeman5288 4 ปีที่แล้ว +1

      karate chop would love to see it without a budget too!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      maybe tuff with that budget but I can try :-)

  • @8Ilikeicecream8
    @8Ilikeicecream8 4 ปีที่แล้ว +2

    Hi Roman, subscribed to your chanel today after following Paul Thorpe's in uk.. loving the content and delivery! Peace and love from uk.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +2

      Hey Asha, happy to hear it, thanks for subscribing and I really hope you enjoy the content. Paul Thorpe is a good guy, also with a lot of watch knowledge. Sending some peace and love from Philly right back to you!

  • @J-SH06
    @J-SH06 4 ปีที่แล้ว

    Always interesting to listen to a man who knows their trade, whether it’s sweeping the street or cutting open peoples hearts . Pay attention and you’ll always learn something. No exception here.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Those are some creative examples Joe but hey, I'll take it. It's true that there's always something to be learned from someone who knows their trade😋

  • @scottd7604
    @scottd7604 4 ปีที่แล้ว +1

    Thanks! for taking the time out of your vacation to provide us with quality content!!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      I love making content for you guys!

  • @stevenp4958
    @stevenp4958 4 ปีที่แล้ว +3

    Roman,
    Seems like yesterday. Almost 25K! I clearly observed back at the very beginning that your hard work and commitment would afford you success. Onward and setting your sights on 50K. Be Well,

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Thanks Steven, seeing the channel growing at this pace is really exciting and also great motivation :) Definitely reaching for 50K next and beyond. 😉

  • @miroslavrnjakovic8850
    @miroslavrnjakovic8850 4 ปีที่แล้ว +4

    This is what any collectors mantra should be:"buy what you like".

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +2

      Nice to know others agree :)

  • @michaelpaulos420
    @michaelpaulos420 ปีที่แล้ว

    I bought my one of my fave's from you! Pester solD it to me. We are. on to the next one now!- you are a great help to your following. Thanks oR sharing with us. BTW- Peter is a BIG hellp to me! .

  • @audemarspiguet2722
    @audemarspiguet2722 4 ปีที่แล้ว +2

    Interesting point you made regarding the retail price trends. The only time I saw a big brand lower their retail price was a couple of years ago with the current model Vacheron Overseas. Although they never made it public (I’m guessing to preserve their brand image) but the price was lowered from c. 21.2k CHF to 20.7k CHF here in Switzerland🇨🇭. This was back when people were ignoring the Overseas completely, however, it might be different now that there’s more interest in this model. Price is still CHF 20.7k.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      yes and often times these small changes are just to let currencies that changed in major markets catch up.

  • @rickdeckard7470
    @rickdeckard7470 4 ปีที่แล้ว +4

    I like Roman honesty "..watches are not an investment, they are an expensive toy."

    • @kittenfan
      @kittenfan 4 ปีที่แล้ว +2

      i agree but those rolex wankers think otherwise.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +2

      Rolex is known to be that occasional "exception to the rule" because the watches usually hold their value really well but you have to know the market to know which is worth the $$$.

    • @birajudoshi3463
      @birajudoshi3463 4 ปีที่แล้ว

      Roman Sharf very true! I learn that every time I buy a watch. You had said in one of the videos that was the most honest statement I have heard from any businessman, that you as a dealer can know how to and make money on watches, we as consumers aren’t as privy to that info (sure can get lucky few times). It goes for any business but that comment helps you realize watches are good hobby and there is a difference in that and a business. Lot of people think of this as a side hustle, make a quick buck but most are bound to get burned in my opinion.

  • @scottlevin1695
    @scottlevin1695 4 ปีที่แล้ว +1

    Roman is probably the sharpest guy in our business. Best part... SELF MADE!!!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Thanks Scott, that's much appreciated.

  • @thewatchenthusiast5729
    @thewatchenthusiast5729 4 ปีที่แล้ว +5

    Hi Roman
    One more interesting Q&A. My question to you is related to the answer you gave about importing watches. As an international traveler do I need to have any paperwork for my own watches that I travel with. I usually like to take 2 or 3 watches with me when I travel including the one on my wrist. Thank you for your answer in advance. John

    • @mikemike0106
      @mikemike0106 4 ปีที่แล้ว +2

      The Watch Enthusiast,
      If you live in europe i suggest you do, customs can ask where they been bought, because of tax reasons.
      If you return from a trip for example and they want to know if you bought it inside europe or outside, you can show where they’re from.
      But again that’s inside europe.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      For US customs no, but see below from @Mike MIKE010
      about Europe they can be a real pain

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      @@mikemike0106 agreed

  • @jerryotrim1901
    @jerryotrim1901 4 ปีที่แล้ว

    I'm not sure why but it makes me feel good when your psyched about your purchases. Plus very informative when you give the financial rundown given the original retail selling price and what your sales price will be.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      We did think the financial rundowns would be helpful for some and it's difficult not to get psyched out over a great watch. I can't help it 😋

  • @cliveb15
    @cliveb15 4 ปีที่แล้ว

    Great show as always. Thanks for taking the time on your vacation to entertain and educate us all, keep up the great work, thanks Clive ( your biggest fan)

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Cliveeee! Thanks for always tuning in and for all of the positive feedback. I appreciate you. As for the vacation, it was awesome but I do enjoy making the videos even when away. It's become such a part of my routine.

  • @geroldatlarge1841
    @geroldatlarge1841 4 ปีที่แล้ว +1

    Roman is on point with his import info.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      It helps to have experience :P

  • @asset_investor
    @asset_investor 4 ปีที่แล้ว +1

    Great Q&A Roman!! And thanks for the add on Facebook!!!!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Thanks William, happy to have you as a fan and a FB friend :)

  • @carswatches864
    @carswatches864 4 ปีที่แล้ว +1

    Informative as always, keep the quality vids coming! Thanks

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Sir, yes, sir lol 😛

    • @carswatches864
      @carswatches864 4 ปีที่แล้ว

      @@RomanSharf Q&A Tuesday
      James Bond, with the release of the latest edition imminent my question/questions to you are as follows.
      Do you like the movies? and your thoughts on Daniel Craig and his Omega Seamaster? Could they have chosen a better and more suitable watch or brand for today, having used Rolex, Pulsar, Seiko, Tag and Breitling in the past?
      Which watch and compulsory gadget would you choose from all 24 films?
      Hopefully a fun question for you to answer!
      Thanks again for sharing your knowledge and time, love the videos.

  • @derekosner7196
    @derekosner7196 4 ปีที่แล้ว +3

    Hey Roman. Watch your Chanel often. Love your content and insight. I am in the market for a pre owned watch. Really looking for the best value. What watches have you seen drop the most $$. Let’s say a 50k watch that’s now trading at 10k or similar. Trying to get the most “bang for my buck” ps. I’m local to your shop would love to stop by sometime.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Derek, we'd be happy to have you, you just have to make an appointment ahead of time. Price aside, I'd like to know a little more about the kind of watch or style you're going for. Can you tell me more?

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      or better yet shoot an email to roman@luxurybazaar.com

    • @derekosner7196
      @derekosner7196 4 ปีที่แล้ว

      Roman Sharf sorry just realized I have to check my inbox for reply’s. Looking at a Hublot spirit of Big Bang, AP royal oak rubberclad with a white face, or really anything else that catches my eye. Just looking for a good watch that I won’t get beat up on later in life if I decide to sell.

  • @nikoladamjanovic
    @nikoladamjanovic 4 ปีที่แล้ว +1

    Speaking of materials...I am curious about differences and sustainability in rose/red gold color between the brands. For instance, I’ve had a Vacheron Toledo in rose gold, bought it 2007 and it lost color fairly quickly, within couple of years, and looked totally yellow gold (main reason why I god rid of it).
    I know that Rolex for instance claim their ever-rose gold stays the same, and that copper inside never oxidize….
    What about other brands like Patek, Breguet, Journe, V.C, AP?
    (Journe and AP look pretty red in color, idk if it stays like that)
    I don’t think this topic was ever covered, but it is important for us to know before buying…
    I am looking at VC traditionnelle with guilloche dial, looks stunning in rose gold, but I’m afraid of it losing the color…

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      I hate to say this but overtime most rose gold watches will loose color

  • @erikg007
    @erikg007 8 หลายเดือนก่อน

    Silver can probably be made to not rust, and gold is not a durable metal, no.. but for people who want a more exclusive material than steel, there is already white gold

  • @The_real_Mr_Ghost
    @The_real_Mr_Ghost 4 ปีที่แล้ว +2

    Great videos as always, what is your opinion on Ap Royal oak chrono 41mm silver dial? value, popularity and can they be a future collectable?

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Love the watch but you know I am biased I love AP, but you cant go wrong with pretty much any Steel RO, blue dial would be the better one.

  • @mvsnforce
    @mvsnforce 4 ปีที่แล้ว +1

    Great video as always.
    Roman, what are your your thoughts on Gagá Milano? I have seen a lot of celebrities like Neymar, mainly in Brazil, using the brand.
    Although I don't like the style of the watches at all, they have great prices.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      its an upscale fashion watch that never did much in the years its been around, most celebrities that wear them most likely got them for free

  • @nickkorr
    @nickkorr 4 ปีที่แล้ว +1

    I love the backdrop! But 90% of the screen was covered by your face ! Great effort though! We stand by you!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Sorry to block the scenic view lol

  • @AbdulRWatches
    @AbdulRWatches 4 ปีที่แล้ว +2

    Thanks, Roman for the always informative Q&A Tuesdays, And I really like the location this time :D I would rather be there than anyplace else :D
    What do you think about the Coronavirus, is it the black swan event that will shake the market currently, especially in the hype pieces? (RM, Rolex, PP Steel)
    Keep up the good work :)

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Already filmed a response to this so stay tuned!

  • @egorpolyanskii-ul8ui
    @egorpolyanskii-ul8ui 10 หลายเดือนก่อน

    What happens when you travel with your watches? You still have to pay customs even if you only visit a month?

  • @seansnowden3153
    @seansnowden3153 4 ปีที่แล้ว +1

    Great video,, have a nice holiday 😎😀

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Thanks Sean, I appreciate that!

  • @kjakan79
    @kjakan79 4 ปีที่แล้ว +1

    Customs broker? Where I live you pay 25%vat on everything you bring home from abroad. You have to show the invoice. If you dont’t have proof of the buying price the customs can set a value.

  • @android61242
    @android61242 4 ปีที่แล้ว +1

    Interesting. Thank you Roman.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Glad you found it interesting, thanks for watching, Bob.

  • @Illinination53
    @Illinination53 4 ปีที่แล้ว +2

    Good stuff big roman

  • @birajudoshi3463
    @birajudoshi3463 4 ปีที่แล้ว +1

    Hi Roman,
    Another great Q&A vlog. Thank you! hope you enjoyed Aruba!
    I have few questions:
    1. Are the double signature dials or case backs with significant well respected brand or royalty still being produced by any manufacturer? Such as Rolex with Oman khanjar crest, Tiffany & Co with Rolex (I understand Patek - Tiffany & Co, dials are still possible and I understand some blogs like Hodinkee have limited editions but I meant more exclusive or important such dual dials or case back engravings). If so, what are your thoughts on them holding value?
    2. What are your thoughts about Valjoux 72 and the hype around it? Are there deals to be had from brands that used that movement but havent garnered much attention (such Enicar lately)
    Thanks,
    Biraju

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Thanks Biraju, Aruba was awesome and I'm glad you enjoyed the video.

  • @Ranghocsing
    @Ranghocsing 4 ปีที่แล้ว +1

    Great video... nice Q&A as always

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Thanks Robinson!

    • @Ranghocsing
      @Ranghocsing 4 ปีที่แล้ว +1

      Roman Sharf your always welcome and love the video you do... if ever have you plans in Manila pls do informed me I would love the meet the man behind the a late crystal ball haha

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      @@Ranghocsing lol you got it!

    • @Ranghocsing
      @Ranghocsing 4 ปีที่แล้ว

      Roman Sharf where can I send you information so we can meet someday...

  • @ahmeddemnati4444
    @ahmeddemnati4444 4 ปีที่แล้ว +1

    Hey Roman,
    I know you’re a big AP fan and I’m looking to buy my first AP. I have to confess I don’t know much about them but as you say “first and foremost buy what you like” and I like the AP. What would you suggest?
    Something that would rival the submariner in terms of material,
    Size and price.
    Thanks.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      shoot me an email to roman@luxurybazaar.com and we will put some options in front of you!

  • @menaseven9093
    @menaseven9093 4 ปีที่แล้ว +1

    Nice vacation in Aruba Roman Shaft.

  • @freakincrazy6932
    @freakincrazy6932 4 ปีที่แล้ว +1

    Another great video. Quick question regarding Asian market. Due to the coronavirus, are we starting to see a slow down in watch sales. On my travels around the world. I usually see in high end shops, Chinese customers buying all hyped expensive goods. I'm hearing now that some ADs are calling customers at more frequent pace for hyped watches with long waiting lists. Some ADs are admitting it's due to less chinese customers coming in. Will this cause a small correction in the market. May this just have to do with just some stores receiving higher quantity of inventory. I'm looking to potentially add another Rolex steel sports to my collection this year. Either explorer 2 or submariner hulk or explorer 1. Thanks again.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Already taped a response to this question from many others stay tuned!

  • @bernhard8540
    @bernhard8540 4 ปีที่แล้ว

    sorry if this is a dumb question but me and my wife dont travel outside the states so we dont know but what do you do if your traveling outside the states with an expensive watch on or one in my bag and my wrist? do they charge you since the watch is over 600 dollars..? or does it only matter if you buy it outside the states?

  • @AndyHongFJ
    @AndyHongFJ 4 ปีที่แล้ว +1

    appreciate your videos!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      I appreciate you! Thanks Andy!

  • @extraselection2423
    @extraselection2423 4 ปีที่แล้ว

    Unsure if you respond to comments but I’m wondering if I should sign up for the Rolex waiting list for things like the Pepsi or hulk. I can’t afford to keep them but I would be signing up and waiting for the call so I can flip them. I’ve heard that they don’t give you a Rolex card anymore and instead they will give you a paper copy, is this a problem with selling it after you buy it?

  • @pgpyahoo
    @pgpyahoo 4 ปีที่แล้ว +2

    Q&A Do they play 2pac in Aruba?

  • @leicesterchua6187
    @leicesterchua6187 4 ปีที่แล้ว +1

    Hi Roman, many thanks for your video. i have been watching your channel for a long time now. Thanks to your constant introduction of AP, i pulled the trigger and bought a brand new AP ref. 26401RO.OO.A002CA.02. AP has taken away all dealerships in singapore and theirs watches are only available in their boutiques now, do you think that such a strategy will increase the price of AP in the secondary market in the shorter term? Many thanks in advance for reading and answering my post.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      this strategy already has!

  • @caseyj.2748
    @caseyj.2748 4 ปีที่แล้ว

    You make me want to visit Aruba! Is the Frederique Constant Flyback Chronograph Manufacture FC-760DG4H6 a good buy? I'm thinking of buying one because of the complications, and it looks cool. Also, I would like to see you speak on what you think of F.P. Journe and what they mean to watchmaking. Thanks and keep up the good work!

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Aruba is a beautiful travel destination. I highly recommend it. Casey, email me at roman@luxurybazaar.com so I can answer this question directly.

    • @caseyj.2748
      @caseyj.2748 4 ปีที่แล้ว

      Roman Sharf I sent the email. Thanks.

    • @caseyj.2748
      @caseyj.2748 4 ปีที่แล้ว

      Roman Sharf Sent. Thank you.

  • @alanmentzer8756
    @alanmentzer8756 4 ปีที่แล้ว

    Thanks, great insights.

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      Happy to provide them, Alex. Thanks for watching :)

  • @blagovestvlahov9160
    @blagovestvlahov9160 4 ปีที่แล้ว +1

    good job

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      I do my best. Thanks Blagovest.

  • @juannicolasserranonino2275
    @juannicolasserranonino2275 9 หลายเดือนก่อน

    anyone has a contact of a customs broker in miami?

  • @bernhard8540
    @bernhard8540 4 ปีที่แล้ว

    I would love to hear why Roman think women aren't as into watches and the collecting as much as men :)

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว

      I wish there was a more solid answer but pretty much 99% of my demographic on TH-cam is men. Lol. That's how much women aren't into watches. Maybe they all gravitate to Jenni's channel 😋

  • @ChatMasala
    @ChatMasala 4 ปีที่แล้ว

    In #India Custom duty is fucking insane , Thats the meain reason I am not able to buy from outside . Here in India its 30% on watches in total .

    • @RomanSharf
      @RomanSharf  4 ปีที่แล้ว +1

      Wow, 30% is pretty wild

  • @stupitt6989
    @stupitt6989 4 ปีที่แล้ว +1

    👍

  • @user-fi5fr9us2t
    @user-fi5fr9us2t 4 ปีที่แล้ว +1

    Were those two Russian mobsters walking behind you Roman, judging by they're tattoos?

  • @watchoutticktock3660
    @watchoutticktock3660 4 ปีที่แล้ว +1

    ✌️🇬🇧