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Old 22 March 2018, 11:19 AM   #1
brandobot
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Rolexes in Japan

Hello.

I’m flying to Japan next month and was wondering if anyone knew if it were cheaper to buy a Rolex from an AD there?

Also interested in hearing about duty fees when coming back to the US. Thanks!
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Old 22 March 2018, 12:19 PM   #2
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I'm going there too in May. I'm interested as well.

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Old 22 March 2018, 12:20 PM   #3
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Quote:
Originally Posted by brandobot View Post
Hello.

I’m flying to Japan next month and was wondering if anyone knew if it were cheaper to buy a Rolex from an AD there?

Also interested in hearing about duty fees when coming back to the US. Thanks!
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Old 22 March 2018, 01:15 PM   #4
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Page answered.

From an AD. No. No discounts ever too. Shopping tourists come over and pay cash. No negotiations. Also popular models are not always to be found in ADs. Stock is not too bad though.

From a grey NIB, Maybe. Depending on the model.

If you are using a US Dollar conversion that has been ugly lately too. The last Rolex I bought I used my US credit card. The Dollar then was 118 to the Yen. I bought my OP 39 NIB for about $3600 not including tax. Today hovering around 105-106.

As a non resident you will get the 8 % tax back. But sadly there are no deals to be had in Japan right now.


Trading a watch in you might do ok. Prices have risen so much on popular models at Greys that they are being fair in their offers.
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Old 22 March 2018, 01:19 PM   #5
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Thank you buddy

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Old 22 March 2018, 03:52 PM   #6
brandobot
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Quote:
Originally Posted by Gaijin View Post
Page answered.

From an AD. No. No discounts ever too. Shopping tourists come over and pay cash. No negotiations. Also popular models are not always to be found in ADs. Stock is not too bad though.

From a grey NIB, Maybe. Depending on the model.

If you are using a US Dollar conversion that has been ugly lately too. The last Rolex I bought I used my US credit card. The Dollar then was 118 to the Yen. I bought my OP 39 NIB for about $3600 not including tax. Today hovering around 105-106.

As a non resident you will get the 8 % tax back. But sadly there are no deals to be had in Japan right now.


Trading a watch in you might do ok. Prices have risen so much on popular models at Greys that they are being fair in their offers.
Thank you for the informative post!
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Old 22 March 2018, 04:02 PM   #7
sensui
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Originally Posted by brandobot View Post
Hello.

I’m flying to Japan next month and was wondering if anyone knew if it were cheaper to buy a Rolex from an AD there?

Also interested in hearing about duty fees when coming back to the US. Thanks!
I've been married for 10 years now and I visit my inlaws there every year. Been watch shopping there for many years.....can tell you Gaijin knows his stuff obviously living there. No discounts to be had in ADs no matter what you're buying.....I personally have never seen more than datejusts and PM sports models at ADs (OK maybe I've seen a stainless Milgauss once).....but the grey market has everything you'd ever want....at an astronomical price of course. Japan's pricing is consistently higher than what you'd buy for here in the US grey market wise and the dollar's value is terrible now versus the yen....so that throws the AD idea out the door as well. You can save the tax but declaring the watch coming back to the states subjects you to around 3.5% tariff and if you're in California (seems like OP is in San Francisco), you can bet you'll be receiving a letter for use tax so that's another 8-10% tacked on.

Conclusion, enjoy Japan for the culture (especially the people and food) and don't waste too much time watch shopping unless you like to window shop or it's on your way. That's my advice.
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Old 22 March 2018, 04:05 PM   #8
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Was there about a month ago

Couldn't find a sport model at 3 diff ADs

There really isn't any supply there.
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Old 22 March 2018, 04:09 PM   #9
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Going to Japan next month as well, thank you for all comments sharing.
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Old 22 March 2018, 04:37 PM   #10
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Recently in grey dealer, I found the prices were not so good for some popular sport models. But datejust41 was quite reasonable price compared to my country.
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Old 23 March 2018, 09:32 AM   #11
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Thanks guys! Sounds like I'll be passing on spending time looking for a watch in Japan. :)
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Old 23 March 2018, 09:50 AM   #12
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Visited Japan 3 times in the past 12 months. To echo everyone above, sport models very limited at ADs and the super desirable pieces non-existent. The grey inventories are nice to window shop but you won't see much, if any, savings.

Just enjoy the culture, weather & cherry blossoms, and hopefully you happen find your piece
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Old 23 March 2018, 10:50 AM   #13
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Going to Japan myself in a couple weeks, but sounds like the Rolex prices there aren't attractive. I am originally from Japan and can read Japanese so I've been researching bunch of store websites and forums there, but that has basically confirmed what sensui said.

Another problem of Rolex shopping in Japan seems to be that they like their watches shiny and looking new (though I'm also hearing they are now "reverse importing" the concept of Wabi-Sabi in the recent years). So many reputable places casually and consistently saying "polished" and "touched up during service" in their descriptions.

Instead, I'm planning to look for some of the Grand-Seiko pieces I've been thinking about.
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Old 23 March 2018, 11:03 AM   #14
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In general now is not the time to buy in Japan, the Yen is too strong. Late 2014 - Mid 2016 and again in early 2017 there were, in USD terms, fantastic buys in the grey market in Japan. I'm not sure that opportunity will come again any time soon.

That said, in Tokyo at least, the grey market/used dealer inventory is superb. Everything you want, you just now have to pay up for it (which perhaps our local posters always had to do).
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Old 23 March 2018, 11:07 AM   #15
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As others have said, the US to Yen conversion was much better a few years ago.

Bought wew Rolex and lots of vintage there, it is the place if you are looking for mint condition.

Jack Road in Nakano Broadway is my favorite. Nice Vintage collection there as well and in many other shops in that mall.
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Old 23 March 2018, 11:13 AM   #16
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For reference, in January Yodobashi Camera locations in Osaka and Akiba had Hulks at ‎roughly ¥120,000 and standard subs/GMT around ‎¥100,000.
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Old 23 March 2018, 11:14 AM   #17
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If you have time, you can head over to jack road or kame kichi in Nakano...easy on the JR Yamanote line.

Lots and lots of greys and new and pre-loved pieces there. I frequent from time to time. They gave me almost 11k in trade on my TT Blue Sub ceramic.

https://www.kame-kichi.com/foroverseas.html

As Gaijin and others have mentioned, the ADs don't discount and the only time to buy was a few years ago when the FX rate was very good.

Quark will have lots of vintage pieces to drool over but be ready for the sticker shock of what they are asking for to get it on your wrist.
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Old 23 March 2018, 11:22 AM   #18
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Just wonder in japan is it cheaper to buy a Tudor big block chronograph?
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Old 23 March 2018, 11:24 AM   #19
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For reference, in January Yodobashi Camera locations in Osaka and Akiba had Hulks at ‎roughly ¥120,000 and standard subs/GMT around ‎¥100,000.
Cannot be so cheap. i am getting a dozen.
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Old 23 March 2018, 08:26 PM   #20
Gaijin
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Cannot be so cheap. i am getting a dozen.
Just missing a zero.
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Old 23 March 2018, 08:56 PM   #21
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Enjoy the food, that’s the main reason to visit japan
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Old 24 March 2018, 12:42 AM   #22
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I was there 2 weeks ago.
If you're going to Tokyo head into Nakano Broadway, it's a mall with a tone of grey market sellers.
You can pretty much find anything there and you save 8% tax if you take your passport.
Although there wasn't much vintage stock there.
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