So my poor Jo Siffert has sat around in its box and I haven't given it any wrist time plus I really think it sits too tall on my wrist. I also have a couple other watches incoming and I think I have to sadly part ways with a piece I wanted to work so badly. I figured I would offer it here before posting it on the forums. I'm located in the US, please PM me if interested.
you US guys don't have it that bad
A couple years ago, I had to have my gallbladder removed as it was causing debilitating pain. Surgery was the only option, and I wasn't quite at the income level I am now... Even with (what passes for) great insurance, I had to pay $3000 out of pocket immediately - and then $100 here, $200 there for months afterwards as the hospital "found" new charges. Give me 20% import charges any day!
Swings and roundabouts.
The secret to the US having low import costs is that they charge different rates for different components of the watch. So while the rates for some components are close to 10%, the movement is at a fixed price of less than $2. So, the brands are able to load value into the movement and give an overall lower rate of duty.
Did not know that! How do you mean load value into the movement though - do you mean declared value or are they moving to cheaper materials for the case, dial etc?