Jomashop

[Calculator]

Morning

Does anyone have experience of buying from Jomashop in the US? I’m assuming they are legitimate given the volume of stock they carry?

They have some extremely attractive deals on as part of their sale. These are not necessarily typical grey market products where retailers are using the channel to shift excess stock.

How are they able to achieve this?

c£30k vs £38k UK retail:

https://www.jomashop.com/patek-phillipe-watch-5205...

[Ninjin]

I've bought many times from Jomashop but not at that level. Most i spent was US$1k.

They reason they can discount it, cause it's not in demand.

This used to be the same in the good old days with Rolex in the UK.... Don't be fooled that just because it's a PP, makes it special. At the end of the day, it's a good. No one buys then it's got to be discounted to sell.

[Calculator]

Yes, agreed. I’m reasonably familiar with the PP market but this looks an outlier price which prompted my interest. Perhaps it’s a reflection of the current or near term market?

[Ninjin]

PP in my view is only sort after in the nautilus and aquanaut ranges. Then moving onto the £100k+ items which they don't have a problem selling to the super wealthy. Anything that is £25-100k I don't think has much demand, PM nautilus excluded.

[Mr Pointy]

£30k plus 20% VAT is £36k landed, unless you're planning on smuggling it into the UK?

[Calculator]

Sorry, mixing £/$ makes it unclear but the point stands on a constant currency basis (ie discount to US list).

It’s an interesting point on the demand for ‘mid range’ PP. There is a huge ‘value’ gap between something like this (precious metal complication) and a steel sports watch (reflected in the list price). I guess a Nautilus is more recognisable and hence more Insta friendly than a 5205 which drives the demand for one and not the other.

[Francois de La Rochefoucauld]

Correct. The Nautilus is the G-Wagen of watches now, having for decades been a somewhat eccentric choice! Every celeb/footballer and his dog has one. Used to be Hublot, Jacob&Co, it'll be something else in 10 years time.

[T6 vanman]

Have purchased from Joma and a completely painless experience ….. Superfast postage too

[EK993]

I bought a Hublot Big Bang from them and higher up the scale my friend bought an A Lange Sohne Datograph from them. I live in the US and my friend is in the UK. My Big Bang was sent via courier and arrived with zero issues and his Datograph was picked up In person from their Brooklyn physical location.

I would buy high end pieces from them without concern.

[Chessers]

Don't you forfeit the manufacturers warranty on some pieces as well?

Have heard they are good to deal with on the whole.

[EK993]

Chessers said:

Don't you forfeit the manufacturers warranty on some pieces as well?

Have heard they are good to deal with on the whole.

My Big Bang came with the electronic warranty card. I was able to register ownership of the watch on Hublot’s website and activate the warranty with no issues.

[romeodelta]

I've bought a couple of pieces from Jomashop, delivered to Oz with no issues.

[h0b0]

Chessers said:

Don't you forfeit the manufacturers warranty on some pieces as well?

Have heard they are good to deal with on the whole.

Depends on the brand. Some will transfer and others will not. For those that do not transfer they will offer you an in house warranty.