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maxman

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$1million! I am in the wrong line of work!! So, who got hit.. Josh, Andrew, Angus??? That must suck to lose $1million in merchandise..

the actual value is not really $1M. They assume the retail value of the real watch to calculate these bogus numbers. Don't get me wrong, 1,500 watches is still quite a loss for whoever was stupid enough to ship that many together.

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1,500 x $200 = $300,000.

Cost would be more like 1500 x $50 = $75,000.

Almost $1million! Media hype/Customs hype

When you consider what those higher end reps will fetch, Im sure the number would be much more than $75.000. Not a one million $$$ loss for the dealer or the US side. But the profit Im sure would have been sweet to say the least.

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