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A visit to Canal Street in New York City

sishac

Known Member
5/2/07
199
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Hi everyone,

Yesterday I made my first trip up to Canal Street in New York. After searching through the various posts, I was excited to see what kind of reps I could find on the streets of Chinatown. Unfortunately I was unable to locate "Benny" and the good reps, but what I did find was pretty interesting.

The first thing I noticed was that there were no Rolex watches in people's stalls...there were however plenty of people asking if you wanted to buy a Rolex, and then they would open up their briefcase to see the goods. I was on a mission to find an Omega Speedmaster Professional...the kind that they don't make anymore with the plexiglass crystal, wind up movement and clear back. Unfortunately I didn't find this watch, and I didn't even find anyone who offered to take me into the back rooms to see the good stuff. I had plenty of people who wanted to show me the Swiss watches, but every time it was the same watches that were being sold on the street.





From an Omega standpoint I saw several Seamasters...Professionals, Planet Oceans (with bracelet, leather straps and rubber straps), and Aqua Terras (with and without chronographs) and yes, Speedmasters (pros, racing, etc.)....some with bezels that moved and some with fixed bezels. As I was looking for Speedmasters, I focused on these. What I saw was a mixed bag...first, they all seemed to be non-working chronos....the chrono hand acted like a regular second hand...the 9 oclock dial moved (not continuous) with the top pusher, the 3 oclock dial was moved by the bottom pusher, and the 6 oclock dial is a 24 hour indicator. I noticed two different buckles...one that looked genuine, while others just didn't make sense. Luckily I had an idea what I was looking for. The backs were very different too....some had a very lightly engaved back, while others were more pronounced. There were huge differences in quality, but they all seemed to have the same price ranges...between $40 and $65.

Initially I wanted a plain black Speedmaster professional, but then I figured that since the subdials didn't work, I didn't want to do that...instead I opted for one with a silver dial, and a red "July 20. 1969" on the dial. It had the better buckle, a crisp back, and a dial that I really liked. The same stall had a black dial with the same quality. In retrospect I should have bought both the black dial and the silver dial. I will pick one up the next time I go. Initially the guy wanted $65 for the watch and I was able to easily bargain him down to $50. Could I have gone lower? Probably...maybe to $40, but in reality it was $10.

From a flaw standpoint, the subdials don't work as they should...the 6 oclock is a continuous 24 hour dial...the 9 oclock is operated by the top pusher and the 3 oclock by the bottom pusher...you have to push each pusher about 10 times to get the hand all the way around. Of course the biggest flaw is the chrono hand....it moves as a second hand. The dial itself is very pretty, with crisp printing, applied markers, but very weak lume. Honestly it is a stunning watch that one day into it, is keeping pretty good time. It is an automatic, and has a screw down crown too....once more, not authentic, but what do you want for $50? The crystal is not plastic, and I would doubt that it is saphire, so it is probably a mineral crystal...it is a domed crystal, not flat. An interesting note is that the "e" of Tachymetre has the proper accent over it.















Overall it is a nice watch...I'll pick up a plain black one next time I am in NYC (I am kicking myself for not buying it at the time.) Here are some pictures.

I was very surprised that the watches were all out in the open, but thought it was interesting that Rolex was never included in the stalls...the prices were very nice, but obviously these were not the ETA movement watches that some of our dealers sell. I was not disappointed at all...I felt like a kid in a candy store!!!

I would be interested in hearing about your experiences on Canal Street.

Tom
 

Hellcat

Renowned Member
18/11/06
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Sounds like you had a great experience!!! I would like to one day go there myself, I do however see alot of this stuff offered in Atlanta where I get pretty often. I think that watch you picked up looks great for the price...not bad at all and the fact that your happy with it makes it worth what you paid for it.
 

Anubis

I'm Pretty Popular
31/10/06
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Pardon my ignorance, but where exactly is Canal st in New York? Any particular block?
 

italiano17771

Renowned Member
Supporter
5/5/07
693
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great story. this gives alot of info on what to expect for people who have not been there yet. i only live hour and half from manhattan...i think i gotta go. Anubis you down to take a road trip??
 

sishac

Known Member
5/2/07
199
28
28
Where is is it???

Canal Street is right near Chinatown and Little Italy..... Its a subway stop (A,C or E train gets you there) that you can get from Penn Station, or anywhere else in NY I guess....very easy to find. If someone knows how to find someone who sells the swiss stuff, I'd be willing to make another day trip later this summer...maybe on a Saturday.

We had a really good time, but I don't think my friend realized that I was going to stop at EVERY stall to check out the watches. I'm glad I did though...as I mentioned the quality seemed to be very varied, but the prices pretty consistent. I have a feeling that if I wanted to buy more than 1 watch, I could have really gotten some deals. Of course, they are deals on the cheap asian versions of watches, but if you like variety, that may just be the scratch to satisfy your rep world itch!!


Tom
 

gasdoc

Active Member
Certified
26/11/06
341
14
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My experiences

After speaking with a couple of the dealers on canal street (this was probably 2 years ago) they told me that Rolex, Cartier, and LV, perhaps with some others, have donated a significant amount of money to the NYPD in an effort to stop the rep sales. This was the explanation they gave me for why these brands are not displayed. Omega/Patek/AP/Vacheron/IWC etc all are displayed, but most reps are of poor quality. The better ones, even the "safe" brands are usually hidden, since they don't want to get them confiscated. One dealer told me he recently had $100,000 worth of reps siezed, probably overexaggerated.

I must say it's always an interesting trip to see all of the goodies, and most dealers actually have all the same stuff available, but not always displayed. I asked one dealer for an explorer II, and he used his nextel to call someone. About 30 seconds later a man rides up on a bicycle and hands him a paper bag that contained the watch I ordered. It was an ammusing experience.

Just check your merchandise carefully. Most places have NO loyalty to the customer, and no returns or exchanges. Boxes and papers are often available if you ask. Some dealers will allow you to go to a nearby jewler and they will open the cases for you on pricy reps to show you the movement. Unless you are buying a rollie with screws in the bracelet, I wouldn't let them size it for me, since they probably will scratch it up. Remember they are not watchsmiths, just street vendors.

Last but not least, ALL prices are negotiable. You can always go to the next dealer and see what they will do for you. If you look like a cop and show up asking for Rolex, they may just tell you they don't sell it. I would advise you not to come on too strong or they might be suspicious. That was my experience anyway. Also I like to wear a common rep when I go there, since they will recognise it and assume your not a cop.
 

erdoc

Known Member
29/11/06
156
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I was there last summer and had a similar experience. My $30 sub is still running BTW. I asked for Rolex and she calls on her cell phone. I see a guy across the street who is sitting on a cooler get up, open it and rummage around. The vendor then swung her fanny pack around to her back and walked out of the booth a little. The guy from the cooler walked across the street and as he passed her he slipped a paper bag into the fanny pack. She walked back into the booth, swung the pack around and there were about 6 rolex reps inside, a couple of subs, day-date, ym etc. My son got a real kick out of it and still talks about it and the bartering.

Start at Canal and Mott and go a block or two in each direction, you'll find plenty.
 

NOTB

Do not accept unsolicited offers
7/6/07
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Canal St is more downtown manhattan...north of where the WTC used to be......
 

mmg2

Active Member
8/2/07
217
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Texas
Looks like you had a great find, I hope to go to Canal St when I'm up in Manhattan next month!
 

time_bandit

Known Member
30/10/06
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Pardon my ignorance, but where exactly is Canal st in New York? Any particular block?

Take a cab or the subway to the intersection of Canal Street and Broadway.
Its where the Chinatown and Little Italy neighborhoods of NY meet.
 

Importr

I'm Pretty Popular
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23/10/06
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I think thats a really nice Speedy you got for the price. I've seen a lot worse. Congrats on finding a bargain! :D

I plan to visit NYC nearer the end of the the year, and Canal St is definately on the cards, more for curiosity than anything else.

Thing is, if I do buy a few (ones that I can't find on the net), what are the chances that US Customs will find them in my suitcase (on my return to UK) and what are the consequences?
 

piratedzeus

I'm Pretty Popular
17/12/06
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You live in uk... send it via mail to yourself at home... UK customs are more like a joke.
 

david-syd

Renowned Member
25/5/06
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yeh,..thats a nice watch for that price... some dealers woudl charge $ 65 or more...
 

Sylar

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Nice shots, I have been down Canal street many times but never bought anything cause it looked so cheap. I never thought to ask about higher end reps.