If I ever get a "letter" in the mail I will give it a try and contest it.
Also, what is a homage watch? One that looks like a Panerai but says Panini instead?

So would I get my Panini in the mail without a problem (extra cheese please)? I dont now how they are differentiating. I guess the most logical solution is what panerai153 wrote... the packaging. A $10,000 watch shipped uninsured and marked keychain would raise suspicion.
So for example if I ship a watch to China from USA for a value of $20 I have a few price options. The best two are:
-$50 Priority Mail Express (3-5 days)
-$14 First Class (10+ days)
If the same package has a value of $5,000 the best shipping method would be:
-$50 Priority Mail Express (3-5 days)
with no option for first class delivery.
I wonder if shipping FROM China to USA with an increased value for a slightly bigger shipping fee would be worth it or would be heavily scrutinized more?