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12 December 2010, 09:16 PM | #1 |
"TRF" Member
Join Date: Nov 2010
Real Name: Hiep Phan John
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Watch: The Fantastic FOUR
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Stolen Rolex questions???
HI,
I am curious and would like to know how to determine if the watch is not previously stolen or had been reported stolen. I am interested in purchasing pre-owned Rolex and would like to avoid this situation when I bring my watch to RSC for service. In any case, what would happen to me or my watch if it had been report stolen before O owned it? Any insight on this subject would be appreciated, |
12 December 2010, 09:33 PM | #2 |
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Location: Sydney Australia
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It is not returned to you! They ask for the watch to stay for at least 24hrs for authentication.
If it is found to have been reported lost or stolen it is seized. I have been told that Rolex Authorised Dealers can call up and they will be told on the spot if it is on the stolen lost register. So make friends with an AD It is hard for me everytime i walk into an AD i end up buying elsewhere. The dealers in Sydney just don't seem to care enough to offer any discount. They show great service. But not enough to justify spending nearly double the money on the same item. |
12 December 2010, 09:54 PM | #3 | |
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
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13 December 2010, 03:54 AM | #4 |
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In the USA, if you buy, find, or are given a stolen watch, it will be returned to the original owner..
You do not get "compensated" for your purchase as some people would hope... Rolex notifies the reporting authority (your police department, etc) if a stolen watch comes in to them..
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13 December 2010, 07:23 AM | #5 |
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13 December 2010, 06:17 AM | #6 |
"TRF" Member
Join Date: Nov 2010
Real Name: Hiep Phan John
Location: san jose, ca
Watch: The Fantastic FOUR
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I bought a pre owned GMY Master IIc from a gentleman not too long ago. I never thought about this until last night when I read about a thread that someone on TRF got scammed. Chances are, the watch is not stolen because he gave me his home address and his work. We met at my local watch repair shop for inspection, however the watchmaker was not in. I bought it anyway because he was sincere and did not back down at any of my requests.
I just want a piece of mind. I want my watch authenticated to make sure it is mine when I bring it in for service. What should I do? |
13 December 2010, 10:07 AM | #7 | |
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Quote:
However, Rolex will only verbally tell the owner that the watch is genuine/not stolen and the receipt only states the fee paid was for "service''. If the watch has been reported stolen, it is immediately confiscated. Alternatively, you could wait a few more years, then take the watch in for a routine service as this would also confirm the watch is authentic and not stolen. Bottom line: no one other than Rolex has the serial numbers of stolen watches. Hope this helps. |
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13 December 2010, 11:44 AM | #8 | |
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13 December 2010, 06:19 AM | #9 |
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As Padi said above-buy from solid seller!! Always buy the seller!!
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13 December 2010, 10:26 AM | #10 |
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You must be careful. Each state has laws for theft by recieving, theft by possesion, theft by retaining, possesion of an item with an altered serial number, and so on.
Your first line as a buyer is to only buy from a trusted seller. If there is some doubt, contact the local police department to see if it's stolen. Unfortunately the general public doesn't have access to the National crime information computer. You could check it out before you purchased it, but that's not really an option. Rolex will take the watch if it's on the "hot sheet". If law enforcement find you with a stolen item.... I hope you have a good story! You could either be a party to a crime, or a victim of theft by deception..... I would, and do make a complete list of who I purchase an item from. In 3 years if there is an issue, I can show a set of emails, and a paper trail |
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