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robinsky · 30 July 2024, 09:27 PM

Hello
I’m sorry to say my watch was stolen recently from my home and it has caused me a lot of great distress.

The watch in question was a 116200 Rolex date just Roman numeral stainless steel manufactured in 2015.

I was just wondering if anyone could help with a rough estimation for me. The watch is fully insured as a separate item on our insurance policy but I just wanted some insight here.

My feeling was between £5k to upper £5k but I would really appreciate some advice in case I am undervaluing or indeed overvaluing.

Thank you

Brich436 · 30 July 2024, 10:46 PM

I'm sorry that this happened to you. Burglary is an ugly crime and involves a lot more than just losing items. I am going to assume you didn't have some sort of safe or security in place to keep the thief from taking the watch. I recommend using a safe (bolted to the floor or other structure) - moving forward. This should be a pretty good estimate of value - which is showing that reference as under retail. I would submit an estimate for replacement at retail value which will be higher.

https://watchcharts.com/watch_model/...16200/overview

You can also post your serial number here of the stolen watch which will be picked up by Google if someone tries to resell it. I'd also contact Rolex and report it stolen with a copy of the police report.

saltyandwet · 31 July 2024, 05:12 AM

Quote:

Originally Posted by Brich436

I'm sorry that this happened to you. Burglary is an ugly crime and involves a lot more than just losing items. I am going to assume you didn't have some sort of safe or security in place to keep the thief from taking the watch. I recommend using a safe (bolted to the floor or other structure) - moving forward. This should be a pretty good estimate of value - which is showing that reference as under retail. I would submit an estimate for replacement at retail value which will be higher.

https://watchcharts.com/watch_model/...16200/overview

You can also post your serial number here of the stolen watch which will be picked up by Google if someone tries to resell it. I'd also contact Rolex and report it stolen with a copy of the police report.

Yes, close the barn door AFTER the horses have ran away. Oh boy....

1William · 30 July 2024, 10:48 PM

Sorry this happened.

brandrea · 30 July 2024, 10:52 PM

I hope you get it sorted OP. Best of luck.

Trouble15 · 30 July 2024, 10:52 PM

Sorry you're going through this. At least it's only material things and you're safe.

andrewjb88 · 30 July 2024, 11:01 PM

My UK AD told me to insure my watch 16203 for what it would cost to replace it with the new version of it.

77T · 30 July 2024, 11:16 PM

I'm sorry to see your loss.
The valuation we might opine upon is meaningless - if you have replacement coverage then the adjuster will offer less than any of us think is fair.

If you wish to be whole, make them find a replacement via the Rolex CPO program.

I would also file a copy of your police report with Rolex UK to put your serial number on their theft list. RUK will seize it the moment anyone submits it for service. Then you, the police and the insurer can manage the next steps to recover your original DJ if it has any special sentimental value for you.

Sent from my iPhone using Tapatalk Pro

M@2 · 31 July 2024, 02:50 AM

Quote:

Originally Posted by 77t

make them find a replacement via the rolex cpo program.

+1

123Blueface · 31 July 2024, 03:04 AM

Quote:

Originally Posted by 77T

I'm sorry to see your loss.
The valuation we might opine upon is meaningless - if you have replacement coverage then the adjuster will offer less than any of us think is fair.

If you wish to be whole, make them find a replacement via the Rolex CPO program.

I would also file a copy of your police report with Rolex UK to put your serial number on their theft list. RUK will seize it the moment anyone submits it for service. Then you, the police and the insurer can manage the next steps to recover your original DJ if it has any special sentimental value for you.

Sent from my iPhone using Tapatalk Pro

Replacement cost goes beyond CPO program.
In this case, carrier will replace with new, given CPO is generally more.

996marty · 31 July 2024, 02:08 AM

Sorry to hear your bad news and hopefully you are covered for replacement value

123Blueface · 31 July 2024, 02:36 AM

Well, I think I have good news for you.
Sounds like you have a floater and normally, it’s replacement cost as opposed to actual cash value.
Read your policy as you just may get a shiny new one.

sycopupy · 31 July 2024, 02:43 AM

Sorry to hear. I hate thieves. Your insurance policy is going to dictate the valuation. I hope they make you whole. Best of luck.

Bazil · 31 July 2024, 03:11 AM

Can imagine you’re gutted …

123Blueface · 31 July 2024, 03:18 AM

BTW, when I lost mine (DJ as well) carrier actually allowed me to replace it with a completely different reference (Sub Bluesy) which retailed for more and I paid the difference.

ltmgeller · 31 July 2024, 03:46 AM

Sorry to hear

MannyMann · 31 July 2024, 09:12 AM

Sorry to hear this, hope you get it back as soon as possible.

ch11 · 31 July 2024, 07:42 PM

So sorry to hear and pray you get it sorted. So sad

30 July 2024, 09:27 PM	#1
robinsky "TRF" Member Join Date: Jul 2024 Location: UK Posts: 1	Rolex stolen Hello I’m sorry to say my watch was stolen recently from my home and it has caused me a lot of great distress. The watch in question was a 116200 Rolex date just Roman numeral stainless steel manufactured in 2015. I was just wondering if anyone could help with a rough estimation for me. The watch is fully insured as a separate item on our insurance policy but I just wanted some insight here. My feeling was between £5k to upper £5k but I would really appreciate some advice in case I am undervaluing or indeed overvaluing. Thank you

30 July 2024, 10:46 PM	#2
Brich436 "TRF" Member Join Date: Aug 2010 Real Name: Brian Location: East Coast Watch: 124270 Posts: 984	I'm sorry that this happened to you. Burglary is an ugly crime and involves a lot more than just losing items. I am going to assume you didn't have some sort of safe or security in place to keep the thief from taking the watch. I recommend using a safe (bolted to the floor or other structure) - moving forward. This should be a pretty good estimate of value - which is showing that reference as under retail. I would submit an estimate for replacement at retail value which will be higher. https://watchcharts.com/watch_model/...16200/overview You can also post your serial number here of the stolen watch which will be picked up by Google if someone tries to resell it. I'd also contact Rolex and report it stolen with a copy of the police report. __________________ ROLEX: 16234-Datejust / 16570-Explorer 2 / 116610LN-Submariner / 124270-Explorer 1 / 126710BLNR-GMT-Master 2 TUDOR: M79030-B Black Bay 58 / M25717N-1 Pelagos FXD

30 July 2024, 11:01 PM	#7
andrewjb88 "TRF" Member Join Date: May 2018 Location: United Kingdom Watch: 16302 Rolex OP Posts: 767	My UK AD told me to insure my watch 16203 for what it would cost to replace it with the new version of it. __________________ Rolex Datejust 16203 Omega Seamaster Professional 300m Tudor BB GMT Luch one hand

30 July 2024, 11:16 PM	#8
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,010	I'm sorry to see your loss. The valuation we might opine upon is meaningless - if you have replacement coverage then the adjuster will offer less than any of us think is fair. If you wish to be whole, make them find a replacement via the Rolex CPO program. I would also file a copy of your police report with Rolex UK to put your serial number on their theft list. RUK will seize it the moment anyone submits it for service. Then you, the police and the insurer can manage the next steps to recover your original DJ if it has any special sentimental value for you. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

31 July 2024, 02:36 AM	#12
123Blueface "TRF" Member Join Date: Jun 2015 Location: USA Watch: All Posts: 5,315	Well, I think I have good news for you. Sounds like you have a floater and normally, it’s replacement cost as opposed to actual cash value. Read your policy as you just may get a shiny new one. __________________ Rolex 228235 DD40 Olive, 126710BLRO, 116710BLNR, 116613LB, 116500LN White, 126610LN, 116500LN Black, 126610LV, 116610LV, 126334 Blue Diamond Breitling Navitimer 01, Cartier Santos Large

30 July 2024, 10:48 PM	#4
1William 2024 SubLV41 Pledge Member Join Date: Nov 2010 Location: North Carolina Watch: Rolex/Others Posts: 47,764	Sorry this happened.

30 July 2024, 10:52 PM	#5
brandrea 2024 SubLV41 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 78,074	I hope you get it sorted OP. Best of luck.

30 July 2024, 10:52 PM	#6
Trouble15 "TRF" Member Join Date: Dec 2011 Real Name: Steve Location: USA Watch: A few Posts: 8,883	Sorry you're going through this. At least it's only material things and you're safe.

31 July 2024, 02:08 AM	#11
996marty "TRF" Member Join Date: May 2019 Location: Uk Watch: RolexGMT/Tudor7928 Posts: 4,182	Sorry to hear your bad news and hopefully you are covered for replacement value

31 July 2024, 02:43 AM	#13
sycopupy 2024 Pledge Member Join Date: May 2024 Real Name: Alex T. Location: Diamond Bar, CA Watch: Omega Seamaster Posts: 82	Sorry to hear. I hate thieves. Your insurance policy is going to dictate the valuation. I hope they make you whole. Best of luck.

31 July 2024, 03:11 AM	#14
Bazil 2024 Pledge Member Join Date: Apr 2022 Real Name: Bazil Brush Location: Star Gazing Watch: Any Daytona Posts: 3,460	Can imagine you’re gutted … __________________ *One day, it just stops ticking, so enjoy every second* If you have no enemies, you have no character. Taking a stand always creates opposition. Paul Newman *Being Serious = Onto the list you go*

31 July 2024, 03:18 AM	#15
123Blueface "TRF" Member Join Date: Jun 2015 Location: USA Watch: All Posts: 5,315	BTW, when I lost mine (DJ as well) carrier actually allowed me to replace it with a completely different reference (Sub Bluesy) which retailed for more and I paid the difference. __________________ Rolex 228235 DD40 Olive, 126710BLRO, 116710BLNR, 116613LB, 116500LN White, 126610LN, 116500LN Black, 126610LV, 116610LV, 126334 Blue Diamond Breitling Navitimer 01, Cartier Santos Large

31 July 2024, 03:46 AM	#16
ltmgeller 2024 SubLV41 Pledge Member Join Date: Aug 2012 Real Name: Mike Location: New York Watch: Rolex Posts: 22,574	Sorry to hear __________________ Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019

31 July 2024, 09:12 AM	#17
MannyMann Banned Join Date: Jul 2017 Location: Chicago Posts: 73	Sorry to hear this, hope you get it back as soon as possible.

31 July 2024, 07:42 PM	#18
ch11 "TRF" Member Join Date: Jan 2023 Location: dreamland Watch: FP Journe Bleu Posts: 32	So sorry to hear and pray you get it sorted. So sad

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