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Speed · 1 June 2011, 12:09 PM

Yup. Quick resolution there for sure.

bkandj2000 · 1 June 2011, 12:22 PM

Quote:

Originally Posted by mrbill2mrbill2

The latest scam is you use paypal. You send the authentic watch. They buyer contacts PalPal - says it is a fake and returns a fake to you. At this point you are .......

Welcome to the wonderful world of scammers.

Not necessarily. Only if you cannot provide credible evidence of exactly what was sent. If all you have is your word against buyer's, yes.

Quote:

Originally Posted by ingoodtime

I have a question. Suppose I am buying from a trusted seller and I bank wire money. Now, let's think of the un thinkable. Something goes horribly wrong, something like the seller has a medical problem or worse yet, dies. ( sorry all no bad wishes here). Now , you have already wired your funds. How would you get this straightened out? Let's remember, the unthinkable can and does happen.

Correct. It happens.

Quote:

Originally Posted by Sherwooddavid

You could probably put a claim in against his estate or small claims court ??

Quote:

Originally Posted by Speed

Yup. Quick resolution there for sure.

Might as well call your money gone!

MortgageGuy · 1 June 2011, 12:30 PM

As mentioned over and over there are some great sellers right here on TRF, several names come to mind. I have dealt with several of them on numerous occasions and had nothing but great experiences. I too had my doubts at first but figured whats the worst that could happen... I did my homework... If you are not comfortable with that, buy from an AD, hang around TRF for awhile and buy your 2nd Rolex here

DG123 · 1 June 2011, 01:00 PM

Buy from your local AD.

Quote:

Originally Posted by ingoodtime

I have a question. Suppose I am buying from a trusted seller and I bank wire money. Now, let's think of the un thinkable. Something goes horribly wrong, something like the seller has a medical problem or worse yet, dies. ( sorry all no bad wishes here). Now , you have already wired your funds. How would you get this straightened out? Let's remember, the unthinkable can and does happen.

blackmsport · 1 June 2011, 01:09 PM

after my bad experiences with Paypal who ripped me off.... noway I take paypal.... Bankwire only

"Don't like it then don't buy it"

watch watcher · 1 June 2011, 09:08 PM

I did my duty and tried to buy from a "trusted seller" on here (he's not in this thread). He wouldn't take Pay Pal. I walked away from the deal, and bought from eBay.

Sellers need to know that a transaction is a 2-way street. Sure they want protection, but the buyer does and deserves it too!

sherwin · 1 June 2011, 09:58 PM

Quote:

Originally Posted by watch watcher

I did my duty and tried to buy from a "trusted seller" on here (he's not in this thread). He wouldn't take Pay Pal. I walked away from the deal, and bought from eBay.

Sellers need to know that a transaction is a 2-way street. Sure they want protection, but the buyer does and deserves it too!

I thought paypal was only safe if the watch was sold via ebay. Any other methods by paypal would not be protected.

orangejuicy · 1 June 2011, 11:14 PM

Threads like this make me scared to buy or sell anything ANYWHERE! Seriously, after being scammed a while back, I'm definitely putting in an effort to be more cautious but how does one gain a reputation for being a good seller if wire-transfer is the only safe method for sellers but the most risky for buyers? And if you're willing to do paypal, should references be asked for? Guess sellers need to buy the buyer first.

bkandj2000 · 2 June 2011, 05:54 AM

As we speak, coincidentally or not, I have a watch missing in transit. It has made a trip half way around the world in 3 days only to go missing while "out for delivery". Several hours past the delivery commitment time and no where to be found. No communication from the carrier unless I initiate contact. I have 3 outlets to claim against if it never shows up. I would have -0- if I would have wired the money.

It sucks, but not as much if I was just left hanging in the wind with only a bank wire receipt.

bkandj2000 · 2 June 2011, 12:26 PM

Quote:

Originally Posted by bkandj2000

As we speak, coincidentally or not, I have a watch missing in transit. It has made a trip half way around the world in 3 days only to go missing while "out for delivery". Several hours past the delivery commitment time and no where to be found. No communication from the carrier unless I initiate contact. I have 3 outlets to claim against if it never shows up. I would have -0- if I would have wired the money.

It sucks, but not as much if I was just left hanging in the wind with only a bank wire receipt.

...and the watch finally showed up today... driver said the original delivery truck broke down.

blackmsport · 2 June 2011, 01:16 PM

Quote:

Originally Posted by watch watcher

I did my duty and tried to buy from a "trusted seller" on here (he's not in this thread). He wouldn't take Pay Pal. I walked away from the deal, and bought from eBay.

Sellers need to know that a transaction is a 2-way street. Sure they want protection, but the buyer does and deserves it too!

hang-on... Paypal is a 1-way street

seller has no right at all

HL65 · 2 June 2011, 07:30 PM

Quote:

Originally Posted by watch watcher

I did my duty and tried to buy from a "trusted seller" on here (he's not in this thread). He wouldn't take Pay Pal. I walked away from the deal, and bought from eBay.

Sellers need to know that a transaction is a 2-way street. Sure they want protection, but the buyer does and deserves it too!

The protection a buyer gets is dealing with a trusted well respected seller. Most of our top sellers stand 100% behind their watches and offer refunds if not to satisfaction of buyer. That is the buyers protection! If one would rather use paypal and buy from some unknown on Ebay--that is their call. No good seller is going to risk sending out an expensive watch to appease a buyer without having real funds secured--that would be bad business on their part!

motomc1 · 4 June 2011, 03:53 PM

and 20 times as many on another Vintage Rolex Site. Most of my sales are to dealers who pay by bankwire as not to incur any more expenses on top of the watch. Occasionally I do accept paypal, but in general only from an established buyer/forum member. Established meaning he is an active member of the forum. Many, many times I will post a watch for sale and I get numerous PMs from buyers with 0 posts to this forum and as a rule I will only accept bankwire. In all reality, and proven by example, a buyer can pay through paypal and file a chargeback through their creditcard company. Paypal can arbitrate it, but 99% of the time the creditcard company will back the buyer and withdraw the funds from paypal. In turn paypal will debit the sellers account. There is nothing the seller can do about it. With this being said...know your buyer...know your seller. Check the buyers/sellers history on the forum. Are they continuously active? Do they have a solid history of buying or selling? Will they provide a phone number to discuss the transaction if need be. Being an active member of this forum will ease the minds of both partys involved. That's my story and I'm stick'n to it :)

buke45 · 7 June 2011, 05:41 AM

As a buyer I love Paypal and gladly pay the extra 3%. with Paypal I use my Credit Card and I have double protection against scammers. I just bought a DD 118238 all went great.

1 June 2011, 12:30 PM	#33
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	As mentioned over and over there are some great sellers right here on TRF, several names come to mind. I have dealt with several of them on numerous occasions and had nothing but great experiences. I too had my doubts at first but figured whats the worst that could happen... I did my homework... If you are not comfortable with that, buy from an AD, hang around TRF for awhile and buy your 2nd Rolex here __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

4 June 2011, 03:53 PM	#43
motomc1 2024 Pledge Member Join Date: Jul 2008 Location: Texas Posts: 1,814	I have sold many, many watches through the Rolex Forum... and 20 times as many on another Vintage Rolex Site. Most of my sales are to dealers who pay by bankwire as not to incur any more expenses on top of the watch. Occasionally I do accept paypal, but in general only from an established buyer/forum member. Established meaning he is an active member of the forum. Many, many times I will post a watch for sale and I get numerous PMs from buyers with 0 posts to this forum and as a rule I will only accept bankwire. In all reality, and proven by example, a buyer can pay through paypal and file a chargeback through their creditcard company. Paypal can arbitrate it, but 99% of the time the creditcard company will back the buyer and withdraw the funds from paypal. In turn paypal will debit the sellers account. There is nothing the seller can do about it. With this being said...know your buyer...know your seller. Check the buyers/sellers history on the forum. Are they continuously active? Do they have a solid history of buying or selling? Will they provide a phone number to discuss the transaction if need be. Being an active member of this forum will ease the minds of both partys involved. That's my story and I'm stick'n to it :)

1 June 2011, 12:09 PM	#31
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	Yup. Quick resolution there for sure.

1 June 2011, 01:09 PM	#35
blackmsport Banned Join Date: May 2009 Location: Melb - Australia Posts: 2,959	after my bad experiences with Paypal who ripped me off.... noway I take paypal.... Bankwire only "Don't like it then don't buy it"

1 June 2011, 09:08 PM	#36
watch watcher "TRF" Member Join Date: Mar 2011 Location: ME Watch: Vintages Posts: 565	I did my duty and tried to buy from a "trusted seller" on here (he's not in this thread). He wouldn't take Pay Pal. I walked away from the deal, and bought from eBay. Sellers need to know that a transaction is a 2-way street. Sure they want protection, but the buyer does and deserves it too!

1 June 2011, 11:14 PM	#38
orangejuicy "TRF" Member Join Date: Nov 2010 Real Name: Jordan Location: New York City Watch: less for now Posts: 556	Threads like this make me scared to buy or sell anything ANYWHERE! Seriously, after being scammed a while back, I'm definitely putting in an effort to be more cautious but how does one gain a reputation for being a good seller if wire-transfer is the only safe method for sellers but the most risky for buyers? And if you're willing to do paypal, should references be asked for? Guess sellers need to buy the buyer first.

2 June 2011, 05:54 AM	#39
bkandj2000 Member Join Date: Oct 2009 Real Name: B A Location: Oklahoma Watch: None specifically Posts: 651	As we speak, coincidentally or not, I have a watch missing in transit. It has made a trip half way around the world in 3 days only to go missing while "out for delivery". Several hours past the delivery commitment time and no where to be found. No communication from the carrier unless I initiate contact. I have 3 outlets to claim against if it never shows up. I would have -0- if I would have wired the money. It sucks, but not as much if I was just left hanging in the wind with only a bank wire receipt.

7 June 2011, 05:41 AM	#44
buke45 Banned Join Date: Jun 2010 Real Name: Juan Location: Ponce, PR Watch: Your Butt Posts: 1,464	As a buyer I love Paypal and gladly pay the extra 3%. with Paypal I use my Credit Card and I have double protection against scammers. I just bought a DD 118238 all went great.

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