Robbery Robbed of Rolex Day Date 40 228206 in Southern California

[NoVaSubowner]

Originally Posted by GoingPlaces

Wow. Thats really too bad, sorry OP. I hope you get justice here. So fed up with crime.

Personally selling for me would be the same as buying, trusted sellers only. TRF has quite a few. I'll take a hit on price to know it's legit.

Amen. Selling watches has recently become a time management issue. Now it seems it's a persona; safety issue. I would rather take an hour and call or email 5-10 known sellers. Difference in price between me selling privately vs a dealer isn't worth my time or my life...

[Fanofsteel]

Terrible that this happened, but the bright side is that you are wiser for it, and still alive. The scum of the earth are out for themselves, period. If it came down to it, that guy likely would not hesitate to shoot you to get you off his back.

[brandrea]

At the very least I’d report the watch stolen to Rolex. If the watch is fenced and resold the serial number might get a hit in their system.

By now, I think the watch is on its way to a new “owner” anyway. It really is awful because now there are potentially two victims of the crime.

[brandrea]

And … just as a tiny ray of hope, you may find PaulG’s story interesting to read. It has a happy ending:

https://www.rolexforums.com/showthre...573127&page=19

[LAS45]

Hopefully the criminal will get caught and the watch will be returned to you.


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[OG1982]

Originally Posted by 1665fan

Damn dreadlock loser gonna buy a platinum DD…. What were you thinking????

What on earth has a persons hairstyle got to do with their means to buy a watch?

[Awaken]

You should sell another watch and phish him back in this time with the cops hidden

[dracarys]

Originally Posted by 1665fan

Damn dreadlock loser gonna buy a platinum DD…. What were you thinking????

My Rolex SA has dreads. So what? What does that have to do with anything?

Jesus. What a BS comment.

[np2016]

@eepro Even a taser would have created a different outcome.

[brandrea]

Originally Posted by np2016

@eepro Even a taser would have created a different outcome.

Problem is …. The bad guys are, well bad. Escalating the situation isn’t the answer IMO.

Hindsight is 20-20 but the perps have clearly been at this game a while.

[OG1982]

Originally Posted by LA_LEC

Another racist added to the ingore list

[bullies]

Originally Posted by 1665fan

Damn dreadlock loser gonna buy a platinum DD…. What were you thinking????

https://www.youtube.com/watch?v=iG-rJF2rq5U


Sorry to hear OP.
Hope the watch is recovered and the thieves get their karma.

[Rico_Brasole]

Best of luck, I hope you have a resolution to this which makes you whole again.


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[Driver8]

Originally Posted by brandrea

Ibtl

Yes, this otherwise informative thread is going downhill a bit in places. IBTL too.

[Bstewart]

The second most sickening part of this (besides the actual theft/assault from punching your hand) is the fact that you know this lowlife is out there reading all of this and probably amused.

[Cloudchaser]

"Obviously this criminal went to great pains to try to insulate himself from being traced back to his real identity. He failed, but he tried very hard."

Wait...you know his real identity? This seems the buried lede here...

[Fleetlord]

Originally Posted by Danny83

He contacted me about a Daytona I had for sale. So when he told me he wanted to meet me at the Jewler to get it opened up. I told him that that’s a no, especially since he had no references. I asked him to leave me a deposit to meet him and I knew something was up.


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This a perfect way to handle this.

No interest whatsoever in dealing with someone who needs to verify authenticity or meet at a jeweler or any of that nonsense...

[Modiferous]

So when you buy a watch from a private individual you just wire him the money and hope he ships it.

Or when a seller sells a watch to a private individual he expects the buyer to just take his word for it that the watch is genuine.


Within a known network - there is trust. When either buyer or seller doesn't know each other, there has to be some way to establish trust.

Anyway I sold three watches to private individuals and the way it worked always had to do with meeting at a jeweler to have the watch authenticated prior to payment. Most of these dealers will tell you that they would be willing to do the same, no matter what they post in this thread, it's just a question of trying to verify that the buyer is legitimate and who he says he is, before agreeing to meet him.

I think what Danny83 was saying anyway was that he was unwilling to allow the buyer to open up the watch, not that he was unwilling to have it looked at.


It's legitimate to say: I'll just sell to a known dealer and expect less, but anyone who posts nonsense like "I won't sell to anyone I don't know" or "I won't allow anyone to authenticate my watch before receiving payment" is not offering up anything real world helpful as far as private sale transactions.

[Michael T]

The OP should post the serial number in text here so a search on Google picks it up.

[jj312]

Originally Posted by Ollie1982

What on earth has a persons hairstyle got to do with their means to buy a watch?

I think we all know what this person is saying here.

[Bstewart]

Originally Posted by Michael T

The OP should post the serial number in text here so a search on Google picks it up.

I have no idea why he hasn't yet.

[worldofoyster]

did you contact Jayden and what's the serial# of the watch?

[sensui]

Originally Posted by Modiferous

It's legitimate to say: I'll just sell to a known dealer and expect less, but anyone who posts nonsense like "I won't sell to anyone I don't know" or "I won't allow anyone to authenticate my watch before receiving payment" is not offering up anything real world helpful as far as private sale transactions.

Actually from what transpired and feedback from others, the process seems clear to me.

1) You buy from someone with known feedback and know they have far more to lose from reputation vs the watch and follow the usual procedure of paying and then having the watch sent/delivered to you (trusted seller for example).
2) You buy from people with no history but expect concessions (usually in price/risk of authenticity etc) fully knowing the risks associated in you attempting to get the savings you want.

This is why from the seller's side, I don't see any reason to do what you did unless you were 1) Desperate to sell for various reasons (lack of sale history etc) and put yourself in a possible bad situation 2) Taking risks to try to gain more money vs dealing with a trusted seller etc that would take your watch in inventory/consignment.

I am glad you are ok physically (that's the most important) and hope the perp. gets what he deserves. But I always insist trust goes both ways and both sellers/buyers need to come to terms with respectable terms for a deal. Everyone is a grown up dealing with these types of sums and no one should be proceeding with anything they are not comfortable with from either side.

[train-time]

Originally Posted by sensui

Actually from what transpired and feedback from others, the process seems clear to me.

1) You buy from someone with known feedback and know they have far more to lose from reputation vs the watch and follow the usual procedure of paying and then having the watch sent/delivered to you (trusted seller for example).
2) You buy from people with no history but expect concessions (usually in price/risk of authenticity etc) fully knowing the risks associated in you attempting to get the savings you want.

This is why from the seller's side, I don't see any reason to do what you did unless you were 1) Desperate to sell for various reasons (lack of sale history etc) and put yourself in a possible bad situation 2) Taking risks to try to gain more money vs dealing with a trusted seller etc that would take your watch in inventory/consignment.

I am glad you are ok physically (that's the most important) and hope the perp. gets what he deserves. But I always insist trust goes both ways and both sellers/buyers need to come to terms with respectable terms for a deal. Everyone is a grown up dealing with these types of sums and no one should be proceeding with anything they are not comfortable with from either side.

I agree!

I am deeply saddened for the OP. I can't imagine going through this myself. This is a horrific experience and I hope that they catch this guy, and you get your watch back.

I joined the TRF 14 years ago and was somewhat active back then as a seller. As many people say about buying a watch, "buy the seller" well as a seller the opposite is true, you need to know the buyer. I could never imagine myself walking into a place I was not familiar with to meet someone I didn't know carrying a bag with a $75,000 watch with me. I don't think so! Too much risk for my appetite regardless of how long I was trying to sell the watch.

In retrospect if I were younger and braver, I think I would have hired a couple of muscular armed bodyguards for a few hours to accompany me to the meet. It would have been worth the expense to mitigate the risk.

It all boils down to risk appetite!

[whiterabbit66]

Something a little odd or maybe I am missing something?

1, Did the store know in advance you were meeting him for a potential transaction? If yes they may be partially culpable. They set the expectation of providing a safe place and maybe their insurance is liable.

2, Why on earth would a thief risk doing this in a jeweler store to begin with where there is a very high likelihood of a camera, locked door and maybe armed staff. If you are physically going to steal and run with a watch it would be easier to do this outside a bar etc at night. Got to wonder why the thief felt so comfortable doing this at the store.

3, Probably a good chance the store knows him or another store nearby. Do these stores require an ID when you sell them a high end watch? If so police should go to local stores to try and id him.

4, If 2 or 3 are not accurate they he probably was going to rob you with assistance between the store and bank.

[culvercity]

I'd suggest doing any kind of large transaction like this in California at a Police Station or Sheriffs Station.

[WilsdorfNDavis]

So why wasn't a $75K watch not insured?

Also...
I'm still of the opinion that the jewelry store is in on it somehow.

[EEpro]

Originally Posted by WilsdorfNDavis

So why wasn't a $75K watch not insured?

Also...
I'm still of the opinion that the jewelry store is in on it somehow.

Because at $1,500 per year it's like having a platinum watch get stolen in your lifetime either way.

[Deepseadog]

What's it like having to go home and tell your wife you just lost $75k? Yikes!

[dtwer]

I am sorry to hear this unfortunate story. Nothing saddens me more than unsuspecting people getting victimized by criminals.

This type of stories should also serve as a cautionary tale against the prevailing notion, among certain segments of the Rolex owners, that Rolex watches are a good investment vehicle.

For watch dealers, yes Rolex watches may be a good business. That's because dealers have the established sales channel to manage the risks associated with buying and selling. For individuals, such channel does not exist, as illustrated in OP's story. Rolex watches, as such, are not liquid enough to be a good investment vehicle for the casual watch owners.