Long complicated trade to a $95 Rolex Sub. Really.

[mlehman]

Originally Posted by Idle Swede

You did good, there's always a complainer out there.

If have learned anything on this forum, it is when Idle Swede says "You did good"..well then you did good and the case is closed..NO need to worry about the rest of the party poopers on here

don`t let the other people bullshit you..they would have done the same as you..but would have hid it in shame from everyone else

[Idle Swede]

Originally Posted by Double_J

Yes we are. And that's a very nice sweater you're wearing.

Thanks, I traded it for a pair of old worn out shoes.

[mlehman]

Originally Posted by Idle Swede

Thanks, I traded it for a pair of old worn out shoes.

WHAT..are you crazy for posting that here..

[Pep04]

Originally Posted by Rscmaine

Mine is model # 16610 T Serial Z 250X an early z serial - check out the other Z for sale in the trade section - also Z but no RRR.

http://www.rolexforums.com/showthread.php?t=107797

I, again, stand corrected. And with that said, why this is this thread an issue? Or why has it become an issue?

If someone that make a living on under estimating the value of peoples goods comes up to any one of us and says "hey love your watch, I'll give $30k for it", fine some will say hey its just a (fill in the blank). But me, for example, would say, "You want to pay me $30k for a GMTIIc? Even though the bezel is aftermarket (an example like the OPs)?".... My answer would definitely be "HERE YOU GO MY MAN. WEAR IT IN GOOD HEALTH!!!"

No one here can honestly say that they would walk away from this type of deal. It is a pawn broker, not a little old lady with food stamps. And the only reason why I stress that it is a pawn broker is because he buys and sells for a living not because of the moral or immoral reputation these guys have. If a car mechanic pays $500 for an oil change on a Ford F-150, he's an idiot because he knows what it should cost, it's in the realm of his business.


Americans is constantly being babied. "I didn't know." "The government should tell me not to do that." You are an adult and you should know that McDonalds food will make you fat and unhealthy, cigarettes will kill you, alcohol will impair you and no a cocktail of 20 different prescription pills isn't good for you.

Enough!!!!! if you don't know what you are buying then don't buy it. Just like the Watchout section. While it is very helpful on some very tricky sales, we all have seen the obviously fake and ridiculously fake and monstrous pieces. And whether or not you know anything about watches, if you bid on one of these monsters and think that its good idea to bid $500 on a watch which has the picture so blurred you can't make out what it is, then you deserve to loose $500.

Maybe a 10 year old thinks that he can get a real Rolex for $500, but if it's an adult does, then he is being an idiot that THINKS he's getting away with something.

Ok ok m rant is over.

[BASSETHOUNDS]

Originally Posted by Pep04

I, again, stand corrected. And with that said, why this is this thread an issue? Or why has it become an issue?

If someone that make a living on under estimating the value of peoples goods comes up to any one of us and says "hey love your watch, I'll give $30k for it", fine some will say hey its just a (fill in the blank). But me, for example, would say, "You want to pay me $30k for a GMTIIc? Even though the bezel is aftermarket (an example like the OPs)?".... My answer would definitely be "HERE YOU GO MY MAN. WEAR IT IN GOOD HEALTH!!!"

No one here can honestly say that they would walk away from this type of deal. It is a pawn broker, not a little old lady with food stamps. And the only reason why I stress that it is a pawn broker is because he buys and sells for a living not because of the moral or immoral reputation these guys have. If a car mechanic pays $500 for an oil change on a Ford F-150, he's an idiot because he knows what it should cost, it's in the realm of his business.


Americans is constantly being babied. "I didn't know." "The government should tell me not to do that." You are an adult and you should know that McDonalds food will make you fat and unhealthy, cigarettes will kill you, alcohol will impair you and no a cocktail of 20 different prescription pills isn't good for you.

Enough!!!!! if you don't know what you are buying then don't buy it. Just like the Watchout section. While it is very helpful on some very tricky sales, we all have seen the obviously fake and ridiculously fake and monstrous pieces. And whether or not you know anything about watches, if you bid on one of these monsters and think that its good idea to bid $500 on a watch which has the picture so blurred you can't make out what it is, then you deserve to loose $500.

Maybe a 10 year old thinks that he can get a real Rolex for $500, but if it's an adult does, then he is being an idiot that THINKS he's getting away with something.

Ok ok m rant is over.

X1000 , AMEN ! Best analysis of this thread turned issue that anyone could come up with so far

[Idle Swede]

Originally Posted by mlehman

WHAT..are you crazy for posting that here..

Don't worry, I told the buyer they were worn out.

He was also a shoe sales man and he, Mr. Bundy told me he liked them.

[Safetrends]

Originally Posted by Pep04

I, again, stand corrected. And with that said, why this is this thread an issue? Or why has it become an issue?

If someone that make a living on under estimating the value of peoples goods comes up to any one of us and says "hey love your watch, I'll give $30k for it", fine some will say hey its just a (fill in the blank). But me, for example, would say, "You want to pay me $30k for a GMTIIc? Even though the bezel is aftermarket (an example like the OPs)?".... My answer would definitely be "HERE YOU GO MY MAN. WEAR IT IN GOOD HEALTH!!!"

No one here can honestly say that they would walk away from this type of deal. It is a pawn broker, not a little old lady with food stamps. And the only reason why I stress that it is a pawn broker is because he buys and sells for a living not because of the moral or immoral reputation these guys have. If a car mechanic pays $500 for an oil change on a Ford F-150, he's an idiot because he knows what it should cost, it's in the realm of his business.


Americans is constantly being babied. "I didn't know." "The government should tell me not to do that." You are an adult and you should know that McDonalds food will make you fat and unhealthy, cigarettes will kill you, alcohol will impair you and no a cocktail of 20 different prescription pills isn't good for you.

Enough!!!!! if you don't know what you are buying then don't buy it. Just like the Watchout section. While it is very helpful on some very tricky sales, we all have seen the obviously fake and ridiculously fake and monstrous pieces. And whether or not you know anything about watches, if you bid on one of these monsters and think that its good idea to bid $500 on a watch which has the picture so blurred you can't make out what it is, then you deserve to loose $500.

Maybe a 10 year old thinks that he can get a real Rolex for $500, but if it's an adult does, then he is being an idiot that THINKS he's getting away with something.

Ok ok m rant is over.

I am sure glad someone else has this kind of moment like I do sometimes.

[CoopJr]

Popcorn Eddie?

BTW, anyone else notice that "Desserted" got himself banned?

[rerubin]

Originally Posted by Rscmaine

I just read how Rubin got a Milgauss as a present (apparantly he has never even bought a Rolex) - then he joined this board to tell us all about his expertise. (and instruct us in the proper way to buy and sell watches, from his deep and well earned experience)

Some of the posters here (like me) have been buying, selling and trading in them for over 30 years.

I've bought watches for $600 (the sellers ASKING price) and sold them the same day for $1800. That was a vintage cal. 12 Heuer Carrera which I got in New York and sold in Ireland. The seller was happy and the buyer was thrilled as it filled out his collection. I was quite pleased too.

I've bought blurry pictures on Ebay which turned out to be nice Omega's, Breitlings and Vietnam era combat worn O&W's (look it up R).

I've also bought lots of watches which turned out to be 36mm paperweights. At one point I had so many unusable POS dead watches that I epoxied them to clocks at the hour markers and sold the clocks for $35 - they looked pretty cool too.

I've also had packages stolen by the Royal Mail (2 last year which cost me about $1,000), had people call 2 months after buying a watch and say they "changed their mind" and would I please provide a full refund...

I've had every possible scam tried on me - let's not even go there. That is a book in and of itself.

So, I posted one deal (out of literally hundreds) where I actually tracked the chain from start to finish and suddenly the morality police show up?

I had ancestors on the Mayflower - my wife had ancestors who met the boat

Sorry, Rubin, but there are no more Puritans.

Not sure why all the defensiveness if that is the case. Like I said, to each his own. If you are happy dealing with people as exemplified in this particular transaction (as well as your example of someone happily trading you what you know to be an expensive older watch for a cheaper new one), you can certainly continue to do it.

FYI, I have bought Rolex watches for others, but you are correct, I just got my own first Rolex as a present.

But I have been in business (not as a watch dealer, granted) for many, many years and I do think there are standards for doing business with others that differ quite a bit from yours.

Congratulations on having ancestors that you can trace back to the Mayflower. I guess.

[jameshe]

Not to post too OT, but that 'Morellis' finish is very cool - not my 'cup of tea', but absolutely unique. Gives it a really flashy look inline with the aftermarket bezel and dial.

You did a great job in restoring it with the original bezel and dial - i bet you took great pride in completing your search in doing so. You deserve every cent you gained from what you did, irrespective of the guilt trip being directed at you by other members.

Congratulations buddy, I admire what you have done

[Welshwatchman]

Originally Posted by rerubin

But I have been in business (not as a watch dealer, granted) for many, many years

You wouldn't happen to be a pawn broker by any chance?

[Rscmaine]

Originally Posted by Welshwatchman

You wouldn't happen to be a pawn broker by any chance?

[Double_J]

Originally Posted by rerubin

Not sure why all the defensiveness if that is the case. Like I said, to each his own. If you are happy dealing with people as exemplified in this particular transaction (as well as your example of someone happily trading you what you know to be an expensive older watch for a cheaper new one), you can certainly continue to do it.

FYI, I have bought Rolex watches for others, but you are correct, I just got my own first Rolex as a present.

But I have been in business (not as a watch dealer, granted) for many, many years and I do think there are standards for doing business with others that my differ quite a bit from yours.

Congratulations on having ancestors that you can trace back to the Mayflower. I guess.

Rerubin, while I absolutely respect your sense of integrity and honor, I do have to ask - what is your notion of a 'fair' profit and what makes that more correct than somebody else's notion of 'fair'.

I don't understand your issue with this. The pawn shop owner had all of the relevant facts about the watch itself and made up his own mind about the value he was willing to give to have it.

If I offer my AD 20% over list to buy a certain watch, are they wrong for not taking me down? I don't think you'll find a soul on Earth that would put the blame on them and their non-action certainly would not prevent me from doing business with them again.

[Idle Swede]

.

BREAKING NEWS!!

I just found out that Mr. Al Bundy, (my trading partner) just sold my worn out shoes to a fat woman that came in to his store for $500.

I feel cheated because I didn't know they were worth that much, can I sue him?

I called the law firm of Haagen & Daaz, (where Deserted happen to work) and they said I might have a case.

What do you guys think?

[BASSETHOUNDS]

Originally Posted by CoopJr

Popcorn Eddie?

BTW, anyone else notice that "Desserted" got himself banned?

What a shame , why ? did his signature say : Vacheron Constantin " Tour de L'ile " coming soon ?

[BASSETHOUNDS]

Originally Posted by Idle Swede

.

BREAKING NEWS!!

I just found out that Mr. Al Bundy, (my trading partner) just sold my worn out shoes to a fat woman that came in to his store for $500.

I feel cheated because I didn't know they were worth that much, can I sue him?

I called the law firm of Haagen & Daaz, (where Deserted happen to work) and they said I might have a case.

What do you guys think?

You should use Farggi & Farggi lawfirm
they are on Frusen Glädjé blv
ask for Ben or Jerry

[Double_J]

I have a grudge against Haagen & Daaz. They never told me that eating 20 pints of their ice cream in one sitting would make me fat. Shady lot, the bunch of them.

Try the firm of Morris and Reynolds instead.

[kkwn98]

Originally Posted by rerubin

Not sure why all the defensiveness if that is the case. Like I said, to each his own. If you are happy dealing with people as exemplified in this particular transaction (as well as your example of someone happily trading you what you know to be an expensive older watch for a cheaper new one), you can certainly continue to do it.

FYI, I have bought Rolex watches for others, but you are correct, I just got my own first Rolex as a present.

But I have been in business (not as a watch dealer, granted) for many, many years and I do think there are standards for doing business with others that differ quite a bit from yours.

Why all the defensiveness? Well, some thoughts:

1. You seem to think the OP was like an AD ripping off an unsuspecting person off the street (the pawnbroker). It seems to escape you the pawnbroker is a professional, and that the business he did with the OP was basically what the pawnbroker does for a living. But in your curious world, the pawnbroker is the little old lady being ripped off by a conniving AD.

As for the whole thing about the "$30,000 watch", you would do well to read post #122.

2. Certain posters, like rolexsubdate, have basically called the OP a thief, liar and cheat.

[Idle Swede]

Originally Posted by BASSETHOUNDS

You should use Farggi & Farggi lawfirm
they are on Frusen Glädjé blv
ask for Ben or Jerry

I called Dowie, Screwem & Howe first of course.

[Rscmaine]

Originally Posted by kkwn98

Why all the defensiveness? Well, some thoughts:

1. You seem to think the OP was like an AD ripping off an unsuspecting person off the street (the pawnbroker). It seems to escape you the pawnbroker is a professional, and that the business he did with the OP was basically what the pawnbroker does for a living. But in your curious world, the pawnbroker is the little old lady being ripped off by a conniving AD.

As for the whole thing about the "$30,000 watch", you would do well to read post #122.

2. Certain posters, like rolexsubdate, have basically called the OP a thief, liar and cheat.

I actually believe I have shown remarkable restraint. My cardiologist will be so proud.

[Safetrends]

Originally Posted by Idle Swede

.

BREAKING NEWS!!

I just found out that Mr. Al Bundy, (my trading partner) just sold my worn out shoes to a fat woman that came in to his store for $500.

I feel cheated because I didn't know they were worth that much, can I sue him?

I called the law firm of Haagen & Daaz, (where Deserted happen to work) and they said I might have a case.

What do you guys think?

I am sorry but I have to chime in.

:r ofl:

[Safetrends]

Originally Posted by CoopJr

Popcorn Eddie?

BTW, anyone else notice that "Desserted" got himself banned?

Which avatar did he have to spark my old memory........

[STEELINOX]

Originally Posted by Safetrends

I am totally confused, January 1 2010 at 10:00 I went to bed and this thread was going to Star Trek, I just started reading and now a battle between President and Day Date is going on.

WTF?????????????????????
Yes, I had a sleep period and BAM, this things gonna hit 10 pages !

Boy this thread turned quickly.

Originally Posted by Rscmaine

is that the watch first got that name long after Rolex presented a watch to Eisenhower - and the actual watch they gave him was a Datejust on a jubilee bracelet.

It was presented to him by Rolex when he assumed the position of Supeme Commander of NATO (not the White house).

From Jake's Rolex Watch Blog - Rolex introduced the Day-Date with the "President" band in 1956, but I don't think they called the bracelet the "President" bracelet in 1956 because they promised Dwight Eisenhower they would not commercialize the fact that he wore a Rolex, so my best guess to date is that Rolex saw President Johnson wearing a Day-Date with a Day-Date band and decided to rename the bracelet to the "President" bracelet.

We frequent 'Jakes place' a lot; I nab photos regularly, if he opens a ROLEX BAR, he would b the richest man in California; 'hey Leo, IDEA' !
All photo's courtesy of Jake's - great site!

Originally Posted by Rscmaine

This is the most fun I've had in ages!

----------

Originally Posted by Idle Swede

.
-------------
Yes, we do read the blog around here.

Originally Posted by Idle Swede

I was satisfied at post 1. I was satisfied when the OP walked into the Pawnshoppe ! [Ok, that wasnt funny]

Originally Posted by Rscmaine

Just giving credit where due. Jake has done a ton of remarkable research - and if I borrowed his picture without saying where they came from, the villagers would storm the castle with their torches and pitchforks saying that I had stolen them.
You're still my kinda guy !


Remember, there are Puritans here, watching our every move!

Originally Posted by Idle Swede

Don't worry, I told the buyer they were worn out.
I hope those werent a certain 'KINGS' tennees !
He was also a shoe sales man and he, Mr. Bundy told me he liked them.

Originally Posted by rerubin

Not sure why all the defensiveness if that is the case. Like I said, to each his own. If you are happy dealing with people as exemplified in this particular transaction (as well as your example of someone happily trading you what you know to be an expensive older watch for a cheaper new one), you can certainly continue to do it.

FYI, I have bought Rolex watches for others, but you are correct, I just got my own first Rolex as a present.
Congratulations, now here's some popcorn !



Congratulations on having ancestors that you can trace back to the Mayflower. I guess.
Hey, those are my ancestors too !

Originally Posted by jameshelliwell

Not to post too OT, but that 'Morellis' finish is very cool - not my 'cup of tea', but absolutely unique.
Yes, I like it too; never seen it before... Gives it a really flashy look inline with the aftermarket bezel and dial.

You did a great job in restoring it with the original bezel and dial - i bet you took great pride in completing your search in doing so. You deserve every cent you gained from what you did, irrespective of the guilt trip being directed at you by other members.

Congratulations buddy, I admire what you have done

Come on fellas we can get this thread to twenty by Kickoff tomorrow !

Thanks,
Randy

[rerubin]

Originally Posted by Double_J

Rerubin, while I absolutely respect your sense of integrity and honor, I do have to ask - what is your notion of a 'fair' profit and what makes that more correct than somebody else's notion of 'fair'.

I don't understand your issue with this. The pawn shop owner had all of the relevant facts about the watch itself and made up his own mind about the value he was willing to give to have it.

If I offer my AD 20% over list to buy a certain watch, are they wrong for not taking me down? I don't think you'll find a soul on Earth that would put the blame on them and their non-action certainly would not prevent me from doing business with them again.

My issue is simply that the man remarked "that's a $30K watch." It was not a 30K watch (far from it), and the seller knew that, so I think that fact should have been disclosed. Simple as that.

The seller then went on to post in this thread a hypothetical in which someone approaches him with an older, somewhat beat up watch (but one that was quite valuable) and wanted to trade him for a new (less valuable) one. He asked me what I would do, after stating that he would see nothing wrong with doing the trade. My view was that one should tell the person about the value of the watch and then steer him or her to where to sell it and get the funds to buy the new or newer Rolex he or she wants.

That example (as does the original transaction) appears to me to portray a view that it is OK to take advantage of someone's ignorance concerning what can be a very large disparity in value, and I don't agree with that.

Doesn't matter that the person in the trade that opened this thread was a pawnbroker. Who you deal with should not determine standards in how you conduct business.

I have no position on what constitutes a fair profit. As the seller correctly observed, I am not a watch dealer. My point is about disclosure.

Just my opinion. As stated over and over.

[Double_J]

Steelinox - I'll pay you $4,000 for that tub of popcorn.

[snow_rocks]

Originally Posted by Rscmaine

I had ancestors on the Mayflower - my wife had ancestors who met the boat

Sorry, Rubin, but there are no more Puritans.

My ancestors owned the Mayflower, and your wife's ancestors worked for them!

And none of them were PURITANS!

[Safetrends]

Ok Randy I will bite but listen up I am going to be as nice as I can so I do not get in any more trouble on this thread.

[BASSETHOUNDS]

Originally Posted by Idle Swede

I called Dowie, Screwem & Howe first of course.

Ok , this may prove more expensive but at least the offices are around the corner of you .

[Safetrends]

Originally Posted by snow_rocks

My ancestors owned the Mayflower, and your wife's ancestors worked for them!

And none of them were PURITANS!

Thats alot of shi*

[snow_rocks]

Originally Posted by Safetrends

Thats alot of shi*

I'm serious, they were not Puritans!