Madoff's Rolex 6036 Jean Claude Killy

[gankaku99]

I just heard that the woman who had bought the Miami Rolex 6036 "Jean Claude Killy" at Bernie Madoffs auction for $31,000, just sell it for $80.000.
She also said in a newspaper that the watch had been once own by Jean Claude Killy.

Incredible price ....but amazing watch.

[mdw3]

Originally Posted by gankaku99

I just heard that the woman who had bought the Miami Rolex 6036 "Jean Claude Killy" at Bernie Madoffs auction for $31,000, just sell it for $80.000.
She also said in a newspaper that the watch had been once own by Jean Claude Killy.

Incredible price ....but amazing watch.

Actually, this watch, like most of Madoff's vintage watches, was pretty much a bag of garbage. Basically all of his vintage Rolex watches, other than maybe one Paul Newman Daytona, had ugly refinished dials, lousy cases, and were generally pretty sad-looking. I guess if that sort of provenance is intriguing to you, then great, but I think for most people that chapter in American finance would be one better off forgotten.

Michael

Oh, and just for comparison, I am personally aware of a VERY nice and original JCK that has sold not long ago for $200,000. So you know how lousy the Madoff watch really was.

[gankaku99]

HI Michael ,
Have you seen the watch to talk with as much precision, because on picture she looked beautiful.
Regarding the provenance , that is as exciting as the last cadillac of Al Capone or Michael Jackson glove . This adds value, I think.

[oinkitt]

Originally Posted by gankaku99

HI Michael ,
Have you seen the watch to talk with as much precision, because on picture she looked beautiful.
Regarding the provenance , that is as exciting as the last cadillac of Al Capone or Michael Jackson glove . This adds value, I think.

Ive seen it....its crap

Pictures are on the net somewere.

The guy had no taste never mind an "eye"

[mrarchiegoodwin]

Hi All:

I saw the ad for the Bernie Madoff JCK watch when it was on eBay and elsewhere. I thought it was a bargain price--around $30,000--for a JCK. But if the seller, supposedly an experienced trinket dealer, wanted to fetch the highest price for it why were the pictures so fuzzy and small? One picture showed more of a woman's fingers and diamond ring than the watch. Also, the ad listed the case material as platinum, but no close-ups of hallmarks.

I'm a novice but I thought the JCK watch, nickname for a Rolex annual calendar chronograph, was made with a steel case. If Bernie Madoff's was platinum it must have been especially rare so how could the price have been set for around $30,000? Even to a novice like me the price seemed too good to be true and the pictures too bad to be credible.

If the person who bought it was able to more than double her money in such a short time period then good for her if she had done it honestly. How likely is it that the watch belonged to both Bernie Madoff and Jean Claude Killy? The dealer's ad that I saw did not mention Jean Claude Killy as a former owner--one assumes that such a dealer (who had listed Bernie Madoff and platinum case) would have done so. So the woman who sold it at such a profit might have embellished the watch's history with Jean Claude Killy as previous owner. I hope not.

RC

[mdw3]

Originally Posted by gankaku99

HI Michael ,
Have you seen the watch to talk with as much precision, because on picture she looked beautiful.
Regarding the provenance , that is as exciting as the last cadillac of Al Capone or Michael Jackson glove . This adds value, I think.

Lipstick on a pig. Lousy watch for a lousy guy. It looks beautiful if your idea of beauty is all refinished with no original vintage features.

Also, no Al Capone or Michael Jackson here. Nothing romantic or exciting about what he did. Just a freeloading, self-delusional piece of garbage. Your opinion may vary!

Michael

[cruvon]

I won't be surprised if it came with some agency sale documentation when his belongings were sold off to raise money to pay his creditors. I guess in this case it doesn't really matter to these buyers if the watch itself is fully genuine or not, it's the notoreity of the owner thats helping make the sale (a punt for the future?) and all that matters to them is that it actually belonged to him, any documentation to prove that is in their eyes a plus. Such items will always have some collectable atraction to some, offcourse more if was a fully genuine 6036.
Plus who knows, in 30years people might look at Madoff as a famous financial criminal like those immortalised at Alcatraz from when it was a “super max” penitentiary housing dangerous minds or like other famous criminal minds worldwide who's stories about greviously breaking the law are repeated again and again long after their misdeeds have been forgotten and have a way of mysteriously getting converted to unjust heroics.

Should we really be immortalising criminals? While I think not, atleast history and the media/public interest in them proves that interest in them isn't going to wane any time soon; hence the more than doubling in the watch's price in my opinion! A Madoff movie next?

[C6MMVI]

When I was looking for a vintage Submariner, my Rolex go to guy, had just purchased Madoff's 5513.

The watch was in really nice original shape and a little over what I wanted to spend.

In retrospect, even if the watch was offered to me at 50% of value, I still couldn't buy it. I would be thinking of the POS everytime I looked at my wrist and how much misery this guy had caused so many famillies.

I think the watch is still for sale.

[Keeperoftime]

Dial sure is clean....

[mdw3]

Originally Posted by Keeperoftime

Dial sure is clean....

Yeah. Clean, fake. Oh, and NOT platinum. And NOT owned ever by THE Jean-Claude Killy. Never even close.

Michael

[gwalker]

I saw the 1930s Madoff Rolex that was on pawn stars. It looked nice but many parts had been replaced killing the value. I'd imagine many of his other prices had original parts replaced as well.

He WILL NOT be considered some "heroic criminal" say like Capone who was a bootlegger in prohibition or other famous mobsters. The POS stole money from widowed old ladies, old retired couples on fixed incomes, young families trying to start a life, etc.. Nothing about how he ruined thousands of lives will ever be remembered in a good way and we all should just forget him.

[harry in montreal]

you would think that people would have the good sense to omit the "provenance" of items from this thief's collection. it was all blood money. even worse, he stole from women and children and charities. i personally equate his items as buying stolen property on a moral level.

[evilfij]

Originally Posted by harry in montreal

you would think that people would have the good sense to omit the "provenance" of items from this thief's collection. it was all blood money. even worse, he stole from women and children and charities. i personally equate his items as buying stolen property on a moral level.

The sales are going to pay back his victims.

[mdw3]

Originally Posted by evilfij

The sales are going to pay back his victims.

Only the pathetic original government sponsored auction. All subsequent profiteer sales, such as the one being discussed in this thread, do nothing other than fleece a whole new group of citizens.

Michael

[datejust24]

wasn't this the same watch that some guy brought in on Pawn Stars?...pretty sure it is..

[vintagewaferthin]

Originally Posted by datejust24

wasn't this the same watch that some guy brought in on Pawn Stars?...pretty sure it is..

No, the one that was on pawn stars was a 18k bi compax chrono.

[datejust24]

Originally Posted by vintagewaferthin

No, the one that was on pawn stars was a 18k bi compax chrono.

I stand corrected, thank you sir.

[vintagewaferthin]

Originally Posted by datejust24

I stand corrected, thank you sir.

your very welcome.

[motoikkyu]

Please also be aware that many, many non-profit organizations had their entire endowments with Madoff's ponzi-house. That means these organizations, now bankrupt, can no longer do good for others because of that man's crimes. Capitalism is hard enough without having to compete with cheats.

[DrLindaPhD]

I also saw the Madoff watch on Pawn Stars. Even they didn't want it ! ! ! Why is anything of his being sold off to public auction? It should go to the people he robbed. Why would anyone want anything that belonged to him? The person who paid $80,000 for that watch obviously wasn't one of the people he ripped off ! ! !

[vintagewaferthin]

Originally Posted by DrLindaPhD

I also saw the Madoff watch on Pawn Stars. Even they didn't want it ! ! ! Why is anything of his being sold off to public auction? It should go to the people he robbed. Why would anyone want anything that belonged to him? The person who paid $80,000 for that watch obviously wasn't one of the people he ripped off ! ! !

I agree 100 percent!

[Michael M.]

A crappy watch for a crappy guy...ruined countless people's life's!!

[gankaku99]

Now that the watch has changed hands twice since own by Madoff ; try to refocus your messages on the watch .

The influence has had a owner of an object older than 60 years, has little effect on the piece itself.

Looking at the pictures of MDW3, of course it is not platinum, maibe it was never own by JCK and as written in the description of the auction:" silver white dial was apparently professionally refinished "

Considering that the last 6036 that I saw was offers to sale for $ 160,000 and was in pitiful condition, it seems to me that the buyer who paid $80,000 is in the value for his money.

To conclude if the new owner wear it from time to time, it may enjoy the watch and so do I looking at the pictures .

[patek.wis]

Looks like someone was investing in madoff futures!!

[jolimont]

And the ironic thing is, apparently Rolex lost a ton of money to Madoff as well

[gankaku99]

Originally Posted by jolimont

And the ironic thing is, apparently Rolex lost a ton of money to Madoff as well

Why is that

[mdw3]

Originally Posted by gankaku99

Why is that

Because he stole money from a fund that Rolex had indirectly invested in Bernard L. Madoff Securities, just as he stole from everyone for whom he made "investments." He was a thief-- an uptown-living, country club-dwelling, Belgian Shoe-wearing thief, but a thief nonetheless.

Michael

And $80,000 for a lousy refinished dial 6036 is substantially over market.

[gankaku99]

What you say about others, often says more about you than the one you have just mentioned.
Enough for me to pinpoint you,
Have fun and good investment ....

[harry in montreal]

gangaku, you make an interesting point that could apply to many different threads on this forum where people make off-base comments.

however, you were the one that pointed out the provenance of this piece thinking that it was interesting. others, myself included were quick to point out that anything from this theif's personal collection of artifacts makes me want to puke.

so did you buy this JCK watch, or do you simply not understand the extent of madoff's crimes?

[gankaku99]

In any of my post I was talking about Madoff , except to locate the origin of this very well known watch and to allow web users to do their research.
If you deduct from that my affinities and fascination, I refer you to my previous post.

That said, I find it incredible that you can not get a objective opinion on this watch without being polluted by consideration that have no influence on the object itself.
As if the music of Wagner was only comment with nazism thoughts
No !! Music is Music, and nazism is nazism ....
I am clear enough , or do you need more explanations.

If you can give your clear opinion on this watch I am enormously interested because I have already been able to judge your expertise in this field in other post.
As for your comments on Madoff, the devil, affinities, fascination, reluctance to speak ; talk to your therapist when you're down on the sofa , he is much more qualified then me in this matter .