closing tag is in template navbar
timefactors watches



TZ-UK Fundraiser
Results 1 to 14 of 14

Thread: 10 dollar watch

  1. #1

    10 dollar watch

    Not sure if this is covered but just read this on hodinkee

    https://www.hodinkee.com/articles/gi...-dollars-found

  2. #2
    Master Wolfie's Avatar
    Join Date
    May 2013
    Location
    Leicester
    Posts
    7,116
    Blog Entries
    1
    We all dream of finding something like that, but, I’m not sure how I’d feel about parting with £10 for something that I knew could be significantly more valuable... I hope he tries to seek out the seller to buy him a rather large drink

  3. #3
    Apprentice
    Join Date
    Aug 2017
    Location
    Ireland
    Posts
    24
    Any idea how much it would really be worth?

  4. #4
    Call me a cynic, but I refuse to believe any of that.

  5. #5
    It does seem a bit too good to be true. Especially in this day in age where a quick Google search and you can get an idea of what something is worth.
    Fair play to him if it's genuine though

  6. #6
    Quote Originally Posted by Robins View Post
    It does seem a bit too good to be true. Especially in this day in age where a quick Google search and you can get an idea of what something is worth.
    Fair play to him if it's genuine though
    Even without Google, Rolex is a big name. I suppose the seller might assume it's a fake, but still...

  7. #7
    Quote Originally Posted by Wolfie View Post
    We all dream of finding something like that, but, I’m not sure how I’d feel about parting with £10 for something that I knew could be significantly more valuable... I hope he tries to seek out the seller to buy him a rather large drink
    Yes, the ethics behind it aren’t straightforward.

    The seller has been incompetent not to notice it is at least *possibly* a Rolex Submariner (hardly esoteric). But, then, don’t we all make mistakes and oversights? Are we not grateful when others point them out, rather than seeking to capitalise on them?

    I suppose if the owner bought it with the intention to wear and enjoy the watch if it turned out to be genuine, then fair enough. If the owner immediately sells it on for the £x,000 it’s presumably worth, then perhaps he should try and find the flea marketeer and at least give him a few thousand - just to share the luck around.

  8. #8
    Banned
    Join Date
    Feb 2018
    Location
    New Zealand
    Posts
    110
    He has wisely elected not to have it serviced by Rolex. If he does sell the watch, then in my opinion the right thing to do would be to give the previous owner half of the proceeds.

  9. #9
    Master Neilw3030's Avatar
    Join Date
    Feb 2015
    Location
    Exeter, Devon, UK
    Posts
    4,048
    Having just read that, I find it hard to believe. Everyone knows the Rolex name so why would you not check if it’s real before putting it on sale even if you think it’s fake, there is way too much money at stake.
    And I do have a little discomfort at looking at something, guessing it could be very valuable and not discussing or mentioning the fact, it’s a bit like picking up a dropped wallet stuffed with money and an address and keeping it.

  10. #10
    Craftsman
    Join Date
    Mar 2016
    Location
    London
    Posts
    337
    Guess the original seller probably thought it was fake which is probably why he sold it at the price in the first place.

  11. #11
    Master
    Join Date
    Sep 2006
    Location
    Hereford
    Posts
    1,685
    On a completely different level, but I managed to pick up a vintage Tudor last year at a car boot sale for £0.50. Unfortunately it was a ladies model but a very good find nonetheless.

  12. #12
    Apprentice
    Join Date
    Feb 2018
    Location
    Saratoga, CA
    Posts
    80
    If the Rolex in question is indeed authentic, doesn't the seller bear the overall responsibility for this particular oversight? While it would be commendable to inform and compensate the purveyor, countless buyers have also purchased fake Rolexes at garage/estate sales thinking they got the real deal for an attractive price.

    It all balances out in terms of the big picture. Call it "stupid is as stupid does" or "en caveat emptor."

    If someone offered you an Aston Martin Lagonda for the price of an old Morris Minor, would you stop to explain the actual price differential or simply write a check and motor off into the sunset?

  13. #13
    Journeyman
    Join Date
    Apr 2017
    Location
    London
    Posts
    73
    Lucky git!

  14. #14
    I've told similar tales to my wife on occasion....

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Do Not Sell My Personal Information