did i get screwed? day date questions

[Im Lauf der Zeit]

This sticky on Rolex diamond bezels and related specs was right there in the TRF Reference Library if OP had bothered to look before buying:

http://www.rolexforums.com/showthread.php?t=289046

[Syed117]

This is unfortunate. That thing is an atrocity.

Going forward, you should always ask the experts here if you are unsure about anything Rolex related.

The cumulative knowledge of the members here is incredible and it's unlikely they would guide you incorrectly.

If you aren't sure, ALWAYS ask first.

[Girkmonster]

Originally Posted by aa82

Ya it was impulse, and shit happens.... Saw an ad and he had a store, so felt was legit...

ball park value anyone?

Worthless to me. I wouldn't wear it even if you paid me to do so. Heinous.

[Girkmonster]

Originally Posted by aa82

I have paperwork that he sold me the watch and I have a screen shot of the ad where he wrote it's all authentic with pictures of the watch.....
Did pay hard cash not credit card....
If I sue I'm confident I'll win

I'm not. Ever heard of "Caveat Emptor?" Buyer Beware. Did he write that the movement was authentic to the watch?

[vertigo s2r]

This is not legal advice: If what you say is true and I have no reason to believe it's not, he sold you a Frankenrolex meaning not 100% authentic as you mention the receipt states. I would take him to court for the amount + legal fees but in such a way where it wouldn't take a lot of my time. Go to an AD get it authenticated as 100% genuine for the model number and if not use that in court.

Otherwise I would just return it for the $5k and learn a lesson.

[doubleinfive]

You may have been screwed but you knew the risk you were taking when you bought it, correct?

[Casey VP-26]

I'm glad you are going to see him today, Request your money back in full, telling him you intend to take this to whatever level you need to have your money returned. Good Luck.

[locutus49]

One other thing about suing, and this is NOT legal advice: that shop may have some disclaimer buried in small print in his paperwork or on something you signed immunizing him from suit. These merchants have their business down pat and likely know what they are doing.

Consult with an attorney (probably worth the $150 or whatever for initial consult), but if it looks like a suit is not the way to go, take the $5000 and write off the rest as a lesson learned.

I have learned similar lessons in the art world. It hurts, but in the long run, you will make much wiser decisions. Best of luck. I feel for you.

[tedscott3]

I am pretty sure Rolex never made a 14k President bracelet. If he advertised the watch as 100% Rolex can't you get him for fraud?

[rmfnla]

Originally Posted by 1proscoe

Ugh....

I wouldn't let anyone screw me over that way. If he promised you it was authentic, handle it calmly at first, and if it gets heated, I'd threaten to sue for everything and all legal fees associated.

$5K? I wouldn't accept that at all. Nothing short of what you paid..... although I'm sorry, that thing is hideous...

I agree with this. The guy has a business that can be harmed by bad publicity, and I would mention Yelp, Facebook, etc. so he realizes it will cost him more to not give you a refund.

If nothing else I would take the $5K and then sue him for the rest...

[aa82]

Ok so spoke to cops (useless here, they'll say any problem is a civil matter) and alao got some legal advice. End of the day pawn shops are very buyer beware and it's just gonna piss me off for many more months. I settled with the guy for 500$ back for difference in gold value in the bracelet but signed a waiver wouldn't sue and he wrote that movement is authentic. I had spent few hundred replacing diamonds already. Cuz honestly I still like the watch for special occasions and I do have two other datejusts, this was just my first day date. Casing and movement original and gold value of the bracelet would be around 1500. So I thought I'd just sell the bracelet at some point when I find an 18k one and just enjoy the watch. It was a tough lesson, I hope with the diamond value I didn't overpay. As it is custom and each person values it differently. I thank you all for the help and efforts, you guys are great.
I do have an extensive collection of watches but like few ppl mentioned it's always good to buy from someone you know or AD. You can never be too sure.

[aa82]

Originally Posted by rmfnla

I agree with this. The guy has a business that can be harmed by bad publicity, and I would mention Yelp, Facebook, etc. so he realizes it will cost him more to not give you a refund.

If nothing else I would take the $5K and then sue him for the rest...

He would only give me 5k if I signed release form to not sue

[aa82]

Originally Posted by tedscott3

I am pretty sure Rolex never made a 14k President bracelet. If he advertised the watch as 100% Rolex can't you get him for fraud?

That's what I said to cops, they say it's civil. Selling 14k stamped 18k is fraud to me.... But was no point.

[GradyPhilpott]

Originally Posted by ExplorerChris

If you have it on paper that it's all authentic and the means I'd sue him hardcore.

x2

[rmfnla]

Originally Posted by aa82

He would only give me 5k if I signed release form to not sue

In CA such forms are not valid; it might be worth checking to see how it is up there...

[sss205]

Glad to hear you got your issue resolved (for better or worse), but you may have had a case against the pawn shop in court. It all just depends on the nature of your transaction and the discussion leading up to the purchase. Don't want to give legal advice, but if he made any type of express warranties as to the authenticity of the watch (mainly bracelet here), then you may have a case, as long as your signed receipt/agreement didn't have a parole evidence rule clause in it. Either way, i think there would be a lot of lawyers interested in the case.

[rmfnla]

Originally Posted by rmfnla

In CA such forms are not valid; it might be worth checking to see how it is up there...

Oh, I didn't notice that you had settled...

[ExplorerChris]

Originally Posted by aa82

That's what I said to cops, they say it's civil. Selling 14k stamped 18k is fraud to me.... But was no point.

Would still like to know te name of the pawn shop
Is it part of pawn street row on Church Street in Toronto,
Only place down there iveever looked at is McTamneys they've been there over 100 years

[Baselman]

That's quite awful - everything the watch the story I hope you get all your money back

[rmfnla]

Originally Posted by Baselman

That's quite awful - everything the watch the story I hope you get all your money back

[superdog]

I can understand a restocking fee: but that's ridiculous and insulting.

I say serve him papers on principal alone.

[aa82]

Lol life goes on.

[mjclark32]

That's an expensive lesson, but at least it's behind you now

[Pyclah]

In the end if you can't do anything, keep it and enjoy it. Gold is always on the rise. In 10 years you'll sell it get your money out of it. With the gold and all the diamonds it's definitely worth more than $5k

[vertigo s2r]

Originally Posted by aa82

Ok so spoke to cops (useless here, they'll say any problem is a civil matter) and alao got some legal advice. End of the day pawn shops are very buyer beware and it's just gonna piss me off for many more months. I settled with the guy for 500$ back for difference in gold value in the bracelet but signed a waiver wouldn't sue and he wrote that movement is authentic. I had spent few hundred replacing diamonds already. Cuz honestly I still like the watch for special occasions and I do have two other datejusts, this was just my first day date. Casing and movement original and gold value of the bracelet would be around 1500. So I thought I'd just sell the bracelet at some point when I find an 18k one and just enjoy the watch. It was a tough lesson, I hope with the diamond value I didn't overpay. As it is custom and each person values it differently. I thank you all for the help and efforts, you guys are great.
I do have an extensive collection of watches but like few ppl mentioned it's always good to buy from someone you know or AD. You can never be too sure.

I'm not the only one that facepalmed when I read that am I?

You must like that thing so if you're happy and all it took was $500 bucks... Great! So enjoy.

Personally, that watch is not my style but I am not getting into that, I'm just saying I wouldn't wear a watch on a fake bracelet with a fake bezel and fake dial. I wear my watches on different bracelets but a NATO strap doesn't pretend to be made by Rolex.

[1proscoe]

Originally Posted by vertigo s2r

I'm not the only one that facepalmed when I read that am I?

Not in the least....

[Wesley Crusher]

Yikes. With 9k, there are many brand new Rolex watches that you could have bought. If it was the bling that you were after, I (sort of) understand.

[Shelby-villian]

I would have taken the 5k cash or 9k trade in value for another Rolex that they stocked... contingent on verification of watch at an independent watchmaker.

[datejust24]

Originally Posted by vertigo s2r

I'm not the only one that facepalmed when I read that am I?

You must like that thing so if you're happy and all it took was $500 bucks... Great! So enjoy.

Personally, that watch is not my style but I am not getting into that, I'm just saying I wouldn't wear a watch on a fake bracelet with a fake bezel and fake dial. I wear my watches on different bracelets but a NATO strap doesn't pretend to be made by Rolex.

he got back 5k that was a typo....

[Im Lauf der Zeit]

Originally Posted by Pyclah

Gold is always on the rise. In 10 years you'll sell it get your money out of it.

Not so fast... Gold is down approx. 30% over the past two years. And see the big trough in this graph--that's gold tanking since the early 1980's and still not returning to it's high even during the recent run-up. (A chart for steel Rolex prices would be interesting to see for comparison.)