![]() |
ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
![]() |
#1 |
"TRF" Member
Join Date: Aug 2016
Real Name: Chuck
Location: Canada
Watch: Rolex 116610LV
Posts: 2,230
|
Story of a Private Rolex Sale Gone Bad in Canada
Hello fellow TRF members. I just wanted to share a recent Canadian story (March) about a private Rolex sale that went bad due to some "magic" trickery from an in-person buyer. Thought it would help warn folks potentially faced with the same situation in other parts of the world. See following CBC link:
https://www.cbc.ca/news/canada/montr...olex-1.7156871 Apologies if this story was already shared here. Enjoy your Sunday. Cheers! |
![]() |
![]() |
![]() |
#2 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2010
Real Name: Rick
Location: Smokin' Heaven
Watch: Rolex & Tudor
Posts: 3,851
|
I would never invite a stranger into my home to buy a high value luxury item of any kind. I've sold a number of watches in person. The transaction always takes place at my local bank branch. The buyer hands the money to the teller who counts it and deposits it directly in my account. Then and only then the watch changes hands. If for some reason the buyer is not satisfied with the watch they hand it back, I inspect it and then and only then and the teller will withdraw the money and hand it back to the buyer. This process also protects against counterfeit money issues. Once the bank accepts it it's their responsibility not mine. In fact I also ask the teller to check the money to ensure there are no issues. Sad to see this happen but people must be more aware when doing this.
__________________
Simple solutions solve complexed problems more often than complexed solutions solve simple problems! |
![]() |
![]() |
![]() |
#3 |
"TRF" Member
Join Date: Feb 2016
Location: US, SG, DK, GR
Watch: Reverso
Posts: 3,087
|
i've heard a few similar stories. scary.
|
![]() |
![]() |
![]() |
#4 |
2024 Pledge Member
Join Date: Jan 2022
Location: Canada
Watch: Sub| DJ41| 79540
Posts: 1,336
|
This sounds like a very stupid story. In Canada, most people meet up at a bank or police station.
|
![]() |
![]() |
![]() |
#5 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Feb 2022
Real Name: Steve
Location: Nevada
Watch: JC 126660
Posts: 4,064
|
All the more reason to just sell the watch to one of our trusted sellers here. A few extra dollars if it all goes perfectly aren’t worth the safety and scamming risks of trying to deal with strangers off of facebook marketplace, Craigslist etc. It’s not a used BBQ for $100 or something.
__________________
Rolex: James Cameron 126660, 126710BLNR jubilee Omega: Speedmaster Moonphase Tag Heuer: Monaco blue dial, Formula One alarm Tudor: Black Bay GMT Opaline |
![]() |
![]() |
![]() |
#6 |
"TRF" Member
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
Posts: 3,736
|
Another reason to never do a transaction like this especially at home
|
![]() |
![]() |
![]() |
#7 |
"TRF" Member
Join Date: Feb 2013
Location: USA
Posts: 104
|
Didn't click the link. Assuming it's the switch the envelope guy.
He's been all over the US pulling this stunt. Discussed here in the recent past. |
![]() |
![]() |
![]() |
#8 |
"TRF" Member
Join Date: Feb 2020
Location: Underground
Posts: 2,455
|
By the way, he’s been caught. Two fellow watch collectors set him up, and he was arrested recently, about a week ago.
|
![]() |
![]() |
![]() |
#9 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 76,399
|
|
![]() |
![]() |
![]() |
#10 |
"TRF" Member
Join Date: Feb 2020
Location: Underground
Posts: 2,455
|
|
![]() |
![]() |
![]() |
#11 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,047
|
Quote:
|
|
![]() |
![]() |
![]() |
#12 |
2024 Pledge Member
Join Date: Jan 2022
Location: Canada
Watch: Sub| DJ41| 79540
Posts: 1,336
|
Very good to hear that they have been caught. I don't look for it too much, but are there lots of watch thefts in Canada these days? I am talking about the major cities (i.e., Toronto, Vancouver, Montreal). I remember there was an OP who had his James Cameron stolen on the TTC. We mostly see articles like this in LA, NY, Spain, Italy and London.
|
![]() |
![]() |
![]() |
#13 |
2024 Pledge Member
Join Date: Aug 2013
Location: Itinerant
Watch: 79010sg
Posts: 8,283
|
This is 100% invited risk. Hard to be horrified because very, very, very, very, very, very, very, few people would invite a stranger into their home under the circumstances.
Sent from my iPhone using Tapatalk |
![]() |
![]() |
![]() |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.