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Old 18 July 2016, 11:00 AM   #1
Haywood_Milton
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Another multi-millionaire collector suing a dealer...

...a UK one this time ?

H
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Old 18 July 2016, 11:04 AM   #2
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any details ?
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Old 18 July 2016, 11:08 AM   #3
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Originally Posted by Haywood_Milton View Post
...a UK one this time ?

H
can you have look over here I know these are your specialty, your expertise would be appreciated

http://www.rolexforums.com/showthread.php?t=485006
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Old 18 July 2016, 11:17 AM   #4
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Originally Posted by Haywood_Milton View Post
...a UK one this time ?

H
Do you mean this? http://www.rolexforums.com/showthread.php?t=485275
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Old 18 July 2016, 10:11 PM   #5
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Another multi-millionaire collector suing a dealer...

Was he trying to speculate on the vintage craze? It's funny that such successful businessman lacked common sense and didn't research the market before spending so much on vintage watches.
If it's just a matter of being "overpriced" I think that in a mostly free market sellers can ask whatever price they want, it's up to the buyer to decide whether the price is right or not. It seems he paid the asking price without any concern until he tried to resell the watches...
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Old 21 July 2016, 06:33 AM   #6
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Was he trying to speculate on the vintage craze? It's funny that such successful businessman lacked common sense and didn't research the market before spending so much on vintage watches.
If it's just a matter of being "overpriced" I think that in a mostly free market sellers can ask whatever price they want, it's up to the buyer to decide whether the price is right or not. It seems he paid the asking price without any concern until he tried to resell the watches...
Depends what promises/ guarantees the authority on Rolex made
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Old 18 July 2016, 10:22 PM   #7
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there was a very good documentary on about dealings in the art world last week , they were talking in millions on each transaction ,
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Old 18 July 2016, 10:31 PM   #8
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there was a very good documentary on about dealings in the art world last week , they were talking in millions on each transaction ,

That's an area where "homage" artwork takes it to a huge profit margin for the maker.
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Old 21 July 2016, 07:30 AM   #9
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The plaintiff is claiming among other things he was sold fakes from what I read.

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Old 21 July 2016, 07:36 AM   #10
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The plaintiff is claiming among other things he was sold fakes from what I read.




Being sold fakes is one thing. Franken watches or just mad because the market will not support his purchase prices is another.


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Old 21 July 2016, 11:30 AM   #11
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Being sold fakes is one thing. Franken watches or just mad because the market will not support his purchase prices is another.
Franken = fake brah
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Old 21 July 2016, 11:40 AM   #12
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Franken = fake brah

Don't know that I agree but that is ok.

If it is all genuine Rolex parts what is fake about that?? When I say Franken I mean the dial is not the original dial or the bezel insert has been replaced or there are other genuine Rolex parts that were not originally on that particular watch. Hence making it less valuable to collectors.

When I hear fake I think non genuine case or dial or crystal. Not genuine parts that were pieced together.


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Old 21 July 2016, 12:04 PM   #13
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Don't know that I agree but that is ok.

If it is all genuine Rolex parts what is fake about that?? When I say Franken I mean the dial is not the original dial or the bezel insert has been replaced or there are other genuine Rolex parts that were not originally on that particular watch. Hence making it less valuable to collectors.

When I hear fake I think non genuine case or dial or crystal. Not genuine parts that were pieced together.
Well depends on how it's advertised. Of course when it's re-sold again it's back to being "all original."
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Old 21 July 2016, 03:12 PM   #14
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Originally Posted by Haywood_Milton View Post
...a UK one this time ?

H
why open a thread with such a vague opening post so lacking in details, leaving it to others to post stories that were in the public domain at the same point?
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Old 21 July 2016, 07:35 PM   #15
Haywood_Milton
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why open a thread with such a vague opening post so lacking in details, leaving it to others to post stories that were in the public domain at the same point?
I did not wish to be considered as giving an opinion on any specific matter or its protagonists in this instance.

During the course of the thread, my attention was drawn to an unconnected watch being marketed as a Comex. I followed that prompt and added my comments on the relevant thread concerning that watch for anyone to read or dismiss as they choose.

I am sorry if this has irritated in some way. Am I overlooking something that I should have done / not done here?

H
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