If I loose my watch then what?

[F33A]

This sounds like my experience with exotic cars. I could afford to buy them but not to own them. Just wear an Explorer and find another hobby.

[RJRJRJ]

Originally Posted by DougFNJ

Keep in mind, insurance companies have more buying power than consumers.

I did have a Seamaster stolen years ago and had it covered. Had the newer version on my wrist in less than a week. State Farm Personal Articles policy.


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How in the world did they get their hands on a Seamaster?

[Frank McKay]

Hire a body guard when venturing out in sketchy areas.

[WBaileyii]

Get an appraisal that puts them at grey market value and then use the appraisal for your insurance. Piece of cake. If your AD can't/won't do the appraisal go to another Jeweler who will. Once you've increased the insured value to grey replacement cost, then you have nothing to worry about (with your watches anyway) and you can just enjoy them.

[FatTuesday]

Originally Posted by Texex

Am I being paranoid?
Thoughts?

Yes, definitely so.

[djdm]

Originally Posted by Texex

Hi all,

Like most of you I buy my watches to wear but I have a concern and I was wondering if others share it. I have no fear of damaging my watches as I wear them but what if they are stolen or just lost? I have all my discontinued watches (BLNR 116710, Hulk etc.) insured for their current value so replacing them would be a hassle but doable. As an example the Hulk is insured for 20K so I would just get my insurance check and buy it that week at a Grey dealer. My issue is with the current production watches I have. Like most of you I had to jump through some hoops and wait a while to get my Daytona and Pepsi and I am only able to insure them at MSRP because technically that is what they can be replaced for. However as we all know, if they are lost or stolen then they are essentially irreplaceable without spending more or waiting for years (again). Because of this I am hesitant to travel with them. I am also concerned of having them stolen from my home even though I have an alarm system etc. I love the hobby and don't mind building a relationship and waiting for the watches I really want. (I've been waiting on a blue SkyD for 18 months) I just don't want to wait for the same watch twice. Am I being paranoid?
Thoughts?

To provide a little context, home and car break-ins in Seattle are very common (I assume this is the OP's home location and mine too). This has been a major problem here, the discussion of which is well beyond the scope of this forum. I share the OPs concerns and would recommend a good home safe, insurance as you already described, and not to worry about wearing pieces insured at MSRP.

[vh2k]

I'm good with watches. Now, if I can just find my damn car keys!!!

[Chadridv]

jewelers mutual allows for current market value. My 116500 is insured for 28k (last updated a few months ago lol).

[stmoore]

Loose or lose your watch?

[sutats]

Hi, I don't think you're being paranoid at all. But I do feel it would be sound to exercise some perspective as you seem to be letting your material possessions have a negative control over you. There are people in the world worried about their daily survival and you're worrying about the hassle of replacing your watches if they were stolen. And remember, don't let the things you own end up owning you.

[Atlas]

absolutely insure them. If I left my house with anything worth that much on my person - it’s insured.

No more than 200 a year for the insurance

[Meyrin]

As everyone knows an iPhone (or, if you must, a Samsung or Huawei) will tell you the time more accurately than any Rolex, PP, VC, AP etc. and the lume is better! And it´s immediately replaceable at msrp for far less money! Joking aside, I wouldn't anyone to lose or have their prized Rolex stolen.

[fskywalker]

Originally Posted by Texex

Hi all,



Like most of you I buy my watches to wear but I have a concern and I was wondering if others share it. I have no fear of damaging my watches as I wear them but what if they are stolen or just lost? I have all my discontinued watches (BLNR 116710, Hulk etc.) insured for their current value so replacing them would be a hassle but doable. As an example the Hulk is insured for 20K so I would just get my insurance check and buy it that week at a Grey dealer. My issue is with the current production watches I have. Like most of you I had to jump through some hoops and wait a while to get my Daytona and Pepsi and I am only able to insure them at MSRP because technically that is what they can be replaced for. However as we all know, if they are lost or stolen then they are essentially irreplaceable without spending more or waiting for years (again). Because of this I am hesitant to travel with them. I am also concerned of having them stolen from my home even though I have an alarm system etc. I love the hobby and don't mind building a relationship and waiting for the watches I really want. (I've been waiting on a blue SkyD for 18 months) I just don't want to wait for the same watch twice. Am I being paranoid?

Thoughts?

Yes think you are being paranoid. Insure them and just enjoy them!


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[fsprow]

Two options:

1. Sell the watches.

2. Move to Texas and get a carry permit.

[CKizzy]

With freedom comes risk...be diligent and prepared!

[TheVTCGuy]

Yes, you are being paranoid. Insure the watch(es), take reasonable precautions, and enjoy the experience of owning and wearing Rolex. If you are too afraid of losing it to enjoy it, then get rid of them.

[Tone]

Originally Posted by TheVTCGuy

Yes, you are being paranoid. Insure the watch(es), take reasonable precautions, and enjoy the experience of owning and wearing Rolex. If you are too afraid of losing it to enjoy it, then get rid of them.

Well said

[beshannon]

Originally Posted by Texex

However as we all know, if they are lost or stolen then they are essentially irreplaceable without spending more or waiting for years (again). Because of this I am hesitant to travel with them. I am also concerned of having them stolen from my home even though I have an alarm system etc. I love the hobby and don't mind building a relationship and waiting for the watches I really want. (I've been waiting on a blue SkyD for 18 months) I just don't want to wait for the same watch twice. Am I being paranoid?
Thoughts?

Not really sure how to help.

Any activity that would give me this much stress would be removed from my life.

Good luck!

[mattonthewater]

Originally Posted by SN13

Tighten it.

This

[dtwer]

Here is what you need to do: buy a spare unit for every watch you own just so that you can immediately put the new one on as soon as the current one is stolen.

[Robert Bruce]

Send them all to me for safe-keeping.

[CLTRolex]

How did it get to this point...


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[kearez]

Have to ask yourself, are your daily activities putting you at risk in losing them?
If you travel first class frequently, airport lounges and nice hotels(JWs, Ritz, etc )you have nothing to worry about. If on other side of scale your adding increased risk. In which maybe the cash in the bank is better idea.

[danimelara]

Originally Posted by fsprow

Two options:

1. Sell the watches.

2. Move to Texas and get a carry permit.

What if he loses his permit and gun?

[dontbeshort]

If you wear your watch too loose then you need to loosen the screws in the bracelet and lose a link. Then your watch won’t be be so loose and you’re unlikely to lose it. Loosen up loser !