ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
21 April 2016, 01:07 PM | #1 |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
Bob's Watches
Has anyone ever dealt with Bob's Watches? I am in the process of selling my wife's 79160 26mm Date to them based on the bid that I received via email. The bid was $1900. Would have been $2000 had I had the original warranty papers (on a K serial 2001 watch??). They had multiple pictures to base bid on.
The watch was more than accurately described to them and sent off yesterday. Today I get a call from them and they want to offer me $475 less than that. Their rationale is that it it missing one link, they say it should have 22 and there are 19 on the watch and 2 extras in the box. It needs a regulation and a light polish. I know all of that will likely cost close to $475 to do with a competent watchmaker. But don't you expect some recon cost when bidding a 15 year old watch?? BTW, this is complete, box, hang tag, books set. And the watch is in phenomenal shape with relatively no stretch in the jubilee. It was worn maybe 4 times a year and cleaned after about every wear. There is not a cleaner K serial around. I know these 26mm don't bring a lot of $, I know the big watch trend had rendered them less desirable. But am I out of line to think that when you are giving someone a bid on a watch of that age you wouldn't assume that it is ready to sell immediately?? That you may have to do a little work to the watch to resell at $3000 like they do on their site?? I know I could try to sell here or Ebay or even my AD but these smaller watches are a hard sell these days and with all of the scammers out there, who knows. This just seemed easier. And had they come back a couple hundred back of their estimate I would be ok, but almost 25% back????? Thanks for letting me vent. I am probably going to work them up a little bit and let the watch fly. She just never wears it since she got her 31mm Tudor with the diamonds. Here is the watch in question. Thanks again Brandon Sent from my iPhone using Tapatalk |
21 April 2016, 01:11 PM | #2 |
2024 SubLV41 Pledge Member
Join Date: Sep 2012
Real Name: shannon
Location: usa
Posts: 9,207
|
I wouldn't accept that. Have them send it back to you.
|
21 April 2016, 01:15 PM | #3 |
"TRF" Member
Join Date: Dec 2009
Real Name: Peter
Location: Massachusetts
Watch: 214270 Mk2
Posts: 1,963
|
__________________
2016 Explorer 214270 Mk2 - 1996 Submariner 14060* - 1972 Datejust 1601 1972 Oyster Perpetual 1002 - 1978 Oysterquartz 17000 Omega Seamaster 2265.80 - Omega Seamaster 300 166.0324 *RIP PAL 1942-2015 |
21 April 2016, 01:16 PM | #4 |
Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
|
A trick they play over and over again.
|
21 April 2016, 01:17 PM | #5 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: Too many to list!
Posts: 33,674
|
+2; sounds like a scam act to me.
|
21 April 2016, 01:20 PM | #6 |
2024 SubLV41 Pledge Member
Join Date: Sep 2012
Real Name: shannon
Location: usa
Posts: 9,207
|
I'd be interested at $1900!
|
21 April 2016, 01:26 PM | #7 |
2024 Pledge Member
Join Date: Jul 2012
Location: Orange County, CA
Posts: 1,064
|
Don't accept. Ask for it back. They will oblige
Sent from my iPhone using Tapatalk
__________________
PANERAI Luminor 8 Days GMT “Dot” Dial (PAM00233) PANERAI Submersible (PAM01055) PANERAI Radiomir (PAM01385) ROLEX Sea-Dweller Mk1 (126600) ROLEX DeepSea D-Blue (136660) OMEGA Speedmaster “Silver Snoopy Award” (310.32.42.50.02.001) OMEGA Seamaster Diver 300M 75th Anniversary (210.30.42.20.03.003) IWC Chronograph Top Gun Edition “Woodland” (IW389106) |
21 April 2016, 01:29 PM | #8 |
"TRF" Member
Join Date: Jul 2013
Location: Central Cal
Watch: Dads Omega Cal 601
Posts: 707
|
|
21 April 2016, 01:29 PM | #9 |
"TRF" Member
Join Date: Nov 2012
Real Name: Kevin
Location: Houston
Watch: you, watch me!!
Posts: 192
|
Bob is very rich from selling Rolex, he doesn't get that way from paying top dollar. :)
/Owners name is not really Bob, his real name is Paul, go figure.
__________________
1956 6569 waffle dial 1994 14060 Sub on a RubberB 2014 Explorer II 246570 |
21 April 2016, 01:33 PM | #10 |
"TRF" Member
Join Date: Jul 2013
Real Name: Ian
Location: NY
Watch: All of them
Posts: 3,245
|
I don't like them. They give low ball offers and then work you down even further once they have your watch.
__________________
Rolex, PPs, Breitling |
21 April 2016, 01:33 PM | #11 |
"TRF" Member
Join Date: Mar 2009
Location: Ohio
Watch: BLNR
Posts: 266
|
I think they know that after sending your watch out you are not as likely to have them send it back so they try to hit you for less value. I almost sent a watch to them but I decided against it after talking to one of their reps on the phone.
Personally, I would get the watch back and sell it on the forums here or the bay. |
21 April 2016, 01:33 PM | #12 |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
|
21 April 2016, 01:37 PM | #13 |
2024 SubLV41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,342
|
Good idea. I know bobs watches has been around forever but I hear too many complaints about them to ever consider them.
|
21 April 2016, 01:38 PM | #14 |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
Thanks everyone. Lesson learned here. At least they pay the shipping. I am going to get it back tomorrow and move on.
This whole thing made me think about just hanging on to it for my 13 year old daughter some day. But who knows if she will ever like anything more than her swatch watches. Sent from my iPhone using Tapatalk |
21 April 2016, 01:43 PM | #15 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,179
|
Lame. Really lame Bob's watches. Shame on you. You'll never get a dime of my watch money. Send the man his watch back and play fair.
|
21 April 2016, 01:46 PM | #16 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Sep 2013
Real Name: Danny
Location: Bay Area CA
Watch: Yellow Gold
Posts: 20,307
|
I would just keep it or sell it here
|
21 April 2016, 02:01 PM | #17 |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
Thanks for all the replies and reassurance gentlemen. I just sent them an email asking them to send the watch back to me tomorrow. I was told by their salesperson that if the offer was $300 or more below the estimate provided that they paid the return shipping as well. We shall see. Hope it does not turn into one of those "they kept my watch" threads. I doubt it will as I did do my homework to make sure they were somewhat honest before I sent the watch to them. I took a lot of photos before it left so hopefully it returns in this condition and with all its accessories.
Sent from my iPhone using Tapatalk |
21 April 2016, 02:02 PM | #18 |
"TRF" Member
Join Date: Nov 2014
Real Name: Mitch
Location: CONUS
Watch: DSSD and others
Posts: 1,186
|
Thats their MO, they rip people off and then jack the price up when they sell it. Don't get me wrong, I get it...thats how they make their living...but thats ridiculous.
They once were so gracious to offer me 3k for a 10,000 5512, I laughted and told them to pound sand. It sold on TRF for over 10k. Most watch dalers are like that. They give next to nothing for a trade in and then end up making a great profit on not only your watch, but the watch they trade to you. It just boils down to greed. |
21 April 2016, 02:14 PM | #19 | |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
Bob's Watches
Quote:
That there is a royal screw. I too get it that everyone needs to make money and that they are no exception. And when they said $1900 I assumed that they would get it at that, spend a few bucks to get it perfect and re-sell at $3000 like the ones on their site for sale. In at about $2100-$2200, sell for $2900-$3000, that is a good margin, 40%. I was in management in the car business and retail management for years so I understand fully the buy at wholesale sell at retail concept but sheesh. Bob's did say it was still running right about Rolex standards. Not sure if it was the +/-2 or the old standard but I will find out. Sent from my iPhone using Tapatalk |
|
21 April 2016, 02:17 PM | #20 |
"TRF" Member
Join Date: Jul 2007
Real Name: Brad
Location: Colorado
Watch: 16613
Posts: 1,263
|
|
21 April 2016, 02:28 PM | #21 |
Banned
Join Date: Dec 2010
Real Name: Rick
Location: LSU
Watch: Constantly changes
Posts: 3,815
|
They are SCUMBAGS!!!
|
21 April 2016, 03:08 PM | #22 |
2024 Pledge Member
Join Date: May 2008
Location: New Jersey
Posts: 6,639
|
Seen them, never dealt with them, and don't plan to. Good luck OP.
__________________
WG SUB-116719 GMT MASTER II 126719 |
21 April 2016, 03:11 PM | #23 |
"TRF" Member
Join Date: Mar 2016
Location: U.S.
Posts: 2,702
|
Their business model is built to prey on those who are not aware of what they have. Its a shame.
|
21 April 2016, 03:16 PM | #24 |
"TRF" Member
Join Date: Mar 2016
Location: Abu Dhabi, UAE/AZ
Watch: Yachtmaster
Posts: 679
|
They offered me $2600. for my vintage Submariner, (I didn't know about vintage then). I told them "never mind".
I think you'll do better here. |
21 April 2016, 04:26 PM | #25 |
"TRF" Member
Join Date: Feb 2014
Location: Los Angeles
Posts: 2,349
|
Absolutely no way a regulation, light polish, and stainless steel Jubilee link runs $475... not even half of that... keep in mind Bob's probably has a watchmaker on staff or at least a good relationship where they would be getting a wholesale service rate due to their volume. AT MOST, he should be spending $200 on all 3 issues. No reason why you should be on the hook for their reconditioning costs. You're selling your watch as is, afterall.
Also, any second hand dealer will tell you that it is almost the standard for a used watch to be missing links. I actually get a little excited when I get a watch that is fully linked. The light polish is something that should be expected on a used watch and something they should be doing anyway prior to selling. Same goes for the "regulation". All of these "costs" should be factored into their initial offer. |
21 April 2016, 10:49 PM | #26 | |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
Quote:
Thanks for confirming my thoughts now that I have had a bit to digest this. Now I know why people use them as a guide but no one in the know ever sells to them. Sent from my iPhone using Tapatalk |
|
21 April 2016, 10:53 PM | #27 |
Banned
Join Date: Mar 2013
Real Name: Rob
Location: New York
Watch: Rolex
Posts: 577
|
Scam artists
|
21 April 2016, 10:57 PM | #28 |
"TRF" Member
Join Date: Oct 2013
Real Name: Dave
Location: NC
Watch: 5500 Air-King
Posts: 633
|
I asked Bob's once about selling my 1964 1500. They offered me a whopping $500. I basically told them to take a hike.
__________________
Dave Ace of Clubs "Never mind the track. The track is for punks. We are Road People. We are Cafe Racers." - Hunter S. Thompson |
21 April 2016, 11:13 PM | #29 |
2024 SubLV41 Pledge Member
Join Date: Aug 2013
Location: Itinerant
Watch: 79010sg
Posts: 8,343
|
"I'm shocked, shocked to find out there's gambling going on in here" – – Bob's has never been and never held themselves out to be a retail buyer. That's obvious from their website. I've had a great buy – side transaction from Bob's on a 1960s 1601 with box and papers.
|
21 April 2016, 11:31 PM | #30 |
2024 SubLV41 Pledge Member
Join Date: Sep 2011
Real Name: Jason
Location: USA
Watch: Sea Dweller
Posts: 8,561
|
As stated, this seems to be their MO. Thanks for informing us..
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.