STOLEN: Rolex GMT Master

[sefarrell]

Hi All,
With a heavy heart I am finally willing to speak to others about having my watch stolen recently. While, there is a clear suspect in mind, there is nothing the local police could do without solid evidence. So, all I have at this time is a criminal police report.

A few years back I purchased a grail watch of mine, a birth year Rolex GMT Master, Pepsi bezel, E Serial, on an Oyster band.

Having been with me through a number of significant life events, the sentimental value of the watch greatly outweighs its monetary value. I am pessimistic about getting it back, but I would greatly appreciate any suggestions of how to bolster my chances of tracking it down.

As mentioned, I currently have a criminal police report including the serial number, description and misc marks and scratches. I peruse places where watches are likely to be sold, such as local pawn shops, craigslist, ebay and other online outlets. Are there any other avenues?

TIA

[cop414]

So sorry to hear this. Make sure that the investigator puts the serial number into the NCIC database. I’m not sure if Rolex USA will take the information but possibly they would and flag it if it ever comes in for service.

[brandrea]

Terrible to hear. I truly hope you can recover it.

[Nikrnic]

These are the worst threads. I hope you get it back.

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[GregoryZ]

I'm very sorry too! I know how you feel as I had my TT/DJ Oysterquartz stolen. It really hurts. We're all hurting with you. Hope you get it back soon.

[Humble michael]

What a bummer- so sorry to hear , Hope you get it back , james in San Antonio Tx

[77T]

Call RUSA, ask to be connected with the manager who handles theft reports, and she will give you the steps to report your stolen GMT.

Once you have done that, if the watch comes into RSC for service then it will be retained. That triggers a process to reunite you with it.


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[swaini3]

:( More and more of these threads. Sorry to hear.... You can try advertising on these:

http://www.mystolenwatch.com/home-en/
https://www.thewatchregister.com/
https://www.facebook.com/groups/412402232515298/

[circles]

Originally Posted by sefarrell

Hi All,
With a heavy heart I am finally willing to speak to others about having my watch stolen recently. While, there is a clear suspect in mind, there is nothing the local police could do without solid evidence. So, all I have at this time is a criminal police report.

A few years back I purchased a grail watch of mine, a birth year Rolex GMT Master, Pepsi bezel, E Serial, on an Oyster band.

Having been with me through a number of significant life events, the sentimental value of the watch greatly outweighs its monetary value. I am pessimistic about getting it back, but I would greatly appreciate any suggestions of how to bolster my chances of tracking it down.

As mentioned, I currently have a criminal police report including the serial number, description and misc marks and scratches. I peruse places where watches are likely to be sold, such as local pawn shops, craigslist, ebay and other online outlets. Are there any other avenues?

TIA

Was it insured? If "yes" have you filed a claim and been paid?

[Pongster]

Sorry to hear.

Why do you say there is a clear suspect?

[Johny]

Hi op. Post your watch's serial number on here.

[circles]

I'm still surprised how many people don't ask if an insurance claim has been filed. Its pretty simple, if a claim has been filed and paid the watch no longer belongs to the person it was stolen from. The watch now belongs to the insurance company. I'm not saying that is the case here since the OP hasn't answered the question regarding insurance.

Even if there is sentimental value, family history, or you saw rainbows and unicorns every time you looked at your stolen watch, the original owner has zero ownership rights, or recovery & salvage claims, once an insurance claim has been settled.

[sefarrell]

Thanks all. I appreciate the support.

Originally Posted by 77T

Call RUSA, ask to be connected with the manager who handles theft reports, and she will give you the steps to report your stolen GMT.

Once you have done that, if the watch comes into RSC for service then it will be retained. That triggers a process to reunite you with it.


Sent from my iPhone using Tapatalk Pro

Thanks. I knew there some a process like this, but unsure about the details. This will be high on my list of actions to take. It has been registered by the police. I have also been advised to make sure they registered with the NCIC.

Originally Posted by swaini3

:( More and more of these threads. Sorry to hear.... You can try advertising on these:

mystolenwatch
thewatchregister
facebook

Are these actually legit? Even with the watch not in my possession I do not feel great about throwing my serial number out on the internet.

Originally Posted by circles

Was it insured? If "yes" have you filed a claim and been paid?

No insurance claim

[sefarrell]

Thanks all. I appreciate the support.

Originally Posted by 77T

Call RUSA, ask to be connected with the manager who handles theft reports, and she will give you the steps to report your stolen GMT.

Once you have done that, if the watch comes into RSC for service then it will be retained. That triggers a process to reunite you with it.


Sent from my iPhone using Tapatalk Pro

Thanks. I knew there some a process like this, but unsure about the details. This will be high on my list of actions to take. It has been registered by the police. I have also been advised to make sure they registered with the NCIC.

Originally Posted by swaini3

:( More and more of these threads. Sorry to hear.... You can try advertising on these:

mystolenwatch
thewatchregister
facebook

Are these actually legit? Even with the watch not in my possession I do not feel great about throwing my serial number out on the internet.

Originally Posted by circles

Was it insured? If "yes" have you filed a claim and been paid?

No insurance claim

[swaini3]

Originally Posted by sefarrell:
Are these actually legit? Even with the watch not in my possession I do not feel great about throwing my serial number out on the internet.


I know Watch register is. Not sure about the others. Just trying to help out and others getting duped into buying a stolen watch. Not trying to 'rub salt on a wound' but the watch is missing anyway so putting the serial number out there is better than nothing. Another thought is maybe putting the serial number here on the forum and other forums. This way, a potential buyer can find out that the watch is stolen if he googles it.
Good luck :)

[Johny]

Originally Posted by Johny

Hi op. Post your watch's serial number on here.

This.

[circles]

Originally Posted by sefarrell

No insurance claim

I'm sorry to hear that. In the future, its cheap and easy.
https://www.jewelersmutual.com/?&msc...0C7Q&gclsrc=ds

[214270Explorer]

You will also need to send a copy of the police report to verify to Rolex the theft. You can send it to any Rolex Service Center.

[Rick Deckard]

Originally Posted by circles

I'm sorry to hear that. In the future, its cheap and easy.
https://www.jewelersmutual.com/?&msc...0C7Q&gclsrc=ds

Is that cheap? I can't judge because I have no comparison, but insuring my watches with them would cost more than insuring my house against hurricanes. And we live in Florida...

;)

[circles]

Originally Posted by Rick Deckard

Is that cheap? I can't judge because I have no comparison, but insuring my watches with them would cost more than insuring my house against hurricanes. And we live in Florida...

;)

The ability to insure $100k in watches for $1k with no deductible, mysterious disappearance payout, and agreed value? If you can beat that anywhere I'd sure like to know and would appreciate the tip.
By the way, I live on the Gulf Coast so I hear you when we're talking homeowner's insurance.

[BaliBryan]

Originally Posted by circles

The ability to insure $100k in watches for $1k with no deductible, mysterious disappearance payout, and agreed value? If you can beat that anywhere I'd sure like to know and would appreciate the tip.
By the way, I live on the Gulf Coast so I hear you when we're talking homeowner's insurance.

Did you actually fill out the quote request? Putting in your zip code and jewelry type? I did, $100k with zero deductible is $2,235 per year.

[circles]

Originally Posted by BaliBryan

Did you actually fill out the quote request? Putting in your zip code and jewelry type? I did, $100k with zero deductible is $2,235 per year.

I have a $106k policy with them and it costs me $1,037 a year.

It would surprise me if living in Vegas made it more expensive. I do know your current credit score, and if you have a safe, affects the quote. Regardless, I don't trust online quotes; I'd call them for a quote.

[BaliBryan]

Not sure if we are talking about the same company. Jewelers mutual. There are no questions about credit scores or safes to get the quote.

[circles]

Originally Posted by BaliBryan

Not sure if we are talking about the same company. Jewelers mutual. There are no questions about credit scores or safes to get the quote.

Yes, we're talking about the same place. I'll say it again, call them. It does make a difference if you have a safe, they will want a picture of it.

[BaliBryan]

[BrazenC5]

You should add the serial number to this thread...if a prospective buyer runs a google search the thread will come up in the search result.

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[Lamontre]

Originally Posted by 77T

Call RUSA, ask to be connected with the manager who handles theft reports, and she will give you the steps to report your stolen GMT.

Once you have done that, if the watch comes into RSC for service then it will be retained. That triggers a process to reunite you with it.


Sent from my iPhone using Tapatalk Pro

What happen for the new owner that would have bought this watch on Ebay or else without knowing it was stolen? The watch will be returned to original owner but will the buyer get his money back?

OP sad story really and i hope you will get back your watch.

[circles]

Originally Posted by Lamontre

What happen for the new owner that would have bought this watch on Ebay or else without knowing it was stolen? The watch will be returned to original owner but will the buyer get his money back?

OP sad story really and i hope you will get back your watch.

Contrary to popular belief Rolex can't take a suspected stolen watch sent in to them and give it to someone else. Lots of guys here say they will but I have yet to see any evidence that this has ever taken place. If it were indeed the case crooks would be gathering serial numbers and reporting them stolen.

[77T]

Originally Posted by Lamontre

What happen for the new owner that would have bought this watch on Ebay or else without knowing it was stolen? The watch will be returned to original owner but will the buyer get his money back?



OP sad story really and i hope you will get back your watch.

Maybe...and maybe not.

In your question is the presumption that the thief manages to sell the watch to an unwitting buyer. And then that buyer (or other subsequent buyers) passes the watch onto the eBay seller. Then the eBay seller sells it to a buyer who takes it (or sends it) to the RSC.

Upon notice from the RSC, this new owner will be subject to inquiries by investigators. First, from the jurisdiction who received the theft report and issued a written report. It begins a number of inter-jurisdictional steps to eliminate the new owner from suspicion of being the original thief.

The new owner then asks for a refund from the eBay seller. Maybe it is issued, but maybe not. So many scams are possible that the seller would likely decline.

This new owner would then need to use the RSC notice with eBay to lodge a dispute against the seller. Much of what happens next is dependent upon the length of time it took to discover this issue after the transaction was made on eBay.

The new owner could also avail themselves of civil proceedings but not sure that would work if eBay seller and new owner live in different countries.

So when I was an active trader/seller, and took in a watch, it went straight to Verification. But I doubt many buyers do that - and by the way, this isnt just for eBay but for any sales platform or private dealings.


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