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Old 20 March 2018, 12:18 PM   #1
gmtuae
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Selling to Bob's Watches

I know, I know. Not the greatest choice. Given that I've decided to accept their offer, I want to know if anyone else has been thru their process.

They are asking me for a driver's license number and date of birth for a "police report". They claim that this will be provided to their local PD and somehow this will allow them to verify that my watch is not stolen.

1. Has anyone else had this asked of them?

2. How the hell would this information be useful to them to determine a stolen watch? Is it simply to file a police report to state a sale has been made so that there is a paper trail?
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Old 20 March 2018, 12:24 PM   #2
Flywheel
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It’s a deterrent and a bit of CYA, so theyre not accused of knowingly receiving stolen property. And if it is later determined stolen, the cops will know where to find you and Bobs then can try to recover their loss. Pawn shops do the same.
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Old 20 March 2018, 12:26 PM   #3
997.2
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There are definitely easier ways to get screwed!


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Old 20 March 2018, 12:28 PM   #4
gmtuae
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I'm still at a bit of a loss as to how this covers their ass as to if a watch was stolen property. What exactly goes on the police report? Has anyone else experienced the same with Bob's?
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Old 20 March 2018, 12:29 PM   #5
thomaswentworth
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Quote:
Originally Posted by gmtuae View Post
I know, I know. Not the greatest choice. Given that I've decided to accept their offer, I want to know if anyone else has been thru their process.

They are asking me for a driver's license number and date of birth for a "police report". They claim that this will be provided to their local PD and somehow this will allow them to verify that my watch is not stolen.

1. Has anyone else had this asked of them?

2. How the hell would this information be useful to them to determine a stolen watch? Is it simply to file a police report to state a sale has been made so that there is a paper trail?
Most states require a pawn or secondhand dealer license. Part of that is that they have to report all acquisitions to the local police or sheriff on a form that is provided by the local cops or if the local municipality doesn't require the license, the buyer must prepare its own form and submit it to the local law enforcement within like 3 to 5 business days to the pawn division. This allows them to check the serial numbers and look at patterns of sellers of stolen items, large quantities of items, going to a bunch of different places selling stuff. It is a very common practice. Not doing it, I think makes the buyer guilty of a felony each time it isn't done. They are just complying with the law like everyone else who is doing it legitimately. I hadn't heard that Bob's required that form. I kind of wondered how a primarily internet based buyer go about dealing with the form requirements. Here is a link to the California info about the subject: https://oag.ca.gov/secondhand
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Old 20 March 2018, 12:31 PM   #6
thomaswentworth
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Quote:
Originally Posted by Flywheel View Post
It’s a deterrent and a bit of CYA, so theyre not accused of knowingly receiving stolen property. And if it is later determined stolen, the cops will know where to find you and Bobs then can try to recover their loss. Pawn shops do the same.
I have heard of buyers getting screwed buying a stolen watch; not knowing it was stolen; sending in the form; the pawn detectives show up and confiscate to return it to the rightful owner... and insurance policy wouldn't cover it.
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Old 20 March 2018, 12:41 PM   #7
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Originally Posted by thomaswentworth View Post
I have heard of buyers getting screwed buying a stolen watch; not knowing it was stolen; sending in the form; the pawn detectives show up and confiscate to return it to the rightful owner... and insurance policy wouldn't cover it.
Absolutely. It’s just a hedge to mitigate risks.
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Old 20 March 2018, 12:54 PM   #8
gmtuae
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Ah I see. This explains it further. I bought the watch from DavidSW so... I hope no surprises lol. Since I'm not the original owner and let's say it turns out it is stolen, they're not going to come after me, right?
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Old 20 March 2018, 03:26 PM   #9
waQstar
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Originally Posted by gmtuae View Post
Ah I see. This explains it further. I bought the watch from DavidSW so... I hope no surprises lol. Since I'm not the original owner and let's say it turns out it is stolen, they're not going to come after me, right?
May I suggest reaching out to one of the big volume sellers.. They are always buying..
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Old 20 March 2018, 03:30 PM   #10
Gaijin
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May I suggest reaching out to one of the big volume sellers.. They are always buying..
Yes. This.
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