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Old 24 November 2017, 03:06 AM   #31
swish77
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What a nightmare! Very sorry! What is the buyer of your GMT saying? It can't be good, of course. I'm sure he's demanding a refund.

However, how do you know for sure that the package was stolen? You said that FedEx only told you the package was "lost." Does that mean permanently lost? Or is FedEx still searching for it, and is it possible it can still be located? Perhaps it's just temporarily misplaced or accidentally shipped elsewhere and will turn up at some point. Good luck!
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Old 24 November 2017, 05:08 AM   #32
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Originally Posted by swish77 View Post
What a nightmare! Very sorry! What is the buyer of your GMT saying? It can't be good, of course. I'm sure he's demanding a refund.

However, how do you know for sure that the package was stolen? You said that FedEx only told you the package was "lost." Does that mean permanently lost? Or is FedEx still searching for it, and is it possible it can still be located? Perhaps it's just temporarily misplaced or accidentally shipped elsewhere and will turn up at some point. Good luck!
Yes I made a refund to the buyer.
FedEx says they don’t know where the package is. There is a file open in case they find it somewhere but...
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Old 25 November 2017, 08:19 AM   #33
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Wow, this is incredibly sad...and a reminder of the risks of uninsured shipping. I really hope you find it. I will try to look at any local postings over the next few days. You can also try the watch section of dubizzle.com

Also, I scoff at anyone narrow-minded enough to equate Dubai to a region of over a dozen countries and stating it has a "questionable" repute.
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Old 25 November 2017, 08:55 AM   #34
Loevhagen
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This thread is also a reminder to the simple fact that "an old watch is maybe become too valuable".

Imagine a de facto dialogue:

A: "So, you lost a watch? How old was it?"
B: "47 years"
A: "OK - that's really old. Did it work and what did you pay for it?"
B: "Yes. I paid 12.500 USD for it"
A: "OK - so, you paid 12K USD for a watch that is 40+ years?
B: "Yes"
A: "That's insane. How do you expect an insurance to work for such goods? Listen - a mechanical watch to tell time and that is 40 years old and do not glow in the dark - and probably not even water tight."
B: "Full refund"
A: ?

And. that is how TRF and other sites become alienated...
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Old 25 November 2017, 07:46 PM   #35
rootbeer7
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It's becoming cheaper to fly to pick up or deliver personally. Just had a quote for a fully insured shipment London to another EU country of almost 10% of the value of the watch.
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Old 25 November 2017, 09:17 PM   #36
Vincent65
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Quote:
Originally Posted by Loevhagen View Post
This thread is also a reminder to the simple fact that "an old watch is maybe become too valuable".

Imagine a de facto dialogue:

A: "So, you lost a watch? How old was it?"
B: "47 years"
A: "OK - that's really old. Did it work and what did you pay for it?"
B: "Yes. I paid 12.500 USD for it"
A: "OK - so, you paid 12K USD for a watch that is 40+ years?
B: "Yes"
A: "That's insane. How do you expect an insurance to work for such goods? Listen - a mechanical watch to tell time and that is 40 years old and do not glow in the dark - and probably not even water tight."
B: "Full refund"
A: ?

And. that is how TRF and other sites become alienated...
What is THAT all about?
An old painting in bad condition sold for $450 mil the other day.
How, and by whom, is a website "alientated"?
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Old 25 November 2017, 09:34 PM   #37
johnlogan
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OP, Im very sorry! What did you declare the was as? I hope you did not declare it as Rolex Watch cuz if you did you are asking for trouble. Its not the first time the main carriers have had issues with pilferage due the blatant obvious description of the package. Believe me I know...
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Old 25 November 2017, 09:38 PM   #38
johnlogan
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What is THAT all about?
An old painting in bad condition sold for $450 mil the other day.
How, and by whom, is a website "alientated"?
Its the insurance companies playing dumb , but you as watch owner is still miles away of seeing a refund.
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Old 27 November 2017, 05:26 AM   #39
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Old 27 November 2017, 06:08 AM   #40
Kingface66
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Quote:
Originally Posted by Loevhagen View Post
This thread is also a reminder to the simple fact that "an old watch is maybe become too valuable".

Imagine a de facto dialogue:

A: "So, you lost a watch? How old was it?"
B: "47 years"
A: "OK - that's really old. Did it work and what did you pay for it?"
B: "Yes. I paid 12.500 USD for it"
A: "OK - so, you paid 12K USD for a watch that is 40+ years?
B: "Yes"
A: "That's insane. How do you expect an insurance to work for such goods? Listen - a mechanical watch to tell time and that is 40 years old and do not glow in the dark - and probably not even water tight."
B: "Full refund"
A: ?

And. that is how TRF and other sites become alienated...
I'm not sure I follow. My insurance company (USAA) insures the 3 vintage Rolexes I own (all approx. 50 years old) without any problem whatsoever. They have fully approved my appraisals, have them on record, and charge me the annual premium to reflect the values. Unless I'm missing something in your insinuation, I can't see what the issue is.
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Old 27 November 2017, 06:14 AM   #41
05carbondrz
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I'm not sure I follow. My insurance company (USAA) insures the 3 vintage Rolexes I own (all approx. 50 years old) without any problem whatsoever. They have fully approved my appraisals, have them on record, and charge me the annual premium to reflect the values. Unless I'm missing something in your insinuation, I can't see what the issue is.
A private Insurance Company is MUCH different than Fedex insurance who will do anything to Weasel their way out of a claim.
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Old 27 November 2017, 07:07 AM   #42
springer
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Quote:
Originally Posted by Loevhagen View Post
This thread is also a reminder to the simple fact that "an old watch is maybe become too valuable".

Imagine a de facto dialogue:

A: "So, you lost a watch? How old was it?"
B: "47 years"
A: "OK - that's really old. Did it work and what did you pay for it?"
B: "Yes. I paid 12.500 USD for it"
A: "OK - so, you paid 12K USD for a watch that is 40+ years?
B: "Yes"
A: "That's insane. How do you expect an insurance to work for such goods? Listen - a mechanical watch to tell time and that is 40 years old and do not glow in the dark - and probably not even water tight."
B: "Full refund"
A: ?

And. that is how TRF and other sites become alienated...
You totally lost me with your post. What does this mean, " that is how TRF and other sites become alienated..."

By the way, I had a GMT 1675 stolen at a U.S. postal facility in Chicago a few years ago and the USPS paid for the fully insured amount. As a reminder, UPS and FedEx do not insure jewelry/watches - you need your own insurance such as Parcel Pro, Jewels etc.
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Old 27 November 2017, 08:02 AM   #43
Calatrava r
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FedEx doesn't offer insurance above a very small amount for jewelry. To insure you would have needed to obtain your own policy with worldwide coverage. Anytime a package travels internationally there is higher risk, no matter where it goes. Perhaps next time you should consider insured registered mail for your shipments where you do not have your own policy. Good luck in finding your package.
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Old 27 November 2017, 08:05 AM   #44
Calatrava r
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Quote:
Originally Posted by Loevhagen View Post
This thread is also a reminder to the simple fact that "an old watch is maybe become too valuable".

Imagine a de facto dialogue:

A: "So, you lost a watch? How old was it?"
B: "47 years"
A: "OK - that's really old. Did it work and what did you pay for it?"
B: "Yes. I paid 12.500 USD for it"
A: "OK - so, you paid 12K USD for a watch that is 40+ years?
B: "Yes"
A: "That's insane. How do you expect an insurance to work for such goods? Listen - a mechanical watch to tell time and that is 40 years old and do not glow in the dark - and probably not even water tight."
B: "Full refund"
A: ?

And. that is how TRF and other sites become alienated...
The key is to update your appraisals in the manner your carrier requests. Then valuation is not really an issue.
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