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songxu · 3 August 2011, 12:30 AM

I pass this local small jewery/pawn store every day, and there is this huge sign : "buy gold, buy watch". One day I get really curious about the market price of my watch, and walked in, with my 2008 Pt DD with diamond on my wrist (it is my daily wear now, even when I am in my T and shorts, cannot live more than 100 feed from my DD). I want the store owner to appraise my watch. He took it, use his eye lope look at the back side of the cover very carefully. And asked me (with a thick Russian accent):

"is this a replica?"

I am obviously upset, and asked him instead:" do you know about watches? Can you feel the weight of this thing? it is Platinum"

He said:"just the weight? How come there is no stamp?"

I got scared, and afraid he will run with my watch, I took it from his hand, and run away as fast as I can.

I am stupid. Curiocity kills the cat.

dddrees · 3 August 2011, 12:47 AM

Yep, not sure I would want to take any of my watches to just any jeweler.

johnbeth · 3 August 2011, 01:02 AM

I would had run based on first question by the so called jeweler.

scarab007 · 3 August 2011, 01:06 AM

Yes, stay away from those places. Just bad news all the way around and the fact he asked you if it was a fake. Real crazy!

Ski Dweller · 3 August 2011, 01:07 AM

So the reputable guy has the sign "buy gold, buy watch" on his storefront window? I think not. IF you want melt value w/o the assay and appraisal hassle, buy 18-24K gold coins.

TimothyNelson · 3 August 2011, 01:08 AM

The other day I was shopping and a gentleman asked me "Nice watch.... is it real?" and before I could utter a response, his galfriend/wife whatever nudged him and said in a womanly firm voice: "Does it LOOK fake?" - He turned red and said "Nice watch, man", she waved, nodded and they walked off.

MortgageGuy · 3 August 2011, 01:13 AM

Oh My... I would certainly stay away from these places... Sorry to hear of your troubles, can we see come pics of your watch, Love the platinum DD

2th Dr · 3 August 2011, 01:16 AM

What a maroon! I would have run too! He was trying to pull a fast one on you, hoping you wouldn't know anything about your watch, so he could buy it from you for next to nothing! I would have spit out the model number, series, and movement, and then looked at his dumbfounded face.

paddy_crow · 3 August 2011, 01:47 AM

If you want an appraisal, go to an AD. You'll probably have to pay if you want it in writing.

Pawn shop value and market value are going to be hugely different.

nauticajoe · 3 August 2011, 01:50 AM

Run....and don't look back.

ManUtd · 3 August 2011, 01:53 AM

Quote:

Originally Posted by paddy_crow

If you want an appraisal, go to an AD. You'll probably have to pay if you want it in writing.

Pawn shop value and market value are going to be hugely different.

This is what I'd do too.

JUSTROLEXES · 3 August 2011, 01:57 AM

Quote:

Originally Posted by songxu

I took it from his hand, and run away as fast as I can.

That was a smart move for that day

conrail · 3 August 2011, 01:58 AM

You went into a store with the sign "buy gold/buy watch" written like that and you're surprised about the experience!? Stay far away from those places!

Newportkrieger · 3 August 2011, 02:01 AM

If you let him take the watch in back to "authenticate it" you WOULD have ended up with a replica Rolex.. LOL.

007bond · 3 August 2011, 03:56 AM

Quote:

Originally Posted by Newportkrieger

If you let him take the watch in back to "authenticate it" you WOULD have ended up with a replica Rolex.. LOL.

Exactly!

Ebruner · 3 August 2011, 04:10 AM

Quote:

Originally Posted by conrail

You went into a store with the sign "buy gold/buy watch" written like that and you're surprised about the experience!? Stay far away from those places!

I have a We buy Gold/Silver/Watches sign on my sidewalk, and I buy and sell rare coins and Rolex. I am a rare coin and Currency dealer, and I own Glasgow Coin & Jewelry. I pay strong prices and do I great business. Don't knock peoples businesses based on such trivial pieces of info.

-Eddie

Newrolexbuyer · 3 August 2011, 04:17 AM

Eddie, I think you make a valid point. Most people are associating those signs with pawn shops and shady jewelry stores because everyone of them has a "we buy gold and Rolex" signs in their window.

mjclark32 · 3 August 2011, 04:21 AM

Good move getting out of there quickly

r s gibson · 3 August 2011, 04:53 AM

I saw a GMT II in Herbert Browns (UK pawn shop/jewellers) .I enquired if they would do a part ex with my Omega Seamaster GMT 50 aniv model ,the guy said they would offer 25% of retail price.

guy369 · 3 August 2011, 05:03 AM

Bring in a fake and see what he offers you!

I bought a 1999 GMT Master Pepsi Bezel, market worth = $3700-4000.

I was offered $2900 for it by a guy who will turn around and sell it for $5000!

It made me pretty upset that I asked him what the trade in value was worth as I was looking to upgrade.

fc3s2k · 3 August 2011, 05:10 AM

Sorry to hear that.
I'm glad you got out of there with your DD

dooder202 · 3 August 2011, 05:14 AM

He was probably going to offer you $500 hoping you found it somewhere and knew nothing about watches. Then when you left you'd be the joke of the month and he had a watch worth 10's of thousands. Good thing you left, obviously.

Passionata · 3 August 2011, 05:23 AM

These guys are make living on desperate ones ,if you need cash very quick you must forget a decent deal

Nicko · 3 August 2011, 05:25 AM

OK, I'll play Devil's advocate. Why did you run? Are you afraid of Russian accents? Did you feel afraid at any moment? Why did you judge the man based on his accent and his sign?

travisb · 3 August 2011, 05:31 AM

I hate the idea of handing my watches over to any pawn shop.
Better ways to get an appraisal.

Keeperoftime · 3 August 2011, 05:32 AM

Russian accents don't mean anything. Well.. No more than a sign that says "we buy gold" in Detroit :)

Please post a pic of your Pt Dd-one of my faves.

RolexPete32 · 3 August 2011, 05:34 AM

Last place to go if you want to know what anything is worth. This place is a pawn shop or at least sounds like one? These guys will buy for melt value or buy as low as they can to sell as high as they can. Try here on the fourm if you need advice next time.

Newportkrieger · 3 August 2011, 06:04 AM

Quote:

Originally Posted by Ebruner

I have a We buy Gold/Silver/Watches sign on my sidewalk, and I buy and sell rare coins and Rolex. I am a rare coin and Currency dealer, and I own Glasgow Coin & Jewelry. I pay strong prices and do I great business. Don't knock peoples businesses based on such trivial pieces of info.

-Eddie

Sir, your industry has far more than it's fair share of scoundrels. In fact the vast majority are and your industry has EARNED it's reputation in my book.

Besides you guys get to laugh all the way to the bank.

Ebruner · 3 August 2011, 06:07 AM

Quote:

Originally Posted by Newportkrieger

Sir, your industry has far more than it's fair share of scoundrels. In fact the vast majority are and your industry has EARNED it's reputation in my book.

Besides you guys get to laugh all the way to the bank.

Tell me how thew RARE COIN industry has a bad reputation?? Please do tell??

Also, to everyone bashing resellers, where you work...how much margin do you operate on?? 10.. 20.. 30.. 40.. %.

-Eddie

Nicko · 3 August 2011, 06:11 AM

Quote:

Originally Posted by Ebruner

Tell me how thew RARE COIN industry has a bad reputation?? Please do tell??

Also, to everyone bashing resellers, where you work...how much margin do you operate on?? 10.. 20.. 30.. 40.. %.

-Eddie

3 August 2011, 12:30 AM	#1
songxu "TRF" Member Join Date: Nov 2008 Location: Detroit Posts: 175	Scary experience at local jewery store I pass this local small jewery/pawn store every day, and there is this huge sign : "buy gold, buy watch". One day I get really curious about the market price of my watch, and walked in, with my 2008 Pt DD with diamond on my wrist (it is my daily wear now, even when I am in my T and shorts, cannot live more than 100 feed from my DD). I want the store owner to appraise my watch. He took it, use his eye lope look at the back side of the cover very carefully. And asked me (with a thick Russian accent): "is this a replica?" I am obviously upset, and asked him instead:" do you know about watches? Can you feel the weight of this thing? it is Platinum" He said:"just the weight? How come there is no stamp?" I got scared, and afraid he will run with my watch, I took it from his hand, and run away as fast as I can. I am stupid. Curiocity kills the cat.

3 August 2011, 12:47 AM	#2
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,251	Yep, not sure I would want to take any of my watches to just any jeweler. __________________ When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

3 August 2011, 01:13 AM	#7
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	Oh My... I would certainly stay away from these places... Sorry to hear of your troubles, can we see come pics of your watch, Love the platinum DD __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

3 August 2011, 01:58 AM	#13
conrail "TRF" Member Join Date: Sep 2010 Location: Boston Posts: 3,177	You went into a store with the sign "buy gold/buy watch" written like that and you're surprised about the experience!? Stay far away from those places! __________________ "Oh, you give a f****' aspirin a headache, pal!"

3 August 2011, 04:21 AM	#18
mjclark32 "TRF" Member Join Date: Mar 2010 Real Name: MJC Location: PHL USA Watch: IWC, Rolex, AP Posts: 29,232	Good move getting out of there quickly __________________

3 August 2011, 01:02 AM	#3
johnbeth "TRF" Member Join Date: Jul 2010 Real Name: John Location: Australia Watch: Depends on mood. Posts: 9,536	I would had run based on first question by the so called jeweler.

3 August 2011, 01:06 AM	#4
scarab007 "TRF" Member Join Date: Apr 2011 Location: San Fran Watch: SS Daytona Posts: 385	Yes, stay away from those places. Just bad news all the way around and the fact he asked you if it was a fake. Real crazy!

3 August 2011, 01:07 AM	#5
Ski Dweller Banned Join Date: Jan 2010 Location: Aspen, CO Watch: Swatch KikiPicasso Posts: 266	So the reputable guy has the sign "buy gold, buy watch" on his storefront window? I think not. IF you want melt value w/o the assay and appraisal hassle, buy 18-24K gold coins.

3 August 2011, 01:08 AM	#6
TimothyNelson "TRF" Member Join Date: Apr 2011 Real Name: Timothy Nelson Location: Minnesota Watch: 18038 Posts: 377	The other day I was shopping and a gentleman asked me "Nice watch.... is it real?" and before I could utter a response, his galfriend/wife whatever nudged him and said in a womanly firm voice: "Does it LOOK fake?" - He turned red and said "Nice watch, man", she waved, nodded and they walked off.

3 August 2011, 01:16 AM	#8
2th Dr Banned Join Date: Jan 2009 Real Name: Mark-O! Location: Arlington, TX Watch: Rolex Posts: 12,714	What a maroon! I would have run too! He was trying to pull a fast one on you, hoping you wouldn't know anything about your watch, so he could buy it from you for next to nothing! I would have spit out the model number, series, and movement, and then looked at his dumbfounded face.

3 August 2011, 01:47 AM	#9
paddy_crow Member Join Date: Nov 2010 Location: Michigan Posts: 592	If you want an appraisal, go to an AD. You'll probably have to pay if you want it in writing. Pawn shop value and market value are going to be hugely different.

3 August 2011, 01:50 AM	#10
nauticajoe "TRF" Member Join Date: Feb 2010 Real Name: Joe Location: PA Posts: 14,774	Run....and don't look back.

3 August 2011, 02:01 AM	#14
Newportkrieger Banned Join Date: Nov 2009 Real Name: Steve Location: Newport Beach, CA Watch: GMT Master Pepsi Posts: 1,243	If you let him take the watch in back to "authenticate it" you WOULD have ended up with a replica Rolex.. LOL.

3 August 2011, 04:17 AM	#17
Newrolexbuyer Banned Join Date: May 2011 Location: Oregon Watch: DDII Ever Rose Posts: 55	Eddie, I think you make a valid point. Most people are associating those signs with pawn shops and shady jewelry stores because everyone of them has a "we buy gold and Rolex" signs in their window.

3 August 2011, 04:53 AM	#19
r s gibson "TRF" Member Join Date: Aug 2010 Real Name: R S Gibson Location: manchester uk Watch: gmt 16750 matte di Posts: 19	I saw a GMT II in Herbert Browns (UK pawn shop/jewellers) .I enquired if they would do a part ex with my Omega Seamaster GMT 50 aniv model ,the guy said they would offer 25% of retail price. Last edited by Welshwatchman; 3 August 2011 at 06:50 AM..

3 August 2011, 05:03 AM	#20
guy369 "TRF" Member Join Date: Jun 2011 Real Name: Guy Location: Toronto Watch: 116610 Posts: 586	Bring in a fake and see what he offers you! I bought a 1999 GMT Master Pepsi Bezel, market worth = $3700-4000. I was offered $2900 for it by a guy who will turn around and sell it for $5000! It made me pretty upset that I asked him what the trade in value was worth as I was looking to upgrade.

3 August 2011, 05:10 AM	#21
fc3s2k "TRF" Member Join Date: Jul 2009 Real Name: Barry Location: california Watch: OFFICINE PANERAI Posts: 1,289	Sorry to hear that. I'm glad you got out of there with your DD __________________

3 August 2011, 05:14 AM	#22
dooder202 Banned Join Date: Sep 2010 Real Name: Eric Location: US Watch: DateJust Posts: 1,468	He was probably going to offer you $500 hoping you found it somewhere and knew nothing about watches. Then when you left you'd be the joke of the month and he had a watch worth 10's of thousands. Good thing you left, obviously.

3 August 2011, 05:23 AM	#23
Passionata "TRF" Member Join Date: Mar 2011 Location: N/A Watch: the girls Posts: 7,095	These guys are make living on desperate ones ,if you need cash very quick you must forget a decent deal __________________ Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- newhttps://youtu.be/EljAF-uddhE new http://youtu.be/ZmpLoO1Q8eQ IG @passionata1

3 August 2011, 05:25 AM	#24
Nicko Banned Join Date: Aug 2009 Location: Not here anymore Posts: 4,787	OK, I'll play Devil's advocate. Why did you run? Are you afraid of Russian accents? Did you feel afraid at any moment? Why did you judge the man based on his accent and his sign?

3 August 2011, 05:31 AM	#25
travisb 2024 Pledge Member Join Date: Aug 2009 Real Name: Travis Location: FL / NYC Watch: Yes.. Posts: 32,539	Good thing you got out of there... I hate the idea of handing my watches over to any pawn shop. Better ways to get an appraisal.

3 August 2011, 05:32 AM	#26
Keeperoftime "TRF" Member Join Date: Apr 2009 Real Name: Jeremy Location: Louisiana Watch: Rolex Posts: 2,732	Russian accents don't mean anything. Well.. No more than a sign that says "we buy gold" in Detroit :) Please post a pic of your Pt Dd-one of my faves.

3 August 2011, 05:34 AM	#27
RolexPete32 "TRF" Member Join Date: Dec 2008 Real Name: Peter Location: Canada Watch: You know... Rolex Posts: 1,520	Last place to go if you want to know what anything is worth. This place is a pawn shop or at least sounds like one? These guys will buy for melt value or buy as low as they can to sell as high as they can. Try here on the fourm if you need advice next time.

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