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Rolex

P

plymouthian12

New member
After bringing the watch to my jeweler and removing the back its a REAL ROLEX now to have it repaired i seen them on line selling for $5400 :)
 
OUTstanding!
Congratulations.

I'm not a watch guy, but I think I'd have to wear that a while.
 
Nice find! Hopefully it doesnt cost 5k to repair it.
 
Fantastic Find! Definitely worth repairing & wearing. That definitely is a find of a lifetime. Congratulations!
 
If it doesn't cost an arm and a leg to repair it, you should have a pretty
nice payday should you decide to sell it. Nice find and glad it was not
a knock-off Rolex. :wiggle:
 
You might be better off selling it for the gold content.
My old $9 dollar Walmart special is doing really well. Teh heh heh.
Robt2300
 
yup. Even rolexes that are of the condition of being nothing more than PARTS, still retain value. Sought after even if only their parts or re-building value. Congrats.

Now .... of course .... since you are a "law-abiding" person, you are going to abide by your state's lost-&-found laws (items valued at over $250 or whatever), and turn it in to the local police dept. Right?? :wave:
 
plymouthian12 said:
i believe if found in water its considered abandoned property
:)
Click to expand...

I too used to think such things. Until one day, I found some prescription glasses (apparently just lost based on condition). As I got ready to throw them out at the garbage can on my way back to my truck (since they were obviously of no value to me), I had a change of heart. I figured that they WOULD be of value to the person they belonged to. So I decided to put them on the craigslist lost-&-found. Eg.: "Found prescription glasses with metal detector at such & such beach, email to describe, etc..." (heck, I figured there might even be a tip to the finder :)

The next day, an email appeared in my inbox. It was the police in that beach-side city!! They were inquiring if the glasses that I found fit a certain description. Apparently someone had come in to their department that night before, reporting a lost pair of glasses on that tourist-beach. Oddly ... the ones I had found did NOT match that description. So I emailed the lady-cop back, telling her that the ones I found did not match the description she gave. I figured that was the end of that matter.

But no. She emailed back and said something like this:

"Since you probably find all types of items on the beach with your metal detector, ... In the future, we would appreciate it if you turn in all-such-items to the department, for proper lost & found procedure. There is a night-slot box for when we are closed after 5pm. Just put the items in the slot .... IN ORDER TO BE IN PROPER COMOPLIANCE WITH THE LAW ..".

That last part had me stumped. What the h*ck was she talking about? So I looked it up in the laws of CA. Every state has similar wording. It goes something like this: Any item found worth over a given threshold criteria ($100, or $250, or whatever, depending on your state), must be turned in to the police dept. You will get it back if no one claims it in 30 days, supposedly. And if there's any processing costs (like the cost it costs them to run an ad in the local newspaper for "found item, come in to describe), you must pay, if you want the item back.

And quite frankly, I'd be skeptical if you got anything back. I mean, what's to stop the front counter clerk from calling their cousin Joe, and saying "hey joe, want a nice rolex watch? Come down to the dept. and describe a rolex with the following features....". Now I know that sounds dastardly, but ...... in THEIR minds eyes, it was never yours to begin with! How have you been harmed? You turned it in expecting full well that someone might claim it. It was never yours in the first place. You only "found" it, and so forth. And the law makes no distinction of when YOU think an item was lost. Eg.: if you got it from a foot deep, in dry sand, evidencing it'd been there for several years .... makes no difference. The law makes no distinctions. It also makes no distinction on how an item is valued (ie.: the "intrisic value" verses the "value when new"). For example: Obviously the glasses I found had probalby only $1.00 in intrinsic value (some glass and metal). However, to the person who lost them, the poor guy probably paid several hundred dollars (over the $100 CA threshold) when he got them.

All I can say is, .... it made me think twice about ever posting a "found" ad again. And ironically, if you look at the "found" forums on any given day, on any given md'ing site, you see no shortage of people posting and gloating their show-&-tell of their latest rings, watches, etc... that they found. Doh!
 
that would mean all pirate coins would have to be turned in so that all the treasure on the whydah would have to be turned over and see if it was claimed byb the other countries
was your find in water or on land
 
That's great that its the real deal.No watch band?..PI??...After you get it fixed,don,t wear it MDing!!!
You know,Tom was just being sarcastic in his ever taunting....BE a Do-gooder way!!!...GL
 
Plymouthian, the lady-cop didn't ask if I'd found the prescription glasses "in the water or on the dry sand" (or any other such distinction). That was a non-issue. Simply that it was "found". And the way I read the state's lost & found laws (which as I say, are similar in all 50 states), there is no distinction of WHERE it is found. Check it out for yourself, for your own state. Google search for the state laws, and I'm sure you'll find the specifics for your state. And I believe it will make no difference.

Also, when you mention "pirate coins" (or any "old" coins for that matter) that brings up another interesting concept: In the past, on threads when this issue has come up, there's been persons that come on to post that .... for example .... a "$20 gold piece" would therefore go by the FACE value (ie.: $20.00), and therefore be BELOW the threshold for any such reporting or lost & found laws.

However, even this could be up for challenge. For example: Let's say you're a coin collector, on your way to a coin show, and loose a $20 at the beach. Do you *really* think the person who found it can say "finders keepers touch luck"? Something similar to this actually happened in my area! (long story, I won't go into it now).

The laws were born out of wandering cattle laws, and they *do* serve a good purpose. I mean, afterall, if the back door of an armored car swings open on the freeway, and bundles of $100 bills fall out, do you really think the next lucky guy can scoop them up, and say "finders keepers" ?
 
yup, taunting yes :) Kill-joy? yeah :) I mean, SURE, we ALL turn in our rings to the lost & found dept, right? ha!
 
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