1962 Rolex Oyster Date Birth Year watch - lost auction now offered second chance - Shill Bidder?

Posts
30,843
Likes
36,289
That second part is already in a lot of threads, most people that collect watches know about it as is.
 
Posts
12,742
Likes
17,251
(Worked at a airport for several years) Some of the bigger companies like Rolex ( in the USA and Australia) pay a fee for customs to enforce their rules. Customs are only to happy for a bit of extra funding....

The only ones being paid here are Rolex's attorneys who continually win lawsuits against grey market importers. Omega tried this a few years ago with only a partial victory. Most other companies don't bother.

I don't think it's right to imply that our customs officers are "on the take".

I can't comment on Australia Customs.
gatorcpa
 
Posts
16,754
Likes
47,415
The only ones being paid here are Rolex's attorneys who continually win cases against grey market importers. Omega tried this a few years ago with only a partial victory. Most other companies don't bother.

I don't think it's right to imply that our customs officers are "on the take".

I can't comment on Australia Customs.
gatorcpa


Never mentioned on the take.... This is a common business practice with some high end brands around the world
 
Posts
2,808
Likes
8,338
That second part is already in a lot of threads, most people that collect watches know about it as is.


Unless you are new to collecting. I had inherited one 1970's Rolex from my granddad and wore it from 1987 to 2011 when it was stolen. I replaced it in 2013 with another 30 year old Rolex, and since then have collected a second 14 year old Rolex, 2 recent Omegas, and a 40 year old Speedmaster. I only started reading forums in May, and hadn't come across that tidbit once.

I guess you read you learn, but how long should it take to find out not to buy a Rolex from outside of the USA?
 
Posts
309
Likes
360
Hm. I'm still waiting to hear from cf-ken on the original topic. Maybe he can explain why his last ten eBay auctions were all won by the same two bidders. And why both bidders have zero feedback. And why both bidders have never bid on anyone's auctions besides his. 😗
 
Posts
2,808
Likes
8,338
Well, I've moved on. But thanks for investigating.

EDIT - well I thought I've moved on, but dang that was a nice looking birth year watch.

I have only seen one other 1962 watch worth buying, a connie pie pan, and I bid on it today with a Gixen dual-server account to snipe it. I had an advisor here on the forums who had me jump from $666 to $1168, and still lost it.
 
Posts
438
Likes
181
I've been interested in several watches posted FS by cf-ken. I won't be interested in anything else until he presents an explanation in this forum. There COULD be a reasonable explanation. I can't think of one right off hand but there could be. I suppose.

🍿
 
Posts
3,184
Likes
3,853
I don't think cf-ken participates in the forum except to post in the FS section, so you may be waiting for quite a while.
 
Posts
2,808
Likes
8,338
Well, I certainly don't want to ruin things for CF-ken here, but when I posted this I didn't know he was a member. If had known that I might have sent him a private message first.

i'm almost afraid to send him a private message now that this has blown up.

If I recall it did look at the for-sale that was posted here for $1750 before the auction was close to ending. And then instead of the auction ending at $1285 with me as the winner I kept trying to outbid the shill bidder until I hit the $1750 and quit. I kept thinking every time I added $25 to my bid that this has got to end any second now.

I did not realize at the time that the two watches were the same one. I probably could have sent him a private message here and sweet talked him down a couple hundred dollars, but I tried my luck with the auction instead.

My watchmaker still says it's worth $1500 serviced, but every time I lose an auction for a 1962 watch the devil on my left shoulder tells me maybe I need to send him a message, apologize, and just buy the darn thing. But the angel on my right shoulder tells me, "no".
 
Posts
11,973
Likes
20,814
Why bother with a shill? Why not just set a reserve or list as buy it now with offer?
Is it the fact that a genuine bidder may increase their bid if they think another person is willing to pay slightly more than they are? Then if two buyers go at it, the seller might get lucky and achieve more than they actually wanted or is there another reason?
 
Posts
2,808
Likes
8,338
Why bother with a shill? Why not just set a reserve or list as buy it now with offer?
Is it the fact that a genuine bidder may increase their bid if they think another person is willing to pay slightly more than they are? Then if two buyers go at it, the seller might get lucky and achieve more than they actually wanted or is there another reason?


Yes.
 
Posts
11,973
Likes
20,814
Perhaps I'm missing something but I don't see the significant benefit of using shill bidding over simply setting a reserve v
 
Posts
438
Likes
181
Perhaps I'm missing something but I don't see the significant benefit of using shill bidding over simply setting a reserve v

Obtain a Zig Ziglar book about selling. (People make fun of him but it's a good place to start.)

You should do this before you make another major purchase, like a house, car, WATCH, appliance, etc.

Even when you know what a good salesman is doing ("Hey, I gotta go ask my manager") those ancient tricks still work.
 
Posts
12,742
Likes
17,251
Perhaps I'm missing something but I don't see the significant benefit of using shill bidding over simply setting a reserve v

Other than the fact the eBay charges extra for the reserve price feature? 😵‍💫
gatorcpa
 
Posts
2,179
Likes
2,577
Creates the illusion of interest and activity for an item, among other factors.
 
Posts
4,402
Likes
5,797
There is ALWAYS another example of the watch you desire. Don't sweat it ... Move on. Another opportunity will arise in time

And nothing beats a pm (here).
 
Posts
2,617
Likes
5,602
Long story, boring: I was twisted a couple weeks ago because I lost out on a UG which was being sold in the UK for $2500. Watch was really only worth $1800 tops but I was willing to pay $2200 because it was exactly want I wanted. Well, wouldn't you know, someone else paid full asking price and (((poof))), my "dream" watch was gone.
I was depressed and pi$$ed.


moneyshot!!!! I just bought the same watch (4) hours ago for ~$900. And , bonus, the one I got tonight is a complete set: both boxes, papers and sales receipt. Guy needed money STAT and I was ready.

There's always another party...




Well, I certainly don't want to ruin things for CF-ken here, but when I posted this I didn't know he was a member. If had known that I might have sent him a private message first.

i'm almost afraid to send him a private message now that this has blown up.

If I recall it did look at the for-sale that was posted here for $1750 before the auction was close to ending. And then instead of the auction ending at $1285 with me as the winner I kept trying to outbid the shill bidder until I hit the $1750 and quit. I kept thinking every time I added $25 to my bid that this has got to end any second now.

I did not realize at the time that the two watches were the same one. I probably could have sent him a private message here and sweet talked him down a couple hundred dollars, but I tried my luck with the auction instead.

My watchmaker still says it's worth $1500 serviced, but every time I lose an auction for a 1962 watch the devil on my left shoulder tells me maybe I need to send him a message, apologize, and just buy the darn thing. But the angel on my right shoulder tells me, "no".
 
Posts
11,973
Likes
20,814
I understand the main reasoning behind using a shill bidder. What I think is over exaggerated is the benefit. The huge amounts of re listing seen on items where shill bidding is used, suggests that items rarely sell and when they do, there's only one genuine bidder. I accept that in these instances you may push up the final price slightly. However, It seems very rare for two genuine bidders to go at it simply because of a shill. Furthermore. Where there's two real bidders, the result would be the same had the listing simply had a reserve. When you set this minimal benefit against the hassle of cancelling sales and the negative perception and associated loss of potential customers, such as on this forum, I still can't see a significant benefit to employing it.
 
Posts
5,813
Likes
9,023
I'm not that sure that this is a 1962 watch. What is the serial and what does the caseback say?
 
Posts
3,849
Likes
27,360
I have a fantastic 1962 all-original (well, except for the replacement rotor) "Thunderbird" 1625 Datejust....A few years ago I gave it to my father to wear (which he only does rarely, when I remind him, alas), but I get to put it on again when I visit.






I'm not really a fan of the two-tone Datejusts, but this one really just pops on the wrist.