Do you ‘good Samaritan’ Omegas?

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A recent thread from a new member in the modern forum got me thinking about this. Don’t want to call anyone out so I’m starting a new thread here.

The person in question bid and won on a two-tone Seamaster diver that would probably cost several thousand on the preowned market—he paid $500 and was disappointed (in a humble not-obnoxious way) to learn after-the-fact from OF that it’s a very bad fake.

The question in my mind: would you feel a lot better if you found out it was real? Or would you be nagged by the fact that you might have just taken advantage of a seller’s ignorance?

This isn’t a holier-than-thou post. Back in the day I made several thousand dollars buying and selling used camera gear—someone who didn’t understand what they had would be selling a Canon L lens, say, for $300 that was worth $1700. Easy flip for me. (This was via Craigslist and eBay, and I’d sell on one of the Canon forums, usually.) Never felt a pang of remorse then, figuring it was their fault for not researching value.

And then one time I got into a back and forth with a seller (I think it was a nice full frame DSLR body) and found out it was a recently widowed woman just looking to sell off some of her husband’s stuff quickly. She didn’t have the emotional energy to do all the research so was basically making up prices. (I’d reached out to ask questions to make sure it was a functional camera body.)

Ugh the guilt. I ended up explaining to her what she had (there were a bunch of nice lenses too and lots of other gear) and helped her sell it. In the end she made probably $7,000 more than she would have on her own.

And I realized that actually felt pretty good too. I’m not a believer in karma, but maybe it’s something like that.

With watches, I don’t play hero and look through listings for undervaluations to try to save people or anything. But there have been a few times when I’ve incidentally come across something and reached out to a seller to make sure they know what they have. As often as not, they do and just want to make a quick and easy sale. (Which makes you wonder.) But on occasion they’ve been very grateful for the info and have relisted accordingly. And it’s almost always a spouse or a kid of someone who’s passed.

Just wondering if others have done this sort of thing.
 
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Honesty is the best policy and karma is real. In this Information cloud
we live in, there really is no excuse for underpricing anything. That said, IMO it’s wrong to take advantage of a person who might be technologically or otherwise challenged or even lazy. There have been threads on this before. So :🍿:…………
 
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Should I have a twinge of conscience when someone offers me a collectible watch for free, but I decline his offer and insist that I pay him for the watch, even though it was a”bottom feeder” price? That has happened to me on occasion.
 
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If I am buying a watch from someone who doesn't know watches, they generally don't the ability to open a watch and show the inside or even test a watch thoroughly, so I need to price in the risk ... I've learned that the hard way. If you pay an optimistic price, sometimes you will be lucky, but other times you will find a bunch of unexpected problems, and it's not a good gamble.

So when making an offer in a situation like that, I try to consider everything that could plausibly be wrong with the watch, and offer a price that reflects the hypothetical problems. I will usually explain my reasoning to them, and tell them that if they want to make the effort to investigate the watch in detail and pursue an auction sale, they might get more, or they might not. Often they are happy to make a fast and easy sale. Other times, they have an unrealistic idea of value based on their naive research, and they think they should get the amount that a top dealer is asking for a perfect example.
 
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If I hear someone say they "stole it" after buying something, I think of the person who was just robbed. It leaves a distaste.
 
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If I hear someone say they "stole it" after buying something, I think of the person who was just robbed. It leaves a distaste.
When it comes to auctions though, a steal in this case I'm happy to do.
 
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Years ago, a friend was approached by an acquaintance who offered him a non-Oyster manual winder (50s vintage), and a 18-size, Waltham 1883, 17-jewel, CPR model pocket watch for $600.00. Steal of a deal! My friend told him the watches were worth more than that! The guy said, “$600.00 take them or leave them!” Without a twinge of conscience, my fried paid him the $600.00!

I was recently offered 3 watches, two with chains, for free. I offered $150.00 for the one I wanted. All or nothing was the reply. So I took all three for $150.00. I later found the chain on the one watch was 16.5 grams, marked 10 k. Scrap value about $500.00. I phoned the guy and told him about the chain, and he should come get it! He did! Conscience?
 
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I would not want to knowingly want to take advantage of someone else's lack of knowledge, so I would tell them. If they said ok and sold me the watch lower than it's true market value I would be happy to pay the price and keep the watch.
My goals are to live an honest life, treat others with respect and be able to sleep well at night. I don't always manage it, they are goals not absolutes.
( I admit it, every time someone on one of those stupid electric scooters comes within a hairs bredth of me on the pavement, I want to push them off)