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timoss
·Has the seller been unveiled yet?
Geneva Results Discussion November 2021
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Mark020
··not the sharpest pencil in the ΩF drawerDon't think that will ever happen
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mr_yossarian
·Has the seller been unveiled yet?
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tyrantlizardrex
·Since the watch was offered with the EOA I suspect it came with it already. One could find the person who ordered the extract through Omega..they know who ordered which. But as long as they have no interest in revealing that, we won't get to know it..
There is an accusation that the Extract Of the Archives was acquired through the back door from a former employee of Omega in Biel/Bienne who had earned a reputation for "helping" auction houses/dealers...
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mr_yossarian
·There is an accusation that the Extract Of the Archives was acquired through the back door from a former employee of Omega in Biel/Bienne who had earned a reputation for "helping" auction houses/dealers...
I am not going to comment on that, but..let's say a couple of years ago already I adressed that exact topic of "favoured" treatment by certain people within for certain people outside of Omega, didn't out of the blue, but for reasons, hence I have no issue following your statement.
So..if there is no record to be found for this extract is as good as findig one somehow. It just needs someone at Omega who has the balls and ethics to do it.
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mr_yossarian
·I am not going to comment on that, but..let's say a couple of years ago already I adressed that exact topic of "favoured" treatment by certain people within for certain people outside of Omega, didn't out of the blue, but for reasons, hence I have no issue following your statement.
So..if there is no record to be found for this extract is as good as findig one somehow. It just needs someone at Omega who has the balls and ethics to do it.
APENDIX: Unfortunately can't see when the extract was issued by Omega. But if it was in or after 2017, well. I can tell you that no one then was allowed to enter the Archives without explicit clearence from the current CEO. So there must be traces or if not..see above.
Edited:
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tyrantlizardrex
·APENDIX: Unfortunately can't see when the extract was issued by Omega. But if it was in or after 2017, well. I can tell you that no one then was allowed to enter the Archives without explicit clearence from the current CEO. So there must be traces or if not..see above.
I understand that it is a post 2017 extract.
It doesn’t have the names of those you would expect to see on an archive certificate from what I have been told (from what I have seen post 2017 it has been PP or RA, this certificate does not bear either of their names).
There are suggestions that the person whose name is on this extract was doing things they should not have been doing. And doing them without authorisation. Hence them no longer being employed.
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padders
··Oooo subtitles!Let's just be frank. The whole extract system has been full of holes and a bit bent for years. At one point you could specify what you wanted printed on one, that was tightened up but this example is a good reminder that it has never at any point been a cast iron guarantee that a watch is honest. Quite the opposite. It seems it still can't be trusted.
Buyer be (massively) 'ware. If something smells bad, a piece of paper from Bienne is not your reason to ignore the smell.
Buyer be (massively) 'ware. If something smells bad, a piece of paper from Bienne is not your reason to ignore the smell.
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tyrantlizardrex
·Let's just be frank. The whole extract system has been full of holes and a bit bent for years. At one point you could specify what you wanted printed on one, that was tightened up but this example is a good reminder that it has never at any point been a cast iron guarantee that a watch is honest. Quite the opposite. It seems it still can't be trusted.
Buyer be (massively) 'ware. If something smells bad, a piece of paper from Bienne is not your reason to ignore the smell.
I think in this case we’re far beyond the “irregularities” we’ve seen elsewhere.
This appears to be a concerted effort by a group of people to build a watch to defraud.
One of them worked for Omega (not any more), one of them runs Phillips watch department, the others are Swiss dealers…
The chances are that nothing will come of this however, as the funds used to pay for the watch very likely came from less than legitimate sources… Macau… ahem.
The larger story might be that criminals rip off criminal in farcical auction run by criminals.
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padders
··Oooo subtitles!It has been suggested that dirty money is run through auctions like this to legitimise it which as created some of the bubbles in othewise boring pieces. This auction took the piss rather.
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Archer
··Omega Qualified WatchmakerLet's just be frank. The whole extract system has been full of holes and a bit bent for years. At one point you could specify what you wanted printed on one, that was tightened up but this example is a good reminder that it has never at any point been a cast iron guarantee that a watch is honest. Quite the opposite. It seems it still can't be trusted.
Buyer be (massively) 'ware. If something smells bad, a piece of paper from Bienne is not your reason to ignore the smell.
There was a brief period after they stopped putting down owner supplied information,. and when they only required the serial number, that was probably the period with the most realistic results. If they had kept it that way I would have a little more faith in these extracts, but when they started requiring case numbers and photos, the credibility went out the window IMO.
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padders
··Oooo subtitles!There was a brief period after they stopped putting down owner supplied information,. and when they only required the serial number, that was probably the period with the most realistic results. If they had kept it that way I would have a little more faith in these extracts, but when they started requiring case numbers and photos, the credibility went out the window IMO.
Agreed. The extract system has been yet again fully discredited. I recall a few years ago on here when a respected member, I forget who, was keen to shut down any and all criticism of the extracts system. He claimed to have a friend at the facility who was making it better any therefore any criticism was a slur on him.
Glad now I ignored his nonsense.
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S.H.
·I think in this case we’re far beyond the “irregularities” we’ve seen elsewhere.
This appears to be a concerted effort by a group of people to build a watch to defraud.
One of them worked for Omega (not any more), one of them runs Phillips watch department, the others are Swiss dealers…
The chances are that nothing will come of this however, as the funds used to pay for the watch very likely came from less than legitimate sources… Macau… ahem.
The larger story might be that criminals rip off criminal in farcical auction run by criminals.
I may be paranoid , but I don't see it at a defraud attempt. It could be a clever and cheap way to transfer a lot of value under the nose of various security / regulating agencies.
Want to obfuscate and launder the transfer of your 3 mil to another country in foreign currency ? If this is outlawed, or if it triggers too much scrutiny, you build a credible costly watch, an avatar sells it claiming it has been found in an attic, another avatar buys it, and voilà. Only the auction house may know something about the specifics of the transaction.
Just one flaw here: it should have been a Daytona to be believable . Amateurs. Everybody knows early speedys are throwaway clunky watches.
😁
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