Comments on: Patek Philippe Watch Swap Scam?

By: Racer88

Racer88 — Tue, 15 Jun 2021 15:32:33 +0000

In reply to Oscar Klosoff. And, he's doing this kind of business with a SEVENTEEN year old??? Bullshit.

By: Oscar Klosoff

Oscar Klosoff — Tue, 15 Jun 2021 13:36:21 +0000

In reply to Racer88. The fullest story is at the final link in the article. The seller inexplicably sent him a photo of the entire current inventory beforehand. The alleged scammer was initially interested in an FP Journe (!) but had diverse taste that included a sixth of the stock. Supposedly while the kid is pawing and wiping this Patek, old Gau wanders over to the fridge to get him a drink. It's all fishy, but that kind of operations security failing is bad, real bad.

By: nas9005

nas9005 — Tue, 15 Jun 2021 00:43:36 +0000

Anyone have any references/research articles on Singapore’s watch trade? I’m very curious as to the legitimacy of products being sold from there as well. There appear to be quite a few Singapore based microbrands that are becoming popular through kickstarter and e-commerce. For such a small country, they seem to be taking up a disproportionately large chunk of the watch trade, or is it the watch news.

By: Racer88

Racer88 — Tue, 15 Jun 2021 00:19:07 +0000

I must be a bit dense today. So, I’m not following the story. This high-stakes watch collector / dealer was selling a 17 year old an IWC watch. That’s strange enough.

How did the kid get his hands on the collector / dealer’s personal 6-figure Patek??? And, then he HAPPENED to have a replica of THAT model to pull the switcheroo??

Yeah…. the story is 100% bull-puckey.

By: Oscar Klosoff

Oscar Klosoff — Mon, 14 Jun 2021 21:07:50 +0000

The moral of the story is that those planning to pull the old switcheroo on Gau when he gets a real shop should be fashionably dressed foreign minors. The subtext is supposedly that you can’t scam old Gau and his goods are legit!

What does ‘guardian’ mean here: “To fund the crime, he’d borrowed money from his guardian on the promise that he could flip a watch and make a quick profit.” Is this Korean student being hosted by some Fagin type? Won’t that guy be steamed about Gau supposedly confiscating the fake?