DouglasM
1254
Hodinkee is a big proponent of the vintage market
Feb 01, 2023,16:35 PM
They have a vested financial interest into keeping smoke screen / con job going, for their own bottom line. Especially now that they are partially owned by a conglomerate and have corporate masters to answer to. They’re all complicit in this unfortunately, but it doesn’t surprise me. The watch industry is so opaque and borderline illegal so often, it really is easy to become jaded
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This is sickening
By: Cozmopak : January 31st, 2023-23:37
I’m sure many of you are familiar with Perezcope, a gentleman who has a good eye for detecting fraudulent watches, especially those sold at auctions. Recently, Phillips has been the target of several of his investigations. I find it absolutely sickening t...
Not sure how fooled they are
By: Cozmopak : January 31st, 2023-23:59
I think there are many times when they know better but pretend not to know
+100
By: Concord : February 1st, 2023-00:54
Right on, Cozmopak.
By: TheMadDruid : February 9th, 2023-04:12
I do think it’s smartest to stay clear of the auction houses unless you can go in person and you feel very confident in your own ability to spot a problem.
Exactly...
By: patrick_y : February 10th, 2023-14:28
The auction houses prey on the naïveté of the nouveau riche. As long as a steady supply of stupid customers with a lot of money who don't know anything keep on coming in... They'll have a way to sell their wares at top dollar.
One of the auction houses actually hired Jose to validate watches.
By: BigFatPauli : February 1st, 2023-11:55
When he started point out the issues, they thanked him for the information but didn't disclose it. Jose left once he realized they weren't hiring him for his help, but as hush-money. The auction houses know VERY well what they are doing and selling.
I’ve wondered this myself
By: Cozmopak : February 1st, 2023-14:22
Unfortunately, the way they word their contracts makes it very difficult if not impossible to pursue legal action
They’re not going into that story.
By: TheMadDruid : February 9th, 2023-04:18
No matter how reputable these mags are-and I do think WatchTime is reputable-they are still aware of who is buttering their bread. Additionally they might not have the resources to do a deep dive into this issue and still cover all the other stories and i...
Sometimes the big auction houses aren't fooled...
By: patrick_y : February 10th, 2023-14:27
We can't be too naive... Sometimes they aren't fooled. Sometimes they can even be a part of the team doing the fooling... For instance, a separate private company may own the watches where really an auction house employee is the secret shareholder... Lots...
By: David Allen : February 1st, 2023-03:03
It's a shame that publications like Hodinkee don't cover important issues like fakes being sold in auctions. Their silence helps perpetuate this fraud.
+1
By: Blue and White : February 1st, 2023-10:40
+1
By: Cozmopak : February 1st, 2023-14:23
Hodinkee is a big proponent of the vintage market
By: DouglasM : February 1st, 2023-16:35
They have a vested financial interest into keeping smoke screen / con job going, for their own bottom line. Especially now that they are partially owned by a conglomerate and have corporate masters to answer to. They’re all complicit in this unfortunately...
Hodinkee will never provide Bad Publicity...
By: patrick_y : February 10th, 2023-14:32
All journalists are very hesitant to make a bad review. For instance, let's say I was loaned a bad watch. Even as a very truthful and honest journalist... I probably wouldn't flat out say how bad it would. I'd be very constructive in my criticism and try ...
One of the reason I tend to shy
By: Thomas_3 : February 1st, 2023-01:21
away from preowned watches. Learned a lesson years ago on something besides a watch and said never again and I stick to that. Not saying every per-owned seller is questionable because there are some good ones on this forum and other places, Once bitten, t...
+1
By: amanico : February 1st, 2023-06:17
Is anyone . . .
By: Dr No : February 1st, 2023-03:46
. . . really shocked? ...
;)
By: amanico : February 1st, 2023-06:18
Kudos to José.
By: fmc000 : February 1st, 2023-09:05
Last time that I posted on the Italian forum O&P a link to another José masterpiece my post was deleted without even notifying me. I cannot seem to be able to post links but if anyone is interesed just co to perezcope.com an look at the "Unicorn" ...
Thanks for bringing this to our attention
By: Blue and White : February 1st, 2023-10:42
I find it shocking as well that reputable organizations do not check more into the authenticity of the products they offer for auction.
I am so glad Jose is getting some well deserved limelight.
By: BigFatPauli : February 1st, 2023-11:51
Not many people know this but he started doing this several years agos on a/the Panerai forum. The community attacked and even banned him! He could prove everything he was claiming but group think and the mob mentality lynched him all the same. And that w...
What will change for Phillips now?
By: WatchmakerStephenson : February 1st, 2023-12:46
That something like this could happen I think is so strange.. I would expect when the seller has a 'in-house' watchmaker or even an outsourced one the issues such as a faulty dial and/or a frankenwatch will be adressed or at least mentioned when selling. ...
They’re happy to charge massive buyer’s premiums, but no due diligence
By: DouglasM : February 1st, 2023-16:03
It took Jose a simple email to get a straight answer, straight from the source. Which tells you that Phillips did absolutely nothing in their course of checking it out. The auction houses are a shameful lot and Jose has caught a lot of pieces over the pas...
Fraud definitely occurs everywhere...
By: patrick_y : February 10th, 2023-14:25
Auction houses are no exception. Anywhere there is trust, there is the potential to abuse that trust. Anywhere there are tons of money to be made, there are people looking to take advantage. Thus, one should always be careful in the watch world, car world...