Indeed Nico…

Apr 22, 2022,06:45 AM
 

But whom is to blame? We seem to expect our Politicians (in the UK at least) to have an opinion on every subject and rate off accurate numbers and stats time after time. The bar is set uncompromisingly high.

We should value an expert for being an expert and a politician, for their principles and spirit.

I suspect with experts the allure of $$$$ simply becomes too much to hold the line with the potential customer.

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Art, Wine, Luxury Cars, and Watches - All Suffer From Financial Speculators and Fraudsters

 
 By: patrick_y : April 21st, 2022-19:42
As long as there have been wealthy people, there have been fraudsters out there trying to cheat them. Industries where fraudulent activities happen are almost always centered around resold luxury goods. The Luxury good industry attracts a certain kind of ...  

Great write up and very valid points.

 
 By: doubleup : April 21st, 2022-20:01
I have seen Sour Grapes, crazy story. Check out Made You Look on netflix about an art counterfeit scam. Ben

I haven't seen that one!

 
 By: patrick_y : April 21st, 2022-22:05
I'll have to put that on my "Watchlist." Thank you for the suggestion and for commenting.

I watched Made You Look.

 
 By: patrick_y : April 26th, 2022-03:11
I watched Made You Look and wow! What a nice dive into the Knoedler Gallery fiasco!

Don't trust anyone!

 
 By: patrick_y : April 27th, 2022-04:23
And try to buy new or "Certified Pre Owned" if it's a car. And only a manufacture can "certify" a car. And if one day there are Certified Pre Owned watches, only a manufacturer can certify the watch!

How true. Our world is becoming crazy, contaminating even the brands. I will elaborate a bit later, as I am preparing a post about this year edition of watches and wonders and I was a bit shocked by a quite recent phenomenon....

 
 By: amanico : April 21st, 2022-20:17
As for Experts, how right you are! I can claim I know 4 or 5 watches very well, I will never claim that it is enough to be called an Expert. And nowadays, everybody gives his opinion on everything, even on things one doesn't know... Dangerous. Almost path... 

Crazier and crazier...

 
 By: patrick_y : April 21st, 2022-22:06
Will things ever become a bit better? Probably not. The internet allows anonymity to reach far and wide. Electronic payments allow money to be transferred almost silently and without identity. And yes, to be an expert, doesn't mean much sometimes... Even ... 

Expert witness..

 
 By: TeutonicCarFan : April 21st, 2022-23:35
I know many who barely practice or know a field... but end up being the expert.

Yikes...

 
 By: patrick_y : April 22nd, 2022-00:00
So much for expert witnesses...

👍🏻

 
 By: Mary Anny : April 22nd, 2022-05:22

Thank you for reading!

 
 By: patrick_y : April 22nd, 2022-16:49

Indeed Nico…

 
 By: CGJ0 : April 22nd, 2022-06:45
But whom is to blame? We seem to expect our Politicians (in the UK at least) to have an opinion on every subject and rate off accurate numbers and stats time after time. The bar is set uncompromisingly high. We should value an expert for being an expert a... 

And in this I’m sure we are not alone…

 
 By: CGJ0 : April 22nd, 2022-07:07
The problem is in wanting this are we the minority? And therefore can we really influence the overall trend?! Hmm hmmm. Cheery topic for a Friday morning

Good articles.

 
 By: InHavenPro : April 21st, 2022-22:50
I hadn't read on some of these cases beforehand. Simply follows on your auction house post, buyer beware....

Indeed! Buyer Beware!

 
 By: patrick_y : April 21st, 2022-23:03
Or just buy new at an AD. But then again, even ADs aren't always angels. There are very few angels in this business.

It's a dangerous world out there.

 
 By: Ruffian : April 22nd, 2022-00:59
The Internet makes things easier, both for forgers and for genuine buyers. There are so many resources out there for buyers to compare dials, case shapes, casebacks etc. I must admit though, spotting a redial can be really hard! At the same time, these sa... 

A good reminder!

 
 By: patrick_y : April 22nd, 2022-16:38
I remember reading this story. And it's nice to read it again. The two were so happy, so secure, no need to show off their wealth, and madly in love with each other and their family... They truly enjoyed painting and creating fictional stories. It was a c... 

Thanks for sharing your thoughts Patrick.

 
 By: Mary Anny : April 22nd, 2022-05:25
I recently watched this: www.netflix.com And made me think, a lot!

Yes! I've added it to my Watchlist!

 
 By: patrick_y : April 22nd, 2022-16:51
Thank you Mary Anny for looking and commenting! Much appreciated!

You're welcome!

 
 By: Mary Anny : April 22nd, 2022-18:33

I saw it!

 
 By: patrick_y : April 26th, 2022-03:11
I remember the implosion of the Koedler gallery! And wow! This was helpful!

Great article Patrick, and a good reminder to start the day

 
 By: MichaelC : April 22nd, 2022-12:36
You really need to be vigilant every day in life, in all aspects. It is a sad state of affairs in many ways.

Indeed!

 
 By: patrick_y : April 22nd, 2022-16:53
In the USA we now have manufacture franchised dealers charging illegal fees on people buying out their leased cars. Yikes! The world has just become a fool eat fool world! Or a cheater eat cheater world! Some humans are so bad, to call them a "dog" might ... 

You're welcome! Thanks for reading and commenting!

 
 By: patrick_y : April 26th, 2022-03:10
It's a dangerous world!