Another interesting bust from perezcope. This time involving a chocolatey ref2915

Apr 09, 2023,23:11 PM
 

Definitely worth a read



perezcope.com

Enjoy your Easter long weekend

Julian










Moderator Edit: Photos Added This message has been edited by patrick_y on 2023-04-09 23:47:52

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I was in the room when it happened...

 
 By: patrick_y : April 9th, 2023-23:39
And I felt something fishy was going on... I was asking myself, are there really two or more really crazy bidders bidding this watch? And if so, what kind of stories had these guys been fed... And whom fed those stories? Who poured the poison down that pe...  

I agree with you so much. The etre Phillips/Aurel Bacs seems like an orchestrated scam and one day...

 
 By: BigFatPauli : April 10th, 2023-11:01
We will see on BBC's site as internationally wanted or something like that.

Yup!

 
 By: patrick_y : June 14th, 2023-23:54
Now we realize... It's a all scam by the Omega Museum Director. I was thinking of writing this up... But the articles about the subject are so good that there's no real need for me to write anything. As I wouldn't be able to add more value than the Perezs... 

The newness is that these schemes are being revealed

 
 By: Cozmopak : April 10th, 2023-15:56
And will hopefully hurt the actors participating in them

Cheaper than spending 30sec on Superbowl ad...

 
 By: MilDiver : April 10th, 2023-05:24
It may be the company spending that to get Aura of value... It may be "seller" making laundry... As I said on a different occasion, don't trust what you read from these professional selling conglomerates...... And J is doing great job!

Thanks for sharing this story, Julian.

 
 By: joenghenry : April 10th, 2023-11:53
Interested to know the response of auction house, which will significantly affect their credibility. In fact, coincidentally they will have a tropical dial PP5035 in the coming Geneva auction next month.

Can someone explain why the Omega museum was also bidding on this lot? (If this point is true).

 
 By: Jay (Eire) : April 10th, 2023-13:08
I understand why they are at auctions and bidding, but I don’t understand why they would get involved in a lot like this that was so questionable. If they won, would they have displayed this watch or just thrown it in a drawer?

Fascinating and completely convincing. Great job by Perezcope and shame on Phillips.

 
 By: vitalsigns : April 10th, 2023-13:30
I have zero desire to ever buy a vintage watch at auction.

This truly kills the joy of watch collecting

 
 By: Mr.Gatsby : April 10th, 2023-16:02
When the intention is to cheat, fabricate and realize fictitious gains, it destroys all meaning and purpose behind watch collecting. A real shame it is, if we are to shun vintages because of the crimes of others. There’s just so much to explore in the vin... 

I haven't been following watches closely for the last six months and have just read this. I'm not surprised, frankly.

 
 By: Rosneathian : May 8th, 2023-10:22
The United States Treasury Department's office for financial crime began to investigate money laundering and fraud in auction houses a few years ago. As more money has come sloshing into the watch market, so the attention into watches has grown. I'm not s... 

With so many reports surface ! Buyer no report to police ?

 
 By: Chris : June 9th, 2023-00:39
If buyer not reporting Not asking for refund Buyer is actor ? Or Buyer also can’t surface himself ? With his dirty money ?

How do you sell a Frankenstein watch to the manufacturer?!🙄🙄

 
 By: The Wellingtonian : June 10th, 2023-11:19
The auction house must be really good !!

Oh, my gosh. This is . . .

 
 By: Dr No : June 11th, 2023-14:59
. . . shocking. 😱

Ever watch that episode...?

 
 By: patrick_y : June 14th, 2023-23:57
There's an episode on Boston Legal TV Show where one of the characters say "shocking, disgusting, and outrageous" multiple times. This is definitely appropriate in this case!

Big question to all the watch blogs !

 
 By: Chris : June 14th, 2023-11:42
If I can read and share perezcope blog on this particular piece before the auction take place… Why no report from all the famous watch blogs ?