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  • FIRST POST
    • leighdj
    • By leighdj 6th Aug 18, 6:36 PM
    • 5Posts
    • 0Thanks
    leighdj
    A tale of WLC Auctions and 2 Rolex watches...
    • #1
    • 6th Aug 18, 6:36 PM
    A tale of WLC Auctions and 2 Rolex watches... 6th Aug 18 at 6:36 PM
    Hello all,
    Desperately in need of some help as I've got myself in quite a predicament here.

    Back in April, I went along to a WLC auction that took place in Norwich. I was quite excited with some of the prices that were on offer at the time, but have since found they are rather good at generating hype in the auction room - that may not match reality, and use some very underhand selling tactics if you search Google for them.

    I did some basic research before hand and thought I could make a bit of a profit on a couple of the Rolex watches on sale. I purchased 2 which came to roughly 11k including the commission fees on a mix of debit & credit cards.

    Soon after, I realised I'd made a huge mistake and bid way over what I should have done. In hindsight I'd think I wasn't thinking straight - I say this as I a couple of weeks later had a mental health breakdown and ended up in A&E, so I'd say now I wasn't in a sound mind when I purchased the products.

    I hid them away - embarrased on what to do next for months. In July, I decided to try and recoup some of the money lost in this debarcle by taking them to a local auctioneers (basically to just get rid of them.) They reviewed the items and now I've been told they aren't genuine pieces.

    Now I'm at my wits end about where to go to next. I agree I've made a very stupid decision buying them in the first place, but I really just need advice on where I go next. I cannot remember any references to the auction being exempt from the Sale of Goods Act, but as it occured so long ago - I can't accurately remember.

    Any help would be really appreciated.
    Last edited by leighdj; 06-08-2018 at 9:33 PM.
Page 1
    • LilElvis
    • By LilElvis 6th Aug 18, 6:42 PM
    • 3,734 Posts
    • 10,188 Thanks
    LilElvis
    • #2
    • 6th Aug 18, 6:42 PM
    • #2
    • 6th Aug 18, 6:42 PM
    Hello all,
    Desperately in need of some help as I've got myself in quite a predicament here.

    Back in April, I went along to a WLC auction that took place in Norwich. I was quite excited with some of the prices that were on offer at the time, but have since found they are rather good at generating hype in the auction room - that may not match reality, and use some very underhand selling tactics if you search Google for them.

    I did some basic research before hand and thought I could make a bit of a profit on a couple of the Rolex watches on sale. I purchased 2 which came to roughly 11k including the commission fees on a mix of debit & credit cards.

    Soon after, I realised I'd made a huge mistake and bid way over what I should have done. In hindsight I'd think I wasn't thinking straight - I say this as I a couple of weeks later had a mental health breakdown and ended up in A&E, so I'd say now I wasn't in a sound mind when I purchased the products.

    I hid them away - embarrased on what to do next for months. In July, I decided to try and recoup some of the money lost in this debarcle by taking them to a local auctioneers (basically to just get rid of them.) They reviewed the items and now I've been told they aren't genuine pieces.

    Now I'm at my wits end about where to go to next. I agree I've made a very stupid decision buying them in the first place, but I really just need advice on where I go next. I cannot remember any references to the auction being exempt from the Sale of Goods Act, but as it occured so long ago - I can't accurately remember.

    Any help would be really appreciated.
    Originally posted by leighdj
    So you have one auctioneer who says they are genuine and another who says they're fake. I would get Rolex/ approved Rolex seller to confirm which one of them is correct.
    • waamo
    • By waamo 6th Aug 18, 7:30 PM
    • 3,878 Posts
    • 5,049 Thanks
    waamo
    • #3
    • 6th Aug 18, 7:30 PM
    • #3
    • 6th Aug 18, 7:30 PM
    One thing I don't understand is how you can be excited at prices at an auction? Aren't they just guidelines for bidding as surely the purchaser decides the price?
    This space for hire.
    • kazwookie
    • By kazwookie 6th Aug 18, 7:34 PM
    • 9,863 Posts
    • 123,723 Thanks
    kazwookie
    • #4
    • 6th Aug 18, 7:34 PM
    • #4
    • 6th Aug 18, 7:34 PM
    You got sucked in with the hype.

    During the auction if there was a sales leaflet, did it state they were real?

    Did WLC state in documents they have given you that these are real and not fakes (ie in the style of) then you may have some come back on them.

    Otherwise, I have a feeling you are sadly out of pocket.

    Going to trading standards may be an option, it might be worth a phone call to them.
    Sun, Sea
    Slinky start date 29.01.18 28 to go / -14 so far and counting!!
    • leighdj
    • By leighdj 6th Aug 18, 7:38 PM
    • 5 Posts
    • 0 Thanks
    leighdj
    • #5
    • 6th Aug 18, 7:38 PM
    • #5
    • 6th Aug 18, 7:38 PM
    I spoke to a Rolex certified dealer before I took them to the local auction house who gave them a once over but came back to me and said that because they had no papers it wasn't something he'd be interested in buying. No point did he question the authencity of them.

    It's true I've been taken for a bit of a sucker, but I swear blind that these where marketed as the real deal. Unfortuantly I can't remember the turn of phrase used to describe the product but I am highly confident these weren't sold as replicas etc. - the auction listing was online and has now been removed.
    Last edited by leighdj; 06-08-2018 at 7:41 PM.
    • hollydays
    • By hollydays 6th Aug 18, 7:58 PM
    • 16,289 Posts
    • 12,314 Thanks
    hollydays
    • #6
    • 6th Aug 18, 7:58 PM
    • #6
    • 6th Aug 18, 7:58 PM
    Surely they'd be a written listing in the catalogue?
    • leighdj
    • By leighdj 6th Aug 18, 7:59 PM
    • 5 Posts
    • 0 Thanks
    leighdj
    • #7
    • 6th Aug 18, 7:59 PM
    • #7
    • 6th Aug 18, 7:59 PM
    Auction didn't have any catalogues
    • lincroft1710
    • By lincroft1710 6th Aug 18, 8:00 PM
    • 10,891 Posts
    • 9,186 Thanks
    lincroft1710
    • #8
    • 6th Aug 18, 8:00 PM
    • #8
    • 6th Aug 18, 8:00 PM
    I'm sorry to say you will have about as much chance of getting your money back as being the first man on Mars!

    https://kernelmag.dailydot.com/features/report/8743/inside-a-london-bankruptcy-auction/
    • ssparks2003
    • By ssparks2003 6th Aug 18, 8:09 PM
    • 395 Posts
    • 536 Thanks
    ssparks2003
    • #9
    • 6th Aug 18, 8:09 PM
    • #9
    • 6th Aug 18, 8:09 PM
    1st auctioneer may or may not have said they were real.

    Rolex specialist did not comment either way.

    2nd auctioneer says they are fake.

    Why do you feel that the 2nd auctioneer is right. Think you need to get them independently checked before you go off half cocked
    • hollydays
    • By hollydays 6th Aug 18, 8:13 PM
    • 16,289 Posts
    • 12,314 Thanks
    hollydays
    Hello all,
    Desperately in need of some help as I've got myself in quite a predicament here.

    Back in April, I went along to a WLC auction that took place in Norwich. I was quite excited with some of the prices that were on offer at the time, but have since found they are rather good at generating hype in the auction room - that may not match reality, and use some very underhand selling tactics if you search Google for them.

    I did some basic research before hand and thought I could make a bit of a profit on a couple of the Rolex watches on sale. I purchased 2 which came to roughly 11k including the commission fees on a mix of debit & credit cards.

    Soon after, I realised I'd made a huge mistake and bid way over what I should have done. In hindsight I'd think I wasn't thinking straight - I say this as I a couple of weeks later had a mental health breakdown and ended up in A&E, so I'd say now I wasn't in a sound mind when I purchased the products.

    I hid them away - embarrased on what to do next for months. In July, I decided to try and recoup some of the money lost in this debarcle by taking them to a local auctioneers (basically to just get rid of them.) They reviewed the items and now I've been told they aren't genuine pieces.

    Now I'm at my wits end about where to go to next. I agree I've made a very stupid decision buying them in the first place, but I really just need advice on where I go next. I cannot remember any references to the auction being exempt from the Sale of Goods Act, but as it occured so long ago - I can't accurately remember.

    Any help would be really appreciated.
    Originally posted by leighdj
    If you did some basic research did that not flag up Any problems regarding previous auctions?
    How did you pay?
    • leighdj
    • By leighdj 6th Aug 18, 8:19 PM
    • 5 Posts
    • 0 Thanks
    leighdj
    I was prehaps jumping the gun a tad with believing that the local auction house was correct in saying they were not authentic. Going to an independant place is next on the to-do list. To be fair there are 2 issues - 1) where I overdid it with bidding, that's fine I can live with that as a lesson in life to be more wise but 2) I was bidding for something I believed was the real deal - as such if it wasn't, but it was marketed as such - that's what I'd like resolved.

    I didn't do any research into the company involved until afterwards, it was only then when I saw the negative press that something didn't seem right.

    I paid a mixture of credit and debit card, mostly debit.
    • hollydays
    • By hollydays 6th Aug 18, 8:21 PM
    • 16,289 Posts
    • 12,314 Thanks
    hollydays
    Were these lot 327 and 21
    • DoaM
    • By DoaM 6th Aug 18, 8:27 PM
    • 4,571 Posts
    • 4,597 Thanks
    DoaM
    Original website link? (There's usually ways to get archived versions of web pages).
    Diary of a madman
    Walk the line again today
    Entries of confusion
    Dear diary, I'm here to stay
    • leighdj
    • By leighdj 6th Aug 18, 8:29 PM
    • 5 Posts
    • 0 Thanks
    leighdj
    No idea what lot numbers they were - think between 1-20 for both. Can't post a link as I'm new - go to WLC auctions then auction information i think
    • AndyMc.....
    • By AndyMc..... 6th Aug 18, 8:38 PM
    • 2,055 Posts
    • 1,246 Thanks
    AndyMc.....
    If you did some basic research did that not flag up Any problems regarding previous auctions?
    How did you pay?
    Originally posted by hollydays
    It's in the text you quoted.
    Hi there! Weve had to remove your signature. Please check the Forum Rules if youre unsure why its been removed and, if still unsure, email forumteam@moneysavingexpert.com
    • hollydays
    • By hollydays 6th Aug 18, 8:48 PM
    • 16,289 Posts
    • 12,314 Thanks
    hollydays
    The existing listings they have for watches at other venue describe them as Rolexes.
    Presumably when you saw the listing it was described as a Rolex .

    At least you didn't pay cash.

    Your health will have no bearing on your bid.I wish you well .
    Last edited by hollydays; 06-08-2018 at 9:49 PM.
    • George Michael
    • By George Michael 6th Aug 18, 9:15 PM
    • 3,137 Posts
    • 4,217 Thanks
    George Michael
    During the auction if there was a sales leaflet, did it state they were real?
    Originally posted by kazwookie

    It is illegal for any business to sell or to advertise for sale any counterfeit item that bears a registered trademark so if they were listed as being Rolex watches or they had Rolex on the watches themselves then there would be no need for any leaflet or catalogue to state if they were genuine or not.
    • MB69
    • By MB69 6th Aug 18, 9:55 PM
    • 94 Posts
    • 26 Thanks
    MB69
    The issue is how are you going to prove these are the watches that came from the auction house? Anyone could buy a pair of genuine watches, walk out to their car and take out a pair of fake ones and go back in ?
    • hollydays
    • By hollydays 6th Aug 18, 10:01 PM
    • 16,289 Posts
    • 12,314 Thanks
    hollydays
    I'm sorry to say you will have about as much chance of getting your money back as being the first man on Mars!

    https://kernelmag.dailydot.com/features/report/8743/inside-a-london-bankruptcy-auction/
    Originally posted by lincroft1710
    That's a fascinating article about these.. auctioneers..
    Last edited by hollydays; 06-08-2018 at 11:18 PM.
    • neilmcl
    • By neilmcl 7th Aug 18, 7:08 AM
    • 11,432 Posts
    • 8,223 Thanks
    neilmcl
    I spoke to a Rolex certified dealer before I took them to the local auction house who gave them a once over but came back to me and said that because they had no papers it wasn't something he'd be interested in buying. No point did he question the authencity of them.

    It's true I've been taken for a bit of a sucker, but I swear blind that these where marketed as the real deal. Unfortuantly I can't remember the turn of phrase used to describe the product but I am highly confident these weren't sold as replicas etc. - the auction listing was online and has now been removed.
    Originally posted by leighdj
    So has anyone actually stated that these are 100% fakes or what?

    There's a big difference between someone not wanting to purchase them becase of lack of supporting paper work and them being fake watches.
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