LOST MY 15400ST Ruthenium!!!!!

[Burlington]

Just seeing this. Tough break. Couple of tips which may help others.

1 - when using a rucksack to transport anything of value, pull both zippers down to the bottom of one side. This would prevent them ever working their way loose and ‘self-unzipping.’

2 - Insurance. But again be sure to check T&Cs. My insurance would not cover such an event as the watch was lost not stolen. There is no all eventualities cover possible where I live that I am aware of (I’ve looked thoroughly)

3 - avoid taking your watch off when travelling. I sometimes used to slip mine off when going through security. I will be keeping it on from now on. If taking off, be sure to stow securely.

I hope you are able to be reunited with the watch - really a sorry situation.

[jbk45]

Originally Posted by Burlington

Just seeing this. Tough break. Couple of tips which may help others.

1 - when using a rucksack to transport anything of value, pull both zippers down to the bottom of one side. This would prevent them ever working their way loose and ‘self-unzipping.’

2 - Insurance. But again be sure to check T&Cs. My insurance would not cover such an event as the watch was lost not stolen. There is no all eventualities cover possible where I live that I am aware of (I’ve looked thoroughly)

3 - avoid taking your watch off when travelling. I sometimes used to slip mine off when going through security. I will be keeping it on from now on. If taking off, be sure to stow securely.

I hope you are able to be reunited with the watch - really a sorry situation.

Thank you - i will be much more careful with my back packs and look into policies for the rest of my watch collection. I always wear my watch when traveling thru security and never have issues there.

[RolexZen]

My USAA Valuable Personal Property policy covers loss as well as theft, damage (not normal wear and tear), etc on my itemized jewelry and watches. Not sure about other policies, but good advice to check your terms and conditions carefully.

[Burlington]

Originally Posted by RolexZen

My USAA Valuable Personal Property policy covers loss as well as theft, damage (not normal wear and tear), etc on my itemized jewelry and watches. Not sure about other policies, but good advice to check your terms and conditions carefully.

Mine covers robbery from my person and theft, provided there is evidence of a break in. This also extends to cover a locked gym locker for example. But it will not cover accidental damage or loss.

Another member also posted previously about having had similar problems finding what i would call ‘all in’ insurance for continental Europe too. Back in the uk, it was readily available. So it does vary hugely from place to place.

[Apuk]

Originally Posted by Burlington

Mine covers robbery from my person and theft, provided there is evidence of a break in. This also extends to cover a locked gym locker for example. But it will not cover accidental damage or loss.

Another member also posted previously about having had similar problems finding what i would call ‘all in’ insurance for continental Europe too. Back in the uk, it was readily available. So it does vary hugely from place to place.

Any recommendations on UK insurance that’s standalone / not part of homeowners? I rent so looking for some other options...

Thanks

[jbk45]

Originally Posted by Burlington

Mine covers robbery from my person and theft, provided there is evidence of a break in. This also extends to cover a locked gym locker for example. But it will not cover accidental damage or loss.

Another member also posted previously about having had similar problems finding what i would call ‘all in’ insurance for continental Europe too. Back in the uk, it was readily available. So it does vary hugely from place to place.

Finding an “all in” policy that covers for loss is a must for em. After this experience, I refuse to cut corners.

[Daryl]

im sorry man..

[gin47]

I feel so sad reading this, hope that you get a refunded or recover the watch.

[jbk45]

Originally Posted by gin47

I feel so sad reading this, hope that you get a refunded or recover the watch.

Thank you - I’ll update the thread once I have an update.

My case has been assigned to an investigator so will see what comes of that. Am still waiting to hear back from my CC on the claim - given the holiday in the States, I don’t expect to hear back from anyone until next week.

In the meantime I am racking my brain trying to figure out what may have come of the watch - did this person keep it? Are they trying to sel it? If so, where? Hoping the cameras will ID the person and that there will be a trail to follow - god willing, The authorities will find out who it was, be able to locate them and will be able to recover the watch intact and the condition in which it was found ASAP. Praying for a Christmas miracle.

Many thanks to the insights shared by folks here - I was about ready to throw up my hands but this thread helped me slow down and process and take action. I am thankful for this community.

[GB-man]

Originally Posted by V25V

For all who do not insure, I have a question. Why did you think the AD/Boutique or even gray gives you an appraisal at time of purchase? We insure cars which depreciate like rocks but silly enough to not insure a watch, which in many cases has a higher value than a car and holds its value better? Sorry for being a jerk but this was always just common sense to me. And we aren't talking about 5k datejusts here in this particular sub forum either, so even more mind boggling.

I feel like we see these types of stories way more than we should given the types of people you would expect to be here buying $20k+ watches. It really is just bizarre to me and hope we stop seeing these threads, getting them insured is very easy and inexpensive given what we are spending on these pieces.


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I live in a relatively low risk area and JM quotes me 1.5% of insured value per year. The coverage is not worth that amount to me so I self insure and use a safe deposit box to store pieces not currently being worn.

Also I don’t insure my car because I’m worried about loss of value. I insure it for liability.

[RolexZen]

Originally Posted by GB-man

I live in a relatively low risk area and JM quotes me 1.5% of insured value per year. The coverage is not worth that amount to me so I self insure and use a safe deposit box to store pieces not currently being worn.

Also I don’t insure my car because I’m worried about loss of value. I insure it for liability.

Ah, you might qualify in the camp that someone earlier called "too much money to (not) GAF". Not that you don't care, and it wouldn't upset you to lose a watch, but it wouldn't devastate you*.

I believe you also move a lot of watches through your collection, so insuring your watches might also be an unreasonable burden to you? I don't insure my cheaper watches, but I do have my priciest ones insured, and I don't plan to move those.

*I'm the same way on extended warranty add ons on electronics or appliances--I self-insure, and will just pay out of my own savings if something needs to be replaced after initial warranty period.

[V25V]

Originally Posted by RolexZen

Ah, you might qualify in the camp that someone earlier called "too much money to (not) GAF". Not that you don't care, and it wouldn't upset you to lose a watch, but it wouldn't devastate you*.



I believe you also move a lot of watches through your collection, so insuring your watches might also be an unreasonable burden to you? I don't insure my cheaper watches, but I do have my priciest ones insured, and I don't plan to move those.



*I'm the same way on extended warranty add ons on electronics or appliances--I self-insure, and will just pay out of my own savings if something needs to be replaced after initial warranty period.

Definitely in that camp based on his message. Which is fine by the way. But I insure all of my watches and it's 100% worth it to me, just for peace of mind alone. Having a 30k watch stolen wouldn't end my financial well being but paying $300/year for it surely isn't going to break the bank. If something does happen, I'm protected.


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[GB-man]

Originally Posted by RolexZen

Ah, you might qualify in the camp that someone earlier called "too much money to (not) GAF". Not that you don't care, and it wouldn't upset you to lose a watch, but it wouldn't devastate you*.



I believe you also move a lot of watches through your collection, so insuring your watches might also be an unreasonable burden to you? I don't insure my cheaper watches, but I do have my priciest ones insured, and I don't plan to move those.



*I'm the same way on extended warranty add ons on electronics or appliances--I self-insure, and will just pay out of my own savings if something needs to be replaced after initial warranty period.

Yeah I guess it all comes down to risk tolerance.

[Cru Jones]

:-(

Sorry....

[lhawli]

Sorry to hear that!

few things!
1. Watch is safest on your wrist.
2. if traveling with more than 1 watch, have the others in your carry on and not a back back or in a secure secret pocket.
3. Airports are FULL of cameras - can't imagine they can't track down the incident.
4. Hope you had it insured!

Good luck

[mpatton4re]

I feel so bad for you. It's terrible to lose things like this. I learned a long time ago... never travel with your "good stuff". When I go out of town, I only take things I'm willing to lose or have damaged.

[Superburrito]

Bad luck! Hopefully the security cameras help.

[ashbaug2]

OP, I would advise you to post the serial number on this thread ASAP. It is not because of "validating" any issue with your integrity, but because it is then searchable on the WWW. If someone tries to sell it and the buyer is an informed buyer and requests the SN to search, this thread will pop up and prove that it is then a "stolen" watch.

Getting the SN to AP is a good start, and reporting it to the police, as well; but buyers won't have access to those databases.

Good luck.

[YoungMoneyAssassin]

My man, let me start by saying that I am very sorry for this loss. Unfortunately some people in this world think that stealing is an acceptable behavior.

At the end of the day, regardless of how deep into the hobby we may all be, it was just a material possession. The important things in life are health, family, happiness etc. I hope you have at least 1/3 mentioned, in which case, you are absolutely BLESSED. You will get through this, keep your head up, it's just a watch.

Lastly, I have a piece of more immediately actionable advice: Please post pictures along with the serial number ASAP. Anyone Google-ing the serial number will find this post and figure out pretty immediately that the timepiece is stolen. Furthermore, I don't really see any downside posting the serial number of a watch that is most likely not going to be recovered at this point (sorry if that hurts to hear, but I want to be honest with you given the circumstances - I'm sure you already know this).

Best of luck my man. With hard work, determination and a good attitude, I'm sure you'll be in a position to purchase another luxury timepiece in no time.

Cheers,

[diegohwang]

that’s sucks man! I never take off my watch when i go thru security checks at the airport. just politely ask if they will allow you. most of the times they’ll say yes.


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[66Berret]

Insurance is always the best policy. sorry mate

[myporsche]

OP will you be posting the serial number soon?

[gaoxing84]

damn! sorry for your lost man. I can totally relate on being scammed but having to lose a sub 20k watch. must be painful.

i hope you either get the watch back or at least some cash back from your credit card.

i know theft can happen inflight while you're sleeping. My aunt lost 500 USD during a flight from Singapore to Dubai, it happened inflight. They will target those who are sleeping soundly and is unaware of their surrounding.

[Rolexwatch12]

This is a bad news, Sorry about that

[jbk45]

Sorry for the delayed response - i haven’t had the stomach to log on and check the thread.

The serial # is K23369

On a positive note, I was contacted by the SFO Airport Police and they were able to get some answers on the security camera footage.

1. It literally flew out of my back pack through a small opening in the zipper as i was getting out of the car - the momentum of slinging the bag around my shoulder launched it into the roadway.

2. Several cars drove over it - tho it’s unclear if the wheels went over the case or if they simply passed over it without crushing the watch case.

3. They saw someone pick it up and walk off and are in the process of identifying them.

I’m still waiting on an update from my CC company on the purchase protection. There are a couple of scenarios here but my hope is obviously that they ID the person who picked it up, locate them and recover my watch in the same condition in which it was found. If the person sold it, that’s going to be a whole other can of worms.

In the event it was damaged by a car running over it, if recovered, hopefully my purchase protection will be able to cover the cost of repairs (up to $10K) - again, assuming they watch is recovered.

I’ll keep this thread updated as I get more info - thanks, again, to everyone that’s sent good vibes and shared valuable insight with me.

I’ll keep holding out hope for a Christmas miracle.

[vman]

Glad to hear that things are turning around. If the watch has some substantial damage, perhaps you'll get lucky if whoever "found it" tries to send it in for a repair. Have you notified AP? If you bought the watch brand new, did you create an online account and register the watch with your name?

Good luck, man!

[jbk45]

Originally Posted by vman

Glad to hear that things are turning around. If the watch has some substantial damage, perhaps you'll get lucky if whoever "found it" tries to send it in for a repair. Have you notified AP? If you bought the watch brand new, did you create an online account and register the watch with your name?

Good luck, man!

Yes to all of the above. It’s registered and tagged in the system as stolen so if sent in, I’ll be good.

[Burlington]

Good news - keep the updates coming

[Rocket launcher]

My heart goes out to you
That b-stard on this very site that conned you and now this
I wish you well and a luck change very soon
I hope your fortuned

[jbk45]

Originally Posted by Rocket launcher

My heart goes out to you
That b-stard on this very site that conned you and now this
I wish you well and a luck change very soon
I hope your fortuned

I think about these experiences every single day and all I can do is shake my head. It's also difficult to share these experiences with folks outside of this community because most regular people cannot comprehend spending as much as we do on watches so I just kind of grin and bear it. Enjoying this hobby is a real privilege and luxury but the losses are real and substantial. Fingers still crossed that I'll get a lucky bounce and my 15400 - one of my all time grails - will be recovered.