Implications of buying a watch on Rolex stolen list.

[Maz_uk]

Afternoon Gents,

Probably a stupid question and for the record I haven't bought a stolen watch, but just this week I have been offered 3 watches - my local Rolex dealer was kind enough to phone Rolex and check the status of these watches and it turns out that both of these watches are wanted by Rolex, naturally I declined to purchase these watches but the owners were shocked that these watches were on the list and had previously been bought in good faith from private individuals.

Any idea what percentage of watches are on the list? And what are the implications of owning one? I assume you can't get insurance for it, do people really buy watches without checking them first? or am I being too cautious?

Edited by Maz_uk on Thursday 28th March 18:34

[Maz_uk]

I haven't bought one!

I'm wondering how many watches or on the list, and how many of those who own the watches are actually listed ones?

Out of the 3 watches I've been offered this week 2 were on the list, surely it can't be that 2 out of 3 Rolex's are dodgy? (Small sample I know)