: I do hope C&C gave the guy a few more $'s
: after it sold, 1800 bucks is an incredibly low valuation, it was
: only last year for goodness sake.

Stewart,

Now that the dealer has told this story publicly it is easy to say this...and, perhaps now that they have told the story publicly they should be a bit embarrassed that they under-appraised the watch. I am not sure that this is great publicity for the dealer. Having said that, there are not a ton of comps for this watch and I tend to believe that the appraisal was an honest business mistake.

When you are in this business you take a risk every time you buy a watch. You never really know what you are getting even if it is in your hand or your watchmaker's hand especially when you buy a scarce, minimally documented piece. I rarely think an honest dealer has an obligation to go back in time.

I think it might make the dealer look better if the story had ended with the family getting a bit of a rebate but I don't really think less of the dealer for not doing it. I think a little bit less of them for choosing to tell the story. They had to know that a lot of people might think the family got cheated and the whole "now we do consignments" will probably not make some potential customers feel much better about them. I have never thought it was bad for a dealer to hit a home run as long as they were not dishonest in the process and I do not get the impression that this is a dishonest dealer.

JohnCote