Quote Originally Posted by Mj2k View Post
So, out of interest, what happens now?
Typically, private (and some trade) owners of renumbered watches will try to sell it to another mug without telling them what they now (or perhaps always) knew about it.

Some might try to get their money back from the person or business who sold it to them, if relevant.

Others will continue to wear it, while some traders will break such a watch up for parts.

Renumbered watches are a real problem, as many do not spot them even if they are among the minority who are aware of the phenomenon. I do not exaggerate if I report that there are thousands of renumbered Rolex in circulation, most unrecognised and certainly not declared even if they are.

If one is identified and its original number cannot be determined, then sale with full disclosure does not seem unreasonable.