Well-Preserved Faberge Egg Pendant | Dickinson's Real Deal | S08 E57 | HomeStyle 

It would be worth triple that now

@@OsireionAbydos Maybe restored, yes.

And the auction house would soon go out of business… the commission is how the auction houses make their money… would you work a full time job for free?

And they still do the work for the items that don't sell. It's swings and roundabouts.

He would have been better off putting it up for sale on Facebook market place!

Plus the Buyers premium and VAT

@@Edward1312 and getting robbed

@@Edward1312 and giving his address out to strangers who might want to pop back through the window at night to see if he has anything else

@Bladesmith The commission and VAT payable is the same at all reputable auction houses in the U.K. Might seem outrageous, but it is what it is. If you are selling something and you feel you can do better than at auction - go for it.

@@trollmeistergeneral3467 They do vary from one to another, and remember they get the commission TWICE for each sale. So for the watch they picked up nearly £2,000

Several UK auctions don't charge the seller a commission

@@keithclark6299 No they didn't - they have taxes, wages and other overheads like any business. Revenue isn't profit. They did nice out of it, but lets not over egg it

@@robhollywood647 I mean gross of course!!! Remember they will have 200-300 lots!!!

It's the GMT Seamaster, the GMT takes the value up because it's 24hr, more complicated, dated etc etc to a normal seamster.

Crazy isn't it. I found a omega watch in Northampton were I live. And had to hand It into the police. It was there for 11 months.. I thought it was mine. Then a guy pack packing in Australia came home and found that his house had been broke into... The watch was worth 11k 😭😭😭

What about the scores of items unsold and they make nothing on them after cataloging and researching the market place? This is all subsided from profits!

Perhaps you should open a lower rate auction house and show the world how it's done!

Yeah, it's call business. If you paid £15 for something as a business wouldn't you want to go on to earn a living?

Depends when this was aired. Rolex s are way overpriced nowadays.

@@balance3201 yea thier loosing Value but 700 pound for that watch is absolute disgusting rip off as you could see in the auction it was worth a lot more and today's market price for that watch is around 18 thousand

@@theyliebutwhy8101 Like I said depending when it was aired in the 90 s you could get a sub for 1200 new no waiting , recently they have shot through the roof due to supply but a while back that was just a crappy rolex

@@balance3201 well look at the bank notes on the table they will give you an indicator this wasn't aired in the 90s

This episode was 20 years ago.

@@stevewilliams5428 I no I sat in my nans house and watched it my nan said the same thing back then

This episode was 20 years ago,

You should have watched the credits it was filmed in 2012.

His dad found it allegedly, not quite the same as I if he had bought it Is it

@@jackmason4374 I believe Rolex keep an extremely comprehensive register of all their watches and who owns them. If that watch was indeed 'Found' and it's true owner had reported it lost, there could be some very challenging questions to be answered. Unless the 'Found' watch was handed in to the Police then returned to the finder as unclaimed. If it ever goes in to a reputable store for service or repair it could unleash a of difficult to answer questions.

@@philyew3617 not sure when the register was created I bought mine in 1980 and there was no mention of a register then

@Jack mason depends if it was involved in an insurance claim or not. On pawn stars stolen items that ended up being bought by legitimate people who had the items for years but decided to sell, were completely legal for pawn stars to buy afterwords but only if insurance had paid out on the claim. For instance a man pawned them a coin he had for years and after the purchase it was ran through a database and came up stolen. Even though pawn stars already purchased it (all their items are run through a national database) but since the original owner had been "paid out" by insurance for the specific item, pawn stars were allowed to keep it and it was taken off the registry. Now had there not been any insurance on this item or a paid claim then it may have ended differently and had to be returned to original owner no matter how many hands it went through over the years and who ever ended up with it last (pawn stars) would have been the ones out of the money. Everything is a gamble if you aren't the original owner or from the family that owned it, especially if it doesn't include paperwork when you buy it.

@@kes9612 I believe if the insurance has been paid then the item belongs to the insurance company