Saturday, October 06, 2007
A positive spin in the age of knock-offs
A former ball player--either football or baseball--reportedly turned over what looked liked a Rolex watch to a party that had a sizable judgment against him. If genuine, the watch was supposed to have a value of some $12,000-$22,000. A jeweler, however, determined that the watch was actually "value disabled," worth only some $125 since it, apparently, was not genuine. An attorney for the plaintiffs remarked: "It was made by the finest craftsmen in China. It's a people's Rolex."
Posted by Lars Perner, Ph.D. at 1:49 PM