In 2000 I purchased an "authentic" Tag Heuer Ladies watch for $460 at Costco. The Watch came with all the documents and I still have the original receipt. However, I took it to get a battery and the watch man say's it's a fake! I called Tag corp., gave them serial number & description, they indicated it may be a fake due to the crown supposed to be a threaded and mine is a push pull, they do not make AUTHENTIC push pulls, and for me to take it to Costco. I went yesterday, to Costco and they are willing to give me my $460 back, but to replace that watch today as it went up in value had it been real would cost approx $1,500. 00 is there something I can do?? I am befuddled to say the least.
I agree, congratulations on still having the receipt after 12 years and getting a full refund for your purchase price. I am not sure if there is a claim for compensation of an appreciated value, if the watch had depreciated over that time and the store offered you only the lower amount, you would probably not think that fair. The answer probably turns on what a reasonable person would expect when buying a watch like this from Costco; does one make such a purchase intending that they will own an investment quality item that will go up in value? I don't think there is a clear answer, I agree with my colleague, small claims court may be the way to go.