Even as Troy police continue the search for a man who stole a $39,000 Rolex watch from a Somerset dealer, he may find the item difficult to convert into cash.

A man in his early twenties walked into Tourneau Watches shortly before 5 PM last Tuesday and asked to see the 18K gold, diamond encrusted watch. Immediately after the salesman put it on the man's left wrist he bolted out the door and into the parking lot, where a second man waiting in a 2000 Ford Taurus drove him away.

What now will the man do with the ostentatious, tricked out Rolex Presidential model? It is the kind of jewelry that an AIG executive might spend bail out money to acquire, an item marketable only to a very narrrow niche of high level executives, sports figures or music icons. The watch is also unique, bearing a registration number, and therefore easily determined to be stolen. Thus the thief's conundrum: the aftermarket for the watch is narrow, and prospective buyers would not want a stolen one.

Source: Examiner.com