Does the Watch Authenticity Guarantee Protect against stolen Watches?

[snatcherz]

Reading the Authenticity Guarantee for luxury watches, I noticed that lack of explanation regarding stolen watches. I must assume that the Authenticity Guarantee does not protects the buyer from receiving a stolen watch? Is this correct? 

[kensgiftshop]

How would they know if it was stolen or not?

[lacemaker3]

---

@kensgiftshop wrote:

How would they know if it was stolen or not?

---

Well, for designer-brand watches, if you take one in for repair, they check the serial number against a database of watches that have been reported stolen. So there is a database that exists, and one would expect that if you buy one of those watches it should be compared against the existing database. Why not?