So, what would your morals do?

[charvelguy]

Make sure you insure it or it is covered by insurance if you intend to keep it for him. I wouldn't feel comfortable accepting it either, but I would hold onto it for safe keeping. If he insists its yours at a later date.. then..at that time, you can choose yet again what to do, keep it as a extreme token of friendship.. or, sell it and invest the money.. doing something equally nice in return... he may need money for a house etc..

It is odd tho.. he's got to be hurting and that is a extremely expensive giveaway..you could read into it or just take it as he doesn't want it around to remind him as it would likely be just another item they fight over, sell and/or split.

[MBreinin]

I love Aquanauts. Don't you dare sell that fine Patek to buy any freakin' Charvels or Jacksons!! Hold onto it for him, but do enjoy it from time to time.

Mike

[Emthrax]

My morals say to put it in a safety deposit and return it to him in the future, thinking that when his head gets straightened out, he may regret it, though he is not the type to go back on what he says.

Always, always go with your gut instinct! You are a stellar friend for even thinking this way.
Also... I agree with MHalsey as well. Keep an eye on your bud, that's a rough time for anyone.

Goodluck,
Em

[StukaJU87]

I love Aquanauts. Don't you dare sell that fine Patek to buy any freakin' Charvels or Jacksons!! Hold onto it for him, but do enjoy it from time to time.

Mike

Exactly. Accept it as a friend, but let him know it will be there for him in the event he would like it back. Having this thing around may be painful for him right now. In some weird way, he is asking you to take it instead of selling it. To me this means he may not really want it gone forever.

Store it safely, but like Mike said, enjoy wearing it on occasion. You know, weddings, funerals..etc. Then, right back in the safe.

NEVER SELL IT FOR YOUR OWN PROFIT. That would be real bad form in my book.

[Drake S.]

Hold on to it he might not want to ask for it back later but be a real friend & let him know later on down the road you were just holding it for him till he cleared his head. Divorce can really rattle you head .

[mm2002]

I agree about the safe deposit box and both of you keeping your mouths shut about the whole deal. It's impossible for a court to have the box subpoenaed unless they know you have one! I must commend you for thinking this through the way you are though, it shows a lot of good character on your part. A lot of peoplewould probably take it and head straight to the pawn shop.

[GodOfRhythm]

Make sure you insure it or it is covered by insurance if you intend to keep it for him. I wouldn't feel comfortable accepting it either, but I would hold onto it for safe keeping. If he insists its yours at a later date.. then..at that time, you can choose yet again what to do, keep it as a extreme token of friendship.. or, sell it and invest the money.. doing something equally nice in return... he may need money for a house etc..

It is odd tho.. he's got to be hurting and that is a extremely expensive giveaway..you could read into it or just take it as he doesn't want it around to remind him as it would likely be just another item they fight over, sell and/or split.

Insurance would be bad! It's best to leave as small a papertrail as possible or you could get slapped with an Actio Pauliana and for being an accomplice, much like Rich explained.

I think it's great to see what you did, it really shows your good character. He's got a good friend in you. Just hang onto it until the waters settle down and then bring it up with him again.

[charvelguy]

well then.. safe deposit box it is.

[GodOfRhythm]

+1

That's what I'd do!

[Joe_Steeler]

Yes, your instinct was right. Put it away and talk to him years from now when his head and heart are clear.

[jjw]

wear it!if i gave someone a watch i would expect them to wear it!he wont ask for it back,once a gift is given its a given thing(i sounded all pirates of the carribean there!)

[Chad]

I agree with pretty much everything above. And if you could comfortably wear a watch of that value, then wear it! Your friend might get even more enjoyment out of giving this gift if he sees you wearing and enjoying it. Of course, treat it with care when wearing.

[npacheco]

If you're comfortable wearing an expensive watch, I'd wear it. Keep it like your friend wants. Like most everyone else is saying, though, in a few weeks/months/years (whenever his head seems to be right or especially if he is in financial hard times), tell him you want to give it back to him for being a cool friend and giving you the watch. Let him decide if he wants to sell it or keep it or let you keep it or whatever.

[charvelguy]

once a gift is given its a given thing(i sounded all pirates of the carribean there!)

...Pirates must've had some experience with herpes.

[jjw]

them skirvy dogs!!