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Apparently these women are very smooth. Smartly dressed with Eastern European accents. The story i personally heard about was one woman showing the guy a restaurant on her phone asking for directions and the other one must have slipped it off whilst distracted. No stalling very slick professionals gone in 30-60 seconds and the victim didn't realise until a few minutes after. Unless your aware of this going on a consciously protecting your watch it really sounds like it could happen to anyone.
I had a watch stolen a few years back. Got off the night bus a bit pissed, some bloke grabbed my hand and started shaking it. I assumed him or an accomplice would be going for my wallet or phone so shoved him away and walked off mentally congratulating myself that I still had them both. Then realised that my watch was missing.
It wasn't anything too expensive, a quartz Tissot. I was wearing a coat so it wasn't visible, must have just been trying their luck but they were very smooth.