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@coppiThat
there are lots of reputable dealers in watches on the bay, you just have to seek them out. if you are thinking of buying one of the commonly faked rolex's then yeah its a minefield but otherwise you should be fine. if your worried use a uk dealer and look at the feedback and if they have negative find out what the buyers gripe as it might have been something petty the seller had no chance of responding to.
re refunds for fakes - i bought a fake cardigan from a seller based in japan. they then messed me around for a long time but i recieved a refund through paypal though it involved a bit of hassle not least getting authenticated proof from the original manufacturer and faxing that to them.