$300k Platinum Constellation

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Davidt

·Sep 18, 2024

Wind Vintage have this solid platinum Constellation along with bracelet listed for $300k.

https://www.windvintage.com/omega-constellation-16331-diamond-dial-platinum-on-bracelet

Apparently it’s one of two known, which were commissioned for the Kuwaiti royal family in the late 60’s. Ignoring the price for a second, we all know how hard it is to find a white gold Constellation and the premium they fetch when they do come to market.

Are there any other know examples of platinum Constellations??

Returning to value, how do you price such a rare item. Very broadly speaking, a good stew Constellation is c.$2-3k. I’d say a good white gold is a 10x premium of around $20-30k.
Is a platinum version worth a 100x premium?

 

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DON

·Sep 18, 2024

There was a seller on eBay with one

He had one for sale around 2000. Didn’t meet reserve at around $13,000. No clue what the reserve was, but nowadays eBay charges sellers for reserves as back then. Set a high reserve. If bidder close. Email after the auction and sell it. As it didn’t meet reserve. Nothing to pay eBay.

EBay decided to close that loophole

Edited: Sep 18, 2024

 

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cristos71

·Sep 18, 2024

I'd say the $300K asking is more of a 'come and talk about it' kind of thing, not to be taken too seriously. I saw him interviewed by the dude from Menta Watches and that's the feeling I got when they were discussing this watch. I think he's hoping to keep the $50K tyre kickers away this way 😅

 

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Davidt

·Sep 18, 2024

cristos71

I'd say the $300K asking is more of a 'come and talk about it' kind of thing, not to be taken too seriously. I saw him interviewed by the dude from Menta Watches and that's the feeling I got when they were discussing this watch. I think he's hoping to keep the $50K tyre kickers away this way 😅

I can see that being true.

I’m getting so sick of those cheap skates only offering 50k for Constellations!!!

 

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Dan S

·Sep 18, 2024

Unrelated to valuation, but, wow that is one unappealing watch.

 

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Redwes25

·Sep 18, 2024

Here is link to auction results for other example. Eric Wind claims this is 1 of 2. Either way price seems in lala land. Also fact the other one sold for so much seems crazy.

https://catalog.antiquorum.swiss/en/lots/omega-lot-158-170

 

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Pastorbottle

·Sep 18, 2024

I'll not be buying it..........it's got sparkly shit!

 

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nkhandekar

·Sep 19, 2024

Dan S

Unrelated to valuation, but, wow that is one unappealing watch.

I was about to say how beautiful the back of the watch is when I read Dan's comment...I guess I was unintentionally saying the same thing!!

 

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mseamaster

·Sep 21, 2024

It's not even in mint condition though. Even if it's worth 300k, it would be if it were NOS.

 

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Pixitfecit

·Sep 22, 2024

Why did the other one sell in 2007 for CHF 413,700 when the starting price was "only" CHF 30,000 - 40,000? Maybe two bidders were really going crazy for it? The question is if at an auction in 2024 the same would happen with a worse example. I'd say probably not...

​

 

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Mark020

·Sep 22, 2024·not the sharpest pencil in the ΩF drawer

Omegamania was outrageous….

 

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Deafboy

·Sep 22, 2024·His Holiness Puer Surdus

Mark020

Omegamania was outrageous….

Please elaborate...

 

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Mark020

·Sep 23, 2024·not the sharpest pencil in the ΩF drawer

Some of the prices at the auction have never been reached again. The rumour goes that Omega itself had a role in this

 

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Fallout Boy

·Sep 23, 2024

Every sheet metal fitter learns that flux must be washed off after soldering. 😁

 

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Pastorbottle

·Sep 23, 2024

Fallout Boy

Every sheet metal fitter learns that flux must be washed off after soldering. 😁

Well apparently one sheet metal fitter didn’t learn anything of the sort!

 

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Pixitfecit

·Sep 23, 2024

Mark020

Some of the prices at the auction have never been reached again. The rumour goes that Omega itself had a role in this

That could make sense

 

N

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Netanel

·Dec 28, 2025

cristos71

I'd say the $300K asking is more of a 'come and talk about it' kind of thing, not to be taken too seriously. I saw him interviewed by the dude from Menta Watches and that's the feeling I got when they were discussing this watch. I think he's hoping to keep the $50K tyre kickers away this way 😅

Can you please send the video? I’d love to see that - super grail watch for me!!

 

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sonicosa

·Dec 28, 2025

 

N

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Netanel

·Dec 28, 2025

sonicosa

Awesome!!!!❤️❤️❤️

 

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Canuck

·Dec 28, 2025

Davidt

Wind Vintage have this solid platinum Constellation along with bracelet listed for $300k.

https://www.windvintage.com/omega-constellation-16331-diamond-dial-platinum-on-bracelet

Apparently it’s one of two known, which were commissioned for the Kuwaiti royal family in the late 60’s. Ignoring the price for a second, we all know how hard it is to find a white gold Constellation and the premium they fetch when they do come to market.

Are there any other know examples of platinum Constellations??

Returning to value, how do you price such a rare item. Very broadly speaking, a good stew Constellation is c.$2-3k. I’d say a good white gold is a 10x premium of around $20-30k.
Is a platinum version worth a 100x premium?

About 30 years ago, an acquaintance bought a platinum SWATCH for (as I recall) about $2,500.00. This also would be a rare watch. Gold currently goes for close to double the rate of platinum. So I am left wondering if the family that presented it would bring such a premium?