9ct Omega Geneve 1971/1972

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Icenoice

·Apr 12, 2023

Hi guys, just got this one. What do you think? This is my first omega. Is it a good vintage one? Good investment? All 9ct gold-Movement serial number 33072016

 

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Vanallard

·Apr 12, 2023

Congrats on the new purchase. It's a nice looking but somewhat entry level model. It's in a solid gold case but of the lowest gold purity. I doubt the value of the watch will every deviate too far from the scrap gold value.

 

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Dan S

·Apr 12, 2023

Looks legit to me. Probably not the watch I would buy if investment was the highest priority. As noted, the gold value is not high, and that style of bracelet is not terribly popular. Unfortunately, you can't really change the length very easily, or replace it with a strap, IIRC.

 

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TexOmega

·Apr 12, 2023

And, they overexposed the pix to hide corrosion to the movement. good luck



Nice watch to wear, but not an investment.

 

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X350 XJR

·Apr 12, 2023·Vintage Omega Aficionado

As long as you like it that's all that really matters, but as others have noted this would not be considered as an investment piece especially if you paid retail for it.

 

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Davidt

·Apr 12, 2023

But, if you paid slightly above spot price, you did fine. Like buying sovereigns you can wear!

 

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Mark020

·Apr 12, 2023·not the sharpest pencil in the ΩF drawer

I Icenoice

Good investment

We hate this question

 

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Dan S

·Apr 12, 2023

Davidt

But, if you paid slightly above spot price, you did fine. Like buying sovereigns you can wear!

9 karat sovereigns. 😁

 

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Davidt

·Apr 12, 2023

Dan S

9 karat sovereigns. 😁

They’re very rare and actually worth more than the more commonly seen 22ct versions as they’re much harder wearing!

 

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Icenoice

·Apr 13, 2023

Vanallard

Congrats on the new purchase. It's a nice looking but somewhat entry level model. It's in a solid gold case but of the lowest gold purity. I doubt the value of the watch will every deviate too far from the scrap gold value.

Thanks mate! It’s 67gr of 9ct solid gold between case and bracelet and I thought for £1700 was stupid not to buy it. This models are not really easy to find and prices are normally between £2000-£3000.

 

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X350 XJR

·Apr 13, 2023·Vintage Omega Aficionado

I Icenoice

prices are normally between £2000-£3000.

Asking prices or sale prices?

 

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Icenoice

·Apr 13, 2023

Watch in mint condition! Fully serviced and polished. Time keeping accurate as my 2 Rolexes (116613LN - 116660 DSSD Black )

 

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Icenoice

·Apr 14, 2023

Davidt

They’re very rare and actually worth more than the more commonly seen 22ct versions as they’re much harder wearing!

Very true mate!

Mark020

We hate this question

??

 

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Icenoice

·Apr 14, 2023

Davidt

They’re very rare and actually worth more than the more commonly seen 22ct versions as they’re much harder wearing!

Very true mate!

X350 XJR

Asking prices or sale prices?

obv asking price which normally can get away with 5-10% off

 

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Mark020

·Apr 14, 2023·not the sharpest pencil in the ΩF drawer

I Icenoice

??

What don't you understand?

 

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Aroxx

·Apr 14, 2023

@Icenoice Most people here are collectors and watch enthusiasts who don’t care for the “investment” mentality and flipper stuff that has become prevalent lately. Most watches aren’t a good investment by any normal measure.

 

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padders

·Apr 14, 2023·Oooo subtitles!

The case was made in London by Shackman and Sons The hallmark is May 1972 - May '73 by the way so it is slightly later than perhaps you thought.

I Icenoice

Thanks mate! It’s 67gr of 9ct solid gold between case and bracelet and I thought for £1700 was stupid not to buy it. This models are not really easy to find and prices are normally between £2000-£3000.

The demand for something like this is vanishingly small these days, particularly from men in the western world. I am sure sellers would ask twelvety million pounds on C24 and the like but that's not to say it is an achievable sale price. The 67g of 9K gold is worth around £1,250 today (depending on who you know). Are you sure the rest adds the extra £450? Maybe, maybe not, if you bought it as an investment I don't think you did quite as well as you hoped, but if you like it then all is well.

Edited: Apr 14, 2023

 

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Icenoice

·Apr 17, 2023

Aroxx

@Icenoice Most people here are collectors and watch enthusiasts who don’t care for the “investment” mentality and flipper stuff that has become prevalent lately. Most watches aren’t a good investment by any normal measure.

Totally agree mate and apologies if anyone felt offended about my comment. Probably used the wrong word especially because every time I buy a watch a get very attached to it and impossible to flip it or sell it. I will definitely wait and add another piece to the collection instead. I own few Rolex and this is my first Omega that’s way I did subscribe to this forum. I’m not particularly attracted by the more common models like the speedmaster/seamaster and when I found this vintage beauty at that price I thought it was really good to me to let it go. That’s all..
Cheers guys