Advice on value of late mum's Omega 9ct gold watch

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My mum passed away 6 years ago and I re-found her watch recently and am thinking of selling it as it just sits in a drawer.
It is a ladies 9ct gold omega bracelet watch, mechanical and working but no other paperwork other than an official insurance valuation back in 2015.
The replacement value at that time was £6,595. A jeweller I recently visited valued it at £690 based upon its gold content. Another jeweller suggested getting advice from this forum as to an idea of its price and whether it is worth more as a watch (and estimate of value) or just as gold.
Any advice welcome - Tony

 
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The 2015 replacement value was no doubt for a new white gold Omega ladies watch (although £7k seems a bit steep - so I suspect it was for an 18k watch)

Unfortunately, vintage ladies watches (1978 in this case) aren’t really collected, so they are essentially treated as jewellery and valued as such - by gold weight.

Unless you need to sell - It would be a nice keepsake-occasional-dress watch for a female member of the family.
 
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The 2015 replacement value was no doubt for a new white gold Omega ladies watch (although £7k seems a bit steep - so I suspect it was for an 18k watch)

Unfortunately, vintage ladies watches (1978 in this case) aren’t really collected, so they are essentially treated as jewellery and valued as such - by gold weight.

Unless you need to sell - It would be a nice keepsake-occasional-dress watch for a female member of the family.
Hi Many thanks for the feedback - very useful comments
 
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The 2015 replacement value was no doubt for a new white gold Omega ladies watch (although £7k seems a bit steep - so I suspect it was for an 18k watch)

Unfortunately, vintage ladies watches (1978 in this case) aren’t really collected, so they are essentially treated as jewellery and valued as such - by gold weight.

Unless you need to sell - It would be a nice keepsake-occasional-dress watch for a female member of the family.
+1 … the value here is A) Sentimental, B) Melt Value, C) antique Jewelry value which should be checked before you melt it. No women in the family who might want it?
 
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Unless you need to sell - It would be a nice keepsake-occasional-dress watch for a female member of the family.
This. I would keep it as a memory of something she cherished
 
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Tony, Personally if it was my mothers i would want to keep it in the family and hand it over to a female member when the time is right. The thought of something my mum cherished going off for scrap would be unbearable.
 
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Going to be honest.

9kt gold was sold in commonwealth countries and outside of that is not considered real gold either 10kt being the minimum.

The dial is plain and simple. Most women who do buy vintage pieces buy with diamonds and use more as jewelry than watch.

Your choices

Keep for sentimental value in a sock drawer

Sell

Give to another family member who might keep and wear or they might sell

Cost to service could be £150

My father had a similar watch. No one wanted it. Sold and gave the money to my mother.
 
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Going to be honest.

9kt gold was sold in commonwealth countries and outside of that is not considered real gold either 10kt being the minimum.

The dial is plain and simple. Most women who do buy vintage pieces buy with diamonds and use more as jewelry than watch.

Your choices

Keep for sentimental value in a sock drawer

Sell

Give to another family member who might keep and wear or they might sell

Cost to service could be £150

My father had a similar watch. No one wanted it. Sold and gave the money to my mother.
Hi Don thanks - some useful information and practical experience