Advise for 1946 Omega

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Hi guys,

First of all thank you for accepting me on this website.
I am very inexperienced with watches so bear with me.

My great aunt started selling all kinds of old jewelry and watches recently. One of them being this Omega watch.
It still winds up and shows the time and chronograph correctly but it needs a service, the lower button doesn't work anymore.

A store in Brussels wanted to give us 800 euros for it and said it was a shame the dials were damaged, else it would have been more.
To fix it he told us it would be around 700 to 900 euros.
We didn't ask what the model was because at the time the goal was just to sell it.

I have done a little bit of research and found out it was approximately made in 1946 and bought new by a family member.
(Serial no.10723463)
No documents are left.
It looks alot like this watch I found online except for the dials being a little different. https://www.timeline.watch/watch/1946-omega-chrono-tachymeter-ref-ck2279/

My questions are:
- What is the name of this watch?
- Is it worth buying this watch from my great aunt and repairing it (1500-1700 euros total)?
- What is the approximate value for a watch like this in good shape? Because I don't see them for sale online.

I really like this watch but for me this is a big investment, so I am only doing it if the watch is worth something.
If it is just a regular watch I rather buy something more special.

Thank you in advance guys!
 
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You did very well not to part with it for €800 - I’m no expert on these but I think it’s worth considerably more.

Others will chip in but there are some OF members, such as @LesXL, who are in Belgium and can recommend good watch repairers/servicers.

For an estimate of the value - and these watches are in different conditions- search on line, on eBay and Chrono24 under the headings 'Omega 2279-4' and see what you find.
 
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The photo really obscures the damage, but the top of the dial looks pretty bad, which kills the value. "11" is gone, but I can't tell about "12" because of the glare. The outer track looks totally washed away from 50 through 5 seconds. Personally, I would hesitate to invest in repairing a watch with a dial like that. In any case, if you want good advice, post better photos that show the dial accurately.

 
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The photo really obscures the damage, but the top of the dial looks pretty bad, which kills the value. "11" is gone, but I can't tell about "12" because of the glare. The outer track looks totally washed away from 50 through 5 seconds. Personally, I would hesitate to invest in repairing a watch with a dial like that. In any case, if you want good advice, post better photos that show the dial accurately.


The watch still is at my great aunt's house, these are the only pictures I have. I will post better ones when I have the chance. Yes the "11" is gone and the "12" part of it is gone. The outer track is gone like you said.
My plan is not to make profit by the way. As long as I can sell it later without losing too much money it's fine with me.
I have still one picture on my phone where the damage is more visible I will add it to the post.
 
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The watch still is at my great aunt's house, these are the only pictures I have. I will post better ones when I have the chance. Yes the "11" is gone and the "12" part of it is gone. The outer track is gone like you said.
My plan is not to make profit by the way. As long as I can sell it later without losing too much money it's fine with me.
I have still one picture on my phone where the damage is more visible I will add it to the post.

This would be a very difficult watch to sell, IMO, even after repairing the movement. I think it might be best to let your Aunt sell the watch to someone else, and you should look for a watch in better condition. She can probably get more than 800 Euros by selling it privately, but yes, it's a tough sell. Most collectors won't want it.

One of the things I have learned over my time collecting watches is to focus on the attractiveness of the dial in its current condition. It's the most important part of the watch from an aesthetic perspective. If the dial looks good, I can forgive some other flaws, and consider restoring the movement. But if the dial is poor, it's just not something I would want to get involved with.
 
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If you have euros 800, give that to your Aunt. And quick ! Tell her, you want to experiment a bit of repair work yourself.... The movement seems ok. The pusher adjustment should be no big problem for a watchmaker. Needs a complete service anyway, but someone here will be able to direct you to an experienced vintage watchmaker for Omega Cal. 321. And it should not cost more than Euro 500 to get it back into good working condition. Do a better job with the pictures, pls. The Dial is the most important part of this chronograph. Focus on that the rest is no problem. Hands are fine as well. Good and rare watch, buy it.
 
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Your last picture shows, that all numerals are there. Just the minute circle is damaged. Possible this dial could be cleaned, that large upper stain could be excessive oil ?
 
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My cousin recently inherited an Angelus watch of similar age (I think) and roughly similar condition.

I suggested he might take it to a reputable auction house, Sotheby’s in London, who will have an expert in old timepieces. I imagine you have similar auction houses in Brussels
 
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-4 case back, with a serial indicating an earlier run might explain a dial and movement that have differing condition issues.
 
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Thank you guys for responding!
I decided I will buy it from her and having it restored.
I will do some research on where I could have it restored (preferably in Belgium).
I do not plan to make profit on this watch. As long as I can sell it for around the same price in a couple of years to buy something else it's fine with me, I just like the watch especially because of the age.
Took some better pictures today. Maybe this gives a better view.
It's very difficult to take a picture of the damage, I kinda like the "patina" look of this watch.
 
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Your last picture shows, that all numerals are there. Just the minute circle is damaged. Possible this dial could be cleaned, that large upper stain could be excessive oil ?
That might be possible. As the Numbers are still visible behind the faded part. But I'm no expert so not certain.
 
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My cousin recently inherited an Angelus watch of similar age (I think) and roughly similar condition.

I suggested he might take it to a reputable auction house, Sotheby’s in London, who will have an expert in old timepieces. I imagine you have similar auction houses in Brussels
I think I will keep it. So I don't think a auction house is necessary. But I will take a look where I can repair it/ service it.
Thank you for the advice!