Advise on Omega Pie Pan De Luxe

kingRibes · Tues. 3:50am

Hello OF, I'm looking on buying this Omega Pie Pan reference 2852-53 (De Luxe), in yellow 18k gold.
It's obvious that the dial is a very bad restoration, but the price I could get it is very good, would it be viable to get a replacement (a compatible dial) or is an imposible misson.

Thanks!!

padders · Tues. 3:52am

I see very few redeeming features here.

kingRibes · Tues. 4:39am

padders
I see very few redeeming features here.

Would be not worth it then?

MtV · Tues. 4:47am

For gold value plus parts value, maybe. Deluxe dials are not impossible to find - I've seen two good ones pop up in the last half decade or so.

Asking us if it's worth it without revealing the asking price isn't really leading anywhere, if I'm honest.

Peemacgee · Tues. 4:48am

Great minds….

If you want a slightly quirky vintage gold watch and you can get it for gold price or less then it’s a win win.

If you wanted an arrowhead pie pan deluxe 2852 Constellation then I can only echo @padders comment - the watch appears to have very few redeeming features.

(Finding an arrowhead pie pan gold dial to fit a 2852 would be difficult enough task and while the photos show very little the case looks like it’s had a hard life. )

kingRibes · Tues. 4:48am

MtV
For gold value plus parts value, maybe. Deluxe dials are not impossible to find - I've seen two good ones pop up in the last half decade or so.

Asking us if it's worth it without revealing the asking price isn't really leading anywhere, if I'm honest.

Price would be 1000€, thanks for the help!

padders · Tues. 5:32am

Not too bad then. There is probably that and more in the gold value. I doubt the case weight is less than 20g.

MtV · Tues. 5:45am

It doesn't - it's 23g if I remember correctly. Go for it.

Dan S · Tues. 7:13am

I think that is probably right at the scrap value for 18k gold, assuming you have a buyer who will pay 85% of spot. So it's a safe purchase. However, that doesn't mean it's a good purchase. The only profit would come from the movement, and you'd have to go through the trouble of selling it.

In terms of the watch itself, you are investing 1000 Euros into a project that will require a lot of time and energy, and even if you are successful you will still have a watch with a poor case.

DaveK · Tues. 2:10pm

Have you seen this one? https://omegaforums.net/threads/14k...pie-pan-oj-2849-reduced-again-to-4400.178460/

MSNWatch · Tues. 2:17pm

I love projects and have waited years to complete some of them. This is not a project - this is a chunk of gold that used to be a watch case. Incomplete watch case to boot since the bezel seems to be missing.

kingRibes · Tues. 2:17pm

DaveK
Have you seen this one? https://omegaforums.net/threads/14k...pie-pan-oj-2849-reduced-again-to-4400.178460/

What do I have to see there?😅

Stini · Tues. 2:37pm

Being a boring human being, I did a quick math thing with current gold spot (now showing $2,741.60 at Kitco's site). If it is 20 g of gold, the value is 1183.26 Euros. It seems a decent gold buy if you want to scrap out right away. Or, who knows with what is going to shake out with currency in the next few weeks. Maybe to hold as a hedge.

MtV · Tues. 5:24pm

The set of hands, the crown and the movement are also a couple hundred $£€. Hence my comment „Go for it.“ It‘s worth it - from a financial perspective, not from a horological one.

Dan S · Tues. 6:13pm

Stini
Being a boring human being, I did a quick math thing with current gold spot (now showing $2,741.60 at Kitco's site). If it is 20 g of gold, the value is 1183.26 Euros. It seems a decent gold buy if you want to scrap out right away. Or, who knows with what is going to shake out with currency in the next few weeks. Maybe to hold as a hedge.

Don't forget that it might not weigh 20g if the bezel is missing, and a scrap buyer will generally pay only 80-85% of spot because they have to make a profit selling to the refiner and the refiner also has to make money. I suspect the seller has priced it at slightly more than he was offered by a pawn shop, hoping that someone will want it as a watch.

As @MtV mentioned, the profit will come from selling the parts.

Stini · Tues. 6:43pm

Dan S
Don't forget that it might not weigh 20g if the bezel is missing, and a scrap buyer will generally pay only 80-85% of spot because they have to make a profit selling to the refiner and the refiner also has to make money. I suspect the seller has priced it at slightly more than he was offered by a pawn shop, hoping that someone will want it as a watch.

As @MtV mentioned, the profit will come from selling the parts.

Absolutely agreed. I figured 85% rate from the refiner. When I've done this before I was lucky enough to work directly with a refiner.

Dan S · Tues. 6:53pm

Calculations posted on an Internet forum may not always be correct, so the OP would be wise to run the numbers for himself.

Advise on Omega Pie Pan De Luxe

kingRibes

padders

kingRibes

MtV

Peemacgee

kingRibes

padders

MtV

Dan S

DaveK

MSNWatch

kingRibes

Stini

MtV

Dan S

Stini

Dan S

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