Age of omega pocket watch serial number

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I would love if anyone could tell me the age on this omega pocket watch which is my great grandfather I anticipate it’s early 1900 it was never working and I got it reconditioned and in perfect working order.. approx price of something like this would be great for insurance purposes thank you in advance
 
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The serial number says 1955 😕
Maybe the movement has been replaced?
 
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Indeed, the movement appears to be more modern than stated. I don't think that pocketwatchdatabase info is correct. Is there a number in the case? Higher resolution photos would be helpful.
Edited:
 
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Movement is a 38.5 by the look of it. Introduced in 1932 at the earliest and used up until 1966.

I would date the watch to some time around 1955 and if we can get a case serial number it may be possible to identify it further.
Based on the Pocket Watch Database website, it looks to be from circa 1903... I hope I read the serial number correctly (14774238)
Some serious problems with that database (at least for Omega).
I wouldn't put any trust in their information.
 
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Quadrophenic-Schizophrenia (marking that chart for future).