I get asked often if a watch has an extract. The thing is that for those watches which would really benefit (late 50's to early 60s Speedmasters and pre-war "important" watches) the answer often comes back that the archives are incomplete and no extract can be issued. Omega do refund the application fee in full.
I'm not sure if it's coincidence but whenever I've had a watch that needed a question answering (as to whether a dial was correct or whether a movement was chronometre rated), the answer has always come back that the extract isn't available.
As to value, it certainly adds value to a watch where it confirms something like a military provenance or that the movement is correct to the type of watch. If we're talking a simple Seamaster or DeVille, it adds nothing and the buyer is certainly not prepared to pay to cover, or even contribute, to the fee.
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