FAP 2998 with interesting paper work

Posts
641
Likes
723
https://loupethis.com/auctions/omeg...za-aerea-del-peru-box-and-papers-time-capsule

With it comes this letter. Translate only recognises half but still very interesting

Basically the document says that there were 380 watches delivered to PAF and that they benefit from a 2-year warranty (rather than one as provided by default by Omega). The letter suggests watch holders to keep the warranty papers. Warranty details would have been in the appendix.

Edit: the paper showing that extension of warranty is photo 20.

Crazy watch.
Edited:
 
Posts
266
Likes
1,071
That has to be the nicest 2998 I have ever seen for sale
 
Posts
5,281
Likes
24,089
Interesting sales system - 10% fee, watch in possession of auctioneer, good photos.

seems like a strong competition for other houses.
 
Posts
21,887
Likes
49,664
Interesting sales system - 10% fee, watch in possession of auctioneer, good photos.

seems like a strong competition for other houses.
10% to the buyer and a flat $500 seller's fee. I agree it's a good model.
 
Posts
2,537
Likes
2,928
I love LoupeThis - but for Omega's seems a bit risky, I don't pay too much attention, but it always seemed below market to me results-wise
 
Posts
641
Likes
723
And also lots of good pictures.

It’s so annoying when most auction houses include a single and usually poor picture. Maybe that’s best for getting underrated watches but honestly… reaching out, asking for pics, and then getting three out-of-focus pics via WhatsApp is really not efficient.
 
Posts
2,537
Likes
2,928
And also lots of good pictures.

It’s so annoying when most auction houses include a single and usually poor picture. Maybe that’s best for getting underrated watches but honestly… reaching out, asking for pics, and then getting three out-of-focus pics via WhatsApp is really not efficient.

With recent lens improvements think how hard it must be to take those out of focus pictures to avoid responsibility on potential issues lol
 
Posts
215
Likes
921
Nice piece! Happy it did well. Congrats to both the buyer and seller.
 
Posts
1,037
Likes
1,091
I love LoupeThis - but for Omega's seems a bit risky, I don't pay too much attention, but it always seemed below market to me results-wise

I think exceptional pieces do well

Run of the mill watches tend to sell at 'market' or just under.