First post: Advice on a Vintage Omega Constellation ref 168.010

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Well, since the OP joined and posted to a Collectors Forum, I assumed he wanted a Collectors' opinion.

My fault for not qualifying my answer. ::facepalm1::

Collectors are different. And we smell funny, too.

So, my amended statement is, if you are part of the 1%, get help now.....if not, polish the hell out of your watches and make 'em shine like new money so you can impress the 99%. 😁

Actually I see nothing official on this site that says it’s for collectors. My observation suggests that only the Vintage Omega forum is collector-heavy and the others are more balanced.

It would be nice to have a FAQ about this or at least have posters identify what perspective they desire when they ask a question.
 
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You surley don't have to be a hardcore collector using this (sub-) forum.

But who buys vintage watches mostly? Colllectors

If someone buys a watch for a price that doesn't reflect the condition - Which collector will buy it for that price if the watch should be resold again?

I don't read for example the "Modern Omega..." Subforum but I think those people there are not less picky than the vintage guys
 
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Most people don’t buy and sell watches like a collector might, either. I sure don’t.
 
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Actually I see nothing official on this site that says it’s for collectors. My observation suggests that only the Vintage Omega forum is collector-heavy and the others are more balanced.

It’s true that the OF is not exclusively for collectors but it is predominantly for watch nerds, who display most of the obsessive traits of a collector, even if they only ever acquire one watch.
-and I think you can expand the collector-heavy moniker to all of the vintage sections of the forum (Longines, UG, Seiko, etc)

Most people don’t buy and sell watches like a collector might.

This poses a broader question of who buys vintage watches and why - and who sets the value?

Second hand stuff generally gains a premium value if it is deemed ‘Collectible’ - initially and eponymously by ‘Collectors‘ but let’s just call them ‘buyers’ for now to avoid any unnecessary distractions about what is a Collector.

Collectibles buyers can come in various guises - such as, those who hoover up anything and everything, those who only buy the best examples available and those who simply have a interest in having something desirable.

Band-wagon jumpers aside, it’s the second category of buyers who essentially set the achievable sales price of an object but as they say ‘a rising tide lifts all boats’ and that is why we see so many ‘less than perfect’ examples of watches here for premium prices.

It’s true not everyone buying vintage watches thinks like a collector, however, when a new member pops up and asks (an admittedly collector-biased sub-forum) what do we think of the watch and is it worth the asking price, they’re going to receive collector-focused responses.

Ultimately, it’s their money and their choice but as long as the poster gets straight advice they can then at least make an informed decision about how they spend their hard earned cash.
 
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While I appreciate all of the different perspectives outlined here, I definitely came to the forum looking for the opinion of collectors/watch nerds. I would admit that my bar is likely much lower than everyone here but understanding the nuances and details that you all take into consideration was precisely what I am looking for.

I am still happy with the purchase provided it all looks good once it arrives; I will keep you all posted when it does. However, I have learned at least two major lessons:
1) Always ask for proof of service ahead of time and if not available use that to negotiate.
2) Ask more explcitly about any potential case polishing given its impact on the value of the watch (at least to know what I am getting into)

Very informative discussion! I am glad I came to the forum for advice. I will post better pictures here once the piece arrives.

Thanks!
 
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I have just received details from them regarding the service that the watch has undergone. It seems to me to be very generic so I am not sure how much it would mean to people here but quoting them:
"Our watchmaker has lubricated parts of the movement and the glass of the watch has recently been changed"
Any concerns about this statement or a reason for me to get it serviced again when it arrives? And if so, what should I expect to pay for a service?
 
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I have just received details from them regarding the service that the watch has undergone. It seems to me to be very generic so I am not sure how much it would mean to people here but quoting them:
"Our watchmaker has lubricated parts of the movement and the glass of the watch has recently been changed"
Any concerns about this statement or a reason for me to get it serviced again when it arrives? And if so, what should I expect to pay for a service?
“Lubricated parts of the movement” rings alarm bells for me. It suggests the movement was not dismantled and cleaned, and the watchmaker only dropped oil on exposed parts.
 
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In my experience, a qualified watchmaker can examine the movement and tell whether it was recently serviced or needs servicing.
 
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eponymously
That’s at least the third time recently you’ve sent me off to Google. Not only do I learn about watches here I also improve my diction.😀
 
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“Lubricated parts of the movement” rings alarm bells for me. It suggests the movement was not dismantled and cleaned, and the watchmaker only dropped oil on exposed parts.

That doesnt sound very thorough - so I think you will need to get this serviced, this time Properly, with the seal installed, then pressure tested, but i would ask them for a contribution to this full service (full movement strip down and clean)

After all, you’ve got nothing to lose
 
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This poses a broader question of who buys vintage watches and why - and who sets the value?

Would have replied sooner but much harder to edit on iPad. 😀

Ultimately, society at large does. Buyers willing to pay what sellers want to get. Guys like Antiques Roadshow who can change the price of an item literally overnight, the guy who writes the article about some neat thing no one ever heard of before, the item's utility today....

Omega watches before the 70s had two things going for them... quality and style. Even if you couldn't afford a chronometer, you could buy a lesser-expensive watch of similar styling. And, even today, a lot of those non-chronometer movements can be adjusted to keep time to chronometer standards, given certain parts are not worn out or replaced if so.

In 2020, we want attractive watches that are of good quality, and brands like Omega have stood the test of time, to whip (out) a cliche. So they will cost more.

There are in all likelyhood watches of similar quality or attractive styling, but it's a rare brand with both. Be interesting to discuss which those are.

But we are all "to blame" for Omega's high prices... we all want them!
 
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But who buys vintage watches mostly? Colllectors
IMHO I dont think this is true. The reason a company like Xupes started a pop up store in one of the most famous warehouses in the Netherlands has to do with the fact that vintage watches from high end brands are cool among the upcoming and arrived professionals. They want something that stands out, give them individuality. I really have the idea that the collector community is responsible for a very small percentage of the buying market. At least this is my own experience from selling watches. And when I value a watch I think of those people. They set the 'marketprice'. But of course that's a different price the collector will pay (who spends one or two hours a day looking for or reading about watches).
Edited:
 
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@Shabbaz maybe you right!

Being so long here in the OF bubble - maybe I should start selling some watches instead of buying more... to get in contact with the world outside...
Edited:
 
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a company like Xupes

OK - took a glance at what they offer:

Second watch was that:

002_Speedmaster-Straight-Writing-Chronograph-Stainless-Steel-Gents-145022-69-ST.jpg

NO! Thats no my scene, I'm sorry...

Maybe that is "cool upon the upcoming and arrived professional" but I don't want to be a part of this...
 
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Going back to the OP.

what is that????


What are we looking at?
 
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What are we looking at?

The "12" hour marker isn't centric or the minute markers aren't...

And the black dot above the "12" shouldn't be there either IMO
 
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The "12" hour marker isn't centric or the minute markers aren't...

And the black dot above the "12" shouldn't be there either IMO

it could be just the angle of the photo - the marks beside 10&11 look off too

not sure about the black dot but there is one below the 11 index too.
Possibly just detritus on the dial?
 
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OK - took a glance at what they offer:

Second watch was that:

002_Speedmaster-Straight-Writing-Chronograph-Stainless-Steel-Gents-145022-69-ST.jpg

NO! Thats no my scene, I'm sorry...

Maybe that is "cool upon the upcoming and arrived professional" but I don't want to be a part of this...
Haha. Yes, I understand. But did you know a company like Xupes makes more then EUR 16 million turnover a year and within 4 years they want it to be 100? They started small with selling second hand watches out of the garage. But they do have questionable watches with crazy prices!