Hello everyone, I need help to recognise this Omega constellation… any advice pls?

gabe82 · Sat. 3:22am

I got from my father this beautiful omega constellation, white gold 18ct 750. Mexico 1968
It works perfectly.
Bracelet white gold made from “Antica ditta Marchisio) 1*TO. Turin Italy.
In original case.
Could it worth more than I think? Any more info would me really appreciated 🙏

Davidt · Sat. 4:21am

Depends how much you think it’s worth!

Nice watch though.

gabe82 · Sat. 4:50am

Davidt
Depends how much you think it’s worth!

Nice watch though.

12/14k euro could it be realistic? 😬

Peemacgee · Sat. 5:17am

You have a nice watch but probably not.

White gold C cases are the most common white gold constellations.
Being white gold will bring a premium of course but only a little over a yellow gold C case.

The Italian made white gold bracelet is nice ( and looks heavy) but collectors would most likely prefer a brick bracelet on a C case.

Paging @kaplan - he follows precious metal C cases and will be able to give you pretty good opinion of the current market.

Would like to see better pics of the dial if you have them.

Davidt · Sat. 5:31am

More than €12/14k???

I don’t see it being worth anywhere near that I’m afraid. It’s the genuinely rare white gold 50’s/early 60’s Connies that are in the tens of thousands. Not C-cases. Even high end dealers seem to sell the white gold c-cases with bracelet around €8500 so as a private sellers you’d be around 1/3 less as a guess.
These have gone for around €3-4k a couple of years ago but I’d assume gold prices have pushed them further.
I’d guess around €4-6k in a private sale.

cristos71 · Sat. 5:44am

I think way more than €4K, 18kt gold is @ €69/gram at the moment. so a watch like this weigh approx 30g for the watch head and 50g - 60g for the bracelet. So a minimum melt of between 80 x €69 and 90 x €69 so, €5520 - €6210, minus commission of course.

With that in mind I'd put it more in the €6.5 - €7.5K range....but you'd really need to find a day/date C-Case lover and they are pretty thin on the ground as far as I can see. I'll bet an established dealer could get more.

Peemacgee · Sat. 6:10am

I bet that box is worth something to someone with a particular watch from Mexico ‘68.

It’s unlikely to be a Constellation box - so if you are looking to sell, it might be an idea to realise the value separately.

Edit - and I think a 29,xxx serial is too late for 68 Olympics anyway.

gabe82 · Sat. 6:29am

Davidt
More than €12/14k???

I don’t see it being worth anywhere near that I’m afraid. It’s the genuinely rare white gold 50’s/early 60’s Connies that are in the tens of thousands. Not C-cases. Even high end dealers seem to sell the white gold c-cases with bracelet around €8500 so as a private sellers you’d be around 1/3 less as a guess.
These have gone for around €3-4k a couple of years ago but I’d assume gold prices have pushed them further.
I’d guess around €4-6k in a private sale.

Thanks guys to bring me back to earth, lol
All the comments are really appreciated...

Davidt · Sat. 8:06am

The problem with some of these gold watches now is that the gold value has overtaken the collectability value. I admit I’m far from a C-case expert but if we assume the gold value is €5.5-6k, I still think the ‘collectability value’ is €4-6k so you’re potentially in the horrible position where many collectors are potentially being priced out by gold buyers. Just because the intrinsic value is now two grand higher, it doesn’t mean a collector is suddenly willing to pay that.

Again, these are only my thoughts, but I think in a private sale, you’d struggle to get above gold value if it weighs out at €6k

cristos71 · Sat. 8:13am

Davidt
The problem with some of these gold watches now is that the gold value has overtaken the collectability value.

I missed out on a nice condition 1950's jumbo Seamaster chronometer last week that was listed locally buy a picker for exactly this reason. Before I'd had chance to close a deal he'd figured out the gold value and scrapped it.

Clelow · Sat. 8:40am

Nice watch. Perhaps consider a service and wear it.

Porteroso · Sat. 9:42am

The crazy thing about rising gold prices is eventually, so many will have been melted down, the remaining ones will be rare enough to push the price above even the gold value.

If I were you, I'd hold onto this, because in the future it will likely be worth even more, and you will get to enjoy it's sentimental value. Of course, if you really need the money, that is your reality right now. Best of luck! It was a good idea to check here.

More pics always aporeciated!

Dan S · Sat. 10:41am

Davidt
The problem with some of these gold watches now is that the gold value has overtaken the collectability value. I admit I’m far from a C-case expert but if we assume the gold value is €5.5-6k, I still think the ‘collectability value’ is €4-6k so you’re potentially in the horrible position where many collectors are potentially being priced out by gold buyers. Just because the intrinsic value is now two grand higher, it doesn’t mean a collector is suddenly willing to pay that.

Again, these are only my thoughts, but I think in a private sale, you’d struggle to get above gold value if it weighs out at €6k

This is absolutely true. As a collector, I am put off by the price of gold currently, because I don't expect it to stay so high indefinitely, and so I expect that the value of the watch will decline dramatically in the future as it reverts to its value as a collectible.