Help Identify my Omega Gold Watch

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sigkltd

·Sep 26, 2024

I hope you're having a good day. I inherited this watch several years ago and I'm hesitant to sell it for sentimental reasons. It was worn by my mother only a handful of times. Once at my wedding in 1988. It was a gift from my father years earlier. I'd just like to know the model and estimated value. I've never insured it and now I may want to pass it along to one of my children. Thank you for your contributions. I'm located in the US, if that makes a difference.

 

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Dan S

·Sep 26, 2024

Welcome to the forum. For better or for worse, the value of that watch is the melt value of the gold, plus a little bit. Ladies watches from that era aren't terribly collectible, and the watch/bracelet appears to have a fair amount of gold, which is at a record high right now.

If you want to insure it, figure out how much gold is in it by weighing it and calculating the value depending on whether it is 14k, 18k, etc. Alternatively, just put it in your safe deposit box.

 

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sigkltd

·Sep 26, 2024

Thank you your comments. I'll discuss it with family and make a decision.

 

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sigkltd

·Sep 26, 2024

Thank you your comments. It's clearly marked on the back of the watch case as 14K. Does that include the bracelet? I'll discuss it with family and make a decision.

 

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DON

·Sep 26, 2024

If your going to insure it. Insure it for replacement cost. If Omega sells a 14kt gold watch for $12,000. That's what you insure it for. Not going to replace it at scrap gold value.

A lot of diamond rings are insured for more than they're worth

Or as Dan said. Just place in a safety deposit box

 

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Dan S

·Sep 26, 2024

S sigkltd

Thank you your comments. It's clearly marked on the back of the watch case as 14K. Does that include the bracelet? I'll discuss it with family and make a decision.

Almost certainly the integrated bracelet is also 14k.

 

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X350 XJR

·Sep 26, 2024·Vintage Omega Aficionado

It's worth more as an heirloom than a watch, although scrap value should be considerable considering the value of gold.

 

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sigkltd

·Sep 27, 2024

DON

If your going to insure it. Insure it for replacement cost. If Omega sells a 14kt gold watch for $12,000. That's what you insure it for. Not going to replace it at scrap gold value.

A lot of diamond rings are insured for more than they're worth

Or as Dan said. Just place in a safety deposit box

Thanks for the advice.