I'm not sure why you are asking about the value, but if you are at all considering selling it (or selling it in the future) ... go slow. It's likely a watch for a major auction house. Some people may be making you offers by PM, and some of those offers might be fair, but there's no reason to make a rushed decision.
Don't do anything with it. Nothing. Don't clean it, don't open it, don't polish it ... nothing. Don't worry about insurance, just leave it in the safety deposit box at the bank.
If your husband is considering wearing it, that's a different story, and we need to talk more.
We are so glad to have happened upon this forum, and appreciate all of the input so far. We love and appreciate craftsmanship, beautifully made things, and history, but we are not collectors. This watch is something passed along to us that we felt might have value, but we've never been sure, and have not known where to look for honest information. About five years ago, we took it to a local jeweler for an appraisal. He wasn't "comfortable" giving us an appraisal, but offered us "$500 on the spot," with the catch that we had to decide right then. Needless to say, we became suspicious with his eagerness (and weird offer), pumped the brakes, and put the watch back in the drawer for safe keeping.
About five years ago, we took it to a local jeweler for an appraisal. He wasn't "comfortable" giving us an appraisal, but offered us "$500 on the spot," with the catch that we had to decide right then. Needless to say, we became suspicious with his eagerness (and weird offer), pumped the brakes, and put the watch back in the drawer for safe keeping.
Yes, but I suspect it's still in the 5-figure range. 😉
Obviously I don't want to give any sort of valuation, but I thought it would be useful to point out that we're talking college tuition money, not iPhone money.
One sold in 2016 for 68,750.00 CHF https://www.phillips.com/detail/omega/CH080016/87
One sold in 2016 for 68,750.00 CHF but that seems to be where the market peaked. https://www.phillips.com/detail/omega/CH080016/87
Peaked in the sense that prices dropped thenceforth? Do these models show up on the market that often?
One sold in 2016 for 68,750.00 CHF but that seems to be where the market peaked. https://www.phillips.com/detail/omega/CH080016/87
We are so glad to have happened upon this forum, and appreciate all of the input so far. We love and appreciate craftsmanship, beautifully made things, and history, but we are not collectors. This watch is something passed along to us that we felt might have value, but we've never been sure, and have not known where to look for honest information. About five years ago, we took it to a local jeweler for an appraisal. He wasn't "comfortable" giving us an appraisal, but offered us "$500 on the spot," with the catch that we had to decide right then. Needless to say, we became suspicious with his eagerness (and weird offer), pumped the brakes, and put the watch back in the drawer for safe keeping.