This watch belonged to my father-in-law. He bought it in 1974 (I have the box and receipt). He died in 1988, since when I don't think it has ever been worn. It sits in a drawer in our house and occasionally comes to light before being put away again. I've now fished it out again and intend to use it. It's still going (the second hand moves) and at first I thought it was working but I see now that it's lost time. It looks in very good condition. I am a complete novice although I admire good quality watches. What do you think I should do with it as regards servicing etc.? How much do you think it's worth? I'm not thinking of selling it, but if it's worth anything I might spend more on it.
Would it be okay to take to any creditable repairer or should it go to Omega (at vast expense, no doubt)?
It should go to an independent watchmaker with an Omega parts account, ask that they don’t polish the watch case, just service the movement, replace seals and polish the crystal.
Lovely watch and worth taking care of. If you let the Forum know where you are someone will probably know a comparatively local watch repairer. From what you’ve posted, I’d be surprised if you needed any parts but obviously that can be ascertained on service.
very nice heirloom No reason to stick in a drawer after service, wear it. And if you do not wish to wear, buy a display case and display. keep box and papers as part of the display
Such a beautiful watch to inherit, your father in law had good taste If it loses let's say 5 minutes every hour, it'll likely be an impact based time loss If it loses time only at midnight, it'll be slipping components that can more easily be fixed It could just be losing a minute etc. - it's normal It could be just stopping every once in a while and losing time that way, this is your best bet, as a simple cleaning and oiling by a watchmaker will make it run too - if one of the later 2 is the case, you could take it to a regular competent but not Omega authorized watchmaker too
Here is a thread with a number of watchmaker recommendations for you. You can also search for others. https://omegaforums.net/threads/looking-for-a-uk-watchmaker.133557/