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  1. rhyster Jan 3, 2020

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    Hello all
    Greetings from Australia

    I have recently inherited this watch from my late grandfather. Was hoping for some information on vintage, authenticity, and possible insurance value.

    what I do know is is was presented to him in 1971 after 25 years service at a local brewing company.
    My dad has had it for the last 15 years sitting in a draw . I’ve had it for 3 days now and it has kept perfect time.

    Any information the brains trust from this excellent forum would be greatly appreciated.

    Cheers E74439F6-C216-4F3F-8F3B-84BCD23C49C8.jpeg F47BE0BC-8A51-4F6D-BE84-42078964E13F.jpeg 95A3861E-77D5-4DDA-84B9-B28CCFA219A2.jpeg 2792315C-940B-41DF-AFDB-C052B019ACFA.jpeg DE86C851-EE0E-4FC3-9BC2-FC23D5C0F362.jpeg D2EDC84C-B52C-4978-9504-EC7445A35EE5.jpeg A3116593-3DC4-47CE-B357-50A87C3231E6.jpeg
     
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  2. DaveK Yoda of Yodelers Jan 3, 2020

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    Great family heirloom that looks good to me, but let others weigh in. The reference number is inside the caseback 165041, more about them here https://omegaforums.net/threads/omega-geneve-1970s.100670/

    Google eBay sold prices for valuing insurance coverage

    I hope you stick around the forum :thumbsup:
     
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  3. BlackTalon This Space for Rent Jan 3, 2020

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    Definitely get it serviced before running it much more. The rotor is rubbing on the caseback, and the movement looks a little dirty. Find a watchmaker who can service this for you; the Australian forum members can probably steer you to a couple.
     
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  4. JimInOz Melbourne Australia Jan 3, 2020

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    Looks like a good honest watch. The 552 is one of my favourite movements but seem prone to rotor axle wear.

    Get it serviced, maybe a new crown and unless that Fixoflex bracelet is an Omega (I don't think it is, wrong end links) then take it off and get a nice leather strap.

    Location?
     
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  5. rhyster Jan 3, 2020

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  6. rhyster Jan 3, 2020

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    Thanks for your response
    Will definitely be sticking around this forum
     
  7. rhyster Jan 3, 2020

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  8. rhyster Jan 3, 2020

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    Thanks will definitely look at getting it serviced
     
  9. rhyster Jan 3, 2020

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  10. rhyster Jan 3, 2020

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    Thanks for your response.
    Great suggestion on the leather strap

    location is Adelaide South Australia
     
  11. JimInOz Melbourne Australia Jan 3, 2020

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    I can't remember who I used, maybe it was Birkett Watches, Room 407, Level 4, 38 Gawler Place.

    Get a quote from them, and Richard McMahon at 9/118 King William St, and maybe try the people at 4th floor/33 Pirie St.

    Visit them if you can and get a feel for how they treat you and what they suggest.

    It's a plated watch so no polishing, I'd suggest a basic service only and new rotor bushing/axle (whichever is worn) new caseback seal and a new crystal if that one isn't an Omega original (I can't see an Ω in the centre). Maybe a new crown if you've got any money left :D.
     
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  12. rhyster Jan 3, 2020

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  13. rhyster Jan 3, 2020

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    Thanks JiminOz any idea ball park what I would be looking at for that?
    Also what is this watch roughly worth before and after repairs
    Thanks for all your advice
     
  14. VetPsychWars Wants to be in the club! Jan 3, 2020

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    I have the same reference with calendar, 166.041, caliber 565, Geneve without Seamaster, lots better condition. I couldn't give it away for $495. Sorry.

    Tom
     
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  15. JimInOz Melbourne Australia Jan 4, 2020

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    I've got no idea what they charge these days, I've been servicing my own for a few years.

    Due to your watch having a damaged dial and being gold plated, and being a model that isn't sought after by collectors, the value will be low and the cost of a service will probably be greater than the value of the watch.

    But it's not all about money is it?
     
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  16. river9 Jan 4, 2020

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    Congrats on your inherited watch !

    Mine bought 2 years ago for about 200 USD in Vietnam but in less desirable condition. Ref 166.041 cal 563 Geneve collection.

    Yours is more sentmentally valuable.

    Hope it helps
     
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  17. rhyster Jan 4, 2020

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  18. rhyster Jan 4, 2020

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    Thanks again for your wisdom, I think for now I will just enjoy wearing it as is but will definitely service in the near future.

    not about the money at all I will be keeping it, just wasn’t sure if I needed to add to insurance policy

    browsing this forum has absolutely sparked my interest in these vintage beauties, will be on the lookout to add to the collection.
     
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  19. rhyster Jan 4, 2020

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  20. rhyster Jan 4, 2020

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    Cheers river9 I love mine haven’t taken if off since I got it, I have 30+ modern watches but I think vintage is my new favourite.
     
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