Insurance New for Old replacement for OMEGA 168.045 1970 Constellation

[Pinkpanther]

Hi Guys,

I am updating my contents insurance for my watches. The watch I am particularly interested in is my 1969/1970 Omega Constellation 168.045. This watch has the 751 calibre movement.

My insurance company offer a new for old replacement and I have had the replacement model confirmed for my Rolex and valuations are in place, however to me its not so clear what that replacement would be for my OMEGA Constellation. depending on the likely replacement cost I may need to get a formal valuation done so I am looking for advice please on what watch would be the closest new for old replacement. Any thoughts?

 

[Davidt]

Can you post a picture so people know the watch you’re referring to

 

[Pinkpanther]

Davidt

Can you post a picture so people know the watch you’re referring to

 

[kfranzk]

Hallo, I think you can easily buy a SS 168.045 for under 1000€ or $.
So why any insurance???
- The price in the 70s was about 500$.
- Todays price used may be 1000$ serviced.
- The logical successor maybe the Omega Globemaster for about 10.000$.
I do not know how your insurance calculates, but I cannot image they would offer this contract.
Konrad

Edited: Sep 3, 2023