Is this a good example of an Omega 2577? Is it worth 600 pounds?

That is close to $1,011.00 Canadian (I have to convert). I like the watch, but at 1000 plus Canadian, I would keep looking. Since I have two comparable mid ‘50s Omega bumper automatics, passing this one up would be easy for me. My calibre 355 date at 6:00 says hello.

Although @Canuck is right about keeping looking, @SkunkPrince may have the advice for you on this particular watch.

If you like it and want to wear it and can afford it, and the occasional service, then you should get it.

I now realise that although I collect watches, I’m a watch lover/enthusiast rather than a watch 'collector'. I buy watches to wear rather than put in a safe or a box. I have a self-imposed price limit (£500) which I can and do break for the right watch and I can live with imperfections (although my patina tolerance is very low).

So far as your watch is concerned, it’s in lovely condition for a 70+ year-old watch and these are increasingly hard to find in such nice condition. £600 is a very good price IMO and if you ever decide to sell or trade, I’d expect you’d recover what you paid (and possibly more).

Here’s my 1954 gold capped 2767 for which I paid about £500 plus shipping a year or so ago.

My advice for any watch you like and would wear more than collect.

Find the most perfect example of said watch first, price it and work on a watch like above to compare if it’s a good deal or not.

PS And the price isn’t too bad 😉