Lets evaluate this Vintage piece

If this would sell on eBay, I think it would go in the 2000-4000 USD region.
Usually people think these gold/diamond watches command tens of thousands ($/€), but they don't...

Pop it on a set of scales and I’ll tell you pretty quickly what it’s worth…

Edit: just beaten, great minds etc

So a few details about this watch since Phil left them out.

Details of this watch are: 66g of solid 14k without movement and dial. Has 183 round cut 1.25mm diamonds so approximately 1.83 cttw. Mint condition meaning absolutely no scratches, dings or flaws. Keeps great time.

According to Omega it came in both the gold and black hands.

I'll guess the watch is worth $ 3000 USD.

Current market eBay selling price less 15% commission = $4,000 (best case)
Value of $4,200 in an S&P index fund at time of original purchase now = $300,000 (before capital gains tax)
Sentimental value = priceless 😀

Well I’m not sentimental and I’m not saying it’s worth $300,000 but I am saying in my opinion I’ll fetch $4000-$6000 depending on the buyer and where I sell it. Definitely not worth Gold Value only.

This is one of them threads... 🍿

Well, are you looking for fair market value or retail price? I think fair market value is close to the price of gold melt. Maybe melt + $500 if people are interested. There are many popular vintage solid gold Omega models that don't even reach the $4000-$6000 range and some have more gold.

Keep in mind that in the not so distant past people were still actively melting Rolex Day-Dates and they used to trade a little over spot. They were considered "Junk." While, this particular perspective has changed, it hasn't with many other watches (and brands). A year or two ago, I walked into a Cash for Gold shop and saw a solid gold Piaget Polo. It was priced a couple hundred dollars over spot and they couldn't get rid of it.

The issue with the watch posted here, is that the design hasn't come back. Will it? Who knows. Watches with integrated mesh bracelets like that haven't been popular in a few decades and many of them still get melted down for the quick cash. If you jump on ebay, you'll see some PPs and APs with integrated mesh bracelets listed in the range you mentioned and they're not particularly flying off the shelves.

That being said, it is totally possible for a jeweler to put this watch in a case, slap an $8k price on it and eventually sell It to someone for $6k. Jeweler markups are obviously high and often unrelated to the reasonable market value.

This is one of those watches where I'd recommend somebody hold on to it if they don't need to sell it, because a dealer and the average buyer won't value it highly. However, these perspectives can and do change.

Tony Montana & Co are dead or behind bars, today's "entrepreneurs" wear pateks not Omegas. So not much value in western markets, maybe Asia?