Please consider donating to help offset our high running costs.
The caseback says 166.00027, can that be correct?
nice condition and the markers have gone a nice colour, if it isn't vulgar, mind if i ask what you paid for it?
I was considering it, but I actually already have a SM120 in comparable state.. so am sharing the auction link here for those that are interested: https://www.catawiki.com/nl/l/62712849-omega-120m-seamaster-diver-166-00027-heren-1960-1969
It ends tomorrow.
Then again, when I’ve been looking recently, good SM120’s are hard to find. Most of the ones on eBay are beat to hell, so I can kinda understand why someone paid that given the condition. Still expensive imo.
I first bristled when I saw the price above and I remembered @Shabbaz several years ago saying “a nice SM120 is €2k”…and everyone says nahhhh, I can get one for €1.5k…..yeah, show me.
Well unless you’re very lucky, no one’s getting a decent automatic version for €1500 anymore.
I still think €2000 is possible with patience but you’ve got to know your onions. By the time you’ve asked on the forum if it’s fake, chances are someone will have bought it.
I do think €3000 head only is a strong price and although the market may have spoken, it is only one sale. I think a range of around €2300-2700 for a good example is about right. Obviously true collector quality will be higher and a service or bracelet adds value and average/poor examples will be less.
What’s everyone else view on the market?
Nice discussion indeed. I was hunting for a SM120 for a while about a year ago, and indeed had taken @Shabbaz's 2k guideline in mind as well. I found ok examples with bracelet in the 2300-2700 range, but all still had some flaws. Ended up paying about 3k for a serviced head only, but with in my view, a state of the lume that was a lot nicer than what was on the market - happy to pay that premium, even though I know it was not a good deal.
I think the Catawiki buyer did fine, because the state of the lume on that example was also a lot better than most out there. But i agree it wasn't a bargain.
Are you quoting € or $? Then again, I suppose they’re the same now!
Certainly an interesting discussion as good examples of the SM120 do seem to be hard to find. Happily both mine have lovely lume as well. Both are away (or shortly going away) for a long over due service.