My Early Seamaster 120 Divers. What to look for and what to avoid.

Posts
1,182
Likes
5,425
.


Dod you buy this recently? 2.5k in todays market with that dial/bezel, bracelet and serviced is very good value

Yes, I did buy this less than six months ago and have had it serviced since. Next to my Speedmasters, it’s a lovely watch to wear. 😀
 
Posts
4,949
Likes
18,345
Yes, indeed these are lovely wayches. And because of the size you can wear them for private and business situations. My 300 is too big when wearing a business shirt.

Funny thing is, normally I dont like the C-shaped case. But with the 120 I dont mind at all. I think it's a very attractive and versatile watch.
 
Posts
1,182
Likes
5,425
Funny thing is, normally I dont like the C-shaped case. But with the 120 I dont mind at all.

That's curious indeed. I have the very same thing. Whilst I like the dog leg Constellations, I do walk around the c-shaped pieces. I guess it's the bezel that makes all the difference.
 
Posts
168
Likes
465
Mine also cost me a bit over 2,5k EUR, including bracelet and service. Well worth it as I enjoy it greatly!




that’s a nice watch right there
 
Posts
486
Likes
757
Yes, indeed these are lovely wayches. And because of the size you can wear them for private and business situations. My 300 is too big when wearing a business shirt.

Funny thing is, normally I dont like the C-shaped case. But with the 120 I dont mind at all. I think it's a very attractive and versatile watch.

I have exactly the same. Not into C-shaped connies, but really liking this. And indeed - a bit more 'wearable' than the SM300.
 
Posts
486
Likes
757
All these pictures though have convinced me to start searching for a bracelet. I know there are multiple options, which one is most wearable and easy to find?
 
Posts
11,697
Likes
20,409
The bracelet options are;

1. 1098 with 547 (although mine came with 540 Endlinks which seem to also fit).
2. 1069 with 524 endlinks.
3. 1067 (or 1035) with 532 end links. This is my personal favourite but 532’s seem hard to come by (I’ve currently got a wtb add as I only have one and need another).
 
Posts
16,307
Likes
44,917
Just a note on the 1098 and 1069, these seem to be identical to JB Champion bracelets made for other makers (Bulova, Longines, Wittnauer), which of course leads us to belief JBC made them for Omega. I have found that the links swap perfectly so….just throwing that out there.
 
Posts
4,949
Likes
18,345
@Shabbaz do you have 532 Endlinks with the 1067?
I have no idea. But at the moment I'm trying to get my family + dog in the car so we can leave for a holiday in france. So I need to take a rain check on that one. I will take a look when I'm back! 👍
 
Posts
486
Likes
757
Thanks for all the tips, I will dive into it and report back.

Coming back to the watch that was for auction..there was a reserve price which was not met. So its up for sale again..lets see where the 2nd round brings us.
 
Posts
11,697
Likes
20,409
Thanks for all the tips, I will dive into it and report back.

Coming back to the watch that was for auction..there was a reserve price which was not met. So it’s up for sale again..let’s see where the 2nd round brings us.

Did it definitely miss the reserve or could it be the buyer backed out?
 
Posts
7,462
Likes
34,342
I agree with your values- but as we have seen here (and elsewhere since we all are always looking even if not buying) it is indeed really hard to find an honest 120 in nice shape. It was never “easy” before, but word is out on these and it’s a sellers market.

I think there is also the collectors divide which we don’t really account for. Sure, as a seasoned collector we may say “I wouldn’t pay more than $2k for a really clean one and above that is nuts”, but then if pressed on how much it would take to part with one we already own, the numbers magically go upward “an offer under $3k for my really clean one is insulting!”.

Reality is somewhere in between.

A good point and for me a watch always has two values, the value that I'd be prepared to pay and the minimum value I'd be prepared to sell at. These numbers are generally not the same and in an ideal world I'd only be buying watches at a level somewhere below my minimum selling price, not because I'm adding to my collection with future profit in mind but more as a hedge against a broad drop in vintage values in general.

I also agree that the longer a collector has been collecting the wider the gap between those two numbers can/will be. I find it sometimes difficult to answer buying/selling value questions from members as the gap can sometimes be quite large and it all depends on which side of the fence you are sitting.
 
Posts
11,697
Likes
20,409
As well as the spread between a collectors buy/sell price, most collectors have two sell prices (or I certainly do).
There my normal sell price if I decide to sell a watch and there’s the ‘offer I can’t refuse’ price when it’s one I’m not looking to sell. Obviously the price to make me part with one I’m not otherwise looking to sell will be considerably greater than the price I’d put on a watch I’m actually listing for sale
 
Posts
486
Likes
757
Did it definitely miss the reserve or could it be the buyer backed out?
I don't think so because its up for sale this fast again.
Backing out is typically very hard at catawiki. You need to have proof that it was misrepresented and it takes about a week for them to reach a verdict on it. Also if buyer doesnt pay, it typically takes longer with reminders etc.
 
Posts
16,307
Likes
44,917
A good point and for me a watch always has two values, the value that I'd be prepared to pay and the minimum value I'd be prepared to sell at. These numbers are generally not the same and in an ideal world I'd only be buying watches at a level somewhere below my minimum selling price, not because I'm adding to my collection with future profit in mind but more as a hedge against a broad drop in vintage values in general.

I also agree that the longer a collector has been collecting the wider the gap between those two numbers can/will be. I find it sometimes difficult to answer buying/selling value questions from members as the gap can sometimes be quite large and it all depends on which side of the fence you are sitting.
This is why I have a hard time with threads started by newbies asking about buying a plain 60’s Seamaster. The seasoned collectors scoff at the price and say “I wouldn’t pay over $400 for one of those”, but the newbie can’t find one for $400….nor would the seasoned collector sell theirs for $400.
 
Posts
419
Likes
184
A good point and for me a watch always has two values, the value that I'd be prepared to pay and the minimum value I'd be prepared to sell at. These numbers are generally not the same and in an ideal world I'd only be buying watches at a level somewhere below my minimum selling price, not because I'm adding to my collection with future profit in mind but more as a hedge against a broad drop in vintage values in general.

I also agree that the longer a collector has been collecting the wider the gap between those two numbers can/will be. I find it sometimes difficult to answer buying/selling value questions from members as the gap can sometimes be quite large and it all depends on which side of the fence you are sitting.
There's a name for this psychological bias: the endowment effect. Basically, we all inherently overvalue what we already own.
 
Posts
7,462
Likes
34,342
There's a name for this psychological bias: the endowment effect. Basically, we all inherently overvalue what we already own.

I read the link and it was interesting to read the theory behind what has always felt like a natural emotive reaction based purely on gained experience perhaps coupled specifically with a rising market.
 
Posts
16,307
Likes
44,917
There's a name for this psychological bias: the endowment effect. Basically, we all inherently overvalue what we already own.
Exactly- or in the case of watch collecting, what the values were when we were actively searching. I think a 4 or 5 digit Rolex GMT should be worth somewhere between $2-5k…that’s what they cost when I was actively searching and bought mine. I know this is not the reality and the current market values are ridiculous for these watches. But, I’m not shopping for them- so if someone is willing to pay $16k for one and finds one at $12k may think they found a steal!