New to OMEGA, need some advice about this watch.

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Amazing! Well I will definitely win this auction and get my first vintage omega. Thank you to everyone who helped and I already love the community here even though I only found it a couple days ago.
Glad you feel more confident Calistoga, this is a great community- I agree. So you are armed with the info you need, now you need to feel comfortable with the price up to which you are willing to bid. Hopefully you steal it, but be prepared to spend a little if someone else knows what they are look at.
 
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Glad you feel more confident Calistoga, this is a great community- I agree. So you are armed with the info you need, now you need to feel comfortable with the price up to which you are willing to bid. Hopefully you steal it, but be prepared to spend a little if someone else knows what they are look at.

And if it's for a good cause (just guessing because the OP said it's a silent auction), he can feel good about bidding a little extra.
 
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And if it's for a good cause (just guessing because the OP said it's a silent auction), he can feel good about bidding a little extra.
It is for a good cause, they used to support my family when I was a child so I fully intend to bid as much as necessary to get the watch. My only concern is if someone try's to place a last minute bid when I'm not present to bid higher.
 
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It is for a good cause, they used to support my family when I was a child so I fully intend to bid as much as necessary to get the watch. My only concern is if someone try's to place a last minute bid when I'm not present to bid higher.

I thought a silent auction was the kind where you submitted one sealed bid ahead of time.
 
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I thought a silent auction was the kind where you submitted one sealed bid ahead of time.
I wish that's how they ran it. How they are doing it is you have to go to the auction site and write in a book your bid that's public for other people to see, then on the last Friday of the month they take the book away at noon and close the auction. I'm pretty sure they do it this way to start bidding wars with people, but it also screws you over if you work Friday because someone can place a last minute bid.
 
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It's basically an eBay style auction. The only viable approach is to snipe. You need to be available at noon on Friday.
 
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It's basically an eBay style auction. The only viable approach is to snipe. You need to be available at noon on Friday.
That is the plan. I did place the first bid though just to show people that there is interest in the watch, plus the starting bid was only 80$ so I thought I should get that up to a proper price. I talked with some volunteers running the auction and they didn't send it to get appraised or authenticated all they did was look it up online for a couple of minutes, they apparently are unaware of who donated it as well. From the looks of it the items getting the most attention from people are yeezy shoes, name brand purses and some other trivially items, so this watch may go complete unnoticed which to be honest will be slightly disappointing if no one else realize what a gem it is.
 
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It's basically an eBay style auction. The only viable approach is to snipe. You need to be available at noon on Friday.
We had a live estate auction house locally years ago, they would do the preview Wednesday night and then their auctions started at 1 on Friday's, all contexts to be removed by EOB. I took several half days on Friday's when something I wanted was coming up.
 
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That is the plan. I did place the first bid though just to show people that there is interest in the watch, plus the starting bid was only 80$ so I thought I should get that up to a proper price. I talked with some volunteers running the auction and they didn't send it to get appraised or authenticated all they did was look it up online for a couple of minutes, they apparently are unaware of who donated it as well. From the looks of it the items getting the most attention from people are yeezy shoes, name brand purses and some other trivially items, so this watch may go complete unnoticed which to be honest will be slightly disappointing if no one else realize what a gem it is.
Well, if you get it for $150, donate another $500 to the charity and you still walk away ahead of the game, win-win.
 
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Well, if you get it for $150, donate another $500 to the charity and you still walk away ahead of the game, win-win.
That is the plan. Unless someone else gets it then I'm going to try and buy it off them.
 
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That is the plan. Unless someone else gets it then I'm going to try and buy it off them.
Now you're talking like an OF member 👍

Seriously, I don't remember anyone here mentioning ballpark value at an auction. Can anymore who is familiar with the market on these weigh in on auction value?
The way I have done it in the past (like with eBay) is if I really want it, I bid the max I think is sane. Not what I would like to get it for, but my seriously top end. If anyone else was willing to pay more, then they were crazier than me.