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  1. MSNWatch

    MSNWatch Vintage Omega Aficionado Staff Member Aug 12, 2012

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    MKelley likes this.
  2. cicindela

    cicindela Steve @ ΩF Staff Member Aug 12, 2012

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    33 . Just a hair small
     
  3. ulackfocus

    ulackfocus Aug 12, 2012

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    Nice, but is the red second hand original?

    And for gold capped, that IS expensive.
     
  4. MSNWatch

    MSNWatch Vintage Omega Aficionado Staff Member Aug 12, 2012

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    I think everything on that watch is original including the red seconds hand. It doesn't look like it has ever been opened. And yes while the price is high, we have yet to know how much the seller would accept. And I have always been an advocate of placing a huge premium on mint or NOS pieces. The vintage watch community has yet to see the escalation in price based on condition of say the collectible comic book community. Take for example the comic book x-men #1 from the early 60s. A copy rated at 9.4 to 9.6/10 in condition could fetch $40-50,000 but a copy rated 9.8/10 just fetched a shade under $500,000. So there you are talking about a 10fold price difference for perhaps a 5% improvement in condition. For less important comic books, the premium for that difference in condition is perhaps 300-400%.

    Remember it is all about condition, condition, condition. This watch I linked to I would value higher than the same model in average condition in 18k gold. Some may disagree but that's how I look at this hobby of ours. Some folks who have invested more money and time than me won't even touch a piece at this point unless it is near NOS if not outright NOS and if they find the watch in the condition they want, they wouldn't hesitate to pay a huge premium.

    I am getting my latest purchase this coming week and will start a thread here to hopefully illustrate this point.
     
    gatorcpa likes this.
  5. alam

    alam Aug 12, 2012

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    33? really? are there two different sizes on these Seamasters?
     
  6. ulackfocus

    ulackfocus Aug 12, 2012

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    No argument on condition being the determing factor all other things being equal. I've always thought the premium for mint+ on solid gold examples is the highest percentage over market value so I was a little surprised to see the asking price. The seller is allowed to ask, right?
     
  7. MSNWatch

    MSNWatch Vintage Omega Aficionado Staff Member Aug 12, 2012

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    Biggest premium are for the more sought after watches no matter the metal - cal. 321 speedmasters for example.
     
  8. gatorcpa

    gatorcpa ΩF InvestiGator Staff Member Aug 13, 2012

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    Coins and stamps are the same way. Even extremely common pieces, like those you find in everyday change, can sell for massive amounts when independently certified in higher mint state condition. For coins, this would be MS-68 and up.

    Add rarity into the mix and the sky's the limit,
    gatorcpa
     
  9. cicindela

    cicindela Steve @ ΩF Staff Member Aug 13, 2012

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    Mike, I have some concerns about the lining up of the minute and hour markers at 11 and 10, especially at 11 they appear off. Also the crosshairs appear a little thick, but that just may be how they appear being as new. Question 3, is this watch really 33mm or is it 34 or 32?
     
  10. dsio

    dsio Ash @ ΩF Staff Member Aug 13, 2012

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    Really does look like it came out of a time capsule, clean as
     
  11. MSNWatch

    MSNWatch Vintage Omega Aficionado Staff Member Aug 13, 2012

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    Not really that concerned since looking at the watch overall, it looks legit NOS. I have had pieces that had minor imperfections in the dial that I know to be NOS.
     
  12. cicindela

    cicindela Steve @ ΩF Staff Member Aug 13, 2012

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    Great , watch is your guess the actual diameter is, 33?
     
  13. hoipolloi

    hoipolloi Vintage Omega Connoisseur Aug 13, 2012

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    Ok, let's guess what caliber's inside, case ref and what's the correct diameter of this watch. ::confused2::
     
  14. kyle L

    kyle L Grasshopper Staff Member Aug 13, 2012

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    My guess is that it's a 2846 with a 500/501...

    Gents' leather strap

    Reference
    KO 2846
    International collection
    1956
    Movement
    Type: Automatic (mechanical)
    Caliber number: 500 / 501
    Cal. 500
    Created in 1955, 17 jewels
    Cal. 501
    Created in 1955, 19 jewels
    Both with central sweep-second hand
    Case
    Gold-cap on stainless steel
    Case back
    Press-in
    Dial
    Luminous (radium), with hand-rivetted gold hour markers and gold "Dauphine" hands.
    Crystal
    Armoured hesalite
    Bracelet
    Leather
    Water resistance
    30 meters
    [​IMG]
     
  15. adam78

    adam78 Adam @ ΩF Staff Member Aug 13, 2012

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    Sold for $1650!
     
  16. ulackfocus

    ulackfocus Aug 14, 2012

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  17. kyle L

    kyle L Grasshopper Staff Member Aug 14, 2012

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  18. cicindela

    cicindela Steve @ ΩF Staff Member Aug 14, 2012

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    Very interesting , same type of hands. I suspect the first was a cal 410 or 420, so what is the predecessor of the 354?
     
  19. jud

    jud Aug 14, 2012

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    This thread brings up and interesting question for a newbie like myself. What percentage of your collection do you wear, ever? I only have one watch that I leave in the safe, but am considering purchasing more. I have troubles with both sides of the equation. I hate to spend money on a watch and never wear it, but there is no way I would buy NOS and ding it. I have already done that once and now it is my daily wearer because I hate to ding my others.
     
  20. bob martian

    bob martian Aug 14, 2012

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    I wear every watch I have. If I have a watch that I stop using I sell it and buy one that I will use.