Omega Automatic - small seconds - looking for help w/ identification

Dear fellow Omega Forums members - I just found this Omega Automatic amongst my great-uncle's stuff and would appreciate if anyone of you super-knowledgeable peeps could help me identify the model.

I am contemplating on having the watch serviced while keeping the patina. Would appreciate thoughts on this process too - this is my first such project.

hi! it looks to me as a bumper Omega watch with Omega movement cal 342 inside
Lovely and rare watch but to identify reference number you need to open back case
I would recommend to bring it to your local watchmaker for identify help

An update: my local watchmaker opened the watch, its reference is 2402-4 with a 344 caliber. Based on the SN of the caliber the watch was procured in 1952.

My local watchmaker couldn't service the watch due to him not having the parts - it's now sent to the Omega service for a service estimate. Would be interesting to hear your opinions on whether it's worth fixing or not; or what is the highest service cost you would accept.

Well, difficult question IMO : on the one hand, it is a heirloom which you might want to keep and wear : on the other hand, my impression is that water has come inside in the past, hence the dial damage between 1 and 3, so putting money into it would only make sense because you intend to keep it : I would guess a minimal €200 is required by an independent watchmaker to just service the movement (taking in parts, cleaning, oiling, regulating) hoping that there are no major parts worn that would need to be replaced. Omega will apply a standard (very high) fee to overhaul it completely, probably in the region of €700 "only" as it isn't a chronometer, but in my view, it would be way too expensive for that watch and it would loose most of its identity.

In my opinion its pointless to service vintage Omega watch in Omega service
they overprice the service and buying parts from internet ( sometimes used )
I am sure you will pay for service more than watch values..
Best option would be to find some reputable watchmaker. You will have 1-2 years warranty and easily can post the watch
Use google and trust pilot for references...

Thank you both @RoadRunner73 and @vanjuxa for your replies! You are confirming what I was already thinking about. Will most probably wait to hear Omega's opinion, decline it, and then, after I have the watch back pay a visit to a local, independent watchmaker.

Your advice was very much appreciated, thank you!

Hey @RoadRunner73 and @vanjuxa - just wanted to let you know that I got the watch back from my local watchmaker at a fraction of the cost of the 'official Omega service quotation.

The insides were totally serviced with a few broken bits replaced and some polishing was done - but the dial was not replaced or worked on. I really love what this watch became. Thank you for your opinions that helped me get here. Have a great week!

Looks great! Good ol honest work horse!

Smashing ! just the necessary done in order to keep the mature look of this very nice watch ! Happy to hear that some of us helped you in a way!
Wear it in good health ! Cheers !