Omega Constellation 168.017 Cal. 561: Value & Authenticity

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My late grandfather left this vintage omega constellation watch. I absolutely have no idea if it's fully original and if it has some value. A local watch shop offered me $700 for it

 
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Nice looking original conditioon watch, hour and minute hands might not be OK for this watch. Full length original bracelet in good condition (one end link is 'wrong') adds substantially value to it.

So what are your options?

Keeping it?

Selling it yourself?

Selling it to the watch shop?

If you don't want to keep it for yourself or a relative and you don't want the hassle seeling it yourself take the 700 bucks!

My two cents! 😀
 
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Nice looking original conditioon watch, hour and minute hands might not be OK for this watch. Full length original bracelet in good condition (one end link is 'wrong') adds substantially value to it.

So what are your options?

Keeping it?

Selling it yourself?

Selling it to the watch shop?

If you don't want to keep it for yourself or a relative and you don't want the hassle seeling it yourself take the 700 bucks!

My two cents! 😀
Oh so this is no longer what watch enthusiasts call "period correct"?
 
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Oh so this is no longer what watch enthusiasts call "period correct"?
the hands or the end links?
 
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If you want to research on it, this is a 168.017 with a cal. 564. The "brick" bracelet is a reference 1040, and normally you'd have both of the end links either 518 or 18. They're essentially the same, just different referencing system.
 
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Nice C Case constellation 1960s photos a bit blurry but looks original. Hands look ok to me , nice original bracelet. endlinks fit fine not a big deal. It’s a nice heirloom i wound keep it. if you will wear it a service of movement only is good idea but no case polishing that diminished value of vintage watch. Have watchmaker open back for reference details inside Caseback and movement Serial number. Use independent watchmaker with Omega parts account.

If you don’t want it agree take the offer as it’s harder to sell a vintage watch yourself. It will probably get a bit more on eBay no reserve auction but with fees etc you’ll probably net close to same. If you sell it don’t bother servicing sell as is as you won’t recoup service cost.

Info about these C case constellations and examples to look at.

https://omega-constellation-collect...onstellation-c-shape-omegas-child-of.html?m=1


Good luck
 
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If you really want to sell, I’d take the $700 from the watch shop and run.
gatorcpa
 
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If you want to research on it, this is a 168.017 with a cal. 564. The "brick" bracelet is a reference 1040, and normally you'd have both of the end links either 518 or 18. They're essentially the same, just different referencing system.
What about the hour and minute hand?
 
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Nice C Case constellation 1960s photos a bit blurry but looks original. Hands look ok to me , nice original bracelet. endlinks fit fine not a big deal. It’s a nice heirloom i wound keep it. if you will wear it a service of movement only is good idea but no case polishing that diminished value of vintage watch. Have watchmaker open back for reference details inside Caseback and movement Serial number. Use independent watchmaker with Omega parts account.

If you don’t want it agree take the offer as it’s harder to sell a vintage watch yourself. It will probably get a bit more on eBay no reserve auction but with fees etc you’ll probably net close to same. If you sell it don’t bother servicing sell as is as you won’t recoup service cost.

Info about these C case constellations and examples to look at.

https://omega-constellation-collect...onstellation-c-shape-omegas-child-of.html?m=1


Good luck

 
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If you really want to sell, I’d take the $700 from the watch shop and run.
gatorcpa

The movement doesn’t look particularly attractive. I’d second the advise above, 700$ is about what I’d guess you could get if you sold it in an auction / somewhere else. If you want to get rid of it, take the money and don’t look back.
 
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The watch is basically fine. You might get a bit more than $700 selling privately, but I'm sure you expected that since you were getting an offer from someone who expected to make a profit about reselling it. And it saves you a lot of trouble. They may try to double their money since they are a retail store with credibility. Privately, it might possibly be sold for $1000-$1200 between collectors or in an auction. If you prefer, you can list it on eBay. There will be fees and shipping and possibly income tax to be paid.
Edited:
 
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If you want to research on it, this is a 168.017 with a cal. 564. The "brick" bracelet is a reference 1040, and normally you'd have both of the end links either 518 or 18. They're essentially the same, just different referencing system.
The watch shop told me it was Cal. 561
 
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The watch shop told me it was Cal. 561
Without seeing the movement it was a guess. From the photo you posted it is indeed a 561. No major difference in its value or anything. The 564 has a date quickest, while the 561 doesn't.
 
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700$ is not too bad actually. Suprised a watch shop would even pay that much considering they have to stand for it and might get a return if it stops running.
Obviously it is a beautiful watch and in good condition worth more. With the beads of rice bracelet it pops even more in my opinion. Had one of those for some time, same silver dial but beads of rice bracelet and it was stunning.
 
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What about the hour and minute hand?
Sorry for double posting. Noticed your question after posting my previous comment.

The hands look fine to me. You should explain though why are you being so interested in its originality? Trying to increase the price a little?

As others have said, if you want to sell, take the $700. You probably won't get a better deal from a reseller. If you want to keep it as a token to remember your granddad, it's a nice watch. Send it for a service to an Omega certified watchmaker and you can daily wear it for years to come.
 
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Sorry for double posting. Noticed your question after posting my previous comment.

The hands look fine to me. You should explain though why are you being so interested in its originality? Trying to increase the price a little?

As others have said, if you want to sell, take the $700. You probably won't get a better deal from a reseller. If you want to keep it as a token to remember your granddad, it's a nice watch. Send it for a service to an Omega certified watchmaker and you can daily wear it for years to come.
Yes and no, I just want to make sure that everything is original before I list it. Not necessarily increase price
 
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$700 is a VERY generous offer for this watch. As far as I can tell, the watch (other than the end link) looks fine. Last similar one on was a $800 one where a 'best offer' was accepted, so obviously less than $800. BUT that one had the 564 movement.

That movement picture makes me VERY suspicious TBH, and I'd pay much less thanks to it. The difference in finishing between the bridges/rotor/etc makes me very much question the originality of all the parts in the movement. PERHAPS just the angle/light, but I doubt it.

So in summary: That watch shop offering you $700 is offering you a pretty solid deal. I'd say take it before they figure out their mistake.