Omega constellation 2852-53 SC 18k

TimC2706 · Thurs. 2:49pm

Hello,
I don't know a lot of omega vintage watches, that is why I have the following question:
This is a pie pan arrowhead 18k 2852-53 sc. The asking price is: 3500€. Is this a good price for this condition? The watch should be completely original. No papers.

cristos71 · Thurs. 2:55pm

I wouldn't pay anywhere near €3.5K for that, the dial is too far gone and the case has lost its sharpness. More like €2.25K-€2.5K max, and that due to the high gold price

TimC2706 · Thurs. 3:14pm

cristos71
I wouldn't pay anywhere near €3.5K for that, the dial is too far gone and the case has lost its sharpness. More like €2.25K-€2.5K max, and that due to the high gold price

Thanks for your help. There is 25G of gold in the watch. Which would mean purely in gold the price is 2200€. You think the watch is in that bad of a condition its only worth to buy it for the price of gold?

Dan S · Thurs. 3:21pm

Realistically 25g of 18k scrap gold could be sold for about 1500 euro. You can’t sell 18k scrap gold for the price of 24k bullion.

cristos71 · Thurs. 3:28pm

^ This

So yes that's how I value it

gatorcpa · Thurs. 3:33pm

https://www.midstatesrecycling.com/karat_kalc

This should help to compute the value of the gold. But I agree with @Dan S, you won't get 100% of even the 18K price from a scrapper. They have to make a buck too.
gatorcpa

PS - There was a nice pie-pan Ref. 168.011 deluxe with a gold dial that sold on eBay today for $3,050, which I thought was a fair price. Chrono24 is a good marketplace, but fairly priced merchandise there moves very quickly and what you see there is mostly overpriced leftovers.

TimC2706 · Thurs. 3:33pm

Appreciate it. The gold compare website is very handy. I will try for 2500€ in this condition or look further. Thanks!

Dan S · Thurs. 3:44pm

gatorcpa
https://www.midstatesrecycling.com/karat_kalc

This should help to compute the value of the gold. But I agree with @Dan S, you won't get 100% of even the 18K price from a scrapper. They have to make a buck too.
gatorcpa

I find that if you get 90% of spot for scrap gold, you've done well. So personally, I would multiply that value by 0.85 (for a pawn shop) or 0.9 (for a specialized gold buyer).

For actual bullion, you can do better, but scrap needs to be refined.

gatorcpa · Thurs. 3:53pm

Dan S
I find that if you get 90% of spot for scrap gold, you've done well.

That website actually gives what they will pay for the indicated weight. Using the OP's figure of 25 grams:

gatorcpa

gbesq · Thurs. 3:59pm

T TimC2706
Appreciate it. The gold compare website is very handy. I will try for 2500€ in this condition or look further. Thanks!

I would pass even if you were to get 2500. The dial isn’t great.

Dan S · Thurs. 3:59pm

gatorcpa

gatorcpa
That website actually gives what they will pay for the indicated weight. Using the OP's figure of 25 grams:

gatorcpa

You're right. This appears to be a B2B refiner. We have one locally as well that also returns about 95%, but you need to have a business license to use them.

MtV · Fri. 4:32am

Dan S
Realistically 25g of 18k scrap gold could be sold for about 1500 euro. You can’t sell 18k scrap gold for the price of 24k bullion.

This.
Movement, hands, etc carry some value but honestly at 2.5 is already too much imo.
And even if you can get it for 2k, that’s quite the price tag for a watch that simply isn’t attractive anymore.
Be patient, pay a little more, get a watch that’s actually nice.

Omega constellation 2852-53 SC 18k

TimC2706

cristos71

TimC2706

Dan S

cristos71

gatorcpa

TimC2706

Dan S

gatorcpa

gbesq

Dan S

MtV

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