Omega Constellation - looking for dating and valuation information.

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I’m just trying to learn more about the watch and gauge the age and value of the piece. And to assess weather it’s worth restoring it if it will add value/ collectibility.
A basic service isn’t going to add or subtract any value to your watch. It is periodic maintenance, just like changing the oil on your car. Put it off too long and there is a big risk of losing value, as some of the parts will grind themselves to bits without proper lubrication.

As I said above the future value of this watch is very dependent on the price of gold. The wholesale value of a steel cased pie-pan Ref. 168.004 is probably in the £1,200 to £1,500 range. The dial probably has maybe £200 in gold. Have a watchmaker remove the movement, weigh the rest and figure the melt value. Add it all up and you’ll be pretty close.

Remember that a wholesale customer needs to make a living, so you have to leave something on the table for them.

Hope this helps,
gatorcpa’s
 
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I’m just trying to learn more about the watch and gauge the age and value of the piece. And to assess weather it’s worth restoring it if it will add value/ collectibility.

I feel like we are dancing around the question here. On the one hand you say that you are fortunate that it fits your wrist, but on the other hand you keep asking about value. Your "next steps" depend on what you would like to do with the watch. So let me just come right out and say a couple of things.

- If you are planning to sell it, don't invest in any service or restoration, just sell it. Keep in mind that it's possible the buyer might melt down the bracelet and case. That would be their right.

- If it has real sentimental value to you and you plan to keep it for the long haul, then you have two options. Leave it as it is, take it out now and then and enjoy looking at it. Or have it serviced so you can actually use it on a regular basis. Neither is a wrong decision. It really just depends on whether you feel you would enjoy actually wearing the watch. Personally, I probably wouldn't wear it much.
 
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If the box is the original with the the watch, It would date the whole thing as late 1950's to mid 1960's.
I have the same box with one of my constellations.
 
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If the box is the original with the the watch, It would date the whole thing as late 1950's to mid 1960's.
I have the same box with one of my constellations.

more like early-ish 60s to late-ish 60s
 
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Thanks very much for the input also. I will check these places out in London when travel is resumed. I’m currently in the North East.

members often send their watches to watchmakers (even internationally)
You can add Mitka and Christian - also both members - to your list of trusted watchmakers.


Good advice above - if you intend to sell then do nothing but if you do intend to keep and wear the watch, then plan on having it serviced.

Regarding appreciation/ depreciation, gold constellations have not appreciated as much as steel versions in recent years because they were ‘all the money’ already, due to their intrinsic value.
However, as precious metal collectors’ pieces they are likely to continue to appreciate slowly.
The way to affect value (negatively) would be to detract from originality, (eg polishing the case) hence finding a sympathetic watchmaker who understands the value in the originality of a vintage watch.