No matter what, I think we would all love to have this particular problem.

 

Thanks again everyone for your help and support! I've had a great amount of people throw numbers and offers at me, and I just want to here from some people on this forum who haven't sent me a personal message.

If I do decide to sell it, what do some of you believe is the actual value of this watch? If any of you were to own this exact watch, condition and all, what would you think is a fair deal for it?

Thanks!

 

With the market on the rise and the 50th anniversary of the moon landing in a year, I think you could conservatively expect $200,000 USD at auction.

 

That's like asking the blind to read to the deaf! Not many people are qualified to answer that! It would take a thorough analysis of the watch itself, vs , the record breaking one (which IMHO is the new 'collector' condition). Hopefully whoever is trying to throw money at you is

1) not low-balling you
2) honest/honorable
3) going through the analysis process with you.

At a thumbsuck I would guess isaacg is close.

 

This might be a question for the man behind sm101 himself, @Spacefruit. Other than that, I'd add that Cuphead has done quite a number on my social life.

 

Ok. You got me. I tried to trade my toyota again.

 

I think the only way to find the value of something like this is an auction.

 

In a major, specialist auction, I would expect it to hammer at $200k or likely slightly higher, but obviously you'd have fees to pay and would not see the funds for several months whilst the auction was marketed.

I believe the record is around 275k but this example was slightly better than yours and came with original 7077 bracelet, crown etc. Yours is a stunning watch, but not quite in this league IMO. However, if the market carries on moving as it has been, yours may supersede it???

https://www.hodinkee.com/articles/omega-speedmaster-new-record-bukowskis-sweden

I would expect a private sale, especially one where the buyer is doing the leg work to make things easy for you as well as speeding up transfer of funds etc, to be considerably less than 200k.

 

Agreed -- my guess is this would hammer for 225 and change with some of the easy-to-solve issues taken care of

 

That's exactly what I was thinking too. However, while missing the correct chronograph hand and crown, I don't think it'll be breaking any records. Now if OP were to source original examples of both, have them installed (correctly), then we might be in the same ballpark as the Bukowski's 2915. Just my amateur guess.

 

“Slightly better” probably isn’t doing justice to the one that sold at auction recently. They are worlds apart in condition, and the difference between near perfect and well worn is quite great. Don’t get me wrong, any 2915-1 is valuable, but that 275k sale was probably as nice as any I’ve seen. There’s a guy in Hawaii who has some beauties, but his aren’t selling any time soon. It’s very difficult to say what this one would sell for. They rarely sell in any condition, but most have sold for less than 150 up to now. I should think this one is worth 150 to 175, but 200 or even 250 are not beyond the realm of possibility.

I read over what I posted here earlier, and I feel a little arrogant trying to predict the selling price. There simply aren’t enough samples to predict this market with any accuracy. For my own sake and the pieces I own, I definitely hope the 275k price is the shape of things to come with the 2915-1, but if we are objective, I don’t think any of us can assign a price more accurately than 100k to 225k if this sold next week. The auction house will make a difference, too. It would just be speculation until the final bid was entered.

Now there’s a website dedicated to Speedmasters. Wow. I just took a look at the site. It’s excellent, and some of the detailed photos included and information to instruct buyers must be very helpful. When I started buying, it seemed there were only a dozen or so of us who were interested. It’s great to see so many more owners and collectors excited about “moon” watches.

 

in that condition, i suggest ask a reputable omega appraiser for value assessment, of course for a fee. but our OF aficionados here have already given their realistic ballpark figures for your comfort. it could still fetch a few thousands though once restored.

 

Very interesting. I’m pretty sure, though, that this would fly beneath everyone’s radar if there was no mention to anyone official as to how, when, or where the member here came to possess this watch. And he would have had no reason to believe it was worth more than a few hundred dollars. (Except that he came here and found out, in writing, that it’s worth much more.)

 

It would still constitute part of the estate for IHT purposes. IHT is the upper rate over the IHT allowance ... so 40%! That said, OP's not a UK resident, is he?

 

No I don’t think he is.
I don’t know what the rules are in other countries for IHT.
I only know this because I had my Will drawn up properly before travelling to the ME at the end of last year and was looked into the status of watches.
I think they are defined as ‘wasting chattels’ as far as capital gains goes. (Don’t you just love how up to date the language in English law is?)
But are counted in regards to IHT - a salutary thought for anyone living in dear old Blighty.

 

So... was wondering - because of the recent phillips sale - what happened to this one?

 

probably your watch is worth more than my house by now