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Omega Watch - Old - Please Help with Model and Potential Value

  1. Spyros246 Mar 25, 2020

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    Hello everyone,
    I have inherited an Omega watch and on the inside has the following information:

    17 Jewels
    Ω 265
    12241631

    Also, on the back of the casing
    2612-1

    Can you please assist me to find out some details regarding this watch?
    ie year of release, value, etc

    Thank you very much.
    Spyros
     
    IMG_20200103_133238.jpg IMG_20200103_133248.jpg IMG_20200103_133258.jpg IMG_20200103_133314.jpg IMG_20200325_190612.jpg IMG_20200325_190628.jpg IMG_20200325_190632.jpg IMG_20200325_190644.jpg
  2. gbesq Mar 25, 2020

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  3. High Hope Mar 25, 2020

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    The face is spellbinding. That band looks like it was made for the watch, but it would look great with a British Tan leather strap too.
     
    MedicMike likes this.
  4. igatomic Mar 25, 2020

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    It is missing at least 1 large gear as well as the crown. In not-working condition, the dial may be of more value than the rest of the watch...
     
  5. cristos71 Mar 25, 2020

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    Don't get your hopes up....it ain't worth much in that condition.

    Missing parts of the movement. Missing crown. Redial. Mis-matched hands. Quite heavy case corrosion. I'd say unfortunately only worth €75-125 for the useful parts it has left
     
    OMEGuy and DaveK like this.
  6. gatorcpa ΩF InvestiGator Staff Member Mar 25, 2020

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    Dig that Spirograph guilloche!

    [​IMG]

    Too bad that the watch is redialed and in very poor condition.
    gatorcpa
     
    simomega, BlackTalon, Vitezi and 3 others like this.
  7. OMEGuy Mar 25, 2020

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    You have to ask yourself how much emotional value lies in this heritage.
     
  8. JimInOz Melbourne Australia Mar 25, 2020

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    Your watch dates from the first half of the 1950s.

    Unfortunately the dial has been re-painted therefore reducing its collector value to zero.

    The movement has been stripped of the mainspring barrel and ratchet wheel, the top and probably the bottom) balance jewels, the crown and stem and who know what else is missing.

    It will be a money pit to restore and is worth very little as a spare parts donor.
     
    Dan S likes this.
  9. redpcar Mar 25, 2020

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    I think it spent its life as a spare parts donor. :coffee:
     
    JimInOz likes this.
  10. KingCrouchy Mar 26, 2020

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    I hope you keep and bring it back to life, the value is mostly emotional.
     
  11. Spyros246 Mar 26, 2020

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    Hi, many thanks for your reply.
    "dial has been re-painted therefore reducing its collector value to zero"
    How do you distinguish that is dial has been repainted?

    You have any idea how much approx would be the cost to bring it back to life??? And if after that will have some value apart from the emotional one obvious

    Thanks again for your time.
     
  12. rcs914 Mar 26, 2020

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    When redialing a watch like this, how do they do it? Do they paint over the entire face, then reapply the markers and ball print the Omega and the cross for the seconds dial? Since there is no indication of double printing, but the "Omega" is badly off-center. I'm just trying to figure out how the original printing is removed first.
     
  13. gatorcpa ΩF InvestiGator Staff Member Mar 26, 2020

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    As I understand it, a proper redialler will take off all the gold markers, then use chemicals to dissolve all paint on the surface.

    Then the dial is repainted. With a guilloche engraved dial like this, the design will lose some sharpness.

    The last step would be to reprint the logos and registers. This is where most redial jobs run off the rails. You have to have the proper dies and ink to do the job correctly. Very few shops have all the dies for any one manufacturer, let alone all of them.
    gatorcpa
     
  14. Canuck Mar 26, 2020

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    What would it be worth after a/ you refinish the dial, b/replace the missing balance hole jewel in its setting, and cap jewel, c/ replace the mainspring barrel, mainspring, barrel arbor, ratchet wheel screw, and ratchet wheel, d/ recondition the watch, e/ replace the crystal, f/ clean up corrosion on the case? Value would be less than it would cost you to do all that. If there is sentimental value in it, you might choose to restore it. But forget trying to flip it for a profit. Nobody here would be able to assess sentimental value, if any.
     
  15. rcs914 Mar 26, 2020

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    So the value is basically whatever you can manage to finagle out of someone on ebay. Probably betwee $200-500 as there always seem to be people willing to throw good money after bad there.
     
  16. redpcar Mar 26, 2020

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    The balance has a lot of the value here. Yours is toast.