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

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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
 
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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.
 
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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...
 
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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
 
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Dig that Spirograph guilloche!

A1CpIDjWD4L._AC_SL1500_.jpg

Too bad that the watch is redialed and in very poor condition.
gatorcpa
 
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You have to ask yourself how much emotional value lies in this heritage.
 
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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.
 
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I hope you keep and bring it back to life, the value is mostly emotional.
 
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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.


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