Opinions on this vintage Omega?

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I'm new to the brand, and in reality on the hunt for a 376.0806, the Mark V, but during my searches i keep deviating and stumbling upon these 'cheap' old watches that always catch my eye. At this point, i've accepted it as inevitable—fated—that i will eventually make a silly decision and impulsively buy one of them. So, how does this fare on the junk-o-meter? Does it look original, how botched is the polishing, would it be best passed up on for a more pristine model at a higher price? It's listed at <450 usd, potentially with room to negotiate closer to 400. I'll add that i find the patina charming and, with watches this dated (1959), i actually enjoy some of the wear and even damage so long as it generally looks good and functions properly—i'm mostly worried about the movement and any drastic replacements, etc.

 
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Moisture ingress at some point plus rotor wear......be prepared when you service it.
 
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Factor in another $300-$500 for a service and repair, depending on where you send it.
 
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Quite a nice example here, looks nice and legit. Has nice indices. Transitional model since it has the huge logo on the back. Shame about the crown. It's original but will need to be replaced. Movement needs servicing. Patina is very similar to the one i own.
 
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I love the 2849 model. Personally I think that dial and hands on that one are a bit too far gone to be attractive, particularly the hands but I can see why many would appreciate it. The purchase price isn't terrible, for $750 all in you'll have a nice fully working piece. These are gold capped so the top finish is pretty resilliant vs gold plate but if there is any major damage to the gold layer be wary. The bezel is IIR solid gold so make sure that is firmly attached, you don't want to lose it. This one is not super cheap but reasonable certainly with scope in the price to make it nicer.
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Thank you very much for the replies! I will force myself to briefly ponder upon it, but it doesn't seem like a horrible purchase and that is most encouraging.
 
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I really like the look of it, and I agree with you - it has a nice patina!
 
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Replacement crowns are now gold plated. Original gold capped are very difficult to find

If you buy. Don’t be fooled by people on EBay selling NOS (new old stock) crowns. They’re just older gold plated crowns.

I think Omega stopped making capped after the 60’s
 
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DON DON
Replacement crowns are now gold plated. Original gold capped are very difficult to find

If you buy. Don’t be fooled by people on EBay selling NOS (new old stock) crowns. They’re just older gold plated crowns.

I think Omega stopped making capped after the 60’s
Any suggestions where to look, or is eBay still my best bet?
 
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Any suggestions where to look, or is eBay still my best bet?
You can find new ones, but unused original. Only if someone lists one for sale, but need to be able to tell the difference between plated and capped.

Over the years (ago). I bought over 400 vintage crowns and only found two. Sold them

If you buy the watch. Will have to settle for plated u til you can find an original. You might not even care if plated
 
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You asked about the movement- cal 503 is correct for this reference should be around 15xxx.xxx or 16xxx.xxx range SN.
Mine says hi
Edited:
 
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You asked about the movement- cal 503 is correct for this reference should be around 15xxx.xxx or 16xxx.xxx range SN.
Mine says hi
Lovely watch!

As for the SN, it's in the 17s. Is that worrisome or is it just a particularly late model?