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Please don't sell that old gold watch ...

Dan S
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... unless you want someone to melt it down. On the other hand, if you have some unfashionable gold jewelry, mismatched earrings, wedding rings from previous marriages ... this could be a good time to sell. Holy moly.

Screenshot 2024-03-10 at 8.54.11 AM.png
 
Dsloan
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Can I also just count my steel cases watches as an inflation hedge?
 
Larry S
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Uh oh … now the thugs won’t care about Rolex anymore.
 
Syrte
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For those of us who like gold watches it’s not that great… as it might make them more expensive.
 
gbesq
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I've been wanting to add just one solid gold cased watch to my collection. Timing is everything and I ain't got it. 🙁
 
Fish70
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Only 15 years after the goldbugs claimed it would break 2K! I bought a couple of Gold Eagles for $600ish back in the early 2000s and sold for $1600ish in 2011. I don't feel bad about not holding. $1 in 2009 is worth $1.40 in 2024.
 
Larry S
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I own a bunch of gold pieces (JLC, UG, Longines) … no plans to sell them, but I wonder how much the price of gold really impacts collector grade watches.
 
Tony C.
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Larry S Larry S
I wonder how much the price of gold really impacts collector grade watches.

Here's an interesting, related data point. I posted the watch linked below for sale when gold was trading at ~$1770/oz. That means that today, the value of the gold in that substantial case has risen 23% in value.

And I haven't adjusted the price...yet! 😁

To be fair, I haven't bumped the ad for two and a half years, either...

https://omegaforums.net/threads/outstanding-vintage-18k-pink-gold-cyma-bumper-auto.137463/
 
Larry S
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Good grief! Looks like it just came out of the AD display case. I think it needs an @Tony C. bump!
 
Tony C.
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Larry S Larry S
Good grief! Looks like it just came out of the AD display case. I think it needs an @Tony C. bump!

Thanks Larry. It really is a beauty, with an extraordinary case back, but I am (obviously) in no hurry to sell it.
 
Dsloan
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I have an inbound speedy with a white gold bezel. I was poking around and it looks like a replacement bezel was quoted at $1750 a couple years ago. 😲

...I guess it's nice to know that it has some scrap value for when I slam it into a doorjamb.
 
paddymoran
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It’s kind of sad really. From my own perspective, I’ve quite a few (21) solid gold three hand watches that either need work and/ or don’t align with current tastes (incl 14 Omega). They were all most likely special buys at one time. Considering discussing their scrap value with my local jeweller.
 
S.H.
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Speaking of gold, I was thinking of bringing this one back to life... Uncommon gold pushers and screwed back. It mostly needs a clean venus 188 dial and a hundred euros worth of work on the lugs.

Resize_20240319_142303_3965.jpg


Doesn't look like much right now, but it may end up quite nice I think. It would be a shame to destroy a case like this one.
 
wagudc
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Tony C. Tony C.
Here's an interesting, related data point. I posted the watch linked below for sale when gold was trading at ~$1770/oz. That means that today, the value of the gold in that substantial case has risen 23% in value.

And I haven't adjusted the price...yet! 😁

To be fair, I haven't bumped the ad for two and a half years, either...

https://omegaforums.net/threads/outstanding-vintage-18k-pink-gold-cyma-bumper-auto.137463/

That has to be the record for the most love expressed for a watch that did not sell.
 
Tony C.
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wagudc wagudc
That has to be the record for the most love expressed for a watch that did not sell.

Luckily it doesn't bother me at all!
 
wagudc
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Tony C. Tony C.
Luckily it doesn't bother me at all!

I am sure you don't mind holding it in your collection. It will take a special buyer to become the caretaker for that watch.
 
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