Please Help Identify Omega Two Tone Silver Dial Watch

Posts
21,744
Likes
49,342
Mine has on the caseback inside 1702 number. May it be the ref?

That is a unique identifier for that particular case-back, matching the 702 on the back of the lug. It means that the mid-case and case-back belong together, which is nice.
 
Posts
17,768
Likes
26,945
May I ask - is it a massproduction watch or is it in any way rare ?
Rarity does not equal value.

in this case you have a very uncommon date I say rare watch.

Value is not putting any kids through college maybe a car payment?
 
Posts
1,314
Likes
3,648
Mine has on the caseback inside 1702 number. May it be the ref?
No, it’s an individual number pairing the caseback and its corresponding case. See the _702 number on the lug.
This model was produced during a period when Omega changed its marking system. At the beginning of the production, cases and calibers beared each a serial number (one individual for each case and another individual one for the caliber).
Later, wristwatches cases beared an additionnal 2 or three number to pair the different case parts. Sometimes this ‘pairing’ number was the last digits of the case individual number, sometimes not.
Then, in the late 40’s early 50’s Omega stamped casebacks with only the model reference number, casebacks didn’t have individual or pairing numbers anymore. Caliber still had an individual serial number.

The easy rule to remember is that if a watch has a serial number (7 or 8 digit) on the caseback, any additional 2 or three number on the case and caseback is a pairing number. If it doesn’t have a serial number on its caseback,but only a 3 or 4 number one (sometimes with two additional ones : XXXX-XX, it s the reference number.

The serial on your watch is outside the caseback and the pairing inside it and on the lug.