Thanks Francois - I suspect someone tried to tighten the hand with a triangular stake rather than the correct tool (or lathe collet). The triangular stake raises three "burrs" around a hole and is intended for tightening roller tables but, we don't like doing things like that! Only really for
emergencies...
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Correct tightening tool (unless you want to tighten in your lathe collet which is also fine) is this and it comes with about 16 collets of different sizes. I use it a lot as I do a lot of vintage watches.
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It's very chewed up - you should be able to see a pinion in the middle of the dial, like this and this is where the second hand is mounted:
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What you're looking at there is the left hand end of the upper part in this picture.
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I see a readily available yellow gold plated Omega hand (listed for a 14763 as far as I can see) at 12.75 mm and will have a look to see if I have anything shorter but that's short for a 562 (550 series watch). A new hand is about 20 quid. I am afraid that your watch looks like it has been re-dialled and that may be why the second hand is shorter, because the tick marks are on too small a radius. I could be wrong about the re-dial aspect and it make no difference whatsoever if you like the watch as is.
I'm in Somerset, where are you?
Cheers, Chris
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