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Seamaster 165.024, what is the fair price?

zwjk
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Dave Newell Dave Newell
hi I’ve just purchased this one from America it cost me about £4000 with import duties as you can see it came with some of the original parts that’s been replaced ( I’m not sure who did the work on it ) the strap has a date off 2 /70 any advice greatly received thanks Dave

Hi Dave,

I’m not sure what you are going to achieve asking this question after you have bought it, but here goes:

- 1039 bracelet and end links - $2000
- Bezel - $2000 if original?
- Service dial and hands - $750?
- Original dial and hands - $1000 to someone?
- Movement - $1000?
- Case and case back - $1000?

Some of these are wild guesses so take it with a grain of salt.

I guess you have done well if you are going to send it to a chop shop. I am not sure of your intentions so I am curious.
 
Davidt
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zwjk zwjk
Hi Dave,

I’m not sure what you are going to achieve asking this question after you have bought it, but here goes:

- 1039 bracelet and end links - $2000
- Bezel - $2000 if original?
- Service dial and hands - $750?
- Original dial and hands - $1000 to someone?
- Movement - $1000?
- Case and case back - $1000?

Some of these are wild guesses so take it with a grain of salt.

I guess you have done well if you are going to send it to a chop shop. I am not sure of your intentions so I am curious.

Some of those prices are quite overinflated

To the OP it appears you have a genuine Seamaster 300 that's received service parts. Requesting an 'extract of the archives' from Omega will hopefully confirm that the movement originally came in a 166.024.

The reason this is important is because service cases, bezels, crowns, hands and dials are still available for this model. What this means is that many people (individuals and dealers) take movements that original came in a DeVille or Geneve and make a 'new' Seamaster 300 out of service parts. These 'WatchCo Seamaster 300's' as they are commonly known use genuine parts but are not original and as such are not worth what an original watch is.

Once you've confirmed that at it's heart your watch is a vintage 300, you then need to decide whether to put the original dial and hands back on. Almost every Omega collector in the world would advocate reinstating all viable, original parts.
 
padders
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Quite a few parts have been changed there. As noted above, how you did rather depends on how much is original. You may have in essence a Watchco with a few unrelated spare parts thrown in, or you may have an original SM300 watch in kit form. The bezel and caseback do look like replacements though (is it 166.0324 in the back or .024?) so if you haven't got those, then I would think its nearer Watchco than original.

Even if it isn't at heart original, the price was fair, a Watchco and original bracelet add up to the £4K paid and then some these days.
Edited:
 
Davidt
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Agree with @padders an inside picture of the caseback will help along with some pictures of the sides of the case. My gut feel is that's an original rather than a service midcase.

@Dave Newell what did you think you were buying and what is your intention with it?
 
Dave Newell
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zwjk zwjk
Hi Dave,

I’m not sure what you are going to achieve asking this question after you have bought it, but here goes:

- 1039 bracelet and end links - $2000
- Bezel - $2000 if original?
- Service dial and hands - $750?
- Original dial and hands - $1000 to someone?
- Movement - $1000?
- Case and case back - $1000?

Some of these are wild guesses so take it with a grain of salt.

I guess you have done well if you are going to send it to a chop shop. I am not sure of your intentions so I am curious.
 
Dave Newell
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10
Hi thanks for the reply I’m not going to do anything with it just wear it and love it .I was just after as much information as possible on it . In the past I’ve purchased some dubious sea masters 120 but everything thing I’ve got with this it seems correct but sometimes it’s best to get a better opinion sorry for the confusion cheers Dave
 
Dave Newell
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Davidt Davidt
Some of those prices are quite overinflated

To the OP it appears you have a genuine Seamaster 300 that's received service parts. Requesting an 'extract of the archives' from Omega will hopefully confirm that the movement originally came in a 166.024.

The reason this is important is because service cases, bezels, crowns, hands and dials are still available for this model. What this means is that many people (individuals and dealers) take movements that original came in a DeVille or Geneve and make a 'new' Seamaster 300 out of service parts. These 'WatchCo Seamaster 300's' as they are commonly known use genuine parts but are not original and as such are not worth what an original watch is.

Once you've confirmed that at it's heart your watch is a vintage 300, you then need to decide whether to put the original dial and hands back on. Almost every Omega collector in the world would advocate reinstating all viable, original parts.
 
75529563-12BE-4C6C-B115-743A1F123570.png D5C83017-30E2-4237-8871-946AE95FE5F6.png
Dave Newell
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Hi it’s has a 563 movement 17 jewels for the us market and a 166.24 in the back of the case the original dial has a number 97*562 on the Back of it
 
image.jpg image.jpg
padders
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Looks like it is mostly original then with a few replaced parts. An extract will tell you if its 100% as the only remaining question really is did the movement start life in a SM300 case, sometimes they didn't but this may well have done.
 
Davidt
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Good to see the case back is correct.

So do you have any plans for it or are you leaving as-is?

If it were mine, I’d be reinstalling that vintage dial and handset and requesting an extract.

Do you know when it was last serviced?
 
Dave Newell
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Davidt Davidt
Good to see the case back is correct.

So do you have any plans for it or are you leaving as-is?

If it were mine, I’d be reinstalling that vintage dial and handset and requesting an extract.

Do you know when it was last serviced?
 
Dave Newell
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I will keep all the old parts safe and maybe reinstall them at a later date also I will get extracts from the archive later when I get better photos of the movement does it take long to receive back thanks again for your input
 
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