My son was going through his great grandpas belongings and came across this 1967-1969 (not sure which year) Omega Speedmaster. Took it to the Omega store in the Mall and they opened it for us. We want to sell it.
What I need to know is, should I pay to have it repaired or sell it as is? what do you think?

 

Nice heirloom! Get it fixed by an independent watchmaker, keep any parts that are replaced and keep it, it can never be replaced!

McK

 

From a purely economic position, if you are not intending to keep it, sell it as it is. The caseback is stamped -69 which indicates a production date of 1969 or 1970.

 

If you want to sell sell as a is, a collector will be happier controlling that any parts replaced are the right parts, replaced the right way. You will have to account for the cost on the buyers part but it’s still a valuable watch as is

 

It would probably be easiest to sell it as is to a collector who can decide how they want to repair it.

 

Great watch! You should seriously consider keeping it. I whish my grandfather left me a Speedmaster or any decent watch. I would never sell it.
Whatever you decide to do, here you can find more detailed information on the watch and up to date price charts.

http://speedmaster101.com/price-chart-2/

and

https://www.ilovemyspeedmaster.com/productiondateprediction/

 

Ibid to all other comments. Might we ask why you want to sell it? If for economic reasons it’s totally understandable but apart from that you have a cool example of history. I mean a 69 with clear lineage to family. Doesn’t get much better than that. You can adopt me and keep it in the family. I’m house broken.

 

@hollyk8
I won't question your motivation to sell this watch (that's your decision alone to make), but as others have said, the best thing you can do is leave it and sell it as-is. Going this route will benefit both you (economically) and the buyer-to-be (as they will most likely have their own preferred watch maker/service technician).
By the way, do you have the original bezel/insert as well?

 

Thank you, I didn't notice that about the "69".

 

If you're selling it, the additional money you'd get for a freshly serviced watch would not pay for itself. If you do have it serviced, save the receipt and show a picture of it during the sale.

Consider that these watches are appreciating pretty rapidly. It might be a good move to hold on to it and sell as the price starts to top out, unless you really need the money sooner.

I get sentimental about these things and couldn't imagine selling a watch I inherited, especially a late 1960s Speedy. But each person must make their own decision about what to keep and what to sell.

 

Killer dial and hands.

If you want to sell, don’t touch it and sell as is.

 

Selling it would simply be for a financial gain for my kids. It actually sat in a box in our home for the last 12 years. My husband and I had no idea what it was. But my 11 year old was interested and decided to look it up. He is the one that got us going on this. I figure that the money in a fund for my boys would be better than the watch sitting in a box for another 12 years.
Any advice on how I would find a collector that was interested?
Thank you all in advance for your help
Holly

 

I’m sure your getting offers already. But eBay with good pictures will work.


FYI I would not accept less then 3k USD.

I think it could realize more then that. Maybe 4,500?

 

I'd store it and give it to the 11-year-old when he graduates from college. Finders, keepers.

 

Wow. All I can say, is this: kid will grow up and in 10 years or so, he might become a watch enthusiast. Make sure you will never tell him about this watch, otherwise he will be really, really upset.
Just my $0.02.

 

Nice heirloom, you can ask your son to try to look for the bezel as if could add alot more value to the watch

 

Son is 11yo, don't think he need to try yet...)

 

Right now, without a bezel, 3 g is about the center of gravity for this watch. You may get more, but not much more. It just doesn’t happen to be one of the rare and more sought off models. I think for that value keeping it for a few years will more likely appreciate than the 3g will give you on a savings account. So if it’s an economic motivation put it on a safe and check year to year on values for that year/ model.

 

If you don't need the money, I'd store it for another 10 years. With the way Speedmaster prices have increased last 3 years, you would be better off holding onto the watch.

If you want to sell now, best to list no reserve auction on eBay.

Good luck

 

I thought that at first... but the dial and hands look great. The case is hard to tell but with good pictures it might be more then 3k. A DNN bezel is not that expensive yet. The crystal is trivial to replace and it might be better then good rating which raises it a bit even factoring in sourcing a DNN. Hence why I edited to possibly a higher price.