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dsio
··Ash @ ΩFThat's fair enough, the value is likely to rise over time for a 321, and Ed Whites are quite desirable, at the moment its dependent on condition so pics would be needed but its a range north of 4k generally.
Should I Sell? (Pre Moon Speedmaster)
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John R Smith
·Guys
Politely, I only wanted some advise as to the current value! , ie do the users think 321, s are going to rise over the next few years, I did not say where the watch
was gifted from or if it had any personal memory's or attachments, the answer to both is no.
I just don't believe you, or any of this stuff. When I was 21 I had a crappy Timex and had just got my first car, a 1947 Ford Prefect which used more oil than petrol and cost me £7 10s. If someone had given me a ruddy Omega Speedmaster back then it would have been one of the biggest events of my life, and I should certainly never even have thought about selling it. If you just wanted a valuation why didn't you say so at the beginning, and post some decent pictures of the watch?
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stokey
·Many thanks for your comments,i have attached photos and would welcome your comments,history i had the watch gifted to me in 1969,since then the
watch was only lightly used,i scratched the glass early in its life and after asking the cost of service and glass replacement it was put away until i had some
spare cash!,the watch was returned to the omega dealer and cleaned glass replaced in the early 80,s.
I am lucky to own several watches,(Rolex and Tag Heuer) so was only worn on odd occasions,apart from the mainspring replacement and service in 2011
the watch has not been touched.
The strap needs a repair on one link but i have all the parts ,just never bothered as i prefer the leather strap.
Sorry that my previous posts seem to have been with disbelief! but there you go thats the internet i guess.
watch was only lightly used,i scratched the glass early in its life and after asking the cost of service and glass replacement it was put away until i had some
spare cash!,the watch was returned to the omega dealer and cleaned glass replaced in the early 80,s.
I am lucky to own several watches,(Rolex and Tag Heuer) so was only worn on odd occasions,apart from the mainspring replacement and service in 2011
the watch has not been touched.
The strap needs a repair on one link but i have all the parts ,just never bothered as i prefer the leather strap.
Sorry that my previous posts seem to have been with disbelief! but there you go thats the internet i guess.
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dsio
··Ash @ ΩFThat's a very nice example
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Northernman
··Lemaniac🥰 That is one collectable Speedy!
It will bring a very healthy price today, but should also rise in value more than almost nothing else I can think of.
As said before; If you need a new heart or kidney, sell it. If not I would hold on to it.
It will bring a very healthy price today, but should also rise in value more than almost nothing else I can think of.
As said before; If you need a new heart or kidney, sell it. If not I would hold on to it.
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Darlinboy
··Pratts! Will I B******S!!!In my opinion, the value of your 321's will definitely go UP or DOWN. All depends on the market and how well you take care of it.
You have a very nice watch, enjoy it for what it is & good luck either way! 👍
You have a very nice watch, enjoy it for what it is & good luck either way! 👍
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steve66
·This watch is a classic. It is very sought after and will go up in value.
I have the 1971 Speedmaster c861 and wear it as my everyday watch, personally I would never sell it unless it were an emergency to benefit my children.
If you need the cash sell it...but you will regret it later on once the money is spent and you are minus an awesome watch!
I have the 1971 Speedmaster c861 and wear it as my everyday watch, personally I would never sell it unless it were an emergency to benefit my children.
If you need the cash sell it...but you will regret it later on once the money is spent and you are minus an awesome watch!
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Gavin
·Might be a little blatant but if you are looking to sell, I may be a potential buyer. 😉
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Northernman
··LemaniacRemember that next year is the 50th anniversary for the first NASA qualification of the Speedmaster.
That will surely create sum buzz!
That will surely create sum buzz!
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rolexfantastic
·It's not like a house sale, in terms of value - i mean i don't think it will increase or decrease substantially on the short term, but no matter the financial climate, this one does not lose value; but i'd say wear it for a while and see if it grows any Omega feelings in you before taking any decision. Don't worry if you fell off the bike with it, i can sense a strong interest on yours here. At least, i'd not hesitate to put my money on it.
/F
/F
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Joe K.
··Curious about this text thingy below his avatarTo the OP- perhaps the title of this thread should have been different. Instead of "should I sell" maybe "what is the value of my Speedmaster" or "how will my speedmaster appreciate long term". When it comes to the decision of whether to sell, no one here is qualified to answer that question, we are not spiritual or financial advisors and really have no business advising you on your personal affairs. The decision is all yours.
As far as value, as other indicated, you have a nice example and it will more than likely retain its value over time. If you look at past trends for watches as investments, you will find very rarely there is a significant spike in price that maintains long-term (unless there is another factor involved such as historical significance or special provenance), so don't expect to be able to retire on the proceeds of selling the watch.
As far as value, as other indicated, you have a nice example and it will more than likely retain its value over time. If you look at past trends for watches as investments, you will find very rarely there is a significant spike in price that maintains long-term (unless there is another factor involved such as historical significance or special provenance), so don't expect to be able to retire on the proceeds of selling the watch.
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g-boac
·I just don't believe you, or any of this stuff. When I was 21 I had a crappy Timex and had just got my first car, a 1947 Ford Prefect which used more oil than petrol and cost me £7 10s. If someone had given me a ruddy Omega Speedmaster back then it would have been one of the biggest events of my life, and I should certainly never even have thought about selling it. If you just wanted a valuation why didn't you say so at the beginning, and post some decent pictures of the watch?
ACTUALLY. . .believe it or not, an older gentleman whom I work with - a really great, down to earth guy - is the manager of one of our hardware stockrooms. He is in his late 60s or early 70s, lots of life experience accumulated along the way, including military service in Vietnam. When he came back from the war, he purchased (used) a 1969 Corvette, 427-435, with sidepipes. Those familiar with Corvettes will recognize the car. He paid $1,800 for it, used.
Besides the Corvette, he's acquired several other nice things along the way, including a Rolex Submariner, and an Omega Seamaster. When he saw my Speedmaster, he told me that the guys were able to get them in Japan for about $50 USD during their time deployed (these were legitimate, warranted, AD-purchased Speedmasters), tax and duty-free. (Retail price at the time in the US was roughly $150 USD).
I asked him if how many Speedies he picked up at that price, and here's the kicker. He said that when going to Japan, nobody was buying Omegas in the early 70s. He said everyone was paying 4-5 times that amount of money TO BUY A SEIKO QUARTZ WATCH!!!!!!!!!!!! Because when they came out, it was an unheard-of quantum leap in timekeeping magic to go from at best 10ish or so seconds per day accuracy, to measure accuracy on order of tenths of seconds per month! When they got back home, they were the first of anybody to have these quartz watches, and all their friends (at home) thought they were the coolest.
So the point to my story is this: today, would I remember a gift of a multi-thousand dollar Speedmaster?? Heck yes. All of us would Even more so of a $50,000+ classic car! But back then? A Speedy could well have been "just" a watch. . .probably like buying a Fossil or G-shock or something akin to that today! 😀
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MSNWatch
··Vintage Omega AficionadoACTUALLY. . .believe it or not, an older gentleman whom I work with - a really great, down to earth guy - is the manager of one of our hardware stockrooms. He is in his late 60s or early 70s, lots of life experience accumulated along the way, including military service in Vietnam. When he came back from the war, he purchased (used) a 1969 Corvette, 427-435, with sidepipes. Those familiar with Corvettes will recognize the car. He paid $1,800 for it, used.
Besides the Corvette, he's acquired several other nice things along the way, including a Rolex Submariner, and an Omega Seamaster. When he saw my Speedmaster, he told me that the guys were able to get them in Japan for about $50 USD during their time deployed (these were legitimate, warranted, AD-purchased Speedmasters), tax and duty-free. (Retail price at the time in the US was roughly $150 USD).
I asked him if how many Speedies he picked up at that price, and here's the kicker. He said that when going to Japan, nobody was buying Omegas in the early 70s. He said everyone was paying 4-5 times that amount of money TO BUY A SEIKO QUARTZ WATCH!!!!!!!!!!!! Because when they came out, it was an unheard-of quantum leap in timekeeping magic to go from at best 10ish or so seconds per day accuracy, to measure accuracy on order of tenths of seconds per month! When they got back home, they were the first of anybody to have these quartz watches, and all their friends (at home) thought they were the coolest.
So the point to my story is this: today, would I remember a gift of a multi-thousand dollar Speedmaster?? Heck yes. All of us would Even more so of a $50,000+ classic car! But back then? A Speedy could well have been "just" a watch. . .probably like buying a Fossil or G-shock or something akin to that today! 😀
That's precisely why they're worth good money today and why it's difficult and expensive to find mint condition 1960s speedmasters. I bet many people didn't buy shares in Berkshire Hathaway then either.
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seamonster
·That's precisely why they're worth good money today and why it's difficult and expensive to find mint condition 1960s speedmasters. I bet many people didn't buy shares in Berkshire Hathaway then either.
Respectable Member MSNWatch
Exactly, ' it's difficult and expensive to find mint condition 1960s speedmasters'.
In the 50's, 60's and 70's Omega was looked up as a watch to be worn daily, since it is so reliable and extremely durable. On top of this, it was very cheap, compared to Rolex and Patek Philippe.
After paying for the watch, generally a buyer will wear the watch, straightaway. The box would be left with the dealer and the certificate, as well as all the paperwork, thrown-away before even reaching home.
This did not happen to the Speedmasters only but also, all Omega watches including the Constellations, whether stainless-steel, gold-capped or solid gold. Getting a mint condition vintage Omega, with its original box and paperwork, is as rare as a hen's teeth. Probably, there is no market-price for such a rare combination.
Thank you.
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seamonster
·Many thanks for your comments,i have attached photos and would welcome your comments,history i had the watch gifted to me in 1969,since then the
watch was only lightly used,i scratched the glass early in its life and after asking the cost of service and glass replacement it was put away until i had some
spare cash!,the watch was returned to the omega dealer and cleaned glass replaced in the early 80,s.
I am lucky to own several watches,(Rolex and Tag Heuer) so was only worn on odd occasions,apart from the mainspring replacement and service in 2011
the watch has not been touched.
The strap needs a repair on one link but i have all the parts ,just never bothered as i prefer the leather strap.
Sorry that my previous posts seem to have been with disbelief! but there you go thats the internet i guess.
Respectable Member stokey
This is a great watch and do keep it, if there is no compelling reason to part with it.
Thank-you.
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stokey
·Hi thanks for all your comments , the story of the guy who bought the seiko was what I did when I had the quote to replace the glass and clean!,
I put the omega back in the box and forgot about it, just wish I still had the box and papers hunted high and low, but must be long gone.
I never gave a thought to the 50th anniversary being in 2015 so thanks for that, it must have a impact on its value?.
So at the moment I think I will keep it safe and use it with care.
many thanks again
John
I put the omega back in the box and forgot about it, just wish I still had the box and papers hunted high and low, but must be long gone.
I never gave a thought to the 50th anniversary being in 2015 so thanks for that, it must have a impact on its value?.
So at the moment I think I will keep it safe and use it with care.
many thanks again
John
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Mathlar
·Typically we'd only trust one of a number of tried and tested independents. We have a couple of watchmakers on the forum here (stefan, in the UK, Archer in Canada). There are others depending on where you are located. Sending a vintage Speedmaster to Omega typically results in them replacing aged looking parts with modern service equivalents, and hence destroying all collector value in rare watches. Mass market watch repair shops in shopping malls typically wouldn't have the skills - I'd only trust them with changing straps (and most of us wouldn't trust them with that and would do it ourselves!).
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epl108
·Why does the lume on all the hour markers look so messy? It appears to be globby, and not evenly applied? Is this a sign of a re-luming, or is it a sign of age of the original? Just trying to learn what different characteristics of the watch can tell us.
Thanks
Thanks
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Archer
··Omega Qualified WatchmakerThis place does not sound like they do the repairs - they appear to be just a central location to send your watch, and then they farm out the work to trade shops...
"The technicians approved by us take pride in the art of horology or the study of time."
They don't say "Our technicians" but those "approved by us" - the reality is you have no idea who is actually working on your watch with places like this.
If so, they are adding a percentage (usually a large one) on the actual, cost of the repair, so the prices will be jacked up.
There was a large operation in the US that did the same sort of thing that went belly up a while back - lots of watches not accounted for, repairers not being paid and holding watches until they were paid, customers not happy having to pay a second time for the service to get their watches back....if I recall correctly even some charges were pending...
Personally I won't do trade work from jewelry stores, etc. The shop I would send it back to pays me and then doubles my price to their customer. I have all the risk, but not all of the reward for my work, so I won't touch this situation with a barge pole...
Cheers, Al
