To ask what something is “worth”, assumes there is such a thing as a “market value” for a particular item. A liter or gallon of gas has a “market value”, because a lot of gas is sold in a particular market. The value for your Regina could be either your assessment of value as the owner, or the assessment of the value ascribed by someone who might buy it. But let me say that a 7 jewel, standard grade Regina watch in a silver case offered for sale would not likely attract a lot of attention. Regina watches were the little sister to Omega, and not highly sought after. Rare? I know of no reference that would list how many were made. But easily tens of thousands, to hundreds of thousands. So not rare. In short, since you are the most recent purchaser of a watch like this, it is worth what you paid in your market. Put it on eBay with no reserve, and you’ll find out what the market says it is worth!
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