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Thoughts on this Seamaster 165.002?

E
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Looking to purchase my first vintage Seamaster and was hoping for some advice on authenticity and condition of this Seamaster 165.002.

It's priced at £1k which i'm guessing is overpriced? I might make an offer though if the watch checks out.

Year is listed as unknown, is there any way of finding this out? Also the watch comes with a mesh bracelet (which i really like) but do i need to consider the authenticity of the bracelet too?

Many thanks.
 
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Puma_135o
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Hi, I'm not an expert, but the mesh bracelet could be a 20€ piece, unless there are pictures telling us a different thing. The watch is nice, is not over-polished. Do you have more info about it? Last service (if any)? Pictures of the movement? Size?
 
cristos71
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Although the condition appears OK I'd say that it is more of a €350-€450 watch than one that is £1000. If the bracelet is a 70's Omega mesh, then add €150-€175 to my estimate.
 
LuckyLes
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Pretty sure the bracelet is a modern one as it has been manufactured for QR springbars. This wasn't an option from Omega when this watch was made. It seems overpriced to me, but the UK market is different to here downunder.
LuckyLes
 
E
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No more photos of it (but i will ask for more) and the only listed details are:

Caliber
Movement Automatic
Movement/Caliber 552
Power reserve 50 h
Number of jewels 24

Case
Case material Steel
Case diameter 34 mm
Water resistance Not water resistant
Bezel material Steel
Crystal Plexiglass
Dial Silver
Dial numerals No numerals

I will ask about the service, if it hasn't been recently serviced what price could i be looking at for a 165.002?

Agreed that £1k is overpriced but i've been looking at a lot of 165.002 over the last couple of weeks from both private and pro sellers and none come even close to £300–£400 as suggested by a few. Is that price really realistic, or the sort of bargain i could be waiting a year or more for?

ps: watch is from Germany.

Thanks.
 
Dan S
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Looks fine to me. The bracelet appears to be modern, no real value.

For valuation, make sure to focus on actual selling prices, just ignore asking prices. You can look at old forum listings or sold eBay items, preferably auctions. That will help you determine a fair market price. Of course, there is no guarantee that a seller will accept what you believe to be a fair price, and if you're in love with the watch and need it now, then you may have to pay a premium.
 
ChrisN
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E edpop
ps: watch is from Germany.

Thanks.
You'll pay an additional 20% VAT and a few import charges as well if you bring it to UK so, the price would be £1250 landed here.

To me, overpriced but I never see some of the bargains that others do... I'd say £500-700 (if bought in UK) depending on whether it has been serviced and has a warranty.

Good luck, Chris
 
Shabbaz
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Bargain days for me are over. Good times are in the past. But I do admit my hunting hours are a bit low at the moment.

Edit: I've sold these in the past easy for eur 800/850
Edited:
 
Seemeister20
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My two cents: It's a beautiful watch in quite a stunning condition. 1k is no bargain but if you look at how the market blew up the last year or two I do not think it's too overpriced. Of course the typical OF-Hunter will get the same watch in untouched condition, safe-kept for 58 years, with box, papers and original champagne it was bought with in 1962 without problems for 150€ tops- but it doesnt have to be like that 😎
 
E
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ChrisN ChrisN
You'll pay an additional 20% VAT and a few import charges as well if you bring it to UK so, the price would be £1250 landed here.

I do have extended family living in Germany, i wonder if having the watch delivered to them then either collecting it when i visit them later in the year (covid allowing) or having them send it to me might be a way round the additional charges?
 
E
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I've asked for further details regarding the strap and service history... will report back!
 
ChrisN
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E edpop
I do have extended family living in Germany, i wonder if having the watch delivered to them then either collecting it when i visit them later in the year (covid allowing) or having them send it to me might be a way round the additional charges?
I think that is known as smuggling so, I wouldn't recommend it. If the watch comes into UK, then it should be declared and will be subject to VAT. Of course, people do all sorts of things but, if I were you, I would look for a watch in UK as this one is not a bargain anyway. This is not an uncommon reference.

Good luck, Chris
 
iamvr
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Two cents from someone who hasn't been in the game for long enough to have seen the good ol' days. I still think it's overpriced. For that amount you could get a nice (dome dial, not pie pan) Constellation from the 60s. They come up in the private sales forum here every now and then.

But it's a trade-off between time vs. money. Only you can tell what you value more.
 
E
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ChrisN ChrisN
I think that is known as smuggling

Right, so that's what the ol' 'smuggling' thing's about then 😁. Okay... fair point.

ChrisN ChrisN
This is not an uncommon reference.

Can you shed any more light on the difference between this model (with the all silver markers) and other 165.002 models i've seen with black marker inlays? I particularly like the all silver markers and was wandering if there was a way to narrow my search for this particular style?
 
Passover
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Dan S Dan S
You can look at old forum listings or sold eBay items, preferably auctions. That will help you determine a fair market price.

Doing so

you will find nice examples sold between 500 and 750 [EDIT: €] in the last months
Edited:
 
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cineaste
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Shabbaz Shabbaz
I've sold these in the past easy for eur 800/850

I am guessing at C24?

If I was the OP, I would search for any 60s Seamaster in good condition, more or less they look the same! I would only pay 1K for a rare technical dial in mint condition, I vastly prefer Omegas from the 50s.
Edited:
 
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