Two Omega Chronographs?

Alex H · Tues. 2:54pm

Hi, I’m wondering if members would mind sharing their thoughts on these two Omega chronographs please. They are both listed with dealers on the Chrono24 site. The first is US based, selling for £4447 + shipping. The second, Swiss at £6282.

Watch 1. 1947 chronograph. Ref 2466. Cal. 321. 18ct yellow gold. Dealer quoting case is 38mm. Condition quote: good. No box. No papers. £4477. Claiming crown was replaced by Omega, but no logo? Seems odd? Also, there are no images of the movement, but quoting Cal. 321. My thoughts, there is wear and the glass looks in poor condition? Also, from my earlier 1st post here, I was very usefully informed 50% of the watch value is in the face. Thoughts on this one please? Doesn’t look too great to me?

Watch 2. 1950’s chronograph. Ref 2466. 18ct yellow gold. Case size, 38mm. Cal. 321. Condition quote: very good. No box. No papers. £6282. To my inexperienced eye, this timepiece looks in better condition than watch 1 and this is obviously reflected in the price?

Members thoughts would be much appreciated. Many thanks. Alex

Watch 1. First 6 images.

Watch 2. Second 6 images.

Dan S · Tues. 4:00pm

Off the cuff, I will just say that personally I would not be happy with the dial of the first one, it's just too far gone with water damage, chipping, and fading. I can only see that one as a project watch.

I can see that the second one still has charm.

Overall, I am honestly having a hard time swallowing the prices being asked for these watches. I understand that the price of gold is at record levels, but my gut feeling is that the first watch is crap and the second is mediocre. As a collector, I can only imagine paying half the asking price, although I know that might not be realistic given the price of gold. I am sensing that dealers are playing on the panic of buyers, who think that gold will continue to rise parabolically, and feel that if they don't get a watch now, they will never be able to afford one.

A few years ago, I offered this 39mm Eberhard chronograph in 18k rose gold for $2450, and nobody was interested. I lowered the price to $2100 and still no nibbles. How are these Omegas now worth $9k? I understand that there is a prestige difference, and no offense to owners, but I honestly don't see these gold cal 321 chronographs as incredibly special historically. I would much rather have a UG Compax or a Longines 30CH.

https://omegaforums.net/threads/reduced-again-vintage-eberhard-extra-fort-jumbo-chronograph-in-18k-gold.150972/

Thread '[Reduced AGAIN] Vintage Eberhard Extra-Fort jumbo chronograph in 18k gold' ·

If you have been looking for an attractively aged 1950s jumbo chronograph in 18k gold with an unusual complication ... your search is over. 😀

If you are not already familiar with it, this will...

FS

Dan S · Sep 30, 2022

Edit: And BTW, hey you kids ... get off my lawn!

Peemacgee · Tues. 5:06pm

Also remember that you are looking at adding 20% VAT on purchase price and delivery charges to import it into the UK.

(The large scratch on the dial of the second watch would be a pass for me)

Davidt · Tues. 5:46pm

They both look like dogs to me. The dials are poor and the case on the first isn’t much better.

I wouldn’t be wasting time in them.

bgrisso · Tues. 6:25pm

I think they both look pretty ugly

Larry S · Tues. 10:11pm

Dan S
Off the cuff, I will just say that personally I would not be happy with the dial of the first one, it's just too far gone with water damage, chipping, and fading. I can only see that one as a project watch.

I can see that the second one still has charm.

Overall, I am honestly having a hard time swallowing the prices being asked for these watches. I understand that the price of gold is at record levels, but my gut feeling is that the first watch is crap and the second is mediocre. As a collector, I can only imagine paying half the asking price, although I know that might not be realistic given the price of gold. I am sensing that dealers are playing on the panic of buyers, who think that gold will continue to rise parabolically, and feel that if they don't get a watch now, they will never be able to afford one.

A few years ago, I offered this 39mm Eberhard chronograph in 18k rose gold for $2450, and nobody was interested. I lowered the price to $2100 and still no nibbles. How are these Omegas now worth $9k? I understand that there is a prestige difference, and no offense to owners, but I honestly don't see these gold cal 321 chronographs as incredibly special historically. I would much rather have a UG Compax or a Longines 30CH.

https://omegaforums.net/threads/reduced-again-vintage-eberhard-extra-fort-jumbo-chronograph-in-18k-gold.150972/

Thread '[Reduced AGAIN] Vintage Eberhard Extra-Fort jumbo chronograph in 18k gold' ·
If you have been looking for an attractively aged 1950s jumbo chronograph in 18k gold with an unusual complication ... your search is over. 😀

If you are not already familiar with it, this will...

FS
Dan S · Sep 30, 2022

Edit: And BTW, hey you kids ... get off my lawn!

I’d rather have that Eberhard. These are uninspiring.

Dan S · Tues. 10:16pm

Larry S
I’d rather have that Eberhard. These are uninspiring.

But with $9k burning a hole in your pocket, I'm sure you would even rather have a nice UG Compax. 👍

Larry S · Tues. 10:21pm

Dan S
But with $9k burning a hole in your pocket, I'm sure you would even rather have a nice UG Compax. 👍

i cannot fathom why I don’t own a Nina or Clapton, Lack of focus I guess.

cristos71 · 2026-02-11T07:17:05-0600

Both poor examples, the second one whilst being marginally better than the first is 40% more expensive which nullifies its small advantage.

I wouldn't look twice at either to be honest, IMO they have as good as no redeeming features. I'd either go steel, or if you must have gold from the 40's/50's then perhaps up the budget and start looking at 33.3's

Here's quite a nice one to get you started....

https://www.shucktheoyster.com/portfolio/omega-pilots-vintage-chronograph-33-3-gold/

Peemacgee · 2026-02-11T10:21:53-0600

Dan S
Overall, I am honestly having a hard time swallowing the prices being asked for these watches. I understand that the price of gold is at record levels... As a collector, I can only imagine paying half the asking price, although I know that might not be realistic given the price of gold. I am sensing that dealers are playing on the panic of buyers, who think that gold will continue to rise parabolically, and feel that if they don't get a watch now, they will never be able to afford one.

Prices for gold chronographs appear to have gone mad.
Whilst looking at options for the OP I came across this advert.
I know its Somlo (for City of London folk with more money than sense) but almost £10k for a 2872 (?!!) - its a very nice watch but it's both yellow gold and a rather ordinary dial.
Crazy!

Dan S · 2026-02-11T10:55:52-0600

Peemacgee
Prices for gold chronographs appear to have gone mad.
Whilst looking at options for the OP I came across this advert.
I know its Somlo (for City of London folk with more money than sense) but almost £10k for a 2872 (?!!) - its a very nice watch but it's both yellow gold and a rather ordinary dial.
Crazy!

It's an interesting dynamic, for sure. There is a huge population of people who are gold bulls, and see the recent price increase as the beginning of a long-term trend. If someone is in that category, I can see why they would be in a hurry to buy a gold watch now.

I think it might have been @dsio in another thread, who speculated that rising prices of gold watches could lift other watch prices as well, which makes sense. Perhaps this will be the thing that moves the watch market out of the slump it has been in for several years. We have already been remarking on recent Constellation prices.

Alex H · 2026-02-12T05:30:13-0600

Thanks all for your advice. As I’m London based, I did look at Somlo’s website. Quickly realised they have bonkers prices! Out of my financial league, I’m afraid. To be honest, I’ve started casting my net wider. I have no aspirations to become a collector, but do love vintage watches. So I’ve started looking at Longines chronographs. I already own a Longines Legend (not an original 60’s timepiece I hasten to add. But the re-release Longines made a few years back). I’m also looking a steel cases, as gold value seems to have (as mentioned) pushed watches prices up enormously! Any headline advice about Longines chronographs would be most welcome. Thanks all. Alex

Peemacgee · 2026-02-12T06:43:44-0600

Have you seen this in the OF private sales section?

https://omegaforums.net/posts/2557803/

OllieOnTheRocks · Jan 16, 2026

Bump

Two Omega Chronographs?

Alex H

Dan S

Peemacgee

Davidt

bgrisso

Larry S

Dan S

Larry S

cristos71

Peemacgee

Dan S

Alex H

Peemacgee

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