Vintage 18k Diamond Bezel Ladies watch

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Hi everyone I’m new here and really excited to have found this group. I was given this watch 20 years ago and recently decided I would get it serviced.. The winder had oxidised and the watch didn’t appear to be working but the jeweller l took it to advised it was in full working order - just needed regular winding. He also advised it was 18k gold and a lovely piece - he couldnt tell me much more about it and suggested also that I should get expert advice as to its value and further information.
Does anyone know the age, model etc - it was gifted me years 22 years ago by an ex fiancee - whose mother was German. She passed away in her 60s and I don’t know if it belonged to her or her mother. She would be 100 plus now. The box shows the name of a German jeweller and town but maybe this was not its box and one she just stored it in? I would be grateful for any information and if I should be insuring it. The gold bracelet is stunning.
 
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That is a lovely watch. The bracelet and dial looks very attractive. And congrats on the decent photographs. If you search the forum they are numerous similar threads.
The watch appears authentic omega. The date of origin can be determined approximately by opening the case back and finding the reference number. But it is certainly not 100 years old and even if it were, it doesn’t increase the value as one imagines.
This watch would be worth approximately the gold value. That is the weight of the case and bracelet after taking out the movements and the diamonds.
The diamonds are not worth anything significant on their own.
The box mostly isn’t omega. The boxes were randomly selected by the seller/jeweller at the point of sale. But would have been an omega case. So these watches don’t have a “correct case”. Period specific cases can be found after knowing the date of production. But won’t add much additional value.
It’s not a collectors watch. And will be difficult to find a buyer. The actual price will be what they are willing to pay.( slightly above gold scrap value)
If it’s not serviced for 20 years with you, then it’s time for a service no matter what the jeweller said. How ever I guess you can flog it till it shows problems. Service cost should be in the USD 200-300 range plus parts.
Best would be for you to wear it and pass it on in the family.
 
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To be fair the suggestion wasn’t that the watch was 100 years old, only the original owner. At a guess id say that is 1960s to 1970s.
 
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That's a nice watch, I particularly like the way that the pattern from the bracelet is carried entirely through the dial. There isn't a huge collector market for vintage ladies cocktail watches, but this is nicer than most, IMO, and obviously it has a fair amount of 18k gold in the bracelet. As you probably know, gold prices are at record highs at the moment.

Everyone has different feelings about insurance, but if you really feel the need to insure it, you could just weigh it and insure it for the 18k gold value of the entire weight. It's mostly gold and diamonds, so I don't think that would be a crazy estimate.
Edited:
 
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It is a gorgeous ladies watch, but I agree with Dan that it is worth a little over gold value to most watch collectors. If you want to keep it, get it serviced (not by Omega as that will cost a bomb) and bring it out to wear on special occasions.

However if you decide to sell it I suggest aiming at the secondary fashion market.

This means choosing a top end auction house that specialises in high quality fashion items like big name handbags (Hermes etc) and high end jewellery from major houses like Cartier. For instance there is one auction house in Sydney that sells this kind of item - I have seen them sell used Hermes bags for over $40,000. The people that buy there are not watch collectors, but have the money to splash out on something as nice as your watch. (My wife would love it!)

I hope you keep it.
 
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That is a lovely watch. The bracelet and dial looks very attractive. And congrats on the decent photographs. If you search the forum they are numerous similar threads.
The watch appears authentic omega. The date of origin can be determined approximately by opening the case back and finding the reference number. But it is certainly not 100 years old and even if it were, it doesn’t increase the value as one imagines.
This watch would be worth approximately the gold value. That is the weight of the case and bracelet after taking out the movements and the diamonds.
The diamonds are not worth anything significant on their own.
The box mostly isn’t omega. The boxes were randomly selected by the seller/jeweller at the point of sale. But would have been an omega case. So these watches don’t have a “correct case”. Period specific cases can be found after knowing the date of production. But won’t add much additional value.
It’s not a collectors watch. And will be difficult to find a buyer. The actual price will be what they are willing to pay.( slightly above gold scrap value)
If it’s not serviced for 20 years with you, then it’s time for a service no matter what the jeweller said. How ever I guess you can flog it till it shows problems. Service cost should be in the USD 200-300 range plus parts.
Best would be for you to wear it and pass it on in the family.
 
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Thank you so much for replying. It is good to know all of the above and yes I agree - I think it’s a lovely piece to pass to one of my children or grandchildren.
Thank you.