Hi there,
Do you think below Omega is genuinely and still brand new fm 1970? It is worth 1190€? That purple layer can be real?

 

You can buy the purple stuff.

But yes you can find watches unworn from time to time.

Seems like they found a stash of old stock as they mention they have more.

 

Found the watch on Chrono24 and the dealer is fm Finland... I normally trust the northern countries!

 

@Leopold, this watch would lose pretty much all value above that of a regular, well-kept model once you've worn it a few times. That's about €800, IF you genuinely believe that the value right now is €1190. As a regular version of these have little collector's interest, you'd have to ask yourself if there really is any added value due to the condition. A NOS 1960's Speedmaster? Hell yes. An entry level, plated Omega Genève? I don't think so.

...And just before I press "reply" I see that this is a solid gold version

Still overpriced in my view, but a lot less than I thought before. Collectable? Still debatable.

 

What was said above and don’t forget to add a service as it needs it pronto if it’s been sitting around since the 70s ( so add another few hundred $ )

 

Don't forget this is a basic, entry level Omega so collactability is low. It's the collectible, desirable watches that have a real premium for NOS.

Are you buying to wear? No point in buying new old stock then, pay half the price or less for a gently used example.

Personally I'd rather buy a more desirable reference.

 

Bear in mind it is 14k not 18k. Once worn it is worth maybe €500-750 and the premium for brand new isn't €500 so it is most certainly over priced. As above it is an entry level gold watch made by the bucket load, possibly with the hateful* 10XX movement inside. The original strap and buckle should be factored in as a plus though, the buckle may be worth €150 in its own right assuming it is also solid 14K.

*hateful may be too strong word. I don't like the 10XX series since they are very plain, in my limited experience flakey and smack of cost cutting with nasty paper clip regulator springs but I believe Archer and one or two others have stated they are well designed in parts so don't take my word for it.

 

Oh and it is not from 1970. Its from 1973 at the earliest if the OVDB is to be believed (and it is occasionally wrong or gappy):

https://www.omegawatches.com/en-gb/watch-omega-geneve-omega-st-166-0163

 

I once had this full set. When I put it up for sale there was a lot of interest. I've sold it within one week for EUR 850. A good solid watch is always desirable for most beginners. But I agree with the rest, it's not the most desirable model...

 

But yours had a better movement and was steel, so arguably more "desirable"*.

*I struggle to use this adjective, since desires are such an utterly personal and difficult to gather thing.

 

That's true...

 

Still thinking, but most likely I will pass after reading all yours nicely comments!

 

I'd say that since we're in the realm of dress watches, solid gold is as desirable as steel, likely more.

 

Dunno. Know countless of "nice but gold not for me" types, even among vintage lovers, yet to find one who'd say the same about steel.

 

True. A lot of younger people just looking for one dress watch for special occasions may be likely buyers for a solid gold Genève, while it will be more difficult to sell it to collectors. There is a much larger market for a more, ahem, conservatively priced steel watch too.

 

I had a couple of NOS watches from the 1960/1970's (and still have a Heuer 15630). So: yes they do exist ;-)

 

You could buy it and maybe service it and never wear it as well...or buy it and put it right into the safe for the future when prices for anything original from that era come up.
If the watch is for wearing it would still be ok pricewise, but $3-500 for professional service above the sale price would make it a bit expensive as a Geneve model.

 

Yes, I will occasionally wear the watch ( not wearing suits very often... casual maybe). In any case this is more like a 50’s anniversary gift for myself Do you have any recommendations?

 

I'd rather pay 1k for a very good condition dome dial constellation, or a bit less for a Seamaster DeVille, instead of 1.2k for a NOS Geneve

 

Not solid gold, but...

https://omegaforums.net/threads/ome...eter-14381-box-and-papers-now-usd-1425.98759/