Community Stories

Vintage Omega Pocket Watch - Value Estimate with Corrosion and Damaged Hinge

M
Posts
4
Likes
0
Good afternoon. I greet everyone on the forum. I am new here. I have attached photos of my watch, which I received from my father. Could you estimate the value of my watch in its current condition? It has visible signs of corrosion and a damaged hinge on the cover from the mechanism side.


Thank you very much in advance for any advice.

IMG_6991.webp IMG_6990.webp IMG_6989.webp IMG_6988.webp IMG_6987.webp IMG_6986.webp IMG_6985.webp IMG_6984.webp
 
Dan S
Posts
24,233
Likes
53,968
No real value as a watch, but the case appears to be 14k gold.
 
JimInOz
Posts
17,936
Likes
37,504
M Maciek
value of my watch in its current condition?
In current condition the value is whatever the case is worth in gold value as noted above.
Restoration will cost a considerable amount above the value of the watch even when complete.
 
padders
Posts
10,438
Likes
16,317
It may seem like sacrilege to suggest an Omega has only scrap value on an Omega collectors forum, but as you can see from the previous replies that’s about the value here due to the reasons stated. As a wild guess there is probably around 30g of 14k there, putting the value somewhere in the £1400/$1,900 ballpark. Maybe more maybe less.
Edited:
 
M
Posts
4
Likes
0
padders padders
It may seem like sacrilege to suggest an Omega has only scrap value on an Omega collectors forum, but as you can see from the previous replies that’s about the value here due to the reasons stated. As a wild guess there is probably around 30g of 14k there, putting the value somewhere in the £1400/$1,900 ballpark. Maybe more maybe less.
Good evening. Your hint has been very helpful lately. Could you help me with this watch and tell me what the weight of gold will be in this watch? The whole watch weighs 89 g. Best regards Maciek

IMG_7306.webp IMG_7307.webp IMG_7308.webp IMG_7309.webp IMG_7310.webp IMG_7311.webp IMG_7312.webp IMG_7313.webp
 
SOG53
Posts
3,014
Likes
6,425
The Longines with Grand Prix Paris engraving is very nice and collectible.
The Omega is heirloom from your father. Hope you’re not scrapping these!!
 
M
Posts
4
Likes
0
SOG53 SOG53
The Longines with Grand Prix Paris engraving is very nice and collectible.
The Omega is heirloom from your father. Hope you’re not scrapping these!!
I check different values.
 
padders
Posts
10,438
Likes
16,317
The Longines is in a lot better shape than the Omega so may well have more value as a watch than melt, lets hope so, but since you asked, I suspect there to be circa 33g of 14k there as it looks to be heavier built than the Omega, meaning it has a gold value of roughly £1600/$2100 give or take a hundred or two. Of course this is dependant on how near to spot you can persuade a buyer to pay. I've worked on 85% which the man in the street can access round my way fairly easily. You might do better, you might do worse.

That aside, I would try to keep that one as a watch in your situation though, it is very nice.
Edited:
 
Dan S
Posts
24,233
Likes
53,968
I'm hoping that the Longines stays intact as a watch. The dial has some staining, but it still has charm, and the movement is lovely.
 
UncleBuck
Posts
3,594
Likes
8,208
Dan S Dan S
I'm hoping that the Longines stays intact as a watch. The dial has some staining, but it still has charm, and the movement is lovely.

My brain says historical, horological value can change while intrinsic value is pegged to the market price of the day.

I look at it as having a Krugerrand in hand for sure ( intrinsic) but with a possible bonus value in the horological market.
If you need the cash now, it's a no-brainer. Try to sell as a watch but do what you must.

If you are looking for the most value, I feel you increase your potential return keeping it as a watch, always having the gold value as an investment floor but with the added bonus of a possible collector premium!

My heart, however, says the artistic and historical value absolutely requires keeping the watch as created.......the border guards will always accept a hallmarked piece of gold if you need to escape and as a bonus you will know what time it is!

.
 
Dan S
Posts
24,233
Likes
53,968
UncleBuck UncleBuck
My brain says historical, horological value can change while intrinsic value is pegged to the market price of the day.

I look at it as having a Krugerrand in hand for sure ( intrinsic) but with a possible bonus value in the horological market.
If you need the cash now, it's a no-brainer. Try to sell as a watch but do what you must.

If you are looking for the most value, I feel you increase your potential return keeping it as a watch, always having the gold value as an investment floor but with the added bonus of a possible collector premium!

My heart, however, says the artistic and historical value absolutely requires keeping the watch as created.......the border guards will always accept a hallmarked piece of gold if you need to escape and as a bonus you will know what time it is!

.
I had the opportunity to buy an interesting gold PW recently, as part of a lot. I liked it, but the fair price for it would be over $1k because of the gold, and since I don't really collect PWs, I really didn't want to pay what it was worth. I'd never melt down a beautiful watch, so for me, the high price of gold just makes it harder to buy. I just don't think I'll be buying any gold watches while the price of gold is so high.
IMG_5635.webp
 
UncleBuck
Posts
3,594
Likes
8,208
Dan S Dan S
I just don't think I'll be buying any gold watches while the price of gold is so high
The downside are the chaps who are buying gold watches with the prices so high.

@Syrte would love the Art Deco vibes of that piece!
 
Sign up or log in to reply...

Similar threads

M

Help Identifying and Valuing Vintage Omega Pocket Watch Movement, Dial, and Plexi Crystal

Maciek Open Discussion
ghce
ghce
Posts
2
Views
301
D

Please help me with a vintage Omega pocket watch!

delia87 Vintage Omega Watches Help, Discussion and Advice
D
delia87
Posts
15
Views
2K