Vintage Seamaster 366.0858 / 166.0251 question...

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Hi all, I've been looking for one of these older Seamasters for a while and have seen more than once where the lume(?) on the hands is gone? Was wondering if anyone has any knowledge of this situation? Does the lume just deteriorate and fall off? Any info is greatly appreciated!

 
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Does the lume just deteriorate and fall off?
Pretty much, yes. It's also a reminder to have the watch serviced. Those lume flakes have to end up somewhere, and some are inevitably going to end up on the movement side of the dial.
 
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Larger lumed areas are more susceptible to flaking when damaged. And people probably just remove the lume entirely at some point because the skeletonized hands look better than hands with small remnants of lume.