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Will EOA add value for a sale?

  1. Shankified

    Shankified Mar 23, 2019

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    Hi guys,

    I’m thinking about selling one of my vintage Seamasters. Does supplying an EOA add value to the sale? I believe the cost of an EOA is 100 GBP.

    So the question is, by providing an EOA, will I be able to sell the watch for at least £100 more?

    Thanks
     
  2. Chewbakkka

    Chewbakkka Mar 23, 2019

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    What is EOA?
     
  3. shishy

    shishy Mar 23, 2019

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    my instinct was "early onset alzheimer's" but I presume it means "Extract of Archives"
     
  4. WYO_Watch

    WYO_Watch Mar 23, 2019

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    Extract of Archives (I believe)

    I think any verification/history you have on the piece is valuable. It should increase the value at least by $125 or the cost of the archive. It may not increase it more, but your watch may sell faster than had you not had the extract. Lots of people like knowing something about their watch.
     
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  5. Foo2rama

    Foo2rama Keeps his worms in a ball instead of a can. Mar 23, 2019

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    Depends on the watch. Issued pieces,yes a huge price difference. Speedmasters with questions, yes. Some models and most speedmasters zero.

    Rare or faked yes, normal no.
     
  6. 77deluxe

    77deluxe Mar 23, 2019

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    I agree with Foo2rama, but all things constant it does add some some value as it just a interesting thing to have with a watch.
     
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  7. Dan S

    Dan S Mar 23, 2019

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    We would need to know more about the watch, maybe post some photos. If it's a common Seamaster, with sub $1000 value, I doubt an extract would pay for itself.
     
  8. JanV

    JanV Mar 23, 2019

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    In my opinion all diver models, especially the more expensive ones, an EOA can help you with the sale and raise value over the cost of one.

    For example Seamaster 300’s from 60’s and 70’s, Seamaster Ploprof’s, Seamaster 200M, Seamaster 120M BB’s, etc. that all are known to have their movements swapped on over 30% during service if they got water damage.
     
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  9. Shankified

    Shankified Mar 24, 2019

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    Thank you all.

    @Dan S, here are the photos of the watch.
     
    399D04A6-9197-442A-95FF-CE7A5C6A3FE2.jpeg 4A119935-F7AB-47E0-B912-143702690260.jpeg 12CFA2AF-CDF0-4CFD-AC81-2B6F2037EB0F.jpeg
  10. Mathlar

    Mathlar Mar 24, 2019

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    This is ultimately an entry level Seamaster dress watch. You won’t recoup the cost of the extract on the selling price.
     
  11. Shankified

    Shankified Mar 24, 2019

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  12. Dan S

    Dan S Mar 24, 2019

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    Agreed. An extract will not add much value to this watch.
     
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  13. asrnj77

    asrnj77 Mar 24, 2019

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    I think it depends. It’s like when the home improvement shows say to change your windows or even stage furniture to get more money from your house. It’s hard to tell if it actually makes sense. Did $10,000 in new windows lead to $25,000 more in the sale price of the home? Or would the buyer have bought the home with the old windows for $5,000 less?

    Long answer but it’s probably not worth it unless yours comes back with an exotic delivery location like Syria, Paraguay, North Korea, Iceland, etc (some more exotic than others :) In that case I think it could garner an extra $300 or more to the watch price which would net you $180’ish
     
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  14. Shankified

    Shankified Mar 24, 2019

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    Since the majority is a “no,” I won’t order the EOA. Thank you all for your input :)
     
  15. padders

    padders Mar 24, 2019

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    It rather depends on the watch. For a run of the mill non SM300 Seamaster such as a 2577 or the OP watch then no, I don't think an extract will add £100 to the value as values rather have a ceiling and while an extract is nice to have, it doesn't really offer anything all that special. An exception would be on a watch with military or similar connections, here it would add value. On a higher value piece like an SM300 then yes it would likely be worth it.

    In summary: it depends but mostly on a Seamaster, No.
     
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  16. jimmyd13

    jimmyd13 Mar 24, 2019

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    I don't know how many Omegas I've owned over the years. I do know I've tried to get an EoA for just two of them. Unfortunately, in each case the records were missing or incomplete and I was unable to get one.

    The two watches I applied for an EoA for are both rare watches. They're both "old", one from 1961 and the other 1938. The reason I felt an EoA would be of benefit for these watches is that they had both been altered over their lifetimes. They had not been changed in any way to alter their provenance or to be something they were not, they had simply been serviced and later parts used. The EoA would have put any doubts to rest about them.

    And that's the point of my story: what does your watch benefit from getting an EoA? Are their doubts as to its originality? Are their questions as to which dial, for instance, was originally installed? If the watch is austensibly correct and there are no doubts as to authenticity then you're not going to gain anything from an EoA. Neither will you add any value to the watch. If you want an EoA for your own collection's completeness or for some other reason, then apply for one but I don't think you will find any financial benefit from obtaining one.