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Colerocks123
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Username: Colerocks123

Post Number: 1
Registered: 03-2010

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Posted on Tuesday, March 16, 2010 - 10:52 am:   

Beautiful womens vintage 14K gold Omega diamond watch. Manual wind. 17 jewels. Circa 1930's. Approx. .25ctw in diamonds.
Received through my grandmother, I have had it appraised at $1600, but i dont think he was the near the right price.
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Zaf
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Post Number: 4483
Registered: 05-2003

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Posted on Tuesday, March 16, 2010 - 01:39 pm:   

Too high or too low an apprasisal?
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Jimh
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Post Number: 89
Registered: 06-2007

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Posted on Wednesday, March 17, 2010 - 10:32 am:   

This watch is unlikely to be from the 1930s. More likely it is from the 1960s. The serial number on the movement would tell the tale. The value of this watch is largely dependent on the amount of gold in the case and band (and whether this is all solid 14K gold). A jeweler should be able to give you an evaluation and estimate.
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Colerocks123
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Posted on Thursday, March 18, 2010 - 11:51 am:   

I did check the movement. and the serial number is from the 1940's. so any ideas?
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Zaf
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Post Number: 4488
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Posted on Thursday, March 18, 2010 - 12:06 pm:   

What kind of ideas? The price is close to what JimH said, I have a silghtly later manual wind one with more diamonds for sale at $1200.
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Gregb
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Username: Gregb

Post Number: 223
Registered: 10-2006

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Posted on Thursday, March 18, 2010 - 07:20 pm:   

You're looking at the wrong set of numbers in dating your watch, a "Sapphette" model, named for the faceted sapphire glass crystal. That model definitely isn't from the 1940s. As JimH posted, your watch dates from the 1960s or possibly the late-1950s. It is likely powered by a caliber 481 or 484 movement. I think you may be looking at the case numbers (incorrect) instead of using the serial number inscribed on the movement for dating the watch.

Among the thousands of vintage Omega watches I've bought/sold in the last couple decades, I've sold literally dozens of Omega diamond Sapphette models, some of which were identical to your watch. The market for small ladies' watches right now is VERY soft. On a good day, with spectacular pictures, aggressive marketing, a bushel of regular buyers, going downhill in top gear with a strong tailwind, I would expect your watch to fetch roughly $500 at auction or maybe 50% more ($750) at retail, if you were willing to wait a long time for a sale.

Most "appraisals" done at jewelry shops are completed by people who have no idea of vintage watch prices and don't even try to estimate REAL market values. Rather, the appraisals are intended to give the owner (for insurance purposes) an approximate replacement value compared to an equivalent new watch purchased at retail. Unfortunately, many owners confuse this "appraised" value with the value they would expect to get for their vintage watch on the current market. Nothing could be further from reality.