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: Hi I'm new & whilst not an expert I do collect the occasional
: watch. I have recently been bequeathed an 18k solid gold watch
: with a heavy mesh 18k gold bracelet
: If possible I'd like some information such as model, year of
: manufacture & perhaps approx value all parts are hallmarked
: 18k
The best indicator of value is completed public transactions. There are few sources more public and more accessible than Ebay. You should watch completed sales of similar watches to gain an understanding of the market.
A minimum for your value can be derived by estimating the scrap value of the watch from its gold content.
Scrap prices are seldom a high percentage of the current market price of gold.
Presumably, the intact watch would be worth somewhat more
While you may be unlikely to find an 18k gold example, a comparable stainless steel watch's pricing is still helpful.
Obtain the weight of the watch in grams, deduct the estimated weight of the movement, face, hands and non-gold components, and reduce the resulting figure to 75% (18k gold is 75% gold).
Gold prices are quoted in troy ounces, which are 31.1 grams, so divide your gram weight by 31.1 to yield the estimated gold content.
Reduce the current price of gold per troy ounce to about 60%, and you have a reasonable estimate of the price the watch would bring if sold for the scrap value of gold
: The watch was supplied by Garrads, Regent Street, London on or
: about 1961 as there is both a presentation inscription on the
: back & the Garrads box is monogrammed with the initials of
: the recipient
: The Omega calibre is 267 & the movement starts with the number
: 1777****
The calibre 267 is a "subsecond" design movement was introduced in 1956. Omega is famous for its 30mm manual winding movements.
The 17 million serial number dates the watch to approximately 1961.
The WWII era 30mm T2 movements are prized by collectors and were very successful in chronometer (timekeeping) competitions. (Prior to 1949, Omega calibre designations were not numeric codes like 267.)
These movements were very successful, very durable, very easy to work on and very accurate. Variations of the movement were produced by Omega for an incredibly long time, from 1939 to 1963 (Imagine a motor vehicle engine produced for that time period, essentially unchanged.)
The 267 is also designated as the 30 T4 PC AM 17p, meaning that it is the 4th technical improvement of the 30mm design, with shock protection (PC), antimagnetic components (AM) and 17 jewels (p).
: There is a silvered dial with alternating numerals & minute
: dial at 6 O'clock
: The Gold case was made by Dennison, England & inscribed inside
: with the numerals 1339 & ALD988195
As the case was not supplied by Omega, further information is not included in the Omega Vintage Database the manufacturer has graciously made available.
Congratulations on the new watch
Hewybaby aka Sam
I have no successful suggestions from my experience to advise you, but Dennison or the retailer may have records. It can't hurt to ask.
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