What You Should Pay for an Omega Constellation in 2006


Prices of Constellations vary in different markets. They are more expensive in Europe and the United States than they are in Australia and Asia, however values are globalising rapidly because of the Internet. Expect a starting price of at least 300 - 500 US dollars for a stainless steel Bumper model in good condition. Calibres 551, 561 and the quickset date Calibre 564 start at around 400 - 900 US dollars for the stainless steel models depending on condition and history and can go as high as 4000 US dollars for a fully original 18k solid gold model with original papers and box.

Expect to pay a premium for original stainless steel or gold bracelets. Beware of claims about original bracelets, as many of the earlier Omega bracelet clips wore over time and the bracelets had to be replaced. Omega branded bracelets are often ‘after market’ or recently manufactured, particularly ‘beads of rice’ bracelets. Models with refinished dials should fetch around 30 percent less than models with untarnished original dials.

Calibres 751, 1011, 1012, and 1020 are currently undervalued and represent good buying if they are in original condition. If you pay under 400 US dollars for a stainless steel example, consider it a bargain.

Delay buying a Constellation until you have gained enough knowledge to make some basic distinctions and judgements on condition, authenticity and value. Research market values of various models before you make your investment. Search the net for on-line dealers to gain a good idea of prices and compare those prices with specialist dealers in your city. Access other specialist collector’s sites for detailed information about calibres and serial numbers and insights into making judgements on authenticity. Avoid buying from on-line auction sites until you are knowledgeable enough to ask the right questions and can assess confidently market values, authenticity and condition by viewing photographs.

Collecting vintage Omega Constellations represents a sound investment. Prices are on the rise, but there is a plentiful supply of various models because of the numbers produced.

Befriend a benevolent watchmaker from whom you can learn about mechanical movements and to whom you can entrust your watches for occasional servicing. Buy one of the several authoritative books on Omega, join on-line Omega discussion groups and visit the official Omega site.

Knowledge is not only power, but is also what fuels a watch collecting passion. Knowledge will protect you in your purchases and ensure that your passion isn’t extinguished by a disappointing acquisition.

(C) Desmond Guilfoyle 2006

7 comments:

  1. Hello Desmond, I donot want to commet on your blog,but I was wondering if you can help me wiht some advice?
    I am about to buy a 2nd hand Constellation, but am not sure whether this is a fake or real one.
    Please find attzched the shortcut to the website. The owner doesnot have the original papers but does have a "Precious stones certificate" from a juweller.

    http://koopjes.marktplaats.nl/antiek_en_kunst/horloges/42208729.html?

    I hope you can help me. Thanks in advance.

    Kind regards, Marcus Siemer

    ReplyDelete
  2. Willem Ellemeet4:51 am

    Hello

    i have a constallation calender with cal 504. It used to be from my grandfather.

    i am looking for a new rotorshaft or a broken watch with a good shaft.

    can you help me?

    ReplyDelete
  3. hello

    I have a gold constellation and have no idea how much it is worth.

    Can you help me?
    the bracelets are also made of gold, and the stones inside are black (don't remember the name)

    thanks
    regards
    Nathalia

    ReplyDelete
  4. You'll need to send some pics - just click on the email click thru in the 'about me' section.

    Cheers

    desmond

    ReplyDelete
  5. I am sending you this mail to ask you for the approximate value of a classic 1972 Omega Constellation 1021. Thanks

    ReplyDelete
  6. Hi

    One of the best ways top value a Constellation is to do a search of completed listings on eBay and check out what similar models have attracted.

    This gives you a fairly up to date idea on values

    regards

    desmond

    ReplyDelete
  7. Anonymous3:38 pm

    I don't know if you can help me it is that I got burgled just before Christmas but one of the items what was stolen was my omega constellation stainless 1958 I never had picture or this . So am in desperate need of a genuine photo as my insurance wont pay out they have been shocking I hope you can help lee nash

    ReplyDelete