Omega Automatic DeVille Gold
 

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Thread: Omega Automatic DeVille Gold

  1. #1
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    Default Omega Automatic DeVille Gold

    I have inherited an Omega watch that has been in the family for decades. I am not a watch person so I am trying to decide whether to sell it or take the value in gold. It is an old watch, not the type popular now but it is 18k watch and bracelet. 21 jw / grade 111 / mvmt #26066965 / case # 941556/8132. It is in great shape but it does not have the original box. If I were to sell it, where would be the best place? I appreciate any help!

  2. #2
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    I really hate these questions....there are too many variables involved!

    IF the watch is in good physical appearance, and runs well, you have to do your homework and figure out what a previously worn watch like yours sells for. A good starting point is the FINISHED SALES section of eBay, to know how much Joe Schmo is willing to pay for a used watch.

    Look up what the daily spot price of gold is (today, gold is selling for roughly $2,000+/oz. and tomorrow it could drop to $600/oz. or soar to $3000/oz. Who can tell???)
    Weigh how much gold you have, remembering to remove the non-gold movement, and note what the watch is made of...either 10karat gold (only 41% pure gold), or at best, 18 karat gold (75% pure gold).

    With the information you now have in your hand: will the value of the watch's melted gold be higher, or lower, than what you will be able to sell the whole working watch for. Two alternate sales venues for you are a antique dealer or a live auction (minus sales commision), or use the FOR SALE forums of the watch collector's chat rooms (like WTF). True watch collectors MAY pay you a higher price for your watch than the average schmucks!

    Wherever your ruminations lead you, good luck!
    -Bill

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