Omega Seamaster Prices

[GTiWILL]

When I bought my Omega Seamaster around 10 years ago it cost just under £1100. IIRC the RRP was around £1400 however a friend who used to work at a jewellers arranged a discount for me. I chanced across an advert on Watchfinder the other day and was amazed they are offering the same model watch for £2550 used! Is this because WF are over pricing stock, has the market changed or is there another reason?

https://www.watchfinder.co.uk/Omega/Seamaster%2030...

[dai1983]

RRP of a Seamster is now £4k dragging up the price of used ones?

[Barchettaman]

Market has changed.

Rising tide floats all ships.

The current Seamaster is an expensive watch.

James Bond effect.

Having said all that £2550 is well toppy.

[darreni]

And that one is a quartz model!

[GTiWILL]

darreni said:

And that one is a quartz model!

Yes, mine is quartz...hence the comparison.

I’m just surprised at the prices!

[anonymous-user]

I had one for my 50th, 8 years ago
Cost say 1250 then, I thought it was expensive anyway! No way worth what they are asking now for a new one..
I still prefer the watch face from that era.

[Barchettaman]

WRT the new prices: Swatch group are apparently trying to make Omega a direct Rolex competitor whilst Longines fills the gap left. Tissot similarly gets dragged upmarket.

Hence the elevated prices, snazzy boutiques etc.

[GTEYE]

The current Seamaster is an expensive watch, but in terms of the proposition it’s a very different watch to its quartz predecessor - in house automatic movement, ceramic dial etc etc.

Expensive, yes but I’d say the used quartz one is the one that’s massively overpriced. But, it’s the Bond connection I’d guess.

[liner33]

I bought my auto bond seamaster back in 2003 for £1100, would be around £1600 in today's money, and they easily fetch than still so pretty good investment and a bargain really , but for the same kind of money today you can buy a modified ETA in plenty of other brands. The new Seamaster however is a significant improvement spec wise so i'm not surprised the prices has gone up. Of course the weak pound hasn't helped

[Jamescrs]

I bought my Seamaster just after I got married 11 years ago and mines a Chronometer not Quartz, I can't remember what the cost was but was definitely somewhere under 2k, I'm amazed at the current retail prices of them when I look in shop windows now. similar watches now seem be north of 4k and don't look significantly different.

[Rob_R]

I paid £1100 on the nose for my Seamaster 15 years ago. Same watch on watchfinder is £2,400. I mean, mine isn't for sale in any event but it can't be worth that, surely?

The new ones are appreciably better watches than those 10-15 years ago.

[crispian22]

I paid £880 for mine 12 years ago,traded it 2 years later for £1390 against a navitimer.

[mx stu]

I got my quartz Seamaster 8 years ago and remember reading at the time that the quartz were being discontinued, so it was a now or never.

I haven't looked at prices but is this not just down to Seamaster quartz supply and demand... which if they don't make them anymore means prices are only going one way.

[HM-2]

https://www.watchfinder.co.uk/Omega/Seamaster%20Ch...

Nearly three grand for a rougher looking Chrono Diver Titanium than I managed to get for well under two about six month ago.
I think a good part of this is watchfinder price gouging, but I do note most of my tracked Omega stuff on Chrono24 is on a pretty hefty uptick.

[Jimmy Recard]

I bought mine used for £600 about five years ago. I wonder what I’d get for it now!

Moot point I guess as I wear it every day and don’t plan to sell it. It started doing the four second leap this week so I’ll have to change the battery soon

[RichB]

HM-2 said:

... I do note most of my tracked Omega stuff on Chrono24 is on a pretty hefty uptick.

"Tracked stuff... on a hefty uptick"?

[Barchettaman]

RichB said:

"Tracked stuff... on a hefty uptick"?

Chrono 24 allows you to track prices of second hand watches over time, so you can observe price rises (in this case).

Quite a neat feature!

[RichB]

Ah right, got you...

[Somebody]

Barchettaman said:

Chrono 24 allows you to track prices of second hand watches over time, so you can observe price rises (in this case).

Would you say this is a function of the exchange rate where the Pound has tanked against virtually all other currencies recently? Any watch denominated in Euros or USD would cost you more to buy now in GBP than only a week ago.

[sam.rog]

I put my 2016 seamaster through the valuation process.
£1400-£1500 was the valuation they came back with.