Secondhand Planet Ocean - Should I?
Secondhand Planet Ocean - Should I?
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clockworks

Original Poster:

7,090 posts

167 months

Friday 8th March 2019
quotequote all
Been offered a 2010 orange bezel Planet Ocean. Full set. Couple of marks on the bezel. 42mm version. Reliable source. £2200

Should I buy it?

I've never owned a modern Omega, but it's something that I've thought about over the past 10 years.
I don't need another watch, and I've spent a lot of money in the past month changing both my cars. It seems like a good buy at this price though.

Should I go for it?

liner33

10,861 posts

224 months

Friday 8th March 2019
quotequote all
Do you want it , or do you just think its a bargain ?

andyman_2006

755 posts

212 months

Friday 8th March 2019
quotequote all
Seems a good buy that, i saw one last week with a dealer for £2695.

you can get a new Tudor back bay (with some haggling) for that though...

I like Omegas they look good, personally prefer 45mm ones, but nice watches.

I see goldsmiths have some deals on...

https://www.goldsmiths.co.uk/Omega-Seamaster-300M-...

11% off now on a 41mm seamaster.

cbmotorsport

3,065 posts

140 months

Friday 8th March 2019
quotequote all
clockworks said:
Been offered a 2010 orange bezel Planet Ocean. Full set. Couple of marks on the bezel. 42mm version. Reliable source. £2200

Should I buy it?

I've never owned a modern Omega, but it's something that I've thought about over the past 10 years.
I don't need another watch, and I've spent a lot of money in the past month changing both my cars. It seems like a good buy at this price though.

Should I go for it?
It's a good price. Probably about £300-500 under book. You really need to want it though.

clockworks

Original Poster:

7,090 posts

167 months

Friday 8th March 2019
quotequote all
I "want" it, but I don't "need" it. I just feel the urge to scratch another itch, get it off my bucket list. At that price it seems that I shouldn't lose if I ever need to sell it.

On the subject of Tudor, I've had one sitting in the jeweller's window for over a year now on commission sale. Chronautic chronograph with carbon fibre dial.
He's had very little interest from potential buyers, which surprises me. He's sold a Rolex, a TAG and a Breitling for me, and they went quite quickly.

With all the interest in Tudor's current models, I expected the earlier ones to become more desirable. Seems like brand recognition isn't there yet for the general public.

alorotom

12,677 posts

209 months

Friday 8th March 2019
quotequote all
cbmotorsport said:
It's a good price. Probably about £300-500 under book. You really need to want it though.
Why? Don’t like it move it on for a small profit?!?

Cybertronian

1,545 posts

185 months

Saturday 9th March 2019
quotequote all
As others have said, that's a very good price. Watchfinder is currently selling them at around £2,900, albeit they offer a 12 month warranty. You'd have little to no trouble selling it on for what you paid for it.

It'll probably need servicing based on its age and use, if it hasn't already had one during its lifetime. The bezel will be replaced during a service if going via Omega.

richthebike

1,753 posts

159 months

Saturday 9th March 2019
quotequote all
Price is about right. Have been looking for a few months and they're currently a little down.

I want one to go with my green Super Ocean Heritage of the same vintage, for some reason.

Way nicer than a black bay, but I'm really not a tudor fan.

clockworks

Original Poster:

7,090 posts

167 months

Saturday 9th March 2019
quotequote all
It's the co-axial movement that worries me. Tweaked ETA - no worries with servicing by just about any competent watchmaker.

How easy is the Omega co-axial to service? Parts availability?

glazbagun

15,092 posts

219 months

Saturday 9th March 2019
quotequote all
I think that's to early too be an 8500.

Oiling the Co-Axial is fine work, much finer than a lever. When I first heard you use a microscope I thought they were taking the piss/being a bit precious, but you really do need it to do a top job. There's also a knack to taking the balance out- there's a notch cut in the roller which needs to line up with the lever in the escapement. I'm not sure I'd service one without talking to someone who can do it or at least reading some thorough how-to articles, if they exist.

Symptom of a bad one is intermittent stopping for no obvious reason. They made four versions of the cal 2500 escapement, which must have cost a fortune and tells you a lot. The 2500C gets an upgrade to the intermediate escape wheel (which looks like steel not brass/ berylium/ whatever). 2500D was the last with the cool ninja coaxial wheel

So if you're thinking of servicing it yourself like you might a wrecked Omega 1120 (like a Rotary specialist buying a dead RX8), it might not be such a bargain should you need new escape wheels and aren't an Omega agent. They run at different speeds to the 1120, too, so I think the entire train might be different (not sure about the great wheel), so not sure what that means for grey parts availability, check ebay I guess. The Auto work seems the same.

That said, if it's a good value watch and you like it, you don't have much to lose if you can get your money back. Best case is it's great and runs for years, worst case is you sell it for what you paid/ trade it in with a dealer for something else?




Edited by glazbagun on Saturday 9th March 22:49

clockworks

Original Poster:

7,090 posts

167 months

Sunday 10th March 2019
quotequote all
Thanks for the info. I've tinkered with watches in the past, mostly Seikos and the odd ETA, but I stick to clocks now. I wouldn't attempt to service a valuable watch, my eyesight isn't up to it now, even with an Optivisor and loupe.

I was thinking more about the cost of getting it serviced by a specialist, compared to the more common ETA movements.

The watch was offered to me by a dealer as a trade sale. He has the chance to buy it for £2k, and is happy to make £200 for a quick sale with no comebacks.

glazbagun

15,092 posts

219 months

Sunday 10th March 2019
quotequote all
Ah, no idea on what people charge- though all Planet Oceans are coaxial so just asking a reputable repairer with an Omega account should be enough.

They're not much harder than an ETA to service once you know what you're doing, the escapement just takes a bit more care. Any bigger cost will likely come if there's trouble with the escape wheels, the rest of the parts are not as expensive.

cbmotorsport

3,065 posts

140 months

Monday 11th March 2019
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alorotom said:
cbmotorsport said:
It's a good price. Probably about £300-500 under book. You really need to want it though.
Why? Don’t like it move it on for a small profit?!?
Because selling secondhand watches is a pain in the arse, especially for £300 profit,and that's if you actually achieved that figure.

Ebay would take 10% of sale value
Chrono24 take 6.5%
A dealer will give you trade value.
Forums are full of messers.
Unless the buyer lives close to you, you'd have to accept paypal for their peace of mind, that's another 3% and then you have to post it.

That £300-500 'profit' soon disappears for a shed load of hassle.



hilly10

7,501 posts

250 months

Saturday 16th March 2019
quotequote all
Go on do it. Love mine. Bought it Twelve months ago it’s a 2011 all boxes papers serviced 2 years ago it even has the new micro adjustment clasp paid £2200




richthebike

1,753 posts

159 months

Saturday 16th March 2019
quotequote all
cbmotorsport said:
Because selling secondhand watches is a pain in the arse, especially for £300 profit,and that's if you actually achieved that figure.

Ebay would take 10% of sale value
Chrono24 take 6.5%
A dealer will give you trade value.
Forums are full of messers.
Unless the buyer lives close to you, you'd have to accept paypal for their peace of mind, that's another 3% and then you have to post it.

That £300-500 'profit' soon disappears for a shed load of hassle.
EBay take £1

UnclePat

511 posts

109 months

Saturday 16th March 2019
quotequote all
hilly10 said:
Go on do it. Love mine. Bought it Twelve months ago it’s a 2011 all boxes papers serviced 2 years ago it even has the new micro adjustment clasp paid £2200



I'm not a fan of regular Seamasters (great watches, it's just aesthetically I can't get along with them), but that generation of Plant Ocean I have a lot of time for (even with that HEV protruburance) - they're just really appealing, especially with the orange bezel.

BrewsterBear

1,548 posts

214 months

Sunday 17th March 2019
quotequote all
You could have my later 46mm PO with the 8500 co-axial movement and glass back for that.

cbmotorsport

3,065 posts

140 months

Monday 18th March 2019
quotequote all
richthebike said:
cbmotorsport said:
Because selling secondhand watches is a pain in the arse, especially for £300 profit,and that's if you actually achieved that figure.

Ebay would take 10% of sale value
Chrono24 take 6.5%
A dealer will give you trade value.
Forums are full of messers.
Unless the buyer lives close to you, you'd have to accept paypal for their peace of mind, that's another 3% and then you have to post it.

That £300-500 'profit' soon disappears for a shed load of hassle.
EBay take £1
If you're prepared to wait a few months for a promotion, yes.