Do Omega Watches Hold Their Value? [Complete Guide] - Millenary Watches (2024)

FAQs

Does an Omega watch hold its value? ›

The answer is a resounding yes. They hold their initial value well—and many hold the potential for even more. The promise of Omega watches is two-fold. First, they're constructed with quality materials and comprehensive time.

Omega Seamaster and Speed master are the most famous and in-demand Omega models. They will hold value even in the resale market as their demand is equally high. Look for variations like function variants, gold versions, dial variants, etc.

When it comes to average resale value Omega's isn't bad per se. The best Omega watch may fetch a higher average resale value than the worst Rolex but the Rolex brand still dominates the pre-owned market and on average, their watches hold value the best. They are also one of the most knocked-off brands as well.

Both new and used, Omega watches are incredibly popular among collectors and enthusiasts. Prestigious and well respected, they provide technically advanced, quality timepieces to last through the generations. As one of the oldest Swiss watch brands, Omega has transformed horology throughout the years.

The two brands are ranked in the top 50 Swiss watchmaking brands in the world. However, when you look at the ranking, Omega ranks higher compared to Breitling. Omega ranks at #7 most recognized Swiss company worldwide, and #2 most recognizable Swiss watch brand. Omega has 70% brand recognition globally.

OMEGA watches are designed to last a lifetime if they receive the best care. We recommend that you have the water-resistance checked every year and a full service performed every 5 to 8 years. You can also find on our website tips on how to preserve your watch.

From the Seamaster to the Speedmaster, OMEGA delivers on performance watches for everyday life.

Omega vs Tag Heuer Quality

TAG Heuer is especially known for chronographs, and it's a giant in the watchmaking world but Omega watches are considered to be of higher quality. The quality of an Omega watch is easily demonstrated by the amount of time it takes to create one.

What does wearing an Omega say about you? ›

Omega watches can often signify extravagant taste on the part of the wearer. They say, 'I'm successful, so why shouldn't I show off what I've got? ' Again, the image that is put across by the person wearing this watch depends partially upon his attitude.

Patek Philippe arguably owns the top-tier of high-horology. Once, the most expensive watch ever sold was a Patek Philippe with many complications and sold for over 11 million dollars, second only to a Rolex that was worn by Paul Newman.

So, even if you purchased a second hand Omega for next to nothing a few years ago, it could be worth plenty shortly due to market fluctuations. For this reason, among several others, watch experts tend to agree that an Omega is always a good investment.

If a particularly popular timepiece is extremely scarce, its value will undoubtedly rise. This is especially true if the timepiece is no longer in production. Popularity is a third factor that makes second hand Omega watches a good investment.

It's important to choose a supplement that is free of heavy metal contaminantsand provides the right kinds and amounts of omega-3 fatty acids. Look for the bioactive ingredients—EPA and DHA—these are the key omega-3 fatty acids found in fish.

Rolex reigns supreme.

Rolex once again claimed the top spot on Chrono24's list of the five best-selling brands. Next up is Omega, which retained its No. 2 spot, followed by Patek Philippe and Audemars Piguet.

Brands that don't hold their value as well as Rolex, such as brands like Breitling, Tag Heuer, and Omega, tend to lose between 40-50%, but this is of course when we're talking short-term, and it's really difficult to know what will happen if you look at the watch's value long-term.

OMEGA watches are designed to last a lifetime if they receive the best care. We recommend that you have the water-resistance checked every year and a full service performed every 5 to 8 years. You can also find on our website tips on how to preserve your watch.

Since 1995, James Bond has worn OMEGA Seamasters in every film. Over the years, we have also created some very special limited edition timepieces whose special features honour 007 and his legacy of more than half a century of genre-defining movies.

Trends come and go, but iconic watches like the Omega Speedmaster stand the test of time precisely because of their timeless simplicity. The Speedmaster Professional has a timeless, iconic design that will probably never go out of style.

What is the most iconic Omega watch? ›

The Omega Speedmaster is generally recognised as Omega's most well-known and loved watch, and there are numerous models available on the market today. Famously worn by the astronaut Buzz Aldrin on the first manned lunar landing in 1969, the Omega Speedmaster became known simply as 'the moonwatch'.

Breitling watches are a luxury item & as such, they come with hefty price tags. However, Breitling watches hold their value well & can be expected to increase over time. They also last for years & years (some models have been around for decades).

It's one area where Rolex has an edge over Omega, and that counts for a lot. Despite Omega's illustrious history, when it comes to the strength of the brand, no luxury watchmaker comes close to Rolex. Rolex is not only the most well-known luxury watch brand, but one of the most reputable brands in any category.

Omega will increase prices by approx. 5–7% (also depending on the market).

HOW OFTEN SHOULD I GET MY OMEGA WATCH SERVICED? OMEGA state that dependant on the use and environment in which the watch is worn, depends on the service frequency. OMEGA recommend that a complete service should be carried out every 5 to 8 years and advise that the water resistance checked every year.

In its quest to raise industry standards and push the boundaries of watchmaking quality, OMEGA now offers a full 5-year warranty on all of its timepieces.

A manual watch like the Omega Seamaster should be wound up every morning or evening. The average time span after one winding is between 40-70 hours, so some people only wind their Seamaster when it needs it.

Everyday watches are just that. They are watches you can wear in your daily life. Oftentimes these watches are made watches with less precious metals like stainless steel or titanium, but they cover a variety of styles and can be worn with just about anything.

Luxury watches like TAG Heuer are more inclined to hold their value well over the years due to the quality and valuable materials of the watch. TAG watches are also reliable and continue to maintain good time which is another factor as to why they'll hold their value.

Is Breitling better than tag? ›

Most well-versed watch collectors would say that Breitling is a more respected and prestigious watchmaker and hold Breitling as a brand, to a higher standard than TAG Heuer. There are always those collectors that would swear by Breitling but still own a TAG Monaco or a Carrera Heuer 01 in his or her collection.

While the Tissot may not match the engineering or prestige of the Omega, it certainly is a timepiece that won't let you down and looks good anytime, anywhere. The biggest difference? The Omega diver will set you back some $5,000, while the Tissot costs less than $1,000.

Prince William – Seamaster 300m

Considering the royal has been involved in sea rescues when he was an Air Ambulance pilot in the past, this watch couldn't have been a more perfect choice.

Omega is more than just a brand; it has extremely high-quality standards for all the products it creates, achieving certain records and numbers with which other brands can't compete. Their mechanical precision has only gotten better with time, showing how these watches hold their value.

Patek Philippe consistently tops the list of best watch brands in the world and is a status symbol like no other. Founded in 1839, the Swiss company is the last family-owned independent watch manufacturer in Geneva.

They all have in-house Omega movements, wonderful dial designs, and they're affordable. Like, several hundred dollars-affordable (if you're willing to take on the cost of a possible service) or sub-$1k to $3k for a piece from a reputable dealer — even in precious metals.

Nonetheless, the Omega Seamaster is an excellent watch from a very prestigious brand that also has great value but as a result of the difference in brand recognition, there is about a 30% loss in the resale value and street value on the Omega Seamaster compared to the Rolex Submariner.

Are all omegas handmade? ›

A: Obviously the mechanical watches are handmade. They're hand-produced in our industrial manufacture, where we're producing more than two thousand watches a day…and all of our three hundred and fifty watchmakers are crucial to producing them.

The general rule for Omega watches is that they depreciate in value when bought for full retail price. There are some exceptions to this with certain limited editions, however. Generally speaking, an Omega watch loses between 20-40% in value in the first year.

No omega-3 oil is totally better than others, as each one serves a unique purpose and offers various health benefits. One common question surrounds the difference between omega-3 and fish oil supplements. All fish oil contains omega-3 fatty acids, but not all omega-3 fats come from fish oil.

The average price of an Omega watch is between $5,200 to $7,150 MSRP.

Omega-6 fats are essential fats that provide energy for the body. However, people should eat more omega-3s than omega-6s.

Pawnshops buy, sell, and pawn luxury watches like Rolex, Omega, and Patek Philippe every day. You may also be surprised that other brands like Fossil, G-Shock, or Invicta can also have value to a pawnbroker.

In closing, we recommend at least three watches for women. If certain needs dictate, a fourth watch is sometimes appropriate. Feel free to invest in more if you feel your needs warrant it. You can never own too many watches.

An average man needs at least three types of watches because not only does a watch tell time, but it is a valuable piece of accessories too. A man should have a dress, diving, and casual everyday watch. It is also good to have a tool watch for hobbyists, aside from the casual watch that is good for daily wear.

OMEGA watches are designed to last a lifetime if they receive the best care. We recommend that you have the water-resistance checked every year and a full service performed every 5 to 8 years. You can also find on our website tips on how to preserve your watch.

How much does it cost to authenticate an Omega watch? ›

We offer our online Omega watch authentication service to every buyer. Starting at €150 (USD $180 | GBP 130) per watch. Our authentication service is always performed within two business days after receipt. If your watch is fake, we even take care of sending back the watch en you will be fully refunded.

If you're wondering why people were queuing up at a Swatch shop near you, it's because they wanted to buy the RM1,065 Swatch X Omega MoonSwatch. People around the world are willing to line up for hours just to get their hands on the watch and they are not even limited.

The MoonSwatch Mission to Neptune is by far the most in demand MoonSwatch, selling for between $1,700 USD and $2,000 USD on secondary market websites such as StockX and eBay. That is 4 to 5 times the premium price of many of the other MoonSwatch models and almost 8 times the retail price.