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Old 29 July 2011, 07:08 AM   #1
ansharma
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First Omega - Seamaster 1948 Co Axial "London 2012" Limited Edition

Hi all

Just picked this up today

This has solely been bought for collection/investment purposes; it was bought for 2 main reasons:

1. I liked it (this was the most important reason) and would happily wear it.
2. I believe its value will increase significantly in 10-20 years given 1,948 were only made and is linked to the London Olympics.

Here are some pics courtesy of Omega.


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Old 29 July 2011, 07:40 AM   #2
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Beautiful watch...........your #1 reason for buying it is right on.................I think you'll be sorely disappointed if you are counting on reason #2

Enjoy
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Old 29 July 2011, 07:44 AM   #3
ansharma
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Quote:
Originally Posted by barstoolman View Post
Beautiful watch...........your #1 reason for buying it is right on.................I think you'll be sorely disappointed if you are counting on reason #2

Enjoy
Thanks!

I wont be wearing this one, I have 5 others to keep me occupied

This will be kept in the safe, I have every faith this will increase in value....just wait until the next London Olympics
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Old 29 July 2011, 02:44 PM   #4
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But will any of us be alive? You have greater self-discipline than me, as I wouldn't be able to resist the temptation to wear it.

I think it will take around 40+ years probably before comparative value reaches today's money, allowing for inflation etc.

Make a great gift for a college graduation - recipient would cash in just as they were to retire .

Cheers

Desmond

Quote:
Originally Posted by ansharma View Post
This will be kept in the safe, I have every faith this will increase in value....just wait until the next London Olympics
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Old 29 July 2011, 03:04 PM   #5
moby33
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Quote:
Originally Posted by barstoolman View Post
Beautiful watch...........your #1 reason for buying it is right on.................I think you'll be sorely disappointed if you are counting on reason #2

Enjoy
Concur on both accounts!

To OP...Congrats on the watch.
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Old 29 July 2011, 08:00 PM   #6
WJGESQ
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Looks good.

1948 does not seem like a lot of watches.

Was this a big seller at some point? I had never heard of it.
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Old 30 July 2011, 08:38 AM   #7
ansharma
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Looks good.

1948 does not seem like a lot of watches.

Was this a big seller at some point? I had never heard of it.
Yeah its pretty limited.

It only became available couple of days ago.

I am not really sure how quickly or slowly these will sell...I was able to get number 62 out of 1,948 without being on a waiting list.

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Old 30 July 2011, 08:46 AM   #8
kyle L
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Looks great! Similar to the old ones...

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Old 30 July 2011, 09:08 AM   #9
Mar122
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Very nice watch!
Is it an in-house calibre?
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Old 30 July 2011, 09:18 AM   #10
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Very nice, congrats!
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Old 11 August 2011, 08:22 AM   #11
ansharma
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Any more thoughts on this watch?

Has anybody else got one?

Cheers
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Old 11 August 2011, 09:48 AM   #12
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Congrats!
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Old 12 August 2011, 08:34 PM   #13
ohfivepro
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Beautiful watch but terrible investment. Look at other 'ltd' Omegas like the last winter olympics one (white dial, red bezel) then look at the prices - they're currently about 50-60% less than the original retial values.

Just stick it on your wrist and get some enjoyment from it.
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Old 12 August 2011, 08:49 PM   #14
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Quote:
Originally Posted by ohfivepro View Post
beautiful watch but terrible investment. Look at other 'ltd' omegas like the last winter olympics one (white dial, red bezel) then look at the prices - they're currently about 50-60% less than the original retial values.

Just stick it on your wrist and get some enjoyment from it.
+1
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Old 12 August 2011, 09:51 PM   #15
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That is one beautiful watch but . . .

A watch not worn is not a watch.

Fr. John†
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Old 13 August 2011, 07:31 AM   #16
ansharma
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Quote:
Originally Posted by ohfivepro View Post
Beautiful watch but terrible investment. Look at other 'ltd' Omegas like the last winter olympics one (white dial, red bezel) then look at the prices - they're currently about 50-60% less than the original retial values.

Just stick it on your wrist and get some enjoyment from it.
Thanks for your comment.

This is a unique watch it is based on the first ever seamaster made it also has 18k gold London Olympic medal.

This is not comparable to any other limited edition watch. The winter limited edition had nothing special about it, just a standard seamaster with red bezel and olympic rings on the dial.

This watch is special, just look at that dial - which Omega collector won't want it? The medal is on the case so makes it more desirable due to it's understated link to the Olympics.

You may be right, it may be a terrible investment but one will never be made again and in the long term there will always be someone willing to pay over the odds to obtain it.
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Old 13 August 2011, 08:18 AM   #17
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Good looking watch. IMO, you'd be better off with vintage for investment.
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Old 13 August 2011, 08:35 AM   #18
ansharma
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Good looking watch. IMO, you'd be better off with vintage for investment.
Thanks.

This will be vintage in 40 years.
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Old 13 August 2011, 08:46 AM   #19
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That's a beautiful watch. What is the retail price for that model?
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Old 14 August 2011, 07:00 AM   #20
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That's a beautiful watch. What is the retail price for that model?
Thanks.

£3,540 - a little expensive for an Omega but will hopefully be worth it!
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Old 14 August 2011, 07:17 AM   #21
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No one really knows for sure if this will increase in price in 10 to 20 years but all the best to ya!
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Old 14 August 2011, 09:25 AM   #22
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No one really knows for sure if this will increase in price in 10 to 20 years but all the best to ya!
Cheers mate, lets see how it gets on
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Old 14 August 2011, 09:38 AM   #23
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Congratulations on a stunning watch. No question that I would wear it occasionally.
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Old 16 August 2011, 08:21 AM   #24
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Icon17 Here it is!

This was supposed to be an investment but I am just blown away - wow! I think I'm in love with the piece!

The sales people were great and gave me a few extras free: a wooden watch box and a cleaning kit. Very pleased!

Enjoy the pictures!

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Old 17 August 2011, 05:08 AM   #25
Maxtor
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Great looking watch. Enjoy it.
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Old 17 August 2011, 05:24 AM   #26
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Nice Watch, Congrats!
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Old 17 August 2011, 11:22 AM   #27
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Beautiful watch!!
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Old 17 August 2011, 07:58 PM   #28
Rene78
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Absolutely beautiful. Wouldn't mind to have one myself- I'd wear it!
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