Omega Constellation
Reference 168.005
Sell — Rising trend — good time to sell
C
Investment Grade C · 45/100
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ℹ️ 1-month trend
Price change over the past 30 days. Shows the short-term market movement — relevant if you want to buy or sell soon.
ℹ️ 4-month trend
The central metric behind the momentum score. It filters out short-term swings and shows the true, medium-term market trend of this reference.
ℹ️ Volatility
Annualised price fluctuation. Below 10 % = very stable, 10–20 % = normal, above 20 % = volatile. With high volatility the price can change quickly — in both directions. Be cautious about buying without checking the current price.
ℹ️ Momentum score
ChronoCheck's own indicator from 0 to 100, calculated from the 4-month trend, volatility and market direction.
- Above 60 — Upward trend. Good time to sell, prices are rising.
- 40 – 60 — Neutral. Stable price level, no pressure to act.
- Below 40 — Downward trend. Wait or enter at a good price.
ℹ️ Investment Grade A/B/C/D
ChronoCheck's own rating for each reference. A 0–100 point scale, made up of four weighted components:
- Momentum (40 pts) — trend strength from the momentum score.
- Liquidity (25 pts) — number of active live listings.
- Stability (20 pts) — inverse volatility — the calmer, the better.
- Source robustness (15 pts) — number of independent market sources.
- A · 75+ Trend is right, liquidity good, data broad.
- B · 55–74 Solid, but one component weaker.
- C · 35–54 Average, volatility or market breadth weigh on it.
- D · below 35 Downward or too little data — a collector's piece.
Not investment advice. Pure data analysis from aggregated market sources.
The current market value of the Omega Constellation (Ref. 168.005) is $4,115. The trend points up (plus 22.6% over four months).
What if you had bought back then …
What would a purchase at the median market price back then have become — at today's level of $4,115. A pure return calculation, excluding insurance, servicing and transaction costs.
6 Monate
on 03.05.2026
Purchase price
$3,132
Today
$4,115
↑ +31,4 %
+$983
p.a. +86,4 %
2 Jahre
on 17.07.2024
Purchase price
$3,314
Today
$4,115
↑ +24,2 %
+$801
p.a. +10,2 %
3 Jahre
on 07.11.2023
Purchase price
$761
Today
$4,115
↑ +440,8 %
+$3,354
p.a. +78,0 %
Data from an aggregated median time series (watch_market_daily). CAGR = Compound Annual Growth Rate, normalized to 365 days. Not an investment recommendation.
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Technical data
Model family
Constellation
Production period
1963 – 1972
Movement / caliber
Cal. 561
Lift angle 42° — important for timing-machine diagnosis:
with this value a watchmaker can correctly measure rate deviation, amplitude and beat error.
ChronoCheck verifies such technical details directly from the manufacturers' factory specifications.
Omega Ref. 168.005 — Variants and collector names
Known as: Pie Pan, Pie-Pan Constellation, Meister Constellation, Pie Pan Date
Production phases and changes
- 1966: Change from Cal. 561 to Cal. 564
Movement variants
- 564 (1966–1972) · 19800 bph
- 561 (?–today) · 19800 bph
Bezel variants
- 168.005-Fixed-Steel-Smooth-Polished "Smooth Fixed Bezel"
Dial variants
- Silver Pie-Pan Onyx Baton — Ω [applied with star] / CONSTELLATION [italic script] / AUTOMATIC / CHRONOMETER OFFICIALLY CERTIFIED / date window 3 o'clock
- Türler-signed Pie-Pan — Ω / CONSTELLATION / AUTOMATIC / CHRONOMETER OFFICIALLY CERTIFIED / retailer signature TÜRLER (Geneva) on dial
Crystal variants
- Hesalit-Domed-Omega-Logo-168.005
Bracelet variants
- Steelinox Ref. 1039
- Beads of Rice (BOR) Ref. 1037
Serial numbers
- 19400000 – 20999999 (1963–1963) — Omega serial number engraved on the movement; visible after opening the screw-down case back with the Observatory caseback motif
- 21000000 – 22099999 (1964–1964)
- 22100000 – 22999999 (1965–1965)
- 23000000 – 23999999 (1966–1966)
- 24000000 – 25099999 (1967–1967)
- 25100000 – 26199999 (1968–1968)
- 26200000 – 27299999 (1969–1969)
- 27300000 – 28499999 (1970–1970)
- 28500000 – 29699999 (1971–1971)
- 29700000 – 31499999 (1972–1972)
## A Constellation with Four Names
Hardly anyone knows reference 168.005 by its catalog number. Collectors call it the Pie Pan, some say Pie-Pan Constellation, others Meister Constellation, or simply Pie Pan Date. Four names for one caliber duo built between 1965 and roughly 1968 — and that's exactly where this reference's real story begins.
## The Crown Trick That Changed Everything in 1966
Up to 1966, the 168.005 ran the caliber 561. If you wanted to correct the date, you had to wind the hands through the critical window between 9pm and midnight, or the date wouldn't switch over cleanly the next day. From 1966 on, the caliber 564 solved the problem: a true quickset date via the crown, no hand-cranking gymnastics required. You can't tell the difference from the outside, and the changeover dragged on into 1967, with both calibers rolling off the line side by side.
## A Silver Dial, One Name That Carries Weight
The reference dial carries onyx baton indices on silver, along with the signature Pie Pan waffle texture and its characteristic step toward the flag. One variant stands out: examples signed by Türler, named after the Zurich Omega retailer who pushed his own dial signatures through in the sixties. Those pieces turn up far less often than the standard, unsigned version.
## A Bezel With No Distractions
The smooth, polished steel bezel stays unchanged across every known version of the 168.005 — no faceting, no fluting. That restraint on the case is deliberate: on a Pie-Pan Constellation, the domed dial is meant to hold the stage, not the frame around it. Anyone checking a 168.005 should focus right there — caliber number, dial signature, and bezel condition, all at once.
Brand profile: Omega
Omega is the second most counterfeited Swiss watch brand. The Speedmaster and Seamaster are especially targeted. Pay close attention to movement details (Co-Axial) and dial textures.
Key authenticity features
- Speedmaster: The chronograph reset hand must snap back precisely to 12 o'clock — fakes stop 1–3 seconds off or wobble
- Speedmaster (Hesalite): The Omega logo is micro-laser-etched on the UNDERSIDE of the Hesalite crystal — only visible at a specific angle and in the right light — fakes omit it or place it incorrectly
- Seamaster: The wave-pattern dial must be ENGRAVED (tactile relief) — printed/flat wave lines = fake
- DON (Dot Over Ninety): small dot ABOVE the '90' on the Speedmaster tachymeter bezel — position/size often wrong on fakes
Serial number format: Omega serial number: 8-digit number on the caseback or between the lugs (on older models). Since ~2018 engraved on the caseback at 6 o'clock. Format: purely numeric. Verifiable on the Omega website with an extract from the archive.
Buying guide: Omega Constellation
Entry into Omega
At $4,115 this reference is one of the more affordable ways to wear a Omega on your wrist. That is precisely why many pieces have already passed through several hands — condition varies accordingly. Buyers here should pay particular attention to service history and honest photos from the seller.
Where the price stands
The price of the Constellation has risen by +22.6% over the past four months. Anyone selling now hits a good window. If you want to buy: no need to wait — the market is currently more hot than cold, and a clear end to the trend is not in sight.
Watch out for swings: This reference has an above-average volatility of 235.3 percent. In concrete terms: the price can move by several hundred euros within a few weeks. Check the current value before buying or selling — old listings or auction results from two months ago are of little help.
What to look out for when buying?
- Authenticity: The serial number and reference on the case must match the papers. A professional authenticity check of the Omega Constellation reliably rules out counterfeits.
- Condition: Check scratches on the case and bezel — professional refurbishment can leave traces.
- Service history: A documented service by the manufacturer or a certified watchmaker increases the value.
- Scope of delivery: Box, papers and warranty card make a noticeable price difference on the Constellation.
- Independent certification: The CPS-52 standard covers 52 checkpoints — from the serial number and the timing machine to water resistance. The result is secured on the blockchain and can be verified at any time.
Frequently asked questions about the Omega Constellation
What is the current market value of the Omega Constellation (Ref. 168.005)?
The current market value of the Omega Constellation Ref. 168.005 is $4,115 (as of 10.10.2026). We aggregate asking prices from several independent live market sources — authorised dealers, CPO dealers, pre-owned marketplaces and auction results. The actual sale price can vary by 10–15 % up or down depending on condition, completeness and service history.
How has the price of the Omega Ref. 168.005 developed over the past 4 months?
The 4-month trend is upward (+22.6 %). Over the past month the change was +22.6 %. The momentum score (0-100) currently stands at 100. Volatility is above average at 235.3 % — the price can move noticeably in the short term.
Is now a good time to buy or sell the Omega Constellation?
The market trend shows rising prices — a good time to sell for owners. This assessment is based on the market trends of the past 4 months and is not investment advice. Before any transaction we recommend checking the current market price up to date — for example with our free market value tool.
What should I look out for when buying a Omega Constellation?
The key things to check when buying a Omega Constellation are: 1) that the serial number and reference match the papers, 2) the condition of the case and bezel (scratches, signs of polishing), 3) completeness of box and warranty card (a 10–15 % price premium for a full set), 4) a documented service history, 5) an independent authenticity check — advisable from a purchase price of 5,000 EUR.
How do I tell whether a Omega Constellation is genuine?
With a Omega, counterfeits can usually be spotted from several details: the weight and material quality of the case, the precise execution of the bezel and dial, correctly engraved serial numbers at the prescribed depth, and the behaviour of the movement. A forensic authenticity check to the CPS-52 standard examines 52 individual points and is the most reliable method — especially for purchases over 10,000 EUR.
Where can I sell a Omega Constellation Ref. 168.005?
There are several channels for selling a Omega Constellation: 1) specialist online dealers (Chrono24, Watchfinder, Wempe, Chronext) — fast, but with a 10–20 % margin deduction, 2) auction houses (Phillips, Christie's, Sotheby's) — higher proceeds possible, takes 3–6 months, 3) private sale (classifieds, WatchUSeek) — highest proceeds, but more effort and fraud risk. In our experience a ChronoCheck valuation report raises the achieved sale price by 5–10 %.