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Omega

Difficult question...

 

It really depends on the mechanism of the colour degradation.

In general (and I stand to be corrected here), on the old watches I've seen, the dial lume seems to be more susceptible to colour change than the hands. As you suggested, it may be that the paint on the dial affects the result. Which goes somewhat against my theory that the change is caused by oxidation (to which the hands, in 'open' air, should be more susceptible). Then again, the dials probably come form one suppplier, with a certain compounf and application process, and the hands from another, so who knows??? It's mysteries like these that make me really want to find out.

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