A resettable combination lock mechanism includes a plurality of outer lock dials and a plurality of inner lock dials. The rotation of a reset feature changes the relative axial position between the outer lock dials and the inner lock dials, allowing the combination of the lock mechanism to be reset. In one aspect, the outer lock dials are axially displaced upon rotation of the reset feature, exposing a visual indicator that is configured to indicate whether the lock is in a combination reset mode or is in a normal mode. The reset mode allows the combination to be changed. The normal mode allows the lock mechanism to be locked or unlocked to secure or release a desired item. In another aspect, the rotation of the reset feature rotates a visual indicator into alignment with a window to indicate that the lock is the reset mode or the normal mode.