Speedmaster 0000/1957 limited edition

[Captain Chaos]

I need opinions URGENTLY !!!!!!!!

Omega are increasing their retail prices tomorrow across the board according to my local AD and I am so so sorely tempted with the special limited edition speedy (with the black enamel face) in their window.
Only interested in selling at RRP unfortunately (about 5 grand which is a lot for a steel speedy however special).

But….I would be really interested to know your views on this watch, for those who don’t know it seems to differ from the standard model in many ways:

(a) Enamel dial with old style applied omega logo, limited number on the dial itself.
(b) 3201 movement which is a manual co-axial escapement with column wheel for the chronograph with power reserve of 55 hours, chronometer certified. Sapphire caseback, decorated movement.
(c) Impressive looking massive Handmade wooden box with toolkit and loupe for changing the straps (metal and black ‘gator)

The reason why this appeals more than most is that it is a lot more of a special LE than average, rather than just a different dial with fancy caseback. Also my problem is if I got the Daytona I really want I couldn’t wear it to work because my boss would think I am paid too much! A speedy is well affordable by most and no-one will realise it was a lot more expensive than normal by a factor of 2.5 !

Is this always going to be a model I could if I wanted to trade in quite easily?

Captain

[Maxf]

Mappin & Webb on Regents St were going to discount by 10% without any argument/attempt to get more! This was only last week.

I very nearly pulled the trigger on one of these - they are heavier than the 'normal' speedy and the bracelet is excellent. The box is something else completely - more akin to a watch 10x more expensive.

I didnt buy because I felt it was still overpriced and was a bit of a frankenstein-watch.

To me the 50th anniversay xxxx/1957 should be more akin to the original .321 caliber watches. The co-axial movement is unique to the watch but as I understand is really just a standard auto co-axial with the rotar chopped off (literally)!

The impression I got from reading posts online is that the watch is overpriced and aimed squarely at wealthy collectors, hence the very plush box being the main selling point.

I know 3 Jewellers now with them still in stock and think that they may have missjudged how many people would pay £5k for a Speedmaster - therefore I would imagine future trade in prices would be suprisingly low.

Personally I'd put 5k into a Gemini 4, Apollo 11 and Standard speedmaster!

As an aside, if you want something which is only noticed by those who 'know' then I believe IWC are doing a new Ceramic Spitfire Crono - £6k though.

ETA: the Omega shop on Bond St told me that a standard speedy will be coming out soon with a co-axial movement, so dont let that be the deciding factor.

Edited by Maxf on Wednesday 30th April 14:07

Edited by Maxf on Wednesday 30th April 14:27

[Mrs Cuchillo]

I believe TH Baker in Horsham have one, which we were shown on Saturday. Ask for Dominic.

[Captain Chaos]

Maxf said:

Mappin & Webb on Regents St were going to discount by 10% without any argument/attempt to get more! This was only last week.

I very nearly pulled the trigger on one of these - they are heavier than the 'normal' speedy and the bracelet is excellent. The box is something else completely - more akin to a watch 10x more expensive.

I didnt buy because I felt it was still overpriced and was a bit of a frankenstein-watch.

To me the 50th anniversay xxxx/1957 should be more akin to the original .321 caliber watches. The co-axial movement is unique to the watch but as I understand is really just a standard auto co-axial with the rotar chopped off (literally)!

The impression I got from reading posts online is that the watch is overpriced and aimed squarely at wealthy collectors, hence the very plush box being the main selling point.

I know 3 Jewellers now with them still in stock and think that they may have missjudged how many people would pay £5k for a Speedmaster - therefore I would imagine future trade in prices would be suprisingly low.

Personally I'd put 5k into a Gemini 4, Apollo 11 and Standard speedmaster!

As an aside, if you want something which is only noticed by those who 'know' then I believe IWC are doing a new Ceramic Spitfire Crono - £6k though.

ETA: the Omega shop on Bond St told me that a standard speedy will be coming out soon with a co-axial movement, so dont let that be the deciding factor.

Edited by Maxf on Wednesday 30th April 14:07

Edited by Maxf on Wednesday 30th April 14:27

Thanks Maxf. What you say makes a lot of sense. Frankly I am frustrated in my search for an original unmoslested minty 321 pre-moon. But this LE I could wear every day, but they might as well have kept the auto rotor rather than adapting it in a retrograde step, if you want it manual it's a 321 or 861.

It is an awful lot of dosh for a gimped up speedy. But that enamel dial is very nice indeed. I came very close today. But I'd rather do so with a big discount.

Or does anyone know if one of the 57 white gold examples are available anywhere? I found a dealer called Banks Lyon has the yellow and red gold versions but a white is more stealthy......only 57 of those.

A clear indication of the excessive price is the eaay availability as you say.

Sod the fancy box I want one with a pukka quality 321 movement....!!

If as you say the co-axial movement will be introduced later this year on standard speedys then there is less and less to differentiate except some clever marketing and the dial/box.

Oh well. Back to the drawing board. IWC suggestion noted but aside from the portugese chrono they are just not quite for me though great watches. I think stuff it, a strap version of the white gold daytona is going to be my aim now, but I have a dealer on the lookout for a good old 321 in any case for special occasions.

[crispian22]

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

[Maxf]

There is an antique Omega dealer in New Burlington Arcade W1 which I think has a 1969 (.321 speedmaster?) - they also have an earlier .321 without the button/crown guards. No idea of price though.

[Maxf]

crispian22 said:

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

How much are you looking for? A few from Italy have not sold at just over £2k.

[crispian22]

Maxf said:

crispian22 said:

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

How much are you looking for? A few from Italy have not sold at just over £2k.

put a reserve on of £1500,first time it went at 1.7k but the buyer had a problem with paypal and after 3 weeks of them holding his money he backed out.
second time it went at 1.5k but have not heard from the winner since.timewaster!
didnt know what would be a reasonable price for it?

[jshell]

Hi, I bought the xxxx/1957 Speedy and love it to bits. It may not be strictly 'true' to historical build but I don't care and haven't regretted getting it once! The box comes with additional Croc strap which is nice to use from time to time. From what I gather on other Watch forums, Omega make a loss on every one of these watches as the overall cost of design & build isn't covered by retail price. I almost bought the matching yellow gold in Glasgow a while back, but that would be too much. I'd really love the Rose Gold one though. There are 57 of each yellow, white and rose.

I bought my watch in Geneva for about 4.5k - ish, but had a LOT of freebies thrown in! That made it well worth it.

[tertius]

crispian22 said:

Maxf said:

crispian22 said:

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

How much are you looking for? A few from Italy have not sold at just over £2k.

put a reserve on of £1500,first time it went at 1.7k but the buyer had a problem with paypal and after 3 weeks of them holding his money he backed out.
second time it went at 1.5k but have not heard from the winner since.timewaster!
didnt know what would be a reasonable price for it?

Looking on Timezone they seem to go for between $2,500 and $3,000 so £1500 doesn't sound far off the mark, perhaps a bit toppy but not much.

[crispian22]

tertius said:

crispian22 said:

Maxf said:

crispian22 said:

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

How much are you looking for? A few from Italy have not sold at just over £2k.

put a reserve on of £1500,first time it went at 1.7k but the buyer had a problem with paypal and after 3 weeks of them holding his money he backed out.
second time it went at 1.5k but have not heard from the winner since.timewaster!
didnt know what would be a reasonable price for it?

Looking on Timezone they seem to go for between $2,500 and $3,000 so £1500 doesn't sound far off the mark, perhaps a bit toppy but not much.

did'nt know wether it was worth hanging on until the 40th anniversary?see if they go up much?

[Maxf]

crispian22 said:

tertius said:

crispian22 said:

Maxf said:

crispian22 said:

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

How much are you looking for? A few from Italy have not sold at just over £2k.

put a reserve on of £1500,first time it went at 1.7k but the buyer had a problem with paypal and after 3 weeks of them holding his money he backed out.
second time it went at 1.5k but have not heard from the winner since.timewaster!
didnt know what would be a reasonable price for it?

Looking on Timezone they seem to go for between $2,500 and $3,000 so £1500 doesn't sound far off the mark, perhaps a bit toppy but not much.

did'nt know wether it was worth hanging on until the 40th anniversary?see if they go up much?

Send you a mail. With regards to waiting - there has been a special edition speedmaster for apollo 11 virtually every 5 years and none seem to go up especially. I imagine there will be a new one next year which will be the 'thing to have'.

[crispian22]

Maxf said:

crispian22 said:

tertius said:

crispian22 said:

Maxf said:

crispian22 said:

hi,i've got a speedmaster apollo 11 35th aniversary le,1 of 3500,the one with the silver face,tried it on ebay a couple of times as i dont use it much but didnt have any luck? i saw 1 sell in japan for nearly 3k a couple of months ago but over here it didnt get near that figure? how so?

How much are you looking for? A few from Italy have not sold at just over £2k.

put a reserve on of £1500,first time it went at 1.7k but the buyer had a problem with paypal and after 3 weeks of them holding his money he backed out.
second time it went at 1.5k but have not heard from the winner since.timewaster!
didnt know what would be a reasonable price for it?

Looking on Timezone they seem to go for between $2,500 and $3,000 so £1500 doesn't sound far off the mark, perhaps a bit toppy but not much.

did'nt know wether it was worth hanging on until the 40th anniversary?see if they go up much?

Send you a mail. With regards to waiting - there has been a special edition speedmaster for apollo 11 virtually every 5 years and none seem to go up especially. I imagine there will be a new one next year which will be the 'thing to have'.

yhm

[Captain Chaos]

jshell said:

Hi, I bought the xxxx/1957 Speedy and love it to bits. It may not be strictly 'true' to historical build but I don't care and haven't regretted getting it once! The box comes with additional Croc strap which is nice to use from time to time. From what I gather on other Watch forums, Omega make a loss on every one of these watches as the overall cost of design & build isn't covered by retail price. I almost bought the matching yellow gold in Glasgow a while back, but that would be too much. I'd really love the Rose Gold one though. There are 57 of each yellow, white and rose.

I bought my watch in Geneva for about 4.5k - ish, but had a LOT of freebies thrown in! That made it well worth it.

Hi Jshell. No of course it isn't strictly true to build etc but it is highly unusual. I really do like it but just want to find it at a reasonable cost (reckon should be able to get £1k off list as it is obvious they have had difficulty shifting them).

The 57 of each gold examples are interesting but I can find the yellow and rose versions for sale but not the white gold.

Anyone have an idea where I can get the WHITE GOLD version?

[Maxf]

One thing to note about the xxxx/1957 - it has 100m water resistance and the display back (normal speedys have on 50m water resistance so not that wearable for holidays/swimming etc). If I could get one for 4k I'd probably jump at it - but at 5.5k they are just too expensive for what they are.

[jshell]

Maxf said:

One thing to note about the xxxx/1957 - it has 100m water resistance and the display back (normal speedys have on 50m water resistance so not that wearable for holidays/swimming etc). If I could get one for 4k I'd probably jump at it - but at 5.5k they are just too expensive for what they are.

As if by magic: http://cgi.ebay.com/OMEGA-SPEEDMASTER-50TH-ANNIVER...

A seller with 100% +ve feedback from 5000+ sales.....!!!

[jshell]

Captain Chaos said:

jshell said:

Hi, I bought the xxxx/1957 Speedy and love it to bits. It may not be strictly 'true' to historical build but I don't care and haven't regretted getting it once! The box comes with additional Croc strap which is nice to use from time to time. From what I gather on other Watch forums, Omega make a loss on every one of these watches as the overall cost of design & build isn't covered by retail price. I almost bought the matching yellow gold in Glasgow a while back, but that would be too much. I'd really love the Rose Gold one though. There are 57 of each yellow, white and rose.

I bought my watch in Geneva for about 4.5k - ish, but had a LOT of freebies thrown in! That made it well worth it.

Hi Jshell. No of course it isn't strictly true to build etc but it is highly unusual. I really do like it but just want to find it at a reasonable cost (reckon should be able to get £1k off list as it is obvious they have had difficulty shifting them).

The 57 of each gold examples are interesting but I can find the yellow and rose versions for sale but not the white gold.

Anyone have an idea where I can get the WHITE GOLD version?

Sorry CC, nae idea about the White, but fancy PM'ing me with the location of the Rose?

[Maxf]

jshell said:

Maxf said:

One thing to note about the xxxx/1957 - it has 100m water resistance and the display back (normal speedys have on 50m water resistance so not that wearable for holidays/swimming etc). If I could get one for 4k I'd probably jump at it - but at 5.5k they are just too expensive for what they are.

As if by magic: http://cgi.ebay.com/OMEGA-SPEEDMASTER-50TH-ANNIVER...

A seller with 100% +ve feedback from 5000+ sales.....!!!

Nice! Closer to 4.3k though, then add 22% duty to get it into the country and that takes it to 5.1k

[jshell]

Maxf said:

jshell said:

Maxf said:

One thing to note about the xxxx/1957 - it has 100m water resistance and the display back (normal speedys have on 50m water resistance so not that wearable for holidays/swimming etc). If I could get one for 4k I'd probably jump at it - but at 5.5k they are just too expensive for what they are.

As if by magic: http://cgi.ebay.com/OMEGA-SPEEDMASTER-50TH-ANNIVER...

A seller with 100% +ve feedback from 5000+ sales.....!!!

Nice! Closer to 4.3k though, then add 22% duty to get it into the country and that takes it to 5.1k

Agreed, but brought mine back into the country myself. There will be some left around Geneva though.... Was in Houston couple of weeks ago and saw one in a shop at the Galleria, however the sales lady told me there's a price increase coming soon. Dunno if it was sales BS though!

[jshell]

Captain Chaos said:

Or does anyone know if one of the 57 white gold examples are available anywhere? I found a dealer called Banks Lyon has the yellow and red gold versions but a white is more stealthy......only 57 of those.

Rose gold is sold.