Whether you know Omega from the James Bond movies or from the Apollo 11 mission to the moon where Buzz Aldrin wore his Omega Speedmaster while standing on the moon.
The watch brand has a bright history and is well known among a lot of people. For many people obtaining an Omega watch is a goal in their lives.
But is a watch from Omega really worth it?
Read on to find out all the things you have to know before buying your Omega.
Omega Watches Can Be Expensive
A brand new Omega Seamaster in steel starts at $4.400,- but this model can go up to $51.900,- for the “James Bond” Numbered Edition.
The other famous Omega Speedmaster, which is known for being the first watch on the moon, starts at $5.350,-, the white gold model will set you back a bit more, selling for $45.300,- this is a bargain compared to the James Bond Seamaster.
So a brand new Omega can cost you whatever you want to spend at the boutique.
Of course, you could go look on the secondary market for your Omega watch.
The website Chrono24 has plenty of authorised sellers which will be glad to sell you a proper Omega watch.
Here you can get an automatic Seamaster for $2310,- that is almost $1100,- which you will save.
The Speedmaster on the secondary market starts around $3520,-, that’s still $1830,- less than a brand new one.
The thing you gotta remember when getting a second-handed watch is that it is possible the watch isn’t complete with the original box and papers.
Tho authorised dealers still give a warranty on them.
The other thing is the service history on a watch, sometimes you can be lucky and get a watch with all the service history, sometimes it comes with none.
Here again, when you get the watch at an authorised dealer he can tell you about the status of the watch.
When you get the watch from a private seller, I recommend going to a watch store and having the watch checked out or serviced.
Good Value For The Money
Omega watches tend to keep their value, just like a Rolex watch.
These watches are made to tell the time forever, if you keep your Omega watch serviced you can wear the watch for generations.
So let’s get back to the Omega Speedmaster, the watch that costs you $3520,- on the secondary market right now, did cost around $1990,- in 2010.
In 12 years the watch has increased in value with $1530,- that’s a 77% gain on your purchase.
That’s what I call good value for the money.
Value of the Omega Speedmaster Professional (Reference number 3570.50) between 2010 and 2021.
You can’t avoid fake watches these days.
They are 1:1 replicas of the real deal and are hard to tell apart from the genuine ones.
When you see an offer of an Omega Speedmaster for $1000,- you shouldn’t trust it.
The rule here is, if it is too good to be true then it is.
If you aren’t sure about a watch you can always ask the seller to go to an authorised watch dealer which can tell you more about the watch you’re trying to buy.
History Of Omega
Omega was found in 1848 and is older than Rolex itself.
The brand was found by Louis Brandt in La Chaux-de-Fonds, Switserland. In the 1930s and 40s, the brand was making pocket watches for the military of the Third Reich.
In the following years after the second world war, Omega grew to the second-largest producer of watches in the 70s.
After some harsh first years in the 80s, Omega made a comeback as a blooming company.
The company really made its name in 1965, with the launch of Apollo 11 where they provided the astronauts with their Omega Speedmaster model.
This watch is known as the first watch on the moon.
A couple years later in 1970 with the help of the Omega Speedmaster, NASA was able to get the three astronauts of the Apollo 13 mission back home on earth.
Later in 1995 Omega provided watches for the James Bond movie.
The Seamaster model has been the “James Bond watch” ever since.
In 2021 Omega released a dark grey Omega Speedmaster to celebrate the release of the new James Bond, No Time to Die.
Investment Or Daily Watch
When buying an expensive watch you can put yourself in two categories.
In the first one, are the people that buy the watch as an investment.
They think the watch will go up in value and if they keep it all nice and clean they can sell it for a profit.
Which isn’t bad, but considering you’re buying your first watch you ain’t gonna fit in this group.
In the second group, we have the people that love the brand.
They love the heritage and story of Omega.
Their goal is to obtain a watch from Omega once in their life.
This group is proud to wear an Omega watch so they do this daily, but with care.
I myself fit in this group when I bought my first Omega Speedmaster.
One group isn’t better than the other, you only need to know for yourself in which one you fit.
So, Is A Omega Watch Worth It?
From my personal experience, I would 100% recommend anyone who considers buying an Omega watch to do it.
They are beautiful, practical watches that will fit any outfit you can imagine.
The history of the brand is amazing and they are a recognized watch brand by many people.
If you want an Omega watch, save it in the box and maybe make some money out of it.
Then it could be worth it as well. Tho I don’t have any experience in trading watches yet.
Is an Omega watch worth it for you?
That’s always for you to decide.