27xxxxxx serial Speedmaster 145.022-74's might be original after all

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TLDR: Perhaps those 145.022-74 Speedmasters with very early serials, even as low as 27xxxxxx, are original after all. This based on (a) the large number examples seen over the years, (b) a statement made in MWO regarding outlier serials in the 145.022-71 and -74 and (c) the original papers that came with a recent new acquisition of mine, which seems to be an unmolested specimen carrying a 27328xxx serial.

For those still interested, here is the full version.

Introduction and prior discussion
Over the years, multiple threads have been started mentioning early serial 145.022-74's, which almost exclusively ended in the conclusion that the Speedmasters concerned had either been subject to a movement swap, or were full Frankens altogether. In multiple of these threads, I have also been on the 'this must be a Franken' side of the argument. A few examples can be found here:


Additionally, dealer listings occasionally also produce unusually early serials of 145.022-74's, like this one: https://www.vintagemasters.eu/product/vintage-omega-speedmaster-145-022-74-from-1969-74/

By all means, I would not claim all the Speedmasters discussed here are (entirely) original as they came off the factory, but there at least seems to be some sort of pattern where movements with 27xxxxxx and 31009xxx serials are regularly ending up in 145.022-74 cases.

@eugeneandresson eloquently mentioned the quartz crisis and resulting decline in (Speedmaster) sales as one of the possible explanations for early movements to have been lying around at Omega for years until they ultimately got married to much later 70s cases. This sounds plausible to me, let's try to find out more...

MWO
Extracts of the Archives might not help much in these cases as they don't list the sub reference these could only confirm that the movements are originally destined to sit in a Speedmaster. Moonwatch Only does provide a bit of a clue (thanks to @Wylie194 who referred to this in one of the topics linked above) under the description of the 145.022-71 and mentions the 145.022-74 as well. This text, however, has been disputed too.


New example
At the very close of 2024, this 145.022-74 landed on my doorstep, which could provide a further data point towards the originality of early serial 145.022-74's. In this case, the serial is 27328xxx Apologies for the relatively poor pictures, daylight is in short supply here at this dreary time of year.

To my eyes, this watch is completely unmolested and almost textbook correct. Sharp correct case and bezel, lovely dome dial and as some of you might have already noticed, rather orange lume in the chrono seconds hand in comparison to the other hands. The latter is actually something commonly seen in this specific reference. The only thing that deviates from MWO is the presence of a very good condition 1116 with the correct vintage 575 end links. This is a bit strange as one would expect this bracelet only up to the 145.022-71, still, no reason to doubt this examples originality, I think.

What is actually new about this example, though, is that I believe it is the first one to turn up with original papers, confirming the early serial and a sale in September 1975...


Preliminary conclusion
Based on the discussions that took place here before and taking this new example as an additional data point, I am to believe that Omega did indeed deliver a number of 145.022-74's with older movements that had been sitting around Bienne for quite a while. I would definitely welcome more discussion and data points to see if we can establish that those early 145.022-74s are actually original and should no longer be considered Frankens. As soon as the EoA service opens again (if ever), I will still request an extract for this watch to confirm the movement started its life in a Speedmaster, but I have little reason to doubt this given the condition and presence of original papers.

Discussion welcome! 😀
 
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What a beautiful example! Compelling argument and if they had extra movements in stock I’m sure there were 1116 bracelets as well.
 
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Same for the Holy Grail stock caliber 1045 mounted a few years later , and in terms of paperwork clean but in extract not validating the watch model.
 
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Bracelets cannot be used for dating as heads and bracelets shipped separately and the buyer could choose from the available bracelets at the dealer.


I have a hot take on these that not everyone likes.

These are un sold pre certified casebacks watches which sat unsold and Omega took them back and updated them or sent update kits to the regional importers and had them updated.
 
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Bracelets cannot be used for dating as heads and bracelets shipped separately and the buyer could choose from the available bracelets at the dealer.


I have a hot take on these that not everyone likes.

These are un sold pre certified casebacks watches which sat unsold and Omega took them back and updated them or sent update kits to the regional importers and had them updated.

Interesting theory; have you uncovered any supporting evidence over the years? It would have been a somewhat expensive proposition for Omega to replace dials and case backs on unsold stock to update those pieces to make them more sellable. I doubt the average consumer would notice (or even care about) the differences between stepped/domed dials or pre-moon/medallion case backs. I suppose it’s not out of the question, it just seems unlikely.

The more plausible explanation is that Omega purchased more 861 components post-moon landing than demand would require. Many of these components then sat around for years before assembly.

I’ve often wondered if any OF members are friendly with retired Omega employees who might be able to shed more light on mysteries such as this.

My recently acquired 74ST #3132XXXX:

 
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Bracelets cannot be used for dating as heads and bracelets shipped separately and the buyer could choose from the available bracelets at the dealer.


I have a hot take on these that not everyone likes.

These are un sold pre certified casebacks watches which sat unsold and Omega took them back and updated them or sent update kits to the regional importers and had them updated.
Possible, certainly possible. In this case that is not very straightforward though, as it would have meant an updated dial (from step to dome) too. Still, possible.

On second thought; I doubt this would really be the case. Because of the case. A 273xxxxx like mine would in the theory of previously shipped and unsold watches have been sitting in a 145.022-68 with a very specific caseband shape and DON. So, that would have meant a conversion of not just a caseback, but also dial and full case.

As much as I like the theory as an interesting hot take, the simplest explanation is usually the best. And the simplest IMHO would simply be an overstock of movements originating from approx '69. No surprise as demand forecasting must have been impossible at the time (as admittedly it currently still is!) given a spike resulting from the moon landing publicity and the upcoming quartz crisis.
Edited:
 
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Interesting theory; have you uncovered any supporting evidence over the years? It would have been a somewhat expensive proposition for Omega to replace dials and case backs on unsold stock to update those pieces to make them more sellable. I doubt the average consumer would notice (or even care about) the differences between stepped/domed dials or pre-moon/medallion case backs. I suppose it’s not out of the question, it just seems unlikely.

The more plausible explanation is that Omega purchased more 861 components post-moon landing than demand would require. Many of these components then sat around for years before assembly.

I’ve often wondered if any OF members are friendly with retired Omega employees who might be able to shed more light on mysteries such as this.

My recently acquired 74ST #3132XXXX:

The entire marketing campaign at the time was based around the moon landing people wanted the certified casebacks.

I have a database of -74 and -76 pieces with details and extracts. I was trying to solve the mystery of the step dial 74’s and when the -76 font change happened. It was Sept of 77.
 
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Possible, certainly possible. In this case that is not very straightforward though, as it would have meant an updated dial (from step to dome) too. Still, possible.

On second thought; I doubt this would really be the case. Because of the case. A 273xxxxx like mine would in the theory of previously shipped and unsold watches have been sitting in a 145.022-68 with a very specific caseband shape and DON. So, that would have meant a conversion of not just a caseback, but also dial and full case.

As much as I like the theory as an interesting hot take, the simplest explanation is usually the best. And the simplest IMHO would simply be an overstock of movements originating from approx '69. No surprise as demand forecasting must have been impossible at the time (as admittedly it currently still is!) given a spike resulting from the moon landing publicity and the upcoming quartz crisis.
The DON point is interesting but the serials are more aligned with -71’s which would have had DNN’s but hippo casebacks.

As for why the step was lost, would be the tritium would be near the 2/3 mark and dimming so the current no step would be the replacement.
 
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It doesn’t add any credence to the argument either way really but I have an early -68 transitional with a 26,555xxx serial which came with a straight landing caseback. I bought it in a really sorry state and it certainly hadn’t had any work for a couple of decades.
There’s only two possibilities really;
1. The casebacks were mixed up by a careless watchmaker at some point.
2. The dealer added a new caseback at the point of sale as people wanted a commemorative moon landing caseback rather than the plain pre-moon caseback.

I can’t know for certain but as the two backs are fairly different and the original owner was adamant it was the original caseback, I think option 2 is more likely in my case.
 
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The DON point is interesting but the serials are more aligned with -71’s which would have had DNN’s but hippo casebacks.
For the 31009xxx serials that might be true, for the 273xxxxx serials it surely isn’t correct. I’ve seen no less than eight 145.022-68s (and matching EoA’s) in that exact serial range with zero -71s falling in the same range.
 
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It doesn’t add any credence to the argument either way really but I have an early -68 transitional with a 26,555xxx serial which came with a straight landing caseback. I bought it in a really sorry state and it certainly hadn’t had any work for a couple of decades.
There’s only two possibilities really;
1. The casebacks were mixed up by a careless watchmaker at some point.
2. The dealer added a new caseback at the point of sale as people wanted a commemorative moon landing caseback rather than the plain pre-moon caseback.

I can’t know for certain but as the two backs are fairly different and the original owner was adamant it was the original caseback, I think option 2 is more likely in my case.
The extracts show the later reference, so it was not swapped at the time of sale.
 
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The extracts show the later reference, so it was not swapped at the time of sale.

I’m not sure i follow. Are you referring to your sample or my watch?
An extract just shows the year of manufacture and reference (145.022) which is correct for both a -68 and -71 or -74 and wouldn’t suggest one option is more or less likely for my watch.
I’m simply saying I think on occasion it’s possible dealers ‘upgraded’ pre-moon casebacks to ‘moon landing casebacks’.
 
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I’m not sure i follow. Are you referring to your sample or my watch?
An extract just shows the year of manufacture and reference (145.022) which is correct for both a -68 and -71 or -74 and wouldn’t suggest one option is more or less likely for my watch.
I’m simply saying I think on occasion it’s possible dealers ‘upgraded’ pre-moon casebacks to ‘moon landing casebacks’.
These are the early serials with extracts with later delivery. Not watches with early delivery on the extracts and later casebacks.
 
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These are the early serials with extracts with later delivery. Not watches with early delivery on the extracts and later casebacks.

I get that. I’m simply saying I don’t think it’s beyond reasonable possibility that dealers, the Omega factory in ‘69 or the early 70’s (or dealers under the direction of Omega) ‘updated’ some elements of older, unsold stock to ride the wave of popularity of the moon landings.
 
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I’m wondering if you are seeing some watches originally bought through the military post/base exchanges. I have one of the ‘74s with a 28,08xxx and another ‘74 with a 32,20xxx, both bought new by father at the Army post exchange at Ft. Rucker, AL in 1975. One was his and one was given to my grandfather. My father swears that neither watch have ever been sent in for service except his with the 32,20xxx serial number to have the hesalite crystal replaced because he cracked it. He said at the time, the base exchanges had a ton of these watches and were sold fairly cheaply at the time.

I’ve posted before, that it is known that some manufacturers will send specially produced items to military exchanges that are ‘different’ than the equivalent of the open retail market. Different meaning, specialized model numbers, slight material differences, etc..

 
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I’m wondering if you are seeing some watches originally bought through the military post/base exchanges. I have one of the ‘74s with a 28,08xxx and another ‘74 with a 32,20xxx, both bought new by father at the Army post exchange at Ft. Rucker, AL in 1975. One was his and one was given to my grandfather. My father swears that neither watch have ever been sent in for service except his with the 32,20xxx serial number to have the hesalite crystal replaced because he cracked it. He said at the time, the base exchanges had a ton of these watches and were sold fairly cheaply at the time.

I’ve posted before, that it is known that some manufacturers will send specially produced items to military exchanges that are ‘different’ than the equivalent of the open retail market. Different meaning, specialized model numbers, slight material differences, etc..

My data did not show this when looking at the extracts.
 
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which sat unsold and Omega took them back and updated them
The Hippo caseback would have looked old after the moonlanding, or by -71 and up, given all the moonwatch advertising so i can imagine clients and dealers wanting the FQ caseback. Combined with slower demand maybe or surplus stock ?
 
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As much as I appreciate how compelling a story it is to think that Omega would have swapped the case backs, there's a few things to consider here:

1. It's not just the caseback, but also the dial in most 145.022-74's is different from the earlier Speedmasters (no longer stepped, but domed)
2. The 273xxxxx serials that are found in the 145.022-71's exactly fit the established and documented range of the 145.022-68. I have personally seen no less than 8 (!) EoA's of 145.022-68's in that same range. If the theory of these older watches being recalled and converted to 145.022-74's holds, that would imply that not just the caseback and dial, but even the case and bezel would need to have been changed. Bear in mind that the 145.022-68 has a very distinct banana-shaped midcase and a DON bezel.
3. Additionally, let's assume that this conversion of 145.022-68's actually has happened, even the hands would likely have been changed. As the careful observer might have already noticed, several 145.022-74's have a very distinctive orange lume plot on the chrono seconds hand. Interestingly enough, none of the 145.022-68's I have ever seen, shared this characteristic. In short; all that would have been 'left' of a converted 145.022-68 into a 145.022-74, would have been the movement.

With all this in mind, I would happily accept that 'old' movements have been lingering around at Bienne, than that full watches like 145.022-68's have been 'converted' to 145.022-74. Without any proof of that conversion operation having happend, of which I have still seen nothing here nor elsewhere, it is unlikely to believe. A simple case of Occam's Razor, or the principle of parsimony, tells us that "the simplest, most elegant explanation is usually the one closest to the truth.”

Either way, we do now have proof of an early serial movement having been sold - and documented to have been so - in a 145.022-74 in 1975. How that watch and its sisters came together will likely remain a mystery.
 
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As much as I appreciate how compelling a story it is to think that Omega would have swapped the case backs, there's a few things to consider here:

1. It's not just the caseback, but also the dial in most 145.022-74's is different from the earlier Speedmasters (no longer stepped, but domed)
2. The 273xxxxx serials that are found in the 145.022-71's exactly fit the established and documented range of the 145.022-68. I have personally seen no less than 8 (!) EoA's of 145.022-68's in that same range. If the theory of these older watches being recalled and converted to 145.022-74's holds, that would imply that not just the caseback and dial, but even the case and bezel would need to have been changed. Bear in mind that the 145.022-68 has a very distinct banana-shaped midcase and a DON bezel.
3. Additionally, let's assume that this conversion of 145.022-68's actually has happened, even the hands would likely have been changed. As the careful observer might have already noticed, several 145.022-74's have a very distinctive orange lume plot on the chrono seconds hand. Interestingly enough, none of the 145.022-68's I have ever seen, shared this characteristic. In short; all that would have been 'left' of a converted 145.022-68 into a 145.022-74, would have been the movement.

With all this in mind, I would happily accept that 'old' movements have been lingering around at Bienne, than that full watches like 145.022-68's have been 'converted' to 145.022-74. Without any proof of that conversion operation having happend, of which I have still seen nothing here nor elsewhere, it is unlikely to believe. A simple case of Occam's Razor, or the principle of parsimony, tells us that "the simplest, most elegant explanation is usually the one closest to the truth.”

Either way, we do now have proof of an early serial movement having been sold - and documented to have been so - in a 145.022-74 in 1975. How that watch and its sisters came together will likely remain a mystery.
The dial and hands would have been expected to be swapped as well as the tritium would be near its end of life at that time.

The bezel is also a good point but I could see it swapped as well to match current production exactly. This too me is the best counter argument.