Hi all,

I am considering buying a 2nd hand Omega Speedmaster Moonwatch from a dealer, but it does not have the red certificate cards. Normally, the watch would still be under warranty until 2023, but the dealer offers a 1-year warranty. Is this a big problem?

Any views you could share would be much appreciated. Thank you.

Alex

 

Price ?

Dealer ? Who, which country, reputable, bricks and mortar or Internet ?

We need more information.

From what you have said it sounds grey market. Price is got to be worth it.....

 

If the price is right and the overall condition of the watch is ok then yes.
Also depends on what you see as something that matters or not.
When I was researching where I was going to buy my Speedmaster (Should arrive soon!) I have decided that even tho I found some mint ones for a very good price I want my watch to be brand new, so when some day it is passed on to my son it's history would have started with me.

 

If you're buying second hand, how did you establish that warranty would extend until 2023?

 

Is the dealer an Omega AD or just a watch store.
If just a watch store in general I do not care for their warranty as their concern is always cheapest fix as their boss is the store that pays them.
If an AD its not the same attitude.

You need to give more info for a good answer.

 

If it was the old 2 year warranty on a speedy and the savings were good I would go for it. With the new 5 year warranty the savings would have to be drastically cheaper than a service to me.

 

Many thanks all for all this information and suggestion.

The watch is the Ultraman model from 2018 limited to 2012 pieces https://www.chrono24.co.uk/omega/omega-speedmaster-moonwatch-speedy-tuesday-ultraman--id15089868.htm. It is in very good condition (worn with little to sign of wear). It comes with everything bar the red certificates, so they are offering a 1-year warranty. The dealer is a reputable one that sells many brands and has very good feedback ratings on Chrono24.

 

Personally, I would prefer to have the complete set when it comes to a limited edition watch like the ST2. It should be priced accordingly.

 

I'm no expert, but I have to agree with this point.
The whole idea of a Limited Edition watch is that it have "no stories".
If you have to explain later why it didn't come with everything, that kind of reduces the overall "value to a collector".

For example, I like the Speedmaster Pro TinTin watch.
But, if I'm going to buy one, I want one that is almost BNIB and with all the documentation.
To me, the value is in its "collectibility", not just its "look".

.

 

So they kept the box and goodies but threw away the cards? Thats weird... unless they lost them? I have never heard of the dealer WatchWay but they only have 44 reviews. You have to very much "buy the seller" and when I search chrono24, I find the seller name and cross search them online. In the case of this watch, I would try to find their online store, if they have a physical building, how long have they been a store, and google: "watchwayswiss omegaforums" "watchway reviews" to see if anyone else has talked about them. If you come back empty handed, you can still proceed with the purchase... but IF you ever decide to sell it, you will take a hit as you are now the person that doesn't have the cards. Or, you can keep looking until you find the full kit.

I second the notion of- I have no interest in dealer warranty. Specially with a small store like this one. I googled them for reviews and couldn't find a thing.

 

In addition to what everyone else said, try not to post the link to the watch you are trying to buy.
Instead attach the photos from the listing and put whatever you see regarding reviews in writing (so “seller xxxxx has 44 reviews...”)
It may seem that we are all close friends here but if you share a bargain (not saying that this one is) don’t be surprised if someone pulled the trigger first.

 

Good point, in general.

But, I will say, for myself, I would never try to slightly out-bid another member here with inside information on a for-sale watch website.

I know there is no guarantee others wouldn't, but I could not reconcile that with myself after the fact.

Better to miss out on the bargain, than to violate that trust. YMMV.

.

 

Why would this particular watch have no cards?? I find that very odd...

 

Thanks all for your very insightful comments and suggestions - much appreciated.
I am a newbie and it is nice to see the support from members on this forum.
As for the suggestions of keeping it vague on the deal I am after, I understand . I am not desperate, so even if it sold to someone else, including someone from the forum, so be it. There will be another opportunity...hopefully.
Thanks again everyone!

 

Box and papers have a value. That value is amplified on a LE where completeness is everything. The full 5 year International transferable Omega warranty also has a significant value, no card, likely no warranty*. I would put an Ultraman without the warranty card and by extension without the full warranty at ~20% lower value than one with. It better be cheap.

* it’s possible the warranty may still apply but you’d need to ask an AD and it may be at their discretion if the is no card.

 

So what do you reckon the price for this should be then?
Thanks again.

 

A lot cheaper than that. I would want that one at a price in the low 5s at most, even from a dealer.

 

You can use filters to search for a similar watch that comes as a full set, see what the average is and deduct 20%.

 

The cards are missing because its a grey market watch, which is a bit strange for a limited edition release, but stuff happens. Do some research on current values. You'll have to decide what the missing cards are worth. A 20% reduction is just pulled out of the air, there is no set figure. Personally, on a watch like this I'd want the full set with all the documentation. There are plenty of the ST2's out there to choose from.