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Breaking News: The New Steel Speedmaster With Caliber 321 “Ed White”

Goose 104
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D dk77
Any truth on discontinuation rumors?
2 month ago there were 30 NIB available now, watches in chrono24, now only 6.

I thought Omega said these were limited production not limited edition so I don't think they will be discontinued any time soon. Perhaps the reason for so few on chrono24 is that people buying them want to keep them or perhaps the production is still very low in numbers?
 
cvalue13
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Goose 104 Goose 104
I thought Omega said these were limited production not limited edition so I don't think they will be discontinued any time soon.

Nobody has any idea what “limited production” means, and there’s just as many folks who think it means “only 3-5k total, obviously” as there are “they’ll make them for decades, obviously”

According to my OB manager, it’s the former - not that OB managers have perfect info, either.
 
C
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Probably a combination of rumors fueling purchases plus the 321 movements now being split among 3 watches without an increase in movement production. They probably diverted most of the recently produced movements to the Canopus gold to build up some stock as well.
 
texasmade
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Given the fact that OB’s won’t take any new names for these, I’m going with that these will be discontinued eventually and by that I mean less than 7k units produced in total.
 
texasmade
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D dk77
Any truth on discontinuation rumors?
2 month ago there were 30 NIB available now, watches in chrono24, now only 6.
This really sucks because my bonus is being paid out in April. I was going to use it to buy a 321 but now all of the prices moved up a few $1000 and are getting harder to find BNIB.
 
stevec14
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I think there’s a few more than 6 available, but nevertheless it’s a low number. I think many who own this do so to keep it. Most owners on these forums are fairly besotted by it (and rightly so). Flippers aren’t as interested in a watch that only makes £2-3k over the £12k retail.

I don’t see them stoping making them, but I do see them continue to be scarce - all ok in my book. I do think they’ll introduce a steel professional model at some point.
 
C
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Very few people buy Ed Whites to speculate or flip, most owners buy them to enjoy, especially the people on the “lists” so few ever even make it to Chrono24 or other sites. Hence the high grey price that keeps rising. If you aren’t near the top of a list already, you’ll likely never be able to buy one for retail and I don’t think grey prices will ever be as “cheap” as they are now. I lucked out and got a NIB for just under $20k last month, the average list price is already a couple thousand more now.
 
padders
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C Carac
Very few people buy Ed Whites to speculate or flip, most owners buy them to enjoy, especially the people on the “lists” so few ever even make it to Chrono24 or other sites. Hence the high grey price that keeps rising. If you aren’t near the top of a list already, you’ll likely never be able to buy one for retail and I don’t think grey prices will ever be as “cheap” as they are now. I lucked out and got a NIB for just under $20k last month, the average list price is already a couple thousand more now.
Pump away but my dealer offered me one....
 
cvalue13
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stevec14 stevec14
I don’t see them stoping making them,

I’m in the opposite camp, and think they’re only going to make a few thousand of these.

I don’t think the move from numbered LE to “limited production” means much other than no longer numbering and keeping hype, and speculation (like this discussion) dialed to max.

Every “hype” sneaker made is unnumbered, “limited production” with only thousands made but tens of thousands of buyers left still clamoring for more to be made - but Nike doesn’t.

Every “hype” handbag is unnumbered, “limited production” with with only thousands made but tens of thousands of buyers left still clamoring for more to be made - but Hermes doesn’t.

Why don’t Nike and Hermes (and every other hype luxury product manufacture) keep pumping out units despite demand? Because, despite what people think of themselves at surface, they only want the sneakers and handbags because they are hard to get. Make them easier to get, and fewer people care.

Applied to Omega and the NEW321, purely conjecture on my part of course. But at the very least, I think there is no good reason to think Omega *isnt* following the hype luxury product playbook.
 
cvalue13
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Goose 104 Goose 104
I suspect the Snoopy might be discontinued before the NEW321

My OB manager suggested the Snoopy will also be a limited run id 3-5k

Though, unlike the NEW321, the Snoopy was at least once purported by someone at Omega to be made “so that everyone who wants one can have one”

Though at this point it seems that those statements were probably off base
 
Travelller
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stevec14 stevec14
I think there’s a few more than 6 available, but nevertheless it’s a low number.
I just had a look-see and found only 5 that were "new / unworn" averaging €19K... add another 4 (also averaging19K) if you don't mind pre-owned. 👍
padders padders
Pump away but my dealer offered me one....
"pump away"... what does that even mean? 🤔
My dealer also offered me one (which I humbly accepted) - so what's your point?
 
pdxleaf
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cvalue13 cvalue13
...the Snoopy was at least once purported by someone at Omega to be made “so that everyone who wants one can have one”

Though at this point it seems that those statements were probably not true

FIFY
 
padders
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KanakaTurks kimo.lee
Did you buy it? Was it at retail price?
Yes at retail. I didn’t simply because it’s a big chunk of change and I already have 2 very similar looking watches in an original EW and FOIS so couldn’t justify it. With the pump comment I wasn’t trying to be rude, simply suggesting they might not be as tricky to get as suggested. That said it was a while ago so maybe supplies are now failing to meet demand.
Edited:
 
C
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Travelller Travelller
"pump away"... what does that even mean? 🤔

I believe he was implying I was attempting to "pump" Ed White prices via a single thread on the Omega forums. Which, I regret to admit, I do not have the power to do. Oh but that I could. Of course what I said was speculation and an opinion based on observation. The steel sports world is out of control at the moment. With the Rolex, Patek, AP, etc. market being what it is, people are searching for pieces you CAN actually buy. Hence the crazy jump in prices for things like the Overseas, barely over retail to nearing 3x MSRP in less than a year. Some of that IS bleeding into supply constrained alternatives from other brands. It won't last forever but those cashing out of crypto are looking to move it into other assets and watches are easy to store, transport, trade, etc. It's a safe bet Ed White 321's are going to continue to appreciate, but who knows where the ceiling is, maybe we're already there, maybe not. My point is that anyone interested in the Ed White as a watch they are going to wear who isn't near the top of a list should consider the current grey market prices as good as it's going to get. Given the market they're more likely to go up than down, esp. if the Canopus Gold model monopolizes some of 321 production while they build up stock.
Edited:
 
texasmade
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padders padders
Yes at retail. I didn’t simply because it’s a big chunk of change and I already have 2 very similar looking watches and an original and FOIS so couldn’t justify it. With the pump comment I wasn’t trying to be rude, simply suggesting they might not be as tricky to get as suggested. That said it was a while ago so maybe supplies are now failing to meet demand.
You might be the only person saying this when the overwhelming evidence is the opposite even from the beginning.
 
stevec14
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Travelller Travelller
I just had a look-see and found only 5 that were "new / unworn" averaging €19K... add another 4 (also averaging19K) if you don't mind pre-owned. 👍
"pump away"... what does that even mean? 🤔
My dealer also offered me one (which I humbly accepted) - so what's your point?
If you search by model number and filter by new & unworn there are 10. Anyway, there are many ways of searching chrono. Interestingly, none are in the US from my search.

a general search by model number shows 15 across the board.
 
Travelller
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C Carac
...My point is that anyone interested in the Ed White as a watch they are going to wear who isn't near the top of a list should consider the current grey market prices as good as it's going to get...
Ah, ok, thx for the clarification. We should've bought Amazon stocks, should've bought Disney, should've avoided Pelaton, ... but I leave the speculation up to the experts. I do agree with you that if the grey-market prices were to go down (for whatever reason), it would be so minimal that no one paying today's prices would lose any sleep 👍

stevec14 stevec14
If you search by model number and filter by new & unworn there are 10...
Steve, I have the exact model no. "saved" as one of my many searches so I can only surmise that Chrono24's search engine is not always 100% correct or perhaps geographical location may cause side-effects. 🤔 Platinum 321s and vintage 321s are not really of interest so I "manually" weed those out if I search with generic terms 👍

you can ignore the 7th which is obviously not a contemporary 321 EW...
51881274511_e0b510f4c2_c.jpg
 
stevec14
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It must be a geographical difference. I see all those plus others inc this one’s from germany, Japan, uae etc. in any case, the number is small

The German one…

DD1DB10A-7503-4290-BC9E-FD87BE06CA69.png
 
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