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Are you sure its meaning is simply just to be an O for Omega?
Nope. But it's a pretty good assumption 馃榾
Haven't the foggiest about the O, but it looks like you have some rotor rub.
What's rotor rub?
And it's not my movement, it's just a google picture.
I doubt it is just a mark for Omega. It was put there for a reason, maybe for trademark purposes, or to signify a particular quality level, or an export mark, or a myriad of other reasons. The reason is probably lost to the mists of history.
That makes sense.
In the past, this has been called an identification for a replacement rotor. Not sure that I've seen anything official confirming this, but replacement rotors do come with this circle when ordered new from Omega.
That the O likely doesn't indicate a replacement rotor, unless all of the movements that appear on the google search carry replacements. Did I misunderstand your post?
To me, the more interesting question is why Omega thought it was desireable to distinguish between the original rotor and a replacement. Are there other parts that have a distinguishing mark when they are sold as replacements?