Long story short, I picked up a new 3861 Speedy from the Omega Boutique last weekend and already had it listed for sale 4 days later. I'd like to share my rationale for doing this with you all to help you with your decision on whether or not to pick one up.
As someone who already had purchased a brand new 1861 005 hesalite in November, I was already still just getting that new watch worn in before the opportunity to buy the 3861 was brought to me. Having already owned 6 Speedy's prior to the 3861, I was very familiar with the fit of the watch on my wrist and what worked well for me and what did not. For me, when purchasing a watch, there are a few important factors I think about as part of my decision making process:
1.) Aesthetics - do I like the way the watch looks
2.) Fitment/Comfort - how well does the watch fit on my 6.75" wrist and how comfortable does it feel?
3.) Accuracy - as a higher dollar purchase, I am expecting a certain threshold of accuracy based on that price(Seiko vs. Rolex)
4.) Brand Equity - where the brand ranks in the market and the price point associated with that rank
I have been flipping watches for well over a decade now because there was always a deviation up or down on the above 4 factors. As my income grew over the years, so did my budget for high end timepieces. I will tell you guys now that I already own the Rolex 116500LN white Daytona and 126710BLRO GMT-Master Pepsi. These two pieces definitely hit a top score in all 4 areas above.
Now, if I apply those factors to the 3861, here were my thoughts:
1.) Aesthetics - Loved the improved stepped dial look, and the new bracelet. However, I did not like the clasp as much or the fact that there is a notched taper on the last link due to the consistent width of the clasp and the bracelet links:
This is only an issue if your perfect fit means putting the watch on the last micro adjustment.
2.) Fitment/Comfort - I definitely had an issue getting a perfect fit with the 3861 due to the lack of additional micro adjustments. Had Omega provided 3 drilled holes, it would have been better. The other issue I had is the rounded bracelet links. Because the inner portion of the bracelet shares the same bumpy rounded shape as the outer, at times it would pinch my skin. What you will notice with other bracelets is that they will flatten the inner portion of the bracelet in order to allow it to wrap around the wrist seamlessly.
Now lets compare this to my Rolex President so you can understand what I mean as far as the flat inner and rounded outer shape of the links:
This is something Omega should have done with this bracelet. I hate to say it, but I think one of the reasons why the engineers at Omega opted not to do this is because they would have been criticized for trying to copy the Rolex day-date bracelet. The other problem I had is the taper was a bit too aggressive. With a 15mm clasp taper and a 42mm watch head, there was enough of an imbalance with the watch being either too loose or too tight that the head would shift when it was loose and almost pinch my wrist with those rounded links. A more balanced watch to bracelet ratio would have prevented this.
3.) Accuracy - So my 1861 has been very consistent around +5 seconds per day. The 3861 appears to average from +3-4 seconds a day. Still good, but with the METAS certification I was expecting a little better than what I had. And to me, the hacking feature of the movement really was less of a selling feature due to the fact that the accuracy wasn't a bit more precise. Again, I know not all of you are accuracy junkies, but I am. The upgrade to me wasn't netting me the type of accuracy I get from my Rolexes which is about +1 a day consistently. The other issue is with a hand wind movement, there is so much variability that can still occur with the accuracy such as when you wind the watch, how you rest it, etc. Bottom line is, the METAS certification seemed more like marketing to me but the performance results weren't anything mind blowing.
4.) Brand Equity - So I paid shy of $7K for the 3861 and $4300 for my 1861 both brand new. Both watches I think are still within the value I would associate with the brand. If Omega was asking $9-10K for this watch, I'd be more in pre-owned Rolex territory so I did not have an issue with the price. However, if I am comparing $4300 to $7K, paying over 50% more than my 1861 for similar accuracy, less comfort, and moderate aesthetic upgrades, it just didn't make as much sense for me to keep the 3861.
It didn't take long for me to sell the 3861 and I did take a bath on the price I paid because I don't believe in price gouging, but overall I am happy I had the opportunity to try the watch, and also to share my review of it with all of you. I want to use my learning experience to help all of you as much as possible. The 3861 is still a beautiful watch and I think still worth Omega's asking price. However, I think you guys who own a 1861 should wait until market prices simmer as stock becomes more readily available. I already confirmed the new bracelet fits on the 1861 in another one of my threads so if you really love the bracelet that much, you can pick it up down the line.
Click to expand...