When the coaxial movements came out, a watchmaker of my acquaintenance did quite a rant about the older movements lasting longer and the newer ones being more expensive to repair and other things. Not saying I agree with him, of course, as I have a watch with a coaxial movement myself. But such an attitude apparently exists.
Well, I could make the same argument for Patek Philippe watches made after about 1985, they are a mere shadow of the stuff made prior to their discovery by the masses. But I digress....
Maybe there's a bit of reverse psychology going on here. These "seasoned collectors" are just trying to drive the price of these pieces down so that they can then scoop them up for a song. Either that, or they're just pining after the "good old days".
It's not trolling If everybody enjoys the thread, right? 😉
Well, Omegas are pretty pricey (as are other watch brands). Several thousand dollars for 100 gram of tiny metal pieces and a handful of artificial rubies is quite rich.
Once you accept the overall value proposition (or lack thereof) of this type of wearable mechanical toy, and compare to other watch brands in this price range, Omega is distinguishing itself by investing in developing and commercializing the coaxial escapement. This is something which other watch companies are now picking up on (new or modified escapements).
And they are quite productive creating variations on their distinct design lines, so with some luck they should come out with something wearable for you every few years.😉
So, not junk, but super-expensive toys which nevertheless are good value relative to other watch brands, if you appreciate mechanical innovation in an obscure obsolete technology. 🍿