Not bad for a frankenwatch... ;)

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Sadly, you're a little late to the party. I bought mine from Ofrei when I heard they were loosing their Omega parts account. You're best bet is relentless searching watchrecon.com and eBay.com, but be ready to pay now that the supply has dried up. You may have better luck searching for a Apollo XI 35th Anniversary. It has the date in red under the world professional and all silver hands.

SpeedmasterPanda-8.jpg

What about buying used? Do I just make sure it's a Pro? The Mitsu/Koshi dials are only for Pro size correct? Then I could just buy whichever hands I wanted. But getting the Pro with the panda already in place would be the main objective. Are people selling fakes of these that I need to watch out for that are good enough to trick a trained eye?
 
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Here is mine. I absolutely love it! It's my second Panda build. The first had black & white hands. (2nd picture). I sold it and of course immediately regretted it, so I had to get another. That being said, you see the silver hands on my current version. I think they look classy as hell, and really pop against the dial.
Speedy%20-%207_zpstyv2xgal.jpg

Here is 1st build as a comparison with hands:
Omega-1_zpsf67e5d78.jpg
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What about buying used? Do I just make sure it's a Pro? The Mitsu/Koshi dials are only for Pro size correct? Then I could just buy whichever hands I wanted. But getting the Pro with the panda already in place would be the main objective. Are people selling fakes of these that I need to watch out for that are good enough to trick a trained eye?

I'll try to answer your questions and hopefully answer ones that you haven't asked so as to guide you through the process and not have multiple posts of questions asked over and over again.

-Yes, the Mitsukoshi dial will only work with Speedmaster Pros with cal 861/1861/863/1863/movements. I guess technically they can also be used in Speedy Pro Mark II's since the dials and hands are interchangeable, but I've never seen or heard about any mods that've been done with a Mark II.
-Speedmaster Pro hands come in a slew of different colors so yes, you can pick pretty much any colors you want. You just have to make sure you get the correct hands for each function and subdial as the posts are different sizes.
-Getting one that's already been converted would save you the time/effort/hardship of sourcing the parts and a qualified watchmaker to do the dial and hands swap. But with any watch purchase you will not know the full history of the watch for sure but will have to take the word of the seller.
-It's very hard to sell a fake of the dial since it has such particular design elements that are hard to replicate as long as you know what to look for.Study up on pictures and posts on other's project watches so you know the elements by heart.
-However, technically all Mitsukoshi mods are "fakes" since the dial is NOT original to the watch from the factory
-The dial and hands will be available forever but being able to purchase them is another matter. You will have to purchase either directly from Omega or from a watchmaker with an Omega parts account. Omega NEVER sells individual parts unless they confirm you own the original watch that the parts are made for, and I believe they extend a similar policy to watchmakers.
-Truth be told it's very improbable that any new modded Mitsukoshis will be made from now on. The parts supply of the dial and hands has dried up due to the tightening by Omega. So if you really want one you'll most likely have to purchase one that's already been converted.

Sorry for the bad news, but it's the foreseeable future.
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A few comments...

-Yes, the Mitsukoshi dial will only work with Speedmaster Pros with cal 861/1861/863/1863/movements. I guess technically they can also be used in Speedy Pro Mark II's since the dials and hands are interchangeable, but I've never seen or heard about any mods that've been done with a Mark II.

Using a regular Speedy Pro dial in a Mk II does not work particularly well, at least to my eye. Mk II dials are flat, where Speedy Pro dials are not. Might even cause issues with how deep the movement sits in the case...

-Speedmaster Pro hands come in a slew of different colors so yes, you can pick pretty much any colors you want. You just have to make sure you get the correct hands for each function and subdial as the posts are different sizes.

They do come in a number of colours, but are not exactly unlimited...of course they can always be painted...

-However, technically all Mitsukoshi mods are "fakes" since the dial is NOT original to the watch from the factory

Omega is not Rolex - they don't use such strong language for watches that have been modified. Calling them fakes is perhaps a but much, but if you want to call them franken watches, that would apply in my view, but they are not fakes if all parts are genuine Omega and the origins are fully disclosed. FYI - Omega actually allows watches to be converted from one model to another, provided that the conversion is complete (so no mixing parts from different models), but that does not extend to LE's.

-The dial and hands will be available forever but being able to purchase them is another matter. You will have to purchase either directly from Omega or from a watchmaker with an Omega parts account. Omega NEVER sells individual parts unless they confirm you own the original watch that the parts are made for, and I believe they extend a similar policy to watchmakers.

Parts are never available "forever" but the part is readily available from Omega (for those with access) so I get your point. However the idea that Omega would sell to an individual member of the public (not a watchmaker) if they own the watch is false, of that's what you are implying. Omega will sell some parts directly to consumers, but those are usually limited to bracelets, straps, and that sort of thing, not movement or case parts like dials and hands. Only watchmakers approved by Omega with parts accounts can order these parts.

For watchmakers, Omega does not require any proof that you are servicing a particular watch to order the parts for it, so that is false. That might not be the case forever mind you, but for now if I need a parts for a particular watch, I just order and they don't ask any questions.

Cheers, Al
 
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What about buying used? Do I just make sure it's a Pro? The Mitsu/Koshi dials are only for Pro size correct? Then I could just buy whichever hands I wanted. But getting the Pro with the panda already in place would be the main objective. Are people selling fakes of these that I need to watch out for that are good enough to trick a trained eye?

I was going to respond, but it looks like the resident expert beat me to it. 😀
 
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I have the Mitsukoshi dial and silver hand set, but I can't decide whether to convert my vintage Speedmaster 145.022 or buy a donor 3570.50 to modify instead. My extract of the archives dates mine to Oct 16, 1976. I kinda like the vintage look as is, so I'll likely pick up another watch to modify when I'm ready.

If did mod my vintage watch it could be sacrilege, so of course I'd save the dial and hands, but I'd also want to upgrade the bezel to one that isn't aged and chipped. And then there's the issue with the rattly 1171 bracelet, because I'd prefer a watch with the 1998. Rather than buy a bezel and bracelet for my old watch, I suspect I'd be better off picking up a newer watch and not violating the vintage one.
 
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I have the Mitsukoshi dial and silver hand set, but I can't decide whether to convert my vintage Speedmaster 145.022 or buy a donor 3570.50 to modify instead. My extract of the archives dates mine to Oct 16, 1976. I kinda like the vintage look as is, so I'll likely pick up another watch to modify when I'm ready.

If did mod my vintage watch it could be sacrilege, so of course I'd save the dial and hands, but I'd also want to upgrade the bezel to one that isn't aged and chipped. And then there's the issue with the rattly 1171 bracelet, because I'd prefer a watch with the 1998. Rather than buy a bezel and bracelet for my old watch, I suspect I'd be better off picking up a newer watch and not violating the vintage one.

I was in the exact same quandary as you @larryganz and decided on saving for a "donor" modern Speedy Pro instead of using my 863 Tritium 3572. The reasons being:
-The tritium dial will only get better with age as it picks up some patina and darkens
-Tritium Speedies (especially pre-80's) seem to appreciate better than Superluminova, so keep it original so as not to risk any damage from the conversion and ruin the value.
-If something happened to the lumed hands during the swap then finding replacements would be tougher for Tritium than Superluminova.
-The rather dressy Mitsukoshi dial matches better with a pristine watch IMO
-You'll have TWO great looking Speedies instead of just the One in the end!

Get a donor for not that much and have the best of both worlds.