Omega Speedmaster Racing 145.012 auction

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I’ll put the chrono hand length and the serial number debate to rest.

I would say that's too short - Sounds picky I know, but it is definitely not a hand I have seen on an original Black Racing. And once one thing has been changed, you have to examine all other things too.

The hand alone would not stop me buying it

Many black racings have issues, we just have to make the judgement call after knowing what those issues are, because waiting for the perfect one will be a long wait. I prefer to own
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Unfortunately, as you probably know, Omega no longer provides extracts to the general public. So if this watch doesn't already have one, it will be difficult to get that information. Insiders can probably get the archival information, so if you have contacts maybe you can get it.
And that's the Point .... Some Auction House Sales with rare Dial Configurations still can get verbal Configuration from the Archives. The Records do not always state long red center second hands ... Or White longer ones ... Rare Dials are mostly mentioned in the Record, but Record Keeping in the 1960's to early 1980's was sometimes not that specific ... Phillips will use these channels, if they want. But first of all they want to make Money ; a negative Answer is counterproductive .... So ...
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That sale price makes the "barn find" London watch look like a bargain! IF it's still available, the reserve price appeared to be set at £38-40,000.

Again : if anyone wants to make a post-sale offer :
https://www.lyonandturnbull.com/
 
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That sale price makes the "barn find" London watch look like a bargain! IF it's still available, the reserve price appeared to be set at £38-40,000.

Again : if anyone wants to make a post-sale offer :
https://www.lyonandturnbull.com/
Not to be picky, but these are two different things - they just look similar. The Pro is an entirely different dial. Also a little easier to find.

I will say the london watch (a pro with drop end central seconds) had a serial in line with known examples.

The london watch is an honest example - just the condition is not what people want at that money.

£40k plus commission in usd is around $65,000. That’s not really cheap and definitely does not take into account the condition of the hands, the dial, the bezel. Well, the whole watch really, which is tired to be generous.

I think if they wanted to sell it they should estimate $15,000 to $25,000 and the market would decide. A black racing at auction never fails to sell at market - I have never seen one regarded as “too cheap”.

Since they didn’t do that then the goal must be profit not liquidation (no judgment) so the consignor must have been the person who bought it from the person who found it, for whom any price was a profit or bonus - and I think that buyer might have messed up and overpaid. Happens to the best of us.