Speedmaster 2998-61 Repair Reco

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I recently inherited an early model Speedmaster from my father who was its sole owner. He wore it almost continuously, except for the times he was having it repaired.

It appears to be a 2998-61, based on the case back and the dial.

I have not yet met with a watchmaker to look at the movement to confirm whether it’s a 321.

He had it maintained/repaired several times. At least (or maybe only) once he had Omega do it (I remember because he complained about how long it took). On other occasions, he had one or more watchmakers perform repairs. I think the last repair was maybe 8 or 10 years ago.

I understand from the Forum that some of of the seemingly mismatched parts (e.g., hands and bezel), may be a result of Omega’s factory repairs.

The case back shows a model 2998-61. It also has several etchings on the case, a couple toward the top left-hand side (possibly “3066x3”), another couple on the upper right hand side, and some initials and possibly 2-year notations, e.g., “03” and “06.

It has a few working-order issues:

  • The chronometer is not working. The top button will not start the sweep hand.
  • It seems to be retaining some moisture. The crystal will occasionally cloud.
  • The winding mechanism “hitches”. It will wind smoothly sometimes, and seem to catch and wind more loudly and with a less frequent “click”
  • It doesn’t reliably retain power through the night – though some nights it does
  • In the mornings, after having stopped, a simple shake of the watch will get the second hand dial started again – without a wind
  • Otherwise, when it works, it works well, though it seems to lose about a minute a day – but hard to say for sure.
I would love to wear this as my favorite timepiece.

My questions for you amazing aficionados and pros are these:

  • Do I repair it and if so, given the issues, should I use a watchmaker or Omega?
  • If the recommendation is to use a watchmaker, any recommendations on watchmakers – or, if you are one, available watchmakers who’d like to offer their services?
  • Should I try to procure certain original replacements – e.g., correct hands or a bezel? Or do I use newer OEM parts that are somewhat more compatible with the model (e.g., the FOIS anniversary model)?
I am not interested in resale or value per se, and I do not know how Dad felt about the importance of its “authenticity”. But I do think it’d be neat to get it back kind of close to its original production design.

Thank you for your thoughts and wisdom.

 
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What a great watch and great story.

Regarding service: most folks here will encourage you to find a local watchmaker rather than send to Omega, simply because Omega replaces parts. In this case, someone already has: the hands, dial and bezel on your watch are all non-original.

So: I suspect it's a bit of a coin toss in terms of where you'd like it serviced. I personally prefer local watchmakers—they're quicker, usually less expensive, and (for those of us in the US), don't require international shipping. If you note your location, I'm sure people can offer recommendations.

In terms of replacing the parts: the 2998-1 had a Base 1000 bezel; finding an original one of those is tough in terms of both rarity and price. Hands and dial probably aren't much easier to source. It'd be quite a task to get this watch back to something close to its original shape. Fortunately, its great background more than makes up for the replaced parts (imo).
 
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You need;
Deep pockets to get the correct parts. (Thousands of £€$)

A really good watchmaker to do the work.

It might help if you said where you are in the world.
 
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It’s really a shame about the replaced hands — the original alpha hands make this watch. And it might have had the lollipop seconds hand.
 
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What a great watch and great story.

Regarding service: most folks here will encourage you to find a local watchmaker rather than send to Omega, simply because Omega replaces parts. In this case, someone already has: the hands, dial and bezel on your watch are all non-original.

So: I suspect it's a bit of a coin toss in terms of where you'd like it serviced. I personally prefer local watchmakers—they're quicker, usually less expensive, and (for those of us in the US), don't require international shipping. If you note your location, I'm sure people can offer recommendations.

In terms of replacing the parts: the 2998-1 had a Base 1000 bezel; finding an original one of those is tough in terms of both rarity and price. Hands and dial probably aren't much easier to source. It'd be quite a task to get this watch back to something close to its original shape. Fortunately, its great background more than makes up for the replaced parts (imo).
Thanks so much - I appreciate your insights. Sorry - I am located in central US. I also think I learned a great point from your post - does the "1" in the 2998-1 refer to the single digit of the corresponding year "61"? So a -2 is a "62" year? Again, thanks much!
 
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You need;
Deep pockets to get the correct parts. (Thousands of £€$)

A really good watchmaker to do the work.

It might help if you said where you are in the world.
Thank you - and for anyone else looking, I am located in the central states of the US.
 
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It’s really a shame about the replaced hands — the original alpha hands make this watch. And it might have had the lollipop seconds hand.
I agree - I think the original hands made this a standout series. And I seem to recall being mesmerized with the fine second hand sweep that was, I believe, the lollipop version. Would that have been likely on this version?
 
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In terms of replacing the parts: the 2998-1 had a Base 1000 bezel
I think you misread the reference number - its a 2998 -61 not a 2998-1. So it does not need a base 1000 bezel, a DON bezel will do.
IMO the dial is OK for this watch. Hands are the most urgent parts to be replaced (edited)
Edited:
 
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While it may not be all original. Your father wore it the way it was, so just do the same.
 
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I´m with Don here.
Get the watch in working order first, and wear it like your father did😀


..then you can take your time and possibly source correct hands at a later stage, if you feel you want to go that way.

Whatever you do, its history more than makes up for any non-original parts.
 
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Thanks so much - I appreciate your insights. Sorry - I am located in central US. I also think I learned a great point from your post - does the "1" in the 2998-1 refer to the single digit of the corresponding year "61"? So a -2 is a "62" year? Again, thanks much!

Here is my own -61
Wonderful watch and a great reference for me! Thanks for sharing.