Thought I'd start a thread on the subject of Speedmaster II values for those interested.

I've been keeping an eye on prices on vintage Mark II sales recently - not the re-issue co-axial. Today saw an interesting result at a sale at Dukes in Dorset. The catalogue description and photos were limited:

OMEGA SPEEDMASTER PROFESSIONAL MKII STAINLESS STEEL BRACELET WATCH with manual wind movement, the black dial with luminous baton numerals and hands, triple subsidiary dials, tachymeter, Omega crown, on Omega Speedmaster bracelet, circa 1970's, the case approx. 42mm dia.

 

Don't keep us in suspense.

 

What did this sell for ?
I got one lying around from 1970 (ish) that I’ve been thinking about putting on Chrono24.

 

to continue - the estimate was £2000-£3000, and the hammer price was £1800. Commission and VAT bring the total to roughly £2,250. Given the lack of condition report/photos/history, you'd assume a service was required. So all in all, a fair price tag for Mark II bought at auction. I watched another sale at Watches of Knightsbridge a few months ago, and another 145.034 barely scraped £1000. A bricks and mortar establishment in London's west end currently have one retailing at £3,500 (when they were selling one in February for £2500.)

So my question is - what's going on with Mark II values? I think these have been all over the place for a while, based on comments on this forum. I've spoken to a vintage watch specialist in Clerkenwell, and he said they are going up - is this the sometimes cited uplift people have predicted as the Moonwatch prices start to escalate?

As ever, interested in your views and experiences...

 

This is one of my favourite watches. I've had a few pass through my hands over the last decade and currently have one that is mint with (black crater) box and papers. The first one I had was a 145.034 (steel) and was £800. The current one cost £2300, bought retail, but the seller had no clue what the box is worth. The last I sold was absolutely honest and STS serviced - let a friend have that for £1300.

So, I reckon current value, watch head and bracelet, is in the £1500-2500 range.

 

Yep, prices all over the magasin, racing fetch more in my view

 

What i can say for the german market is, that you can get some good examples between 1.700€ - 2.500€ at the moment.

BTW: Maybe it´s interesting for you that the Picture from the auction house shows a replacement crystal. I had a nice conversation with a member here and i made the Picture underneath for comparsion.

On the left side is a part of the orignal advertising from the early 70´s.

 

Um... why does that read “Seamaster” and have Speedmasters under it?

 

So let me get this right is the Mark II getting more valuable or should I just get this sold ?

 

Notice the seamonster on the back ? It is part of the Seamaster line.

 

More valuable or more variable?

 

I just picked up one on Ebay for 1300$

So I got it for a song and a dance. It's in rough shape. What do you guys think?

https://rover.ebay.com/rover/0/0/0?mpre=https://www.ebay.com/ulk/itm/303158526191

 

Never trust dealerrs o

*consults crystal ball*

Hmm... the future is uncertain.

 

For the price I think it’s a great deal but it’s not the original bracelet is it ? Does it have omega clasp and is it a omega bracelet?

 

Haha yeah I might need to do that

 

Here is my Mark II (with the stunning "Racing Dial") which I bought at the German "eBay Kleinanzeigen":



I have paid 1.300€ - hard to find at that price. I know that the optical condition (from the real collector view) is not the best but I am in contact with a watchmaker who is able to bring back the original "shape and shine".

 

Of course I know the sea monster on the back. I’ll bite though as I truly do not know, you messing with me?

 

I'm not messing with you. I think the speedy was a (specialized) part of the general seamaster line, sharing the same logo and technology (waterproof crown and back), so seeing them advertised as such does not surprise me. I won't pretend that Omega advertising is always clear though...

 

It has the omega clasp. But im.looking now for an inexpensive bracelet. Do you perhaps have one?

 

The future definitely is uncertain. What was interesting about the sale result I originally posted was that a pretty ordinary looking Mark 2 (as far as one could tell from the info and crap pics) sold for around £2250. As Wuza72 pointed out, there may have been replacement parts also. If you factor in the cost of service, this value of this watch exceeds the bricks and mortar retail cost earlier this year. So based on this snapshot, there seems to be some indication that Mark II prices are creeping up. As previously mentioned, the same retailer is currently selling a 70s Mark II with original dial for £1k more than they were 5 months ago. Maybe just chancing their arm....