Interesting trend I have seen in the market which I wanted to run by you guys. Why 3570 speedmasters as much or in some instances more than the new 311xxx reference? For example, on watchrecon there are plenty of new 311s for 3500 and some slightly used with AD papers for 3000-3200. I am seeing great condition 3570s dating from 2004 to 2014 selling for 2900-3500. I am confused because these older 3570 carry no warranty, and are not old enough to have tritium dials and 861 movements. Is there something I am missing here? Thanks!
I’m Interested in this also. I’ve never been more co fused about buying a watch as I am with this model right now . Grey market, new but warranty but not from a dealer or second party? It’s co fusing as hell to be honest.
I would be interested to hear what some of the more experienced members have to say as well. To me there doesn't seem to be any point in buying used. When you are only talking about $200 or $300 on a $3500 watch. I am still looking for my first speedmaster and initially thought $2500 or so might buy a decent daily wear watch. Seems like everything is in that $3100-$3600 range. I have basically decided used is not worth bothering with used and will probably go with either gray market or trusted dealer on this site.
There’s a listed MSRP and there’s the actual selling price. Almost all Omega AD’s will offer a discount on the MSRP. If they don’t, they know you can easily find it for a decent discount online or another AD. Omega boutiques won’t discount though.
Asking on c24 does not mean people are buying at that price. Correctly priced watches sell, overpriced stays up and clog the lisrltings.
Is there some inherent advantage to the 3570s especially the late model ones over the current 311 model? Prices just don't make sense to me!
A lot don’t like the newer thicker bracelet and the box that comes with the new one. When the new 3117161568346264738 came out it was $500-700 more than the 3570 just for the box and the extra stuff. This lead to the 3570 being sought after. Hence holding their value compared to the discounted new one. (Rumour is that the moon watch is the only Omega going up in price this year ) So get to it guys.
Also, keep in mind that on C24 sellers need to recoup their commission--that's about $200 on a $4K watch. You save money right away working directly with the seller, not through a selling platform. What you don't see on C24 also is the actual selling price--. If you look at the 'sold' archive on eBay you can get a better take on things (and don't forget there's a +/- 10% commission the seller has to pay). Also here on OF, the archive of sales is a useful guide, though it also doesn't list the actual selling price--but there's no middleman here, so it's a pretty good place to do your shopping....and I have found the people I have talked sales with--even when I didn't buy their watches --hugely helpful and patient.
I think that a good amount of people just want the “cheapest now” watch. That is likely the 3570. However, long term new or very new is likely 3000-3700, and is the better “value” since it has a warranty and won’t need a service.
A Speedmaster generally needs service something like every 5-7 years. Unless proper paperwork is provided, you should consider it unserviced. Hang around the forums a while and read a lot of threads before buying. It is better to wait and learn than to jump in
I’ve had two separate seamasters for over a ? decade and they run well, what specific services do speedmasters need that they don’t
The 3570.50 (hesalite) and 3573.50 (sapphire sandwich) both have "THE FIRST AND ONLY WATCH WORN ON THE MOON" on the caseback, which Omega changed on the later versions since it was determined other watches have been worn on the moon. That slight difference might be one reason for the price difference. Who knows if Speedmasters with "error casebacks" will ever spike in price down the road... stranger things have caused older pieces to go up in value! Personally I do think the older bracelet with pins fits a little more comfortably than the newer bracelet with screws.
It’s strange though that Speedies with the erroneous 220 bezels don’t attract a premium as they are relatively rare - it’s not like stamps or coins where production mistakes are sought after.