Speedmaster Reduced Self Winding Function Question

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Make sure that the quote is not for 30% of the work also...

Very often the local watchmakers will just service the "base" movement, and not service the chronograph module, so they are only servicing 1/2 the movement. But the module runs all the time just like the base movement does. The entire set of hands is run by that module (not just the chronograph function), which is driven from a single point from the base movement.
The local watchmaker I am talking about specialises in Omega, Rolex, IWC, Longines, etc to name a few brands. He confirmed that he will be servicing both the base and the chronograph movement. I understand taking to Omega is the right thing to do but the only thing wrong with this watch right now is that it stops after the reserve is reached and goes back to normal working when I wind it. Accuracy is +15 seconds too. I was thinking of continuing to wear this as a manual winding watch until it dies on me and that is when I take it to Omega/local watchmaker. I am surely in a dilemma I suppose
 
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It might. Consider the local watchmaker might be cheaper because they don't replace the entire swath of parts as Omega does as a matter of course, if required. You're local might include, a mainspring and gaskets, but if a bridge, or rotor, or some other parts are necessary, it will be extra. I'm not familiar enough with the workings of the movement in your watch to know if you're risking damage to some expensive parts otherwise. Also, consider Omega just replaces the entire movement at servicing and most independents don't work on them. Make sure you know what you're precisely getting at your local watchmaker for this specific type of watch and movement compared to what Omega will give you.

  • movement swap
  • case refinish (unless you ask them not to),
  • crown,
  • case tube,
  • case back gasket,
  • pushers will be replaced,
  • and crystal if not sapphire

I'm not dogging your local guy. I've never sent a watch to Omega, but I don't think your "run it 'til it stops" is the best idea for this watch specifically.
I completely agree with all your points re local watchmaker vs Omega. I am still contemplating what's the adequate move here. Just curious about why you don't think my 'run it till it stops' is the best idea for this watch. If I take it to Omega now they will charge me the same amount and if I take it to them let say 6 months-1 year after it stops they should be charging me the same - am I missing something here? Is there a chance that I might be charged more depending on the issue?
 
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I completely agree with all your points re local watchmaker vs Omega. I am still contemplating what's the adequate move here. Just curious about why you don't think my 'run it till it stops' is the best idea for this watch. If I take it to Omega now they will charge me the same amount and if I take it to them let say 6 months-1 year after it stops they should be charging me the same - am I missing something here? Is there a chance that I might be charged more depending on the issue?

Not with Omega. With an independent, maybe not. Like I said, just make sure you know why the local guy is 30% of Omega. They may service (all of) it, but individual parts might cost extra. I just had a SM300 serviced locally and the base service was a few hundred less than Omega. Polishing was an option I declined. Mainspring, gaskets, and water test were included, but a new crown, stem, and tube were required, which added to the cost. Still cheaper than Omega and I had more say and control over the service.

To me, however, it already requires servicing. It isn't working properly.
 
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Not with Omega. With an independent, maybe not. Like I said, just make sure you know why the local guy is 30% of Omega. They may service (all of) it, but individual parts might cost extra. I just had a SM300 serviced locally and the base service was a few hundred less than Omega. Polishing was an option I declined. Mainspring, gaskets, and water test were included, but a new crown, stem, and tube were required, which added to the cost. Still cheaper than Omega and I had more say and control over the service.

To me, however, it already requires servicing. It isn't working properly.
Those are some great points and I will be considering them. The local watchmaker will only service the base and chrono movements - nothing more or nothing less. No polishing or parts change have been quoted in that price obviously. The more I read the replies in this forum the more I am leaning towards an Omega service when the time comes. Time to sell some other watches just so that I don't feel about spending some extra $$ haha

Appreciate your inputs!