The Speedmaster minefield

Posts
10,558
Likes
16,499
That seller won't sell into the EU (which still includes the UK) for tax reasons so that is a non starter. Were he to sell into the EU he would presumably have to account for sales tax. If he were to pass that on in the price it would cost only a couple of hundred under the RRP so not a great deal really. Another seller, Demollo used to do something similar but I think maybe no longer has this restriction. There are better deals available for UK buyers, seller like Dom Hackett, Chronext and others can supply at a circa 20% discount to RRP. It may be worth having a chat with our very own Darren from Vintagespeedmaster.com also.
Edited:
 
Posts
303
Likes
308
That seller won't sell into the EU (which still includes the UK) for tax reasons so that is a non starter. Were he to sell into the EU he would presumably have to account for sales tax. If he were to pass that on in the price it would cost only a couple of hundred under the RRP so not a great deal really. Another seller, Demollo used to do something similar but I think maybe no longer has this restriction. There are better deals available for UK buyers, seller like Dom Hackett, Chonext and others can supplant at a circa 20% discount to RRP.

Some of his other listings show Euro prices, so I figured he'd still sell there, granted at a different price.
To be honest, I'm not exactly sure, how much that number would increase, but might be something the OP could work out with the seller if there is any interest.
 
Posts
10,558
Likes
16,499
Sales tax in Europe varies but can be as high as 27%. Its 20% in the UK.
Edited:
 
Posts
20
Likes
4
Thanks Martin, it’s only available to US. However it seems I could pick up a new on here for just over $4k. Still deciding whether to buy new or not!
 
Posts
2,519
Likes
17,831
My suggestion: I’d be looking for the nicest 70’s Speedmaster I could find.

Yes, there are some risks, but they’re reduced if you find something here on OF. I’ve only had positive buying/selling experiences here.

A 70’s Speedmaster will always be more special to you, sitting on your wrist, than a modern one. And I could argue that a really nice 70’s Speedmaster will hold its value, going forward, better than a new one you could buy today.

My -74, which I bought used in 1981. I wore this watch when my wife and I were married, when my oldest was born etc etc.



No new Speedmaster is going to look like this. Get something special with so much money. Figure $5-6k for an ‘almost collector’ -74, -76 or -78.

 
Posts
20
Likes
4
Sweet! How does that beauty run, do you get much issues with the 70s? Looks great condition.
 
Posts
63
Likes
237
i also think you should take some time to learn about the vintage speedmasters and buy when you feel confident. a new watch will not scratch that vintage itch you seem to already have.
 
Posts
2,519
Likes
17,831
Sweet! How does that beauty run, do you get much issues with the 70s? Looks great condition.

It runs quite well and with pleasing accuracy. I’ve never had a problem with it and, during the years I wore it every day (1981-87), I treated it like a tool watch and not something precious. Granted, I worked in an office, but I think it’s held up well. It’s what makes me comfortable actually wearing, regularly wearing, old Speedmasters.

One benefit of my having put it aside after 1987 was that the first time I had it serviced was in 2015, when I already knew enough to prevent it from being polished or ‘updated’ during service.

I was pretty unhappy when the tritium lost its nighttime glow and slowly turned yellow. Obviously, I don’t feel that way anymore.

Mine isn’t for sale, but I assume it’s worth about $5k in this state.



I like the serial number: 31312813. 🙄

To me, this path seems so much more interesting. And -74s, -76s and -78s this nice, and nicer, are around and appear regularly. You do need to do much more homework this way, but oh! the satisfaction.
Edited:
 
Posts
67
Likes
57
My suggestion: I’d be looking for the nicest 70’s Speedmaster I could find.

Yes, there are some risks, but they’re reduced if you find something here on OF. I’ve only had positive buying/selling experiences here.

A 70’s Speedmaster will always be more special to you, sitting on your wrist, than a modern one. And I could argue that a really nice 70’s Speedmaster will hold its value, going forward, better than a new one you could buy today.

My -74, which I bought used in 1981. I wore this watch when my wife and I were married, when my oldest was born etc etc.



No new Speedmaster is going to look like this. Get something special with so much money. Figure $5-6k for an ‘almost collector’ -74, -76 or -78.

I have both a pre and post moon speedy. One being a 145.022 and the other a 145.0022. Both are great but they honestly look and feel very similar and I tend to wear the 145.0022 more.
 
Posts
20
Likes
4
It runs quite well and with pleasing accuracy. I’ve never had a problem with it and, during the years I wore it every day (1981-87), I treated it like a tool watch and not something precious. Granted, I worked in an office, but I think it’s held up well. It’s what makes me comfortable actually wearing, regularly wearing, old Speedmasters.

One benefit of my having put it aside after 1987 was that the first time I had it serviced was in 2015, when I already knew enough to prevent it from being polished or ‘updated’ during service.

I was pretty unhappy when the tritium lost its nighttime glow and slowly turned yellow. Obviously, I don’t feel that way anymore.

Mine isn’t for sale, but I assume it’s worth about $5k in this state.



I like the serial number: 31312813. 🙄

To me, this path seems so much more interesting. And -74s, -76s and -78s this nice, and nicer, are around and appear regularly. You do need to do much more homework this way, but oh! the satisfaction.
Thanks for sharing, lovely photos! Yep, I think I have a long road ahead but an enjoyable one nonetheless!!
 
Posts
20
Likes
4
Two absolute beauties, makes me want one even more if that's possible and also steers me away from new (for now)!!
 
Posts
680
Likes
1,251
As you seem to have a tendency towards vintage, explore that path, i would say. As a modern one will not give you the same pleasure then.

Once a vintage is serviced properly by a competent watchmaker, it is running as good as a new one.

A good thing to start would be by reading into it. Get a copy of Moonwatch Only, spend time with it and you will navigate that minefield much easier, as you will see what is correct and what's not with each reference. I am selling a copy of it right now: https://omegaforums.net/threads/moonwatch-only-2nd-edition-60-years-reduced-to-gbp-177-00.102559/ (shameless plug, i know).
 
Posts
6,911
Likes
12,719
Where would you buy a Speedmaster?
Sales forum on this website, try to meet in person...
 
Posts
188
Likes
729
Just to put pricing in context, the watch concerned in the OP is retailing for £2595 - no it's not vintage (to me that'd be 60/70s era) but it isn't a bad price really. Yes the description is a bit sketchy/inaccurate but its a general, pseudo pawnbroker, jewelry store in the main. What would US$2500 buy on the West side of the Atlantic ? (which would be £2500 after shipping, import tax etc etc).

I know its comparing apples and pears, but a mid 70s Speedie is currently ca £3.5k in the UK and that's for what most on here would class as mediocre condition, with some sellers asking almost £5k for items not exactly collector condition.
 
Posts
20
Likes
4
So the watch in the OP is selling for £2595, no papers and a aftermarket strap. For £3150 you could get brand new (stickered) with 5 years warranty. That's a difference of £555 unless a discount was negotiated with the pawnbroker. What would you choose, or neither?
 
Posts
188
Likes
729
So the watch in the OP is selling for £2595, no papers and a aftermarket strap. For £3150 you could get brand new (stickered) with 5 years warranty. That's a difference of £555 unless a discount was negotiated with the pawnbroker. What would you choose, or neither?

The used one isn't anything special for my personal interest, so if you can find a new , non grey market, 5yr warranted version with case, and ALL paperwork/cards for £500 more then its a bit of a no brainer to go with new of the two options. You'll have 5yrs peace of mind, and chances are you'd want to service the used one in that time frame for similar assurance.

I only posted the price of the Ramsden's item as the thread had moved into more vintage pieces which were not of comparable (landed in UK) price.
 
Posts
188
Likes
729
Bear in mind Omega just raised retail prices 5% so if you have that offer of £3150 on the table it might be advisable to move on it quickly, before any discounted sellers raise their prices as well. A quick google search for the leather strap , hesalite verison 311.33.42.30.01.001 came back with £3206 with 20-30 delivery timescale.
Edited:
 
Posts
368
Likes
452
Bear in mind Omega just raised retail prices 5% so if you have that offer of £3150 on the table it might be advisable to move on it quickly, before any discounted sellers raise their prices as well. A quick google search for the leather strap , hesalite verison 311.33.42.30.01.001 came back with £3206 with 20-30 delivery timescale.
Did it really go up 5 percent in the UK? In the US, the Speedmaster Pro price increased by $100. A 5-percent increase would have made it $262 extra over here.
 
Posts
362
Likes
561
I had a similar dilemma 5 years ago. I didn’t know anything about vintage Speedies (shamefully I still don’t) and it was a minefield looking. At the time I could buy a modern but well used example for around £1800. I decided that if vintage was my thing I’d learn over time and buy when I understood what I was actually looking for. So in the end I bought new from an AD. I’m happy that a went this route and now have a nice watch that’s part of my rotation with its Seamaster siblings.
 
Posts
1,770
Likes
5,576
Hi, thanks for the response! Here are the only other pics. They seem to be reluctant to open it.

pre-owned-watch-omega-speedmaster-moon-p15633-28942_medium.jpg

pre-owned-watch-omega-speedmaster-moon-p15633-28943_medium.jpg


that's not the kind of honest seller if they wont share any photos under the hood. it's not brandnew and i supposed the owner has cleaned the internal parts and took some pictures before selling the watch. the only logical option is to look for another speedy.😉