Ultraman with Extract on Ebay for 48K USD

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I am amazed that no one seems to have commented on this. Not that I really know Ultramans, but after looking at the Speedmaster 101 Ultraman resource page, https://speedmaster101.com/blog/ultraman-resource-page/, this seems like it could be real. That being said, it is being sold by a cash for gold outfit out of Dallas that generally sells jewelry for less than 5K.

https://www.ebay.com/itm/Omega-Ultr...613290?hash=item4dad0a456a:g:sqQAAOSw7wFcM8qd

I was hoping the experts could tell me that the sellers are crazy, and I am not.

 
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This watch has been discussed here before.
It's been listed on eBay for a long time. I think the original listing price was something like $75,000 about a year ago and then kept on dropping and dropping.
Real as it might be, it is a very unappealing watch. That overpolished case is just... Yuck! 🤮
The dial is very unattractive...
I wouldn't even pay 20K for this thing...
 
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It's been listed for a long time because they are not asking a fair price for what is at best a fair example of the Ultraman... according to Speedmaster 101. I find the case to be the biggest issue, the bezel insert is fair, and the dial... the opinions will vary, but, I can't say it's poor.
Condition and pricing according to Speedmaster 101:

Poor – These watches are unattractive, have damaged parts, and have very little going for them other than they can tell the time correctly twice per day. The bezel is damaged, the dial is damaged, the case has lost definition or heavily scored. The movement might be corroded, or missing some minor parts. Often these can be valued more accurately by valuing the parts separately.

Fair – Often the quality of a well used watch, one that has lived a useful life. It might be damaged or missing some service parts, movement needing work. This category can sometimes be improved with sympathetic work and service. It will remain fair if after service it still shows a damaged bezel, a dial with damage or missing, or discoloured plots, and a case with missing lines or heavy damage.

145012-67 Ultraman Poor 14,000 Fair 22,000 Good 38,000

Case ... Poor Dial... Fair Insert...Fair Averages out to 19.3K

I realize Speedmaster 101 is not the end all, but, it is an honest attempt to gauge pricing and condition. I have seen the watches that ndgal sells, and the majority are in very good or better condition, but, I have a strong suspicion that if the price for this Ultraman was 20K, someone would buy... not me or ndgal, but, someone.

Source: https://speedmaster101.com/price-chart-2/
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most seem to forget about one detail which for me would be essential THE DIAL.

quote from MWO:

OMEGA Museum’s team has recently noted that the dial (at least of 3 examples observed) of the Ultraman was different than those of the standard ST 145.012s. So we had a more careful look at our own Ultraman… and indeed the dial is different in color and finish: the Ultraman’s dial is pure black and has a satin varnish, while it is dark grey (anthracite) and the varnish is matte on standard ST 145.012s. A similar satin finish has already been observed on rare blue-grey dials of the same period.
 
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It's been listed for a long time because they are not asking a fair price for what is at best a fair example of the Ultraman... according to Speedmaster 101. I find the case to be the biggest issue, the bezel insert is fair, and the dial... the opinions will vary, but, I can't say it's poor.
Condition and pricing according to Speedmaster 101:

Poor – These watches are unattractive, have damaged parts, and have very little going for them other than they can tell the time correctly twice per day. The bezel is damaged, the dial is damaged, the case has lost definition or heavily scored. The movement might be corroded, or missing some minor parts. Often these can be valued more accurately by valuing the parts separately.

Fair – Often the quality of a well used watch, one that has lived a useful life. It might be damaged or missing some service parts, movement needing work. This category can sometimes be improved with sympathetic work and service. It will remain fair if after service it still shows a damaged bezel, a dial with damage or missing, or discoloured plots, and a case with missing lines or heavy damage.

145012-67 Ultraman Poor 14,000 Fair 22,000 Good 38,000

Case ... Poor Dial... Fair Insert...Fair Averages out to 19.3K

I realize Speedmaster 101 is not the end all, but, it is an honest attempt to gauge pricing and condition. I have seen the watches that ndgal sells, and the majority are in very good or better condition, but, I have a strong suspicion that if the price for this Ultraman was 20K, someone would buy... not me or ndgal, but, someone.

Source: https://speedmaster101.com/price-chart-2/


This was a great breakdown for all readers
 
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Just a inexperienced thought.. What stops you at switching case with another unpolished one if there is no case no. in extract?
 
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Thank you everyone for your comments. Very helpful!
 
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I personally think the UM is a bit emperors new clothes, in my head it should have a $3k-$5k premium over a std watch but as noted above, I do agree that a real one should have a darker dial. A guy posted an untouched Uncle watch on here last year which we pretty quickly identified as a genuine in range UM, (and so it proved when the extract was applied for) and it was notable that straight away you could see that the dial was darker than the usual 145.012-67/8. Up until then I was skeptical abut the dial but now I am swayed and a believer. In the dial at least, not the silly pipe dream asking prices.
 
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I personally think the UM is a bit emperors new clothes, in my head it should have a $3k-$5k premium over a std watch but as noted above, I do agree that a real one should have a darker dial. A guy posted an untouched Uncle watch on here last year which we pretty quickly identified as a genuine in range UM, (and so it proved when the extract was applied for) and it was notable that straight away you could see that the dial was darker than the usual 145.012-67/8. Up until then I was skeptical abut the dial but now I am swayed and a believer. In the dial at least, not the silly pipe dream asking prices.


let's put it that way

in the beginning ultraman was fun when we had less than 20 examples known and ALL looked exactly the same specification wise.
OF was interested but questioning specs by so called experts and people who'd never held one in their hands. Then some questionable ones appeared and the total bashing (no matter if a correct or incorrect one) on OF came up. END of FUN....
 
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You will never hear a Ultraman owner bashing them though, only people who don't own them usually do, and that is 99.99999999999 of us 😁
 
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Is anyone a bit skeptical at the actual number of Ultramans produced?

I heard the number was 50, but it seems like one is coming out of the wood works every couple of weeks.
 
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Is anyone a bit skeptical at the actual number of Ultramans produced?

I heard the number was 50, but it seems like one is coming out of the wood works every couple of weeks.
I’m not remotely skeptical of the suggestion there are several hundred out there. The 50 claim was a best guess based on numbers in circulation when these were first written about. Now 50+ have been identified a better guess would be somewhat higher.
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