Dramatic 3861 Speedmaster price increases

[Cru Jones]

In a little over a year, the new 3861 Speedmaster has gone from €6,200 to €6,700 to now €7,100.

Anyone else think this is a bit off-putting? Or is it just me?

[alllexandru]

I guess…it went up like everything else in our life lately

Must admit I’m very happy that I bought the 1861 in 2020, comparing with prices now it was a bargain

https://www.fratellowatches.com/moon...ll-a-good-buy/

[brandrea]

My honest opinion … they haven’t been charging enough for the Speedmaster … at least relative to the other famous chronograph. They are now playing catch up

[EdwardC]

Originally Posted by brandrea

My honest opinion … they haven’t been charging enough for the Speedmaster … at least relative to the other famous chronograph. They are now playing catch up

+100

Is it expensive? yes for the amount of materials. But no for people that appreciate watches. Relatively it's still one of the best deals in the watch world.

[zengineer]

You can still buy them all day long BNIB from trusted sellers for around $6000 US , 6100 euro.

Sent from my SM-G991U using Tapatalk

[sportsfan0704]

Just bought a 3861 hesalite. Glad to get one before the prices keep climbing. Omega is definitely capitalizing on the success of the moonswatch + dealign with inflationary pressure

[amanbra]

i find it off putting because I have a 1863 and I remember how much I paid for it.

Overall though, as others have mentioned, it's one of the best options at the price point.

[AEC]

My 3570.50 stickered for $4,500 when my wife gifted it to me in 2015, and she got 30% off (Jim at Continental, just before he hung up his loupe).

[Etschell]

Originally Posted by Cru Jones

In a little over a year, the new 3861 Speedmaster has gone from €6,200 to €6,700 to now €7,100.

Anyone else think this is a bit off-putting? Or is it just me?

It's not as bad as some omega decisions that have happened.

The moonswatch.
Jacking up prices on watches before they were ever released.
Delaying the release of a 3 handed aqua terra to 9 months.

A used but new model hesalite just sold for 4500.

Europe is having major issues in currency wars. Just look at the pound.

[toolr]

Originally Posted by AEC

My 3570.50 stickered for $4,500 when my wife gifted it to me in 2015, and she got 30% off (Jim at Continental, just before he hung up his loupe).

Jim and June were great people, always willing to talk and help. Bought my first 3570.50 from them in 2007 at a forum member discount of 30%. Bought a couple others from him over the years. Brings a smile to my face whenever I see a preowned Omega for sale with "Continental Jewelers" stamped on the warranty card.

[htc8p]

omega have been increasing their prices dramatically since 2012. inflation has come to bite. no doubt sales will be affected

[2001jesper]

If Breitling can do 8850 EUR for a Navitimer, then i understand why Omega would question pricing for a Speedmaster

[alllexandru]

Originally Posted by AEC

My 3570.50

Nice photo!

[Andad]

In the giant picture of price increases that looks extremely modest?

The Ed White is another discussion?

[1William]

Just business I suppose. I think Omega has some significant issues with the total number of models in the line-up and with prices in the secondary market. I like the watches but at some point they crossed the line with me on the pricing and availability games. As the market corrects for Rolex/PP/AP and some others, can Omega be far behind? And they are not Rolex/PP/AP so the fall will be all the steeper. Just my thoughts.

[sportsfan0704]

Originally Posted by 1William

Just business I suppose. I think Omega has some significant issues with the total number of models in the line-up and with prices in the secondary market. I like the watches but at some point they crossed the line with me on the pricing and availability games. As the market corrects for Rolex/PP/AP and some others, can Omega be far behind? And they are not Rolex/PP/AP so the fall will be all the steeper. Just my thoughts.

Definitely possible. Omega has great watches. But they have too many and they aren't easy to identify. Too many watches with similar sounding names or long model reference numbers. At some point they would be well served to simplify that to increase their appeal.

[Ravager135]

I think the Speedmaster Professional was previously fairly priced and yet at the same time, still a steal in the market. Omega is just doing what all other watch brands are doing: raising prices. Omega realizes that with recent Rolex scarcity and attention from their Swatch collaboration that they can ask more for their flagship model. I think Omega is actually a year or two behind on their asking prices as Rolex scarcity is starting to recede. I suspect buyers will also cool on Omega somewhat. I suspect the new prices we are seeing for the Moonwatch will likely remain the same for some time.

[gnuyork]

Originally Posted by AEC

My 3570.50 stickered for $4,500 when my wife gifted it to me in 2015, and she got 30% off (Jim at Continental, just before he hung up his loupe).

Jim is great. That's where I go my Planet Ocean at a fantastic price (around 10-12 years ago, I don't remember exactly).

[DD58]

Originally Posted by alllexandru

I guess…it went up like everything else in our life lately

Must admit I’m very happy that I bought the 1861 in 2020, comparing with prices now it was a bargain

https://www.fratellowatches.com/moon...ll-a-good-buy/

Same here I love the old box, the movement is solid and with Hesalite I can buff out all the scratches. Plus at 5300 I think I paid it was a steel.


Sent from my iPhone using Tapatalk

[sportsfan0704]

Originally Posted by DD58

Same here I love the old box, the movement is solid and with Hesalite I can buff out all the scratches. Plus at 5300 I think I paid it was a steel.


Sent from my iPhone using Tapatalk

a steel, no pun intended

[FTX I]

Originally Posted by Cru Jones

In a little over a year, the new 3861 Speedmaster has gone from €6,200 to €6,700 to now €7,100.

Anyone else think this is a bit off-putting? Or is it just me?

Agree my friend. This is just one more off-putting thing to add to a long list our hobby has seen lately.

[Goupax]

Originally Posted by 2001jesper

If Breitling can do 8850 EUR for a Navitimer, then i understand why Omega would question pricing for a Speedmaster

The movement in the Navitimer is far superior to the Moonwatch, Omega is just squeezing as much as they can from their flagship model to please their shareholders since their limited edition gimmicks are not really working anymore

[sportsfan0704]

Originally Posted by Goupax

The movement in the Navitimer is far superior to the Moonwatch, Omega is just squeezing as much as they can from their flagship model to please their shareholders since their limited edition gimmicks are not really working anymore

I agree. Omega would be well served to cut down on the number of speedy and aqua terra references

[brandrea]

I think I read somewhere, that back in the day, the Daytona and the Speedmaster were priced very similarly. I wish I had the link to the article…

I realize they are two different watches, but they do often draw comparisons with one another. In my mind I guess it begs these questions:

Why is the Rolex so much more expensive?
Why is the Speedmaster so cheap?

[logo]

Originally Posted by brandrea

I think I read somewhere, that back in the day, the Daytona and the Speedmaster were priced very similarly. I wish I had the link to the article…

I realize they are two different watches, but they do often draw comparisons with one another. In my mind I guess it begs these questions:

Why is the Rolex so much more expensive?
Why is the Speedmaster so cheap?

Yes both about $600 back in 1970s

[colpol]

April 2020 the Speedmaster could be had for £3800 on 0% finance from goldsmiths on 10% sale.
£6k for the newer 2021 model

Same with cars at the moment. Everyone trying to recover their Covid loses

[brandrea]

Originally Posted by logo

Yes both about $600 back in 1970s

Thank you

[alllexandru]

Originally Posted by Goupax

The movement in the Navitimer is far superior to the Moonwatch

Can you go in detail, why you think this?
3861 vs B01
Very curious to see why you think the B01 is far superior

[Goupax]

Originally Posted by brandrea

I think I read somewhere, that back in the day, the Daytona and the Speedmaster were priced very similarly. I wish I had the link to the article…

I realize they are two different watches, but they do often draw comparisons with one another. In my mind I guess it begs these questions:

Why is the Rolex so much more expensive?
Why is the Speedmaster so cheap?

Your argument would only make sense if Rolex still used the same Valjoux based chronograph movement during the pre-Zenith Daytona days. There is obviously a world of difference between this era and the current 4130 movement used today. The actual bargain right now would be the B01 movement in the Navitimer, imo the Speedmaster is no longer the value proposition it once was just a couple of years ago. Paying this kind of price for a cam-actuated chronograph is pretty much asking to get screwed more in the future by the manufacturer. The price difference alone between the hesalite and sapphire version in the 3861 version is proof enough that Omega is taking their customers for a ride. At least the 1863 was better finished than the 1861, so they at least could justify the difference...

[brandrea]

Originally Posted by Goupax

Your argument would only make sense if Rolex still used the same Valjoux based chronograph movement during the pre-Zenith Daytona days. There is obviously a world of difference between this era and the current 4130 movement used today. The actual bargain right now would be the B01 movement in the Navitimer, imo the Speedmaster is no longer the value proposition it once was just a couple of years ago. Paying this kind of price for a cam-actuated chronograph is pretty much asking to get screwed more in the future by the manufacturer. The price difference alone between the hesalite and sapphire version in the 3861 version is proof enough that Omega is taking their customers for a ride. At least the 1863 was better finished than the 1861, so they at least could justify the difference...

I’m not so sure. The 3861 movement would hold its own against the 4130 at twice the price.

And .. since I’m one mentioned it earlier, you can buy a movement on par with other haute horology in the 321 at the same price.

I agree it’s a difficult comparison, but IMHO the Speedmaster is undervalued next to the Daytona. YMMV