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#1 |
"TRF" Member
Join Date: Jul 2019
Location: Singapore
Watch: ing You
Posts: 177
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Omega Ed White 321
I was offered a fairly used 2020 Omega 321 with negligible premium compared to current MSRP. The watch condition is comparable to brand new.
Have researched and read so much on the history and the manufacturing process of this beautiful watch. Compared to the Daytona, I think the whole package is so much more and better. So my question is, why is this watch trading at such low premium? It's not a limited edition but still a limited production watch per year given the capacity. There seems to be no love for this great watch. What am I missing here? Would love to hear your thoughts as this is my first Omega purchase. TIA |
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#2 | |
"TRF" Member
Join Date: Feb 2017
Real Name: Robert
Location: Lone Star State
Watch: AP RO 15400, FOIS
Posts: 2,362
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Quote:
1. It's not a Rolex Daytona 2. It's too similar to every other Speedy Pro. Only other watch geeks would know what it is. |
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#3 |
2024 Pledge Member
Join Date: Jan 2017
Location: Orange County, CA
Watch: SD43
Posts: 456
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It's a beautiful watch, but with less to differentiate it from other Speedmaster chronographs. It's also part of Omega and part of Swatch.
The Daytona is Rolex's chronograph and has had decades of brand equity and desirability. There are many limited production watches that take a hit after becoming used. This is the case for many a Patek Calatrava or Lange Saxonia and those are also produced in small quantities and hand finished and assembled. The 321 will likely appreciate in value over time to a modest degree, maybe akin to something like a black dial Explorer II. |
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#4 | |
"TRF" Member
Join Date: Jan 2020
Location: Podgorica, MNE
Posts: 294
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Quote:
I disagree with #2. I think it looks very different from every other Speedy. Even my casual watch friends that only know Subs and Speedy have all immediately noticed my 321 and been wowed by it. Attached a recent picture at the OB, my 321 nestled between 2 beautiful moonshine speedys.... I think we should all be grateful sometimes that not all watches in this hobby got sucked into the Hype machine (I'm looking at you Snoopy 3). |
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#5 | |
"TRF" Member
Join Date: Feb 2017
Real Name: Robert
Location: Lone Star State
Watch: AP RO 15400, FOIS
Posts: 2,362
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#6 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 46,362
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The 321 is a cool watch but for the money there are so many other Speedmasters out there. I like the watch but would not consider paying retail or any more for the watch. The updated 3861 is the one for me and my 1861. To each their own.
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#7 | |
2024 Pledge Member
Join Date: Oct 2009
Location: Brooklyn, NY
Posts: 2,359
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#8 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Mar 2013
Location: usa
Posts: 19,325
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Approved
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#9 | |
"TRF" Member
Join Date: Jan 2020
Location: Podgorica, MNE
Posts: 294
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#10 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 75,977
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The whole appeal to some of the 321 is that to non watch folks, it looks like just about any other Speedy
![]() To the WIS they are next level and grail worthy. Much has been made of the price proposition compared to the Daytona … You either buy into the historical significance, double hand assembled process, the Lemania based 321 movement etc etc etc or you don’t. I think it’s a wonderful reference and worth every penny ![]() If you haven’t already read them … https://www.rolexforums.com/showthread.php?t=803054 https://www.rolexforums.com/showthread.php?t=846386 |
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#11 |
"TRF" Member
Join Date: Feb 2013
Real Name: Louis
Location: Bay Area, CA
Watch: PP 5131R
Posts: 5,062
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Omega releases too many Speedmasters. Look at how many Daytonas are on the market now and then compare to the Speedmaster variants.
I got the 57 anniversary LTD and like most brands they later release a very similar non-LTD without the fake patina. It’s good from the standpoint that if you miss out on something there’s another one on the way, but bad if you think you’re getting something really limited that has long term potential. The modern 321 nobody knows how many they’re producing but the run has clearly been long enough to satisfy demand if they’re selling for near MSRP on the secondary. |
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#12 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jan 2015
Real Name: Jordan
Location: Proxima b
Posts: 1,044
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I remember when watch collecting used to be about this:
![]() Too much focus on what value a watch will fetch. If the OP is serious about being interested in the 321, then all that matters is the actual 321. That’s what this piece is about. I mean, just look at it! I do all the time. The rest of the watch slaughters the regular Speedmaster as well. As for comparison to the Daytona, the 321 is just a superior watch on all levels except water resistance and hype (which to me is a bonus). I had both, I no longer have the Daytona. Nor a desire for it any longer. The Daytona is miss represented as a special watch because it’s hard to get a retail and the hype/market. The 321 Speedy IS a special watch. Period. |
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#13 | |
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Join Date: Jan 2020
Location: Podgorica, MNE
Posts: 294
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#14 | |
"TRF" Member
Join Date: Jan 2020
Location: Podgorica, MNE
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#15 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 75,977
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More eye candy …
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#16 | |
TRF Moderator & 2024 SUBMARINER Patron
Join Date: Dec 2007
Real Name: Ken
Location: SW Florida
Watch: One on my wrist.
Posts: 63,710
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SPEM SUCCESSUS ALIT |
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#17 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 75,977
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#18 |
2024 Pledge Member
Join Date: Feb 2009
Real Name: Tony
Location: Orchard Park, NY
Watch: Idiot Savant
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#19 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,142
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There’s a ton of love for the 321. If you’re looking for investments look elsewhere. Omegas aren’t that but they are really well made, historically significant and damn cool.
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#20 |
"TRF" Member
Join Date: Feb 2013
Real Name: Louis
Location: Bay Area, CA
Watch: PP 5131R
Posts: 5,062
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If you think about it in the context of the Lemania caliber in it, how much do other pieces with the same base caliber cost? A lot of them which used to be a deal have already been recognized as such and the prices have gone up.
I think for what it is at MSRP or even a bit above MSRP it’s a really good value. |
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#21 |
2024 Pledge Member
Join Date: Nov 2007
Location: Pacific NW
Posts: 646
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I hope to someday buy a EW321, but am willing to wait as I am enjoying my recently purchased 3861.
At 42mm, the 3861 is a little big for me and the 321 at 38+mm would be perfect. I am confounded that at every OB I visit, no one has an 321, and don't seem to keep a waiting list, however there seem to be many offerred on Chrono24/ebay.
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Rolex Day-Date 118208 YG/Datejust 116139 WG/GMT2 116710 BLNR SS Patek Calatrava 5096 RG - Omega Speedmaster 3861 Sapphire SS - Cartier Tank Louis 1140 YG Panerai GMT 233 SS - Zenith ChronoMaster 01.0240.410 SS - JLC Reverso Duo Q2714910 SS Laine V38 SS - Grand Seiko SGBA407 SS - Baltic Aquascaphe SS - Garmin Approach S62 TAG Heuer Formula One - Swatch MoonSwatch Mission to the Moon/Mercury/Jupiter/Neptune |
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#22 | |
2024 Pledge Member
Join Date: Jan 2017
Location: Orange County, CA
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#23 | |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Mike
Location: Eastern Shore, MD
Watch: my money leaving!
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Quote:
I appreciate it for what it is, but not different enough from the run of the mill Speedy to get my attention and spend that kind of money. |
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#24 |
"TRF" Member
Join Date: Jul 2019
Location: Dubai
Posts: 741
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Approved
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#25 |
"TRF" Member
Join Date: Feb 2019
Location: United States
Posts: 450
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A large percentage of watch buyers want people to know they bought an expensive watch. 99.9% of people have no idea what the 321 is and will just think it's a $4k speedy. I love the 321, but that is what keeps its secondary price down.
Also, one thing to note is that it's way less accurate than the speedy pro. Way fewer people care about that but some of that 0.1% who know what a 321 is do. |
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#26 | |
"TRF" Member
Join Date: Jun 2009
Location: London
Posts: 8
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Quote:
I’d always discounted the regular Speedmaster, as I thought it would be too large at 42mm, but I’ve just bought the new white-dialled 3861 and I’m really happy with the size. I actually think it seems smaller on the wrist than the 321! |
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#27 |
"TRF" Member
Join Date: Sep 2012
Real Name: Mike
Location: Usa
Watch: All
Posts: 1,413
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Hot take. If you can’t appreciate the 321 you don’t appreciate horology. Not saying you want to own it, just appreciate it.
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#28 |
"TRF" Member
Join Date: Oct 2021
Location: The East
Posts: 207
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The watch game is filled with certain pieces that fall under "IYKYK". Some prefer the quiet luxury aesthetic while others prefer a little more statement for the money. It can be a tough decision.
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#29 | |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 75,977
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#30 |
"TRF" Member
Join Date: Apr 2022
Location: east
Posts: 183
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The 321 is not as ergonomic as modern daytona/speedy but completely fulfills my desire for a speedmaster, a vintage watch, and a historically important movement. Ticking all those box's in one package is difficult to do. To have some of the charm of a vintage watch with modern materials is really a big plus to me.
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