Omega - The Geneva Watch Auction: SEVEN Geneva Saturday, May 12, 2018 | Phillips

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  • Manufacturer: Omega
    Year: 1960
    Reference No: 2998-1
    Movement No: 17'302'748
    Model Name: Speedmaster
    Material: Stainless steel
    Calibre: Manual, cal. 321, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Omega pin buckle
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Omega Extract from the Archives confirming production of the present watch in 1960 and its delivery to Italy.

  • Catalogue Essay

    The Omega Speedmaster has gone down in horological history as one of the most iconic, recognizable and enduring designs.

    The original Speedmaster reference 2915 was in production for only two years until it was replaced in 1959 by the present model, reference 2998. It was only in production until 1962, even though models were still being delivered in 1963. Small modifications (different hands, bezels or dials) were made to reference 2998 throughout its production period, each modification being defined by the number after the hyphen in the reference number inscribed in the caseback. In this case: 2998-1.

    This particular reference features a rare straight lugs case housing the legendary Lemania based caliber 321. It furthermore features the correct short minute markers in the minute subdial, applied Omega logo and it is fitted with a slightly later base 500 bezel.

    This watch has aged beautifully over time, the dial has developed a charming and attractive pumpkin color to the hands and luminous markers.

  • Artist Biography

    Omega

    Swiss • 1848

    Omega's rich history begins with its founder, Louis Brandt, who established the firm in 1848 in La Chaux de Fonds. In 1903, the company changed its name to Omega, becoming the only watch brand in history to have been named after one its own movements. A full-fledged manufacturer of highly accurate, affordable and reliable watches, its sterling reputation enabled them to be chosen as the first watch company to time the Olympic Games beginning in 1932. Its continued focus on precision and reliability ultimately led their Speedmaster chronograph wristwatch to be chosen by NASA in 1965 — the first watch worn on the moon.

    Key models sought-after by collectors include their first, oversized water-resistant chronograph — the reference 2077, early Speedmaster models such as the CK 2915 and 2998, military-issued versions of the Seamaster and oversized chronometer models such as those fitted with their prestigious caliber 30T2Rg.

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209

Ref. 2998-1
A fine and rare stainless steel chronograph wristwatch with tachymeter bezel

1960
40mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF20,000 - 30,000 
€17,100-25,700
$21,200-31,800

Sold for CHF62,500

Contact Specialist
Alexandre Ghotbi
Head of Sale
+41 22 317 81 81
aghotbi@phillips.com

The Geneva Watch Auction: SEVEN

Geneva Auction 12-13 May 2018