A very rare and highly attractive stainless steel chronograph wristwatch with chocolate brown ‘tropical’ dial, tachometer bezel and original presentation box

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  • Manufacturer: Omega
    Year: 1959
    Reference No: 2998-1
    Movement No: 17’301’000
    Model Name: Speedmaster
    Material: Stainless steel
    Calibre: Manual, cal. 321, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Omega pin buckle
    Dimensions: 39mm Diameter
    Signed: Case, dial and movement signed
    Accessories: Accompanied by presentation box. Furthermore, this watch is offered with an Extract from the Archives confirming its production date on November 10, 1959 and delivery to France.

  • Catalogue Essay

    A true horological icon, the Omega Speedmaster has been captivating collectors for over 60 years. The reference 2998 was launched in 1959 to replace the original reference 2915 and was in production for only 3 short years as production ceased in 1962 (even though some examples were still being delivered the year after).

    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 meaning it was the first iteration of this reference.

    However, even more exciting is the fact that with movement number 17’301’000 this is the earliest reference 2998 known and could possibly be the very first ever produced giving it incredible historical importance.

    Released in 1959, early examples like the present watch used the famed Lemania caliber 321, which is revered amongst watch enthusiasts for its robust chronograph mechanism. The manual wound caliber was used by Omega from 1946-1968 offering optimal performance and reliability.

    Fitted with its original black tachometer bezel graduated to 1000 units and a lollipop chronograph seconds hand the watch features an amazing dial that has turned a surprising milk chocolate color giving the watch incredible charisma and appeal.

    The overall appealing condition, compelling dial and historical relevance will make this reference 2998-1 a must have in a collection of rare vintage watches.

  • Maker Bio

    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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93

Omega

Ref. 2998-1
A very rare and highly attractive stainless steel chronograph wristwatch with chocolate brown ‘tropical’ dial, tachometer bezel and original presentation box

1959
39mm Diameter
Case, dial and movement signed

Estimate
CHF25,000 - 45,000 
€23,500-42,300
$25,700-46,300

sold for CHF102,500

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

41 79 637 1724
aghotbi@phillips.com

The Geneva Watch Auction: XI

Geneva Auction 27 - 28 June 2020