Omega - The Geneva Watch Auction: XV Geneva Saturday, May 7, 2022 | Phillips

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  • Manufacturer: Omega
    Year: 1962
    Reference No: 2998-5
    Movement No: 18’419’749
    Model Name: Speedmaster "FAP"
    Material: Stainless steel
    Calibre: Manual, cal. 321, 17 jewels
    Bracelet/Strap: Stainless steel Omega bracelet, endlinks stamped 6, max length 190mm
    Clasp/Buckle: Stainless steel folding deployant clasp, stamped 2.60
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied by Omega Extract from the Archives confirming production of the present watch in 1962 and its subsequent delivery to the Peruvian Air Forces.

  • 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).

    Made for the Peruvian Air Force, the present watch most notably has a caseback that displays "FAP", representing the Fuerza Aérea del Peru. Omega provided timepieces for various military forces until the 1960s. As such, the extract of the Omega archives confirms that the watch was delivered to the Peruvian Air Forces in June 1962. The watch is powered by the first generation caliber 321, fitted to all Speedmasters until 1968/69. Preserved in excellent condition, the timepiece retains the correct dial configuration for the reference 2998-5 and display a "dot over 90" bezel.

  • Artist Biography


    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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Ref. 2998-5
A highly rare and attractive stainless steel chronograph wristwatch, made for the Peruvian Air Force

39.5mm Diameter
Case, dial, movement and bracelet signed

CHF20,000 - 40,000 

Sold for CHF189,000

Contact Specialist

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

+41 22 317 81 81

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63

The Geneva Watch Auction: XV

Geneva Auction 7 - 8 May 2022