21.8 million! The most expensive Omega watch in history was born

From November 5th to 7th, 2021, Phillips and Bacs & Russo held the “Prestigious Watch Collection-Geneva XIV” auction. An Omega Speedmaster Ref.2915-1 stainless steel chronograph watch (lot 53) sold for 3,115,500 Swiss francs (equivalent to approximately 21.8 million yuan), making it the highest-priced Omega watch ever sold in public auctions.

This lot was produced in 1957 and was the first batch of Omega Speedmaster watches (also released at the same time as the Seamaster and Ironmaster watches that belonged to the three classic models of 1957). The watch has a diameter of 38 mm and is equipped with the classic Broad Arrow hands and a tropical brown dial. In addition to the dial, the fluorescent materials on the hands and hour markers also age at the same speed, presenting a charming golden hue, and the overall look and feel is well-balanced and integrated, which is favored by collectors. The pre-sale estimate of this watch was “only” 80,000 to 120,000 Swiss francs, and it was finally sold at 3.12 million with a drop hammer, which was 26 times the highest estimate. It was the biggest surprise at the auction on the spot.

The Omega Ref.2915 watch was only produced from 1957 to 1959 and can be subdivided into three small models, of which Ref.2915-1 is one of the earliest and most collectible Speedmaster models. In addition, Omega Ref. 2915 is the first chronograph with a tachymeter scale marked on the bezel instead of the dial, and the first Speedmaster watch equipped with the famous Calibre 321 movement.

Leave a Reply