Omega, founded in La Chaux-de-Fonds in 1848, is one of the most historically significant watchmakers. The brand served as official timekeeper of the Olympic Games since 1932 and achieved immortality when Buzz Aldrin wore a Speedmaster Professional on the Moon in 1969.
Available below retail on the secondary market at 10% discount, this model offers exceptional value for buyers willing to purchase pre-owned. This pricing makes it one of the better value propositions in the chronograph watch category.
Our WVS Value Score of 75/100 places this in the upper range of luxury watches. The score reflects a solid balance between value retention, brand recognition, specification quality, and market availability.
The estimated annual cost of ownership is $586 per year, accounting for depreciation, servicing, and insurance. While this is higher than some alternatives, it should be weighed against the wearing pleasure and prestige the watch provides daily.
Understanding the true cost of owning a luxury watch requires looking beyond the purchase price. Our cost-of-ownership model calculates the annual net expense of keeping the Omega Speedmaster Professional Moonwatch 310.30.42.50.01.002 on your wrist, factoring in three key components.
First, depreciation: based on historical pricing data for this reference and similar Omega models, we estimate annual value change at 6%. This depreciation rate is typical for this price segment and brand positioning. Second, servicing: Omega recommends periodic maintenance to ensure accuracy and water resistance. We amortize the estimated service cost across the recommended interval, arriving at $80 per year. Third, insurance: at approximately 1.5% of market value, annual insurance costs $101 to protect against theft, loss, or accidental damage.
Combining these factors yields a net annual cost of $586. That's roughly $1.61 per day — comparable to a daily coffee habit.
Estimated market price trend based on aggregated public listing data. Prices reflect average asking prices for complete sets in excellent condition. Updated monthly.
Our proprietary score rates every luxury watch on a 0-100 scale across five dimensions. Scores above 85 indicate exceptional value retention and market positioning. The formula is transparent and weight-based.
When considering the Omega Speedmaster Professional Moonwatch 310.30.42.50.01.002, it helps to understand how it compares to alternatives in the chronograph watch category. The most affordable alternative is the TAG Heuer Carrera at $5,250 — saving you approximately 22% compared to the 310.30.42.50.01.002. However, the 310.30.42.50.01.002 justifies its premium through a superior Value Score (75 vs 69) and stronger brand recognition and resale performance. No alternative in this comparison exceeds the 310.30.42.50.01.002's Value Score of 75/100, confirming its strong position in the market. The comparison table below provides a detailed side-by-side analysis of all key metrics.
| Watch | Market Price | Size | WR | Own/Yr | Score |
|---|---|---|---|---|---|
| Omega Speedmaster Professional Moonwatch 310.30.42.50.01.002 | $6,000–$7,500 | 42mm | 50m | $586/yr | 75 |
| Breitling Navitimer AB0139211B1P1 | $6,500–$8,500 | 41mm | 30m | $643/yr | 70 |
| Breitling Navitimer AB0137211B1A1 | $7,000–$9,000 | 41mm | 30m | $680/yr | 70 |
| TAG Heuer Monaco CBL2111.BA0644 | $5,000–$6,500 | 39mm | 100m | $511/yr | 69 |
| Breitling Chronomat AB0134101B1A1 | $5,500–$7,500 | 42mm | 200m | $568/yr | 68 |
| TAG Heuer Carrera CBS2210.BA0928 | $4,500–$6,000 | 44mm | 100m | $474/yr | 69 |
A chronograph is a watch with a built-in stopwatch function, activated by pushers on the case side. Originally developed for timing horse races and scientific experiments, modern chronograph watches appeal to those who appreciate mechanical complexity and sporty aesthetics.
Important chronograph features include the type of movement (integrated vs modular), number of sub-dials (typically 2 or 3), column wheel vs cam-actuated mechanism, flyback capability, and chronograph running time. Column wheel chronographs are generally more refined but more expensive to service.
Chronographs range from dress-appropriate (thin case chronographs like the JLC Master Chronograph) to sporty and bold (Breitling Navitimer, Hublot Big Bang). Case thickness is a key consideration — chronograph movements add 2-4mm compared to time-only calibres.
Unlike Rolex, most Omega watches are readily available at authorized dealers, often with negotiable pricing. Discounts of 10-20% off MSRP are common at ADs, and grey market dealers offer even lower prices. This accessibility is both an advantage for buyers and a factor in secondary market pricing.
Modern Omega watches feature Master Chronometer certified movements, tested by METAS to resist magnetic fields up to 15,000 gauss. The Co-Axial escapement, developed by George Daniels and adopted by Omega in 1999, reduces friction and extends service intervals.
Omega recommends servicing every 5-8 years. Service costs range from $500-$800 for standard models. The Master Chronometer certification and Co-Axial escapement are designed to extend these intervals compared to traditional lever escapements.
Omega watches typically depreciate 20-40% from retail in the first few years, then stabilize. The Speedmaster Professional Moonwatch holds value best, while Seamaster and Constellation models see more depreciation. Buying pre-owned at the depreciation floor offers excellent value.
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Every current reference ranked by Value Score. Click any model for full analysis.
| Ref | Variant | Retail | Score | Own/Yr | Market |
|---|---|---|---|---|---|
| 310.30.42.50.01.001 | Hesalite/Steel | $6,900 | 76 | $549/yr | $5,500–$7,000 |
| 310.30.42.50.01.002 | Sapphire/Steel ◂ | $7,500 | 75 | $586/yr | $6,000–$7,500 |
| 310.32.42.50.01.002 | Steel/Leather Strap | $6,600 | 76 | $530/yr | $5,200–$6,800 |
Value Score 75/100 · $586/year to own · 94% retention