FOUND > Attic Watch Fetches $275,000
1958 Omega Speedmaster Sets New World Record
Video history of the Omega Speedmaster by Hodinkee (Watch Image: © OMEGA Ltd.).
By Janina Myn Villapando, Contributing Author for What Sells Best
The watch, a stainless steel chronograph, was found boxed in the attic of a family home by its owner’s son. It was then taken to Bukowskis Auction House in Stockholm, where it proceeded to fetch a world record price for its model.
- VIDEO - History of the Omega Speedmaster
The model, an extremely rare first generation Speedmaster from 1958, with reference CK 2915-1, is distinguishable by its famous design. A black dial with Broad Arrow hands, tachymeter scale on the bezel, and the sought-after calibre 321.
The Speedmaster, first introduced in 1957, has had many versions. One of the most famous, the Speedmaster Professional, or 'Moonwatch' was picked by NASA after rigorous testing. The watch was worn on the Gemini 4 mission by Ed White during the first American spacewalk. Then later by Buzz Aldrin, during the Apollo 11 mission, which put men (and an Omega) on the moon, for the first time in history.
The purchase, 2,226,250 Swedish Kroner, or $275,508 US dollars, was an unexpected surprise, soaring well above prior expectations. And, just in time for Omega's celebration of the 60th Anniversary of the Speedmaster.
WHY IT'S RARE
The watch was one of the most desired pieces in the auction because of its original condition, unpolished case, and original dial. This is rarely seen in the CK 2915-1 model. The sale provided a unique opportunity for collectors to own one of the rarest Speedmasters ever found.
Among attic treasures we’ve tracked, this piece definitely deserves the attention it’s generating.
Small details can make a big difference with the prices of rare watches. If you think you've found something similar, check with the experts on our free appraisals page.
Bukowskis Auction House sold the watch on October 25, with an estimated sell price of $110,000. Because of rarity, a bidding war ensued and the final price skyrocketed to $275,508 (after buyer premium). The watch was listed on Bukowskis website as Lot 45.
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