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Omega Speedmaster Mark II Buying, Selling and Value Guide | Ultimate Watch NYC

The Omega Speedmaster Mark II is the barrel-cased sibling to the Moonwatch, launched in 1969 while the classic 42mm Speedmaster Professional was already four years old and still headed to the lunar surface. Omega did not touch the movement or the collector's trust that came with it; they took the same hand-wound Lemania-based caliber 861 that ran in the Moonwatch and dropped it into a tonneau-shaped stainless steel case that reads pure late-1960s design. The tachymeter moved off the bezel and onto a ring printed under a flat mineral crystal, which gave the watch a cleaner face and a fixed scale that could not wear off from years on the wrist. For decades the Mark II sat in the shadow of the Moonwatch, and that is exactly why it is one of the smarter buys in vintage Omega right now. You get the same 861 caliber, real Speedmaster DNA, and a case shape you will not confuse with anything else on the street, usually for a fraction of what a comparable-era Moonwatch costs. We buy and sell the vintage 145.014 and the 2014 co-axial re-edition regularly at our counter on 47th Street, and we can tell you which examples hold and which ones do not.

Specifications

Reference145.014
MovementOmega caliber 861, manual wind, Lemania 1873 base
Frequency21,600 vph (3 Hz)
Power ReserveApproximately 48 hours
Water ResistanceModest by modern standards, treat any vintage example as splash resistant only until pressure tested
CrystalFlat mineral crystal with the tachymeter scale printed on the underside periphery (internal tachymeter)

History

Iconic References

Buying Guide

Pricing & Market Data

Cultural Significance

Collector's Lore

The Mark II carries the nickname weight of being the Speedmaster that was not on the Moon, and for years that kept it cheap and overlooked. The Racing dial, gray with orange accents, is the piece that pulled the model back into the spotlight through enthusiast coverage, and it remains the variant collectors quote first. The internal tachymeter under the flat crystal is a small detail that tells the whole story of the watch: Omega taking the proven Moonwatch caliber 861 and rethinking the case and dial for a new decade. When Omega revived the exact tonneau silhouette in 2014 with the co-axial caliber 3330, it confirmed what patient collectors already knew, that the Mark II was never a lesser Speedmaster, just a quieter one.

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