Credits: Article and images by Chris Malburg @ Quill & Pad. See the original article here - https://quillandpad.com/2024/05/05/omega-speedmaster-50th-anniversary-snoopy-the-beagle-has-landed/
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The case back is where Omega surprised and delighted Speedy fans the world over. There’s a detailed image of the gray moon complete with craters. To its right is a beautiful blue disk of the Earth. It’s linked to the second hand on the watch face so it always rotates counterclockwise.
Then there’s the Beagle himself, piloting the command module across the case back. Snoopy’s spacecraft is linked to the chronometer. When engaged, Snoopy does a flyby every sixty seconds.
Finally, there’s NASA’s motto, Eyes on the Stars, in white floating as a banner across the starry night sky.
A collector’s item whose value will appreciate?
Some owners hope so. Others believe the fact that the Beagle’s 50th Anniversary edition is not limited—as are its two predecessors—will keep the value static. If you follow my writing, you know that I never buy a time piece for investment. Well, almost never. I did buy an early Rolex Skydweller, blue dial in steel. It has appreciated about 50%. I still have it and likely always will.
The Beagle’s 50th has a one-to-two-year wait time from initial order. And that’s for buyers with a preexisting relationship at their Omega authorized dealer. If the AD doesn’t already know you, fuhgeddaboudit. They’ll not likely even accept your order. Omega has a number of lines and many variants within each line. Their manufacturing capacity is not limitless. So already the supply of newly minted 50th Anniversary Beagles cannot begin to satisfy demand.
Enter the aftermarket. If you really want a 50th Anniversary Silver Snoopy you can likely find one. They come in all conditions, from merely good, to like new, to unworn; from watch only (an unfortunate occurrence) to full set. Prices on the aftermarket have moved as expected for a hot item. They initially jumped from the $10,600 AD’s list price to as high as $30,000.
Since release, secondary market prices have fallen by roughly 50%. With some patience and research, you can likely find a new, unworn full set Silver Snoopy 50th Anniversary for $17,000 to $18,000.
Here’s my guess for the future: Secondary prices will hover around $17,000 until 2025-2026. That’s when and if Omega releases a 55th Anniversary edition. At that time, production of the 50th Anniversary edition could cease, possibly driving prices up again. If Omega doesn’t top the animation of the 50th Anniversary edition with the 55th, then all bets are off. We could witness a price bubble for the 50th.
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Credits: Article and images by Chris Malburg @ Quill & Pad. See the original article here - https://quillandpad.com/2024/05/05/omega-speedmaster-50th-anniversary-snoopy-the-beagle-has-landed/