What's up guys.
My name is George and today we're in Miami, Florida at CRM Jewelers talking about Omega
vs Rolex.
Alright guys, so right here we have the Omega Seamaster and this is my personal Omega Seamaster,
my first luxurious watch and next to it we have the iconic Submariner in two-tone, black
dial ceramic, and then after that we have the Daytona in ceramic and then we have a
Speedmaster Man on the Moon manual wind movement.
Here we have both iconic divers from the brand.
The first one is the Omega Seamaster in ceramic from 2018.
The second is the Rolex Submariner in two tone, black dial.
Basically, these models have been around since the 1950s.
Of course in 2020 they have ceramic bezels, upgraded movements, nicer bracelets, better
finish, so basically they're modern classics and really these watches kind of are built
for the same purpose, diving.
Both are 300 meter water resistant, both are scratch resistant on the bezels because of
the ceramic and really, how do they compare?
Well a lot of you are probably watching saying “How does Omega compare to Rolex?”
Well, I'm here to tell you they've been fighting for years.
I would say they're the biggest kind of competition to each other.
This Seamaster starts around $3,500 in the pre-owned market, good condition, box, papers.
This Rolex is around $11,500 in the two-tone configuration.
In terms of built quality, man they're about the same.
I mean, the Rolex is gonna have probably a better movement I would say, but if you had
a 2020 Omega, this is an older one, they're gonna be pretty comparable in therms of power
serve and quality and accuracy.
So it's something to keep in mind, but we do get with the Rolex is basically the most
iconic design in watchmaking.
Anyone can walk up to this and recognize the Rolex or if you walk up to this, you might
now really recognize it as a nice watch if you don't know anything about watches.
But in terms of fey and finish, they do really compare very well.
So on the right side here we have two iconic chronographs from both brands, one is the
Rolex Daytona in ceramic and the other one is the iconic Moonwatch, the Omega Speedmaster.
Now, these watches are very similar, but they're also very different in many ways.
The Daytona is more of a modern kind of piece.
It has an in-house movement.
It's ceramic.
It's an automatic winding movement, whereas the Speedmaster kind of has this old, rattly
bracelet.
It's manually wound.
It has a Hesalite crystal, which means it's not that scratch resistant.
It's more of an old school kind of watch.
It's not as modern as this.
What I'd like to say is this is like an old school S-Class, where this is a 2020 S-Class.
That's the way I would kind of see it.
Both are chronographs, both were built originally for racing.
The Speedmaster kind of now is known for being a Moonwatch, is the first watch to be worn
on the moon, whereas the Rolex is kind of more of a luxury piece that's more known for
being a little showy, but both are basically some of the most collectible and desirable
watches in the world.
I mean, most people will say you need a Speedmaster and a Daytona in your collection.
So, let's talk about collect-ability for a second.
So if you're a nerd like me, you love watches, but you don't have unlimited budgets, so you
gotta kind of decide what you wanna collect.
Now, in my option and with a lot of other collectors they agree as well, is you should
own a Speedy.
I mean, I think the Speedy is an iconic piece.
It's part of kind of watchmaking history and horology, so I think you should definitely
have a Speedy.
Now, when you come over here to the divers, I'm a big Bond fan and this is a Bond watch,
so I would personally get the Seamaster, but for most people they're gonna go to Rolex,
more iconic.
It's kind of the perfect do everything watch.
You can have it as your one-watch collection and be fine and then I think the Daytona,
it doesn't have to necessarily have to be the ceramic one, but I think the Daytona is
definitely necessary in a watch collection, so really the one that I would kind of omit
would be the Seamaster if you're not really into the Bond series and you wanna watch that
represents that, you can kind of skip this and collect these three.
These are really the most iconic pieces in the world.
Alright guys, let's talk about the investment side of things for a second.
So what do I think is a good investment from this selection of watches?
Well, right off the back, the Speedy if bought I would say 20% under the retail price is
a good investment.
These are always gonna go up.
It's an iconic watch, but you have to buy the Moonwatch.
You do not buy the automatic ones.
Those will depreciate in value quite drastically, but this will always hold.
The Daytona, depending how you buy it man.
If you buy it at retail, of course you're safe.
If you buy it, you know...it was $25,000 before Corona and now it's $22,500, so depending
how you buy it it'll be safe.
You can make your money on it if you keep it long term, but you gotta buy at the right
price.
Two-tone is usually pretty stable.
This is $11,500 now.
If you buy it around there, you'll probably be safe.
Maybe your money will go up a little bit in a couple of years, like four or five years,
but it's not gonna be as drastic as a stainless steel piece and then the Seamaster is gonna
just keep depreciating.
I mean, you buy it at $3,500 because you like it and you enjoy it, not because you wanna
make any money on it.
If you buy it at that price and you wanna sell it maybe in three or four years, maybe
it'll be worth $2,7000, $2,5000, so it's gonna definitely drop, so my picks personally would
be the Speedy and the Daytona as stuff you wanna keep long term and then this is kind
of something you buy and you can enjoy and then when you just wanna get out of it, you
can and you'll get your money back, so it's something to keep in mind.
Alright guys, so today we basically talked about Omega versus Rolex.
We compared the most iconic pieces from two iconic brands.
Now all of you probably in the comments are gonna be commenting and saying, “How can
they even compare?”
Well, my opinion, I think they have a place in everyone's collection.
I think you should own both brands.
They're great, but it matters what you guys think.
So let me know in the comments what you guys would buy, what would you collect and yeah,
more videos coming soon and stay safe during Corona.