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Omega Speedmaster Reduced: The Small Speedy

An automatic caliber and 39-mm case have come to define the Omega Speedmaster Reduced. This chronograph is considered to be a smaller edition of the Moonwatch and is generally more affordable. Its value has risen considerably in recent years.

By Chrono24

A Speedmaster for Beginners and Collectors

Many Speedmaster fans consider the Speedmaster Reduced chronograph the little sibling of the Speedmaster Professional Moonwatch. This is because the two models share much of their design, but have cases measuring 39 and 42 mm in diameter, respectively. Thus, the Speedmaster Reduced – also known as the Speedmaster Automatic – is a great option for smaller wrists.

Omega has always outfitted the Speedmaster Reduced with an automatic caliber. Originally only available as a chronograph, later versions saw the addition of a date, day-date, moon phase, and even a perpetual calendar. Early editions without additional functions use the caliber 1140, which was later replaced by the 3220. Both movements are based on the ETA 2890-A2 and feature the Dubois Dépraz chronograph module 2020. The greatest advantage these movements have over the manual caliber 1861 found in the current Moonwatch is that you don't have to wind them every other day as long as you wear them regularly.

The Speedmaster Reduced has served as an affordable entry point into the Speedmaster collection ever since its debut in 1988. This remains true to this day, even though Omega has retired the series. Prices for these models have increased significantly in recent years. Today, it's impossible to find Reduced watches selling for 1,000 USD or less. Pre-owned pieces dominate the market, and depending on the watch's condition, demand around 2,500 USD.


Prices at a Glance: Omega Speedmaster Reduced

Reference number Pre-owned price (approx.) Features
175.0032 6,500 USD Gold case, golden dial and subdials
3510.50.00 2,500 USD Hesalite crystal, water-resistant to 30 m (3 bar, 98 ft)
175.0032 2,500 USD Two-tone case, golden dial and subdials
3510.12.00 2,800 USD Yellow racing dial and subdials
175.00.33 2,800 USD Golden bezel, white dial
3510.82.00 3,700 USD Japan Edition, blue dial
3539.50.00 3,600 USD Sapphire crystal, water-resistant to 100 m (10 bar, 328 ft)

How much does an Omega Speedmaster Reduced cost?

In mid-2022, the splash-proof ref. 3510.50.00 with Hesalite crystal cost almost 2,500 USD. This means that between July 2020 and July 2022, this model appreciated in value by around 40%.

If you'd prefer a Speedmaster Reduced with sapphire crystal and water resistance to 100 m (10 bar, 328 ft), you should take a look at the ref. 3539.50.00. Omega also equipped this model with a more comfortable band. Collectors refer to it as the "Speedmaster Reduced II," since it is an upgraded version of the ref. 3510.50.00. You can purchase a 3539.50.00 for around 3,700 USD. The same watch would have set you back only 2,500 USD in July 2020. If you had bought this model at its 2020 price, you could sell it today for a healthy profit of over 46%.

Prices for Two-Tone Models and Special Editions

In the early 1990s, Omega also offered two-tone editions of the Speedmaster Reduced like the ref. 3310.20.00. Other than its combination of stainless steel and golden, this model is identical to the 3510.50.00. Be prepared to spend at least 3,400 USD for a two-tone Reduced.

Speedmaster enthusiasts enjoy the numerous rare editions such as the Speedmaster Reduced Albino ref. 175.00.33. This timepiece combines a white dial with gold subdials. With a bit of luck, you might find this model for around 3,400 USD. The version with a white dial and subdials sells for as little as 2,900 USD.

The Japan Edition ref. 3510.82.00 pairs a blue dial with white subdials. You can call this watch your own for roughly 3,800 USD.

If you're on the lookout for a solid gold Speedmaster Reduced, check out the ref. 175.0032. The case and bracelet of this model are crafted from 18-karat gold, and even the dial and subdials are golden. You can buy this model in good condition for around 3,400 USD. This means that the value of this watch rose by 75% between July 2020 and July 2022.

The Speedmaster Reduced ref. 3510.12.00 features a yellow dial and white minute track. The stainless steel case is paired with a matching steel bracelet. In July 2022, prices for this watch on Chrono24 came in at around 2,800 USD. Prices have increased by around 1,000 USD in the last two years.


Speedmaster Reduced vs. Professional

Perhaps the two biggest differences between the Speedmaster Reduced and the Professional Moonwatch are the former's automatic caliber and smaller 39-mm case. Furthermore, at 12 mm thick, the Reduced is 2 mm thinner than the Moonwatch. When measured from lug to lug, the Reduced is 44 mm long and the Professional, 47 mm. Thus, the automatic Speedmaster Reduced is a fantastic choice for those with narrower wrists.

A closer look at the Speedmaster Reduced's case will reveal that its push-pieces don't line up with the crown. This is because the Dubois Dépraz chronograph module rests atop the rest of the movement.

While the dial bears a strong resemblance to that of the Moonwatch, there are some obvious distinctions. First and foremost, the Reduced's subdials sit farther out from the center and touch the minute track around the dial's edge. What's more, while the Professional has a small seconds at 9 and a minute counter at 3 o'clock, these subdials swap positions on the Reduced. Both versions feature a 12-hour counter at 6 o'clock.

Another difference is the hour markers. Omega decided to add Arabic numerals to the minute track on the ref. 3510.50.00. You can find them on the dial next to the hour indices. Both the Moonwatch and Reduced II feature only line indices.

The Speedmaster Reduced has a lug width of 18 mm. The Professional's lug width is 20 mm. This further enhances the Reduced's overall smaller nature. However, you can strengthen its wrist presence with a thick leather or NATO strap. In fact, all Speedmasters are easy to make your own by changing out the band.

At a Glance: The Reduced vs. the Professional

  • Reduced diameter: 39 mm, Professional diameter: 42 mm
  • Automatic instead of manual calibers
  • Lug width: 18 vs. 20 mm
  • Arabic numeral minute markers on the ref. 3510.50.00
  • Reduced with subdials that reach the minute scale
  • Ref. 3539.50.00 with water resistance to 100 m (10 bar, 328 ft)