Luxury Watch Reviews

Omega First Omega Wrist Chronograph

Brand Omega
Collection Museum Collection
Reference 516.52.48.30.04.001
Movement Omega caliber 3018 Hours Minutes Small Seconds
Established Luxury White Pre-Owned Market Data
47.50 mm
Sapphire
30.00 m
2018
Switzerland
Dress

The Omega First Omega Wrist Chronograph, often referred to as the Lawrence of Arabia Watch, is a distinctive timepiece that pays homage to the enduring legacy of T.E. Lawrence. Known for its historical significance and elegant design, this watch has captured the interest of collectors and enthusiasts alike.

Watch Details:
- Model: Omega First Omega Wrist Chronograph
- Reference Number: 224.50.40.20.01.001
- Movement: Omega Co-Axial Caliber 3330
- Case Material: Stainless Steel
- Case Diameter: 40 mm
- Dial Color: Silver with sub-dials
- Water Resistance: 100 meters
- Features: Chronograph function, tachymetric scale, transparent case back

Pricing:
- New Pricing: Approximately $6,500 to $7,500
- Pre-owned Pricing: Ranges from $4,000 to $5,500 depending on condition and provenance.

Ranking:
1. Investment Value: 8/10 - The watch has a strong historical connection and is likely to appreciate over time, particularly due to its limited production and collector interest.
2. Pre-owned Pricing: 7/10 - While pre-owned prices can vary, they remain relatively stable, making it a reasonable investment for collectors.
3. Reliability: 9/10 - Omega is known for its robust movements and durable construction, ensuring long-lasting performance.
4. Wow Factor: 8/10 - The watch's unique design and historical significance give it a notable appeal, especially among fans of T.E. Lawrence and vintage chronographs.

Overall, the Omega First Omega Wrist Chronograph is not only a stylish accessory but also a timepiece with historical depth and potential for future value appreciation.

Frequently Asked Questions


How much does the Omega First Omega Wrist Chronograph cost?

Pricing for the Omega First Omega Wrist Chronograph varies based on condition, completeness of box and papers, and current market demand. See the Pricing and Market Value section above for current retail and pre-owned ranges.


Is the Omega First Omega Wrist Chronograph a good investment?

Resale value depends on the brand's market position, the model's collectibility, and the condition of the specific piece. Our investment ranking above gives a snapshot, but consult a professional appraiser before treating any watch as a financial asset.


What movement does the First Omega Wrist Chronograph use?

This model runs the Omega caliber 3018 Hours Minutes Small Seconds | Chronograph Column wheel movement.


How do I authenticate a pre-owned Omega watch?

Verify the reference number (516.52.48.30.04.001), check serial numbers against brand records, inspect the movement against known photos, and request service history. Authorized dealers and brand boutiques can confirm authenticity for a fee. Use our evaluation tool for a starting point.


What should come with this watch

A complete pre-owned set should include all of the following. Missing items typically reduce resale value 10-25%.

Original red Omega presentation box
Outer cardboard sleeve
International warranty card (signed, dated)
Pictogram / instruction manual
Extra bracelet links
Chronometer certificate (if METAS)
Authentication hangtag
Service papers (if previously serviced)

Service intervals and cost

Recommended interval 5-8 years
Authorized service $1,000 - $1,500
Turnaround 8-10 weeks

Speedmaster Professional, Co-Axial chronograph. Independent watchmakers typically charge 30-50% less for the same service but may not have access to genuine Omega parts. Service includes movement overhaul, gasket replacement, and case polishing (refusable).

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