Steel Watch Prices Explained: "Cheap" Omega Speedmaster Professional & Expensive Rolex Daytonas

Stainless steel sports watches have become a fixation among watch collectors. Outrageous watch prices, dealer waiting lists, and marketplace scarcity have affected watches like the Rolex Daytona, Patek Philippe Nautilus, and Omega Speedmaster Professional. Tonight, Tim Mosso separates the facts from the hype surrounding the current market for stainless steel sports watches. If you are shopping for a watch or just want to know how to find the best prices on used watches, this show should be your first stop. The 2021 Omega Speedmaster Professional represents a huge upgrade of the longstanding NASA issued Omega Moonwatch. Still 42mm in stainless steel and mounted on a full bracelet, the Speedmaster Professional now includes design refinements calculated to echo the famous Apollo-era Speedmasters of the late 1960s. Subtle changes to the dial, bezel, and bracelet echo the vintage Speedmaster 105.012, the first "Professional" model issued to astronauts. A new caliber 3861 adds Master Chronometer certification, a silicon hairspring, a longer 50-hour power reserve, hacking seconds, a co-axial escapement, and a free-sprung balance. This Omega Speedmaster Professional retails for $6,300 on a full bracelet, but it can be found preowned between $5,600 and 5,900. The 2021 Patek Philippe Nautilus is a watch collector obsession. The Patek Nautilus 5711 will be discontinued after 2021, so the feeding frenzy may have a shelf life. Nevertheless, the blue dial 5711/1A-010 is trading for over