Omega Speedmaster CK2998
Reference 311.32.40.30.02.001
Hold — Stable price development
D
Investment Grade D · 5/100
$7,702
As of: 26.08.2026
RRP (list price): $6,826
+13 % above RRP
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ℹ️ 1-month trend
Price change over the past 30 days. Shows the short-term market movement — relevant if you want to buy or sell soon.
ℹ️ 4-month trend
The central metric behind the momentum score. It filters out short-term swings and shows the true, medium-term market trend of this reference.
ℹ️ Volatility
Annualised price fluctuation. Below 10 % = very stable, 10–20 % = normal, above 20 % = volatile. With high volatility the price can change quickly — in both directions. Be cautious about buying without checking the current price.
ℹ️ Momentum score
ChronoCheck's own indicator from 0 to 100, calculated from the 4-month trend, volatility and market direction.
- Above 60 — Upward trend. Good time to sell, prices are rising.
- 40 – 60 — Neutral. Stable price level, no pressure to act.
- Below 40 — Downward trend. Wait or enter at a good price.
ℹ️ Investment Grade A/B/C/D
ChronoCheck's own rating for each reference. A 0–100 point scale, made up of four weighted components:
- Momentum (40 pts) — trend strength from the momentum score.
- Liquidity (25 pts) — number of active live listings.
- Stability (20 pts) — inverse volatility — the calmer, the better.
- Source robustness (15 pts) — number of independent market sources.
- A · 75+ Trend is right, liquidity good, data broad.
- B · 55–74 Solid, but one component weaker.
- C · 35–54 Average, volatility or market breadth weigh on it.
- D · below 35 Downward or too little data — a collector's piece.
Not investment advice. Pure data analysis from aggregated market sources.
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Technical data
Model family
Speedmaster CK2998
Production period
2002 – 2020
Movement / caliber
Cal. 1861
Winding type
Manual winding
Lift angle 50° — important for timing-machine diagnosis:
with this value a watchmaker can correctly measure rate deviation, amplitude and beat error.
ChronoCheck verifies such technical details directly from the manufacturers' factory specifications.
Omega Ref. 311.32.40.30.02.001 — Variants and collector names
Known as: CK2998 Pulsometer, Panda Pulsometer Speedy, Anniversary Series Pulsometer, Panda 39.7
Movement variants
- 1861 (2018–2020) · 21600 bph
Crystal variants
- FOIS-Gen1-BoxSaphir-AR-innen-39.7mm
Serial numbers
- 1 – 2998 (2018–2020) — Limited edition: serial number 'X/2998' engraved on the case back. A separate Omega serial number (dial side, typically 89–95 million for 2018–2020) is also present.
## 39.7 Millimeters and a History That Started in 1959
The 311.32.40.30.02.001 draws on the format of the CK2998 — the very first Speedmaster ever made, launched in 1959 with a case diameter of 39.7 millimeters and a pulsometer scale on the bezel. Place this reference next to a current Moonwatch and you'll immediately notice what that 2.3-millimeter difference does: the smaller diameter puts the dial front and center, not the case. Collectors call this reference the "Panda Pulsometer" or "Panda 39.7" — white dial against pitch-black subdials, no shades of gray in between. Omega didn't soften that look for the Anniversary Edition.
## What the Pulsometer Scale Was Originally Built to Do
In the late 1950s, the pulsometer scale wasn't a design flourish — it was a medical instrument. It served as a calculation aid in doctors' offices and emergency services: count 15 heartbeats, stop the timer, read the value off the scale — done. The fact that this measuring logic now lives on a bezel competing visually with the Panda dial is no contradiction. It explains why this reference carries such a distinct name within the collector community and is rarely described without that detail.
## Calibre 1861 and No Reason to Modernize
The 311.32.40.30.02.001 is powered by the manually wound Calibre 1861, fitted in the Professional line since 1968 and tested as part of NASA qualification for the Apollo program. 18 jewels, 48 hours of power reserve. Omega switched neither to a Co-Axial escapement nor to a rotor for this reference, because either change would undermine the concept of a historically faithful Speedmaster format. The movement isn't a compromise — it's the whole point.
Brand profile: Omega
Omega is the second most counterfeited Swiss watch brand. The Speedmaster and Seamaster are especially targeted. Pay close attention to movement details (Co-Axial) and dial textures.
Key authenticity features
- Speedmaster: The chronograph reset hand must snap back precisely to 12 o'clock — fakes stop 1–3 seconds off or wobble
- Speedmaster (Hesalite): The Omega logo is micro-laser-etched on the UNDERSIDE of the Hesalite crystal — only visible at a specific angle and in the right light — fakes omit it or place it incorrectly
- Seamaster: The wave-pattern dial must be ENGRAVED (tactile relief) — printed/flat wave lines = fake
- DON (Dot Over Ninety): small dot ABOVE the '90' on the Speedmaster tachymeter bezel — position/size often wrong on fakes
Serial number format: Omega serial number: 8-digit number on the caseback or between the lugs (on older models). Since ~2018 engraved on the caseback at 6 o'clock. Format: purely numeric. Verifiable on the Omega website with an extract from the archive.
Buying guide: Omega Speedmaster CK2998
Entry into Omega
At $7,702 this reference is one of the more affordable ways to wear a Omega on your wrist. That is precisely why many pieces have already passed through several hands — condition varies accordingly. Buyers here should pay particular attention to service history and honest photos from the seller.
Watch out for swings: This reference has an above-average volatility of 48.3 percent. In concrete terms: the price can move by several hundred euros within a few weeks. Check the current value before buying or selling — old listings or auction results from two months ago are of little help.
What to look out for when buying?
- Authenticity: The serial number and reference on the case must match the papers. A professional authenticity check of the Omega Speedmaster CK2998 reliably rules out counterfeits.
- Condition: Check scratches on the case and bezel — professional refurbishment can leave traces.
- Service history: A documented service by the manufacturer or a certified watchmaker increases the value.
- Scope of delivery: Box, papers and warranty card make a noticeable price difference on the Speedmaster CK2998.
- Independent certification: The CPS-52 standard covers 52 checkpoints — from the serial number and the timing machine to water resistance. The result is secured on the blockchain and can be verified at any time.
Frequently asked questions about the Omega Speedmaster CK2998
What is the current market value of the Omega Speedmaster CK2998 (Ref. 311.32.40.30.02.001)?
The current market value of the Omega Speedmaster CK2998 Ref. 311.32.40.30.02.001 is $7,702 (as of 26.08.2026). We aggregate asking prices from several independent live market sources — authorised dealers, CPO dealers, pre-owned marketplaces and auction results. The actual sale price can vary by 10–15 % up or down depending on condition, completeness and service history.
How has the price of the Omega Ref. 311.32.40.30.02.001 developed over the past 4 months?
The 4-month trend is stable. Over the past month the change was -16.0 %. Volatility is above average at 48.3 % — the price can move noticeably in the short term.
Is now a good time to buy or sell the Omega Speedmaster CK2998?
Stable market conditions — no acute pressure to act. This assessment is based on the market trends of the past 4 months and is not investment advice. Before any transaction we recommend checking the current market price up to date — for example with our free market value tool.
What should I look out for when buying a Omega Speedmaster CK2998?
The key things to check when buying a Omega Speedmaster CK2998 are: 1) that the serial number and reference match the papers, 2) the condition of the case and bezel (scratches, signs of polishing), 3) completeness of box and warranty card (a 10–15 % price premium for a full set), 4) a documented service history, 5) an independent authenticity check — advisable from a purchase price of 5,000 EUR.
How do I tell whether a Omega Speedmaster CK2998 is genuine?
With a Omega, counterfeits can usually be spotted from several details: the weight and material quality of the case, the precise execution of the bezel and dial, correctly engraved serial numbers at the prescribed depth, and the behaviour of the movement. A forensic authenticity check to the CPS-52 standard examines 52 individual points and is the most reliable method — especially for purchases over 10,000 EUR.
Where can I sell a Omega Speedmaster CK2998 Ref. 311.32.40.30.02.001?
There are several channels for selling a Omega Speedmaster CK2998: 1) specialist online dealers (Chrono24, Watchfinder, Wempe, Chronext) — fast, but with a 10–20 % margin deduction, 2) auction houses (Phillips, Christie's, Sotheby's) — higher proceeds possible, takes 3–6 months, 3) private sale (classifieds, WatchUSeek) — highest proceeds, but more effort and fraud risk. In our experience a ChronoCheck valuation report raises the achieved sale price by 5–10 %.