Omega Speedmaster Racing Mens 44.25mm Automatic Co-Axial
Reference O32932445101001
Hold — Stable price development
D
Investment Grade D · 0/100
$11,844
As of: 16.06.2026
RRP (list price): $11,779
+1 % 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 Racing Mens 44.25mm Automatic Co-Axial
Omega Ref. O32932445101001 — Variants and collector names
Known as: Speedmaster Racing 44, Two Counters Racing, SpeedyRacing Orange, Racing Co-Axial
Production phases and changes
- 2017: Introduction of the Speedmaster Racing Co-Axial Master Chronometer with Cal. 9900 (Ref. 329.32.44.51.01.001)
Movement variants
- 9900 (2017–today) · 28800 bph
Bezel variants
- SpeedyRacing-44.25-Schwarz-Keramik-Orange-Liquidmetal-Tachy
Dial variants
- Two Counters Black Racing Dial — OMEGA top / Speedmaster / Racing / tachymeter minute track (Racing style) / subdial 9h: running seconds / subdial 3h: 60-min + 12h chrono combined / date at 6h / arrow indices 18K white gold
Crystal variants
- Saphir-Dom-AR-beidseitig-SpeedyRacing-44.25mm
Bracelet variants
- Schwarzes mikroperforiertes Kalbsleder mit orangem Kautschukfutter Ref. SpeedyRacing-329.32-Schwarz-Kalbsleder-OrangeKautschuk-SpeedyFoldover-22mm
## Two Counters, Four Names: The Speedmaster Racing 329.32.44.51.01.001
In 2017, reference 329.32.44.51.01.001 replaced the older Cal. 9300 generation. At least four collector nicknames circulate for it: Speedmaster Racing 44, Two Counters Racing, SpeedyRacing Orange, and Racing Co-Axial. The "44" refers to the case size, while "Two Counters" points to the pared-back dial layout with two subdials instead of the three usually found across the Speedmaster family.
## 60 Hours of Power Reserve, 15,000 Gauss: Inside the Cal. 9900
Under the case sits the Caliber 9900, METAS-certified and shielded against magnetic fields up to 15,000 Gauss thanks to its silicon balance spring. Two barrels connected in series deliver 60 hours of power reserve, a clear leap over the previous generation. Buyers scouring the pre-owned market for a chronograph reference with real staying power routinely land on this exact caliber.
## Orange as the Giveaway on Dial and Bezel
Internally, the dial is designated the Two Counters Black Racing Dial, pairing racing black with orange hands and subdial accents. The SpeedyRacing-44.25 bezel is made of black ceramic, with the tachymeter scale set in orange Liquidmetal. What matters for identifying it on the secondary market: only the 329.32 line carries this orange treatment consistently across bezel, hands, and rubber strap lining. The parallel steel-bracelet reference, 329.30, skips it entirely and stays in a neutral rhodium and Liquidmetal tone — a distinction that often trips up buyers trying to tell the two lines apart on resale.
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 Racing Mens 44.25mm Automatic Co-Axial
Market situation and price range
At $11,844 the Speedmaster Racing Mens 44.25mm Automatic Co-Axial sits in a segment where first owners sell regularly — clean pieces with box and papers are not uncommon. The jump from "good" to "very good" usually costs 1,000 to 2,000 euros more at purchase. You get that premium back on resale if the condition is preserved.
Watch out for swings: This reference has an above-average volatility of 44.3 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 Racing Mens 44.25mm Automatic Co-Axial 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 Racing Mens 44.25mm Automatic Co-Axial.
- 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 Racing Mens 44.25mm Automatic Co-Axial
What is the current market value of the Omega Speedmaster Racing Mens 44.25mm Automatic Co-Axial (Ref. O32932445101001)?
The current market value of the Omega Speedmaster Racing Mens 44.25mm Automatic Co-Axial Ref. O32932445101001 is $11,844 (as of 16.06.2026). 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. O32932445101001 developed over the past 4 months?
The 4-month trend is stable. Volatility is above average at 44.3 % — the price can move noticeably in the short term.
Is now a good time to buy or sell the Omega Speedmaster Racing Mens 44.25mm Automatic Co-Axial?
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 Racing Mens 44.25mm Automatic Co-Axial?
The key things to check when buying a Omega Speedmaster Racing Mens 44.25mm Automatic Co-Axial 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 Racing Mens 44.25mm Automatic Co-Axial 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 Racing Mens 44.25mm Automatic Co-Axial Ref. O32932445101001?
There are several channels for selling a Omega Speedmaster Racing Mens 44.25mm Automatic Co-Axial: 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 %.