The Omega Speedmaster 38 Co-Axial Chronograph ref. 324.63.38.50.02.003 is a 38mm precious-metal chronograph. It sits inside the broader Speedmaster family but steps away from the classic steel racing look. The case uses Omega's proprietary Sedna Gold alloy, which holds its warm rose-gold tone longer than standard rose gold.
This review covers the key specs, the ownership questions we hear at the desk, and the checkpoints every buyer should run before signing. The watch is brand new and listed at $19,599 at Bizak and Co.
324.63.38.50.02.003 at a glance
| Specification | Detail |
|---|---|
| Reference | 324.63.38.50.02.003 |
| Model family | Omega Speedmaster 38 |
| Case size | 38mm |
| Case material | Rose Gold |
| Dial | Silver with index hour markers |
| Movement | Automatic |
| Bracelet / strap | Leather |
| Condition | Brand New |
| Asking price at Bizak | $19,599 |
What the specs mean on the wrist
The 38mm case size is the first thing buyers ask about. It wears smaller than the classic 42mm Speedmaster. That suits collectors with slimmer wrists, and it also reads as a dress-casual piece rather than a full sport watch. The Sedna Gold case pairs with an aluminium bezel, which is a deliberate contrast. You get precious-metal weight and warmth in the hand, with a lighter, sportier bezel up top.
The silver index dial keeps the face clean and legible. The leather strap reinforces the elegant direction. This is not a bracelet-and-beads-of-sweat watch. It is built for dinners, travel, and weekend wear. The Co-Axial escapement means the movement needs less frequent servicing than a standard lever-escapement watch. That matters when the case is precious metal and service costs reflect that.
The dealer’s take
At the desk, this reference attracts two types of buyer. The first already owns a steel Speedmaster and wants something richer for formal occasions. The second is coming from another brand's rose-gold chronograph and wants Omega's movement credentials alongside the colour. Both groups ask the same first question: does 38mm read too small on the wrist? The honest answer is that it depends on wrist size, and we encourage every buyer to try it on before deciding.
The second most common question is about the Sedna Gold alloy itself. Buyers want to know if it will fade or change colour over time. Omega developed Sedna Gold specifically to resist that fade. That is a real technical point, not a marketing line, and it matters for a watch at this price. Buyers also ask about the aluminium bezel holding up in daily wear. Aluminium can scratch, and that is worth knowing going in.
What to check before you buy a Speedmaster 38
- Confirm brand-new status with paperwork: A brand-new watch should come with full Omega box, warranty card, and all hangtags intact. Check that the warranty card is blank and undated. Ask for the purchase receipt or dealer invoice.
- Inspect the Sedna Gold case and bezel: Even new watches can show handling marks from display. Check the case flanks and lugs under good light. Look at the aluminium bezel insert for any nicks or uneven finishing before you accept delivery.
- Verify the Co-Axial movement operation: Start the chronograph and reset it. The sweep second hand should return cleanly to zero. Listen for any irregular sound from the movement. A brand-new watch should run without hesitation.
- Check the leather strap condition: Leather straps can show creasing or glue separation even before first wear if stored poorly. Open and close the buckle. Check the stitching along both edges. A perfect strap matters at this price point.
Who the 324.63.38.50.02.003 is for
This watch suits a buyer who wants a Speedmaster with precious-metal presence but prefers a 38mm case over the larger sport sizes. It works well as a step-up from a steel chronograph or as a single refined piece that moves from the office to an evening out. The leather strap and silver dial lean formal, so buyers who want a full sport or tool-watch character should look at steel references instead.
Alternatives worth considering
- Speedmaster 38 Co-Axial in steel — Cross-shopped by buyers who want the same case size with a lower entry price and a sportier material.
- Speedmaster Professional Moonwatch — Buyers drawn to Speedmaster history sometimes compare before committing to the 38mm format.
Compare them side by side in our Speedmaster 38 collection or browse every Omega we have in stock.
The Bizak & Co. verdict
Ref. 324.63.38.50.02.003 is a focused piece. It takes the Speedmaster name, scales the case to 38mm, wraps it in Sedna Gold, and fits it with a Co-Axial movement and a clean silver dial. Every choice points the same direction: refined, wearable, technically sound.
The asking price is $19,599. This is a brand-new precious-metal chronograph, and rare or specific examples are best discussed directly with our team. If the 38mm size and Sedna Gold case fit what you are looking for, this reference is worth a serious look.
FAQ: 324.63.38.50.02.003
What is the asking price for the Omega Speedmaster 38 Sedna Gold ref. 324.63.38.50.02.003 at Bizak and Co.?
The listed asking price at Bizak and Co. is $19,599. The watch is brand new. Contact our team directly to discuss purchase options or trade-in.
Is 38mm too small for everyday wear on the wrist?
The 38mm case is smaller than the standard Speedmaster sport models. It suits slimmer wrists well and reads as a dress-casual watch rather than a full sport piece. We recommend trying it on before you decide.
What is the Co-Axial escapement and why does it matter?
The Co-Axial escapement is Omega's own movement technology. It reduces friction inside the movement, which means the watch needs servicing less often than a traditional lever-escapement watch. That is a practical benefit in a precious-metal case where service costs are higher.
What is Sedna Gold and will it keep its colour over time?
Sedna Gold is a proprietary alloy developed by Omega. It is designed to hold its warm rose-gold tone longer than standard rose gold. That resistance to colour change is one of the main reasons Omega uses it in premium references like this one.
Ready to buy the 324.63.38.50.02.003? See live photos and today’s price ($19,599). Have one to move? Sell or trade it to Bizak & Co.. Here’s why collectors deal with us.
Further reading from the dealer desk: certified pre-owned Omega · the watch-nicknames glossary · our live price checker.
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