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OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND YELLOW GOLD - BRAND NEW

OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND YELLOW GOLD - BRAND NEW OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND…

Reference 123.20.38.21.02.002

Full watch configuration

OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND YELLOW GOLD - BRAND NEW

$7,399.00
Requested condition
Brand New

By Omega

Sourced to order. We confirm the watch, condition and final price before purchase. Reference images shown.

Eligible watches: 90-day returns for store credit only. Brand-new watches and other exclusions are final sale. Return terms.

OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND YELLOW GOLD - BRAND NEW

OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND YELLOW GOLD - BRAND NEW

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OMEGA 123.20.38.21.02.002 CONSTELLATION CO-AXIAL 38mm STEEL AND YELLOW GOLD - BRAND NEW

Catalogue watch price: $7,399.00 USD

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The Omega Constellation Co-Axial 123.20.38.21.02.002 is a brand-new 38mm two-tone dress watch pairing a stainless steel case with a yellow gold bezel, a clean silver index dial, and a matching yellow gold and stainless steel bracelet. This reference sits squarely in Omega's storied Constellation family, blending classic proportions with the precision of Co-Axial escapement technology.

Reference 123.20.38.21.02.002 stands out for its versatile 38mm sizing and the timeless contrast of polished steel against warm yellow gold, making it equally at home dressed up or worn casually. Contact Bizak & Co. today to purchase this Omega Constellation at the best available price or to learn more about our new watch inventory.

Compare it across every Constellation reference we carry, or browse the full Omega collection at Bizak & Co.

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The Omega Constellation is one of the most recognizable and historically significant watch families in Swiss horology, tracing its origins to 1952 when Omega introduced a line built expressly to earn the highest chronometric observatory certifications available. Over seven decades the Constellation evolved through several iconic design generations, but it has consistently represented Omega's commitment to precision, elegance, and refined daily wearability. Today the collection stands as a benchmark for the luxury dress-sport category, worn by professionals, collectors, and style-conscious buyers worldwide.

Reference 123.20.38.21.02.002 exemplifies everything the modern Constellation stands for. The 38mm stainless steel case is an ideal size—substantial enough to read easily on the wrist, yet balanced and never overpowering beneath a shirt cuff. The yellow gold bezel adds a warm, luxurious accent that elevates the watch beyond a purely utilitarian timepiece, while the stainless steel case body ensures durability and resistance to the demands of everyday life.

The silver dial with index hour markers is a study in restrained elegance. Clean, uncluttered surfaces allow the yellow gold indices to draw the eye to the time with effortless legibility. Omega's attention to finishing is evident in the interplay of polished and brushed surfaces, hallmarks of Geneva-level craftsmanship that reward close examination. The Constellation's signature four-claw bezel frame—a nod to the observatory roots of the collection—anchors the dial aesthetically and ensures immediate recognition.

Powering this reference is Omega's Co-Axial escapement, a technology co-developed with master watchmaker George Daniels and adopted by Omega as the foundation of its modern movement architecture. The Co-Axial mechanism reduces friction within the escapement compared to a traditional lever design, meaning the movement requires less frequent servicing and maintains its precision over longer intervals between service intervals—a meaningful practical advantage for a watch you intend to wear and depend upon for years. The two-tone yellow gold and stainless steel bracelet completes the package with the same dual-material philosophy as the case and bezel, creating a cohesive, sophisticated aesthetic from every angle.

From a collecting and investment standpoint, the Omega Constellation in its two-tone steel and yellow gold configuration occupies a distinguished niche. Two-tone Omegas have maintained strong appeal across generations of buyers, combining the practicality of steel with the prestige of gold in a format that is more accessible than a full gold watch yet far more distinctive than a steel-only reference. This brand-new example, reference 123.20.38.21.02.002, offers the assurance of full manufacturer freshness—no previous wear, no uncertainty about history.

At Bizak & Co. we specialize in sourcing and presenting luxury timepieces at their finest, and this Omega Constellation is a prime example of the caliber of inventory we maintain. Whether you are buying your first Omega or adding a versatile two-tone classic to an established collection, we invite you to reach out to our team at bizakandco.com for pricing, availability, and any questions. Our knowledgeable staff is ready to assist you in acquiring this exceptional reference with confidence.

Technical Details
Reference
123.20.38.21.02.002
Model
Constellation
Movement
Automatic
Case material
Stainless Steel
Bracelet material
Yellow Gold
Dial
Silver with index hour markers
Case size
38mm
Requested condition
Brand New
FAQ

1. What makes the Omega Constellation 123.20.38.21.02.002 special?
This reference combines a 38mm stainless steel case with a yellow gold bezel and a matching two-tone yellow gold and stainless steel bracelet, giving it a distinctive luxury presence without the weight or cost of a fully gold watch. The silver index dial and Co-Axial movement round out a package that balances elegance with everyday practicality. It is a particularly versatile Constellation suited to a wide range of occasions.

2. What movement powers the Omega Constellation 123.20.38.21.02.002?
This Constellation is powered by an Omega Co-Axial movement, a proprietary escapement design that reduces friction compared to a traditional lever escapement. The Co-Axial technology is a hallmark of modern Omega manufacture and helps maintain accuracy and extend service intervals over the life of the watch. Omega's Co-Axial calibers are COSC-certified for chronometric precision.

3. What is the case size of this Omega Constellation?
The case measures 38mm in diameter, a classic and well-proportioned size that works well on a wide range of wrist sizes. It is large enough to be clearly legible and present on the wrist, yet trim enough to wear comfortably under a dress shirt cuff. The stainless steel case is finished to Omega's exacting standards.

4. Is the Omega Constellation 123.20.38.21.02.002 suitable for everyday wear?
Yes, the stainless steel case construction and Co-Axial movement make this Constellation a capable everyday companion with the refinement of a luxury dress watch. Its 38mm proportions and two-tone bracelet transition seamlessly from business to casual environments. Omega's Constellation line has always been designed for the active, discerning wearer who refuses to compromise between style and reliability.

5. What are the dial and material details of this Constellation reference?
The dial is silver with index hour markers, providing clean and legible timekeeping in a classic dress-watch aesthetic. The case is stainless steel, the bezel is yellow gold, and the bracelet combines yellow gold and stainless steel links for a cohesive two-tone look. Together these elements create a warm yet understated palette that pairs well with a wide range of attire.

6. Is this a good buy, and how can I purchase the Omega Constellation 123.20.38.21.02.002 from Bizak & Co.?
This brand-new reference offers strong value as a two-tone Constellation, a configuration with enduring collector and resale appeal that is more distinctive than a steel-only piece. Bizak & Co. offers competitive pricing and expert guidance for every purchase. Visit bizakandco.com or contact our team directly to confirm availability and secure this Omega Constellation today.

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90-Day Returns for Store Credit

Eligible watches may be returned within 90 days for store credit. Brand-new watches and other exclusions are final sale.

Read eligibility, condition requirements, and exclusions.

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U.S. overnight shipping is $100; international shipping is $500. Dispatch takes 2–3 business days after your wire clears. International transit times vary. Shipping details.

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