Omega blames former employees for auction of $3m fake Speedmaster

Omega blames former employees for auction of $3m fake Speedmaster

Watch mixed components from various timepieces and potentially fabricated parts, the Swiss watchmaker says

www.thenationalnews.com

Swiss watchmaker Omega says that three former employees were involved in a criminal plot that resulted in the sale of a fake Speedmaster at auction for more than $3 million.

The timepiece, an Omega Speedmaster with broad arrow hands, from 1957, was in fact a “Frankenstein” watch, composed of an amalgam of mostly authentic parts from other vintage watches, the Biel, Switzerland-based company said in a statement in response to questions from Bloomberg.

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Crazy story. I could never imagine that this is possible. 🥺

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What cockamamie story was used to create the illusion of a Speedmaster being worth that much? I almost want to know.

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Here is the fake watch in question - a tropical dial, broad arrow hand speedy:

https://www.phillips.com/detail/omega/CH080221/53

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What a crazy story. What a lot of money for an old watch. But it is tempting.

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That "speedy" was being bashed on Omega Forums quite a few times and yet still got the record sum... Money laundering anyone?