Overview and history
Omega launched the Speedmaster in 1957 as a sports and racing chronograph. In the mid-1960s, NASA tested chronographs for use by astronauts, and the Speedmaster was qualified for manned missions in 1965. It was worn on the lunar surface by Buzz Aldrin during Apollo 11 in July 1969, which is where the “Moonwatch” nickname comes from.
Reference 145.022 appeared in 1968 and is powered by the manual-wind Calibre 861, an evolution of the earlier Calibre 321. It has a 42 mm stainless steel case, a Hesalite (acrylic) crystal and a tachymeter bezel. It was produced through the 1970s, with several sub-variants that collectors distinguish by dial print, bezel and hands.
Why collectors love it
- Provenance. The link to NASA's Apollo programme is part of the watch's identity and has been recognised by Omega itself, including the 1970 Silver Snoopy Award linked to Apollo 13.
- Accessible pricing. It is typically the most affordable of our five.
- Variants. Details such as “Dot Over 90” bezels offer a rewarding research path.
What to inspect before buying
- Bezel and dial pairing. Make sure the bezel style suits the production period of the watch.
- Crystal. Original Hesalite crystals show light scratches that polish out. Check the Omega logo etching.
- Movement. Confirm the movement is a Calibre 861 and that the chronograph starts, stops and resets cleanly.
- Case numbers. Match the case and movement serials with a reputable dealer, and consider requesting an Extract from the Archives from Omega.
- Pushers and crown. Replacement parts should be correct for the era.
Pros
- Space-exploration heritage
- Easy to service for most watchmakers
- Plentiful, well-documented
- Affordable by vintage standards
Cons
- Manual winding needs a daily habit
- 42 mm size feels large to some wearers
- Replaced bezels and dials are common
- Water resistance is minimal
Price and market notes
Typical examples have been priced from around US$5,000 to US$12,000, with rarer variants and exceptional condition higher. Check recent sales for the exact sub-variant you are considering.