Omega Refreshes the Speedmaster 38mm Collection: A Modern Speedmaster Reduced
Omega Updates the Speedmaster 38mm Line
Omega has officially refreshed its Speedmaster 38mm collection, bringing the smaller Speedmaster closer to the iconic Moonwatch aesthetic. The new models, launched in 2026, feature seven references at launch with various dial colors and case materials, but one clearly stands out as oriented toward the Speedmaster enthusiast: the black dial ref. 324.30.38.50.01.002.
Key Specifications
| Specification | Details |
|---|---|
| Case Size | 38 x 44.96 x 14.73mm |
| Movement | Omega Cal. 3332 (Automatic) |
| Dial | Black with Lume |
| Water Resistance | 100m |
| Lug Width | 18mm |
| Price | $6,500 |
Design Language
The Speedmaster 38 answers the question, "What if I want a Speedmaster, just smaller?" The dial is exactly what you expect—it has the easily identifiable Speedmaster language in a smaller format. The surface is a matte-finished black varnish with white print and lumed rectangular markers per hour, with the signature dots flanking the marker at 12.
A more curious detail is the use of the dot-over-ninety bezel, which refers to the bezel design of Speedmasters from pre-1970. Omega brought it back, along with the stepped dial, on the most recent version of the Speedmaster Professional as part of that model's vintage nods.
How It Compares to the Professional
The current Speedmaster Professional Hesalite measures 42 x 47.2 x 13.5mm. While the Speedmaster 38 is smaller in every dimension except thickness, it doesn't feel like a small watch. Even at 38mm, there's serious substance to it—the twisted lugs are broad, the crown and pushers are full-sized, and it's thick.
Frequently Asked Questions
Q: Is the new Speedmaster 38mm a revival of the Speedmaster Reduced?
A: Not exactly. The result isn't really a revival of the Speedmaster Reduced. Rather, it's perhaps the obvious modern equivalent: a smaller, automatic Moonwatch. Omega is clearly going for a smaller Moonwatch, which makes more sense from a broader market perspective.
Q: How does the thickness compare to older Reduced models?
A: The 14.73mm includes the box sapphire crystal, so optically it looks a bit thinner than it might sound. Older Reduced references like the 3510.50 used the Omega caliber 1140, which was thin for an automatic chronograph, allowing the watch to come in a little under 12mm thick.
Q: Is the black dial the only version without a date?
A: Yes, the black dial is the only one with a special feature: no date. This also brings it closer to the original Reduced models and keeps it truer to the Professional.
Market Impact
With so many Speedmaster options, the market reception remains to be seen. OG Speedmaster Reduced models are now going for around $3,000—much more than they used to be, but still less than the modern version. For enthusiasts who want a Speedmaster they don't need to worry about as well, the 38mm offers an interesting proposition.
Source: Worn & Wound, Monochrome Watches
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