Omega Speedmaster Moonwatch "Reverse Panda" First Regular-Production Two-Tone Dial
Omega has introduced the first regular-production, two-tone Speedmaster Professional Moonwatch with a black dial and white sub-dials in the so-called "Reverse Panda" layout. This marks a significant evolution for the iconic chronograph line, which had maintained a single dial colour for more than five decades until the white-dial Moonwatch appeared in 2024.
Innovative Dial Construction
The "Reverse Panda" introduces a new two-piece dial construction that represents the most complex dial design the Moonwatch has ever featured. Unlike the base Moonwatch with its matte black dial where registers slope gently downward from a single piece, the "Reverse Panda" takes a different approach.
The black dial is cut with three openings, into which individual white-lacquered register discs are fitted. This creates a clearly defined step between the main dial and the subdials. According to Revolution Watch, the construction demonstrates "a willingness to go the extra mile to achieve the most suitable effect for each dial, rather than simply painting the base in a different shade."
Ceramic Bezel Upgrade
The "Reverse Panda" also features a ceramic bezel — a first for a regular-production Moonwatch. Even the white lacquer version retains an aluminium bezel, making this a significant material upgrade. The ceramic's wet, shiny surface complements the dial's high-quality lacquer finish, creating what reviewers describe as an "inky, glossy, almost luminous finish that conveys a high-end presence."
Technical Specifications
| Specification | Steel Version | Moonshine Gold Version |
|---|---|---|
| Reference | 310.30.42.50.01.004 | 310.60.42.50.01.002 |
| Case Size | 42mm × 13.54mm | 42mm × 13.63mm |
| Movement | Cal. 3861; manual winding; 50 hours power reserve | |
| Water Resistance | 50 meters | |
| Price | USD 10,400 | USD 49,300 |
The Evolution of the Moonwatch
The introduction of the "Reverse Panda" represents the latest step in Omega's gradual elevation of the Moonwatch line. The evolution began in 2021 when the collection received the Co-Axial Master Chronometer Calibre 3861, followed by the white-dial Moonwatch in 2024 with its luxurious lacquer dial construction.
According to Revolution Watch, "The Moonwatch must retain its identity, but it also needs fresh energy. Finding the right balance will be tricky as the line evolves, and it will be exciting to see what comes next."
Frequently Asked Questions
What makes the "Reverse Panda" dial different from other Moonwatches?
The "Reverse Panda" uses a two-piece dial construction with individually fitted white-lacquered register discs, creating a more pronounced three-dimensional effect compared to the single-piece dials of other Moonwatch variants.
Is the ceramic bezel a first for the Moonwatch?
Yes, this is the first time a regular-production Moonwatch features a ceramic bezel. Previous ceramic bezels were limited to special editions or precious metal versions.
How does the price compare to the base Moonwatch?
The steel "Reverse Panda" at USD 10,400 represents a premium over the base matte black Moonwatch, reflecting the more premium materials and complex dial construction.
According to Revolution Watch, "At around USD 10,000, it is hard to find another watch that combines historical significance, a manual-winding movement descended directly from the original Moon watch, and beautifully executed finishing across the case, dial, and bracelet."
Learn more about the Moonwatch legacy in our Complete Moonwatch History Guide or explore Watch Collecting Tips for Beginners.