Originally Posted by lysandar
I faced the same dilemma as the OP some years back. The decision was clear once scarcity was taken into account. I snagged a gorgeous vintage SM300 big triangle within 10 minutes of an ad being posted - and I wasn't the first respondent either (I had the good fortune to live in the same country as the seller, though).
That being said, the thirst for classics like the Sub and Seadweller never quite went away. I now find myself perusing the vintage rolex market for 70s-80s patina'd sports models with alarming frequency.
Please post pics of your SM300 big triangle! There are rumors that Watchco may be closing up shop. I have no idea is this is true. Watchco put a lot of stuff on sale recently on ebay and appear to be dumping their parts inventory. So the Watchco SM300s may become scarce. If so, this may result in prices for both the unrestored vintage SM300s and the Watchco SM300s increasing in price in coming years due to increasing scarcity.
There is a guy named Bill Yao, owner of MKII watches, who is making an SM300 homage. Click here for more info: http://www.mkiiwatches.com/watch-collections/limited-editions-series/project-300/
I don't know how he is going to price it or when it will be available, but it may be more affordable than vintage or a Watchco. I think he's been working on this watch for about 3 years. Should be interesting to see when it comes out.
Here's the info from the MKII page on the SM300 homage called "Project 300"
Project “300″ is our latest project and our second collaboration with online collectors. This watch will be a limited edition of 300 pieces paying homage to the “Omega Seamaster 300″¹.
The pre-order will be offered in one stage and this project will be forumer sponsored. (Please note that timetable is currently under revision – we will be trying out a visual time line.)
Validation of interest: January – March 2011. We will need to reach 150 confirmed pre-orders to proceed to the next phase.
Design phase: Currently active (Oct. 28, 2011)
Delivery: Estimate is pending revision upon completion of design phase (Disclaimer: This time frame is only an estimate and will be updated as required. Please take note that given the complexity of this watch delays are a strong possibility.)
Please note that the images at the top of the page are for reference purposes only and are not the actual watch. We will be designing the watch based on the reference images. The watch pictured above is a military Seamaster 300 that I owned quite a few years ago. The watch stands alone as the only watch that I collected that I actually made a profit on when I sold it. Not surprisingly I sold the watch because I could never get comfortable wearing such a valuable and fragile piece. Since I am not one for collecting watches for the sake of collecting them I sold it on to a collector that has given it a good home.
In order to increase the transparency of this project over that of the Kingston we will be posting all of the project updates, pictures, drawings, and changes that are decided by the Plank-owners here on this page. Links to official threads for the project will be listed below. This should relieve participants of the need to hunt for the latest updates on the forum and to reduce the confusion about the status of the project and its current iteration.
Project 300 Design Threads:
Watch Name: “Project 300″
Discussion: Case Back Design
Discussion: Dial and Case Design
Re-visit of Project 300 size survey now closed (This is the general survey. The link to the Plankowners’ survey was sent via e-mail. If you are a Plankowner only use the link found in the e-mail to take the survey, do not take the survey that is linked on this page. (Survey is closed: Results posted.)
Updated January 24, 2012 for the result of the “Re-visit of Project 300 Size Survey)
These specifications supersede those published on the E-boutique
Diameter 41.40 mm across bezel (not including crown)
Length 48.75-49.25 mm
Case height 12.00 – 13.00 mm (estimate)
Case material 316L Stainless steel
Water resistance 200 or 300 meters depending on case design
Bezel 60 or 120 click uni-directional bezel with sapphire inlay.
Strap attachment Spring bars
Crystal High domed sapphire crystal with AR coating on the interior surface only
Crown Double gasket screw down crown.
Movement Elabore grade Rhodium plated ETA 2824-2 decorated with Geneva stripes
Luminous material BG W9 (white color, blue glow)
Dial Date and non-date “Big Triangle” dial at a minimum
Handset Mk II MOD Sword hands (see LRRP) with new tooling for seconds hand.
Bracelet Solid link bracelet. We will try for a solid-end link bracelet but our fall back will be a folded-end piece solid link bracelet.