1999 Omega Dynamic III Chronograph 38mm 5240.50

Here we have a 1999 Omega Dynamic III Chronograph 5240.50, featuring a 38mm satin-brushed stainless steel case that gently curves over your wrist, with thick, tapered lugs. Its curved satin-brushed flanks lead to a comfortable lug-to-lug length of 45.5mm and a case thickness of 12.5mm. On the right side, the piston chronograph pushers and a deep knurled signed off-set crown in the centre. The stepped smooth bezel holds a box-shaped flat sapphire crystal above a matte black bi-compax dial. An outer minute rail track surrounds lumed Arabic numerals marking the hours. At 3 o’clock, a slightly recessed running seconds register and at 9 o’clock, a slightly recessed 30-minute register with a yellow sword hand. Elegant white sword hands filled with lume are complemented by a yellow arrow point counterweight chronograph hand. At noon, we have the printed Omega motif, and at 6 o’clock, ‘Dynamic Automatic’ completes this versatile chronograph. On the reverse, a screw-down solid case back deeply engraved with Omega in the centre, inside an automatic Omega Cal. 1138, 44 jewels, beating at 28,800 beats per hour. A modular design featuring an ETA 2890-A2 base and a Dubois-Depraz DD2030 chronograph module. It comes paired with its brushed 20mm Omega stainless steel bracelet with a signed folding clasp; all links are included. This watch is sold with its rare Omega presentation box, swing tag, accessories and Omega paperwork.

This watch is sold with its rare Omega presentation box, swing tag, accessories and Omega paperwork. It comes paired with its brushed 20mm Omega stainless steel bracelet with a signed folding clasp; all links are included. The watch is from April 1999. The watch is in original worn condition; its original dial has a warm tone to the Tritium, as seen in the photographs. The watch comes with our 12-Months NON-Waterproof Warranty.

Amazingly, this is the first Omega Dynamic III Chronograph I have had make it to the website, and this is the best example I have had by far. This reference 5240.50 comes in a perfect 38mm case and is paired on its super comfortable Omega bracelet, all in fantastic condition, but the star of the show is the collectors set that comes with it. It has its rarely seen original box, yes, flaking as they always do, but present nonetheless, plus its original paperwork. I would not hesitate to add this example to your collection today; you'll be hard-pressed to find better!

Reference : 5240.50.00
Movement : Automatic Omega Cal. 1138
Age : April 1999
Year : 1999
Case Size : 38mm
Case Thickness : 12.5mm
Lug to Lug : 45.5mm
Lugs : 20mm
Condition : Pre-Owned
Box and Papers : Box & Papers
Case Material : Stainless Steel
Warranty : 12-Months NON-Waterproof Warranty
The wrist model's wrist size is 7inch

They were formerly known as the La Generale Watch Co., founded in 1848 by Louis Brandt in La Chaux-de-Fonds. When he died in 1879, his sons carried on his dream. In 1880, they moved to 96 Rue Jakob-Stampfli, where they remain today. The brothers produced their first mass-produced calibre, the Labrador In 1885. Just a few years later, in 1892, they produced the first minute-repeater. In 1903, they renamed the company Omega until 1982, when they officially changed their name to Omega SA. During WW1, Omega watches were used as official timekeepers for the Royal Flying Corps and the US Army. In 1930, Omega and Tissot merged together to form Société Suisse pour l'Industrie Horlogère (SSIH). In 1931, another group was formed - Allgemeine Schweizerische Uhrenindustrie AG (ASUAG). Where SSIH was primarily French-speaking, ASUAG was founded by the more German-speaking members of the Swiss watch industry. In 1948, they introduced the first edition of one of its most symbolic watches: the Seamaster. Omega first introduced the Constellation in 1952. At the time, it was Omega's flagship timepiece. The first models had a Cal. 354 bumper movement in them. Later, in 1955, Omega introduced the Automatic Cal. 50x, followed in 1959 by the Cal.55x (no date) and 56x (date) versions. Many of the Constellations came with pie-pan dials, diamond indexes, and fancy lug configurations. All the gold Constellations of that time have the Observatory of Geneva's hand engraved on the back. The stainless steel and stainless steel/gold versions had a gold medallion on the back with the Observatory of Geneva. The eight stars above the Observatory stand for the many exploits of Omega in the world Chronometer competition. Celebrating the fact that all Constellations are Chronometer Certified. In 1962, when astronaut Wally Schirra wore a Speedmaster on his Mercury Sigma 7 Mission, making it the first Omega watch to enter space. After rigorous tests, NASA used Omega for all their Apollo missions, including the 1969 Moon landing of Apollo 11. Today, Omega is still the first choice of astronauts. In 1969, President Nixon famously said it was “too valuable” and turned down the first-ever all-gold Speedmaster Professional Deluxe. As a response to the ever-growing threat of electronic watches to the manufacturers of mechanical watches, Omega and many Swiss brands, such as Rolex and Patek Philippe, formed Centre Electronique Horologer (CEH). Prototypes began to appear in 1967, and their production started in 1968. Then, in 1972, Omega introduced the reference 198.030, which included the Omega calibre 1250, a ‘tuning-fork electronic movement which was made under licence from Bulova. Later, we saw a merger of SSIH and ASUAG into SMH, or Société de Microélectronique et d’Horlogerie. This merger took place in 1983. In 1992, the company acquired Blancpain, and in 1998, it officially rebranded itself from SMH to the Swatch Group. Then, in 1999, they purchased and integrated Breguet into the Swatch Group.