OMEGA VS IWC | Full Comparison
Dive in while we explore both brands in great detail and answer key questions for anyone considering watches from either IWC or Omega.
OMEGA VS IWC: Which is The Best?
We are often asked questions about Omega or IWC watches. Sometimes the questions relate to the prestigiousness of these two brands, sometimes it has to do with water resistance, and other times people want to know which brand will fetch a higher resale value. "Is IWC a luxury brand?" is a popular one, and yes, it is. So is Omega actually, albeit a lower-market luxury with a lower cost of entry price-point when compared to IWC.
Today you will get a good crash course on how these two brands measure up against each other from several key perspectives. Let's start with the similarities between the two brands.
- Both IWC's watches and Omega's for that matter are highly innovative and creative
- Both brands are about the same age and are highly recognized brands in the watchmaking industry
- Both are highly innovative brands that have contributed much to the art of watchmaking
- Both brands have some iconic watches that are highly praised by watch collectors and we'll discuss those below
- Both brands have a huge selection of watches that are part of only a handful of watch "families"
In 1848 Louis Brandt set up a shop on 51 La Promenade Street in La Chaux-de-Fonds that would soon become the Omega watch; now owned by The Swatch Group.
Some of the things that make Omega unique:
- 2nd most recognized Swiss watch brand in the world*
- Entry-level watches start at a list price of around $2550
- The first watch on the Moon was an Omega Speedmaster
- James Bond Watches (worn on the wrist of Secret Agent 007 since the film GoldenEye) were Omega Seamasters. Some special editions are collectibles and have a 007 motif on the dial.
- Co-Axial Escapements have become synonymous with Omega ever since Omega bought the patent from British watchmaker George Daniels. They have been slowly making them a standard component in all their watches and have been phasing out the older non-Co-Axial movement to make room for the calibers with the new higher-quality escapement.
- Historically there have been many, but in this day and age, noteworthy designs include the Seamaster Diver 300m, Planet Ocean, Aqua Terra, Speedmaster Chronograph, De Ville, and Constellation Globemaster
The International Watch Company was founded in 1868 by a Watchmaker from Boston by the name of Florentine Ariosto Jones and is now owned by the Richemont Group.
Some of the things that make IWC watches unique:
- 10th most recognized Swiss watchmaker in the world*
- Entry-level watches start at a list price of around $4250
- In 1993 IWC Schaffhausen marked its 125th anniversary with the world's most complicated mechanical wristwatch. It had quite a few high complications including a tourbillon, minute repeater, split-seconds, and perpetual calendar. It was called "II Destriero Scafusia" which translates to "The Workhorse of Schaffhausen".
- Some of their watches such as the Mark XII run on JLC-based movements, another member of the Richmont Group. The IWC Ingenier designed by Gerald Genta was one of the first steel watches. IWC uses in-house movements in many of its watches.
- Noteworthy designs include the Da Vinci, Big Pilot, Vintage, Portugieser Perpetual Calendar, and the Ingenieur collections. Another popular limited edition is the Pilot's Chronograph Known as the IWC "Le Petit Prince".
The Omega Speedmaster Professional (1957) was the first wristwatch to be on the lunar surface in the original Apollo missions. It was also instrumental in saving the crew members of the Apollo 13 mission** (see sources at the end of the article). Some other famous watches from Omega are the Seamaster watches that used in all 007 films since GoldenEye featuring Pierce Brosnan.
One of the first steel watches ever made was the IWC Ingenieur in 1976 and was designed by Gerald Genta. Before that, everything was made of precious metals. Another iconic IWC watch is the Portuguese which had since been renamed the Portuguiser. In the 1930s a group of merchant marines traveled from Portugal to the IWC factory asking them for accurate wristwatches.
Resale Value of Omega's watches compared to IWC Schaffhausen
Is there a difference in resale value between the two? I won't say a broad brush statement like "IWC and Omega are both pretty equally matched when it comes to resale value". It's just not that straightforward. Oftentimes in your search, you will find certain models such as limited editions and numbered editions that are more likely to fetch back a higher percentage of your principal cost. Of course, the resell value would not only depend on the model of the watch itself but the condition that the watch is in; If, when, and where you had to give it in for service, as well as if it comes with all original documents and the original box.
Who makes better watches, Omega or IWC?
Both brands make excellent watches and are on top of their game in terms of innovation and know-how. While all the opinions that many watch enthusiasts give you (and post in all the online forums) may vary, some serious collectors would call anyone crazy if they said Omega has an advantage (as a brand) over IWC although statistics show that Omega is, in fact, a more internationally recognized Swiss brand, in terms of international brand recall. On the one hand, the latter is true, however, in terms of highly advanced watchmaking, IWC is arguably the more dominant one seeing as they did at one point in the early 90's make the most complicated wristwatch in the world which lends some serious watchmaking street cred to the brand. They are also known for their many grand complications watches.
That being said, Omega is not without its own list of merits when it comes to watchmaking. They are a highly innovative brand and thanks to their Si14 springs and other silicone-based components they have possibly the most magnetic resistant watches to call their own. They have also made great leaps in terms of raising the accuracy and reliability of their watches. Their Master Chronometers found in the Globemaster series and many others have unbelievable accuracy for a mechanical watch and they are certified both by COSC and METAS. This marks a new page in Omega's history where they can possibly one day compete with a more upper-market and popular brand; Rolex.
Which Brand Has A Better Warranty?
Omega now offers a 5-year warranty period which is longer than the warranty provided by most luxury watchmakers. However, on Nov 19th, 2019, IWC announced that they will be extending the warranty period from 2 years to 8 years when registering IWC's international limited warranty online in the MY IWC program. They also honor this extended warranty period on any watch bought within the past two years. For warranty, we'd have to say hands down it goes to IWC. However, Omega has an excellent warranty period compared to most other brands out there.
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What's The Bottom Line? Is IWC better than Omega?
To date, many would argue that Omega is more of a great tool watch whereas IWC is a brand for the more serious horology geeks, enthusiasts, horophiles, Chrono geeks, and watch collectors. Then there are some people that would never talk to you again if you said something like that. Are IWC watches worth the money? Well, most would agree that it depends on a few things.
What you need to ask yourself is which of the above are you looking for in a watch? These are the questions you should be asking yourself when considering to purchase a watch from Omega or IWC. You would have to really ask yourself: "Is an IWC watch or an Omega watch better for me and my specific needs?":
- What do you need your watch to do?
- Are you simply trying to impress the people at the office Christmas party?
- Are you looking for an impressive watch to add a bit of range to the variety in your collection?
- Are you motivated by aesthetics and design?
- Are you ready to hit the bottom of the ocean floor in a serious diving expedition?
Your motivations for buying the watch should answer these questions and you will then know if it's worth the money to you.
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