OMEGA Speedmaster Moonwatch ‘Reverse Panda’ Revealed, Priced for Australia

By Ben McKimm - News

Published: 14 Jan 2026

Readtime: 4 min

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OMEGA launched two new 42 mm Speedmaster Moonwatch models for 2026.
The watches feature a lacquered “reverse panda” appearance.
Choose between stainless steel or OMEGA’s premium 18K Moonshine Gold.
The Master Chronometer Calibre 3861 movement powers these watches.

OMEGA has been holding onto the motorsport-inspired “reverse panda” dial for some years. Trend forecasts said that the watch brand would add the popular colourway to its permanent dial lineup years ago, but the brand remained firm in its assertion, refusing to include the dial on a watch with a history rooted not in motorsport, but in outer space.

Well, every brand has to cave eventually, and the winner here is the watch enthusiast because these two new references in Stainless Steel (AUD$16,400) and Moonshine Gold (AUD$77,725) are utterly gorgeous.

Where this watch stands out from the limited-release panda dials of the past (2017 Speedy Tuesday limited edition comes to mind) is the dual-plate construction, which splits the lacquered main dial and subdials into two separate layers, creating a visual separation that adds depth and complexity to the piece. When you add in rhodium-plated hands and applied indices found on the stainless steel model, the result is a surprisingly dressy Speedy that will surely make a name for itself as one of the most sought-after of the year, before the watch events have even occurred. Well done, OMEGA.

Omega speedmaster moonwatch 310 30 42 50 01 004 310 60 42 50 01 002 — OMEGA Speedmaster Moonwatch ref. 310.30.42.50.01.004, 310.60.42.50.01.002 | Image: Supplied / OMEGA

OMEGA Speedmaster Moonwatch Black and White Key Specifications

Here are the key technical details for the new OMEGA Speedmaster Moonwatch in Black and White:

Reference: 310.30.42.50.01.004, 310.60.42.50.01.002
Between lugs: 20 mm
Lug‑to‑lug: 47.50 mm
Thickness: 13.54 mm
Case diameter: 42 mm
Case material: Steel, or Moonshine Gold
Bezel material: Ceramic, tachymeter in white enamel
Dial colour: Black
Crystal: Scratch‑resistant sapphire crystal with anti‑reflective treatment inside
Water resistance: 5 bar (50 metres / 165 feet)
Total product weight (approx.): 142 g, 224 g
Calibre: Omega 3861
Movement type: Manual‑winding
Power reserve: 50 hours

It’s essential to note that the watch is available in two references: a Stainless Steel (310.30.42.50.01.004) model, priced at AUD$16,400, and a Moonshine Gold (310.60.42.50.01.002) model, priced at AUD$77,725.

Movement

Powered by the manual‑winding OMEGA CoAxial Master Chronometer Calibre 3861, the new Speedmaster Moonwatch in Black and White has the “most advanced evolution” of the famous Calibre 321 that NASA astronauts trusted on the Moon under its skin.

It’s an impressive movement, powering the small seconds sub-dial, 30-minute recorder, 12-hour recorder, and central chronograph function. Despite these functions, it boasts a power reserve of 50 hours, and as a Master Chronometer-certified movement, its accuracy is officially guaranteed to be within 0 to +5 seconds per day.

Omega speedmaster moonwatch ref 310 30 42 50 01 004 310 60 42 50 01 002 image supplied omega — OMEGA Speedmaster Moonwatch ref. 310.60.42.50.01.002 | Image: Supplied / OMEGA

Design

We dislike nicknames as much as the next watch enthusiast, but there’s no denying the internet’s infatuation with all things “panda” dials, and the “reverse panda” dial that OMEGA has introduced here is destined to be a sure-fire hit amongst collectors, but also bring plenty of new fans to the brand.

The nickname “reverse panda” originates from the black dial and contrasting white sub-dials and isn’t unique to OMEGA watches. Still, when a brand adopts the Moonwatch’s essential step dial, which is crafted with a double plate, it adds a layer of depth that other watches simply can’t achieve. Here, you’ll find a top plate in polished black, and the varnished and lacquered finish produces a superior sheen that must be seen to be appreciated. Structurally, it includes a rhodium-plated subdial frame. Meanwhile, the base layer for the subdials is produced in white, also with a varnished and lacquered finish.

Both models feature a highly legible minute track, transferred in white on the main dial and black on the subdials. The 42 mm case size is standard for a Speedmaster Moonwatch, as is the 5 bar (50 metres / 165 feet) of water resistance and the display caseback.