2008 Omega Speedmaster Reduced Marui LE

Introduced in 1988, the Omega Speedmaster Reduced (reference 3510.50) was launched as a more accessible, automatic alternative to the iconic, manual-wind Speedmaster Professional. By scaling the classic design down to 39mm and utilizing the Omega Caliber 3220—a reliable automatic movement paired with a Dubois-Dépraz chronograph module—the Reduced offered everyday practicality alongside a more modest wrist presence. After quickly establishing a dedicated following, Omega leveraged the model’s success to experiment with new dial designs and exclusive collaborations.

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One such collaboration came in the late 2000s, when Omega partnered once again with the Marui department store in Japan to produce a second generation of their special edition Speedmaster Reduced. Similar to the 3510.21 of the late 90s, the new reference 3539.31 came fitted with a cream-colored panda dial that now employed raised steel indices instead of printed lume plots. In addition, the hesalite crystal was swapped for a scratch-resistant box sapphire and the watch was given a unique OEM 3-piece bracelet with polished outer links and vertically-ridged center links. While production numbers of the first generation were speculated to be low — somewhere in the range of 2,000 — the production of the second generation appears to be even lower with examples scarcely coming to market.

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As with the first generation, additional dials and handsets were also produced by Omega for service replacement needs. This extra supply allowed individuals with Omega parts accounts to source and sell them independently to collectors, who could then fit them onto standard 3539.50 models. While these 3539.31 parts are few and far between on the secondary market, one must be dilligent to confirm that any watch lacking documentation is a true factory Marui. Reassuringly, the example for sale here comes complete with its original boxes, instructions, and guarantee filled out with the correct reference number.