Omega Constellation Constellation Co-Axial 38 Red Gold / Silver

Reference 123.50.38.21.02.001

About this watch

The Omega Constellation Co-Axial 38 Red Gold / Silver is a masterpiece of luxury watchmaking. Its stunning design, featuring a silver dial with stick and dot indexes, is perfectly complemented by the luxurious red gold case. The Dauphine hands glide smoothly across the dial, catching the light beautifully and making it easy to tell the time at a glance. With a diameter of 38.00 mm, this watch sits comfortably on the wrist, neither too big nor too small, making it versatile for any occasion. The open case back allows you to admire the intricate mechanics of the watch without having to take it off, giving you a mesmerizing experience that any watch enthusiast will appreciate. The Omega caliber 8501 movement is at the heart of this watch, featuring a Co-Axial escapement that reduces friction and increases the longevity of the watch. With a water resistance of 100 meters, you can wear this watch with confidence, whether you're splashing around at the pool or caught in the rain. The date display adds practicality to its luxurious design, reminding us that while we may love aesthetics, functionality is key! This watch is built to last, with robust materials and craftsmanship that Omega is known for.

Buy Now on Jomashop

This is an affiliate link

Key Features

Omega caliber 8501 movement
Co-Axial escapement for reduced friction and increased longevity
Red gold case with silver dial
Dauphine hands for easy time-telling
Open case back for admiring the watch's mechanics
Water resistance of 100 meters
Date display for added functionality

Specifications

Brand

Omega

Family

Constellation

Model

Constellation Co-Axial 38 Red Gold / Silver

Reference

123.50.38.21.02.001

Movement

8501

Movement Features

Hours, Minutes, Seconds
Date
Chronometer, Co-Axial Escapement

Case

Red Gold 38mm

Dial Color

Silver

Crystal

Sapphire

Water Resistance

100

Current Listings

Omega Constellation 🌌 blue 1990s 35.5mm 🔥

Omega - Constellation Perpetual Date · $1,150

This Omega Constellation is a quartz perpetual date watch from the early 1990s. It features an 18k omega stamp and a blue sunburst dial that appears to shift colors depending on the angle of the light.

Movement type: quartz
Year of production: early 1990s
Case diameter: 35.5mm

Posted at

Jan 17, 2026, 7:09 PM

Active

View listing on r/WatchExchange

1971 Omega Constellation ref. 168.059 w/ Cal. 1011 – Green fumé “spider” dial – $795 shipped

Omega - 168.059 · $795

Year: 1971
Caliber: Cal. 1011

Posted at

Jan 15, 2026, 11:05 AM

Active

View listing on r/WatchExchange

Timeless Gold Elegance – Omega Constellation 10k Gold-Filled ✨

Omega - Constellation · $699

This Omega Constellation in 10k gold-filled is a classic watch with understated luxury and timeless style, perfect for everyday wear.

Condition: Pre-owned with new battery
Case Size: 34mm diameter
Material: 10k gold-filled
Strap: High-quality AM strap

Posted at

Jan 14, 2026, 1:49 AM

Active

View listing on r/WatchExchange

Omega Constellation linen dial ref 168017 cal 564

Omega - 168017 · $4,000

This Omega Constellation features a gold linen dial and comes equipped with an automatic movement powered by caliber 564. It's ready to be worn with its new generic strap and buckle.

Condition: Pre-owned, requires servicing
Movement: caliber 564
Functions work: yes all functions are working

Posted at

Jan 12, 2026, 12:05 PM

Active

View listing on r/WatchExchange

1958 Omega Constellation ‘Pie Pan’ Arrowhead Ref. 2852-1SC | Good Condition (Serviced) | $2850

Omega - 2852-1SC · $2,810

The Omega Constellation 'Pie Pan' Arrowhead Ref. 2852-1SC is one of the most sought-after and distinctive Constellation references from the mid-1950s. This particular example features the iconic 'Pie-Pan' dial with large applied arrowhead hour markers, often referred to by collectors as 'Arrowhead' indices.

Condition: Good, serviced
Case diameter: 34.5mm (excluding crown)
Lug-to-lug distance: 43.5mm
Thickness: 11mm

Posted at

Jan 12, 2026, 10:11 AM

Active

View listing on r/WatchExchange

Omega Constellation Pie Pan Ref. 168.005 with Original BoR Bracelet | Great Condition (Serviced) | $2700

Omega - 168.005 · $2,700

The Omega Constellation Pie Pan Ref. 168.005 is a quintessential 1960s dress watch that embodies Omega’s pursuit of precision and elegance during the golden age of Swiss watchmaking.

Condition: Great condition, serviced
Case size: 34.5mm diameter
Movement type: Automatic
Jewels: 24

Posted at

Jan 10, 2026, 10:00 PM

Active

View listing on r/WatchExchange

Omega Constellation Double Eagle Chronograph – Ref. 121.92.41.50.01.001 – 41mm – Complete Set – $2,599 Shipped

Omega - 121.92.41.50.01.001 · $2,599

The Omega Constellation Double Eagle Chronograph features a 41mm titanium case and carbon fiber dial with integrated chronograph layout powered by Omega's co-axial chronometer movement.

Condition: Good overall with light, honest wear
Case material: titanium
Diameter: 41mm

Posted at

Jan 10, 2026, 9:22 PM

Active

View listing on r/WatchExchange

Omega Constellation 🌌 Gerald Genta

Omega - Constellation · $850

This Omega Constellation is a classic watch from the Gerald Genta design era, known for its iconic style. It's a late 60s model that runs great and has been purchased at an estate sale.

Gerald genta design: true

Posted at

Jan 10, 2026, 5:07 PM

Active

View listing on r/WatchExchange

Omega Constellation Globemaster – 39mm Blue Pie Pan Dial – Set

Omega - 130.33.39.21.03.001 · $4,400

The Omega Constellation Globemaster features a 39mm stainless steel case, coin-edge bezel, and classic pie-pan dial inspired by original Constellation models of the 1950s.

Case size: 39mm
Diameter: 39mm

Posted at

Jan 9, 2026, 7:58 PM

Active

View listing on r/WatchExchange