Ophion is a Madrid independent that sells hand-polished steel dress watches by pre-order in small batches, and the OPH 411 Vesper puts a Schwarz Etienne micro-rotor in one for under EUR 4,000. The decision it forces is whether you will pay a deposit on a watch whose maker publishes no lug to lug, no water-resistance rating, no assembly statement and no warranty.
Checked 19 September 2026 · list prices on the maker's site that day unless marked street
Ophion is a Madrid independent, founded in 2015, that debuted with the OPH 960, a hand-wound watch with a double barrel and 5 days of reserve, and now sells the OPH 411 Vesper on a Schwarz Etienne micro-rotor and the OPH 786 Vélos on a custom hand-wound calibre with proprietary bridges. Everything is sold by pre-order from the order page, in small batches, with reservations taken between runs; The Limited Edition in the UK is the retailer named. Every case is 316L steel, hand-polished, under a domed sapphire with a flat sapphire back, and every model is a dress watch under 11.5 mm thick. No page publishes a lug-to-lug or a water-resistance rating, for any model, so those columns are blank rather than guessed, and the brand's own pages do not say where the watches are assembled and state no warranty. Monochrome, in 2023, named the Vesper's case maker as Voutilainen-Cattin SA and its dial maker as Estima AG, both Swiss, and that is the only origin information on record.
On movement the Vesper stands alone under EUR 4,000. The other micro-rotors it is priced against are the Baltic MR Classic at €545 on a Hangzhou calibre and the Formex Aria at $7,900 on Horage's FX01, and the Fears Brunswick 38 at GBP 2,875 publishes the lug to lug, water rating and assembly claim that Ophion does not.
The prices need stating once, plainly. On 19 September 2026 the order page listed the Vesper at EUR 3,975 and the Vélos at EUR 3,420 for Radial Blue and EUR 3,620 for the guilloché dials. The Vélos's own spec page still showed EUR 1,890 to 2,190 and a sold-out notice. Monochrome quoted EUR 7,950 for the Vesper in November 2023. The OPH 960 shows no current price at all and was sold out with reservations open; SJX quoted EUR 1,305 before taxes at its 2015 launch, and that is the figure in the table. This guide uses the order-page figures as current and treats the rest as history, and a buyer should confirm the number with the brand before paying a deposit.
Founded2015
BasedMadrid, Spain
AssembledNot stated on brand pages; Monochrome (2023) names the Vesper case maker as Voutilainen-Cattin SA and dial maker Estima AG, Switzerland
MovementsSchwarz Etienne ASE 200 micro-rotor automatic, 86h (OPH 411 Vesper), Custom caliber on Technotime/Soprod base, hand-wound (OPH 786 Vélos), 13¼-line hand-wound double-barrel, 5-day power reserve (OPH 960)
SoldDirect pre-order on ophion-watches.com/order-online plus a few retailers (The Limited Edition UK)
Read the table by movement, since each model has its own. The OPH 960, 42.9 mm, runs a 13¼-line hand-wound with 2 barrels and 5 days. The OPH 786 Vélos, 38.5 mm, runs a hand-wound custom calibre on a Technotime/Soprod base with Ophion's bridges and hand-hammered decoration. The OPH 411 Vesper, 39 mm, runs the Schwarz Etienne ASE 200 micro-rotor automatic, 3 Hz, 86 hours, with stop seconds. The two current models are both 10.35 to 11.45 mm thick; the 960's 42.9 mm is 3.9 and 4.4 mm more than the Vesper and the Vélos, and its 42 mm bezel is the number the page leads with.
Price€1,305 on the maker's site (no US price shown)
The watch Ophion started with in 2015, a 13¼-line hand-wound with 2 barrels and 5 days. At 42.9 mm across and 42 mm at the bezel it is 4.4 mm larger than the Vélos on the same 10.35 mm thickness, with 3 more days of reserve. It was sold out when we looked, with reservations open and no price shown; the EUR 1,305 is SJX's before-tax launch figure. The Baltic Prismic at €990 is the hand-wound alternative in euros, 42 hours on a Peseux 7001 in 36 mm, and the gap in reserve is the whole argument.
Price€3,620 on the maker's site (no US price shown)
The hand-wound Ophion at EUR 3,620 with a CNC guilloché dial in salmon, silver or blue, or EUR 3,420 in Radial Blue, per the order page; alligator adds EUR 80. The calibre is a custom one on a Technotime/Soprod base with proprietary bridges and hand-hammered decoration. Against the Vesper it is 0.5 mm smaller, 1.1 mm thinner and EUR 355 less, hand-wound against micro-rotor. The Furlan Marri Disco Volante at CHF 2,500 is the other hand-wound steel dress watch under 39 mm, on a Peseux 7001 at 8.95 mm. The trade against the Vesper is the rotor.
MovementSchwarz Etienne ASE 200 micro-rotor automatic, 3Hz, 86h, stop seconds
Case39 mm
Lug to lug—
Thickness11.45 mm
Lug width22 mm
Water resistance—
CrystalDomed sapphire front, flat sapphire back, ARDUR AR
BezelFixed, hand-polished
LumeNot stated
Case material316L steel, hand-polished, welded teardrop lugs (Voutilainen-Cattin SA)
Price€3,975 on the maker's site (no US price shown)
The Ophion to buy. At EUR 3,975 on the order page it carries a Schwarz Etienne ASE 200 micro-rotor, 3 Hz, 86 hours, stop seconds, behind a flat sapphire back, in a 39 mm case with welded teardrop lugs from Voutilainen-Cattin SA; the next micro-rotor up the price list, the Formex Aria, is $7,900 on a Horage FX01 at 6.9 mm. Black, navy, salmon and silver dials, and a turquoise launch edition limited to 50. Water resistance and lug to lug are not stated, which is the trade. The Vélos is EUR 355 less for a hand-wound.
Ophion is for the buyer who wants a Schwarz Etienne micro-rotor or a 5-day hand-wound in a hand-polished steel dress case for under EUR 4,000, and who will pre-order without a published lug to lug, a water-resistance rating, an assembly statement or a warranty. The 38.5 and 39 mm cases suit the 6.5 to 7.25 inch wrist on diameter alone, and that is all the sheet gives. Look elsewhere if you want the paperwork, since Fears, Serica and Formex publish all four; if you want the watch this month, since batches are small and the 960 was sold out when we looked; or if you want to swim in it, since no Ophion states a depth rating.
Where it sits against the field
On movement the Vesper stands alone under EUR 4,000. The only other micro-rotors it is priced against are the Baltic MR Classic at €545 on a Hangzhou CAL5000a and the Formex Aria at $7,900 on Horage's FX01, so Ophion sits between a Chinese calibre at €545 and a Swiss manufacture one at $7,900, and neither figure is converted here. On hand-wound dress watches in euros, the Baltic Prismic at €990 and Prismic Stone at €1,450 run a Peseux 7001 and a La Joux-Perret D100 at 9.2 mm in 36 mm, and the Furlan Marri Disco Volante at CHF 2,500 runs the Peseux in 38 mm; none has bridges of its own, which is what the Vélos's EUR 3,620 buys. Above it, the Fears Brunswick 38 at GBP 2,875 on a La Joux-Perret D100 publishes a lug to lug, a water rating and a British assembly claim, and the Massena LAB Uni-Racer at $3,495 states its Sellita grade. Ophion's movements are the better story; the rivals' spec sheets are the fuller ones.
Questions people ask
Where are Ophion watches made?
The brand's pages do not say. Ophion is based in Madrid, founded in 2015, and sells by pre-order from its own order page and through The Limited Edition in the UK. Monochrome reported in 2023 that the OPH 411 Vesper's case is made by Voutilainen-Cattin SA and its dial by Estima AG, both in Switzerland. No warranty term is published.
How much is the Ophion Vesper?
EUR 3,975 on the brand's order page on 19 September 2026, for black, navy, salmon or silver dials, with a turquoise launch edition limited to 50. Monochrome quoted EUR 7,950 in 2023, and the brand's own spec page for the OPH 786 Vélos still shows EUR 1,890 to 2,190 against EUR 3,420 to 3,620 on the order page. Confirm with the brand before paying.
Is the Ophion OPH 960 still available?
It was sold out at check, with the page taking reservations for a new batch and showing no price. The OPH 960 is 42.9 mm, 10.35 mm thick, in 316L steel, on a 13¼-line hand-wound movement with 2 barrels, 26 jewels and 5 days of reserve. SJX quoted EUR 1,305 before taxes at its 2015 launch.
