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Ollech & Wajs (OW): History, Relaunch, Current Watches and Prices

Founded in Zurich in 1956, Ollech & Wajs returned under new ownership in 2017. Here’s how its history connects to the current tool-watch collection and the CHF prices displayed in October 2026.
Estimate4–5 min Catalogued SpecialistWatchRanker Team
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Ollech & Wajs (OW) began in Zurich in 1956 and returned under new ownership after a 2017 handover. Its current collection continues the brand’s mechanical tool-watch identity, with pilot, diver and chronograph designs. Prices displayed on OW’s homepage on 8 October 2026 ranged from CHF 1,596 to CHF 2,696; the current diver page listed four models at CHF 1,996 each.

What the “re-birth” of Ollech & Wajs means

The re-birth refers to a change in ownership and the renewed collection that followed, not the creation of an unrelated brand. Ollech & Wajs was founded in Zurich in 1956 by Joseph Ollech and Albert Wajs. The company says it began making watches in 1957, initially using the OWZ name and also producing watches under Helsa and Piz Palu, before concentrating on the OW identity from 1959. Its official history credits Ollech with designing the propeller logo from the letters O and W. OW’s history

The founders initially sold through mail order, advertising directly to workers and shipping watches to customers. OW says the United States became a major market and that, at the height of demand during the Vietnam conflict, it shipped up to 10,000 watches a year. That peak figure is the company’s own historical account; the cited page does not specify the year or provide an independent archival count. OW’s mail-order history

OW’s best-known historical diver is the Caribbean 1000 Precision. The company dates its launch to 1964 and gives it a certified depth rating of 1,000 m (3,300 ft). That figure describes the historical watch, not the current C-1000 MkII or every watch in today’s collection. The company also recounts military, aviation, NASA and expedition connections; those are brand-published historical claims. OW on the Caribbean 1000

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OW says it scaled back during the quartz era while maintaining mechanical production. Independent watch publication Monochrome Watches reports that after Ollech died in 1992, Wajs formed a new OW company. In 2017, Wajs passed the brand to a long-time collector and former French-market distributor, according to both the company timeline and Monochrome’s account. OW’s timeline · Monochrome Watches’ 2019 relaunch coverage

How the relaunch translated the brand’s tool-watch identity

In its 25 July 2019 coverage, Monochrome described the renewed range as mechanical watches with pilot, diver or military inspiration, utilitarian styling and relatively accessible prices. The launch models, P-101 and P-104, used a shared case platform, but their specifications and launch prices are historical details for those references—not a specification sheet for today’s collection.

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P-101 and P-104 at launch

2019 launch model Design Reported specifications Launch price
P-101 Pilot/military-inspired 39.56 mm stainless-steel case, screw-down crown and caseback, 300 m water resistance, domed sapphire crystal, ETA 2824-2 movement, bidirectional 12-hour bezel and date CHF 956
P-104 Selectron Selectron-inspired pilot watch 39.56 mm stainless-steel case, screw-down crown and caseback, 300 m water resistance, domed sapphire crystal and ETA 2824-2 movement CHF 1,056

These case and price details were reported by Monochrome in 2019 and should not be read as current pricing or as specifications shared by all OW models. Monochrome Watches’ P-101 and P-104 specifications

Current collection and prices

OW’s homepage displayed the following CHF prices when reviewed on 8 October 2026. They are a dated snapshot of the official listings, not a guarantee of stock, future pricing, local taxes or final landed cost.

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FORSINING Watches for Man, Square Retro Mechanical Watch Self-Wind Carved, Skeleton Automatic Watches Vintage Leather Strap Wristwatch
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  • [Mechanical Movement] This watch has manual self-winding. Please consider that mechanical watches that require manual winding can only keep time for a short time after winding. To prevent running or inaccurate time, it is advised that you verify the time periodically and wind up the chain 15–20 times.
  • [Waterproof] Water resistant to 50m (165ft) -suitable for short periods of recreational swimming and showering, but not diving or snorkeling
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Model Displayed price (CHF)
OW MK-102 1,596
OW MV-82 1,596
OW M-52 AU 1,596
OW P-104 Selectron 1,796
OW C-1000 Y 1,996
OW Ocean Graph MkII 1,996
OW 8001 Tundra 1,996
OW C-1000 FAGN 1,996
OW C-1000 MkII 1,996
OW Rallye de Paris 2,696
OW Coupe des Alpes 2,696
OW Rallychron 2,696

The official homepage is the source for these displayed prices. OW’s diver collection separately listed the C-1000 MkII, C-1000 FAGN, Ocean Graph MkII and C-1000 Y at CHF 1,996 apiece at the same review date.

What is established about current specifications

OW says its watches are “Designed in Zurich, and individually assembled and adjusted by hand in Haute-Sorne in the Swiss Jura.” Its collection overview names ETA 2824-2, Valjoux 7753 and Soprod Newton P092 among the movements used across the brand. It does not map every movement to every current model, so those names alone do not establish the calibre inside a particular watch. OW’s collection overview

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FORSINING Men's Automatic Watch with Mechanical Movement, Skeleton Dial and Leather Band
  • [Luxurious Mechanical Watch] High quality hollow mechanical watch appearance retro gorgeous, exquisite carving and design of the golden appearance of the European nobility more highlight your noble identity extraordinary taste, to bring you a pleasant luxury experience
  • [Mechanical Movement] There's no need to worry if the battery is dead because this watch has manual self-winding. Please consider that mechanical watches that require manual winding can only keep time for a short time after winding. To prevent running or inaccurate time, it is advised that you verify the time periodically and wind up the chain 15–20 times.
  • [Waterproof] Water resistant to 30m (98FT) -suitable for daily water resistance, withstands splashes and light rain. Not for swimming, showering or diving
  • [Ideal as a Gift] This beautiful retro-style watch can be worn on any occasion or given as a gift to your father, brother, partner, or boyfriend. At weddings and any holiday gatherings, it can be a really appreciated and elegant gift.
  • [Professional After-Sale Service] Please contact us if you need any additional details about our watches. We will be happy to answer and help you anytime.

The overview likewise is not a complete model-by-model technical matrix. For a specific watch, check its live product page for case dimensions, movement, water resistance, crystal, strap or bracelet, and power reserve. The 2019 P-101/P-104 case specifications should not be applied to current models without confirmation on their individual pages.

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Is OW an accessible tool-watch brand?

“Accessible” is relative, but OW’s present prices make the term understandable as a description of its positioning rather than a claim that the watches are inexpensive. OW says the founders’ retail idea was to offer “fine-quality Swiss watches accessible to everyone.” On the homepage reviewed on 8 October 2026, current listed prices ran from CHF 1,596 to CHF 2,696. Those prices give a concrete current reference point, while the company’s founding phrase is its own description of its original aim. OW’s official collection overview

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For a buyer, the useful distinction is between the collection’s broad identity and each model’s verified specification. OW’s history and the 2019 launch coverage support the brand’s association with mechanical pilot, dive and military-inspired watches; choosing a watch for a particular use still requires checking the exact live model page rather than inferring performance from its design family or a historic reference.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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