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Both!

 

I am no specialist, just an amateur but here is what I found out.
There is published evidence of both broad arrow hour + dauphine minute hands AND dauphines for both in advertising during the first short period when the Railmaster was produced.
My observation though, based both on reliable publications, watches sold by reputable auction houses and dealers, is that the vast majority of the watch displayed are of the broad arrow hour type. Over, say the last 5 years, I have only encountered the double dauphine version very occasionally.
I do not know, maybe the same evolution that happened with the Seamaster 300 and Speedmaster also happened with the Railmaster. The collection started with broad arrow hour hands across the whole line, but Alpha hands, already present in the subdials of the 1st generation soon crept in the Speedmaster. Sometime around the early 60's the contagion seems to have spread to the Seamaster 300 and maybe at around the same time ( I can't prove it) the Railmaster became available both as broad arrow hour + dauphine minute hands and dauphines for both.
In any case, I am personnaly under the charm of the broad arrow which is so typical of the Omega's -master series and would only go for that Railmaster. If, as the adage goes, buying a house is all about location buying vintage watches is all about condition. With the railmaster as with other other rare vintage watches, it is difficult but important to lay one's hand on a full original package with original crown, plexi and matching dial and hands.
Best Ztirual

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