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I purchased the 2531 two weeks ago mainly because the 2220 is now ~50% more expensive, and this will be my everyday watch.

I do like the look of the 2220 more, but prefer the ETA based movement on the 2531 as it's cheaper to service.
 

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I agree with @greedy that the colours are misrepresented in the pictures included. my 2531.80 looks very much like the colour of the 2220.80 pictured.

I went for the 2531.80 preferring the original printed dial over the fussier applied indices, but there’s no doubt that the later watch is still beautiful and wouldn’t be a bad choice; I do like the red ‘Seamaster’ text.

I personally like that the 1120 calibre in the 2531 is more easily and cheaply serviced, and mine has kept great time and been very stable and reliable. I like that it’s ‘the original’ version, but I get that there’s an argument for going with the most modern and developed choice.
15810435
 

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One thing to keep in mind is that later issues of the 2220.80 (there's a serial number cutoff, you may be able to find it with some internet searching) moved to the 2500D version of the co-axial movement. I believe that movement is shared with the subsequent ceramic model of this Bond Seamaster.

I really want to avoid a back-and-forth about whether earlier versions of that 2500 were problematic. I will say I did have issues with one of my 2220.80s that had an earlier 2500 movement, fwiw. I also believe it's not in dispute that at the very least the 2500D did incorporate some improvements to the movement that maybe worthwhile.

So something to keep in mind if you go for the 2220.80, you may want to look for a later serial that has the 2500D movement. IIRC there was also a way to tell by the date font.

I personally like the 2220.80. They seem a bit rarer and I like the look better.
 

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Aren’t they the same colour in real life?
2531 might be cheaper to service.
I have black SMP 2254.50, same generation as 2531.80. I recall comparing those watches 14 years ago when I was shopping. I have not seen 2220.80.

I have the same question. In the posted photos, 2531.80 and 2220.80 colors look very different. Curious if that was only due to photos or they are indeed different in real life.
 

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The later one has the ‘upgrades’ others have mentioned that would sway me. Good luck with your choice. Let us know the outcome.

Nigel
 

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If anyone would want to trade their 2220 for my mint 2531, let me know-- I would add cash on my end.
 

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Discussion Starter #28
If future values are of any concern to you then there really is only one way to go.
The 2220 will always be the bastard brother of the 2531.
Do you think so? No doubt the 2531s will continue to appreciate, but the 2220 is far less common. Plus the Casino Royale connection (even though it gets overshadowed by the Planet Ocean) and Daniel Craig's final movie coming soon. I could see the 2220 being a bit of a sleeper.
 

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Between these two, I vote the 2220.80 if for no other reason than the red Seamaster styling.
 
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They are both great, so tough choice, but if it came down to a decision, I'd likely get the 2531.80. Not a big fan of the wave dial, and I like the thicker indices.
 
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