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ejay2.0
Moonwatches are a subset of Speedmasters. Generally it refers to the “Professional” models with the asymmetric case that has crown guards and twisted lugs. Basically, the style of Speedmaster that went to the moon.
The basic Moonwatch got a large price hike when they went to the current model about 2 years ago, or whenever it was. This was mostly because they “upgraded”* the movement to the 3861 which added the coaxial escapement and their Master Chronometer certification. Or at least, that was the justification.
*In quote marks because some people felt it was now too far removed from the original Moonwatch movements