The lubricating oil composition for a timepiece according to the present invention contains a lubricant component (A) containing a base oil (A1), at least one antiwear agent (B) selected from a neutral phosphate ester and a neutral phosphite ester, and an antioxidant (C), and is characterized in that the total acid number of the composition is not more than 0.8 mgKOH/g, the antiwear agent (B) is contained in an amount of 0.1 to 15 parts by mass based on 100 parts by mass of the lubricant component (A), the antioxidant (C) is contained in an amount of 0.01 to 3 parts by mass based on 100 parts by mass of the lubricant component (A), and the composition contains a diphenylamine derivative (C-1) and a hindered amine compound (C-2) as the antioxidants (C).