Watches ARE toys

May 09, 2004,10:22 AM
 

Frank,

you?re pretty right.
Watches are toys, not limited to GP. Just like men?s are children, just with more expensive toys

But seriously, i?m not sure there isn?t some added "value" (if there?s any value in any watch).
Have a look at their pieces over the past decade: GP?s own automatic movement, one of the thinnest around, is getting 10 years old this year. Have a look at a 1990?s and a piece of 2003/2004 and see what they are doing today. I think there?s an apparent difference.

So yes, they are expensive. But i see a very constant improvement and i?m amazed how far they came in such a time. To my understanding, they do focus on quality rather than quantity. And it is done without making a well-known name a cash cow.
Basically, no one needs a tourbillon or perpetual calendar. But IF considering a tourbillon, the GP pieces are among those very few manufactory-made pieces, they come with an outstanding tradition and they are made by a dedicated and passionate team of enthusiastic watchmakers.
So if putting down so much money for a tourbillon, of which there are in fact plenty on the market, i see there are some reasons to choose a GP piece.

As to the prices, i really agree. At least partially:
There are many watches today priced in Euro as they were in DEM only few years ago. And that?s probably a development which will not continue forever. I?m not happy with this either, but it seems to be a development across all brands and levels (not limited to complicated timepieces).
Yet, i see one basic difference in terms of GP/JeanRichard and that is independent development.
They are capable to do two movements and i know there are some fascinating other things to come. Therefore, the money is rather put into development than advertising/marketing. One should keep in mind the production totals; while GP supplies movements to various other brands, it?s still a relatively small number. Therefore, any new development is unlikely to create revenue by a huge number of pieces.
Making watches is a business, but unlike others i tend to believe there?s something in return with a GP piece.

Cheers,

Peter

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GP 2004: The Haute Horlogerie line (in +50 pictures...)

 
 By: PeterCDE : May 9th, 2004-05:05
Dear enthusiasts and friends of Girard-Perregaux, i do hope what takes longer to do will be the better result, so please accept my excuses for being delayed in what actually is an outstanding pleasure for me to introduce: The Haute Horlogerie line 2004 Th...  

The Tourbillon Magistral

 
 By: PeterCDE : May 9th, 2004-05:05
...  

The Opera Three

 
 By: PeterCDE : May 9th, 2004-05:05
...  

The automatic Tourbillon Under Three Gold Bridges, Vintage45 XXL case

 
 By: PeterCDE : May 9th, 2004-05:05
The automatic Tourbillon Under Three Gold Bridges, Vintage45 XXL case This watch, introduced in 2003, instantly became a favorite by many enthusiasts and back orders exist until 2007. The pictured piece is the first ever made, with an interesting differen...  

Awesome!

 
 By: Eric1945 : May 10th, 2004-09:09

The Vintage45 Perpetual Calendar

 
 By: PeterCDE : May 9th, 2004-05:05
...  

WELL DONE PETER, THANK YOU

 
 By: DonWishnow ( Wish) : May 9th, 2004-01:13
nt. Regards, Wish

Thank you! (nt)

 
 By: PeterCDE : May 9th, 2004-02:14

Beautiful pieces ..... but nothing there for under $50k .... unfortunately prices

 
 By: Evitzee : May 9th, 2004-03:15
have escalated so fast and so far I've folded my cards. I refuse to pay that kind of money for toys, although there seems to be no shortage of people with ready cash.

Watches ARE toys

 
 By: PeterCDE : May 9th, 2004-10:22

Thanks for the wonderfully informative post, Peter

 
 By: andrea tan : May 10th, 2004-01:01
Hi Peter Great pictures that do speak for themselves. The excellent craftsmanship of GP is evident. I especially like the Opera 3 for its clean uncluttered dial -unfortunately I have yet to hear its famous tunes. John is right - GP is lucky to have you as... 

Thanks Peter!

 
 By: TheodoreD : May 10th, 2004-03:03
Peter, Your overview brought order and clarity to this unbeliveable set of pieces for 2004! Great stuff! Regards, TheodoreD

Thank you! (nt)

 
 By: PeterCDE : May 10th, 2004-10:22

GP is definitely......

 
 By: Zach T : May 10th, 2004-08:08
the brand to look out for esp. for those who love classic design. I love the 3 bridges in the Vintage XXL case. Thank you Peter for the report and nice pics. >>>>> Zach T

Can't breathe anymore, thanks Peter.

 
 By: terencehoyeechun : May 10th, 2004-09:09
Complication rocks.

They really do :-)

 
 By: PeterCDE : May 10th, 2004-10:10

Thank you Peter!!!

 
 By: Spiros : May 22nd, 2004-10:10