… consider this: an annual production of max 100 pieces, all new tools, all new parts in comparison to higher production volumes with established tools and parts within the price hierarchy of Blancpain. To me it is a fit in that respect.
If I compare to other brands (and that is always a difficult and tricky thing to do), it makes even more sense.
In addition consider that distribution cost takes a high percentage of the price, this is not an online sale or Boutique only watch.
Despite all these points I generally consider the current price level in the medium/high end of the industry insane.