MTF
[PuristS]
13383
Swiss industry quotes the "fixed" return rate as
5%: that's the figure you get from everyone whether they sell $1000 watches or $10,000 watches (mechanical).
Naturally, one expects that small production pieces would have a lower return rate but that is hard to prove with sample sizes of 20 pieces per model 
Certainly, there are super duper complicated watches with seemingly 80% return rates...thinking of one infamous model from a "very old House".
One expects that stock standard movement, simple, time-only watches would be almost immune from failure and have lower rates of return....say....2% or lower but Brands never want to lower the quoted threshold when everyone accepts the oft quoted 5%
Regards, MTF
This message has been edited by MTF on 2008-04-11 08:22:05
Patek to drop Geneva Seal & Vincent Calabrese no longer independent...
These two are buy far the most interesting "releases" of 2008. The first news is huge! While still not officially announced, rumours are abound regarding Patek dropping the Geneva Seal due to the recent admission of Cartier. The obvious questions are 1) W...
Reply
"Will this create a hike in prices as collectors step over their own mothers to sweep up all the Geneva Seal pieces." That would surprise me. If only a few had the Geneva Seal it would be rare but didn't all the Pateks have that seal untill today ? [edit ...
Geneva Seal
There are a lot of high quality watches without Geneva Seal. For example Lange, Parmigiani, Dufour's and Kari's watches and the list will go on. Are they inferior when compared to VC or Patek? Certainly and 100% not. I know Patek and VC don't like the ide...
Where you are born.......
Ling, I agree with you. If your watches are 'born' within the geographical canton of Geneva and reach minimum specifications for Geneva Seal, you should be entitled to it. That's the only reason to have a factory in Geneva.....apart from the nice lake and...
Maybe Patek should go for Six Sigma...
and create the Sigma Seal . Not sure what the defect levels are for the Swiss watchmaking industry but aiming for 3.4 defects per one million opportunities would be a lofty ideal although its not as romantic, as the artisan qualities of haute horlogerie m...
Swiss industry quotes the "fixed" return rate as
5%: that's the figure you get from everyone whether they sell $1000 watches or $10,000 watches (mechanical). Naturally, one expects that small production pieces would have a lower return rate but that is hard to prove with sample sizes of 20 pieces per mo...
Amazing
Wow this is serious news. I think the industry is finally waking up and doing things what brands like IWC, A.LANGE & SONE and many more, have done. I guess Senior Mr.Hayek would be happy Chao, luminor1950panerai