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well, that wouldn't make much sense, IMO...

 

Hi Don,
I'm sure it would be hard to find a real b/w truth here, but my impressions are more along the line of what Alex wrote above.
There were very few Geneva based movement suppliers - the large majority of movement blanks (ebauches) were supplied from the VdJ .
The Geneva seal rules don't limit this supply from outside Geneva in any way - so this wouldn't help the Geneva based movemet producers at all....

I believe the Geneva seal  was a protective measure - but mainly because the original movement producers of the VdJ started to realize,
that a cased movement (i.e. a complete watch) makes up for a mutch better profit than selling ebauches only. 

As a side note - that's also the reason you'll find an impressive amount of case makers in Geneva - by far with larger capacities than movement production
ever has been (in Geneva). It's very simple - because movements (the much more labour intensive part in the past) were always bought in from the VdJ where man hours were
much cheaper in the past, especially in winter time.

best regards
Suitbert

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