if you see the JLC as a whole.
Regarding the Reverso as a flippable watch with an iconic design they pretty much have a unique selling point and though could (try) to position it anywhere on the market.
From my point of view there is so much uniqueness, engineering and design history in the Reverso that I don't find it "overpriced". At least not if you compare it to AP or Patek with entry prices of about 25k for their steel watches (sometimes with not even in-house movements).