technical question?

[tuisquash]

is in house a better movement, or just more exclusive?

[JJ Irani]

Originally Posted by tuisquash

is in house a better movement, or just more exclusive?

Probably more exclusive.

ETA modified movements are superb and used by some of the best SWISS manufacturers in the world.

JJ

[argee1977]

The workings of a watch are generations old, ETA have their movements to a standard where they can be regulated to be as accurate as any 'in-house' movement, so when they sell them to the likes of IWC, Panerai, etc they can be modified and then put through COSC to achieve just as good a results as Patek or Rolex.

For me there are three reasons for in-house movements:

1. Cost savings - if like Rolex you make the entire movement now, then the price and availability is in your own hands, does a Rolex movement cost anymore than a Valjoux 7750 that's been put through its COSC, i'm not 100% sure but i doubt there is much cost difference.

2. Exclusive - By manufacturing their own movements they can make the watch have any style of complication or function, they can also engrave or make the parts look nice, which looks great with a display back.

3. Legacy - The companies of today may have the names, but they're more of a business than previous generations, but with many they have inherited movements, skillsets, machinery, etc that allow them to produce movements.


The reason i state this is that with most watch companies of today there is usually a parent company, by this i mean the likes of Lange & Sohne, JLC, Vacheron Constantin, IWC & Panerai are all owned by Richemont, so in theory there could be cross over, and there has been in the past, even though the likes of IWC and Panerai use ETA movements they could just as easily start using JLC or VC movements inthe future due to the parent company, so if Panerai were to get even more successful then i'd bet that Richemont would start using other areas to support them, it's the same with LVMH who own the likes of Zenith, TAG and a few others.

[Nica64]

Nice information!!!

[mfer]

Originally Posted by argee1977

The workings of a watch are generations old, ETA have their movements to a standard where they can be regulated to be as accurate as any 'in-house' movement, so when they sell them to the likes of IWC, Panerai, etc they can be modified and then put through COSC to achieve just as good a results as Patek or Rolex.

For me there are three reasons for in-house movements:

1. Cost savings - if like Rolex you make the entire movement now, then the price and availability is in your own hands, does a Rolex movement cost anymore than a Valjoux 7750 that's been put through its COSC, i'm not 100% sure but i doubt there is much cost difference.

2. Exclusive - By manufacturing their own movements they can make the watch have any style of complication or function, they can also engrave or make the parts look nice, which looks great with a display back.

3. Legacy - The companies of today may have the names, but they're more of a business than previous generations, but with many they have inherited movements, skillsets, machinery, etc that allow them to produce movements.


The reason i state this is that with most watch companies of today there is usually a parent company, by this i mean the likes of Lange & Sohne, JLC, Vacheron Constantin, IWC & Panerai are all owned by Richemont, so in theory there could be cross over, and there has been in the past, even though the likes of IWC and Panerai use ETA movements they could just as easily start using JLC or VC movements inthe future due to the parent company, so if Panerai were to get even more successful then i'd bet that Richemont would start using other areas to support them, it's the same with LVMH who own the likes of Zenith, TAG and a few others.

Agreed. I'm predicting Pamerai will use JLC movements in the future if ETA stops selling them to the market at large. When that happens the price of all Pam's will jump big.

[dman]

Originally Posted by mfer

Agreed. I'm predicting Pamerai will use JLC movements in the future if ETA stops selling them to the market at large. When that happens the price of all Pam's will jump big.

They didn't need the excuse of a great movement like JLC, they just jumped them through the roof anyways.

[argee1977]

I should have added i also thnk there's a bit of pride involved as well, where watchmakers feel they should have at least produced an 'in-house' movement, although i also think that some take a great design such as ETA and then make it better, negating the need to spend a lot of time and money making an in-house movement as they have a good product, and at a good price.

I think some people get caught up in this whole 'in-house' movement thing, remember the basic principles behind a watch, and with an ETA/modified ETA that has been regulated to within COSC standard do you really think it's any less of a watch than something like PP, Rolex, etc who use in-house movemvents?

When/If ETA stop supplying movements then i'd guess that Panerai will move onto something else, from what i've been hearing it's a mixture, another couple of 'in-house' movements and the usage of other manufacturers.

[Trurolexer]

Originally Posted by dman

They didn't need the excuse of a great movement like JLC, they just jumped them through the roof anyways.