Originally Posted by mafoofan
The more hurtful truth is this: Grand Seikos are interesting watches, but they are not made of pixie dust and the dreams of happy children. They are most certainly not objectively better than many Swiss watches selling for the same price. I don't see Rolex losing any sales to them.
You were making fairly good point in your earlier post but I feel these comments are off the mark.
For starters, it was never Seiko's strategy to market GS internationally. And the reason for that is that the manufacturing capacity they had for this brand was quite small. Only their top watchmakers, are allowed to touch GS, which explains low quantities, primarily aiming the Japanese market were they enjoy a fantastic image.
They have now increased their production capacity and have just announced in Basel that they will be distributing the brand more widely to international markets.
I have owned 5 rolex (Submariner, Submariner Date, GMT Master, Explorer II, Daytona) and 1 GS (SBGM001). Objectively, the GS beats the pants off all the Rolex I've owned except the Daytona 116520, which I consider on par with the GS in terms of finish and perceived quality. You mention the lack of decoration on the GS movement, but that I know of, it isn't precisely Rolex' strongest suit.
As for Rolex' market share, of course they are not going to put a dent in their domination. But who is? GS will still be a niche player targeting the discerning few.