The Master Perpetual Calendar in steel is one of the better values in the perpetual calendar category; secondary prices are stable because the in-house caliber is reliable and the steel case is relatively uncommon for a watch at this complication level.
▶What do condition grades mean?
New Old Stock
Unworn example retaining original packaging, tags, and warranty documentation.(+30–50% above market)
Unpolished
Worn but the case has never been polished; original brushed and polished surfaces are intact.(+15–25% above market)
Polished
Case has been professionally or amateur polished at some point; edge definition is softened.(-15 to -5% vs. market)
Recently Serviced
Movement has been recently serviced with documented service records; case condition varies.(at market)
Project
Needs service, has dial or hand issues, non-original parts, or other remediation before daily wear.(-50 to -25% vs. market)
Editorial estimate. Actual prices vary by condition, date, and box/papers status. Live pricing data is in development.
Movement tier: unclassified · caliber JLC Cal. 868/1 -- automatic perpetual calendar, 28,800bph, 43h PR, 40j; perpetual day/date/month/year display with moon phase; no manual correction needed until 2100
Medium-large: suits wrists 6.5 in+ (16.5 cm+)
40 mm case. Wears confidently on average to larger wrists. May overhang on slender builds.
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The perpetual calendar module is a high-value JLC component; verify service was performed by JLC or an authorized service center with perpetual calendar experience.