Name: Pequignet Royale Paris Chrono 9120313
Brand: Pequignet
SKU: 9120313

The Royale Paris Chrono is one of the few French watches with a genuine in-house chronograph calibre: the RM002 column-wheel movement was designed and manufactured in Besançon, the historic French watchmaking center, not outsourced to a Swiss ébauche supplier. For collectors interested in French watchmaking with real technical substance, Pequignet is a serious answer.

What it is

Pequignet was founded in Morteau, France, in 1973 and relocated manufacturing to Besançon in 2006 with an explicit investment in in-house movement development. The Calibre RM002 column-wheel chronograph was the result of that investment: a Swiss-lever escapement, column-wheel actuation, and vertical clutch in a 42mm steel case. The brand operates independently of LVMH, Richemont, and Swatch Group, which is increasingly rare in French watchmaking.

The panda dial configuration of the Royale Paris Chrono is the most legible and collector-relevant expression of the reference.

Buying notes

Pequignet's service network outside France is limited; buyers should confirm access to a qualified service center in their region before purchasing. The brand's production volumes are modest and their global distribution is thin, which means secondary-market liquidity is low. The in-house RM002 is a genuine chronograph calibre but it lacks the service history and documented longevity of Swiss column-wheel movements from established brands; long-term reliability data is thinner than for a Valjoux 7750 or Lemania.

Market read

New Royale Paris Chrono references retail in the 3,000 to 4,500 EUR range, which represents genuine value for an in-house column-wheel chronograph from an independent manufacture. The secondary market is thin: Pequignet does not have global collector recognition, so used examples move slowly and typically trade at or below retail. For the buyer who wants in-house French chronograph mechanics at an accessible price, the thin secondary market is the cost of entry.

Service expectations

Service for the RM002 calibre should route through Pequignet's Besançon manufacture or an authorized French service agent with parts access. The in-house movement is not compatible with off-the-shelf Swiss ébauche parts; confirm service capability before buying. Recommended interval is five to seven years for normal wear.

Editorial copy is AI-drafted from primary sources and reviewed by Grail Atlas before publication. Where the text is uncertain about a fact, it says so. Email corrections@grailatlas.com if something reads wrong. Signals on this page (community, OSINT) are clearly separated from the editorial sections.

Mass-produced#3 in family

Live pricing is coming soon. Get notified when it is available for this reference.

In-house manufacture caliber · caliber Calibre Initial Chronograph (cam-actuated; developed with a Swiss manufacture)

Medium-large: suits wrists 6.5 in+ (16.5 cm+)

39.5 mm case. Wears confidently on average to larger wrists. May overhang on slender builds.

Not yet rated

Community + OSINT signals haven’t landed for this reference yet. We don’t publish a rating against zero signal: the number would mean nothing. Editorial body + caliber + market value still surface above; ratings appear once the signal corpus does.

Search pre-owned listings

Chrono24

eBay (sold listings)

WatchBox

Authentication

Both chronograph pushers must return to fully extended position after each press; any pusher that does not return has a faulty return spring.

Known issues in the market

Upper pusher starts and stops; lower pusher resets; verify both functions independently.
Pusher return spring failure is a common fault on used chronographs.

Area	What to check	What is correct	Red flag
case	Pusher return to extended position	Both pushers return fully to extended position after each press	Pusher does not return to extended position; faulty return spring
movement	Cam-actuated chronograph function	Start/stop and reset functions operate correctly; cam mechanism consistent with Calibre Initial Chronograph	Start, stop, or reset function fails; cam mechanism fault
dial	Royale Paris Chrono configuration	Dial text and configuration consistent with ref. 9120313	Incorrect text or configuration; non-genuine or wrong model dial

Common legitimate replacements

Pushers; Pequignet OEM only.
Crystal; sapphire standard.

Expert resources: Pequignet authorized service; Morteau manufacturer documentation.

Authentication guide

Last reviewed June 2026

The Royale de Paris Chrono uses the Calibre Initial Chronograph, a cam-actuated modular chronograph developed with a Swiss manufacture partner. It is not the in-house Calibre Royal movement. The modular architecture means the chronograph module sits on top of a base caliber. Pusher action and sub-register behavior are the primary function checks.

Known reproduction risks

toggle

LOW

Non-Pequignet chronograph movement in Royale de Paris case

Movement without "PEQUIGNET" designation on bridges through caseback
Sub-register hands that do not return to zero on reset
Pusher positions inconsistent with the 2 and 4 o'clock layout

Pequignet chronographs are not a counterfeiting target. Condition, service history, and correct function of the chronograph module are the practical pre-purchase concerns.

Dial variants by era

toggle

Era	Description	Identifiers
2026 to present	White or black dial with chronograph sub-registers. Three-register layout standard for classic column-style presentation. Small seconds at 9, 30-minute counter at 3, running seconds at 6 (or equivalent layout).	Three sub-registers on the chronograph dial: small seconds, running 30-minute or 60-minute counter, and chronograph seconds Two pushers at 2 and 4 o'clock for start/stop and reset "PEQUIGNET" at 12 and "ROYALE DE PARIS" at 6 or below brand name The case height at 12.7mm is visibly thicker than the manual or automatic variants (11.5mm) due to the chronograph module Tachymeter scale or chapter ring consistent with the chronograph function

Service part flags

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Chronograph module

Original: The Calibre Initial Chronograph is a modular design: the chronograph mechanism sits as a separate module on the base caliber. Cam-actuated control means the chronograph levers are controlled by shaped cams rather than a column wheel. The modular construction increases case thickness to 12.7mm.

Replacement tells

Case height measurably below 12mm -- the modular construction produces the 12.7mm profile; a thinner case indicates the module is absent
Column-wheel visible through caseback in a watch claimed to be cam-actuated
Pushers at 2 and 10 (the conventional column-wheel position) rather than 2 and 4

Pusher function

Original: Start/stop pusher at 2, reset pusher at 4. Cam-actuated operation means the reset engages only when the chronograph is stopped. Attempting to reset while running should produce either no response or a defined resistance.

Replacement tells

Reset that engages freely while the chronograph is running -- cam-actuated designs typically prevent or limit reset while running
Sub-register hands that do not fly back to zero on reset
Chronograph seconds hand that does not start instantly at pusher engagement

Movement base

Original: The Swiss manufacture base caliber under the chronograph module. Not the Calibre Royal; a co-developed base is used for the chrono application.

Replacement tells

Movement base without "PEQUIGNET" marking on the visible bridges through caseback
Any automatic rotor -- verify whether the Chrono version is automatic or manual-wind; the presence or absence of a rotor must match the specification

Case back markings

toggle

2026 to present

Ref. 9120313 (or variant)
"CALIBRE INITIAL CHRONOGRAPHE" or equivalent designation
"PEQUIGNET" and "MORTEAU" engravings
Serial number
30M water resistance
Exhibition sapphire caseback

Movement tells

toggle

Chronograph reset should return all sub-register hands to their zero positions cleanly and simultaneously. Any lagging hand on reset indicates a worn cam or lever needs replacement.
Running accuracy with the chronograph engaged should not materially differ from accuracy with the chronograph stopped. Significant rate change with the chronograph running indicates friction in the chronograph module that needs service.

Sources: Pequignet official: Royale de Paris Chrono.

Ref. Royale Paris Manuel

Grand Seiko

Heritage Spring Drive

Ref. SBGA211

Grand Seiko

Heritage Spring Drive

Ref. SBGA413

Omega

Speedmaster

Ref. 332.10.41.51.01.001

Glashütte Original

PanoReserve

Ref. 1-65-01-22-12-30

Buying guidance

← Back to Grail Atlas

What it is

The panda dial configuration of the Royale Paris Chrono is the most legible and collector-relevant expression of the reference.

Buying notes

Market read

Service expectations

Mass-produced#3 in family

Live pricing is coming soon. Get notified when it is available for this reference.

In-house manufacture caliber · caliber Calibre Initial Chronograph (cam-actuated; developed with a Swiss manufacture)

Medium-large: suits wrists 6.5 in+ (16.5 cm+)

39.5 mm case. Wears confidently on average to larger wrists. May overhang on slender builds.

Not yet rated

Search pre-owned listings

Chrono24

eBay (sold listings)

WatchBox

Authentication

Both chronograph pushers must return to fully extended position after each press; any pusher that does not return has a faulty return spring.

Known issues in the market

Upper pusher starts and stops; lower pusher resets; verify both functions independently.
Pusher return spring failure is a common fault on used chronographs.

Area	What to check	What is correct	Red flag
case	Pusher return to extended position	Both pushers return fully to extended position after each press	Pusher does not return to extended position; faulty return spring
movement	Cam-actuated chronograph function	Start/stop and reset functions operate correctly; cam mechanism consistent with Calibre Initial Chronograph	Start, stop, or reset function fails; cam mechanism fault
dial	Royale Paris Chrono configuration	Dial text and configuration consistent with ref. 9120313	Incorrect text or configuration; non-genuine or wrong model dial

Common legitimate replacements

Pushers; Pequignet OEM only.
Crystal; sapphire standard.

Expert resources: Pequignet authorized service; Morteau manufacturer documentation.

Authentication guide

Last reviewed June 2026

Known reproduction risks

toggle

LOW

Non-Pequignet chronograph movement in Royale de Paris case

Movement without "PEQUIGNET" designation on bridges through caseback
Sub-register hands that do not return to zero on reset
Pusher positions inconsistent with the 2 and 4 o'clock layout

Pequignet chronographs are not a counterfeiting target. Condition, service history, and correct function of the chronograph module are the practical pre-purchase concerns.

Dial variants by era

toggle

Era	Description	Identifiers
2026 to present	White or black dial with chronograph sub-registers. Three-register layout standard for classic column-style presentation. Small seconds at 9, 30-minute counter at 3, running seconds at 6 (or equivalent layout).	Three sub-registers on the chronograph dial: small seconds, running 30-minute or 60-minute counter, and chronograph seconds Two pushers at 2 and 4 o'clock for start/stop and reset "PEQUIGNET" at 12 and "ROYALE DE PARIS" at 6 or below brand name The case height at 12.7mm is visibly thicker than the manual or automatic variants (11.5mm) due to the chronograph module Tachymeter scale or chapter ring consistent with the chronograph function

Service part flags

toggle

Chronograph module

Replacement tells

Case height measurably below 12mm -- the modular construction produces the 12.7mm profile; a thinner case indicates the module is absent
Column-wheel visible through caseback in a watch claimed to be cam-actuated
Pushers at 2 and 10 (the conventional column-wheel position) rather than 2 and 4

Pusher function

Replacement tells

Reset that engages freely while the chronograph is running -- cam-actuated designs typically prevent or limit reset while running
Sub-register hands that do not fly back to zero on reset
Chronograph seconds hand that does not start instantly at pusher engagement

Movement base

Original: The Swiss manufacture base caliber under the chronograph module. Not the Calibre Royal; a co-developed base is used for the chrono application.

Replacement tells

Movement base without "PEQUIGNET" marking on the visible bridges through caseback
Any automatic rotor -- verify whether the Chrono version is automatic or manual-wind; the presence or absence of a rotor must match the specification

Case back markings

toggle

2026 to present

Ref. 9120313 (or variant)
"CALIBRE INITIAL CHRONOGRAPHE" or equivalent designation
"PEQUIGNET" and "MORTEAU" engravings
Serial number
30M water resistance
Exhibition sapphire caseback

Movement tells

toggle

Chronograph reset should return all sub-register hands to their zero positions cleanly and simultaneously. Any lagging hand on reset indicates a worn cam or lever needs replacement.
Running accuracy with the chronograph engaged should not materially differ from accuracy with the chronograph stopped. Significant rate change with the chronograph running indicates friction in the chronograph module that needs service.

Sources: Pequignet official: Royale de Paris Chrono.

Ref. Royale Paris Manuel

Grand Seiko

Heritage Spring Drive

Ref. SBGA211

Grand Seiko

Heritage Spring Drive