Friday, August 27, 2021

AUTHENTIC VINTAGE GRUEN PRECISION ALARM GENTS WRISTWATCH












AUTHENTIC VINTAGE GRUEN PRECISION ALARM GENTS WRISTWATCH

MADE IN: SWISS
CIRCA: 1960's
MODEL: CGRUEN PRECISION WRIST ALARM
CRYSTAL: ACCRYLIC
MOVEMENT: GRUEN PRECISION 17 JEWELS AS CAL.1568 MANUAL WINDING ALARM MOVEMENT
DIAL COLOR: BLUE RING AND SILVER DIAL
FUNCTION: HOUR, MINUTE, SECOND, DATE AT 3:00, ALARM - LOUD & CLEAR
HANDS: SILVER TONE LUMINOUS SWORD HANDS & RED ALARM HAND
MARKERS: WHITE ARABIC MARKERS
CASING : ALL STAINLESS STEEL 
LUGS: 20mm
MEASUREMENT: 35mm DIAMETER w/o CROWN and 42mm LUG TO LUG
CASEBACK ENGRAVING: GRUEN PRECISION - STAINLESS STEEL CASE - SWISS MADE
CROWN: ORIGINAL UNSIGNED SS CROWNS
STRAP: NEW GREY/BLUE TEXTILE STRAP
STRAP SIZE : 8.5"
EXCELLENT CONDITION, KEEPING TIME, ALARM WORKS. NO BOX NO PAPER BUT GUARANTEED AUTHENTIC
PRICE: USD600 (NEGOTIABLE)

In 1935 Gruen introduces the most famous Gruen wristwatch- "The Curvex". These watches are one of the greatest examples of 1930s streamlined design.

1937: Gruen introduces "The Ristside" or "driver's" watches.

In 1938, continuing the success of their VeriThin pocket watches, Gruen also launched a series of Veri-Thin wristwatches. Contemporary Curvex and Veri-Thin movements often are closely related, and can share many parts. By the 1940s, most Gruen wristwatches were either Veri-Thin or Curvex models.

Although Gruen did not manufacture watches for the U.S. military, they offered the public a collection of eight military-style watches, to be used as personal watches.

In 1949, the company introduced their first watches made entirely in the U.S., a line of 21-jewel men's models called the "Gruen 21". The movements are marked "Cincinnati" or "US" instead of the usual "Switzerland."

Fred Gruen retired in 1940 and died in 1945, and his brother George died in 1952. In 1953 the Gruen family sold their interest in the company. The same year, Gruen president Benjamin Katz was forced into retirement after a scandal, and in 1954 the company bought out his shares for $2 million USD.

In 1953, the Gruen Watch Company had its highest sales in its entire history.Gruen, Rolex and Aegler

One of the most deeply-held myths about Gruen is that Gruen and Rolex at one time manufactured movements for each other's watches. Both firms did use some of the same movements—the best known examples are the Gruen Techi-Quadron and its twin, the Rolex Prince. In reality, these movements were manufactured by a third company, Aegler, who was a very close neighbor to the Gruen Precision Factory. They were Aegler's biggest customers, and were both large shareholders as well—the full company name at one time was, Aegler, Societe Anonyme, Fabrique des Montres Rolex & Gruen Guild A. Gruen and Rolex both occasionally showed pictures of the huge Aegler factory in their advertising, making the implication that this was a Gruen- or Rolex-owned facility, although ownership at the time was divided among Gruen, Rolex and Aegler itself. Gruen sold their Aegler shares in the 1930s, after they moved all production to the Precision Factory. After this time, Aegler became increasingly tied to Rolex through the sale of stock. Today, the main Rolex building in Biel is the old Aegler factory, and though it is now owned by Rolex, it is still run by the Aegler family.

This article taken from Complete Price Guide to Watches, American Wriswatches, Rolex Wristwatches: Best of Time and Gruen Master Book


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