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Grand Seiko Elegance 38 mm Silvered 18k

Photography on request

Front view

Front view

Dial, hands and bezel as delivered.

Case-back view

Case-back view

Case-back engraving and, where fitted, the sapphire display.

Movement

Movement

Calibre with its finishing and decoration.

On the wrist

On the wrist

Worn shot for proportion and strap drape.

Grand Seiko · Elegance

Grand Seiko Elegance 38 mm Silvered 18k

Reference 27987OR.54

Reference at a glance

Brand
Grand Seiko
Collection
Elegance
Model
Grand Seiko Elegance 38 mm Silvered 18k
Reference number
27987OR.54
Year / era
1988 · 1980s — mechanical revival
Complication
Chronograph
Movement
Automatic, Swiss lever escapement
Case material
18k yellow gold
Dial type
Silvered opaline
Strap / bracelet
Jubilee bracelet
Water resistance
300 m
Limited-edition status
Regular production, not a limited edition
Compare this reference

Case, dial & bracelet

Case dimensions
38 mm
Case thickness
14.1 mm
Case material
18k yellow gold
Bezel
Unidirectional ceramic 60-minute
Crystal
Sapphire with internal AR treatment
Dial
Silvered opaline
Hands
Skeletonised sword hands, white luminescent
Indexes
Applied Roman numerals
Bracelet / strap
Jubilee bracelet
Clasp / buckle
Folding clasp in matching case metal
Water resistance
300 m

Movement

Movement / calibre
Calibre 55D — Automatic, Swiss lever escapement
Movement type
Automatic, self-winding
Frequency
36,000 vph (5 Hz)
Power reserve
38 hours
Number of jewels
25 jewels
Complications
Chronograph
Functions
Dive time, running seconds
Watchmaker
Finishing, assembly and timing are carried out in the manufacture's own atelier.

Production & market

Production period
1988 – 2002
Limited-edition quantity
Not applicable
Current market information
Trades close to retail on the secondary market, with steady demand for full-set examples.

Designer

Marc Newson

Marc Newson is an Australian industrial designer whose work spans Qantas cabins, Apple hardware and Jaeger-LeCoultre's Atmos clocks; his watch design reduces the object to pure geometry and legibility.

Historical significance

Grand Seiko Elegance 38 mm Silvered 18k sits within Grand Seiko's Elegance line, introduced in 1988. It carries the house codes established since 1960 — 18k yellow gold case, silvered opaline dial and automatic, swiss lever escapement — and is one of the references collectors use to date the evolution of the collection.

Interesting facts

  • The movement's bridges are decorated even where they will never be seen once the watch is cased.
  • The bracelet tapers across its length, which is why the profile looks thinner on the wrist than the specification suggests.
  • The case is finished by hand, alternating polished and satin-brushed surfaces in a single pass so the edges stay razor sharp.
GR

The House

Grand Seiko

Brand facts

Founding year
1960
Founder
Seiko / Daini & Suwa Seikosha
Headquarters
Japan
Tier
Premium
Major collections
Heritage, Evolution 9, Elegance, Sport, Masterpiece, Spring Drive
Signature technologies
Proprietary case-hardening and polishing · Certified chronometer regulation
Famous movements
High-beat automatic · Spring Drive · Automatic, Swiss lever escapement · Automatic chronograph
Notable watches
Grand Seiko Heritage 37 mm Ice Platinum (1960) · Grand Seiko Heritage 42 mm Black Stainless (1963) · Grand Seiko Heritage 37 mm Slate Ceramic (1969) · Grand Seiko Heritage 44 mm Skeletonised Ceramic (1975)

Brand history

Grand Seiko has spent more than 66 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's Heritage, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.

Seiko / Daini & Suwa Seikosha established Grand Seiko in 1960, working from Japan at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every Grand Seiko calibre produced today.

Historical milestones

  1. 1960

    Seiko / Daini & Suwa Seikosha founds Grand Seiko in Japan.

  2. 1969

    The quartz era forces Grand Seiko to redefine mechanical watchmaking.

  3. 1990

    Grand Seiko enters the modern collector market with its signature lines.

  4. 2024

    Grand Seiko continues to produce Heritage, Evolution 9, Elegance and other icons in limited numbers.

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