

Front view
Dial, hands and bezel as delivered.
Case-back view
Case-back engraving and, where fitted, the sapphire display.
Movement
Calibre with its finishing and decoration.
On the wrist
Worn shot for proportion and strap drape.
Greubel Forsey · GMT
Greubel Forsey GMT 39 mm Silvered Stainless
Reference 23176ST.23
Reference at a glance
- Brand
- Greubel Forsey
- Collection
- GMT
- Model
- Greubel Forsey GMT 39 mm Silvered Stainless
- Reference number
- 23176ST.23
- Year / era
- 2004 · 2000s — modern production
- Complication
- Perpetual calendar
- Movement
- In-house tourbillon, manual-winding
- Case material
- Stainless steel
- Dial type
- Silvered opaline
- Strap / bracelet
- White rubber velcro strap
- Water resistance
- 200 m
- Limited-edition status
- Regular production, not a limited edition
Case, dial & bracelet
- Case dimensions
- 39 mm
- Case thickness
- 8.8 mm
- Case material
- Stainless steel
- Bezel
- Octagonal with 8 hexagonal screws
- Crystal
- Sapphire with internal AR treatment
- Dial
- Silvered opaline
- Hands
- Skeletonised sword hands, white luminescent
- Indexes
- Applied Roman numerals
- Bracelet / strap
- White rubber velcro strap
- Clasp / buckle
- Titanium deployant clasp
- Water resistance
- 200 m
Movement
- Movement / calibre
- Calibre 55E — In-house tourbillon, manual-winding
- Movement type
- High-frequency automatic
- Frequency
- 28,800 vph (4 Hz)
- Power reserve
- 5 days
- Number of jewels
- 33 jewels
- Complications
- Perpetual calendar
- Functions
- Hours, minutes, seconds, date
- Watchmaker
- The calibre is built in-house and adjusted in five positions before delivery.
Production & market
- Production period
- 2004 – 2015
- Limited-edition quantity
- Not applicable
- Current market information
- Values have stabilised after the 2022 correction; condition and box-and-papers drive the premium.
Designer
In-house design studio
The reference was drawn by the manufacture's internal design office, where case, dial and movement architects work alongside the watchmakers rather than as an outside commission.
Historical significance
Greubel Forsey GMT 39 mm Silvered Stainless sits within Greubel Forsey's GMT line, introduced in 2004. It carries the house codes established since 2004 — stainless steel case, silvered opaline dial and in-house tourbillon, manual-winding — and is one of the references collectors use to date the evolution of the collection.
Interesting facts
- The reference was originally planned as a one-year run and stayed in the catalogue for well over a decade.
- Early production dials show a slightly different minute track, and collectors pay a premium for them.
The House
Greubel Forsey
Brand facts
- Founding year
- 2004
- Founder
- Robert Greubel & Stephen Forsey
- Headquarters
- Switzerland
- Tier
- Ultra-Luxury & Haute Horlogerie
- Major collections
- Double Balancier, Hand Made 1, GMT, Tourbillon 24 Secondes, Balancier
- Signature technologies
- Proprietary case-hardening and polishing · Anti-magnetic silicon escapement · Hand-applied guilloché dials
- Famous movements
- In-house automatic with 22k gold rotor · In-house automatic micro-rotor · In-house manual-winding, hand-finished · In-house tourbillon, manual-winding
- Notable watches
- Greubel Forsey Double Balancier 40 mm Salmon 18k (2004) · Greubel Forsey Double Balancier 37 mm Blue Sapphire (2004) · Greubel Forsey Double Balancier 41 mm Silvered 18k (2004) · Greubel Forsey Double Balancier 42 mm Black 18k (2004)
Brand history
Greubel Forsey has spent more than 22 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's Double Balancier, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.
Robert Greubel & Stephen Forsey established Greubel Forsey in 2004, working from Switzerland at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every Greubel Forsey calibre produced today.
Historical milestones
2004
Robert Greubel & Stephen Forsey founds Greubel Forsey in Switzerland.
2024
Greubel Forsey continues to produce Double Balancier, Hand Made 1, GMT and other icons in limited numbers.
