Reference

Greubel Forsey Balancier S2

Reference BALANCIER · Titanium

Track Greubel Forsey BALANCIER

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About this reference

The Greubel Forsey Balancier S2, introduced in 2021 as an evolution of the original Balancier S, remains in limited production with a total of 88 pieces planned for the brushed titanium version and 64 for the charcoal finish. Collectors prioritize this reference for its 46.5mm ovoid titanium case, which features an integrated lug design and a 100-meter water resistance rating, making it the brand's most sports-oriented offering. The movement utilizes a 30-degree inclined balance wheel to compensate for gravity-induced timing errors, a signature technical hallmark of the manufacture. The dial architecture is characterized by a prominent suspended bridge and a high level of hand-finishing, including frosted plates and polished bevels. On the secondary market, these timepieces typically trade in the $160,000 to $210,000 range. A notable variant includes the 2022 edition featuring a carbon fiber case, which further reduced the overall weight.

Auction track record

4 documented sales since 2023. Top hammer $302,400 at Christie's Dubai in 2025. Median hammer: $176,400.

Ranks #17 of 37 Greubel Forsey auction lots we track — see all Greubel Forsey records.

All documented hammer prices

For this reference (and close variants).

LotYearHammerVenue
GMT Balancier Convexe · GMT Balancier Convexe (1 of 1) 2025 $302,400 Christie's Dubai
Double Balancier Convexe · Double Balancier Convexe 2024 $227,365 Phillips Hong Kong
Balancier Convexe S² · Balancier Convexe S² Carbon 2025 $176,400 Christie's Dubai
Balancier S2 · Balancier S2 2023 $155,222 Phillips Geneva

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