Wake Up, A New Parmigiani Is Here: The Parmigiani Toric Perpetual Calendar

Finally! I don’t get to write about Parmigiani nearly as often as I’d wish to, but when I can, it’s always a real treat.

Every year at Watches & Wonders, we get bombarded with flashy releases and loud complications screaming for attention. Skeletonised this, ultra-deep that. And then, like a true king of the watch industry, Parmigiani drops something that feels like a whisper, but is in fact an absolute banger.

The new Parmigiani Toric Perpetual Calendar didn’t exactly explode on social media, and that’s kind of the point. It’s not built to impress your friends on Instagram - it’s built to impress people who understand watches. And if you’re someone who actually wears their watches rather than locking them in a safe, this one might stick with you more than most.

Source: MonochromeWatches

Parmigiani being Parmigiani

Parmigiani Fleurier has been refining its identity for the last few years under CEO Guido Terreni. If you’ve been paying attention to their Tonda PF line, you’ve seen them lean hard into refined luxury with some restraint - quiet watches, more focused on sophistication rather than loudness.

Now, they’ve brought that philosophy to the Toric line with the new Toric Perpetual Calendar, and I think they absolutely nailed it.

The watch comes in two versions:

• Platinum case with a soft, dusky blue dial (called “Morning Blue”)
  
  

• Rose gold case with a warm salmon-tone dial (called “Golden Hour”)
  
  

Both come in at 40.6mm wide and 10.9mm thick, and both are incredibly elegant, in that old-school “less is more” kind of way. They’re priced at around €96,000 for the platinum and €89,000 for the rose gold - yeah, definitely not entry-level, but you’re getting a serious piece of horology here.

 

Source: MonochromeWatches

The Dial That Grows On You

At first, the Toric Perpetual Calendar’s dial might seem minimal. But spend a little time with it, and you realise it’s the kind of minimalism that’s incredibly intentional. The grained texture of the dial plays with light beautifully, especially under softer lighting, while the high-polish hands and subdial rings create just enough visual contrast to keep things interesting.

There’s no bombastic moonphase or busy typography. Just clean symmetry:

• Day and date on the left
  
  

• Month and leap year indicator on the right
  
  

The layout is horizontally balanced, although vertically it sits a little low on the dial. Some folks might find that a bit odd at first, but honestly, it’s one of those quirks that gives it character, like the asymmetry you find in certain Lange pieces. It definitely feels intentional, not like a compromise.

Source: MonochromeWatches

What’s Inside Matters

The engine driving all this is Parmigiani’s in-house PF733 manual-wind movement. Two barrels give you a 60-hour power reserve, which isn’t massive for a perpetual calendar, but it's respectable, especially when you consider how thin the movement is.

And here’s where Parmigiani shines: the movement finishing is just beautiful. Clean bridges, elegant architecture, and a very visible reference to the brand’s founder, Michel Parmigiani, whose signature is engraved in the Côtes de Fleurier pattern on the movement. That’s a nice touch.

One thing worth noting - the crown is set slightly lower than the centre of the case. That’s not a defect - it’s a result of how the movement is constructed. Again, it’s the kind of little design detail that might confuse you at first, but starts to make more sense the longer you live with the watch.

Adjustments for the calendar functions are done via pushers on either side of the crown. There’s no fancy crown-integrated system here, and to be honest, I like that. It keeps the design clean, and when it comes to perpetual calendars, simplicity in operation is a blessing.

Source: MonochromeWatches

Where It Sits in the World

Let’s be real - €89K to €96K is certainly not an everyday watch for most people. But in the context of high-end perpetual calendars, Parmigiani is playing in the same space as brands like Patek, Lange, and Vacheron. And while those names have the heritage clout, Parmigiani’s value lies in how it delivers luxury - more subtle, more modern, and in some ways, more personal.

If you’re into loud watches, this one won’t do it for you. But if you’ve grown tired of flex pieces and want something that reflects taste rather than status, I think this is one of the strongest under-the-radar launches of the year.

In a world where everyone’s trying to outdo each other with Ultrathin Tourbillons or Solana collabs (yeah, that happened too), Parmigiani just made a quiet, beautiful perpetual calendar that you’d actually want to wear. Not just once a year for a gala dinner, but on a random Tuesday because it feels right.

Source: MonochromeWatches

TL;DR: Parmigiani Toric Perpetual Calendar

• What it is: A clean, understated perpetual calendar from Parmigiani Fleurier’s revitalised Toric line
  
  

• Case: 40.6mm wide, 10.9mm thick; available in platinum or rose gold
  
  

• Dial: Textured “Morning Blue” or “Golden Hour” salmon; symmetrical subdials for day, date, month, leap year
  
  

• Movement: Manual-wind PF733 with 60h power reserve and elegant finishing
  
  

• Price: Around €96,000 (platinum) / €89,000 (rose gold)
  
  

• Vibe: Grown-up elegance for those who prefer quiet confidence over loud status
  
  

• Final thought: If you know, you know. And if you want something rare, refined, and wearable, this is it.

Source: MonochromeWatches