No so easy question about the quality. I would not be surprized that the quartz movement would be identical to the one mounted in another brand-new French watch, re-edition of the Yema Rallygraf of the 70's.
Originally Posted by dleibow
Same simplistic small register chrono (more a "second counter" than a real chrono ). This Yema is more expensive due to the stainless steel case and 100m resistance. I think that the 2-year garantee made by LIP indicates they trust in the movement that should be reliable ("VD53" in the Yema, Seiko origin ?). No noticeable time deviation in 2 days. The Yema is +/-2s per month.
The Lip dial and hands are finely made. The small registers are turned in the metal. The chrome-plated case could resist quite well. It was very common in the past, and most of my vintage watches demonstrates that its not a real problem as long as one keep the watch clean. The stainless case back is enough in most of the uses. The band that came with the watch is branded Lip but likely a Hirsch genuire leather. I may have bought this Lip even at the normal price.
I dream to see Yema or Lip watches mounted with mechanical calibers....
After googleing the VD53 reference : Its well a Seiko or TimeModule (TMI) reference. Non jewelled movement (usually not necessary on 1s step movement). Specification +/-20s per month a normal temperature. Technical/service data sheets available here. V53B with date :
Finally more "mechanical" than we usually imagine...