It's very important to know the caliber, because what is "acceptable" will vary wildly between manufacturers, and even between movements made by one manufacturer.
First, minimum acceptable amplitude checks are really never done at full wind, but are typically done 24 hours after full wind. I think when people make very general statements about what amplitude should be, this is sort of an extrapolation of how the full wind horizontal amplitude relates typically to that formal 24 hour check.
I do the same thing when I get a watch in - fully wind it and check the horizontal amplitude, just to get a feeling for how it's running, but this is different than a formal tolerance or factory specification.
What is checked at full wind is the maximum amplitude, and that is done in a horizontal position, since that it where the amplitude should be the highest.
Looking at the Rolex specs I have for the Cal. 1555, there are a few things to note:
1 - The minimum amplitude, 24 hours after full wind, should be no less than 200 degrees in any position - typically the lowest positions will be pendant (or vertical) positions, so as long as the amplitude on your Cal. 1555 does drop more than 40 degrees in the 24 hours after it's fully wound, it meets the specifications based on the numbers you have provided.
2 - The maximum full wind amplitude should be no more than 280 - this is common across the 1500 series movements, because higher amplitudes will cause rebanking on these calibers. The more modern movements (3000, 3130) have the max. amplitude at 300, so the geometry of the impulse pin and pallet fork horn allow for more rotational displacement before rebanking occurs. So based on this if someone was taking the high end of what you have read is "acceptable" it would be 30 degrees above what Rolex considers the maximum, and the watch would probably be rebanking.
Hope this helps.
Cheers, Al
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