What we have here is a rare treasure from Nivada Grenchen.
Nivada (or Nivada Grenchen, or Croton in the states) should be a familiar name to vintage watch collectors. Their sporty diver's chronograph, the Chronomaster (or even sometimes ) Aviator Sea Diver, has been gaining well-deserved traction on the vintage chronograph circuit. But in the 1960s the brand was also a trailblazer in the realm of dive watches, producing handsome examples with impressive depth ratings (some over 1000m).
This particular piece, a Wanderer, is a real unicorn. At first glance, it can be mistaken for a simple dive watch, but this would miss the full picture. This piece actually features an alarm functionality, one of the coolest complications in the world of vintage.
Next, you might notice the arrow hand. That’s right! This watch is also a GMT. On the complication side, you’d be hard pressed to find another combination like this on the market.
But the design doesn’t end there. The other truly intriguing decision made by the brand was to narrow the bezel in a particularly intriguing manner such that the dial to bezel ratio is quite uncommon. This scales back the sports aesthetic a bit, yielding a bit more versatility to the design than would otherwise be present. The bezel is there enough to be functional and practical, but it is nonetheless slender enough that it isn’t cumbersome to the design— your attention is on the dial, not the bezel.
This is a really unique piece, and for the money, this watch gives you plenty to enjoy. A wonderful foray into the world of vintage complications, catch this rare piece before it's gone.