This Affordable Dive Watch Brings a Vintage Favorite Into the Modern Era

Nivada’s latest twist on the Depthmaster should satisfy fans of both vintage and contemporary tool watches.

closeup of a blue nivada grenchen dive watch dialNivada Grenchen

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The modern incarnation of Swiss watch brand Nivada Grenchen is the practical definition of “right place, right time.”

The brand initially shut its doors at the height of the Quartz Crisis, as mechanical watches had fallen out of favor due to the lower cost and better accuracy provided by battery-powered quartz watches.

Fast-forward to today, and the reborn Nivada — which was resurrected in 2020 — has found a perfect home in the modern mechanical watch market. By reissuing vintage models from its mid-century heyday, the brand can offer up more affordable alternatives to popular luxury watches while simultaneously laying claim to the legitimate history of those same styles.

nivada grenchen dive watch on a mans wrist
Nivada Grenchen has perfected the art of making vintage watch reissues feel fresh.
Nivada Grenchen

For instance, in the 1950s, the original Nivada Antarctic was just one of many similar adventure-ready tool watches, while today’s version is the best affordable Rolex Explorer alternative. In the 1960s, Nivada was one of several brands to use “exotic” dials made by Singer in its chronographs. The watches that use those dials today have as much of a claim to the “Paul Newman” dial as the unobtainable Rolex Daytona.

Which brings me to Nivada’s latest release. The brand has issued a new version of its Depthmaster dive watch, and while the watch follows the same basic blueprint as Nivada’s existing Depthmaster reissues, the new Midnight Blue colorway and a couple of design tweaks make this the most contemporary version of the diver we’ve seen yet.

Bridging the gap between vintage and modern

The original Depthmaster, which has lovingly been nicknamed the “Pacman” by vintage collectors due to its indices’ resemblance to the ’80s arcade character, is a pretty bizarre-looking dive watch.

With its wacky indices, stainless steel bezel and cushion case, the watch definitely leans more into the “unorthodox diver” category than as an affordable alternative to something more traditional like a Rolex Submariner or Omega Seamaster. (Another nickname for the watch, “Baby Panerai,” alludes to this.)

nivada dive watch
The textured dégradé dial is the most striking feature on Nivada’s latest dive watch.
Nivada Grenchen

But Nivada’s latest twist on the Depthmaster bridges that gap. It keeps the basic DNA of the style — it’s still a 1,000m-capable cushion-cased diver — but its aesthetics have been softened and modernized.

The Pacman-esque indices have been swapped for more standard-looking dive watch indices that look like something you’d find on a Tudor. The steel bezel has been traded for a modern ceramic bezel with fully-lumed markings.

The dial has been given a coarse texture with a dégradé finish that darkens from midnight blue at the center to black at the minute track. The watch also carries over the standard Depthmaster’s most modern touches, namely the flat sapphire crystal and automatic helium escape valve.

the side of a nivada dive watch showing a helium escape valve
The ceramic bezel insert and automatic helium escape valve help the new Depthmaster feel surprisingly modern.
Nivada Grenchen

Overall, it’s a wonderful juxtaposition of vintage and contemporary dive watch cues in a wearable 39mm package that clocks in at just under a grand on a rubber strap. Hot damn.

Pricing and Availability

The Nivada Grenchen Depthmaster Blue is once again powered by the Soprod Cal. P024 no-date automatic movement and is topped with a sapphire crystal.

It’s available exclusively on a matching dark blue Tropic rubber strap and is priced at a beyond-reasonable $995. That’s quite a spectacular deal for a dive watch with both an interesting history and an abundance of impressive modern specs, but of course, there’s a catch.

Nivada is making just 150 examples of the Depthmaster Blue, meaning the watch isn’t going to be available for very long. If you’re on the fence, I’d recommend ordering one quickly before they’re gone.

nivada dive watchNivada Grenchen

Nivada Grenchen Depthmaster Blue

Specs

Case Size 39mm
Movement Soprod Cal. P024 automatic
Water Resistance 1,000m
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