The Reverse Panda Valjoux chronograph with black dial and white sub-dials worn on the wrist

The Reverse Panda Valjoux, a Valjoux 23 racing chronograph limited to 25 pieces

The Reverse Panda Valjoux is a 38 mm stainless steel chronograph with a matte black dial, white sub-dials, a black tachymeter bezel and a restored vintage Valjoux 23 VZ hand-wound movement. A collaboration with Reimagined, it was made as a limited edition of 25 pieces, and it now has its place in the Retrospective of our limited editions.

Nivada Grenchen The Reverse Panda chronograph, front view
A design born for racing

A matte black dial contrasted by white sub-registers, luminous hands and markers, and a tachymeter scale for timing speed: every detail recalls the timing instruments of mid-century motorsport. The square painted indexes and the “N” Nivada logo follow the 1966 original.

Learn more in our guide to panda and reverse panda chronographs.

A restored Valjoux 23 VZ

The Valjoux 23 is a hand-wound, column-wheel chronograph calibre whose production spanned 58 years, from 1916 to 1974. Nivada Grenchen uses new old stock movements that are fully reconditioned and tested, so you get the character of a vintage chronograph without the usual maintenance worries.

Discover our Valjoux 23 chronographs.

Nivada Grenchen Chronomaster Reverse Panda caseback showing the chronograph movement through the open sapphire back
Nivada Grenchen watch case icon used in product specifications

Case

38 mm, 316L stainless steel, brushed and polished, 13.75 mm thick, 46.5 mm lug to lug

Nivada Grenchen sapphire crystal icon used in product specifications

Glass

Double-domed sapphire crystal

Nivada Grenchen product page icon representing the watch dial and hands

Dial

Matte black dial, white sub-dials, luminous markers, vintage N logo

Nivada Grenchen product page icon representing the watch movement

Movement

Valjoux 23 VZ, hand-wound, restored

Bezel

Black aluminium, tachymeter scale

Nivada Grenchen product page icon representing the watch water resistance

Water resistance

100 m / 10 ATM

Nivada Grenchen product page icon representing the watch strap

Strap

Black racing strap, 20 mm

True to its origins

The 38 mm stainless steel case is brushed and polished, 13.75 mm thick and 46.5 mm from lug to lug, under a double-domed sapphire crystal. The black aluminium bezel carries the tachymeter scale, and the push-pull crown is engraved with the logo.

The watch is water resistant to 10 ATM, or 100 m.

FAQs

A panda dial is a chronograph dial with a light main dial and dark sub-dials, which recall the markings of a panda. A reverse panda swaps the colours: a dark dial with light sub-dials.

A tachymeter is a scale that turns the chronograph into a speed meter. Start the chronograph at a marker, stop it one kilometre or one mile later, and the seconds hand points to your average speed on the scale. On the Reverse Panda Valjoux, the scale is on the black aluminium bezel.

Hold the watch and turn the crown gently clockwise until you feel it resist, without forcing it past that point. Winding it at the same time each day keeps a hand-wound chronograph like the Valjoux 23 running.