The Yema Navygraf Phantom takes the brand’s compact Navygraf diver into darker territory, pairing an all-black case and bracelet with the model’s signature yellow hands.
Limited to 200 pieces and priced at $2,099, it is positioned well above the standard Navygraf, but the changes go deeper than a new color treatment.
A stealth Navygraf with sharper specifications
The Phantom uses a black IP-plated steel case measuring 38.5mm across, 46mm lug-to-lug and 11.05mm thick before the crystal.
For a 300-meter dive watch, that is a notably slim profile, and it suits the Navygraf’s cleaner, less tool-heavy personality compared with Yema’s more idiosyncratic Superman diver.
The case finishing is a strong part of the watch’s appeal, with brushed surfaces, defined lines and just enough polished chamfering to keep the blackout treatment from looking flat.
Yellow hands, brushed black dial and ceramic bezel
The dial keeps the Navygraf’s recognizable yellow hour and minute hands, set against a vertically brushed black surface that gives the watch more texture than the standard model.
Yema has also removed the date, which works well here because the pale yellow markers remain uninterrupted and the dial symmetry is stronger for it.
Up front, the Phantom gets a 2.5mm double-domed sapphire crystal and a matte black ceramic bezel insert, with the stealth theme carried through by leaving most of the bezel markings dark apart from the triangle at 60.
The bezel action is conventional rather than using the Superman’s locking system, but the 120-click feel is crisp, easy to grip and properly suited to a daily-wear dive watch.
The CMM.10 movement changes the character
Inside is Yema’s CMM.10 manufacture movement, bringing a 70-hour power reserve and helping justify the Phantom’s move into a higher price bracket.
The movement is visible through a tinted sapphire display back, though the dark crystal makes it more of a discreet glimpse than a clear showcase.
That decision matches the Phantom theme visually, but anyone expecting an open view of the calibre may find the effect a little too restrained.
The bracelet is the main point of debate
The black IP H-link bracelet starts at 19mm and tapers quickly toward the clasp, which gives the watch a compact feel but may look narrow on larger wrists.
The clasp is functional and includes an old-school dive extension, though at this price a modern quick-adjust system would have made the package feel more complete.
The IP coating also matters here: it looks convincing across the case and outer bracelet surfaces, but buyers will want production examples to show consistent finishing between the links.
Lume performance is solid for painted markers, with a bluish-green glow that suits the watch’s restrained military-diver attitude.
The Navygraf Phantom will make the most sense for collectors who like compact divers, no-date layouts and stealth finishing, especially those who find the standard Navygraf appealing but want the upgraded movement, sapphire crystal, ceramic bezel and more dramatic visual character.
