We've been fans of Yema for quite sometime. While you don't see too many Yachtingrafs on the market in general, this specific variant is as rare as they come.
This particular piece is a Régate, or Regatta Timer, which Yema launched in 1969. Unlike the previous models of Yachtingraf, the Régate featured a modified Valjoux 7733 as its drivetrain, which showed the regatta countdown in numerical format. Moreover, the Régate is the first Yachtingraf to feature crown guards, as well as a ship on the dial, giving rise to the nickname "white ship."
As rare as it is distinctive, only about 25 of these awesome watches have emerged on the commercial market, so catch this one now before it sails away.