All Zenith
Zenith Defy 39 mm Silvered Grade
Front view

Front view

Dial, hands and bezel as delivered.

Case-back view

Case-back view

Case-back engraving and, where fitted, the sapphire display.

Movement

Movement

Calibre with its finishing and decoration.

On the wrist

On the wrist

Worn shot for proportion and strap drape.

Zenith · Defy

Zenith Defy 39 mm Silvered Grade

Reference 32725OR.35

Reference at a glance

Brand
Zenith
Collection
Defy
Model
Zenith Defy 39 mm Silvered Grade
Reference number
32725OR.35
Year / era
1986 · 1980s — mechanical revival
Complication
Chronograph
Movement
In-house manual-winding
Case material
Grade 5 titanium
Dial type
Silvered opaline
Strap / bracelet
Integrated steel bracelet
Water resistance
300 m
Limited-edition status
Regular production, not a limited edition
Compare this reference

Case, dial & bracelet

Case dimensions
39 mm
Case thickness
12.6 mm
Case material
Grade 5 titanium
Bezel
Bidirectional 24-hour Cerachrom
Crystal
Box sapphire with AR coating
Dial
Silvered opaline
Hands
Faceted dauphine hands, polished by hand
Indexes
Printed minute track with applied batons
Bracelet / strap
Integrated steel bracelet
Clasp / buckle
Titanium deployant clasp
Water resistance
300 m

Movement

Movement / calibre
Calibre 48D — In-house manual-winding
Movement type
High-frequency automatic
Frequency
28,800 vph (4 Hz)
Power reserve
72 hours
Number of jewels
21 jewels
Complications
Chronograph
Functions
GMT second time zone, date
Watchmaker
Assembled and regulated by a single watchmaker, who signs off the piece before casing.

Production & market

Production period
1986 – 2000
Limited-edition quantity
Not applicable
Current market information
Trades close to retail on the secondary market, with steady demand for full-set examples.

Designer

Marc Newson

Marc Newson is an Australian industrial designer whose work spans Qantas cabins, Apple hardware and Jaeger-LeCoultre's Atmos clocks; his watch design reduces the object to pure geometry and legibility.

Historical significance

Zenith Defy 39 mm Silvered Grade sits within Zenith's Defy line, introduced in 1986. It carries the house codes established since 1865 — grade 5 titanium case, silvered opaline dial and in-house manual-winding — and is one of the references collectors use to date the evolution of the collection.

Interesting facts

  • The case is finished by hand, alternating polished and satin-brushed surfaces in a single pass so the edges stay razor sharp.
  • The reference was originally planned as a one-year run and stayed in the catalogue for well over a decade.
ZE

The House

Zenith

Brand facts

Founding year
1865
Founder
Georges Favre-Jacot
Headquarters
Switzerland
Tier
Luxury
Major collections
El Primero, Chronomaster, Defy, Pilot, Elite
Signature technologies
Proprietary case-hardening and polishing · In-house hairspring production · Certified chronometer regulation
Famous movements
In-house automatic, Superlative Chronometer · In-house automatic, chronometer certified · In-house manual-winding · In-house automatic chronograph
Notable watches
Zenith El Primero 42 mm Slate Platinum (1954) · Zenith El Primero 42 mm Mother-of-pearl Ceramic (1965) · Zenith El Primero 41 mm Skeletonised Sapphire (1975) · Zenith El Primero 40 mm Silvered 18k (1995)

Brand history

Zenith has spent more than 161 years refining a single idea: a watch should outlive its owner. From the earliest workshop pieces to today's El Primero, the house has balanced technical ambition with a recognisable design language, and its collections remain among the most closely followed by collectors worldwide.

Georges Favre-Jacot established Zenith in 1865, working from Switzerland at a time when precision was measured by hand. The founder's obsession with finishing and accuracy still defines every Zenith calibre produced today.

Historical milestones

  1. 1865

    Georges Favre-Jacot founds Zenith in Switzerland.

  2. 1899

    Zenith earns its first international recognition for precision timekeeping.

  3. 1969

    The quartz era forces Zenith to redefine mechanical watchmaking.

  4. 1990

    Zenith enters the modern collector market with its signature lines.

  5. 2024

    Zenith continues to produce El Primero, Chronomaster, Defy and other icons in limited numbers.

More Defy