Breguet Diver's Flyback Chronograph

About this reference

The Breguet Marine Diver’s Flyback Chronograph reference 5827, often associated with the caliber 583Q/1, was introduced in the mid-2000s and remained a catalog staple for over a decade before being superseded by the 5527. Collectors target this reference for its Lemania-based movement featuring a central chronograph minutes hand, a complication that enhances legibility during underwater use. The 42mm stainless steel case features the brand’s signature coin-edge fluting and a wave-patterned guilloché dial. While not a limited edition, its production volume was lower than contemporary sports watches from competing high-end manufactures. On the secondary market, these timepieces typically trade between $12,000 and $18,000 depending on the presence of the original rubber strap or steel bracelet. A notable variant includes the boutique-exclusive versions with blue dials, which often command a premium over the standard silver or black dial configurations at auction.