Preliminary identification

Yema Automatic Stainless Steel Watch, Ref. YE928 (Caliber 4205)

Photo reference

5 uploaded photos

Overview

This is a vintage-modern automatic sports watch produced by the storied French brand Yema during the era it was owned by Seiko. The case houses a compact Seiko caliber 4205 automatic movement set within a plastic retaining spacer, fronted by a textured concentric-guilloché style dial with applied stylized Arabic numerals.

Story

Founded in Besançon in 1948, Yema was bought by Seiko in 1988, creating a fascinating fusion of classic French design housing robust Japanese mechanical workhorse movements like this caliber 4205.

Maker / Origin

Yema was established by Henry Louis Belmont in 1948 and quickly became an icon of French horology, renowned for legendary models like the Superman dive watch and the Rallygraf worn by Mario Andretti. During the late 1980s through mid-2000s, the company was managed under the Seiko Watch Corporation before returning to independent French ownership.

Condition & Value

Fair to good vintage pre-owned condition. The crystal and polished bezel show heavy surface scratching and wear consistent with daily use; the caseback exhibits tool marks and scuffing. Missing original strap or bracelet. Condition wear reduces collector value by roughly 30–40%.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.