Introducing: The Patek Philippe 5930G World Time Chronograph (Details & Official Pricing)

First things first – no Nautilus was shown at Basel World 2016. We're told you can expect to see something this October, just as we didn't see any 175th pieces two years ago until later in the year.

Now that we have that out of the way, let's talk about the big new commercial piece from Patek, the 5930. This watch combines two of our favorite complications – the world-timer and the chronograph. Similar to the 5524G Pilots Watch from 2015, the 5930 is based on an archival piece from Pateks long and illustrious history. But, also similar to the 5524, this world-timer is a very, very loose translation of the original watch – the 1940 reference 1415 HU, a unique piece seen below.

As you can see, the new 5930 doesn't look much like the 1415 HU. We have a 39.5mm white gold case and busy dial that displays a truly extraordinary amount of information for a wristwatch – the time in 24 different timezones, plush 30 minute chronograph. Because there is no running seconds hand here, the caliber has been developed to sustain the chronograph seconds hand running at all times.

To but it in terms that the average layman (or lay Patek nerd) would understand, what they've done here is combine the calibers found in the 5990 and the 5130 to create what is actually the world's smallest and thinnest world-timer chronograph, period.

However, Patek is quick to call out that this caliber CH 28-520 HU can indeed be called entirely new because "axes were shifted, bridges thinned and newly designed, and component clearances changed" to make this possible. The chronograph here is a flyback, as well!

You can see that the 5930G features vintage-style "winglet" lugs and two-different types of finishing to the pushers alone! As one would expect from Patek, the movement and case on this modern globe-trotter's piece are beautifully executed.

To activate the world-timer, all you have to do is press the button at 10 o'clock to advance the timezone – which is indicated at 12 o'clock. While changing timezone, the entire hour hand is disengaged from the movement so neither the amplitude of the balance nor the steady progression of the minute hand are affected. The chronograph hand keeps running without impact as well.

A few more little nice-to-haves? The dial has three distinct tiers, and the crystal itself is beveled. The watch is 12mm thick, which for a world-timer chronograph is pretty impressive.

The price for the new Patek Philippe 5930G will be $73,712 and it will hit stores this summer. More here.