The Porsche Design Chronograph I came out in 1972 and this was the first PVD watch on the market. There were no other all-black watches or companies that customized watches to become all-black like Bamford or Pro-Hunter. Many of these Chronograph I watches are found in poor condition because the PVD would be worn off. This example does show signs of wear, but most of the PVD is in-tact. Porsche Design watches from this era are becoming more sought after by collectors and offer a good value for a PVD coated automatic chronograph with a reliable Valjoux based movement.
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Christie's Watches Online: Summer Watch Series Part II
The case is in good condition with scratches and nicks. Some of the PVD-coating is wearing around the edges of the case and to the backs and edges of the lugs. There is a small dent on the bottom right lug. The case back has scratches. The maker's engraving on the case back is hard to make out. The bezel has several small nicks around its edge. The dial is in good condition. The hour and minute hands appear to be replacements. The luminous material at the hour markers has darkened with age. The minute hand luminous material has partially deteriorated. The bracelet is in good condition with signs of wear. There are some small areas where the PVD-coating has worn. The clasp has scratches. The quick-set day and date function is working at the time of cataloguing. The movement is in working order at the time of cataloging, consistent with the age of the watch. The movement has not been tested for accuracy. A service is recommended given the age of the watch.