Rolex - The 2021 New York Watch Auction New York Saturday, December 11, 2021 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1977
    Reference No: 1665
    Movement No: D430’434
    Case No: 5’225’814
    Model Name: Sea-Dweller “Double Red”
    Material: Stainless steel
    Calibre: Automatic, cal. 1570, 26 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, stamped 93150, endlinks stamped 580, max overall length 180mm
    Clasp/Buckle: Stainless steel Rolex deployant clasp stamped 93150, SV2
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed.
    Accessories: Accompanied by Rolex guarantee stamped Heinz Wipperfeld Berlin,and dated 17 October, 1979, original receipt dated 17 October, 1979, Heinz Wipperfeld service receipt dated 7 April, 1984, Rolex International Service Guarantee dated 27 July, 2009, green leather Rolex presentation box.

  • Catalogue Essay

    In 1967 Rolex launched the Sea-Dweller diver’s watch for civilian use, which established a new standard in performance and technology with an incredible depth rating of 2000 feet (610 meters), and the first ever helium escape valve (HEV). The earliest iterations engraved with “Patent Pending Rolex Oyster Gas Escape Valve” on their case backs are highly sought after, while later models like the present features the engraving “Rolex Patent Oyster Gas Escape Value” on the case back. Indeed, after compression dives at such depths, where divers would breathe a mixture of pressurized hydrogen-helium-oxygen, tiny helium atoms would penetrate normal dive watches and pop their crystals out during decompression. Rolex solved this problem by inventing the helium escape valve, which allowed the trapped helium to escape. Between 1967 and 1977, Rolex printed the words “SEA-DWELLER” and “Submariner 2000” in red on two lines on the watch’s dial at 6 o’clock, resulting in the watch being dubbed the “Double Red” years later by aficionados.

    The present Rolex Sea-Dweller, bearing the serial number 5’225’814, is fitted with a Mark IV dial with closed “6” numerals and is in excellent overall condition with a sharp, well-preserved case. Its dial is stunning, with its luminous hour markers having aged to a pleasing warm beige hue. Remarkably, it is accompanied with the original guarantee from Heinz Wipperfeld in Berlin, original purchase receipt, and presentation box.

    The Sea-Dweller is a sporty and versatile watch that is both highly collectible and suitable for daily wear.

  • Artist Biography


    Swiss • 1905

    Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.

    One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.

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Ref. 1665
A well-preserved stainless steel diver’s wristwatch with gas escape valve, date, “double red” Mark IV dial, and bracelet, with punched guarantee, original receipt and presentation box

Circa 1977
39.5mm Diameter
Case, dial, movement and clasp signed.

$25,000 - 50,000 

Sold for $65,520

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293


The 2021 New York Watch Auction

New York Auction 11 - 12 December 2021