Rolex

• Cal. 1575, rhodium-plated automatic movement, 27 jewels • matte black dial, luminous triangular, dot and baton indexes, aperture at 3 o'clock for date, luminous Mercedes-style hands, center seconds, Sea-Dweller printed in red, Submariner 500 M-1650 FT printed in white • screw-down crown with pointed protective shoulders, screw-down plain case back, bezel lacking • case, dial, and movement signed • later stainless steel Rolex Oyster bracelet

Running at the time of cataloguing, however may benefit from service in the near future. The crystal is very scratched, however beneath the crystal the dial appears to be in relatively good order. The bezel is missing. Bracelet is not original and has been replaced by Rolex. Watch has had extensive service in the past by Rolex, mostly documented in the August-October 1993 service paperwork which accompanies the watch.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

The present lot has been with the same owner for nearly 45 years, since its creation in the late 1960s. The original owner, an accomplished American diver, began his noteworthy career by training for the elite Underwater Demolition Team, a precursor to the Navy SEALS. His work spanned several decades across the globe, and he ultimately worked for the U.S. government on city, state and federal levels.

Accompanied by 1993 Rolex service paperwork.

During the creation of the Sea-Dweller, Ref. 1665, Rolex experimented with several different designs in small production numbers to arrive at the final product. The best-known models leading up to the final product include the Comex Submariners, Ref. 5514 and limited numbers of Ref. 5513 and the 'Patent-Pending' early Sea-Dwellers, Ref. 1665. The present example is a fascinating and little-known prototype model that marked the transition between designs, a watch made in small numbers only available to professional divers for field testing.

Prior to the availability of Ref. 1665 to the general public, the aforementioned test models had a thinner case profile, and did not feature the gas escape valve. In their experimental usage, many did not survive the pressures of deep-sea diving. Indeed, the bezel on the current example was lost on a salvage dive at a depth exceeding 200 meters.

These prototype watches featured dials markedly different from the standard 1665 dial, referred to today as the Mark 00, or 'Single Red' Sea-Dweller dial. The first line, 'Sea-Dweller' is printed in red, and the next line 'Submariner 500 M- 1650 FT' is printed in white. Later examples would read 'Submariner 2000', and both lines would be red, hence the phrase 'Double Red' Sea-Dweller. In the line below the Rolex logo, the word 'Date' is printed in a larger font than the preceding words 'Oyster Perpetual'. It is thought that of the few such dials created, many were replaced during service with Rolex, making the present lot all the more remarkable, as it was serviced by Rolex in 1993.

The present model, then, stands apart from even the most often aspired-to 'dream' watch of the Rolex sports model collector, the comparatively commonplace 'Double Red' Sea-Dweller. The 'Single Red' Sea-Dweller is mentioned only in scholarly texts, and the highly infrequent appearance of such watches at auction creates a frenzy among collectors.

For further reading on this topic, see Skeet, M. & Urul, N., Vintage Rolex Sports Models, pp. 48-53.