The Rolex Sea-Dweller, particularly the iconic "Double Red" 1665 models from the 1970s, holds a legendary status among watch collectors. These timepieces represent not only a pinnacle of horological engineering but also a significant piece of diving history. Understanding the price of a 1975 2000ft Sea-Dweller, however, requires a deep dive (pun intended) into several factors beyond simply the year and depth rating. While a straightforward answer to the headline question is impossible without seeing the specific watch, this article will explore the elements that dramatically influence the value of these highly sought-after collectibles.
The advertised price of $47,395 for a Double Red Sea-Dweller 1665 represents a significant investment, but it's not atypical for this particular model in good condition. This price point highlights the rarity and desirability of the watch within the broader market of *used Rolex Sea-Dweller for sale* and *pre-owned Rolex Sea-Dweller*. But why is this specific model so expensive, and how does it compare to other Sea-Dwellers and similar deep-sea diving watches?
The Double Red's Significance:
The "Double Red" moniker refers to the text on the dial. Unlike later models, the 1665 featured "Sea-Dweller" and "2000ft/660m" printed in red. This seemingly small detail is a major factor in the watch's value. Rolex discontinued this double-red configuration relatively quickly, making these watches incredibly rare. This scarcity drives up demand significantly among collectors who appreciate the historical significance and unique aesthetic.
Condition is King:
The condition of any pre-owned watch, especially a vintage piece like a 1975 Sea-Dweller, is paramount in determining its price. A watch in pristine condition, with its original bracelet and box, will command a much higher price than one showing signs of wear and tear. Factors considered include:
* Case condition: Scratches, dents, and corrosion significantly impact value. A well-preserved case is essential for a high price.
* Dial and hands: Original, un-touched dials and hands are highly prized. Re-dialed or re-lumed watches are worth considerably less. The condition of the lume (luminescent material) is also crucial; aged, discolored lume is common but affects value. The presence of any blemishes or imperfections on the dial is meticulously assessed.
* Movement: The mechanical movement's functionality is critical. A watch with a smoothly operating, accurately time-keeping movement will be more valuable than one requiring servicing or repairs. A service history from a reputable watchmaker can significantly boost the price.
* Bracelet: The original Rolex bracelet, its condition, and the presence of all links are significant factors. Aftermarket bracelets dramatically reduce the value. Stretch in the bracelet, indicative of age and wear, will also be factored into the price.
* Box and Papers: The original box and accompanying paperwork (warranty card, etc.) add substantial value. A complete set significantly increases the desirability and price of the watch.
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