Single-Red, Single-Owner, Missing Bezel ?!?!…
Today was Sotheby’s “Important Watch and Clocks” sale in New York. Although a bit light on high-dollar pedigree, it was a strong auction for the lots that did go up, save for a few (see ‘Other lots of note’ below). Of the 258 lots offered, about 95% went above the estimated range — some significantly so.
The top lots, both at $461,000, were a Patek Ref 5013P minute repeater perpetual calendar and a diamond-set white gold Chopard L.U.C tourbillon (pre-sale est. $100-$150,000), but perhaps more headline-worthy was a 1967 Rolex Ref 1665 “Single-Red” Sea-Dweller which sold for a whopping $383,000. The pre-sale estimate on this piece was a mere $60,000-$80,000, but it seems that collector’s could not resist the provenance of this piece. And who could blame them — this Single-Red Sea-Dweller was also “Single-Owner” (since 1967), the property of a an accomplished American Navy diver. The “original owner” status along with the relative rarity of the Single-Red Sea-Dweller in all its ‘character’ made this piece highly coveted — a superb collector’s catch in today’s world of high-dollar collecting. Never mind that the bezel is missing, bid it up!
40mm steel case, Rolex Cal. 1575, Sea-Dweller printed in red, Submariner 500 M-1650 FT printed in white, screw-down crown with pointed protective shoulders, non-orig Oyster bracelet
It is thought that of the few such “Single-Red” 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.
Other Lots of Note (pre-sale estimate range):
And two lots which went at/below the estimate: