Auctions

Two Rolexes With Ties to Titanic Head to Auction

AuctionsNov 06, 2024

Two Rolexes With Ties to Titanic Head to Auction

The Rolex watches are from the collection of “Titanic” co-producer Alfred “Al” Giddings and will go up for sale at Sotheby’s next month.

Alfred ‘Al’ Giddings Rolex Submariner watches Titanic
Underwater cinematographer Al Giddings (left) routinely wore his Rolex “Red” Submariner (right) during his adventures, including dives to the Titanic wreckage site. It will be offered alongside Giddings’ gold Rolex Submariner at Sotheby’s December watch auction.
New York—Two Rolex watches that have been worn across the globe, from the North Pole to the underwater wreckage site of the Royal Mail Steamer (R.M.S.) Titanic, will make their auction debut at Sotheby’s next month.

Both pieces come from the collection of Emmy Award-winning underwater cinematographer Alfred “Al” Giddings, known for his role as co-producer and director of underwater photography for James Cameron’s 1997 Oscar-winning film “Titanic."

The Rolexes on offer include a steel 1680 Submariner that Giddings worn on several of his dives to the site of the Titanic wreckage, and a gold 1680 Submariner that he lent to actor Bill Paxton for his character Brock Lovett to wear in the blockbuster film.

Giddings, trained to dive in 1959, was the first to dive with mixed gases to the site of the Andrea Doria in 1969, as well as the first to discover, dive, and penetrate the Japanese I-169 submarine in Truk Lagoon in 1973, according to Sotheby’s. 

Since Robert Ballard’s 1985 discovery of the R.M.S. Titanic, Giddings has completed 17 dives to the site, which has only been seen by fewer than 250 people in the world, said Sotheby’s.

For more than a dozen of those dives, Giddings wore his Rolex Ref. 1680 Submariner, which is estimated to sell at auction for $20,000 to $40,000.

Al Giddings Rolex Ref. 1680 Submariner
The Rolex Ref. 1680 “Red” Submariner owned and worn by Al Giddings, circa 1976


Giddings’ model was a “Red Sub,” a version featuring red Submariner text on the dial that was only produced for the first part of the Ref. 1680’s production run, according to watch marketplace Bob’s Watches.

Giddings said of the Rolex, “The appropriate diving watch was the thing to have, and this watch performed flawlessly, emphasis [on] flawlessly, for all those years, both underwater in different pressure environments and different submersibles: on Titanic, on the Andrea Doria, shipwrecks of Truk Lagoon, Bikini Atoll, the North Pole, Antarctica. 

“There really was no competition; it was simply the best.” 

Giddings Rolex Submariner
Al Giddings standing on top of the Alvin submersible, which went to wreckage of Titanic in 1986, wearing his Rolex “Red” Submariner


Sotheby’s said it isn’t often the auction house comes across a Rolex Submariner with such “distinguished dive and exploration history.” 

In some ways, the watch is the “ultimate evolution” of what the Rolex Oyster is supposed to be—a waterproof wristwatch—but in other ways, it was the beginning of a legend that would go on to define the “dive watch genre,” becoming an icon on the seas and in Hollywood. 

 Related stories will be right here … 

Giddings began developing innovative cameras, lighting, optical systems, and other gear from a young age.

He later worked with National Geographic and the BBC, as well as on documentaries and major motion pictures like the James Bond films “For Your Eyes Only” with Roger Moore and “Never Say Never Again” with Sean Connery, and another Cameron film, 1989’s “The Abyss.”

In 1992, Giddings and a Soviet-American team of scientists, technicians, and dive experts put together detailed footage of the Titanic wreckage for the documentary “Titanic: Treasure of the Deep,” a film that, while being screened for the Academy in Hollywood, inspired Cameron to collaborate with Giddings again in making “Titanic.”

Another of Giddings’ projects was documenting the research of Dr. Sylvia Earle, a highly regarded marine biologist, oceanographer, and explorer he worked closely with for several years. 

Giddings’ ability to capture the underwater world was integral in bringing her work and research to life, Sotheby’s said.

Rolex, continuing its involvement in deep-sea exploration, sought photos of Earle for a campaign.

At the time, the watchmaker had an employee named T. Walker Lloyd who was a former Marine and prominent diver. He also happened to be friends with Giddings.

Giddings sent his photos of Earle to Rolex as a favor to his friend, and Lloyd thanked him with a watch.

Al Giddings Rolex Ref. 1680 Nipple Dial Submariner
The circa 1984 yellow gold Rolex Ref. 1680/8 “Nipple Dial” Submariner owned by Al Giddings and worn on screen by Bill Paxton in “Titanic”


“About a month went by, and a box came in the mail that just said, ‘Enjoy, T. Walker Lloyd.’ And it was this gold Rolex. I was in shock,” Giddings said.  

“I think at the time they were $10,000.” 

The timepiece, a yellow gold Rolex Ref. 1680/8 “Nipple Dial” Submariner, is estimated to sell at auction for $30,000 to $60,000. 

Giddings wore this watch sparingly but did use it on dives to important locations, and it was the watch Paxton wore in “Titanic,” Sotheby’s said. 

Giddings also had a cameo in the movie as one of the Mir submersible operators speaking with Paxton.  

“I finished my part of the movie and went back to Montana,” Giddings said.  

“Eight or 10 months later, I started scratching my head, ‘Whatever happened to my gold Rolex?’ and got ahold of Jim’s office. And a week or two later, it came in the mail with a thank-you note, from Fox.” 


“Al Giddings has lived an extraordinary life, brimming with experiences that only the most intrepid adventurers could dream of. For 50 years, these watches have journeyed with him across the globe, from the icy realms of the North Pole to the profound depths of the ocean. 

“No other timepieces boast such extensive underwater exposure, particularly the steel model, which has accumulated tens, if not hundreds of thousands of hours, beneath the waves. If there exists a maritime counterpart to a watch that has journeyed to the moon, these are it,” Sotheby’s Global Head of Watches Geoff Hess said.

The watches will make their auction debut at Sotheby’s Important Watches sale on Dec. 6 in New York. 

They will be on be public view at Sotheby’s York Avenue galleries on Dec. 5. 
Lauren McLemoreis the associate editor, gemstones at National Jeweler, covering sourcing, pricing and other developments.

The Latest

Margaret “Maggie” Hoisik
IndependentsNov 25, 2025
Pearl Stringer Margaret Hoisik Dies

She is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.

Finestar manufacturing
SourcingNov 25, 2025
Finestar Opens Diamond Manufacturing Facility in Johannesburg

It joins the company’s other manufacturing facilities globally, including in India, Botswana, and Namibia.

State Property Toadstool Pendant
TrendsNov 25, 2025
Amanda’s Style File: Polka Dots

The polka dot pattern transcends time and has re-emerged as a trend in jewelry through round-shaped gemstones.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Stock image of gavel and books
CrimeNov 25, 2025
Former Arizona AG Official Charged With Trafficking Stolen Jewelry

Vanessa Hickman, 49, allegedly sold a diamond bracelet that was mistakenly sent to her home.

Weekly QuizNov 20, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
GIA executives John Koivula, Kathryn Kimmel, Susan Jacques, Tom Moses, Alice Keller, James E. Shigley
Events & AwardsNov 25, 2025
GIA Awards Susan Jacques With Its Highest Honor

GIA’s former president and CEO was presented with the Richard T. Liddicoat Award for Distinguished Achievement.

20251124_MNQ social media etiquette header.jpg
Recorded WebinarsNov 24, 2025
Watch: Top Tips for Social Media Etiquette

Social media experts spoke about protecting brand reputation through behaving mindfully online.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Breitling house of brands
WatchesNov 24, 2025
Breitling Reveals Plans for Gallet, Universal Genève

In 2026, the three will come together as “House of Brands,” with Gallet sold in Breitling stores and Universal Genève sold separately.

Cynthia Erivo in Muse’s Have a Heart x Cynthia Erivo Collection
CollectionsNov 24, 2025
Muse Debuts a Wicked 'Have a Heart x Cynthia Erivo' Sequel

The second drop, which includes more Elphaba-inspired pieces from additional designers, will continue to benefit nonprofit Dreams of Hope.

J.R. Dunn Jewelers employees
IndependentsNov 24, 2025
J.R. Dunn Jewelers Names New President

Second-generation jeweler Sean Dunn has taken on the role.

Amber Pepper
MajorsNov 21, 2025
Natural Diamond Council Names New CEO

Amber Pepper’s main focus will be on digital innovation and engaging younger consumers.

Origin De Beers Group logo
SourcingNov 21, 2025
De Beers’ Branded, Traceable Diamonds Roll Out to 19 Retailers

Called “Origin by De Beers Group,” the loose, polished diamonds are being sold in a total of 30 stores in the United States and Canada.

Melissa Kaye Rocky Infinity Emerald Necklace
CollectionsNov 21, 2025
Piece of the Week: Melissa Kaye’s ‘Rocky Infinity’ Necklace

The lariat necklace features a 4.88-carat oval-cut Zambian emerald in 18-karat yellow gold.

Rebecca Rau Jewels Green Flame Necklace
CollectionsNov 20, 2025
Rebecca Rau Jewels Debuts With ‘Then & Now’ Collection

Rau is a fourth-generation art and antique dealer from M.S. Rau gallery whose first jewelry collection merges artifacts with modern design.

Purvi Shah
Policies & IssuesNov 20, 2025
RJC Names New Executive Director

Former De Beers sustainability leader Purvi Shah will take over the role in February 2026.

La Joux-Perret manufacturing facility in La Chaux-de-Fonds, Switzerland
WatchesNov 20, 2025
LVMH Takes Minority Stake in Citizen Group-Owned Movement Maker

La Joux-Perret is based in La Chaux-de-Fonds, Switzerland, and makes solar quartz as well as mechanical watch movements.

Julia Griffith
GradingNov 20, 2025
Julia Griffith Joins SSEF as Head of Education

She previously taught at Gem-A and is the founder of The Gem Academy.

Helena Bonham Carter in Larkspur & Hawk Once Upon a Time Campaign
CollectionsNov 19, 2025
Larkspur & Hawk Celebrates 25 Years With Helena Bonham Carter Campaign

The British actress and her daughter modeled pieces from the brand’s new “Palette” capsule for its “Once Upon a Time” holiday campaign.

Google reviews on a phone screen and a laptop
TechnologyNov 19, 2025
Google Has a New Form for Reporting ‘Review Bombing’ Attacks

Plus, the tech giant shares the steps retailers should take if they believe they’re a victim of a review extortion scam.

Shaftel Diamonds logo and jeweler’s bench
IndependentsNov 19, 2025
Houston Jeweler Keith Shaftel Retires, Next Generation Steps In

Danny and Gaby Shaftel are now Shaftel Diamonds’ CEO and chief operating officer, respectively.

Midas chain mini studs
TrendsNov 19, 2025
Midas Chain Releases 2025 Holiday Style Guide

The jewelry manufacturer’s seasonal offering features its new “Melodie” bangles, as well as mini stud earrings and layering pieces.

Jewelry from NYC Jewelry Week 2024
Events & AwardsNov 18, 2025
NYC Jewelry Week 2025: 12 Must-See Events

With more than 140 activations taking place in New York City now through Nov. 23, these 12 events are can’t-miss moments.

Lugano Diamonds Greenwich Connecticut store
MajorsNov 18, 2025
Lugano Diamonds Files for Bankruptcy, Looking for Buyer

The Chapter 11 filing follows the resignation of CEO Moti Ferder, who stepped down after an investigation into the company’s finances.

Kathleen Ryan Dreamhouse Bad Fruit sculpture
Events & AwardsNov 18, 2025
A Giant, Bejeweled Moldy Berry Is on Display in LA

The artwork is part of an exhibition featuring works by Kathleen Ryan, an artist known for her gemstone-studded rotting fruit sculptures.

Rough diamonds from the Gahcho Kué mine in Canada
SourcingNov 18, 2025
Another Diamond Company CEO Steps Down

Mark Wall, president and CEO of Canadian mining company Mountain Province Diamonds, will vacate his position next month.

Suspects in murder of father and son jewelers in Chicago
CrimeNov 17, 2025
Police Searching for 2 Suspects in Murder of Father, Son Jewelers

Faustino Alamo Dominguez and his son, 25-year-old Luis Angel Alamo, were gunned down following an armed robbery at their jewelry store.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy