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

Interior of Dick’s Sporting Goods store
SurveysAug 21, 2026
These Are 2026’s Hottest Retailers, Says NRF

The retailers at the top of the list offer affordable products and fun, discovery-fueled experiences.

Daniel Bing
WatchesAug 21, 2026
Bremont Names Former Vacheron Constantin Exec CMO

Daniel Bing was formerly the marketing director for the Americas at Vacheron Constantin.

Bijules x Kamyen Topspin Tennis Bracelet in Grass Green
CollectionsAug 21, 2026
Bijules, Kamyen Serve Up ‘Topspin’ Tennis Bracelet Ahead of US Open

In our Piece of the Week, the designers reimagine the tennis bracelet with green enamel wrapped around a strand of “Desert Diamonds.”

Cover.jpg
Brought to you by
Your Piece Could Be the One Editors Talk About

Submit your pieces for a chance to win in this year's competition.

Graphic for Episode 8 of the My Next Question podcast
PodcastsAug 20, 2026
Episode 8: Diamond Industry Update With David Bonaparte & Ronnie VanderLinden

The industry veterans join the podcast to discuss diamond marketing, the FTC Jewelry Guides, and lobbying for lower tariffs.

Weekly QuizAug 20, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Gemstone AI app screenshots
TechnologyAug 20, 2026
A New AI-Powered Gemstone Identification App Is Here

Founder Vik Westermann said the app is a “starting point” to inspire people to work with appraisers and gem labs, not replace them.

Lianna Carter, Lauren Edwards, Thomas Koslowski, Erin Perry, Heran Wang
Events & AwardsAug 20, 2026
MJSA Education Foundation Names 5 Scholarship Winners

The five students were awarded a total of $10,000 through the nonprofit’s 2026 “Future of Jewelry Making” scholarship.

1872-x-1052-July-ad (1).png
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying Events

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The Plumb Club 2026-2027 Executive Committee and Board Members
MajorsAug 20, 2026
Plumb Club Elects 2026-2027 Board

Steven Lerche is now beginning his term as the youngest member to become president of The Plumb Club’s elected executive committee.

Mike Alexander and Scott Murphy
MajorsAug 19, 2026
Mike Alexander To Succeed Scott Murphy as Jewelers Mutual CEO

Murphy will retire at the end of the year and Alexander, currently the company’s president, will take over at the start of 2027.

Spinelli Kilcollin Trade-In Bar Program Imagery
Policies & IssuesAug 19, 2026
Spinelli Kilcollin Embraces Dupes With Trade-In Program

The jeweler is encouraging customers who own lookalike rings to come into the store and trade them for credit towards an authentic piece.

Woman wearing Zales jewelry
MajorsAug 19, 2026
Zales Wants You to Wear Fine Jewelry Every Day

The new campaign, “You Are The Occasion,” discourages shoppers from saving their fine jewelry for special occasions only.

Former GJEPC Chairman and second-generation Indian diamantaire Vasant Mehta
SourcingAug 19, 2026
Vasant Mehta, a Dedicated Diamond Industry Leader, Dies at 81

Mehta led India’s GJEPC through the 2008 financial crisis and was respected worldwide for his wisdom, integrity, and knowledge.

Alfredo Colmenero-Martinez and Jarren Frazier
CrimeAug 18, 2026
2 California Men Arrested in Fatal Vehicle Smash Robbery

One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

The Retail Smiths Principal Partner and National Jeweler columnist Peter Smith
ColumnistsAug 18, 2026
Peter Smith: The IKEA Effect and Bridal Branding

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.

Police car with lights on
CrimeAug 18, 2026
Thieves Snatch $1M in Jewelry From New Jersey Jeweler

9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.

Ring Concierge x 818 Tequila Bridal Giveaway
Lab-GrownAug 18, 2026
Ring Concierge, Kendall Jenner’s Tequila Brand Collab on Giveaway

The jeweler has partnered with 818 Tequila to gift lab-grown diamond studs to a bride-to-be and their bridal party.

Louis Comfort Tiffany Poppy lampshade drawing
Events & AwardsAug 17, 2026
Exhibition on Louis Comfort Tiffany’s Studios to Open at The Met

The exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.

Spinelli Kilcollin Inara Ring
CollectionsAug 17, 2026
Marquise Diamonds Dance in Spinelli Kilcollin’s ‘Wren’ Collection

Marquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.

Ft. Lauderdale Jewelry, Antique, & Object Show logo
Events & AwardsAug 17, 2026
There’s a New Jewelry Show Coming to Florida

The inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.

Karl Getschel and Bob Yanega of Smyth Jewelers
IndependentsAug 14, 2026
Smyth Jewelers to Open Fourth Location

The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.

Stock image of a gavel
CrimeAug 14, 2026
Wife of Man Convicted in Jeweler’s Murder Sentenced for Conspiracy

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

Paul Morelli Wavey Vine Earrings
TrendsAug 14, 2026
Paul Morelli’s Latest ‘Wavey Vine’ Earrings Embrace Color

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Cover.jpg
Supplier BulletinAug 13, 2026
Your Piece Could Be the One Editors Talk About

Sponsored by American Gem Trade Association

Two Pandora Talisman pendants
FinancialsAug 13, 2026
Pandora’s ‘Talisman’ Collection Shines, Lab-Grown Diamond Sales Fall

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

Picture of 2,488 carat rough diamond next to tweezers, a golf ball, and a loupe
SourcingAug 13, 2026
2,488-Carat Diamond, Largest Found in Botswana, Has a New Owner

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

John Hardy Heishi Collection Campaign Imagery
CollectionsAug 13, 2026
John Hardy Infuses ‘Icon,’ ‘Heishi’ Collections with Color

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

×

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