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

Deutsch & Deutsch jewelers team
MajorsJan 23, 2026
Watches of Switzerland Acquires 4-Store Jewelry Chain in Texas

Family-owned jewelry and watch retailer Deutsch & Deutsch has stores in El Paso, Laredo, McAllen, and Victoria.

Baume & Mercier Riviera 10812 pink watch
WatchesJan 23, 2026
Damiani Group to Acquire Baume & Mercier

The Italian luxury company purchased the nearly 200-year-old Swiss watch brand from Richemont.

Martin Katz snowflake earrings
TrendsJan 23, 2026
Martin Katz’s Earrings Call to Mind Wintry Weather

Micro-set with hundreds of diamonds, these snowflake earrings recreate “winter’s most elegant silhouette,” and are our Piece of the Week.

JamAlert 1872x1052.png
Brought to you by
How Jewelers Can Fight Back Against Cell Jammers

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Ella Blum
MajorsJan 23, 2026
Rembrandt Charms Names New Director of Creative, Brand Strategy

Ella Blum was appointed to the newly created role.

Weekly QuizJan 22, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
National-Jeweler_1872x1502_B copy.png
Supplier BulletinJan 22, 2026
The Rise of Centralized Sourcing in the Colored Gemstone Market

Sponsored by RapNet

Lugano Diamonds Greenwich Connecticut store
MajorsJan 22, 2026
Lugano Diamonds Finds a Buyer

Investment firm Enhanced Retail Funding, a division of Gordon Brothers, was the successful bidder.

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.

A Diamond Is Forever book
SourcingJan 22, 2026
De Beers To Release ‘A Diamond Is Forever’ Book

It explores the history of the iconic tagline and the company’s strategy to redefine the role of diamonds in society.

Sindhu Culas
MajorsJan 22, 2026
Swarovski Appoints New North America President

Retail veteran Sindhu Culas has stepped into the role.

Taylor Burgess
MajorsJan 22, 2026
Stuller Names New Chief Merchandising, Marketing, Sales Officer

Taylor Burgess, who has been at Stuller since 2013, was promoted to the newly created role.

My Next Question podcast with Sherry Smith and Edahn Golan
PodcastsJan 21, 2026
Episode 1: High Gold Prices, the Diamond Dilemma, & What’s Next

Was 2025 a good year for jewelers? Did lab-grown diamonds outsell natural? Find out on the first episode of the “My Next Question” podcast.

Jules Kim of Bijules, Sophie Howard of By Pariah, Jade Ruzzo, Joy Haugaard of Lionheart, Vanessa Fernández of Vanessa Fernández Studio, Hiba Husayni of Zahn-Z
EditorsJan 21, 2026
6 Jewelry Designers Poised to Have a Breakout Year in 2026

Whether you recognize their jewels or are just discovering them now, these designers’ talent and vision make them ones to watch this year.

Columbia Gem House celestial shapes
SourcingJan 21, 2026
Tucson Preview 2026: Earthy Tones and Innovative Shapes

Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.

Gavel and books stock image
CrimeJan 21, 2026
4 Men Charged in $1.7M California Smash-and-Grab Jewelry Store Robbery

Plus, JSA’s Scott Guginsky discusses the need for jewelers to take more precautions as the gold price continues to climb.

Felice Korr Morris
IndependentsJan 21, 2026
Delaware Jeweler Felice Morris Dies at 91

Morris’ most cherished role was being a mother and grandmother, her family said.

Bulgari Vimini Collection Campaign
CollectionsJan 21, 2026
Bulgari Weaves New Collection of ‘Vimini’ Creations

“Vimini” is the first chapter of the “Bulgari Eternal” collection that merges archival pieces with modern creations.

The Ritz-Carlton Half Moon Bay California
Events & AwardsJan 21, 2026
Jewelers Mutual’s ‘Conversations’ Retreat Returns to Discuss AI

The third edition will be held in Half Moon Bay, California, in April.

Hiba Husayni, Jules Kim, Johnny Nelson, Dorian Webb, Lorraine West
Events & AwardsJan 20, 2026
These Are the 5 Finalists for the David Yurman Gem Awards Grant

The grant is in its first year and was created to recognize an exceptional fine jewelry designer whose star is on the rise.

Emmanuel Raheb, National Jeweler columnist and CEO of Smart Age Solutions
ColumnistsJan 20, 2026
First-Party Data Is the Most Valuable Asset Jewelers Have in 2026

Data built on trust, not tracking, will be key to success going forward, as the era of “borrowed attention” ends, Emmanuel Raheb writes.

Heath Yarges
MajorsJan 20, 2026
Borsheims Hires New Assistant Facilities Manager

Heath Yarges brings two decades of experience to the role.

Peter Yantzer at a diamond cutting machine
EditorsJan 16, 2026
Remembering Pete Yantzer for His Contributions and His Kindness

Pete’s boundless curiosity extended beyond diamond cut and he was always eager to share his knowledge with others, no matter the topic.

Buccellati Opera Tulle ring
FinancialsJan 16, 2026
Richemont’s Jewelry Brands Shine in Q3

Cartier, Van Cleef & Arpels, Buccellati, and Vhernier had another successful holiday season, Richemont reported this week.

Lagos SML High Jewelry Bee Brooch
TrendsJan 16, 2026
Diane Lane's Brooch Buzzes at the 2026 Golden Globes

Our Piece of the Week is Lagos’ “Bee” brooch that was seen on the red carpet for the first time on Sunday.

Gavel
CrimeJan 15, 2026
D.C. Rapper ‘Taliban Glizzy’ Sentenced to 18+ Years for Jewelry Store Robberies

Trevor Jonathan Wright led a crew in a string of armed robberies targeting South Asian-owned jewelry stores on the East Coast.

Jewelers of America 20 Under 40 Program
Events & AwardsJan 15, 2026
Jewelers of Americas’ ‘20 Under 40’ Nominations Now Open

The program recognizes rising professionals in the jewelry industry.

The Venetian Expo Las Vegas
Events & AwardsJan 15, 2026
Registration for JCK Las Vegas 2026 Is Now Open

A new lifestyle section and a watch showcase have been added to this year’s event.

×

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