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

Hearts On Fire What’s Your Signature Campaign Imagery
CollectionsApr 08, 2026
Hearts On Fire Celebrates 30 Years By Asking a Question

The “What’s Your Signature?” campaign invites women to think about how they see themselves.

41.82-carat Type IIb blue diamond recovered from Cullinan in January 2026
SourcingApr 08, 2026
Sale of 42-Carat Blue Diamond Gives Petra a Boost in Q3

The big diamond’s sale added to the company’s revenue though the market remains “challenging” overall, particularly for smaller goods.

American Gem Society Confluence Logo
Events & AwardsApr 08, 2026
AGS Confluence Returns with AI, Sustainability Sessions

Rob Bates of The Jewelry Wire will also moderate a panel on the state of the jewelry industry during the virtual event.

GIA iD100®
Brought to you by
Protect Your Customers and Your Business

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Dennis Buzz Busby and Randy Welch
Events & AwardsApr 08, 2026
TJS to Honor 2 Longtime Former Stuller Employees

The Jewelry Symposium will honor two industry veterans with lifetime achievement awards at its upcoming May event.

Weekly QuizApr 02, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Isabel Delgado A necklace
TrendsApr 08, 2026
Amanda’s Style File: April’s Brilliant Birthstone

With their durability, brilliance, and beauty, diamonds are the perfect stone for everyday birthstone jewelry.

QVC Group logo
MajorsApr 07, 2026
QVC Group’s Latest Filing Calls Its Future Into Question

The retailer failed to file its annual report on time and said it may issue a going concern warning.

TopImageCrop.jpg
Brought to you by
Is This You? Every Jeweler Has This Problem; We Have the Solution.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

Headshot of National Jeweler columnist Peter Smith
ColumnistsApr 07, 2026
Peter Smith: A Tip to the Post Office on Workplace Culture

Smith recounts a recent trip to the post office that included an uncomfortable, embarrassing, and public exchange between two employees.

Retiring GIA CFO David Tearle and new GIA CFO John Cowley
GradingApr 07, 2026
GIA CFO David Tearle to Retire in June

John Cowley, who has more than 30 years of experience, is succeeding Tearle as the lab’s chief financial officer.

Gemology Geek Ignite collection tourmaline ring
CollectionsApr 07, 2026
Nerd Out Over Gemology Geek’s First Jewelry Collection

Founder Erica Silverglide has designed 35 colorful pieces set with fluorescing gemstones for the brand's first finished jewelry offering.

Ukrainian Jewelry | Contemporary Jewelry and Art Jewelry from Ukraine
CollectionsApr 07, 2026
Ukrainian Jewelers Highlighted In New Book

“Ukrainian Jewelry | Contemporary Jewelry and Art Jewelry from Ukraine” features 33 contemporary Ukrainian designers and studios.

Fope Golden Now Campaign Imagery
CollectionsApr 06, 2026
Fope’s New Jewelry Debuts Are Golden

“The Golden Now” campaign celebrates the here and now with the brand’s signature styles and a selection of its new pieces.

Former Signet executive Kecia Caffie
MajorsApr 06, 2026
Kecia Caffie, Corinne Bentzen No Longer With Signet Jewelers

Signet confirmed that Caffie, president of Zales and Banter, and Bentzen, who headed Blue Nile, have left the company.

Author Tanzy Ward and her book Precious Black Jewels The Bijou Material Culture of Black Victorians & Edwardians
CollectionsApr 06, 2026
Historian Tanzy Ward Pens Book on Black Victorians’ Jewelry

The antique jewelry dealer talks about the importance of including Black Americans in jewelry history and preserving their stories.

Gemfields emeralds
SourcingApr 06, 2026
Gemfields Reports $51M Loss in 2025

Both its mines faced challenges last year, from operational issues to disruptions in the market.

Screenshot of Taylor Swift's "Elizabeth Taylor" music video
CollectionsApr 03, 2026
Taylor Swift’s ‘Elizabeth Taylor’ Video Puts Jewelry Front and Center

Iconic pieces, like the Mike Todd Diamond Tiara, appear in the superstar’s new music video for her song inspired by the actress.

Neiman Marcus store in Fort Worth, Texas
MajorsApr 03, 2026
Saks Global Says It Will Emerge From Bankruptcy This Summer

The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.

NouvelleBox logo
Events & AwardsApr 03, 2026
JCK Luxury, NouvelleBox Partner on New Designer Ballroom

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.

Buddha Mama Moon Locket
CollectionsApr 03, 2026
Buddha Mama Brings Its ‘Moon’ Locket To Dallas

The one-of-a-kind locket, our Piece of the Week, opens to reveal three hidden images to keep close to your heart.

Pandora distribution facility Canada
MajorsApr 02, 2026
Pandora Opens New Canadian Distribution Center Amid Tariff Concerns

The new facility was also designed to better serve its growing customer base in Canada.

Michelle Yeoh Mikimoto
TrendsApr 02, 2026
Michelle Yeoh Fronts New Mikimoto Campaign

The campaign is a tribute to the year 1893, when Kokichi Mikimoto created the world’s first cultured pearl.

GIA President and CEO Pritesh Patel at GIA Taiwan campus
GradingApr 02, 2026
GIA Debuts New Campus in Taiwan

It is the only GIA school to offer the GIA Graduate Gemologist program in Chinese.

DCA Second Spark Workforce Initiative Graphic
MajorsApr 02, 2026
DCA Launches ‘Second Spark’ Workforce Initiative

The initiative connects veterans and parents returning to the workforce with careers in jewelry retail.

Michael Angelo
MajorsApr 02, 2026
Hoover & Strong Names New National Sales Representative

The wholesale manufacturer and precious metals refiner has appointed Michael Angelo as its new national sales representative.

Pandora and Foundrae medallion jewelry
MajorsApr 01, 2026
Foundrae Sues Pandora for Allegedly Copying Its Medallion Designs

Foundrae also accused the jewelry giant of copying its mood board style of marketing.

Stock image of a Shell gas station
SurveysApr 01, 2026
Consumers’ Outlook Improves Again in March

The Conference Board’s Consumer Confidence Index edged up, with optimism about the present outweighing worries about the future.

×

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