17 Aug 2017
June 19, 2017 - Filed under: Antiques News — Mark

A rare Rolex diving watch, which had been swapped for an antique table, has soared in value due to a specific type of dial.

The Rolex Oyster Perpetual Submariner diver’s watch was secured by a former school teacher in 1976, from a friend who was in the antiques trade. The secondhand item was worn by the owner on over 100 dives, which took place all over the world, including the Great Barrier Reef. During the late ‘50s and early ‘60s, the watch was produced with the 3-6-9 Explorer dial, but only in small numbers. In 1989, the value of the watch was placed at £1,200.

The dial was made by Rolex for just a few years, before being changed. As many of the dials were replaced by newer dials when they were serviced, the original 3-6-9 Explorer became rare. The watch is in very good condition, although there are some scratches on the glass, and still functions up to a depth of 660ft.

When the owner originally traded an antique table for the watch, along with some cash, he was slightly disappointed with the dial. However, when the watch was valued at £120,000 due to the dial, the owner was rather pleased. The watch has been serviced three times by the current owner, and still keeps accurate time.

Rather than trade something of value when looking for an antique dining table , or other furniture, it may be easier and cheaper to visit some of the local antiques stores.

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