FLOAT

Rolex Sea-Dweller 'Double Red' DRSD Ref. 1665

Maker
Rolex
Year
1967-1977
Rank
12 of 100

Rolex Sea-Dweller 'Double Red' DRSD Ref. 1665

Rolex Sea-Dweller 'Double Red' DRSD Ref. 1665 by Rolex (1967-1977) is ranked 12 in the FLOAT 100 for Watches. It carried a market asking price of $35,000 in June 2026, which is not a sale. The original saturation-diver Sea-Dweller with the iconic double-red text — a cornerstone professional vintage Rolex.

What is it, and why is it in the FLOAT 100?

The original saturation-diver Sea-Dweller with the iconic double-red text — a cornerstone professional vintage Rolex.

Ref. 1665 'DRSD', two lines of red text, gas-escape valve, 610m

What is the best-sourced number for it?

Figure
$35,000
Kind
Market asking price, not a sale
Date
June 2026

DRSD 1665 trades ~$18.5K (MkII) to ~$50K (rare MkI/patinated); midpoint used. COMEX/MkI 'Patent Pending' examples run $100K+ and are excluded.

This is not a sale. It is what the market was asking, and no transaction is recorded behind it. Source.

How this is made

The figure
One reference price, taken from a named public source and shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
Why no grade ladder
Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
Archive
2026-08-08