Welcome to Deep Dive, in which we test dive watches both new and vintage beneath the waves in some of the world’s most beautiful locations. This time, we’re in Grand Cayman in the Caribbean with three vintage Rolex Submariners.
Behold the overpowered and unruly 1977 Porsche 911 Targa SC, now garaged, gathering dust along with market value. Behold the 1957 Fender Stratocaster that once rang like a bell, now condemned to silence under a halogen spotlight in a humidity-controlled man-cave. Behold the perfectly faded 1971 Rolex Submariner Ref. 1680 with its iconic red text, now motionless in a pitch-black safe. Alarms, combination locks, insurance riders, and — more than anything — fear, reduce these masterpieces of human ingenuity to mere investments.
When monetary value skyrockets, we can lose sight of the other values that an object might afford us. There’s aesthetic value, so easily diminished to frivolity when cast in the shadow of profitability. But how sad is the silent Strat? There’s experiential value, that ineffable high of using an exceptional tool, insufferably cut short in the name of preservation. How sad a Porsche whose rear end will never drift again? And then there’s inspirational value, the sway of objects whose purposefulness is a call to action. How sad a Rolex dive watch that will never inspire another underwater adventure?

Aesthetic, experiential, and inspirational value are subjective experiences — joys, if you will — and, as such, those values are impossible to quantify. Yet for some folks the joy of actually using expensive vintage things is the only justification for their high price tags. These folks will happily wear down the frets on that Strat. They’ll grin as they drift the rear end of that vintage Porsche. And they’ll experience something akin to time-travel as they submerge that perfectly faded Rolex Sub.
Aesthetic, experiential, and inspirational value are subjective — joys, if you will — and, as such, those values are impossible to quantify.
Joy is exactly what three vintage Rolex Submariners exuded to everyone who got to see them at work under the surface at the East End of Grand Cayman in the Caribbean. The risk of submerging these three watches was that they might leak. Saltwater would destroy their perfectly faded dials and totally screw up their movements, thus diminishing their monetary value many-fold. But the risk of a leak only amplified the joy of diving with these watches. And diving with them, in turn, amplified how perfectly capable they still are after so many decades — provided, of course, that their seals are properly maintained and pressure tested.