Reference
Tudor Submariner
Reference 7928 · Stainless Steel
The lowest current ask for the Tudor Submariner (ref. 7928) is $9,500 at Bulang And Sons, among 2 live listings we track. The auction record is $114,000 (Phillips Hong Kong, 2024). Updated October 2, 2026. View lowest ask →
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About this reference
The Tudor Submariner reference 7928 was produced from approximately 1959 to 1968, marking the introduction of crown guards to the brand’s diver line. Collectors value this reference for its 40mm stainless steel case, which shares the same architecture as the Rolex 5513, and its Fleurier caliber 390 automatic movement. Early examples feature "square" or "eagle wing" crown guards and "gilt" chapter ring dials, while later iterations transitioned to "pointed" and eventually rounded crown guards with matte dials. As the first Tudor Submariner to feature a chronometer-style case, it represents a significant evolution in the brand's professional tool watch history. Current secondary market prices typically range from $10,000 to over $40,000 depending on the specific dial configuration and case condition. A notable variant is the 1959 "Square Crown Guard" model, which commands a significant premium due to its extremely limited production run.
Hammer prices over time
Each dot is a documented public auction sale; click to view the lot. Dashed line marks the current asking median across live listings.
Auction track record
4 documented sales since 2020. Top hammer $114,000 at Phillips Hong Kong in 2024. Median hammer: $18,346.
Ranks #8 of 29 Tudor auction lots we track — see all Tudor records.
Live inventory matching this reference
Tudor
Tudor Submariner 7928 Pointed Crown Guard Case Gilt Chapter
Ref. 7928 · Stainless Steel
$17k
Tudor
Tudor Submariner 7928 MK7 Dial Black-Out Lume
Ref. 7928 · Stainless Steel
$10k
Tudor
*Unpolished* 1961 Tudor Submariner (Ref. 7928) Gilt Chapter
Ref. 1961 · Stainless Steel
$38k
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Tudor
Tudor Submariner Ref 7928 with Incredible Tropical Dial
Ref. 7928 · Stainless Steel
$28k
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Tudor
Tudor Submariner Chapter Ring Exclamation Dial Ref. 7928 Poi
Ref. 7928 · Stainless Steel
$20k
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Tudor
Tudor Pointed Submariner Ref 7928 with British Royal Navy Hi
Ref. 7928 · Stainless Steel
$17k
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Tudor
U.S.N. 1964 Tudor Submariner (Ref. 7928) "Tropical Dial" W/
Ref. 1964 · Stainless Steel
$16k
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Tudor
Tudor Submariner Ref 7928 Gilt Minute Track
Ref. 7928 · Stainless Steel
$15k
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Tudor
Tudor Submariner Ref 7928 Gilt Minute Track Ghost Bezel
Ref. 7928 · Stainless Steel
$15k
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Tudor
Tudor Submariner Ref 7928 Gilt Minute Track Faded Bezel
Ref. 7928 · Stainless Steel
$15k
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Tudor
Tudor Submariner Ref 7928 Gilt Minute Track
Ref. 7928 · Stainless Steel
$14k
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Tudor
Tudor Submariner 7928 Gilt Minute Track
Ref. 7928 · Stainless Steel
$14k
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Tudor
Tudor Submariner Ref 7928 Gilt Chapter Ring Original Owner
Ref. 7928 · Stainless Steel
$12k
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Tudor
*Unpolished* 1966 Tudor Submariner (Ref. 7928) Glossy Gilt D
Ref. 1966 · Stainless Steel
$9k
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Similar pieces (other Tudor Submariner references, not counted above)
Tudor
Tudor Submariner Gilt 'Red Depth Rating' Manual-Wind
Ref. 40992447 · Stainless Steel
$160k
Tudor
Tudor Submariner USN Issued 'SEAL Sub'
Ref. 40992329 · Stainless Steel
$90k
Tudor
1970 Tudor "Snowflake" Submariner (Ref. 7021/0) Blue Dial W/
Ref. 7021/0 · Stainless Steel
$8k
Tudor
*Unpolished* 1990 Tudor Submariner (Ref. 79090) Black Dial
Ref. 79090 · Stainless Steel
$7k
All documented hammer prices
For this reference (and close variants).
| Lot | Year | Hammer | Venue |
|---|---|---|---|
| 7928/0 · Submariner | 2024 | $114,000 | Phillips Hong Kong |
| 7928 · Submariner | 2024 | $28,000 | Phillips Geneva |
| 7928 · Oyster Prince Submariner | 2022 | $18,346 | Christie's Geneva |
| 7928 · Oyster Prince Submariner | 2020 | $13,000 | Christie's Hong Kong |
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