This is a rare Vintage Diver Watch from Carvelle in perfect condition.

What makes it stand out is its great condition and the "Coke" bezel - names as its Black and Red like a can of Coke.  The black dial is in perfect condition with a white outer dial on the edges.  The hour and minute hands have a lovely red line through the centre that matches the sweeping hammer head second hand.  Date at 3 O'clock is crisp and clear on display.

The crown is the original crown also.  It keeps great time and runs well.   

The Caravelle Brand was introduced in 1962 by Bulova.    The same way Rolex introduced Tudor Bulova wanted something that they could pitch at a lower price point and try out new designs and styles.  Like a lot of sub brands they soon overtook the main brand by being cutting edge and went on to develop a great loyal following.  That's why a Vintage Caravelle is worth more now than a Bulova.