Swordfish 40mm

The Zelos Swordfish 40mm is a standout in the microbrand dive watch scene, offering a blend of thoughtful design and accessible pricing that’s drawn attention since its debut. Named after the swift and agile swordfish, this model refines Zelos’s original Swordfish concept into a more wearable 40mm case, appealing to those who prefer a compact diver without sacrificing presence or capability. The Swordfish 40mm is especially notable for its variety of dial options—including meteorite, textured, and gradient finishes—which have become collectible in their own right.

Reference numbers for the Swordfish 40mm vary by dial and material; stainless steel versions are the most common, while titanium and limited-run dial variants often command higher prices on the secondary market. Most models use the reliable Seiko NH35 automatic movement—valued for its ease of service and durability—while some limited editions may feature upgraded movements. Water resistance is a practical 200 meters, making this a legitimate dive watch, not just a desk diver.

When considering a Swordfish 40mm, dial material and production number drive value: meteorite and mother-of-pearl dials, as well as early limited editions, tend to sell out quickly and appreciate faster. Condition matters, but as Zelos watches are relatively new, most examples remain in excellent shape. Check for full kit (box, warranty card, extra straps) as this can add value, especially for discontinued variants. If you want a particular dial or finish, act quickly—Zelos’s small-batch releases don’t linger long on the market.