Available$69039mm

Malm Watches
Frogdiver II 39 Swiss Automatic
Pre-orders are open. Reserve yours before the official release.
A Dive watch, in a round stainless steel case, 39mm, with a blue sunburst / gradient dial, broad arrow hands and dot indices, powered by the Miyota 9039.
It is currently open for preorder, ahead of its official release. Its price sits close to the median for comparable watches in its segment, neither a premium nor a bargain within that group. The 180 comparable dive watches tracked in this size and price class range from $500 to $749.
Diameter
39mm
Lug to lug
46mm
Between lugs
20mm
Thickness
10.6mm
Movement Type
automatic
Movement Name
Miyota 9039
Water resistance
25 bar
Crystal Type
sapphire
Crystal Description
Boxed sapphire with AR coating
Its scarcity score of 0/100 puts it in roughly the bottom 10% of tracked dive watches in this class. The scarcity score here has moved down around 73 points across the past 301 days. It peaked near a score of 84 in January 2026. That tracks closely with what's typical for Héron Watch Co.'s catalog.
Across Héron Watch Co.'s tracked catalog, about 41% of models are in stock at any given time.
Worth tracking
Limited data
Currently available with no strong urgency signal either way.
Last confirmed:
2 availability changes recorded. Available once, for 73 days, on 9/4/25. Longest sold-out stretch: 66 days. Last restocked on 1/22/26.
Tracked since 8/2/25 (411 days).
Pre-Order1/22/26
8 months straight
March 2026
Today
2 older transitions back to 8/2/25 are available with Collector. Unlock full history
Currently priced at $640.00, with 3 price changes recorded over the tracked period. The lowest recorded price was $620.00 on 9/21/25; the highest was $649.06 on 8/12/26. That's up from the $620.00 it was first tracked at.
$640.00 USD9/13/26
$620.00
Mid-range for the tracked period
$649.06
$649.068/12/26
2 older price changes back to 9/21/25 are available with Collector. Unlock full history
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