depends on the letters
ST 165.001. stainless steel (rather rare)
BA 165.001 18k gold
JD 165.002 40 microns gold plated
may be there are some other references, I'm only mentionning what I have in my archives. There are several other refereces with some extension 165.0023
165.0022
165.0026
165.0024
165.0026
165.0010
165.0013
165.0014
Some of them are pure divers.
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