Very fine and extremely rare Rolex Oyster Perpetual Submarin...



£150,000 - £200,000


Very fine and extremely rare Rolex Oyster Perpetual Submariner stainless steel gentleman's wristwatch with the 3-6-9 Explorer dial and pointed crown guard case, ref. 5512/5513, circa 1962, serial no. 765xxx, gloss black 'Swiss' dial with small minute markers, hour baton markers, quarter 3-6-9 Arabic numerals, gilt and silvered dial text printing 'Rolex Oyster Perpetual 200m=660ft Submariner', Mercedes hands with sweep centre seconds, Oyster case with revolving black calibrated bezel insert, pointed crown guards with screw-down crown, calibre 1530 26 jewel movement, no. 28xxx, the inside case back stamped '5512' and dated '1.62' with service inscription date '1989', Rolex Oyster USA rivetted bracelet, stamped '77', case, dial and movement signed, bezel diameter 40mm

** From a private collector who has owned the watch for approximately the past 25 years
** with a period Rolex box
** Gardiner Houlgate has sold two similar variations of the this dial in 2016 and 2020 selling for £160,000 and £175,000 hammer price respectively

More Information

Movement - currently functioning.
Dial - The dial of a very nice gloss patina consistent to the period, the dial has been photographed out of the case and all imperfection can be viewed - there is a faint scratch/hairline running from the X across to the middle of the 2-3 position, small mark just below the 12 triangle marker, exclamation mark to the 'Swiss' at the 6 position has mild wear.
Glass - good.
Hands - nice patina with marks to the lume inserts - see images.
Case - double reference transition case marked 5513 between the case lugs, the inside case back '5512', typical marks as expected for the period with some rubbing to the lugs , the bezel possibly a service insert rotates freely - see all images for guidance.
Crown - triplock crown adjusting correctly.
Bracelet - USA Oyster bracelet stamped '77', generally clean condition, wrist size 7.5" approx .
Condition reports are provided for general guidance only. Please view images and further information can be obtained upon request. Gardiner Houlgate do not guarantee the working order or time accuracy of any lots. Due to the opening of the wristwatch case backs, it is recommended watches are re-sealed by professional technicians to ensure any stated water resistance is retained

Auction Date: 20th Oct 2021 at 10am

Fees apply to the hammer price:

Room and Absentee Bids:
26.40% inc VAT*

Online and Autobids:
26.4% inc VAT*

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