101st Auction

2019/11/16

Lot 315

Rolex "Oyster Perpetual 200m=660ft Submariner", Case No. 998146, Ref. 5513, Cal. 1520, 39 mm, circa 1964
A diver's extremely rare vintage automatic wristwatch with pointed crown guards and gilt dial - with original guarantee dated 1965
Case: steel, screw back, screwed "Triplock" winding crown, riveted steel US "Oyster" bracelet with endlinks stamped 60, clasp dated 1/73, bracelet length 140 mm, total length 180 mm. Dial: black, luminous Mercedes hands.
The first Submariner reference 5513 with pointed crown guards and "gilt dial" was delivered at the end of 1961. The writing was not printed on the dial but etched into the lacquered background, shining through in gilt letters – hence the name. The change to matte dials was made circa 1966.
The Rolex "point guards" edition is very rare. Keen to develop and test features intended to improve and perfect the Rolex diver’s watches, the company only produced a small number of models to test the engineering and rise to the challenge of improved crown guards. Today this watch is one of the most highly desired models among the collectors of fine Rolex time pieces.
Reference 5513 was introduced at the end of 1961 and produced until 1989, which means it had the longest production run of all Submariner models. This enormous success results from a number of attractive details: The watch is waterproof to a depth of 200 m, the large and sturdy crown with protection device is suitable for scuba-diving and the black bezel with the silver triangle has a minute division from 1 to fifteen minutes.
Reference 5513 set benchmarks in the world of sports watches and this timepiece is an impressive example of that. It is a worthy addition to any superior collection of rare sports watches.

estimated
30.00040.000 €
Price realized
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