Important Collectors Watches, Pocket ...

Hong Kong, Jun 08, 2008

LOT 119

Ref. 5512 Two Line, Gilt Spider Dial, Pointed Crown Guard Rolex, ?Oyster Perpetual, 200m/660ft, Submariner?, case No. 818308, Ref. 5512. Made in 1962. Fine and very rare, water-resistant, center seconds, self-winding, stainless steel diver?s wristwatch.

HKD 75,000 - 100,000

USD 10,000 - 13,000 / EUR 6,000 - 8,000

Sold: HKD 84,000

C. Two-body, polished and brushed, screwed-down case back and crown, bi-directional graduated revolving black bezel for decompression times, curved lugs, Twinlock winding-crown protected by the crown guard. D. Black with luminous round, baton and triangular indexes, outer minute division. Luminous steel skeleton hands. M. Cal. 1530, rhodium-plated, oeil-de-perdrix decoration, 26 jewels, straight line lever escapement, monometallic balance, shock absorber, self-compensating Breguet balance spring, index regulator. Dial, case and movement signed. Diam. 40 mm. Thickness 14 mm


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Grading System
Grade: AA

Very good
Case: 3

Good
Movement: 3*

Good

Overhaul recommended, at buyer's expense
Dial: 3-01

Good

HANDS Original

Notes

Ref. 5512 Launched in 1959 and produced until the late 1970?s, this reference can be considered the first modern Submariner with introduction of the Crown Guard and a new type of bezel, wider than the case, to allow a better grip while wearing diving gloves.
This model may be considered one of the most desirable Submariner watches due to its pointed Crown Guard (in Italian ?cornini?), and gilt ?meters first? dial, with the rare feature of a surface craquelure caused by the instability of the dial coating - the so-called ?spider? effect.