Important Collectors' Wristwatches, P...

New York, Mar 05, 2009

LOT 354

Ref. 5512, Gilt Four Lines, Pointed Crown Guard Rolex, Retailed by Serpico Y. Laino, Oyster Perpetual, Submariner, 200 m / 660 ft, Superlative Chronometer Officially Certified, Ref. 5512. Made in 1961. Fine, center seconds, self-winding, water-resistant, stainless steel diver s wristwatch with a stainless steel Rolex Fliplock Oyster bracelet.

USD 12,000 - 18,000

EUR 9,000 - 14,000 / CHF 14,000 - 21,000

Sold: USD 16,800

C. Three-body, polished and brushed, screwed-down case back and crown, graduated bi-directional revolving black bezel for the decompression times, Twinlock winding-crown protected by the crown guard. D. Black with luminous round, triangular and baton indexes, outer minute division. Luminous steel skeleton hands. M. Cal. 1560, rhodium-plated, 25 jewels, straight-line lever escapement, monometallic balance adjusted to five positions and temperatures, shock absorber, self-compensating free-sprung Breguet balance spring, Microstella regulating screws. Dial, case and movement signed. Diam. 40 mm. Thickness 14 mm.


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Grading System
Grade: AAA

Excellent

Case: 3-7

Good

Oxidized

Movement: 3-7*

Good

Oxidized

Overhaul recommended, at buyer's expense

Dial: 3-8-01

Good

Slightly scratched

HANDS Original