Important Collectors Watches, Pocket ...

Geneva, Mar 29, 2009

LOT 337

Ref. 5701, Explorer-Date Rolex, ?Oyster Perpetual, Explorer-Date, Precision?, case No. 858633 Ref. 5701/1500. Made in 1963. Fine and very rare, center seconds, self-winding, water-resistant, stainless steel and 18K yellow gold wristwatch with date and a gold plated Rolex buckle.

CHF 6,000 - 8,000

USD 5,100 - 6,800 / EUR 4,000 - 5,400

Sold: CHF 6,000

C. Three-body, polished and brushed, screwed-down case back and crown, reeded bezel, crystal with cyclops lens. D. Satiné champagne with applied gold faceted baton indexes and luminous dots, outer minute/seconds division, aperture for the date. Luminous gold alpha hands. M. Cal. 1530, rhodiumplated, oeil de perdrix decoration, 26 jewels, straight-line lever escapement, monometallic balance, shock absorber, selfcompensating blued Breguet balance spring, index regulator. Dial, case and movement signed. Diam. 34 mm. Thickness 12 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

Oyster Perpetual, Explorer-Date
In the early days of the Explorer, Rolex was unsure of the model's potential. As a result the name was affixed to a number of models not immediately recognizable as Explorers. Today the name and the look are so intimately entwined it seems out of place to apply the name to watches which were so obviously not what we would call 'Explorers'. There were two distinct variations on the theme and they seem to have been aimed at two distinct markets. The first variation was the so-called 'Air-King' Explorer . The second variation on the theme are 'dress Explorers.' These were standard Oyster Perpetuals in steel or gold with white (or more rarely, black) non- Explorer dials featuring markers and hands, but signed 'Explorer' on the dials. Seen in both date and non-date forms, these watches all seem to have been sold in the North American market. The Explorer Date bears a model number 5700, previously unseen on any other Explorer (the non -date model is a model 5504, which interestingly is more often seen on Explorers with the standard dial). It seems that these watches were made in the 1950's or 1960's, when Rolex was unsure of the Explorer's success, and attempted to increase the popularity of the watch by broadening the line. When the mainstream Explorer began to sell, these 'piggyback' models were withdrawn. As a result of its limited production, these models are extremely rare and are presently sought after by collectors.