Importantes Montres de Collection

Geneva, May 15, 2011

LOT 533

Rolex, Ref. 5514, Comex No. 504 Rolex, ?Oyster Perpetual, Submariner, 660ft=200m?, case No. 5341522, Ref. 5514/5513. Made in 1977. Fine and very rare, water-resistant, center seconds, self-winding, stainless steel diver's wristwatch with first generation helium escape valve and a stainless steel Rolex Oyster fliplock bracelet. Accompanied by the original Comex dial, hands, fitted box and booklets.

CHF 15,000 - 20,000

USD 16,000 - 22,000 / EUR 11,000 - 15,000

Sold: CHF 40,000

C. Three-body, polished and brushed, screw-down case back, screw-down triplock crown with Crown Guard, graduated bi-directional revolving black bezel for the decompression times, helium escape valve, case back engraved: Rolex Comex 504. D. Black with applied white gold luminous round, triangular and baton indexes, outer minute/second divisions. Luminous steel skeleton hands. M. Cal. 1520, rhodium-plated, 26 jewels, straight-line lever escapement, monometallic balance, shock-absorber, self-compensating flat balance spring, hack mechanism. Dial, case and movement signed. Diam. 40 mm. Thickness 14 mm. Approx. overall length 185 mm.


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Grading System
Grade: AAA

Excellent
Case: 3

Good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-22-02

Very good

Later original

HANDS Service hands

Notes

The Ref. 5514 was a COMEX specific watch, which was never available to the general public. Due to the extreme conditions in which the COMEX divers operated, every six months the watches were sent back to Rolex for an overhaul. These watches were not just meticulously overhauled but in many cases were upgraded each time the watch returned to Rolex. Former COMEX divers have reported that some of the earlier Ref. 5514 watches did not have the COMEX logo on the dial and that when these watches were sent to Rolex for service, on request they were replaced by Rolex with the later gloss tritium or luminova dials, some bearing the COMEX logo.