Rolex. A very fine and rare stainless steel self-winding water-resistant wristwatch with sweep centre seconds and bracelet
Lot 28

Rolex. A very fine and rare stainless steel self-winding water-resistant wristwatch with sweep centre seconds and bracelet

SIGNED ROLEX, OYSTER PERPETUAL, 200M=660FT, SUBMARINER, REF. 5510, CASE NO. 361'825, MANUFACTURED IN 1958

Closed12 May 2008

Price Realised

CHF 121,000

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Rolex. A very fine and rare stainless steel self-winding water-resistant wristwatch with sweep centre seconds and bracelet
Signed Rolex, Oyster Perpetual, 200m=660ft, Submariner, ref. 5510, case no. 361'825, manufactured in 1958
Cal. 1530 nickel-finished lever movement, 25 jewels, the black gloss dial with luminous dot, baton and dagger numerals, luminous mercedes hands and luminous sweep centre seconds, in tonneau-shaped water-resistant-type case with black revolving bezel calibrated for 60 units, screw down crown, screw back stamped 1.1958, stainless steel Rolex USA flexible bracelet, case, dial and movement signed
38 mm. diam.

Specialist note

This last version of the Submariner model without the crown guard is also the last model of an historical and experimental era during which small quantities of unusual and varying diver's watches were made. In production during a short period of time only, it is assumed that reference 5510 was made in an exceedingly small series of less than 300 examples.

The present example combines all the ingredients the demanding Rolex collector could aspire to. Most noteworthy is its overall astounding original condition, highlighted by the extremely attractive black lacquer dial. In fact, this black dial must be regarded as the ultimate state of the art in dial manufacturing as revealing a rich complexity of different layers applied to the metal base. The gilt writing and outer minute calibration are not printed on the black lacquered background but underneath and shine through in negative relief. However to further enhance its sophistication, the depth rating "200m=660ft" is superimposed and printed onto the black background. Last but not least the luminous hour markers and inserts on the gilt hands have strikingly aged and taken on a beige-yellowish tone matching the gilt writing.