The Rolex Submariner 5512. The name alone conjures images of daring underwater exploration, rugged durability, and timeless elegance. Unlike its flashier, more modern counterparts, the 5512 boasts a subtle charm, a quiet confidence that speaks volumes to those in the know. This understated elegance, combined with its relatively limited production run and its enduring appeal, has propelled the Rolex 5512 to become a highly sought-after collectible, commanding significant prices in the vintage watch market. Understanding the value of a 5512, however, requires a deep dive into its history, variations, and the factors that influence its price.
Before we delve into the specifics of price, it's crucial to dispel a common misconception. While the vintage Explorer II ref. 1655 is often nicknamed the "Steve McQueen" watch, it's not the model the actor actually wore. This misconception highlights the power of association and the enduring mythos surrounding certain Rolex models, a factor that undoubtedly contributes to their value. The true Rolex worn by McQueen remains a subject of debate among collectors, further emphasizing the mystique surrounding these iconic timepieces. The 5512, however, holds its own significant place in history and continues to capture the imagination of watch enthusiasts worldwide.
Factors Influencing Rolex 5512 Value:
The price of a Rolex 5512 is not a fixed number. Several key factors contribute to its value, making each example unique and potentially worth a different amount. These factors include:
* Dial Variations: The dial is arguably the most significant factor affecting a 5512's value. Different dial variations exist, each with its own desirability and price point. For instance, the highly sought-after Rolex gilt dial Submariner 5512 commands premium prices due to its rarity and the attractive aged gold tone. The patina of the gilt dial, the result of natural aging, is a crucial element of its desirability. Other dial variations include matte dials, which are also highly collectible, and variations in the font and printing style of the dial text. The condition of the dial, including any blemishes, discoloration, or lume degradation, significantly impacts its value.
* Case Condition: The condition of the case is another critical factor. Scratches, dents, and corrosion can significantly reduce the value of a 5512. The presence of original crown guards and the sharpness of the case lines are also closely examined. A well-preserved case, showing minimal wear, will command a much higher price than one showing significant signs of age and use.
* Movement Condition: The 5512 housed the Rolex caliber 1520, a robust and reliable movement. The condition of the movement is crucial. A serviced movement with a recent service history will command a higher price than one requiring service or exhibiting signs of wear. The accuracy and overall functionality of the movement are also important considerations.
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