Rolex - The Watch Auction: One Geneva Saturday, May 9, 2015 | Phillips

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  • Manufacturer: Rolex
    Year: 1958
    Reference No: 5508
    Case No: 489'985
    Model Name: Submariner
    Material: Stainless steel
    Calibre: Automatic, 1530
    Bracelet/Strap: Stainless steel Rolex Oyster, reference 7206, end links stamped 58
    Clasp/Buckle: Folding deployant clasp, stamped 4. 67
    Dimensions: 38mm. Diameter
    Signed: Case, dial and movement signed, inside case back stamped III. 1958
    Literature: A similar example of this reference 5508 is illsutrated in 100 Superlative Rolex Watches, by John Goldberger, page 186

  • Catalogue Essay

    The reference 5508 with so-called “small crown” was the final Rolex model to be made without crown guards, found on every other Submariner produced afterwards, beginning with the reference 5512. The reference is also noteworthy for being the last version of the Submariner to have a depth rating of 100 feet.The present example is fitted with its original and stunning glossy dial, with a combination of gilt printing for the coronet, Rolex, Oyster Perpetual, and Submariner text, and a silver printed depth rating. The dial’s luminous markers match the luminous material found inside the early style hands.

  • Artist Biography

    Rolex

    Swiss • 1905

    Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.

    One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.

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Ref. 5508
A fine and rare stainless steel wristwatch with centre seconds and bracelet

1958
38mm. Diameter
Case, dial and movement signed, inside case back stamped III. 1958

Estimate
CHF15,000 - 25,000 

Sold for CHF25,000

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

The Watch Auction: One

Geneva Auction 10 May 2015 6:30pm