A very rare and fine stainless steel wristwatch with pointed crown guards, “underline” dial and bracelet

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  • Manufacturer: Rolex
    Year: Circa 1963
    Reference No: 5513
    Case No: 988'099
    Model Name: Submariner "Underline"
    Material: Stainless steel
    Calibre: Automatic, cal. 1530, 26 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, stamped 7206, endlinks stamped 80, max length 185mm.
    Clasp/Buckle: Stainless steel Rolex deployant buckle, stamped 4.63
    Dimensions: 39mm. Diameter
    Signed: Case, dial, movement and bracelet signed

  • Catalogue Essay

    The present Submariner ticks all the boxes for collectors. The aged dial with gilt lettering is original with the white “underline” and white “Swiss” designations clear and visible. Additionally, the watch features pointed crown guards, which were only in use for approximately three years. The case back confirms production with the III.63 marking, as well as the riveted Rolex Oyster bracelet marked 4.63, confirming the originality of the watch. A rare breed amongst so many, the Submariner “Underline” is worth of any collection, and a must have for any serious collection of sports watches.

  • Maker Bio

    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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907

FROM AN ASIAN COLLECTOR

Rolex

Ref. 5513
A very rare and fine stainless steel wristwatch with pointed crown guards, “underline” dial and bracelet

勞力士,「Submariner」型號5513,精鋼自動上弦鏈帶腕錶,配罕有「Underline」錶盤,約1963年製

Circa 1963
39mm. Diameter
Case, dial, movement and bracelet signed

Estimate
HK$120,000 - 200,000 
€13,200-22,000
$15,400-25,600

sold for HK$150,000

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: SIX

Hong Kong Auction 29 May 2018