A fine, very early and extremely rare stainless steel wristwatch with center seconds and bracelet, retailed by Serpico Y Laino

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  • Condition Report

  • Manufacturer: Rolex
    Year: Circa 1963
    Reference No: 5513
    Case No: 992'000
    Model Name: Submariner
    Material: Stainless steel
    Calibre: Automatic, cal. 1530, 26 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster riveted bracelet stamped 80 to the endlinks, max length 190mm
    Clasp/Buckle: Stainless steel Rolex deployant clasp stamped 4.63
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed

  • Catalogue Essay

    Co-signed timepieces are avidly sought-after by collectors in virtue of their rarity, the unique appearance, and also because these dials hark back to its original retail location, travelling back to the bygone eras during which the timepiece was sold.

    The present watch is a co-signed timepiece, with the Serpico Y Laino signature at six. But the timepieces holds another surprise — when examining the caseback, one can notice that the finely engraved retailer S&L monogram followed by the case metal in Spanish (Acero) has miraculously retained, furthermore in quite crisp condition, through nearly half a century of life of the watch, a true hidden treasure for the collector of rare and unusual pieces.

    Furthermore, the present example of reference 5513 is one of the earliest specimens of the reference produced: it was manufactured in the third quarter of 1963, evidenced by the caseback stamp III 63. Reference 5513 was introduced only one year earlier.

  • 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.

    View More Works

955

Rolex

Ref. 5513
A fine, very early and extremely rare stainless steel wristwatch with center seconds and bracelet, retailed by Serpico Y Laino

勞力士,「Submariner」型號5513,精細及非常罕有,精鋼自動上弦鏈帶腕錶,由Serpico Y Laino銷售,約1963年製

Circa 1963
39.5mm Diameter
Case, dial, movement and clasp signed

Estimate
HK$235,000 - 390,000 
€26,500-44,000
$30,100-50,000

Place Advance Bid

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

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019