Rolex - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1977
    Reference No: 5512
    Movement No: 920’528
    Case No: 5’429’556; inside caseback stamped “5513”
    Model Name: Submariner, MK 1 Maxi 4-liner
    Material: Stainless steel
    Calibre: Automatic, cal. 1570, 26 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet stamped “93150”, end links stamped “580”, max length 190mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp stamped “VC”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed

  • Catalogue Essay

    The Rolex Submariner ref. 5512 with matte dials was introduced circa 1967 replacing its “glossy” gilt predecessor. Early examples of matte dials featured “meters first” dials which had a softer black finish and printed white text. In 1969, the final generations of 5512 was released with tell-tale signs such as the “feet first” depth rating on the dial. Marked as 660ft-200m and the C.O.S.C certification beneath, hence the 4-liner, the luminous plots were enlarged and deemed by collectors as the Maxi dial.

    The present lot is dated from circa 1977 bearing a 5.4 million case number features a matte black dial with four lines of text. It is fitted with an early 'Maxi 1' Dial that are produced for only a year around 1977 until 1978. The present Rolex Submariner ref. 5512 “Maxi four liner dial” has aged with luminous plots that have developed an attractive ivory-cream hue with incredible vintage appeal. Rare to come by, this no-date Submariner is the perfect no-frills vintage tool watch for daily wear.

  • Artist Biography


    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. 5512
A fine and attractive stainless steel diver’s wristwatch with center seconds, MK I Maxi 4-liner matte black dial and bracelet

Circa 1977
40mm diameter
Case, dial, movement, bracelet and clasp signed

HK$78,000 - 115,000 

Sold for HK$176,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2031

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022