The Rolex Submariner, a name synonymous with diving prowess and enduring style, boasts a rich history filled with iconic models. Among the most sought-after and elusive are the military-issued variants, often shrouded in mystery and marked by subtle, yet significant, differences from their commercially available counterparts. One such enigmatic model is the Rolex Submariner reference 5517, a watch that commands considerable attention and a correspondingly high price in the collector's market. Understanding its value requires delving into its history, distinguishing features, and the current market dynamics.
The Rolex Submariner 5517, often mistakenly referred to as a 5513 variant due to its close resemblance, is a highly collectible piece dating back to approximately 1975. Its designation as a military Submariner stems from its procurement by various military forces, although precise details regarding specific contracts and quantities remain largely undocumented, adding to its allure. The watch's understated elegance and robust functionality made it an ideal tool for divers and military personnel alike. The reference number itself is a point of contention, with some sources suggesting it was an internal Rolex designation rather than an officially released reference number. This further contributes to the mystique surrounding the 5517.
This article will explore the factors influencing the price of a Rolex Submariner 5517, comparing it to the more readily available Rolex Submariner 5512, and considering the broader context of the vintage Rolex Submariner market. We will examine the watch's specifications, key distinguishing features, and the elements that contribute to its exceptional value.
The 5517's Distinctive Characteristics:
The Rolex Submariner 5517 shares many similarities with the civilian 5513, but several key characteristics distinguish it:
* Movement: The 5517 typically houses the reliable 26-jewel caliber 1520 automatic movement. This robust movement, known for its accuracy and longevity, is a significant factor in the watch's desirability. Its performance and serviceability contribute directly to the watch's overall value.
* Dial: The dial is arguably the most defining feature. Typically black, it features tritium T lume plots, a significant indicator of its age and military origins. The luminous dot hour markers, baton quarters, and white outer minute divisions, combined with the characteristic polished sword hands with a luminous dot, create a unique and instantly recognizable aesthetic. The condition of the dial, including the lume's aging and patination, significantly impacts the price. A well-preserved original dial with even lume is highly prized.
* Case: The case is generally made of stainless steel, exhibiting the typical robust construction expected from a Submariner. The condition of the case, including the presence of original engravings, any signs of wear, and the overall sharpness of the lugs, is crucial in determining its value.
* Bezel: The bezel, usually a black aluminum insert, displays the characteristic unidirectional rotating function. The condition of the bezel, including its insert's color and the sharpness of the markings, influences the overall grade and price.
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