272 . Rolex
A fine and rare stainless steel wristwatch with sweep centre seconds , black lacquer dial and bracelet
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Manufacturer Rolex Year 1958
Reference No . 5508 , inside case back stamped III . 1958 Movement No . 30 ’ 208 Case No . 399 ’ 755 Model Name Submariner Material Stainless steel Calibre Automatic , 1530 ,
17 jewels
Bracelet / Strap Stainless steel Rolex Oyster bracelet stamped 7206 , 186 mm . maximum length
Clasp / Buckle Stainless steel Rolex folding deployant clasp Dimensions 38 mm . diameter Signed
Case , dial and movement signed
Estimate HKD 120,000-180,000 USD 15,000-22,000
The present Submariner reference 5508 was manufactured in 1958 , which is the first year this reference was introduced . It is a highly desirable and charismatic example , fitted with a correct black lacquer ʻSwissʼ dial with gilt signature and upgraded depth rating printed in white on the surface of the dial . The hands and lumes have aged to a warm and beautiful orange tone consistently together . The insert features the upgraded calibration to 15 minutes from its predecessor reference 6536 / 1 and is nicely faded giving the watch great character .
The case has sharp beveled edges and the numbers between the lugs are clearly readable , making this example very sought after today .
Literature For another example of a reference 5508 , please see Collecting Modern and Vintage Wristwatches Volume I by Oswaldo Patrizzi , page 352 .