Rolex. A fine and rare stainless steel automatic wristwatch  Submariner, Ref:5508, Made in 1959
Lot 209
Rolex. A fine and rare stainless steel automatic wristwatch Submariner, Ref:5508, Made in 1959
£7,000 - 9,000
US$ 12,000 - 15,000
Lot Details
Rolex. A fine and rare stainless steel automatic wristwatch
Submariner, Ref:5508, Made in 1959
26 jewel Cal:1530 rhodium-plated movement, straight-line lever escapement, monometallic balance, Tropical dial signed Rolex Oyster Perpetual, 100m = 330ft, Submariner, polished case, screw down case back stamped 6536/1 which has been scratched out then 1 59 5508, screw down crown, calibrated revolving faded black bezel, luminous stainless steel hands, fitted steel riveted bracelet stamped 7206 with date code 1 67, case, dial and movement signed
38mm.

Footnotes

  • The Reference 5508 appeared about 1957-58 and is called the James Bond Submariner by collectors. It replaced the Reference 6536 and 6536/1, and this particular example bears a case back with the Reference number 6536/1 scratched out and replaced with 5508 showing the transition between the models and also Rolex not wasting case backs. It was equipped with the new Cal.1530 movement and was guaranteed waterproof to 100m/330ft.
Auction information

This sale is now finished. If you are interested in consigning in future sales, please contact the specialist department. If you have queries about lots purchased in this sale, please contact customer services.

Buyers' Obligations

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.

Buyers' Premium and Charges

For all Sales categories excluding Wine, Coins & Medals and Motor Cars and Motorcycles:

Buyer's Premium Rates
25% on the first £50,000 of the Hammer Price
20% from £50,001 to £1,000,000 the Hammer Price
12% from £1,000,001 of the Hammer Price

VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.

Payment Notices

Payment in advance: by cash, check with banker's card, credit card, bank draft or traveler's cheque.

Payment at collection: by credit or debit card.

Credit card charges: a surcharge of 2% is applicable when using Mastercard, Visa and overseas debit cards.

Shipping Notices

For information and estimates on domestic and international shipping as well as export licenses please contact Bonhams Shipping Department.