Rolex | Submariner, Reference 5513, A stainless steel wristwatch with pointed crown guards and underline gilt dial, Retailed by Serpico Y Laino, Circa 1963 | 勞力士 | Submariner 型號5513 精鋼鏈帶腕錶，備尖形錶冠護橋及漆製錶盤，由 Serpico Y Laino 發行，約1962年製
Submariner, Reference 5513
A stainless steel wristwatch with pointed crown guards and underline gilt dial, Retailed by Serpico Y Laino, Circa 1963
精鋼鏈帶腕錶，備尖形錶冠護橋及漆製錶盤，由 Serpico Y Laino 發行，約1962年製
Dial: gilt underline
Calibre: cal. 1560 automatic, 25 jewels
Case: stainless steel, screw down case back
Case number: 869'717
Closure: brown unsigned leather strap and stainless steel Rolex buckle
Size: 40 mm diameter
Signed: case, dial and movement
The movement is in working condition at the time of cataloguing. The dial is very attractive overall with some minor oxidation and tarnishing throughout the lacquer surface. The hands have been replaced during a service. The lumes react well under UV. The lumes are slightly discoloured with minor losses. The insert with light surface wear. The case with minor polishing and wear throughout that can be seen with the naked eye. The case back with crisp milled edge, light surface wear and tiny pinhead dings. Inside the case back stamped the 4th quarter of 1962. The movement itself is discoloured.
Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts.
You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band.
Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."
**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."
Year 1962 was a transitional year for Rolex and the Submariner as Rolex introduced the less expensive reference 5513. The reference 5513 was a non chronometer tested movement therefore more commercial. Like with all chronometer tested watches, Rolex signs the dial accordingly to confirm the testing. There is anomaly, however, with the reference 5512. Examples can be found with the COSC signature and without the COSC signature. Meaning there are 2 liner 5512 and 4 liner 5512. It was also common in this transitional period to find early 5513s with a 4 liner dial, where it should only have 2 lines.
The present watch is one of these anomalies, as we have a 5512 with chronometer tested movement, caliber 1560 but with only 2 lines of text and no COSC signature. It is possible that Rolex omitted the text in order to make room for the retail signature, which renders the watch even rarer as it is signed Serpico Y Laino, the famous retailer in Venezuela, Caracas.
Furthermore, as expected for a watch made in 1963, the dial has an underline to indicate the use of tritium rather than radium. In addition with a Coronet that is more broad and more wide at the bottom.
Consigned by an astute private collector, the present watch is an incredibly rare variant with a pointed crown guard and rarest still, a retailer's signature on the dial.