Rolex, Early and Rare Stainless Steel Submariner Ref. 5508 Circa 1958 Case: 38 mm, stainless steel, three body case, screw down crown, aluminum bezel, red triangle at 12 o' clock, interior caseback reads, "5508, III.1958" , case no. 400,511 Dial: glossy gilt dial, gilt signature/"Submariner" text, silver depth rating, Mercedes hands Movement: Rolex cal. 1530, self-winding, 25 jewels, mov't no. 29,457 Band: leather strap, generic clasp Signed: dial, case, movement HID03101062020 © 2024 Heritage Auctions | All Rights Reserved

Type: Rolex, Early and Rare Stainless Steel Submariner Ref. 5508 Circa 1958
Dial: glossy gilt dial, gilt signature/"Submariner" text, silver depth rating
Hands: Mercedes hands
Metal: stainless steel
Case: #case no. 400,511
Case Info: three body case, screw down crown, aluminum bezel, red triangle at 12 o' clock, interior caseback reads, "5508, III.1958"
Case Width: 38 mm
Watch Movement: Rolex cal. 1530, self-winding, 25 jewels, mov't no. 29,457
Band: leather strap, generic clasp
Circa: 1958
Condition: watch is in good, original overall condition. Dial is in good, original condition; wear is even with small spotting throughout, and "puffy" lume is even and well preserved. Hands with light oxidation, possibly relumed due to luminescence discrepancy with hour plots. Original bezel/bezel insert in good condition, with slight wear to the black finished aluminum at 12 and 6 positions, possibly from a loose bracelet in its past. Case has been previously polished, however factory bevels are lightly visible. Between-lug engravings are crisp and legible. Inner caseback has four distinct watchmaker marks. Butterfly rotor with some patina, engraved crown still with gold tone inlay, and slight wear to lower plates due to sagging rotor at some time(rotor play with just slight vertical play). Movement runs and sets as it should, however winding and setting is very tight; watch is in need of an oiling for smoother action. Heritage does not guarantee timekeeping accuracy. We always recommend servicing for daily use and tim Heritage Auctions strongly encourages in-person inspection of items by the bidder. Statements by Heritage regarding the condition of objects are for guidance only and should not be relied upon as statements of fact, and do not constitute a representation, warranty, or assumption of liability by Heritage. All lots offered are sold "AS IS"