The Rolex Military Submariner, specifically the reference 5517 (and sometimes conflated with the similar 5513), represents a fascinating chapter in Rolex's history and a highly sought-after piece for collectors. Its military provenance, combined with its robust construction and understated elegance, has cemented its status as a legend among vintage dive watches. However, pinning down a precise price for a Rolex Military Submariner 5517 is a complex undertaking, influenced by a multitude of factors, making it a challenging but rewarding pursuit for those seeking to understand its value. This article will delve deep into the world of the 5517, exploring its history, key features, and the various elements that contribute to its fluctuating price.
The reference 5517, often appearing alongside the 5513 in discussions due to their similarities, isn't officially designated by Rolex as "Military Submariner". The designation comes from its believed use by various military forces, though definitive proof of specific large-scale military contracts remains elusive. Many examples surfaced on the secondary market showing characteristics consistent with military issue watches, leading to the popular moniker. These characteristics include matte dials, often with variations in lume application and aging, and sometimes the presence of broad arrow hands. This lack of official documentation contributes to the mystique and intrigue surrounding the watch, further impacting its value.
Understanding the 5517's Specifications and Variations:
The example we are focusing on, a circa 1978 Military Submariner, typically features the following:
* Model: Military Submariner (unofficial designation)
* Reference: 5517 (often confused with 5513)
* Date: Circa 1978
* Movement: 26-jewel Cal. 1520 automatic – a robust and reliable movement known for its accuracy and durability. This is a key factor in the watch's enduring appeal and collectible value.
* Dial: Black matte dial, often showing signs of age and patina. The tritium lume ("T" lume) on the hour markers and hands would have initially been a bright creamy color, but over time, it has aged, typically developing a warm, yellowish or even brownish hue. This patina is a significant factor influencing the desirability and value of the watch. The hour markers are luminous dots, with baton quarters and white outer minute divisions. The hands are broad polished sword hands. Variations in lume application and dial aging are common and contribute to the uniqueness of each individual piece.
Factors Influencing the Price of a Rolex Military Submariner 5517:
Determining the price of a specific 5517 is a nuanced process. Several crucial factors come into play:
* Condition: The overall condition of the watch is paramount. A pristine example with minimal wear, a well-preserved dial and hands, and a flawlessly functioning movement will command a significantly higher price than one showing substantial wear and tear. Scratches, dents, discoloration, and any signs of previous repairs or servicing will all affect the value.
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