The Rolex Submariner 5512. The name alone conjures images of rugged exploration, underwater adventures, and enduring horological excellence. This iconic dive watch, produced from 1959 to 1989, holds a special place in the hearts of collectors, representing a pivotal period in Rolex's history and a golden age of watchmaking. Its enduring appeal translates directly into its significant value on the pre-owned market, making understanding its pricing crucial for both buyers and sellers. This article will delve into the complexities of the Rolex Submariner 5512 price, examining various factors that influence its value and providing a comprehensive guide for navigating this exciting segment of the collector's market.
The Baseline: Understanding the $18,222 Average
While the average pre-owned price for a Rolex Submariner 5512 is cited as approximately $18,222, it's crucial to understand that this is a broad generalization. This figure serves as a starting point, a benchmark against which the specific price of an individual watch will fluctuate considerably depending on several key factors. The 28% markup mentioned for secondary market purchases highlights the premium commanded by reputable dealers, who factor in authentication, servicing, and the guarantee of a legitimate sale. This premium is often deemed worthwhile for buyers prioritizing peace of mind and avoiding potential pitfalls of private transactions.
Rolex 5512 Price Guide: Deconstructing the Variables
Several factors significantly influence the price of a Rolex Submariner 5512, making a simple price chart inadequate for accurate valuation. A comprehensive price guide must consider the following:
* Dial Variations: The 5512 boasts a fascinating array of dial variations, each influencing its value dramatically. The highly sought-after Rolex gilt dial Submariner 5512, with its characteristically aged gold lettering, commands a significantly higher price than its later, non-gilt counterparts. Variations in the lume (luminescent material) – from tritium to radium – also impact value, with earlier radium-lumed examples often fetching top dollar. The presence of a "meters first" marking on the dial (indicating "meters" before "feet") is another highly sought-after feature, adding considerable value. A detailed Rolex 5512 dial variations guide is essential for any serious collector.
* Case Condition: The condition of the case is paramount. Scratches, dings, and corrosion significantly affect value. A watch with a pristine, unpolished case will command a much higher price than one that has been heavily polished, potentially diminishing its historical significance and authenticity. The presence of original crown guards and the overall integrity of the case are crucial factors.
* Movement Condition: The caliber 1520 movement within the 5512 is a robust and reliable workhorse, but its condition is still a major factor in valuation. A properly serviced and functioning movement is essential, and its condition, as documented by a reputable watchmaker, can significantly influence the price.
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