This Submariner is in overall great, honest condition. The case is in good condition with normal signs of wear. The back of the Caseback is stamped: "5513" and "IV.68". Between the lugs the serial and reference numbers are visible. Rolex would often times use 5512 and 5513 caseback interchangeably and we have seen this many times before. The bezel ring is sharp and the bezel insert is in great condition with normal signs of wear; the pip has aged to a caramel color. The matte black dial is in excellent condition with light patina. The lume has developed some patina and aged to an attractive pale yellow color. The hands have developed patina and the lume matches the color of the lume on the dial. The 9315 folded Oyster bracelet has 12 links and 280 end links. The back of the clasp is stamped "4/71" indicating it's from 1971The bracelet is in great condition with light stretch between the links.
Pre-owned Rolex Submariner ref 5512 (1970) is an important reference in Submariner history; It was the first Submariner to feature crown guards, a detail that all Subs would have going forward and still do today. Throughout the production of the 5512 Rolex made many different variations, from glossy dials to matte dials with many slight updates and changes. The 5512 may look nearly identical to the 5513 (that came out in 1962, three years later) but the main difference would be that the 5512 has the chronometer certified movement (COSC). Since the 5512 had a COSC movement, they were more expensive than the 5513 and were not as popular, we see less of them in general. The 5512s would typically have four lines of text at the bottom of the dial and the 5513 always has two; that is one good way of telling apart the references at a glance Its not always that simple, early examples of the 5512 also have two lines of text, but still have the COSC movement which can be a bit confusing when learning about these watches.
This example features the sought after "meters first" dial. When Rolex switched to the matte dial they put the depth rating as "200m = 660ft" and these are known as "meters first" in the collecting community. Eventually Rolex would swap the depth rating to feet first around the early 1970s and have continued this trend to the modern offerings. One theory on this change is that Rolex wanted to boost sales in the United States, but to our knowledge Rolex has not made any definitive statements on this shift. Overall the 5512 is a cult favorite and we see many collectors gravitate towards these especially after they have gone down the rabbit hole.
Good condition for this old of a watch. Great deal.
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