SUBMARINER MODEL, REF. 5512, CASE NO. 693'277, CIRCA 1961

The introduction of the Rolex Submariner reference 5512 in 1959 marked a significant evolution in the model’s history, notably as the first iteration to feature crown guards. Early examples of this reference are already considered highly desirable. However, the present timepiece is further distinguished by an exceptionally rare and coveted dial configuration, the so-called 'Explorer' dial.

Characterised by its iconic 3-6-9 numeral layout, inspired by the Rolex Explorer, this dial variant was produced in extremely limited numbers. It is known to have appeared on select Submariner references, including the 'Big Crown' models 6200, 6538, and 5510, as well as early examples of references 5512 and 5513 during the early 1960s.

Over the course of production, references 5512 and 5513 underwent numerous subtle design evolutions, details that today hold considerable significance for collectors. The present example is fitted with the highly desirable 'Exclamation Mark' dial, a particularly rare configuration produced for a brief period between approximately 1961 and 1962. It is characterized by a small luminous dot positioned beneath the 6 o’clock marker, as well as specific depth-rating characteristics, including the absence of the 'm' designation for metres and a capitalised, non-italic 'FT' for feet. These subtle yet significant details place the present timepiece among the most sought-after variants of early Submariner production.