The reference 5508 is also known amongst collectors as a James Bond. The reference was in production from 1957 until circa 1961. The dial correctly displays the name Rolex and the words Oyster Perpetual and Submariner in gilt printing, while the depth rating of 100m=330ft is white. The bezel graduation is likewise correct for the model, with the first fifteen minutes indicated by individual strokes.
Reference 5508 is illustrated in 100 Years of Rolex by F. & G. Mondani, 2008, p. 82.