The Rolex Submariner, a watch synonymous with rugged elegance and diving prowess, holds a special place in horological history. Within the Submariner lineage lies a highly coveted and exceptionally rare subset: the military Submariners, often referred to as "MilSubs." These watches, primarily references 5513 and 5517, represent a fascinating chapter in Rolex's history and command exorbitant prices in the collector's market. Understanding the price of a MilSub requires navigating a complex landscape of rarity, condition, provenance, and the ever-shifting tides of the vintage watch market.
Finding a MilSub, whether it's a reference 5513 or the even rarer 5517, is akin to searching for a needle in a haystack – a particularly well-hidden haystack, at that. The limited production numbers of these watches, originally produced for military use, mean that the number available for sale at any given time is incredibly small. This scarcity is a primary driver of their high prices. Collectors, recognizing the historical significance and investment potential, tend to hoard these watches, further restricting supply and inflating demand. This creates a self-perpetuating cycle where prices continually climb. Unlike the readily available modern Submariners, acquiring a MilSub demands significant patience, research, and often, a substantial financial commitment.
Understanding the Rolex Submariner Military (MilSub) References:
Before delving into the pricing, it's crucial to understand the key differences between the primary MilSub references:
* Reference 5513: This is the more commonly encountered MilSub. Produced over a long period, variations exist within the reference 5513, with subtle differences in dial markings, hands, and case characteristics. These variations, often linked to specific military contracts or production periods, significantly influence the value. The presence of specific features, such as a "T" Swiss T<25> dial (indicating tritium lume), a matte dial, or certain crown and caseback markings, can dramatically increase the price.
* Reference 5517: The “holy grail” for many MilSub collectors, the 5517 is exceptionally rare. Its larger case size and specific features, such as the broad arrow hands, set it apart from the 5513. These features, coupled with its extreme rarity, place it at the pinnacle of MilSub desirability and consequently command significantly higher prices.
Factors Influencing Rolex Submariner Military Price:
The price of a MilSub is not simply a fixed number. Numerous factors contribute to its value, making each watch a unique investment:
* Condition: As with any vintage watch, condition is paramount. A pristine, unpolished example with its original bracelet and accessories will command a significantly higher price than a watch showing signs of wear and tear. The presence of any significant damage, repairs, or aftermarket parts will negatively impact its value.
* Provenance: A documented history of ownership adds significant value. If a watch can be traced back to its original military service, or if it has a known history of ownership among prominent collectors, its price will reflect this provenance. Authenticity is of utmost importance, and proper authentication from reputable sources is essential.
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