The Rolex Submariner, a name synonymous with diving prowess and enduring elegance, holds a special place in horological history. Its iconic design and robust construction have cemented its status as a collector's dream and a symbol of timeless style. But pinpointing the price of a 1964 Rolex Submariner is far from straightforward. While a general estimate might land around $8,000, the actual value fluctuates wildly depending on numerous factors. This article delves into the complexities of pricing a vintage Rolex Submariner from 1964, exploring the nuances of condition, reference numbers, and the ever-shifting landscape of the vintage watch market.
The Elusive $8,000 Figure: A Starting Point, Not a Guarantee
The figure of $8,000 for a 1964 Rolex Submariner should be considered a very rough estimate, a starting point for a discussion rather than a definitive price. It's more likely to represent a watch in fair condition, potentially requiring some servicing, with a less desirable dial or minor imperfections. A truly exceptional example, meticulously preserved and boasting a pristine dial and case, could easily command multiples of this price, reaching tens or even hundreds of thousands of dollars. Conversely, a severely damaged or incomplete watch might fetch significantly less.
Deciphering the Reference Numbers: 5512 and Beyond
Understanding the reference number is crucial when assessing the value of a 1964 Rolex Submariner. The most common reference number for this period is the 5512. The 5512 Rolex Submariner, produced from 1959 to 1980, encompasses a significant portion of the 1964 production run. Variations within the 5512 reference itself also influence price. These variations include dial variations (e.g., gilt, matte, or luminous), hand types, and crown markings. Minor differences in these details can significantly affect the watch's desirability and, consequently, its price. The presence of original, unpolished components is highly valued by collectors.
1964 Rolex Submarine Price: A Spectrum of Factors
The price of a 1964 Rolex Submariner is a multifaceted equation, influenced by a range of factors beyond the reference number:
* Condition: This is arguably the most significant factor. A watch in mint condition, showing minimal signs of wear and tear, will fetch a premium. Factors assessed include the case condition (scratches, dents, polishing marks), the bracelet condition (stretching, missing links), and the dial and hands (luminescence degradation, fading, damage). Unpolished cases are particularly sought after, as they retain their original character and patina.
* Dial Variations: The dial is the face of the watch, and its condition and style significantly impact value. Original dials from 1964 are highly valued, especially those with desirable features like gilt lettering or specific types of lume (luminescent material). Re-dialed watches, where the original dial has been replaced, are significantly less valuable.
* Case and Bracelet: The case, the protective shell of the watch, should be scrutinized for scratches, dents, and evidence of polishing. Unpolished cases are highly prized. The bracelet's condition is equally important; original bracelets, especially those with little stretch, add substantial value.
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