Saturday, December 11, 2010

Rolex 5510 - Christie's Auction 2366


If you lost out on the recent much talked about ebay auction of a Rolex 5510 covered here by Hodinkee, you can always try for this one, up for auction at Christie's Sale 2366 on 14 December in New York. It’s lot 166 and the estimate is US $40,000 - $60,000.


"Lot Description
ROLEX. A FINE AND RARE STAINLESS STEEL AUTOMATIC WRISTWATCH WITH CENTER SECONDS AND BRACELET.

SIGNED ROLEX, OYSTER PERPETUAL, 200M=660FT, SUBMARINER, MOVEMENT NO. 50558, CASE NO. 361913, REF. 5510, CIRCA 1958

Cal. 1530 nickel-finished lever movement, 25 jewels, black gloss dial, luminescent baton, dot and triangular numerals, center seconds, tonneau water-resistant-type case, revolving black bezel calibrated for 60 units, screw-down crown, screw back stamped 1.1958 and engraved ROLEX OYSTER CASE, case, dial and movement signed, stainless steel Rolex Oyster bracelet and deployant clasp.

38mm diam. 

Accompanied by a Rolex service box and additional watch parts.

This last version of the Submariner model without the crown guard is also the last model of an historical and experimental era during which small quantities of unusual and varying diver's watches were made. In production during a short period of time only, it is assumed that the reference 5510 was made in an exceedingly small series of less than 300 examples."




This auction also contains something unexpected. Well for us, anyway.

Actor Anthony LaPaglia appears to be a watch collector of some quantity and breadth; he is getting rid of some watches via the same auction. In fact lots 199 to 420 are all from his collection. That’s a staggering amount of watches by any stretch of a collector’s imagination, but it’s not just about quantity, it’s quality as well. You’ll find some rare vintage Rolexes, Langes, a Panerai Ref. 3646, vintage Blancpain 50 Fathoms, Omegas, vintage pocket watches…fairly much something for every watch enthusiast and collector.

Take a look at what he's selling, I can find at least two dozen that I'd be more than happy to provide a new home for...


[AP]



Postscript : 15 Dec - Price realised $98,500

For the prices realise for the LaPaglia watches, click here for the first lot. 

If you want to learn more about the Rolex 5510, you can read some notes here.

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