5th Nov, 2019 11:30
The Watches Auction
A VERY RARE ROLEX 5514 COMEX WRIST WATCH
VERY RARE: GENTLEMAN'S ROLEX OYSTER PERPETUAL SUBMARINER COMEX 5514 STAINLESS STEEL AUTOMATIC WRIST WATCH,
1974 from serial number, model no. 5514, serial no. 3804890 both from case edge, the round black dial signed and with Comex SUBMARINER 660ft = 200m in white, with applied luminous plot, dagger and baton hour markers, chapter ring in white, Mercedes hands with lume inserts, centre sweep seconds hand with lume plot, black enamel bezel with count up scale, fluted edge, 38mm case with coronet and ROLEX COMEX to the caseback, the caseback interior with 5513, screwdown crown with coronet, on a stainless steel Oyster bracelet strap, with end links marked 580, first links marked 93150, with a signed Rolex clasp marked 93150, lacking box and papers. Provenance: this watch was purchased by the vendor from a North Sea diver who had worked with a company named Gas & Equipment, owned by Ron Billington and Leon Metcalfe. Since purchasing around 1980, the vendor has had the watch serviced once and has not worn it for diving activities. Comex were a French diving company with whom Rolex worked to produce a limited number of diving watches in the 1970s and 1980s.
The condition of watches offered at auction varies widely due to factors including age, possible restoration, repair and general wear and tear. Condition reports relate to watches’ condition at the time of inspection by McTear’s specialists, McTear’s cannot guarantee watches to function beyond that point. Watches are not tested in house for accuracy, duration or water tightness. Buyers should assume that all watches purchased will require regular servicing to be useable and reliable. If McTear’s have been unable to open a watch case safely, the completeness and functionality of the movement within cannot be commented on or guaranteed. McTear’s cannot offer any form of guarantee that movements and/or all component parts are original to any watch.
Sold for £15,000
Estimated at £15,000 - £25,000
Condition Report
In good condition overall
Wear consistent with age and use
Scratches all over case and bracelet
Heavy scratches to crystal
Ticking at present
Hands can be set
Dial markers white in colour
Bezel moving in both directions
Bezel with scratches, loss of enamel to edge at 55, nicks elsewhere
Bezel pip discoloured
Requires cleaning all over
Bracelet clasp working
Lacking box and papers
See additional images.
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