{"id":19123,"date":"2022-12-16T06:00:00","date_gmt":"2022-12-16T14:00:00","guid":{"rendered":"https:\/\/www.bobswatches.com\/rolex-blog\/?p=19123"},"modified":"2024-04-08T10:55:34","modified_gmt":"2024-04-08T17:55:34","slug":"rolex-submariner-5512","status":"publish","type":"post","link":"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html","title":{"rendered":"Vintage Rolex 5512 Submariner Watch Ultimate Guide"},"content":{"rendered":"\n<p>The 1950s was a vital decade for Rolex. It was the era where the brand doubled-down on the concept of the tool watch, bringing us models such as the <a title=\"Rolex Submariner\" href=\"https:\/\/www.bobswatches.com\/rolex-submariner-1.html\">Rolex Submariner watch<\/a> for scuba divers exploring the ocean depths, the GMT-Master for transatlantic pilots crossing different time zones, and the Milgauss for scientists and engineers working in proximity of strong electromagnetic fields.<\/p>\n\n\n\n<p>But the series that most readily springs to mind when you think of Rolex in the 1950s will always be the Submariner. Launched in 1953, by the end of the decade it was already onto its ninth reference, with several of the earliest models having overlapping production runs, sometimes lasting for less than a year and yielding tiny quantities. It was a period of relentless testing, evaluating, and incremental evolutionary steps, with upgrades both minimal and major, all in Rolex&#8217;s pursuit of creating the ultimate dive watch.<\/p>\n\n\n\n<p>By 1959, the net result of those turbulent formative years was a version of the Submariner div watch that had come of age. The <a title=\"Rolex Submariner 5512\" href=\"https:\/\/www.bobswatches.com\/rolex\/submariner-5512\">Rolex Submariner 5512<\/a> was built on the backs of its predecessors, a watch that retained all the elements that worked, discarded those that didn\u2019t, and introduced the definitive shape and design language for every subsequent iteration. Below, we&#8217;ll take a look at just what makes the reference 5512 so special.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Rolex Submariner Reference 5512<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Rolex Submariner 5512 Review | Bob&#039;s Watches\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/4eXy0b5qg4o?start=79&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Submariner 5512 Key Features:<\/h3>\n\n\n\n<ul>\n<li><strong>Production Years:<\/strong> 1959 &#8211; 1979 (Approx.)<\/li>\n\n\n\n<li><strong>Case Diameter:<\/strong> 40mm<\/li>\n\n\n\n<li><strong>Materials:<\/strong> Stainless Steel<\/li>\n\n\n\n<li><strong>Functions:<\/strong> Time w\/ Running Seconds<\/li>\n\n\n\n<li><strong>Dial:<\/strong> Black w\/ Luminous Hour Markers<\/li>\n\n\n\n<li><strong>Luminous Material:<\/strong> Radium or Tritium<\/li>\n\n\n\n<li><strong>Bezel:<\/strong> Bidirectional, Black Aluminum Insert w\/ 60-Minute Scale<\/li>\n\n\n\n<li><strong>Crystal:<\/strong> Acrylic (Domed)<\/li>\n\n\n\n<li><strong>Movement:<\/strong> Caliber 1530, Caliber 1560, or Caliber 1570<\/li>\n\n\n\n<li><strong>Water Resistance:<\/strong> 200 Meters \/ 660 Feet<\/li>\n\n\n\n<li><strong>Strap\/Bracelet:<\/strong> Oyster Bracelet<\/li>\n\n\n\n<li><strong>Price Range:<\/strong> $17,500 &#8211; $250,000 (Pre-Owned)<\/li>\n<\/ul>\n\n\n\n<p><strong><a title=\"Ultimate Buying Guide on the Rolex Submariner\" href=\"https:\/\/www.bobswatches.com\/rolex-blog\/buying-guides\/rolex-submariner-ultimate-buying-guide.html\">Click here for our Ultimate Buying Guide on the Rolex Submariner.<\/a><\/strong><\/p>\n\n\n\n\t<style>\n\t\t.bw-btn-container .bw-custom-button.color-dark{\n\t\t\tbackground-color: #000;\n\t\t\tpadding: 14px 100px;\n\t\t\tfont-size: 16px;\n\t\t\tcolor: #fff;\n\t\t\tfont-weight: 600;\n\t\t\tletter-spacing: 1px;\n\t\t\tmargin: 20px auto;\n\t}\n\t.bw-btn-container .bw-custom-button.color-dark:hover,\n\t.bw-btn-container .bw-custom-button.color-dark:focus,\n\t.bw-btn-container .bw-custom-button.color-dark:active{\n\t\ttext-decoration:none!important;\n\t\toutline:none!important;\n\t}\n\t.bw-btn-container{\n\t\t\tdisplay: flex;\n\t\t\twidth: 100%;\n\t\t\talign-items: center;\n\t\t\tjustify-content: center;\n\t}<\/style><div class=\"bw-btn-container\"><a href=\"https:\/\/www.bobswatches.com\/models\/rolex-5512\" title=\"Shop Rolex Submariner 5512 Watches\" class=\"bw-custom-button color-dark\"><span>Shop Rolex Submariner 5512 Watches<\/span><\/a><\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"783\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Screen-Shot-2021-01-07-at-11.58.32-AM.jpg\" alt=\"Rolex Submariner 5512\" class=\"wp-image-45880\" title=\"Rolex Submariner 5512\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Screen-Shot-2021-01-07-at-11.58.32-AM.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Screen-Shot-2021-01-07-at-11.58.32-AM-300x199.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Screen-Shot-2021-01-07-at-11.58.32-AM-768x510.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Screen-Shot-2021-01-07-at-11.58.32-AM-1024x679.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Screen-Shot-2021-01-07-at-11.58.32-AM-573x380.jpg 573w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Submariner 5512 Important Details<\/h2>\n\n\n\n<p>Although it was by no means the very first Submariner that Rolex ever produced, many collectors regard the reference 5512 a the point in the history of Rolex&#8217;s iconic dive watch where it first started to take on what would ultimately become its present-day form. Produced from 1959 until approximately 1979, the Rolex Submariner ref. 5512 brought about several notable changes to the brand\u2019s famous dive watch family. For instance, it grew in size to 40mm from the 38mm case diameter of previous models, and it also introduced crown guards to the collection for the very first time.<\/p>\n\n\n\n<p>Despite being such an important model from the Submariner&#8217;s history, Rolex is always moving forward and improving upon its designs and the reference 5512 was produced with a number of different variations&nbsp;during the span of its two-decade production run. Like most vintage Rolex watches, the Submariner ref. 5512 evolved over time, and it is this subtle variation that makes it such an exciting model for today&#8217;s collectors. Let\u2019s have a look at what these differences are and what influence they have on the value of a vintage Submariner ref. 5512.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"687\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/vintage-rolex-submariner-1024x596.jpg\" alt=\"Vintage Rolex Submariner 5512 Watch Comparison Crown Guards\" class=\"wp-image-45873\" title=\"Vintage Rolex Submariner 5512 Comparison\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/vintage-rolex-submariner-1024x596.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/vintage-rolex-submariner-1024x596-300x175.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/vintage-rolex-submariner-1024x596-768x447.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/vintage-rolex-submariner-1024x596-1024x596.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/vintage-rolex-submariner-1024x596-585x341.jpg 585w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">Submariner 5512: Square Vs. Pointed Vs. Rounded Crown Guards<\/h3>\n\n\n\n<p>Even though it was a leap forward in terms of design, the of the ref. 5512 still wasn&#8217;t quite yet perfected when it was launched. The most obvious key difference between it and its forerunners was the addition of crown guards, protective shoulders around the winding crown to insulate it against shocks and accidental unscrewing &#8211; a logical and welcome addition for a tool watch meant to accompany explorers on their underwater adventures.<\/p>\n\n\n\n<p>Depending on the production year, there are three distinct types of crown guards found on the Submariner ref. 5512. The square shape of the guards on the very first wave of the Submariner 5512 blocked the crown so much that it made it difficult to operate. They were quickly changed to a more pointed style; however, it seems that the surplus stock of those original cases were shipped across to its sister company Tudor, who used them on its own Submariner, the ref. 7928.&nbsp;About five years after the introduction of the pointed crown guards, Rolex switched the crown guard silhouette yet again, to a more rounded shape, which became the standard shape throughout the remainder of the Submariner ref. 5512\u2019s production run.<\/p>\n\n\n\n<p>In terms of value, because the square crown guards (SCG) were in production for such a short amount of time and are therefore exceedingly rare, these are the most valuable Submariner ref. 5512 models on the vintage market. Additionally, due to their early place within the ref. 5512\u2019s history, all examples would have originally been fitted with glossy gilt dials. In fact, Christie\u2019s sold a ref. 5512 with square crown guards in 2013 for about $207,000!<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"787\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5508_IMG_9510-Edit-1.jpg\" alt=\"Vintage Rolex Submariner 5512 square crown guards\" class=\"wp-image-45876\" title=\"Rolex Submariner ref. 5512 - Square Crown Guards\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5508_IMG_9510-Edit-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5508_IMG_9510-Edit-1-300x200.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5508_IMG_9510-Edit-1-768x512.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5508_IMG_9510-Edit-1-1024x683.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5508_IMG_9510-Edit-1-570x380.jpg 570w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">Submariner 5512: Glossy Dials Vs. Matte Dials<\/h3>\n\n\n\n<p>As with any vintage Rolex watch, the tiniest change on the dial or bezel can lead to incredible premiums being added to their present-day value. Without diving into the bottomless minutiae of every different type of font serif, text alignment, chapter ring, or depth rating marking, there are two main generations of ref. 5512 dials, and even that is confusing enough for most collectors.<\/p>\n\n\n\n<p>While all Rolex Submariner ref. 5512 watches came equipped with black dials, there are two main versions. The earlier editions came with glossy black dials with gilt (gold) text up until about 1967. Rolex then replaced this style of dial with matte black dials with white printing. As expected, those Submariner ref. 5512 watches with glossy gilt dials typically command higher prices than those with matte black dials and white printing. Similar to the GMT-Master collection, there are also two versions of the glossy\/gilt dials found on the Submariner 5512 &#8211; ones with a chapter ring (early examples) and those without a chapter ring that came later before gilt dials were phased out completely and replaced with matte dials.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"787\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1187-4-Edit-1.jpg\" alt=\"Vintage Rolex Submariner 5512 gilt dial rivet bracelet\" class=\"wp-image-45875\" title=\"Rolex Submariner ref. 5512 - Gilt Dial\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1187-4-Edit-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1187-4-Edit-1-300x200.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1187-4-Edit-1-768x512.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1187-4-Edit-1-1024x683.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1187-4-Edit-1-570x380.jpg 570w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">Submariner 5512: Two Lines Vs. Four Lines<\/h3>\n\n\n\n<p>The very earliest examples of the Rolex Submariner ref. 5512 were fitted with the brand\u2019s own Cal. 1530, a sturdy workhorse of a movement, but one that was not (generally speaking) chronometer-certified. To gain the certification, the movement would have to pass the stringent trials of the COSC &#8211; better known as the Official Swiss Chronometer Testing Institute. Only those capable of being accurate to within +4\/-6 seconds a day could bear the label \u201cSUPERLATIVE CHRONOMETER OFFICIALLY CERTIFIED\u201d on their dials.<\/p>\n\n\n\n<p>With those early models of the ref. 5512 not submitted for testing, the only dial text they had other than &#8216;Rolex&#8217; and \u2018Oyster Perpetual\u2019 was the Submariner name and the depth rating. These ultra-rare pieces are known as 2-line Submariner 5512 watches and they are today among the most collectible examples of the reference 5512.<\/p>\n\n\n\n<p>The Cal. 1530 was very quickly replaced with the chronometer certified Cal. 1560 and a little later by the Cal. 1570, which enabled Rolex to include the extra chronometer-certified wording, creating 4-line Submariner 5512 watches. While all 2-line Submariner 5512 models have glossy gilt dials, depending on the year, 4-line versions can either come with glossy gilt dials or matte dials with white printing. Due to their age and rarity, 2-line Submariner ref. 5512 versions are typically more expensive than their 4-line counterparts.<\/p>\n\n\n\n<p>With that in mind, 1962 marked the arrival of the ref. 5513 Submariner, which was largely identical to the reference 5512 but lacked a chronometer-rated movement, and thus occupied a more affordable price point. The reference 5513 is considerably more plentiful than the reference 5512 and also enjoyed a longer production run. Why this is important is because to the untrained eye, an early example of the ref. 5513 can look almost indistinguishable from the extremely scarce and highly valuable 2-line Submariner 5512, so it always pay to check the reference number engraving if you are not positive about which vintage Submariner model you might have.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"787\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0643-2-Edit-1.jpg\" alt=\"Rolex Submariner Reference 5512\" class=\"wp-image-45877\" title=\"Rolex Submariner ref. 5512\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0643-2-Edit-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0643-2-Edit-1-300x200.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0643-2-Edit-1-768x512.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0643-2-Edit-1-1024x683.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0643-2-Edit-1-570x380.jpg 570w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">Submariner 5512: Meters First Vs. Feet First<\/h3>\n\n\n\n<p>A closer look at different dials of the vintage Rolex Submariner ref. 5512 reveals that Rolex changed up the placement of the depth rating. Early editions &#8211; and this includes all of the early gloss\/gilt examples included the meters units first where the dials indicate &#8220;200m = 660ft&#8221; for their depth ratings. Rolex later switched it up to have the feet units rating first where the dials read &#8220;660ft = 200m&#8221; &#8211; a practice that continued until the end of the reference 5512&#8217;s production run at the end of the 1970s.<\/p>\n\n\n\n<p>As a result of this practice, there are both two-line and four-line versions of the meters-first Submariner 5512, but none of the early examples with glossy gilt dials have feet-first depth ratings. As you might be able to guess, meters first versions came first and were in production for a shorter amount of time and today, they are often more expensive and desirable than the later feet-first editions.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"787\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_2792-3-1.jpg\" alt=\"Vintage Rolex Submariner 5512 4-line dial\" class=\"wp-image-45878\" title=\"Rolex Submariner 5512 - 4-Line Dial\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_2792-3-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_2792-3-1-300x200.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_2792-3-1-768x512.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_2792-3-1-1024x683.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_2792-3-1-570x380.jpg 570w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\">Submariner 5512: Depth Rating First Vs. Submariner First<\/h3>\n\n\n\n<p>In addition to the different depth rating configurations, the \u201cSUBMARINER\u201d placement on the ref. 5512 also changed during its manufacturing period. The SUBMARINER name on the dial always came after the depth rating until the mid-1970s when Rolex began placing it above the depth rating. This became the standard and to this day, the SUBMARINER name is always placed before the depth rating and SCOC chronometer-certification text.<\/p>\n\n\n\n<p>The change in placement of the SUBMARINER text only came about in the mid-1970s, but the service replacement dials that were produced for the reference 5512 featured the SUBMARINER name above the depth rating. Consequently, it is not uncommon to see older ref. 5512 watches with later-era style dials, and this is typically a good indicator that the dial was replaced at some point during the watch\u2019s history.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"787\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1196-4-2-1.jpg\" alt=\"Vintage Rolex Submariner 5512 red triangle bezel insert chapter ring dial square crownguard\" class=\"wp-image-45881\" title=\"Rolex Submariner 5512 - Red Triangle Bezel\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1196-4-2-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1196-4-2-1-300x200.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1196-4-2-1-768x512.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1196-4-2-1-1024x683.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_1196-4-2-1-570x380.jpg 570w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">How Much Is The Submariner 5512?<\/h2>\n\n\n\n<p>Universally adored in vintage collector circles, the ref. 5512 is thought of as one of the last \u2018pure\u2019 Submariner references and it is a rare beast with a number of even rarer variants dotted throughout its 20-year lifetime. While finding a worthy pre-owned example is becoming an increasingly difficult and expensive task, the Rolex Submariner reference 5512 represents one of the most rock-solid investments in the world of horology. Despite typically being less expensive than its older pre-crownguard siblings, many collectors believe that the reference 5512 is the perfect example of the quintessential vintage Submariner.<\/p>\n\n\n\n<p>It&#8217;s interesting to note that the Submariner ref. 5512 was actually the <a href=\"\/rolex\/\" title=\"Rolex watch of choice\">Rolex watch of choice<\/a> for legendary Hollywood actor Steve McQueen, despite the fact that the Explorer II ref. 1655 is (erroneously) nicknamed the &#8220;Steve McQueen&#8221; by today&#8217;s collectors. In fact, McQueen&#8217;s very own personal Submariner ref. 5512 sold at auction in 2009 for $234,000 &#8211; although we&#8217;re certain it would fetch much more than that today given the continuously growing vintage Rolex market.<\/p>\n\n\n\n<p>While a quarter of a million dollars is certainly at the top of the price range for a Submariner ref. 5512, the value of this particular vintage Rolex watch model has risen steadily over the years. Depending on provenance, condition, and the specific variation, the price of Submariner ref. 5512 watches normally range from about $17,500 to just shy of $100,000. With that in mind, a rare &#8220;Explorer-style&#8221; dial variant sold for approximately $250,000 in October 2020, which further supports the notion that Steve McQueen\u2019s personal Rolex Submariner 5512 would fetch well beyond the quarter million dollar mark if it were to be auctioned again today.<\/p>\n\n\n\n<p>It is incredibly important to remember that the reference 5512 is substantially less common than its non-chronometer sibling reference, the Submariner ref. 5513. Some estimates say that Rolex manufactured five times more Submariner 5513 watches than ref. 5512 watches during the years that these models remained in production. What is certain is that the Submariner ref. 5512 is a milestone Rolex model that introduced crown guards and a larger 40mm case size to the brand&#8217;s iconic dive watch family.<\/p>\n\n\n\n<p>While the Rolex Submariner 5512 is an iconic dive watch, it&#8217;s worth noting the differences between it and another Rolex classic, the GMT-Master. The vintage Rolex GMT-Master, designed for pilots and travelers, features a bi-directional rotating bezel and an additional 24-hour hand to track multiple time zones. In contrast, the Submariner 5512, designed for divers, has a unidirectional rotating bezel and a higher water resistance rating. When comparing the vintage <a href=\"https:\/\/www.bobswatches.com\/rolex-blog\/editorial\/rolex-gmt-vs-submariner.html\" title=\"Rolex GMT vs Submariner\">Rolex GMT vs Submariner<\/a>, the choice ultimately depends on the wearer&#8217;s lifestyle and intended use for the watch.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"787\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Sub_5512_20JM1179-Edit-3-1.jpg\" alt=\"Vintage Rolex Submariner 5512 gilt exclamation point dial\" class=\"wp-image-45884\" title=\"Rolex Submariner 5512 - Exclamation Dial\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Sub_5512_20JM1179-Edit-3-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Sub_5512_20JM1179-Edit-3-1-300x200.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Sub_5512_20JM1179-Edit-3-1-768x512.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Sub_5512_20JM1179-Edit-3-1-1024x683.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Sub_5512_20JM1179-Edit-3-1-570x380.jpg 570w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">An Adored Dive Watch Icon<\/h2>\n\n\n\n<p>Arguably more than any other model from the brand\u2019s legendary portfolio, it is the Rolex Submariner that is the model that first comes to mind when people think of Rolex. The Datejust is the brand\u2019s best-selling collection and it truly is the quintessential Rolex timepiece; however, it is the Submariner that is emblematic of Rolex&#8217;s illustrious tool-watch legacy, something that has become one of the core pillars of the brand\u2019s present-day identity.<\/p>\n\n\n\n<p>While it was not the very first Submariner that Rolex ever produced, the reference 5512 was the model that first established the blueprint for the sports watch icon as we know it today. The watch\u2019s no-date simplicity and minimalist layout are the true essence of the Rolex brand &#8211; tough, honest, and elegant. The Rolex Submariner is the most counterfeited timepiece in the world and the most emulated design in history. Not only are there more fake versions in circulation than the real thing, other highly-respected manufacturers have even adopted its styling cues and for many collectors, the Rolex Submariner will always be the archetype of the modern diver\u2019s watch.<\/p>\n\n\n\n<p>What do you think of the vintage Rolex Submariner 5512? Let us know in the comments section below!<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1180\" height=\"843\" src=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0600-3-Edit-1.jpg\" alt=\"Vintage Rolex Submariner 5512 4-Line Matte Dial\" class=\"wp-image-45882\" title=\"Rolex Submariner ref. 5512\" srcset=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0600-3-Edit-1.jpg 1180w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0600-3-Edit-1-300x214.jpg 300w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0600-3-Edit-1-768x549.jpg 768w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0600-3-Edit-1-1024x732.jpg 1024w, https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_5D3_0600-3-Edit-1-532x380.jpg 532w\" sizes=\"(max-width: 1180px) 100vw, 1180px\" \/><\/figure><\/div>","protected":false},"excerpt":{"rendered":"<p>In our latest installment of The Minute Details series\u2014where we examine the seemingly small differences that make a huge impact on the watch\u2019s value\u2014we dive into the famous vintage Rolex Submariner ref. 5512. Produced from 1959 until about 1979, the Submariner ref. 5512 brought about several notable changes to the famous Rolex diver\u2019s watch family. For instance, it grew in size to 40mm compared to the 38mm sizes of preceding models. Furthermore, it introduced the crown guards to the Submariner collection.<\/p>\n","protected":false},"author":2,"featured_media":45874,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[2171],"tags":[2007,1639,1726],"ppma_author":[2286],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rolex Submariner 5512 Reference Guide | Bob&#039;s Watches<\/title>\n<meta name=\"description\" content=\"The reference 5512 is an important model from the history of Rolex&#039;s dive watch. 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Let&#039;s dive deep into everything about the vintage Rolex Submariner 5512.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html\" \/>\n<meta property=\"og:site_name\" content=\"Bob&#039;s Watches\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bobswatches\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-16T14:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-08T17:55:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_IMG_0034-2-Edit-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1180\" \/>\n\t<meta property=\"og:image:height\" content=\"609\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Altieri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bobswatches\" \/>\n<meta name=\"twitter:site\" content=\"@bobswatches\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul Altieri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html\"},\"author\":{\"name\":\"Paul Altieri\",\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/#\/schema\/person\/22b37643d599dce1a5947061baa91033\"},\"headline\":\"Vintage Rolex 5512 Submariner Watch Ultimate Guide\",\"datePublished\":\"2022-12-16T14:00:00+00:00\",\"dateModified\":\"2024-04-08T17:55:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html\"},\"wordCount\":2246,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_IMG_0034-2-Edit-1.jpg\",\"keywords\":[\"5512\",\"Submariner\",\"Vintage Rolex\"],\"articleSection\":[\"Watch Review\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html\",\"url\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html\",\"name\":\"Rolex Submariner 5512 Reference Guide | Bob's Watches\",\"isPartOf\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.bobswatches.com\/rolex-blog\/watch-review\/rolex-submariner-5512.html#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bobswatches.com\/rolex-blog\/wp-content\/uploads\/2017\/12\/Rolex_Submariner_5512_IMG_0034-2-Edit-1.jpg\",\"datePublished\":\"2022-12-16T14:00:00+00:00\",\"dateModified\":\"2024-04-08T17:55:34+00:00\",\"description\":\"The reference 5512 is an important model from the history of Rolex's dive watch. 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He is widely considered a pioneer in the industry for bringing transparency and innovation to a once-considered stagnant industry. His experience spans over 35 years and he has been published in numerous publications including Forbes, The NY Times, WatchPro, and Fortune Magazine. Paul is committed to staying up-to-date with the latest research and developments in the watch industry and e-commerce, and regularly engages with other professionals in the industry. He is a member of the IWJG, the AWCI and a graduate of the GIA. Alongside running the premier retailer of pre-owned Rolex watches, Paul is a prominent Rolex watch collector himself amassing one of the largest private collections of rare timepieces. In an interview with the WSJ lifestyle\/fashion editor Christina Binkley, Paul opened his vault to display his extensive collection of vintage Rolex Submariners and Daytonas. Paul Altieri is a trusted and recognized authority in the watch industry with a proven track record of expertise, professionalism, and commitment to excellence.","sameAs":["https:\/\/www.bobswatches.com","https:\/\/en.wikipedia.org\/wiki\/Bobs_Watches"]}]}},"authors":[{"term_id":2286,"user_id":2,"is_guest":0,"slug":"paul","display_name":"Paul Altieri","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d3e540a744096739cccba1e3bb39245b?s=96&d=mm&r=g","author_category":"","user_url":"https:\/\/www.bobswatches.com","last_name":"Altieri","first_name":"Paul","job_title":"","description":"Paul Altieri is a vintage and pre-owned Rolex specialist, entrepreneur, and the founder and CEO of BobsWatches.com. - the largest and most trusted name in luxury watches. He is widely considered a pioneer in the industry for bringing transparency and innovation to a once-considered stagnant industry.  His experience spans over 35 years and he has been published in numerous publications including Forbes, The NY Times, WatchPro, and Fortune Magazine. Paul is committed to staying up-to-date with the latest research and developments in the watch industry and e-commerce, and regularly engages with other professionals in the industry. He is a member of the IWJG, the AWCI and a graduate of the GIA. \r\n\r\nAlongside running the premier retailer of pre-owned Rolex watches, Paul is a prominent Rolex watch collector himself amassing one of the largest private collections of rare timepieces. In an interview with the WSJ lifestyle\/fashion editor Christina Binkley, Paul opened his vault to display his extensive collection of vintage Rolex Submariners and Daytonas. \r\n\r\nPaul Altieri is a trusted and recognized authority in the watch industry with a proven track record of expertise, professionalism, and commitment to excellence."}],"_links":{"self":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts\/19123"}],"collection":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/comments?post=19123"}],"version-history":[{"count":12,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts\/19123\/revisions"}],"predecessor-version":[{"id":61331,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts\/19123\/revisions\/61331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/media\/45874"}],"wp:attachment":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/media?parent=19123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/categories?post=19123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/tags?post=19123"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/ppma_author?post=19123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}