The Rolex 5517 Milsub. The name itself conjures images of daring underwater missions, perilous combat situations, and the unwavering reliability demanded by those who risked their lives in the face of danger. This legendary watch, a true embodiment of Rolex's commitment to precision and durability, commands a significant price in the collector's market, making it a coveted piece for both seasoned enthusiasts and newcomers alike. Understanding the factors that influence the Rolex 5517 Milsub price requires delving into its history, its unique features, and the current state of the collector's market.
The Rolex 5517: A Brief History and its Relationship to the "Milsub" Designation
Before we delve into the price, it's crucial to clarify the terminology. While often referred to as the "Milsub," the official Rolex designation is simply the 5517. The term "Milsub" is a colloquialism, stemming from its association with military use, specifically by the British Royal Navy. The term is often, and incorrectly, also applied to other Rolex models, primarily the 5513. The true Rolex 5517, however, stands apart with its distinct features and a history steeped in military service.
The Rolex 5517 was produced in relatively small numbers, primarily for the Royal Navy. Unlike the more widely produced 5513, the 5517 boasted several key differences, contributing to its rarity and desirability. These differences include, but aren't limited to, a different caseback, a distinct dial, and often a different movement. These subtle yet significant variations are crucial in determining the authenticity and, consequently, the price of a particular 5517.
Many of these watches were subjected to the rigors of actual combat and maritime operations, resulting in a significant number of examples exhibiting wear consistent with their intended use. This history of hard duty, while potentially detracting from the pristine condition of some examples, actually adds to their allure and historical significance for many collectors. Scratches, dents, and patina are often seen as badges of honor, reflecting the watch's operational history and adding to its unique character. The condition of a specific 5517 is, therefore, a major factor in determining its value.
Rolex Milsub 5517 Price: Factors Influencing Value
The price of a Rolex 5517 Milsub is exceptionally variable and highly dependent on several key factors:
* Condition: As mentioned earlier, the condition of the watch plays a paramount role in determining its price. A pristine, unpolished example with its original bracelet and box will command a significantly higher price than a heavily worn and repaired watch. Collectors often prioritize originality, and interventions like case polishing can negatively impact the value. The presence of original parts, particularly the dial and hands, is also crucial.
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