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Digital Subscriptions > Antiques Trade Gazette > 2296 > Devil is in the detail

Devil is in the detail

For the serious collector of vintage Rolex Submariner wristwatches, the devil is in the dial detail. Dial variations found in this watch model were produced in low numbers and are therefore highly sought after.

The Rolex Oyster Perpetual Submariner offered by Gardiner Houlgate (20% buyer’s premium) in the watch section of its horological auction in Bath on May 24 had one of the most scarce dials, the Explorer 369 ‘underline’. Remarkably, it was nonetheless the fifth such example the auction house had handled in the past year. The watch had a stainless steel case, stamped 5513, with calibre 1530 movement, later Mercedes hands and was dated c.1964. It had been bought by the vendor in 1976 and given an insurance valuation in 1989 of £1219. Now estimated at £80,000-120,000, it was knocked down at £135,000, the top price of the three-day sale.

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About Antiques Trade Gazette

Antiques Trade Gazette is the essential publication for everyone with a serious interest in art, antiques and collectables. Every week it is packed with up-to-the-minute news on the market, with individual items beautifully illustrated throughout. Since 1971 it has been the most reliable source of information on what is really happening at auctions in the UK and around the world. Each issue is filled with auction advertisements and detailed auction reports written by expert journalists. The Dealer’s Diary section keeps readers constantly updated on what is happening at the fairs and markets and in the galleries and shops. Market professionals and serious collectors throughout the world rely on ATG to keep them informed on developments and issues which shape the art market. It is here that they learn about the prices achieved at auction in every area - from antiquities to pop memorabilia, from impressionist paintings to Chinese art. With 500 or more art objects pictured, every issue is a treat to the eye and a visual education. Whatever the topic Antiques Trade Gazette is well-informed, up-to-date and entertaining.

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