An ultra-rare Rolex auction that has been sitting in an owner’s drawer for decades could fetch 000120,000 when it goes on sale tomorrow.
Perthshire diving enthusiasts who wish to remain anonymous have acquired a government-released Rolex 5513/5517 military diver’s watch from Cliff-based antiquarian Nick Brewster. the.
Known as the MilSub, this watch was issued by the Department of Defense for former Royal Navy divers in the 1970s and was purchased by its current owner in the early 1980s.
Diving has since become a rare item until the frame collapsed during a 1996 dive and was put away in a dresser drawer.
But MilSub will be available tomorrow at Bonhams on New Bond Street in London for an estimated £80,000 to £120,120,000.
Nick Brewster, head of art and antiques, said:
The last original MilSub to hit the Bonhams London sales floor was £180,000 in February.
From 1971 to 1979, the Department of Defense believed that only 1,200 watches were released as basic standard equipment, primarily for use by Navy submarines and their major divers and demining personnel.
Today, it is estimated to be only 120 to 180.
Brewster said:
I wasn’t a jewelry or watch dealer myself, but at first glance this exquisite timepiece seemed like a standout.
“After some research, I discovered that this was the original Rolex Mill Sub, frameless and one of the rarest and most collectible watches around today.”
According to the auctioneer, the Rolex Tritium “T” submarine on the dial, sword hand, 60-minute frame, fixed rod, nylon belt, non-reflective body, and military sculpture on the back set it apart. . of Thousand Sub. Other Rolex submarine watches.
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Source: Metro
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