Submariner, Ref: 5508, Circa 1962 — Rolex. A stainless steel automatic bracelet watch with gilt dial

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Estimate: £15,000–£25,000 hammer ≈ $19,709–$32,849
Result
Performance
Sale: Bonhams — Fine Watches, London, New Bond Street · 11 December 2020
Record ID: TB-2026-710423
Record: first seen 21 Jul 2026 · updated 21 Jul 2026 · source ↗
Cite this record: TB-2026-710423 — https://thebasis.art/cite/TB-2026-710423

Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial, Submariner, Ref: 5508, Circa 1962. Bonhams, 11 Dec 2020, lot 9. bought in (did not sell). TheBasis.Art, TB-2026-710423.

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Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial, Submariner, Ref: 5508, Circa 1962. Bonhams, 11 Dec 2020, lot 9. bought in (did not sell). TheBasis.Art, TB-2026-710423.

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From the same sale Fine Watches · Dec 2020

Lot	Artist	Estimate
Cosmograph Daytona, Ref: 116519, Circa 2008	Rolex. A Fine 18k White Gold Automatic Chronograph Wristwatch	£12,000–£18,000
Double Red Sea Dweller, Ref: 1665, Circa 1972	Omega. A Stainless Steel Automatic Calendar Bracelet Watch	£25,000–£35,000
Cosmograph Daytona, Ref: 116500LN, Purchased 5th December 2016	Rolex. A Stainless Steel Automatic Chronograph Bracelet Watch	£12,500–£18,500
Ocean Biretrograde, Ref: OCEABI36-2, Purchased 23rd September 2016	Harry Winston. An 18k Rose Gold And Diamond Set Automatic Calendar Bracelet Watch With Mother Of Pearl Dial	£20,000–£30,000
Cosmograph Daytona, Ref: 6239, Circa 1970	Rolex. A Stainless Steel Manual Wind Chronograph Bracelet Watch With Red Daytona	£35,000–£45,000
Conquistador King, Ref: 10000 K CC NR, Limited Edition No.08/12, Purc…	Franck Muller. A Limited Edition Black Dlc Coated Stainless Steel Automatic Calendar Chronograph Wristwatch To Be Sold In Aid Of Charity	£6,000–£8,000

Comparable results nearest sold works, same medium & price band

Artist	Lot	Result USD, incl. premium	Sale
Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial	Submariner, Ref: 5508, Circa 1962	$29,139	Bonhams, Feb 2022
Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial	Explorer, Ref: 1016, Sold 26th June 1965		Bonhams, Dec 2019
Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial	Submariner, Ref: 6536-1, Circa 1958		Bonhams, Feb 2019
Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial	Oyster Perpetual Submariner, Ref: 6536/1, Circa 1957		Bonhams, Dec 2020
Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial	Submariner, Ref: 6536-1, Circa 1956		Bonhams, Sep 2023
Omega. A Stainless Steel Automatic Calendar Bracelet Watch	Explorer II, Ref: 1655, Circa 1973		Bonhams, Aug 2020
Omega. A Stainless Steel Automatic Calendar Bracelet Watch	Single Red Submariner, Ref: 1680, Circa 1971		Bonhams, Sep 2025
Rolex. A Stainless Steel Automatic Bracelet Watch With Gilt Gloss Dial	Submariner, Ref: 5513, Circa 1966		Bonhams, Aug 2020

The closest sold results by price, artist, and medium — the appraiser's comp set, generated from the corpus. All figures converted to USD at current reference rates.