Reference:5508
Submariner -> 5508
The 5508 is the last small-crown 100m Submariner without crown guards. Production runs 1958 to 1962 across the auction-house consensus (Sotheby's, Phillips, Bonhams). It is the small-crown counterpart to the big-crown 5510 (200m / 8mm crown), the cleanest mature expression of the 6204-era small-crown shape, and the reference where caliber 1530 grows through three jewel-count revisions (17 → 25 → 26 jewels) over the run. Sean Connery's on-screen Bond watch in Dr. No (1962) is the big-crown 6538, not the 5508 — Rolex Passion Report corrects the long-standing collector misattribution. The "James Bond Submariner" nickname attaches to the 5508 by collector convention rather than direct on-screen evidence.
Core facts
| detail | value |
|---|---|
| reference | 5508 |
| family | Submariner (no date) |
| production | 1958 to 1962 (Sotheby's, Phillips, Bonhams consensus); launch in 1957 |
| serial cluster | 361,650 (1958) → 489,831 (1959) → 762,896 (1962, II.62 caseback) → 764,524 (1962); rough envelope 360k–410k for 1958–59 jumping to 760k+ for 1962 |
| case | 37mm small-crown, no crown guards (later examples thicker through the case middle but still 37mm-class) |
| crown | 6mm Brevet — small crown, distinct from the 8mm big-crown 6538/5510 and the later 7mm guarded 5512/5513 |
| crown guards | none |
| movement | caliber 1530, automatic; jewel progression 17 → 25 → 26 across the run ; not chronometer-rated at launch |
| depth rating | 100m / 660ft, two-line layout (some 1959 onward four-line "Superlative Chronometer Officially Certified" variants documented) |
| crystal | acrylic |
| lume | radium → exclamation transition in 1962 (the underline transition is a 5512/5513 feature in 1963, not a 5508 feature) |
Where it sits in the line
The 5508 sits at the end of the small-crown 100m branch. It runs alongside the big-crown 200m 5510 (1958–59) and exits in 1962 just before the 5512 takes over with crown guards, a 7mm crown, and the chronometer-rated caliber 1560. From the 6204 / 6205 the 5508 inherits the small-crown identity but upgrades to the chronometer-grade caliber 1530, replacing the A260 of the earlier line. The A260 is itself a full-rotor uni-directional Perpetual — Rolex never produced a bumper caliber — but its thicker autowind module sits behind the bubble-back-era cases; the 1530 is the slimmer, bidirectional architecture refined out of the 1030 generation. The 5508 is the bridge between the early small-crown Submariners and the mature crown-guard family that defines the modern Submariner silhouette.
The 6mm Brevet small crown is the visual signature, distinct from the later 7mm standard introduced with crown guards on the 5512. The 6538's 8mm Brevet big crown carries the same Brevet stamp — the stamp distinguishes era, not size. The 5508 is the last mainstream Submariner where the case reads slim and proportional through the right-hand side without crown-guard volume.
Production outline
Production runs 1958 to 1962. Sotheby's and Bonhams catalogues both put the launch in 1958 as the replacement for the 6536/1; Phillips dates the latest production year at 1962 (lot CH080122/160, case 764,524). Le Monde Edmond gives a slightly earlier 1957 launch — capture as the minority view; auction houses converge on 1958.
Use case-back date codes alongside serials when assigning a build year — Rolex date-coded casebacks separately from serials. Phillips Geneva NINE 2019 lot 213 (case 361,650, "circa 1958") and Bonhams Feb 2018 lot 24627/98 (1959, 6251H rivet bracelet) anchor the launch period; Sotheby's Watches Online 2020 lot 37 (case 489,831, circa 1959) and Antiquorum Geneva 2020 lot 333-422 (case 490,575, circa 1958) populate the early-band cluster. The late cluster sits in the 762k–764k band: Phillips Hong Kong SPORTS 2019 lot 881 (case 762,896, II.62 caseback), Antiquorum Forte Dei Marmi 2021 (case 764,122, 1962), Antiquorum Monaco 2024 (case 764,196, 1962), Phillips Geneva XV 2022 lot 160 (case 764,524, 1962). Bob's general Rolex serial chart (1958 ~224k–328k, 1962 ~643k) under-shoots the 5508-observed serials because the head-stamping ran later than the catalog-year for this specific reference.
The 5508 belongs entirely to the gilt era — glossy black lacquer with gilt-coloured printing — through to the 1962 exclamation-dial transition that closes out production.
Movement notes
The 5508 introduces caliber 1530 to the small-crown line. Bonhams and Sotheby's catalogue copy is consistent: cal. 1530, automatic, 25 jewels is the standard count cited on most 5508 lots (Bonhams Dec 2023 lot 38, Bonhams Feb 2018, Sotheby's 2020 lot 37). Phillips lots run 26 jewels (CH080119/213 in 1958 and HK080219/881 in 1962), suggesting a jewel-count revision during the run. The cleanest published reading runs three steps — initial production at 17 jewels, then 25, then 26 — and that 17 → 25 → 26 progression is the figure to cite on this reference.
The 1530 is not chronometer-rated at launch. The chronometer-rated four-line "Superlative Chronometer Officially Certified" dial is therefore a later 5508 spec, not the day-one configuration. Le Monde Edmond confirms 1530 is "more modern and reliable" than the 6536/1's 1030. The chronometer-rated upgrade to caliber 1560 follows on the 5512.
Caliber 1530 shares the diameter of the earlier 1030 but was reduced to 5.75mm in height — a slimming that preserved case compatibility while sitting flatter inside the 5508's slim no-crown-guard case.
Dial map
Three named dial families on a 5508: two-line standard (depth + Submariner only), four-line "SCOC" (Superlative Chronometer Officially Certified, above 6 o'clock), and exclamation (the lume dot below 6 o'clock, marking the 1962 radium-to-tritium transition). The "six-line" dial that surfaces in some chrono24 chatter is not a 5508 spec; the four-line / two-line dichotomy is the correct framing. Underline dials are a 5512 / 5513 feature from 1963 — the 5508 was discontinued in 1962, before the underline convention started.
Standard two-line gilt
Glossy black lacquer dial with gilt-coloured printing, Mercedes hour and minute hands, lollipop seconds, two-line "Submariner / 100m=660ft" layout. Some examples carry a Singer manufacturer marking on the reverse, visible only with the dial removed; Singer was one of the principal Swiss dial suppliers to Rolex during this period, and the back-stamp is a useful provenance indicator on loose dials.
Four-line "SCOC" gilt
A subset of 5508 dials carry the "Superlative Chronometer Officially Certified" line above 6 o'clock — the four-line layout. Antiquorum's 2008 Revolution sale lot 204 explicitly catalogues a "Gilt Four Line" 5508; RolexHaven's 5508 SCOC sub-page documents the variant. The four-line dial coexists with the two-line dial during overlapping years rather than replacing it cleanly. The four-line spec accompanies the chronometer-grade running gear that arrived later in the 1530's life — consistent with the 17 → 25 → 26 jewel progression over the run.
Exclamation dial (1962)
Late-run 5508s carry an exclamation dot beneath the depth rating at 6 o'clock — a small luminous dot placed under the bottom of the bottom line. The dot is Rolex's first signal of the radium-to-tritium luminous transition, used briefly in 1962 before the underline convention took over on the 5512 / 5513 in 1963. The exclamation dial is the cleanest dial-side indicator that places a 5508 firmly at the tail of the run. Phillips Hong Kong SPORTS 2019 lot 881 (case 762,896, II.62 caseback), Phillips Geneva XV 2022 lot 160 (case 764,524), and Antiquorum Forte Dei Marmi 2021 lot 340-173 (chapter ring exclamation) anchor the 1962 cluster.
Tropical gilt
Tropical 5508 dials — black gilt that has aged to brown or chocolate tones — carry their own collector premium. Sotheby's Fine Watches 2023 lot 40 (case 400,505, circa 1958 tropical) and a documented 1959 example with serial 489,xxx are anchors. Tropical examples often pair with faded bezel inserts and original-fitment riveted bracelets.
Service dials
Rolex factory service replacement dials surface frequently on surviving 5508s. They tend to read cleaner than original dials of the same age — even lume, sharper printing, and modern radium / tritium specifications. A specialist service-dial example is documented. Service dials should be distinguished from third-party refinishes; the former carry consistent factory printing fidelity, the latter typically show even glow under UV without the radium speckle of period-correct lume.
Case, bezel, crystal, and crown
The 5508 case is small-crown and unguarded throughout. The 6mm Brevet crown is the diagnostic — distinct from the 6538/5510's 8mm big crown and the 5512/5513's 7mm guarded crown. The crown markings show the Rolex coronet alongside the Brevet cross, the same stamp Rolex used across the small-crown line through this period.
The acrylic crystal and rotating dive bezel carry over from the earlier 6204 lineage. The 100m depth rating shows the small-crown specification that runs from the 6204 forward — and is the last time that figure appears on a small-crown Submariner before the crown-guard generation lifts it to 200m on the 5512. The bezel insert reads gilt minute graduations on a black ground, with a luminous triangle at 12; a small subset of 5508 examples surface with the red-triangle insert (the 12 marker filled with red enamel or lacquer), but the standard production fitment is the all-black insert.
The caseback wears smooth without an external date stamp; the interior carries the reference and case number alongside the Roman-quarter date code (II.62 = Q2 1962, etc.). The interior date code is the cleanest single dating anchor for a 5508 — the serial alone runs later than the catalog-year for this specific reference.
Bracelets, end links, clasps, and packaging notes
Period-correct delivery bracelets on the 5508 split across three references depending on year and option. The earliest examples ship with the 6251H riveted Oyster (Bonhams Feb 2018, 1959 example with clasp 2/68 marking a service event but original-style fitment). The 7206 fixed-link riveted Oyster is the period-correct mainstream fitment — Bonhams Dec 2023 lot 38 documents a 1958 example with clasp 4/69, and Phillips Hong Kong 2019 lot 881 documents the 1962 fitment with end-link 64. The 6636 expandable riveted Oyster is the third documented original-delivery option — Phillips Geneva XV 2022 lot 160 (1962, clasp 4/64) and Phillips Geneva NINE 2019 (riveted Oyster with deployant clasp 1/58) anchor the 6636 fitment.
The 9315 folded-link Oyster is a post-1968 service replacement only — not period-correct for any 5508. Any 9315 on a 5508 marks a service swap. RolexHaven's bracelets page anchors the 1961 introduction of reference-stamping ("In 1961, the Swiss Rivet bracelets started to bear reference number stamps on the largest link at 12:00") — bracelets without the reference stamp predate that change. Clasp date codes are the cleanest single-component dating tool: a clasp dating later than the case head implies a swap or service-era replacement.
A 1962 example documented at Vintage Gold Watches with original presentation box is the only 5508 in the public record with surviving period packaging.
Bond association
The 5508 carries the "James Bond Submariner" nickname through collector convention. The on-screen Submariner in Dr. No (1962) is the 6538 big-crown — Rolex Passion Report states it directly: "a two liner Ref 6538 with non-dash insert bezel… Legendary movie shots have been made while Sean Connery was wearing his Ref 6538." Sotheby's and Bonhams still label 5508 listings as "Small Crown James Bond Submariner" because by collector usage, any no-crown-guard Submariner from the late-1950s / early-1960s is grouped under the Bond label. The original on-screen watch was the 6538.
Special branches
The 1962 exclamation cluster is the principal time-bound sub-branch — it ties the 5508 into the radium-to-tritium transition era and overlaps with early crown-guarded production on neighbouring references. The four-line SCOC variant is a chronometer-grade sub-branch within the 5508 that runs alongside the standard two-line dial. Tropical 5508s are a finish-state sub-branch rather than a separate variant.
Historical market and auction record
| Sale | Lot | Year | Serial | Variant | Hammer |
|---|---|---|---|---|---|
| Phillips Geneva NINE | 213 | 2019 | 361,650 | 1958 black gilt, red triangle insert | CHF 500,000 |
| Phillips Hong Kong SPORTS | 881 | 2019 | 762,896 | 1962 exclamation gilt, II.62 caseback, 7206/64 bracelet | HK$ 2,687,500 |
| Phillips Geneva XV | 160 | 2022 | 764,524 | 1962 exclamation, 6636 clasp 4/64 | CHF 132,300 |
| Antiquorum Geneva | 333-422 | 2020 | 490,575 | 1958 ghost bezel, rivet bracelet '63 | CHF 56,250 |
| Antiquorum Forte Dei Marmi | 340-173 | 2021 | — | 1962 chapter-ring exclamation gilt | EUR 33,750 |
| Antiquorum Monaco | 370-227 | 2024 | 764,196 | 1962 signature dial | est. EUR 20,000–40,000 |
| Bonhams | 24627/98 | 2018 | — | 1959 black, 6251H rivet | GBP 9,375 incl. premium |
| Bonhams | 28036/38 | 2023 | — | 1958 gilt, 7206 clasp 4/69 | est. GBP 15,000–20,000 |
| Sotheby's Watches Online 2 | — | 2020 | — | small-crown James Bond catalogue copy | |
| Sotheby's Fine Watches 5 | 40 | 2023 | 400,505 | 1958 tropical with 1960 papers | |
| Sotheby's Cologne | — | 2023 | — | 1962 small-crown James Bond | est. EUR |
The Phillips Geneva NINE 2019 result — CHF 500,000 hammer for a 1958 black gilt with red-triangle insert — is the headline figure for the reference. Phillips Hong Kong's 2019 exclamation gilt 1962 example at HK$ 2.687M is the second pillar. Tropical and SCOC variants sit at the upper-middle of the market; service-dial and refit examples settle at the lower end. The 5508 holds a specific market position — less famous than the 6538, less structurally important than the 5512, but the cleanest expression of the small-crown no-crown-guard Submariner in its most mature form.
Sources
- History of the Rolex Submariner — Part 2, The 55XX References and 1680 Date — Tom Mulraney (Monochrome, 2020)
- Grail Material: 1959 Rolex Submariner Ref. 5508 (Fratello)
- Inside the Rolex Submariner Reference 5508
- The Rolex Submariner Reference 5508 (& Sons)
- Rolex Submariner 6536/1 vs 5508 (Le Monde Edmond)
- The History of the Rolex Small and Big Crown James Bond Submariner (Rolex Passion Report)
- The Rolex Exclamation Mark (Rolex Passion Report)
- The Evolution of Rolex Luminous (Rolex Passion Report)
- Rolex Submariner 5508 — Geneva Watch Auction NINE lot 213 (Phillips, 2019)
- Rolex Submariner 5508 — Hong Kong SPORTS lot 881 (Phillips, 2019)
- Rolex Submariner 5508 — Geneva XV lot 160 (Phillips, 2022)
- Rolex Ref. 5508 ghost bezel — Antiquorum Geneva lot 333-422 (Antiquorum, 2020)
- Rolex Ref. 5508 chapter-ring exclamation — Antiquorum Forte Dei Marmi lot 340-173 (Antiquorum, 2021)
- Rolex Ref. 5508 — Antiquorum Monaco lot 370-227 (Antiquorum, 2024)
- Rolex Submariner 5508 — Bonhams lot 24627/98 (Bonhams, 2018)
- Rolex Submariner 5508 — Bonhams lot 28036/38 (Bonhams, 2023)
- Rolex Small-Crown James Bond Submariner Ref. 5508 — Watches Online 2 (Sotheby's, 2020)
- Reference 5508 Submariner James Bond Small Crown — Fine Watches 5 lot 40 (Sotheby's, 2023)
- Rolex Submariner Ref 5508 Small-Crown Tropical Dial Circa 1959 (Wanna Buy A Watch?)
- Rolex Submariner 5508 Service Dial (Loupe This)
- Rolex Submariner Ref. 5508 1962 Exclamation Dot Dial (Vintage Gold Watches)
- 5508 Red Triangle 1958 / 5508 Silver Depth 1958 / 5508 Tropical 1958 / 5508 SCOC 1959 / 5508 Final Batch 1962 (RolexHaven)
- RolexHaven Bracelets reference
- RolexHaven Luminous Material reference
- The Vintage Rolex Field Manual — Colin A. White, Morning Tundra