The Rolex Submariner. The name alone evokes images of daring underwater exploration, rugged masculinity, and timeless elegance. But for those captivated by this iconic timepiece, a crucial question often arises: what did a Rolex Submariner cost in its early years? Specifically, how much did a 1964 model set you back? Pinpointing the exact price in 1964 requires a journey through history, considering variations in models and the fluctuating value of currency. This article will delve into the fascinating price history of the Rolex Submariner, focusing on the 1964 models and exploring related models and their significance.
The Genesis: Before the 1964 Submariner
To understand the price of a 1964 Submariner, we must first acknowledge its lineage. The reference 6204, introduced in the early 1950s, holds the title of the very first Rolex Submariner. Precise pricing from this era is difficult to ascertain with complete accuracy due to limited historical records and variations in currency exchange rates. However, it's safe to say that the original Submariner was a relatively expensive watch, representing a significant investment for the average consumer. It was a tool watch, designed for professional divers, and its robust construction and reliable movement justified its cost. The price, while not precisely documented, was undoubtedly substantially lower than today's market values, reflecting the lower cost of materials and labor at the time.
1964 Rolex Submariner Price: A Range of Possibilities
The year 1964 saw several key Submariner models in production, complicating the task of determining a single price. The most prominent models of the era were the reference 5512 and the reference 5513. These models differed in several key aspects, including the movement used and the presence of a date function. The absence of a date complication in the 5512 significantly impacted its production cost and, consequently, its retail price.
While precise pricing records from 1964 are scarce, estimates suggest that a new Rolex Submariner reference 5512 would have likely cost somewhere between $150 and $200 USD. This is a rough estimate, and the actual price could have varied depending on the retailer, location, and any additional features or customization. The reference 5513, with its added date function, would have likely been slightly more expensive, perhaps in the range of $175 to $225 USD. It's crucial to remember that these figures are approximations based on historical data and adjusted for inflation. The purchasing power of the dollar in 1964 was significantly higher than today's, meaning these prices represented a considerably larger investment then.
Vintage Rolex Submariner 5512: A Collector's Dream
The Rolex Submariner reference 5512 holds a special place in the hearts of collectors. Produced from 1959 to 1980, this model is highly sought after for its clean, uncluttered dial and its robust, reliable movement. Its absence of a date window gives it a more minimalist aesthetic, appreciated by many purists. The 5512's enduring popularity has contributed significantly to its value in the vintage market. A well-preserved 1964 5512 today commands a price far exceeding its original retail value, often reaching tens of thousands of dollars, depending on condition, box and papers.
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