The Rolex Oyster Perpetual Submariner. The name alone conjures images of daring underwater exploration, rugged durability, and timeless elegance. While a brand new 2022 41mm model commands a significantly higher price, the allure of a vintage piece, such as a 1963 Submariner, offers a unique blend of history, craftsmanship, and often, a surprisingly accessible entry point into the world of Rolex collecting. This article delves into the world of the 1963 Rolex Oyster Perpetual Submariner, exploring its historical significance, its current market value (with a focus on the stated $2,800.00 price point), and comparing it to the price landscape of modern Submariners available on the Rolex Submariner official website and via other price guides.
A Glimpse into History: The 1963 Submariner
The year 1963 marks a significant period in the evolution of the Submariner. While the exact specifications vary depending on the reference number (which is crucial for accurate valuation), a 1963 Submariner would likely represent a transitional phase in the model's development. The early 1960s saw Rolex refining the Submariner's design and functionality, leading to improvements in water resistance, durability, and overall aesthetics. Features to look for in a genuine 1963 Submariner would include:
* Case Size: Likely a 36mm or 38mm case, significantly smaller than the modern 41mm models.
* Dial: The dial would offer unique characteristics depending on the specific reference. Variations in font styles, marker types (lume plots, etc.), and the presence or absence of a date window are critical factors impacting value. Original radium lume would be a key identifier, although it's important to be aware of potential dangers associated with handling vintage radium.
* Movement: The calibre would likely be a manually wound movement, offering a classic and reliable performance.
* Bezel: The bezel would be a key identifying feature, with its design and material offering clues to the specific reference number and condition.
The $2,800.00 Question: A Realistic Price?
A price of $2,800.00 for a 1963 Rolex Oyster Perpetual Submariner requires careful consideration. While significantly lower than the price of a new Rolex Submariner date 41mm oystersteel, or any modern Rolex Submariner with date price, it's crucial to understand that this price point suggests a watch requiring significant attention. Several factors could contribute to this lower price:
* Condition: A watch in this price range is highly unlikely to be in pristine, unserviced condition. Expect signs of wear, scratches, and potentially a faded dial or bezel. The movement might require servicing, adding to the overall cost of ownership.
* Authenticity: The most important factor is verifying the authenticity of the watch. A seemingly inexpensive Submariner could be a counterfeit, leading to significant financial loss. Professional authentication from a reputable watchmaker or appraiser is essential.
* Missing Parts: The watch might be missing original parts, which can significantly reduce its value. Replacement parts, particularly for vintage watches, can be costly and difficult to source.
* Service History: A lack of documented service history increases the risk of unforeseen repair costs.
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