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Lot #4341

Rolex Submariner 5513 Cigarette 1 Racing Dial

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Introduction

Debuting in 1953 and released to the public the following year, the Rolex Submariner has undoubtedly become one of the most iconic timepieces of all time thanks to its legendary status as Rolex's flagship dive watch. Used extensively by the British Royal Navy and professional diving operations like COMEX, the Submariner set the bar for all dive watches to follow. Featuring a genuinely timeless design that has remained relatively unchanged throughout its history, the Rolex has become the archetypal sports watch. With very few large-scale aesthetic upgrades made to it over the years except for timely advancements like introducing a date function to the collection in the late '60s, and its modern cerachrom bezels, the Submariner is seen as the prototypical dive watch thanks to its consistency. The Submariner has earned its status as a legendary watch, with it today remaining as one of the most sought-after timepieces around.

The 5513 was produced from 1962 to 1988, and was the non-chronometer version of the non-date Submariner. There were a multitude of dial variants made over those 26 years, ranging from gilt chapter ring dials in the beginning to matte dials, then ultimately the glossy dials with white gold luminous surrounds. Offered here, we have what is believed to be one of only six Cigarette 1-cosigned Submariners in existence, with five of them being in steel like ours, and one in 18kt yellow gold. So the story goes, Don Aronow, the owner of Cigarette 1, a company that produced long hulled speedboats and also operated a racing team told the crew on one of his boats during a fishing competition that if they won they would all get a Rolex. As such, when they won they were each presented with a stainless steel co-signed Cigarette 1 ref. 5513 in stainless steel as we have here. The one gold example was Don’s. Regardless of the accuracy of the folklore behind these watches, it is certain that they are rare, seldom come to market, and special given Cigarette 1’s history as one of the world’s premier speedboat manufacturers.

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Grade

V 9

Status

Vetted & Approved

Included

Service Guarantee Dated 2020, Service Pouch

Est. value range

$20,000 – $30,000

The Details

Brand

Rolex

Dimensions

40mm

Model

Submariner

Movement

Automatic cal. 1520

Reference

5513

Bracelet

Stainless steel Oyster bracelet

Year

1986

Condition

Near mint

Material

Stainless steel

Included

Watch, service papers, and service pouch

Dial Color

Black

THE DIAL
THE DIAL

Boasting a black dial with 18kt white gold surrounds for its luminous hour markers and its Cigarette 1 logo at 9 o'clock, this ref. 5513 combines historical intrigue and folklore with the utility that made the Submariner so popular amongst those who needed a reliable dive watch.

THE CONSTRUCTION
THE CONSTRUCTION

Iconic in its styling and design, the Submariner 5513's beautiful stainless steel construction fits the wrist perfectly and with a certain aura of familiarity given the collection's relatively unchanged design since the ref. 5513 was discontinued in 1988.

TIMING MACHINE READOUT
TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

The watch is in near-mint condition. The steel case presents as near mint, having been fully serviced in 2020, with signs of previous polishing and light wear visible. The case back has some light marks. The bezel is well defined, and the black insert is virtually mark-free. The black dial is near mint, featuring the Cigarette 1 logo and original tritium lume that has aged to a warm cream tone. The hands are later Luminova replacements. The watch is fitted with a solid link Oyster bracelet with 501B end links, showing light marks and negligible play between the links. The bracelet currently fits a 7 1/4” wrist, and is fitted with 11 links, 1 of which is removable. The watch comes with a Rolex service pouch and service card dated 2020.

Our Perspective

An objectively rare watch with a folklore-like story behind it, these Cigarette 1 Racing dial Submariners are a mythical part of Rolex's heritage, with only six believed to exist, five of which being steel ref. 5513s such as this example here. No matter the exact story behind them or exact production numbers, they are a rare piece of vintage watchmaking nonetheless.

Eric Ku

Co-founder