The Rolex Submariner, a name synonymous with diving prowess and enduring style, holds a special place in the hearts of watch enthusiasts. Within the vast Submariner lineage, certain models and years command particularly high prices in the collector market. This article focuses on understanding the value of a 1973 Rolex Submariner with "red" lettering on the dial, exploring the factors influencing its price and comparing it to similar models from the era. However, it's crucial to clarify upfront that the provided information (GMT-Master ref 16700, Serial W803XXX, Year 1995) refers to a different Rolex model entirely and is not relevant to a 1973 Submariner. We will focus solely on the 1973 Submariner Red Letter.
Understanding the "Red" Lettering
The "red" lettering on a 1973 Rolex Submariner refers to the color of the text on the dial. Specifically, it points to the "Submariner" and often the "Officially Certified Chronometer" text being printed in red. This detail, seemingly minor, significantly impacts the watch's collectibility and, consequently, its price. Earlier Submariners, especially those preceding the 1970s, often featured different dial variations, with some using white or other colors for this text. The red lettering on the 1973 models became a defining characteristic, and these watches are highly sought after by collectors.
Factors Influencing the Price of a 1973 Rolex Submariner Red Letter
Several factors combine to determine the precise value of a 1973 Rolex Submariner with a red dial:
* Condition: The overall condition of the watch is paramount. This encompasses the case, bezel, crystal, dial, hands, and movement. A watch in pristine, unpolished condition with its original parts will command a significantly higher price than one showing signs of wear, scratches, or replacements. The presence of original box and papers further enhances value.
* Dial and Hands: The dial's condition is crucial. Any discoloration, fading, or damage will negatively impact value. The originality of the dial and hands is also critical; replacement parts will lower the price. The specific shade of the red lettering can also vary slightly, further influencing desirability amongst collectors.
* Case and Bezel: The case should show minimal wear, with sharp edges and lug holes. Any signs of significant polishing will reduce value. The bezel insert should be original and in good condition, with crisp markings.
* Movement: The calibre of the movement (likely a 1520 or 1530 in a 1973 Submariner) must be functioning correctly and ideally untouched, with no service marks that might indicate tampering or repairs. An original movement significantly increases value.
* Reference Number: Different reference numbers within the Submariner line (e.g., 5513, 5512) will affect pricing. While all are desirable, certain references are considered rarer or more historically significant, pushing their value higher. The 5512, for instance, is a highly sought-after model known for its slimmer case.
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