Gilt.com 5513 Rolex Submariner circ 1979

[jlee2081]

Hi all,

I'm a new user but have been an admirer of the Rolex watch for a very long time. I have the opportunity to purchase this 5513 Submariner off Gilt.com for $5300, no tax. It has a nice worn leather strap and appears to be in excellent condition. No papers or box noted, but it does come from a guarantee from Matthew Bain. The full details and pictures are below.

So, what do you think. Is this a good investment/purchase for a first time buyer? I could really use an expert opinion!

Thanks!!

FYI - the sale was curated by hodinkee (http://www.hodinkee.com/blog/2011/2/...-gilt-man.html)






Style Information #0255-24
1979 Rolex Stainless Steel Oyster Perpetual Submariner Watch.
* The Submariner 5513 is considered the iconic reference of Rolex sport model. It was made from the 1960s all the way through the end of the 1980s and it is one model that is always in demand. It is, quite simply, one of the most desirable Rolex models in the world as it represents tremendous value.
* This example of the 5513 dates to the late 1970s and features a "feet first" dial.
* The case is in excellent condition and the dial is original.
* Automatic movement, round screw back case, and black 660ft=200m dial.
* Luminous dot, rectangle and triangle markers.
* Mercedes/skeleton hands, center sweep second hand, and bi-directional rotating black bezel.
* Case diameter: 39mm.
* Aged black leather strap.
* One year warranty provided by Matthew Bain Inc. to be mailed out separately.

* This watch is a vintage piece, and the product will come as is in the photograph.
Brand: Vintage Watches
Color: n/a
Material: Stainless Steel
Origin: Imported

Authenticity Guaranteed:
We guarantee that Gilt is authorized to sell this product.
Every brand that we sell is the label it promises to be.

[MonBK]

All that matters is that you are happy with it.

Welcome

[cronin]

Originally Posted by MonBK

All that matters is that you are happy with it.

Welcome

x2. A watch should be worn for your benefit only. If you have been looking for 5513 like this than go for it!

[Yazo]

Seems kinda pricey for a matte feet 1st w/ no box and papers.

[Frogman4me]

Originally Posted by Yazo

Seems kinda pricey for a matte feet 1st w/ no box and papers.

+1

The last time gilt had a vintage sale I believe they were from Matthew Bain.