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The Rolex Submariner is a true icon — and the word "icon" does get thrown around an awful lot. If you were to ask ten people at random to draw you their idea of a watch looks like, chances are they would draw or describe something that looks like a Rolex Submariner. It’s the dive watch of reference, and good/bad/indifferent there is no escaping it. Throughout its 70-year production, there have been countless small changes made to the model, with the Reference 5512 representing a very interesting period in the Submariner story.
The Ref. 5512 was originally sold alongside the 5513 as an up-market chronometer certified version of the venerable dive watch icon. During its production run, the 5512 series transitioned from the glossy gilt dials of the early 1960s, to matte dials in the later examples — as well as a bevy of different case and crown guard shapes.
The piece that we have here is a matte dial example dating to circa 1967. It is known within the collector community as a 'Meters First' 5512 for its printing of the depth rating on the dial beginning with meters, followed by the equivalent in feet. This is the only execution of matte dials with this configuration. This example comes to us in outstanding overall condition. The case has been professionally restored to factory specification, with correct finishing and gorgeous prominent chamfers on the lugs. It shows light signs of wear throughout with a few additional scuffs. The bezel assembly appears to be unpolished, retaining defined finishing and shows matching wear. The insert inside is a correct 'MK3' unit and it exhibits a very attractive navy blue fade and has a gently patinated Tritium pip. Inside, the 'Meters First' dial is beautifully preserved — seemingly devoid of any wear or imperfections. The Tritium plots are 'puffy' and exhibit a light and even patina throughout, and the handset matches perfectly. Last but not least, this piece comes fitted to a correct 'rivet' Oyster bracelet with a signed blade clasp.
For many of us, this is what vintage is all about: subtle details, honest condition that tells a story, and uniqueness in wear/patina. This one embodies all of the above!
Condition Report & Details
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Shipping, Returns, & Warranty
Every Oliver & Clarke timepiece comes with a one-year mechanical warranty starting from the date of delivery. We ensure all watches are in wonderful working condition and are ready for daily wear. Many have been fully serviced by our team of watchmakers.
Please note:
- Due to the vintage or antique nature of many of our watches, they may not keep time as accurately as when new, nor as precisely as quartz or electronic devices.
- We do not guarantee water resistance and do not warranty against moisture or water damage. Deliberate exposure to water or steam is not recommended.
Warranty Exclusions:
- Internal or external damage caused by accidents, mishandling, abuse, modifications, or services performed by anyone other than our authorized personnel.
- Our warranty is non-transferable.
The Oliver & Clarke Guarantee
At Oliver & Clarke, we meticulously vet each watch to ensure its authenticity and quality. Your satisfaction is our top priority, and our mission is to help you find the perfect timepiece. If you have any questions, we are here to assist you promptly.
Our Guarantee:
- Each timepiece is thoroughly evaluated, authenticated, and approved by our expert team before it is offered for sale.
- We guarantee the period-correctness of all components unless otherwise stated.
- The authenticity of each watch is guaranteed in perpetuity.
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"As collectors themselves, Oliver and Clarke are on a mission to make buying vintage watches as painless as possible."

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From Rolex & Patek Philippe, to Cartier & Audemars Piguet. As collectors first, we love the small details that separate the Submariner from Daytona and Calatrava from Royal Oak. This is why you'll find our curated assortment spans decades of generations of models and brands. We believe that watches don't just tell time, they tell history - and life is too short to wear a boring watch.
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