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Submariner · 2012 to 2020
“Ceramic No-Date”
Grade B · 77/100Today's call: Value buy
B: solid, selective. Ranked #57 of 129 references in The Crown Index vault.
| Original retail (2019) | $7,500 |
|---|---|
| Market today | $10,000 – $11,500 |
| Vs original retail | +43% |
| 1-year trend | +3% |
The purist's ceramic Sub in the classic 40mm case, discontinued when the line went to 41mm.
Collectors increasingly single out the 40mm ceramic generation as the sweet spot: modern materials, classic proportions.
The ceramic no-date Sub, the purist spec in the modern case. Its dial carries just two lines of text at 6 o'clock, which the faithful consider the correct number.
Discontinued in 2020 after an eight-year run, short for a Submariner. It's the newest 'last of' reference in the Sub line: last 40mm no-date, last of the slimmer ceramic cases, and the premiums those 'lasts' earn are already forming.
Our verdict: The quiet value Sub. Discontinued, liquid, and still under its 2022 peak.
| Sizes | 40mm |
|---|---|
| Case & bracelet material | Oystersteel (stainless) |
| Factory bracelet | Oyster |
| Factory bezels | Black Cerachrom |
| Notable dials | Black, Maxi |
| Caliber | 3130 |
| Production | 2012 to 2020 (discontinued) |
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