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Submariner · 1990 to 2012

Rolex Submariner (No Date) 14060M

“Two-liner”

Grade B · 77/100Today's call: Value buy

B: solid, selective. Ranked #52 of 129 references in The Crown Index vault.

The money

Original retail (2005)$4,300
Market today$8,500 – $10,500
Vs original retail+121%
1-year trend+3%

The story

The last no-date Sub with an aluminum bezel and drilled lugs (early examples). Collectors call it the final 'tool watch' Submariner.

Two-line non-chronometer dials are the configuration purists want.

The last Submariner that looked like the old ones: aluminum bezel, no date, drilled lugs until 2003, and a dial with just two lines of text. When the 'M' added a chronometer certificate in 2007 the text grew to four lines, and purists mourn the two-liners accordingly.

This is the Sub that closed out an era in 2012; everything after has ceramic and broad shoulders. The neo-vintage crowd treats it as the last honest tool Sub, and its price has been quietly grinding up for a decade.

Our verdict: Underpriced classic. The cheapest way into a discontinued aluminum-bezel Sub.

Configurations

Sizes40mm
Case & bracelet materialOystersteel (stainless)
Factory braceletOyster
Factory bezelsBlack aluminum
Notable dialsBlack; pre-2007 'two-line' dials preferred
Caliber3130
Production1990 to 2012 (discontinued)

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Sub Date · ANo-Date Sub · BHulk · AKermit · A