Rolex

• cal. 1570 automatic nickel lever movement, mono-metallic balance, 26 jewels • black matte dial, luminescent triangular dot and baton indexes, magnified date aperture, Submariner printed in red, center seconds • stainless steel Oyster case, rotating black bezel calibrated for 60 units, screw-down case back • case, dial, movement and bracelet signed • with a stainless steel Rolex Oyster bracelet and folding clasp

Movement running at time of cataloging, however not tested for the accuracy of time and may need service at the buyer's discretion. Date advances correctly. Case in worn condition consistent with age and regular use. Nicks and scuffing overall. Dial in excellent original condition with patina and slight browning, some spotting below the center arbor. Movement with light loss of finish.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Accompanied by an assortment of original documentation, including Rolex Submariner triplock tag, original sales receipt, original guarantee and service guarantees. 

The present lot was purchased in 1973 by Julian Kean Roosevelt (1924-1986). Julian was the son of George Emlen Roosevelt, cousin to President Theordore Roosevelt, and was a prominent banker and Olympic gold medalist. A graduate of Harvard University, Roosevelt earned a gold medal in his second appearance at the Olympics in 1952, participating in the 6-meter yachting class, and later was a member of the International Olympic Committee.

Roosevelt's Rolex 1680 comes not only with outstanding provenance, but accompanied by a plethora of service documentation, original paperwork, and bills of sale. It is further complemented by several rare tags originally sold with the watch. It is interesting to note that correspondence regarding service to the 1680 dated to January, 1983 between Rolex Watch USA and Julian Roosevelt, mentions that factory servicing of the movement was completed, however a new bezel and insert were not added due to a back order on the parts. This service in 1983 cost $199.42, while the cost of the entire watch in 1973 was $249.97, only $50 more.