$6,000
Air-King, Ref. 5500, Adwoc Logo Rolex, “Oyster Perpetual, Air-King, Precision”, Ref. 5500/1002. Made in 1980. Fine, center seconds, self-winding, water-resistant stainless steel wristwatch with a stainless steel Rolex Oyster bracelet. Three-body, polished and brushed, screw-down case back and crown, polished bezel. Matte silver with applied gold baton indexes and luminous dots, outer minute/seconds divisions, Adwoc logo at six. Luminous gold baton hands. Cal. 1520, rhodium-plated, 26 jewels, straight line lever escapement, monometallic balance, shock absorber, self-compensating Breguet balance spring. Dial, case and movement signed. Diam. 34 mm. Thickness 11 mm. Approx. overall length 190 mm. Notes The Arab Drilling & Workover Company (ADWOC) was founded in 1980 and is based in Tripoli. They specialize in oil and gas exploration in Syria and Libya and as an OPEC associated company have consulted for many foreign oil companies. The present watch is featured in “Rolex, Collecting Modern and Vintage Wristwatches”, Guido Mondani Editions, pg 213.
Auctioneer:
Antiquorum
Date:
2008-04-17
