Description: The 5512 Gilt chapter-ring for most series collectors is a grail sub. These are one of the earliest Submariners to receive crown guards. The crown guards themselves also are pointed as opposed to the curved ones that replaced them shortly after this run.  The lume is excellent and sits beautifully against a glossy black dial. There is slight patina on the gloss and this is rather normal and expected from this era of gilt. The gilt text that appears is actually the color of the dial as it is a negative relief. The minute hand appears to have been color matched at some point