Today we will continue to talk about the Part II of our look at the difference between a five-figure Submariner replica and a six-figure one. It seems the smallest of details that make the biggest impact as with most vintage Rolex watches.  
When the first batch of Rolex Submariner fake watches came out, they came without chronograph functions. Therefore, they only included two lines of text leaving behind the ubiquitous “Superlative Chronometer Officially Certified” text. However, Rolex equipped the Submariner 5512 with a chronometer-certified movement in the end, as a result, added the additional two lines of COSC text.
While all two-liner Submariner 5512 models have glossy dials and gilt text, depending on the year, four-liner versions can either come with a glossy/gilt dial or a matte dial with white printing. Because of their age and rarity, two-liner rolex Submariner watches versions are typically much cheaper than four-liner editions.
A closer look at different dials of the vintage Rolex Submariner model reveals that Rolex changed up the placement of the depth rating. Early editions included meters first where the dials indicate 200m = 660ft. Rolex later switched it up to have the feet rating first where the dials indicate 660ft = 200m. There are two-line and four-line versions of the meters first Submariner 5512.
What’s more, because meters first versions came first and were in production for a shorter amount of time as expected, they are often more expensive than feet first editions.
Apart from the various depth rating configurations, the “SUBMARINER” placement on the ref. 5512 also changed during its manufacturing run. The SUBMARINER label on the dial always came after the depth rating until the mid-1970s when Rolex began placing it above the depth rating. This became the standard and now, the SUBMARINER label is always placed before the depth rating and SCOC text.
While a quarter of a million dollars is surely at the top of the price range for a Submariner model, the value of this special vintage Rolex watch model has risen steadily.
Remember that this replica Rolex watch is substantially less common than its sibling non-chronometer reference, the Submariner model. Some estimates say that Rolex manufactured five times more Submariner models than other models. What is certain is that the rolex Submariner watch is a milestone Rolex model that introduced crown guards and a larger 40mm case size to diving watch family—both of which are still found on today’s Submariner models.