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This is a rare CANADIAN version ROLEX EXPLORER PRECISION dating to 1963. These ROLEX watches are commonly referred to as the “Dress Explorers”; as they have a solid 14k. gold bezel and winding crown. The correct reference 5501 stainless steel ROLEX OYSTER case dates the watch to 1963. As many know the reference 5500 (steel) and 5501 (two-tone) also appear in the ROLEX AIR-KING line of watches from the same era. The EXPLORER versions are (of course) much rarer of the two types. The case on this EXPLORER measures 34mm. and houses a recently cleaned and overhauled (reliable) caliber 1530, rotor, automatic winding movement; which is keeping accurate time. The ORIGINAL silver dial on this EXPLORER is as clean as you ever find. The original raised gold markers and original Dauphine hands complete the look. These watches are currently UNDERVALUED in my opinion.