There is no better way to describe this watch than exceptionally well preserved. The watch is just stunning in every single way. The case's proportions are amazing and correct overall with the caseback remaining unpolished. The dial is by far the best I have seen with its huge lume plots and no mass loss on either dial or hands. The watch has a 78350 later production bracelet dated 1980.
 
Details:
 
Brand: Rolex
Model: Air-King
Reference: 5500
Year: 1969
Material: Stainless Steel
Dimensions:  34mm
Crystal:  Plexiglass
Movement: Automatic  
Bracelet/Strap: Original Rolex 78350 Oyster Bracelet with 557 End Links Dated 1980
Box/Papers: No/No