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Blancpain

It's possible...

 

... but I very much doubt it in the case of the first Fifty Fathoms. When Blancpain released that watch, they weren't producing anything else remotely similar (or anybody else, for that matter), so a model number wasn't really necessary. Most probably, they didn't expect the commercial success the watch had.

I think the numbers of the first model are consecutive according to the production line (of the cases at least):



Of course, later watches such as the Lip, Aqualung, etc. are a different story. Not to speak of the Air Command, in which case it may very well be as you suggest.

D.

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