Rolex Oyster Perpetual ‘Date’ 18ct Pink Gold 1956


100% Genuine & All Original

Fully Restored, Serviced & Guaranteed

A Beautiful, Well Cared for and Lightly Used Example

Large Size 34.5mm, not including the Rolex Oyster Crown

Rolex Model 1503 Oyster Perpetual, Swiss 18ct Pink Gold Case

Rolex Chronometer Grade Cal.1560, 26 Jewels Automatic Movement

Immaculate 18ct Case, Early Fluted Bezel, Case-Back & Lugs

Beautifully Restored Silver-White Dial With Date Function

New Crocodile Strap with Gold Plated Rolex Buckle

Inner & Outer Rolex Presentation Boxes Included

All in Simply Stunning Condition Throughout

VGWL Lifetime Authenticity Guarantee

VGWL 12 Months’ Written Warranty*

Free UK Special Delivery

Free Worldwide FedEx Delivery

Sold 16th Dec '19
VGW Reference: R826
Price £6,750 Sold


Out of stock

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Founded in 1905 in England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, the partnership became known as the Rolex Watch Company in 1915, and moved to its new Geneva headquarters in 1919. The success of the wristwatch can be largely attributed to many of Rolex’s innovations which made the company one of the most respected and well-known of all luxury brands. These have included its famous “Oyster” case — the world’s first water-resistant and dustproof watch case, invented in 1926 — and its “Perpetual” — the world’s first reliable, self-winding movement for the wristwatch, launched in 1933. These would form the foundation for Rolex’s Oyster Perpetual collection which included the Datejust and Day-Date, respectively introduced in 1945 and 1956. Also and equally importantly, Rolex is known for its sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.


A very rare and highly attractive Rolex Oyster Perpetual Chronometer in 18ct Pink Gold from 1956. This Rolex model reference 1503 has the most beautifully elegant case, with an early 1950s silver-white dial and original Dauphine hands, which pair perfectly with the baton hour indices. At 34.5mm diameter, not including the crown, this is quite a large sized watch by 1950s standards and the watch case has the much more subtle, early fluted bezel.

The original Rolex Calibre 1560, 26 Jewel Chronometer grade movement is superbly accurate and reliable even by current day standards. The watch has just completed a full restoration by ourselves and as can be seen, the movement is sparkling clean following its overhaul and service by our vintage Rolex specialist watchmaker.

The Dial

This is the classic Rolex Oyster Perpetual ‘Date’ dial of the late 1950s which is beautifully clear and simple. The silver-white dial contrasts beautifully against the pink gold watch case, pink gilt baton hour indices, and Dauphine hands. Just perfect.

The lens has been replaced with a new Rolex original and so this is completely clear and unmarked.

This is the original dial which has been restored to the highest standards by our dial restorers who are considered to be the best in the UK.

The Movement

The watch carries its original very high grade ‘Superlative Chronometer’ Calibre 1560, 26 Jewel automatic movement which is in sparklingly clean condition. The movement has been fully overhauled which involves fully dismantling, ultrasonic cleaning, microscope inspection and replacement of parts as required, only with new originals, then careful reassembly and oiling ready for final testing and careful calibration. The watch is now running perfectly having been calibrated and timed at +8 seconds per day and is now ready for many more years of reliable service. This movement has a 48 hour power reserve when fully wound.

The movement is all correctly signed ‘MONTRES ROLEX SA GENEVA’, ‘SWISS’, and ‘TWENTY SIX JEWELS’ with the Calibre number 1560 and the reference number D56956. These Chronometer grade movements are very strong, very accurate and very reliable making this watch perfectly suitable for evening wear and everyday use. This particular movement is in superb A1 condition and with regular servicing, every 3 – 4 years, we would fully expect this watch to run happily for many more years to come! We are pleased to offer a 12 month warranty on this watch movement*.

*Please note – our 12 month warranty is only applicable if the list price is paid.

The Case

During the 1950s, fewer than 1 in 100 gold 1950s Rolex Oyster Perpetuals were made in pink gold. So today, these watches are very rare and highly sought after and while they command a significant premium, as ever, it seems the rarest and most sought after examples seem to climb the most in value.

The case measures 34mm in diameter, excluding the original Rolex Oyster screw-down crown. The case, case-back and early fluted bezel are all in superb condition with no marks or scratches visible to the naked eye. The early sought after fluted bezel is much more subtle and attractive than later fluted bezels. The watch case has seen only very light use and has been very well cared for so following close inspection and cleaning, the case has simply required a gentle hand-polish to bring the watch to almost new condition once again. The outside of the case-back has never been engraved and importantly, it is of its original thickness.

Inside the case-back, the markings are all correct for a Rolex Geneva Swiss made case. It is signed MONTRES ROLEX S.A, GENEVA SWITZERLAND, with the correct Geneva Swiss 18ct gold hallmarks and the model number 1503. The model number can also be clearly found on the outside of the case between the lugs at 12 o’clock. The case serial number 49338, which is very clear, is found on the outside of the case between the lugs at 6 o’clock and dates the watch to 1956.

The case has the screw-down Rolex Oyster crown and screw-down case-back, each complete with new rubber seals. Although this watch was specified as waterproof when new, this has not been tested and it is not guaranteed.

As ever, our standard advice applies, vintage watches should be kept clean and dry at all times.

The Strap & Buckle

A new, high-quality dark brown Crocodile strap has been fitted, along with a matching gold-plated Rolex buckle. However, if a different colour or style of strap is preferred, please let us know and we will do our best to oblige free of charge. We carry tan, conker, dark brown and black in stock in plain padded leather, crocodile skin or lizard skin and can also obtain most types and colours of strap, from our partners at ‘Watch Obsession’ within 48hrs. Please take a look at their huge range of 19mm straps if you wish, here.

The Box and Papers

Although there are no original papers with this watch, the reference numbers, markings, signatures and hallmarks are all correct, dating this watch to 1956. Detailed particulars will be included with the receipt, along with our 12 months’ warranty*. A separate insurance valuation for the replacement value of this watch will also be provided at the time of sale, along with our unique ‘Lifetime Authenticity Guarantee’ which states: “If this watch proves to be anything less than totally authentic, or not as described, Vintage Gold Watches of London will offer you a full refund at any time”.

The matching Rolex Oyster inner and outer presentation boxes as shown in the photographs are included in the sale.

In Conclusion

This is a truly first class and rare example of a mid-1950s vintage Pink Gold Rolex Oyster Perpetual ‘Date’ which is ready to wear and completely practical for everyday use. If treated with care, this will make an excellent investment or heirloom piece and even though vintage gold Rolex prices have risen markedly recently, we still feel excellent examples such as this, are still undervalued. As each year goes by and the world market for vintage gold Rolex watches continues to expand, prices will continue to climb ever higher.

A word about our prices – We always try our hardest to acquire the very best quality watches we can find before restoring these to the highest possible standards. We then offer these at the fairest prices we can, taking into account our pre and post sales care and service. This approach inevitably means we will never be the cheapest, but nor will we be the most expensive. Indeed there are a number of well known stores in West London which are very successful, charging between two to three times the price you see here. We therefore consider our prices to be fair, given the quality of watches we have to offer.

We are happy to accept PayPal as this is the quickest method of payment. However, if you choose to pay by UK bank transfer, we will be pleased to pass on a 3% transaction saving to you. Please contact us to reserve the watch and request our bank details. Similarly, if you wish to pay by International SWIFT or International Bank Wire Transfer, we will provide you with our BIC / Swift number and our IBAN number.

Please note, we welcome part exchanges and if you have a watch or small collection for sale, please contact us as we will be happy to discuss this.

We will be happy to Service, Repair, or Restore your watch, all at ‘sensible’ prices. Please see here.

If you have any questions, please call our landline 020 7727 7095 or mobile 07515 949 250 or if calling from overseas our landline number is +44 207 727 7095 or mobile +44 7515 949 250.

We will be happy to answer any questions and offer advice about this or any of our watches listed for sale. If you would like some general advice regarding any aspect of vintage watches, including buying, selling, or collecting, we will also be very happy to hear from you. We await your call!

Finally, please enjoy some time spent viewing our other fine Vintage Gold Watches!

Thank you.