Rolex Oyster Perpetual Date Model Ref. 1503 18ct 1958

£6,950

100% Genuine & All Original

Fully Inspected, Serviced & Guaranteed

All in Simply Stunning Condition Throughout

A Very Carefully Owned & Lightly Used Example

Size Large 35mm, Excluding the Screw-Down Rolex Oyster Crown

Absolutely Mint Condition Rolex Oyster Perpetual Date Model Ref 1503

Immaculate 18ct Yellow Gold Case With Plain Bezel in Sparkling Condition

Chronometer Grade Cal.1560, 26 Jewels, Automatic Movement Running Arrow Straight

Original, Unrestored ‘Sunburst’ Champagne Dial with Original ‘Stick’ Hands

Genuine Rolex Dark Brown Leather Strap and Rolex Gold-Plated Buckle

All in Absolutely Top Grade Original Unrestored Condition

Rolex Presentation Box Included, as Shown

VGWL Lifetime Authenticity Guarantee

VGWL 12 Months’ Written Warranty*

Free Worldwide FedEx Delivery

Free UK Special Delivery

VGW Reference: R1574
Sold 19th Sept '22
Price £6,950 Sold

£6,950

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Rolex

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, moving 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 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.

During the 1930s and ’40s, Rolex also became quite masterful at courting tremendous publicity and excitement through literally being ‘on hand’ during numerous record-breaking events. These were, for example, swimming the English Channel (1927), breaking the world automobile speed record (300mph, 1935), breaking the sound barrier (1947) and climbing Everest for the first time in 1953. No matter how well orchestrated these events came to be, we have to admire Rolex for becoming masters of self-promotion and capitalising on every opportunity with simultaneous worldwide marketing campaigns.

Of course, Rolex is now so ubiquitous it is almost its own kind of its currency. A Rolex is the watch you want on your wrist when you’re in a Third World country when revolution breaks out and there’s only one seat on the plane – and there’s a guy standing there with a machine gun! You give him a Rolex and he’ll give you the seat!

Description

Here we have a truly first-class example of a gentleman’s 18ct vintage Rolex Oyster Perpetual Date dress watch from 1958. This watch has seen very little use and has therefore required very little work to bring it back to its current, immaculate condition. This is Rolex model reference 1503, with the Rolex Cal.1560, 26 Jewel, Certified Superlative Chronometer Grade (highly accurate and highly reliable) automatic movement, which has just received a full overhaul and service. The case measures 35mm in diameter, excluding the Rolex screw-down Oyster crown.

The Dial

The completely original, unrestored and untouched ‘sunburst’ champagne dial is in the classic Rolex Oyster Perpetual style and simply exudes quality. It is furnished with the original ‘dauphine’ hands which sweep wonderful gold ‘baton’ hour indices. We think the wonderful colour of the dial matches absolutely beautifully with the 18ct yellow gold case.

The dial carries the perennial Rolex Coronet at 12 and a date function with the ‘Cyclops’ bubble. It is signed ‘Rolex Oyster Perpetual Date’ and ‘Superlative Chronometer Officially Certified’ with ‘Swiss’ at the very bottom.

As this dial is in original, unrestored condition, this has been left untouched by our restoration team due to its superb condition. Usually, we restore the dials of the watches we sell, however we decided in this case to leave it alone, due to its unusually good condition and to retain its originality and charm for those who prefer this. It also helps to contrast with almost all of the other watch dials you see on our website, which have been restored. The hands, likewise, have also been left in their original untouched condition.

Please note, studio lights, professional-grade digital cameras, and macro lenses can be very unkind to an unrestored vintage watch dial. Also the dial here measures less than 1.25 inches across, so the image you’re seeing may be between 5 – 25 times larger than the watch itself. Therefore please keep in mind you are seeing many tiny flaws which cannot be seen, or will be very hard to see with the naked eye, even under close examination. Suffice to say, on the wrist, in natural light, this dial looks much better and carries a great deal more charm than the photographs portray.

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 and serviced by our watchmaker. This means it has been fully dismantled to all its component parts, before ultrasonic cleaning, microscope inspection and replacement of parts with new originals where required. Then careful reassembly and oiling ready for final testing and calibration. The watch is now running perfectly having been calibrated and timed at +10 seconds per day, which is truly outstanding for any watch of this age. It is therefore ready for many more years of reliable service. This movement has a 44 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 D27958.

These Chronometer grade movements are very strong, accurate and 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 Watch Case

The 18ct yellow gold case is in tip-top condition and measures 35mm, excluding the original Rolex signed Oyster screw-down crown which would have been considered a large sized gentlemans wristwatch for the 1950s. This case also carries a wonderful plain bezel.

The case has been professionally cleaned and carefully inspected, and required only light polishing. It is in superb condition with no scratches, dings or other damage, visible to the naked eye.

Inside the case-back, all the markings are as expected and correctly signed ‘Montres Rolex SA Geneva Switzerland’, along with Geneva Swiss 18ct hallmarks and the model reference number 1503. The watch also carries a very clear case serial number 936080 between the lugs at 6 o’clock which confirms the date of manufacture of this watch as 1958. Between the lugs at 12 reads ‘Registered Design’ and ‘Registered 1503’.

Please note – even though this watch was specified as waterproof when new and the rubber seals have been replaced on the case-back and crown, the water-resistance of this watch has not been tested and is not guaranteed. As ever, our standard advice applies: Vintage watches should be kept clean and dry at all times.

The Strap & Buckle

This watch has been fitted with a Genuine Rolex dark brown leather Strap with 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. We can also obtain most types and colours from our partners at ‘Watch Obsession’ within 48hrs. Please take a look at their huge range of straps if you wish here.

The Box and Papers

Although there are no original papers with the watch, the numbers and markings are all correct, dating this watch to 1958.

Detailed particulars will be included with our purchase receipt for your interest and security. A separate insurance valuation for the replacement value of this watch will 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 100% genuine, authentic and original, a full refund will be given at any time”.

The watch comes complete with a Rolex Oyster presentation box, as shown in the photographs.

If you would like to pay by bank transfer we will be pleased to assist you with this and pass on a 3% saving to you. Paying by bank transfer for a 3% saving will not affect your 12 months warranty. Similarly, if you wish to pay by International SWIFT or Bank Wire Transfer we will provide you with our BIC / Swift number and our IBAN number.

Please check the import duties and any taxes your government may apply, these are different for each country and unfortunately out of our control.

We understand there may be some ‘loopholes’ that may help you avoid these charges, however attempting to use these could impact our ongoing ability to serve our growing international customer base.

For those that happen to visit the UK on occasion we are of course more than happy to store your watch until we can meet you in our offices in Kensington, London, and your watch directly to you there.

As with all our watches, this watch will be sold under our 14 days no quibble sale or return policy.

In ConclusionThis is a truly first class example of a rare 1958 18ct gold Rolex Oyster Perpetual with a sunburst champagne dial which is ready to wear and completely practical for everyday use. If treated with care, it will make an excellent investment and heirloom piece. Even though vintage Rolex prices have risen markedly of late, we still feel first class examples such as this remain undervalued. And as each year goes by and the world market for vintage Rolex watches continues to expand, prices will inevitably climb ever higher.

A word on our prices – We always try our hardest to acquire the very highest quality watches we can find, before restoring them 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 means we will never be the cheapest, but nor will we be the most expensive. Indeed there are some well-known stores in West London which are highly 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.

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

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

If you have any questions please call us on 020 7727 7095 or if calling from overseas on +44 207 727 7095.

Please take a look at our other fine vintage gold watches.

Thank you.