Rolex Oyster Perpetual Ref.1005 18ct 1973

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, 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.

Description

A highly attractive Rolex Oyster Perpetual Chronometer in 18ct yellow gold from 1973. This Rolex model reference 1005 has the most beautifully elegant ’70’s starburst dial and the original gilt ‘stick’ hands pair wonderfully with the ‘cube’ hour indices. The dial is original, unrestored and untouched and has been left this way, due to its extremely good condition, relative to its age. At 34mm in diameter, excluding the crown, this is quite a large-sized watch by 1970s standards and the watch case carries the attractive thunderbird bezel which is in excellent condition.

The original Rolex Calibre 1570, 26 Jewel Chronometer grade movement is superbly accurate and reliable even by current day standards. The watch has just been fully inspected and overhauled by our team and as can be seen, the movement is sparkling clean, following its service by our vintage Rolex specialist watchmaker.

The Dial

This 1970s Rolex Oyster Perpetual dial is beautifully simple and elegant. The original silver-white ‘starburst’ finish contrasts wonderfully with the yellow gold watch case, original ‘stick’ hands and original gilt ‘cube’ hour indices. The dial is beautifully well balanced and benefits greatly in terms of symmetry, by the absence of a date window.

It is correctly signed ‘Rolex Oyster Perpetual’ and ‘Superlative Chronometer Officially Certified’ with ‘T Swiss T’ at the very bottom.

This dial is original, unrestored and untouched. It is also in really excellent condition considering the age of the watch, with almost no fading, spotting or crazing and with an even overall patina. Due to its relatively good condition and for reasons of retaining the character and the originality, we have left it completely alone.

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 1570, 26 jewel automatic movement which is in sparkling clean condition. The movement has been completely overhauled and serviced which involves fully dismantling, ultrasonic cleaning, inspection under high magnification and replacement of parts, only with new original Rolex parts where required, then careful reassembly and oiling ready for testing and calibration. The watch is now running perfectly and is now ready for many more years of faithful service, having been calibrated and timed within +6 seconds per day. This is truly outstanding for any watch of this age and has been confirmed by our electronic timegrapher.

The movement is correctly signed ‘MONTRES ROLEX SA GENEVA SWISS’, and ‘TWENTY SIX JEWELS’ with the Calibre number 1570 and the reference number 793216. These movements are very strong, very accurate and very reliable making this watch particularly suited to everyday use should you so wish. As can be seen from the image, this particular movement is in super condition and with regular servicing, say every 4 years, we would fully expect this watch to run happily for many years to come. We are therefore pleased to offer 12 months warranty on this watch movement*.

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

The Case

The 18ct yellow gold case is in tip-top condition and measures 34mm, excluding the original Rolex signed Oyster screw-down crown. By the standards of the day, this would have been a quite a large watch. The case carries the rare Thunderbird bezel, this carries a light radial engraving which is in perfect condition. The bezel is always one of the most prone parts of a watch to damage, however here it is in excellent condition and shows very few signs of corrective polishing. This indicates this watch has only seen careful, occasional use. The case has been professionally cleaned and carefully inspected, and has required only light polishing as 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 correct with ‘Montres Rolex SA Geneva Switzerland’ and ‘R.W.C. LTD.’ with Swiss Geneva 18ct hallmarks and the model reference number 1005. The watch also carries a clear case serial number 3478046 between the lugs at 6 o’clock, which confirms the date of manufacture of this watch as 1973.

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

The watch is currently fitted with a high quality Hirsch brown leather strap and 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 colours and types of strap 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 1973.

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 suede presentation pouch, as shown in the photographs.

Payment and Delivery

If you would like to pay by bank transfer, we will be pleased to assist you with this. 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 who happen to visit London 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 hand 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 Conclusion 

This is a truly first class example of a vintage Rolex Oyster Perpetual which is ready to wear and completely practical for everyday use. If treated with care, it will make an excellent investment or heirloom piece. Even though vintage gold Rolex prices have risen markedly recently, we still feel good examples such as this are still undervalued and 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 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