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Lot #2176

Rolex Date 1500 Stainless Steel Ghost Dial

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Introduction

Launched in 1962, the Rolex Oyster Perpetual Date was Rolex's entry-level watch at the time and was designed for daily use. Most often cased in stainless steel, these watches were true workhorses with their flat steel bezel and rugged design providing protection from daily wear and tear. Similarly specced to the Datejust models of its time, the ref. 1500 featured the same automatic movement, and so boasted a date function and cyclops lens like its more expensive sibling. However, the main point of distinction was that the OP was housed within a slightly smaller 34mm case, as opposed to the Datejust’s 36mm case. Offered with a multitude of dial variants until its discontinuation in the late 1970s, there is a certainly a version that would appeal to every taste. A smaller watch by today’s standards but filled with a unique charm, the ref. 1500 was undeterred by its svelte proportions and instead buoyed by the robustness of its design and functionality of its movement, with both elements combining to create a timepiece that will still fit the bill as a daily wearer even for a modern collector to this day.

Loupe This Scorecard

Grade

M 8

Status

Vetted & Approved

Included

Watch Only

Est. value range

$2,000 – $4,000

The Details

Brand

Rolex

Dimensions

34mm

Model

Datejust

Movement

Automatic cal. 1570

Reference

1500

Bracelet

Stainless steel Oyster bracelet

Year

1962

Condition

Very good

Material

Stainless steel

Included

Watch only

Dial Color

Grey (Ghost dial)

THE DIAL

Aging to a unique shade of grey, this example's dial has become a coveted "Ghost" dial, whereby its inscriptions are only barely legible

THE CONSTRUCTION

Svelte in its sizing, the 34mm Date married the Oyster Perpetual's construction with the Datejust's functionality to produce a watch that hit the perfect middle ground for a lot of collectors, something it still does to this day.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in very good overall condition. Case exhibits typical wear, with scratches and marks visible on most surfaces. There is light pitting visible between the lugs Dial is faded to a "ghost" coloration, and was previously blue colored. Dial surface shows an uneven faded texture and some blemishes and marks. Original tritium hands dial indexes match. Folded link bracelet has 11 links with minor stretch.

Our Perspective

A great introductory piece for new collectors to set foot into the world of vintage watches, the Oyster Perpetual Date proves that interesting watches may be attained at any price point - including models from Rolex themselves.

Justin Gruenberg

Co-founder