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Lot #1617

Rolex Oyster Perpetual Date 1500 Slate 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

V 8.5

Status

Vetted & Approved

Included

Watch only

Est. value range

$2,000 – $3,000

The Details

Brand

Rolex

Dimensions

34mm

Model

Datejust

Movement

Automatic cal. 1570

Reference

1500

Bracelet

Leather strap

Year

1971

Condition

Very good

Material

Stainless steel

Included

Watch only

Dial Color

Slate

THE DIAL

Featuring a stunningly aged slate dial, this example's tritium luminous markers have aged to feature a gentle shade of yellow that matches the dial's slightly golden undertone.

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.

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.

Condition

In very original and crisp condition. The dial with minor spotting throughout and a minor blemish above the 7 o'clock numeral. The lumes are all complete and have aged consistently with each other to a warm pumpkin orange. The hands are oxidized and the lume within the hands is a different shade to the lumes on the dial. The case is in very crisp condition with sharp lines and proportions. There is surface wear which is consistent with the age of the watch. The bezel and parts of the case with dirt that is eaisly cleaned. The crystal with some scratches. The numbers between the lugs are very crisp and easy to read. The case back with a very crisp milled edge and dirty. The case back center with some minor pin head dings.

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