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Rolex Oyster Perpetual Chronometer 34mm, ref. 1003, circa 1966 — view 1 of 6
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Wristwatches · Wristwatch

Rolex Oyster Perpetual Chronometer 34mm, ref. 1003, circa 1966

DocumentedDocumented from a dealer's listing; attribution and date as stated by the dealer.
Maker / attribution
Rolex (maker)
Date
c. 1966
Country of origin
Switzerland
Object type
Wristwatch
Dimensions
Case 34 mm
Stock no.
vws2540
Credit line
Dealer listing, Vintage Watch Specialist (vws2540)
Catalogue title (original)
Rolex Oyster Perpetual Chronometer 34mm - Model Reference: 1003 - c.1966 (English)

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Record summary

Catalogued by Vintage Watch Specialist (dealer), United Kingdom (stock number vws2540), this is a wristwatch by Rolex, made in Switzerland, dated c. 1966. The Atlas places it in the Modern Mechanical Horology period (1945 – 1969) of its Wristwatches collection. Recorded dimensions: Case 34 mm. The record is illustrated with 6 photographs.

Assembled from the source record's structured fields. Dates and attributions are given as the source states them; where a field is missing the Atlas leaves it blank rather than estimating.

Catalogue description

Dealer description — Vintage Watch Specialist

A Beautiful Vintage Rolex Oyster Perpetual Chronometer 34mm, Model reference: 1003 with a Textured Silver Dial and Bamboo Bezel, c.1966. In 1926, the creation by Rolex of the first waterproof and dustproof wristwatch marked a major step forward. Given the name “Oyster”, this watch featured a hermetically sealed case which provided optimal protection for the movement. In 1931, Rolex invented and patented the world's first self-winding mechanism with a Perpetual rotor. This ingenious system, a true work of art, is today at the heart of every modern automatic watch. The Oyster Perpetual remains a popular and relatively affordable Rolex model. The Oyster watch was the first waterproof and dustproof wristwatch and later became the first self-winding Perpetual rotor. This architecture has formed the heart of all Rolex watches. What’s On Offer This charming 1966 Rolex Oyster Perpetual is in nice shape considering its 60-plus years vintage! The silver dial looks well with polished metal furniture including baton hour markers with luminous pips and elegant pencil hands. This is a T Swiss T dial as denoted at 6 o'clock and is powered by the Rolex 1570 movement adjusted 5 positions and temperature. The bamboo bezel is synonymous with this reference and is in good shape in this vintage example. The watch is paired with an original Rolex Oyster bracelet in stainless steel ref: 7835-19 with 361 end pieces. This watch is undoubtedly vintage and as such does show signs of wear and it has a slight blemish on the dial beneath the signature. This isn't of great concern as most vintage watches have incurred some blips along the way and it merely adds to the character of the piece. This would make a wonderful gift to yourself or a loved one - certainly, if you were born in 1966, what a year for England... This could be an affordable way to enter the world of luxury watch collecting, a timeless piece with bags of charm.

Historical context

Modern Mechanical Horology (1945 – 1969)

Tool watches for divers, pilots and astronauts; electric watches anticipate the electronic age.

The classic era of the mechanical wristwatch: dive watches, chronographs for motor racing and space flight, GMT watches for jet travel, slim dress watches, automatic calendars, and the rise of Japanese manufacturers alongside Swiss, American, German and Soviet industries.

Read the period in the timelineMore wristwatches from this periodEarlier: Golden Age of Mechanical Watchmaking

Atlas type guide

Dive and water-resistant watches

Keeping water and dust out of a wristwatch was a long-standing challenge. Rolex's screw-down Oyster case (1926) and Omega's Marine (1932) were landmarks; in the early 1950s Blancpain's Fifty Fathoms and Rolex's Submariner defined the professional dive watch with rotating bezels for timing dives, luminous dials and high water resistance. The ISO 6425 standard (1982) later codified what a 'diver's watch' must do.

Dive watches became icons of post-war design and exploration, and their evolution — helium escape valves, ceramic bezels, saturation-diving depth ratings — records the history of underwater work.

What to look for

  • Unidirectional or bidirectional rotating bezel with minute markings.
  • Screw-down crown and case back; depth rating printed on the dial.
  • Luminous hands and markers (radium before c. 1960, tritium c. 1960–1998, then Super-LumiNova).
  • Reference numbers on the case between the lugs or inside the back.

Dating clues

  • Screw-down Oyster cases: from 1926.
  • Professional dive watches: from 1953.
  • Tritium 'T' marks on dials: c. 1960–1998.

General guidance written by the Atlas editors about this kind of object. It is not a statement about this particular piece; for that, rely on the source record above and on physical examination.

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