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Blancpain

Perhaps the painted disk...

 

...is underneath all the moisture indicators.  It would seem to make sense, as you would not want a black background to such an indicator.

And this one has been removed after going pink (I think this would just be a matter of time unless the watch was only ever opened in zero humidity). The indicators would be easy to make, but scary to apply to these vintage dials.

Thanks again for the info.

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