1970 ROLEX 34mm OYSTER PERPETUAL ZEPHYR 14K/SS, 1038 — USD 5,095

The Rolex Reference 1038 is a distinctive example within the Oyster Perpetual line, notable for its specific case and bezel configuration. This reference is characterized by its engine-turned bezel, which provides a textured aesthetic different from the smooth or fluted bezels found on many other Oyster Perpetual models of the era. It represents a more understated yet visually interesting option for collectors seeking a vintage Rolex with a unique surface treatment. This reference features a 34mm stainless steel Oyster case, providing robust protection for its automatic movement. Powering the watch is the Rolex Caliber 1530, a reliable self-winding movement known for its durability and accuracy, offering a power reserve of approximately 42 hours. The watch is fitted with a plexiglass crystal, a common feature for Rolex watches produced during this period, and offers a water resistance of 50 meters. For collectors, the Reference 1038 holds appeal as a less common variant of the Oyster Perpetual, particularly due to its engine-turned bezel. It fits into the broader category of vintage Rolex time-only watches, offering a classic design with a subtle point of differentiation. The silver dial maintains a traditional appearance, making it a versatile choice for those interested in mid-century Rolex production.