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541
Yes.
My daily beater is a 1601 steel/red gold from the early 70´s, bought in Dubai. (I guess the Middle East market was better for red gold than the European). - Funny side-comment, the service manager at one of the Norwegian Rolex dealers claimed he had never seen one previous to mine. So you not ignorant, you're actually in good company (he was a very competent watchmaker)..
Great find
Just one question though: did they use rose gold in the 6o ties? I thought only yellow gold? Probably my ignorance. I also like the place it was originally sold: close by Jeddah
Yes.
My daily beater is a 1601 steel/red gold from the early 70´s, bought in Dubai. (I guess the Middle East market was better for red gold than the European). - Funny side-comment, the service manager at one of the Norwegian Rolex dealers claimed he had never...
Glad tintend I wasn’t the only one
And good to know. By the way the papers said it was sold in Jeddah.
Two
We have two of those datejust bicolor with complete papers box the whole thing. Not for sale though haha
This is an extremely rare model.
Rolex does not officially confirm production figures - but according to a so-called "well informed source" the ratio of all steel steel/yellow gold to steel/red gold was supposed to be somewhat 18.000 to 1 up to the modern models when red gold became real...
Amazing what $450 was worth in those days!
The cheapest Rolex today goes for 10x more. A dollar in 1960 is worth about 8.66 today. Think a similar priced Rolex would be worth around USD 10k new today (vs USD 3,865 for a purely CPI driven price increase).
great find...that receipt with hand written details - a piece to behold from the past !
well captured, enjoy in good health. Best, mahesh.,
Thank you . Luckily all my recent 5 purchases are with complete provenance . Modern classic and Vintage ...
I purely bought them to invest and hold value as we have a huge currency devaluation issue and economic chaos in our country . Air King 14000, Rolex 168000, Rolex 1601, Rolex 1660 and even 18038..
