Today's offering showcases this superior original example of a Rolex Oyster Perpetual Date model encased in stainless steel. Essentially a Datejust with a slightly smaller diameter (34mm instead of the Datejust's 36mm) it features clean lines and a sharp look and embodies Rolex's timeless class. With its indexed engine turned bezel, it added a touch of extra class to Rolex's Oyster Perpetual line.

As precise as it is classic, the watch is powered by a Rolex mechanism that powered many early models of the Submariner, Explorer, and GMT models. A superior mechanism, it offers a level of engineering and craftsmanship that is exceptional.

It is fully Rolex down to its its period Oyster "rivet" bracelet and is in very pleasing condition. It has its original classic and elegant silver dial, which is untouched and better than near mint.

On the wrist the case presents as scratch-free. It presents as better than near mint.

Our Master Watchmaker has just performed a complete overhaul which consisted of fully disassembling the movement, carefully inspecting each part, replacing any overly worn components with new Rolex parts, reassembling and lubricating the movement, replacing all of the waterproofing seals with new Rolex gaskets, and extensive timing testing and regulation ($695 value).

It is keeping very accurate time.

Included with the purchase is a one-year C.O.T. warranty on the movement and its function, a custom printed Connoisseur of Time Certificate of Authenticity, and a new timing certificate attesting to its performance.

Note: A published example of this model can be found in Osvaldo Patrizzi's work Rolex, Collecting Wristwatches, 2001 Edition, Guido Mondani editor, Vol. 2, pp. 392-393.

• Manufacturer: Rolex
• Country of origin: Switzerland
• Model: Oyster Perpetual Date, Ref. 1501
• Serial number: 1,523,887
• Year sold: c. 1966
• Functions: Hours, Minutes, Sweep Seconds, Automatic, Date
• Designed for: Men
• Case material: Stainless steel
• Case condition: It presents as scratch-free with light signs of polishing to the lugs. Overall better than near mint.
• Dimensions: 34mm diameter, 42mm long lug tip to tip, 12mm thick
• Dial: Silver, steel baton indexes, outer minute/seconds divisions, luminous hour dots, aperture for the jump date, original, better than near mint with light surface aging
• Hands: Steel luminous batons
• Movement type: Rolex automatic, rhodium-plated, 26 jewels, straight-line lever escapement, monometallic balance adjusted to temperatures and 5 positions, shock absorber, self-compensating free-sprung Breguet balance spring
• Jewels: 26 rubies
• Band: Period, Rolex Oyster "rivet", clasp is date stamped 1962, sized to fit a wrist up to approx. 7.5 inches, adjustable, polished and brushed, the finish presents as mint, and the band has mild aging to the edges of some of the links and moderate stretch
• Width between lugs: 19mm
• Crystal type: Acrylic, 'cyclops' date magnification, mint condition
• Serviced: Serviced: Yes, fully serviced by our Master Watchmaker ($695 value). All waterproofing gaskets replaced with new Rolex seals. If you would like more information on our watchmaking team please visit: http://www.connoisseuroftime.com/pages/team.htm
• Timing: Timed to precision on a state-of-the-art computerized system. Keeping very accurate time.
• Warranty: 1-year international warranty. Please email concierge@cotwatches.com for details.
• Box/Papers: BOX - Connoisseur of Time watch presentation box; PAPERS - Custom printed Connoisseur of Time Certificate of Authenticity; New timing certificate (We have Rolex boxes available for purchase to pair with it if you would like).
• Returns: 7 days full refund. 100% satisfaction guarantee

We offer a 100% satisfaction guarantee for all of our watches. If you are in any way unsatisfied with the watch we will fully refund the purchase price anytime within 7 days after the watch has been received. Our goal is to exceed our client's expectations throughout the buying experience.

All watches are packaged carefully and mailed double boxed in specially constructed, reinforced shipping boxes designed for high value items. All watches are sent fully insured with signature required. Most of our domestic shipping is done through FedEx. At times we will also use USPS Express Mail, and we can accommodate most requests for your preferred carrier. International shipments are sent USPS International Express Mail or FedEx.

The purchase price will be the declared value of the merchandise on any required customs forms. The payment of all customs duties, tariffs, and taxes are the responsibility of the buyer.

Also note that water resistance of vintage watches can no longer be guaranteed and is not covered under the watch's warranty. We do not recommend getting a vintage watch wet, even one that was originally designed to be waterproof.

To get an idea of how this watch will look on the wrist, please use the Watch Sizing Guide