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Oyster Perpetual · 1962 to 1981

Rolex Oyster Perpetual Date 34 1500

“Date 1500”

Grade B · 70/100Today's call: Value buy

B: solid, selective. Ranked #92 of 129 references in The Crown Index vault.

The money

Original retail (1970)$180
Market today$2,800 – $4,200
Vs original retail+1844%
1-year trend+5%

The story

The best first vintage Rolex money can buy: a chronometer movement, a proper Oyster case, and 1960s charm for the price of a fashion watch's service bill.

34mm wears unisex by modern standards, and the variety of dials means there's always a clean one hunting at the bottom of the range.

The Date 34 is what most people's grandfathers actually wore, not the Submariner the movies remember. Honest, chronometer-rated, and sized for an era when watches were jewelry, not armor.

The 1500's spread of dials and bezels (smooth, fluted, engine-turned) means no two collections match. At under $4,000 for honest examples it remains the best 'real vintage Rolex' answer in the catalog, and the rally in small watches is slowly finding it.

Our verdict: B: the entry ticket to vintage Rolex ownership. Buy the cleanest dial you can find; at this price, condition costs nothing extra to wait for.

Configurations

Sizes34mm
Case & bracelet materialOystersteel (stainless)
Factory braceletOyster
Factory bezelsSmooth; Engine-turned; Fluted (1503 in gold)
Notable dialsSilver; Champagne; Blue; Gray sigma dials
Caliber1560 / 1570
Production1962 to 1981 (discontinued)

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