Rolex Oyster Perpetual Bubbleback Ref.5015 1948
100% Genuine & All Original
Fully Inspected, Serviced & Guaranteed
A Well Cared for & Lightly Used Example
High Grade 25 Jewels, Hand-Wound Movement
Mid-Size 32mm Case, Excluding the Correct Rolex Crown
Previously Restored Black Dial with Original Gilt ‘Lance’ Hands
Rolex Swiss Made Steel Rolex Oyster Case with Wonderful Bubbleback
High Quality Black Alligator Strap & Matching Steel Rolex Buckle
All In Absolutely Top Grade Condition From Every Aspect
Rolex Green Suede Presentation Pouch Included
VGWL 12 Months’ Written Warranty Included*
VGWL Lifetime Authenticity Guarantee
Free Worldwide FedEx Delivery
Free UK Special Delivery
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Founded in 1905 in England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, the partnership became known as the Rolex Watch Company in 1915 and moved to its new Geneva headquarters in 1919. The success of the wristwatch can be largely attributed to many of Rolex’s innovations which made the company one of the most respected and well-known of all luxury brands. These have included its famous “Oyster” case — the world’s first water-resistant and dustproof watch case, invented in 1926 — and its “Perpetual” — the world’s first reliable, self-winding movement for the wristwatch, launched in 1933. These would form the foundation for Rolex’s Datejust and Day-Date, respectively introduced in 1945 and 1956. Also and equally importantly, Rolex is known for its sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.
A wonderful original, unrestored and untouched Rolex Oyster Perpetual bubbleback stainless steel wristwatch, with an original, highly sought after black dial. The mid size 32mm stainless steel case has thick straight lugs and a screw-down case-back, overall, giving this stylish watch a confident, yet not overstated wrist presence.
This wonderful late 1940s Rolex Oyster Perpetual black dial is beautifully elegant. The yellow gold gilt 1 – 12 standard Arabic numerals are matched by the yellow gold gilt ‘lance’ hands. The design is beautifully balanced and perfectly symmetrical. In terms of purity and elegance, the absence of a date function is often referred to retain a dials perfect balance. All of these features look incredible on the black dial and make the watch very easy to read.
The dial carries the Rolex Coronet just below 12 along with ‘Rolex Oyster Perpetual’ below 12 and ‘Superlative Chronometer Officially Certified’ above 6 with ‘Swiss Made’ just below.
As this dial is in original, unrestored condition, this has been left untouched by our restoration team due to its superb condition. Usually, we restore the dials of the watches we sell, however we decided in this case to leave it alone, due to its unusually good condition and to retain its originality and charm for those who prefer this. It also helps to contrast with almost all of the other watch dials you see on our website, which have been restored. The hands, likewise, have also been left in their original untouched condition.
Please note, studio lights, professional-grade digital cameras, and macro lenses can be very unkind to an unrestored vintage watch dial. Also the dial here measures less than 1.25 inches across, so the image you’re seeing may be between 5 – 25 times larger than the watch itself. Therefore please keep in mind you are seeing many tiny flaws which cannot be seen, or will be very hard to see with the naked eye, even under close examination. Suffice to say, on the wrist, in natural light, this dial looks much better and carries a great deal more charm than the photographs portray.
The watch carries its original high grade Rolex Perpetual Chronometer, Superbalance movement, which as can be seen in the photographs, is in original condition.
The movement has been completely disassembled, inspected and rebuilt using original Rolex parts where required, by our vintage Rolex specialist watchmaker. When tested and calibrated immediately following its restoration, this watch was running to within 15 seconds per day which is outstanding for a vintage watch of this age!
The movement is all correctly signed ‘Swiss Made’, ‘25 Jewels’ and this movement also carries the correct serial number 2789-1. These movements are strong, accurate and very reliable making the watch appropriate for regular everyday use. This particular movement is in top condition and with regular servicing, every 3 years, we would fully expect this watch to run very happily for many more decades to come! We are pleased to offer a 12-month warranty on this watch movement*.
* Please note – our 12 months’ warranty is only applicable if the list price is paid.
The steel watch case measures 32mm, excluding the correct Rolex signed winding crown, this makes this a mid size watch for the 1940s. The heavy Rolex Oyster Perpetual case with a wide plain bezel has quite a bold character, with strong straight lugs. It is in excellent condition, having received a very gentle and sympathetic clean and polish, although the watch has obviously been very well cared for, as there are no dings, scratches or marks visible to the naked eye. The case-back is of full thickness and has never been engraved.
The inside of the case back is correctly signed ‘Rolex’, ‘Geneve Swiss’, ‘Patented’ and carries the correct model reference number 5015.
As ever, our standard advice applies: Vintage watches should be kept clean and dry at all times.
The Strap & Buckle
This watch has a high quality black alligator strap fitted and this watch has also been fitted with a matching steel Rolex buckle. However, if a different colour or style of strap is preferred, please let us know and we will do our best to oblige free of charge. We carry tan, conker, dark brown and black in stock in plain padded leather, crocodile skin or lizard skin. We can also obtain most types and colours from our partners at ‘Watch Obsession’ within 48hrs. Please take a look at their huge range of straps if you wish here.
Box and Papers
Although there are no original papers with this watch, the reference numbers, markings, signatures and hallmarks are all correct, dating this watch to 1948.
Detailed particulars will be included with our purchase receipt for your interest and security. A separate insurance valuation for the replacement value of this watch will be provided at the time of sale along with our unique ‘Lifetime Authenticity Guarantee’ which states: “If this watch proves to be anything less than 100% genuine, authentic and original, a full refund will be given at any time”.
This watch comes complete with a green Rolex suede pouch.
Payment and Delivery
If you would like to pay by bank transfer, we will be pleased to assist you with this and pass on a 3% saving to you. Paying by bank transfer for a 3% saving will not affect your 12 months warranty. Similarly, if you wish to pay by International SWIFT or Bank Wire Transfer we will provide you with our BIC / Swift number and our IBAN number.
Please check the import duties and any taxes your government may apply, these are different for each country and, unfortunately, out of our control.
We understand there may be some ‘loopholes’ that may help you avoid these charges; however, attempting to use these could impact our ongoing ability to serve our growing international customer base.
For those who happen to visit London on occasion, we are, of course, more than happy to store your watch until we can meet you in our offices in Kensington, London, and hand your watch directly to you there.
As with all our watches, this watch will be sold under our 14 days no-quibble sale or return policy.
This is a truly first class example of a vintage Rolex which is ready to wear and completely practical for everyday use. If treated with care, it will make an excellent investment or heirloom piece. Even though vintage steel Rolex prices have risen markedly recently, we still feel good examples such as this are still undervalued and as each year goes by and the world market for vintage Rolex watches continues to expand, prices will continue to climb ever higher.
A word on our prices – We always try our hardest to acquire the very highest quality watches we can find, before restoring them to the highest possible standards. We then offer these at the fairest prices we can, taking into account our pre and post-sales care and service. This approach means we will never be the cheapest, but nor will we be the most expensive. Indeed there are some well-known stores in West London which are highly successful charging between two to three times the price you see here. We, therefore, consider our prices to be fair, given the quality of watches we have to offer.
Please note, we also welcome part exchanges. If you have a watch or a small collection for sale, please contact us as we will be happy to discuss this.
We will also be happy to Service your watch, Repair your watch or Restore your watch, all at ‘sensible’ prices. Please see here.
If you have any questions please call us on 020 7727 7095 or if calling from overseas on +44 207 727 7095.
Please take a look at our other fine vintage steel watches.