In recent times, vintage Rolex has been going higher and higher in value as more people realize how special and collectible they are. With sports, steel models, in particular, they have become unobtainable for many and have been priced out. In times like this, I always find it worthwhile to look elsewhere as well, and my current pick would be to look at precious metals.
While I advocate this idea not just towards Rolex, today’s example is indeed one- the reference 1005. It is certainly not a very celebrated reference, due to its mid-size and relatively simple aesthetics, but what it does have are excellent value and a timeless, classical design.
Sized at 34mm, this Rolex Oyster Perpetual sits very elegantly on the wrist and wears large for its diameter. The 14k gold case was most likely delivered to Latin America in the ’60s, as 14k was used as a cheaper alternative there, compared to the 18k used throughout the world. The dial, champagne in color with a sunburst finish, is a quintessential Rolex dial style that they still use today. Interestingly, this is an early reference 1005, as denoted by the use of sword hands, whereas later, more common examples used the more recognizable stick hands.
While many might shy away from the idea of gold on gold, may I remind you that this Rolex is housed in an Oyster case, and as such still exudes a ‘sporty’ feel. This contradiction between gold as a formal metal with a sporty design is something that I am a huge fan of, as playing with juxtapositions often makes your style more interesting. This watch is able to be dressed up or down and a gold watch in a casual setting will ensure you stand out from the rest.
