Rolex Oyster Perpetual 1039


Oyster Perpetual → 1039

18K pink-gold Rolex Oyster Perpetual ref. 1039 with a Khanjar dial
Antiquorum, Geneva, 10 May 2025, lot 468.

Antiquorum's 2025 catalogue identifies a 34 mm, 18K pink-gold Oyster Perpetual as ref. 1039. The watch has a red Khanjar emblem on its dial, engraved decoration on the bezel and lugs. Antiquorum dates the sale to April 1973 and says the punched warranty records delivery through Ed. H. Chouchani & Co. in Oman. Antiquorum calls it a Zephyr.

Core facts

detail value
reference 1039, as catalogued by Antiquorum
family Oyster Perpetual, no date
model name Antiquorum calls the example a Zephyr
sale and delivery record sold in April 1973; warranty names Ed. H. Chouchani & Co. in Oman
movement Cal. 1570, 26 jewels, as catalogued; no movement image published
case 18K pink gold
case number 2,971,896
diameter 34 mm
dial light dial with red Khanjar emblem
bezel pink gold with engraved decoration
bracelet 18K pink-gold riveted Rolex bracelet; clasp dated 72

Production outline

The bracelet clasp carries a 1972 date code, which dates the clasp rather than the watch head.

Antiquorum's catalogue recounts that the original owner asked Rolex whether five watches had been ordered for the Sheikh of Oman. Rolex declined to confirm the quantity on confidentiality grounds. The catalogue suggests the figure may be accurate, but it remains the owner's report rather than a confirmed production total.

Movement notes

Antiquorum lists a self-winding Cal. 1570 with 26 jewels. Its four published images do not show the movement, so the caliber attribution rests on the catalogue description.

Dial map

The photographed dial has a light finish, a thin horizontal line through the center, gold-colored hands and a red Khanjar emblem below the hands. The image shows a no-date layout. Antiquorum describes the hands as special to this watch; the available record does not establish a broader hand variant.

 
Khanjar emblem on Antiquorum's 2025 example.

Case, bezel, crystal, and crown

Antiquorum records an 18K pink-gold case measuring 34 mm and gives case number 2,971,896. Its photographs show engraved marks around the bezel and decoration on the lugs. The catalogue describes the engraving as unusual and suggests it was personalized for the order. That interpretation applies to this watch; the source does not establish a standard 1039 case treatment. The catalogue does not specify the crystal.

 
Bezel and lug engraving on the catalogued watch.

Bracelet, clasp, and packaging

The watch was catalogued on an 18K pink-gold riveted Rolex bracelet with a deployant clasp and an overall length of about 180 mm. Antiquorum dates the clasp to 1972. The lot also included a fitted box, punched warranty, punched attestation and a 1972 calendar card. The warranty names the Omani retailer; Antiquorum dates the sale to April 1973.

 
The watch and paperwork pictured for lot 468.

Auction record

sale date auction example result
10 May 2025 Antiquorum Geneva, lot 468 ref. 1039, 18K pink gold, Khanjar dial, Cal. 1570, 34 mm; warranty names the Omani retailer CHF 35,000

Gallery

Sources