
OCT 31 | 4:00 PM

All auctions / Watches & Clocks / ROLEX

ROLEX, SWITZERLAND, REF. 1038, OYSTER PERPETUAL "ZEPHYR", "DEVELOPMENT" DIAL, STEEL AND YELLOW GOLD A fine, unusual, possible testing/pre-production, stainless steel and gold, self winding center second wristwatch Brand: Rolex, switzerland Model: Oyster Perpetual "Zephyr" Reference: 1038 Year: circa 1969 Case: 2287887 Caliber: 1570, 26 jewels Diameter: 34 Signature: dial, case and movement Grading System: AAA (Excellent) Case: 3-8 (Good , Slightly scratched) Dial: 2-01 (Very good , HANDS Original) Movement: 2* (Very good , Overhaul recommended, at buyer's expense) HKD: 19,100 - 38,200 USD: 2,500 - 4,900 EUR: 2,200 - 4,400 JPY: 384,000 - 770,000 To be sold without reserve Upon close inspection one can notice the dial is signed "DEVELOPMENT" and the case number is also stamped inside the caseback. The serial number places the watch at the begginning of the production of the Zephyr reference 1038 and it is likely that this watch was a test pre-production version. It is the first time we have seen this version on the market.
Estimate:$2,418.89
To the auctionView all items fromAntiquorumorWatches & Clocks
Estimate:
$2,418.89
An antique Hampden gold-tone pocket watch and chain
10/18/2026
$75
Est: $20
An English pocket watch with removable silver case, c. 1850
10/18/2026
$20
Est: $50

OCT 31 | 4:00 PM

OCT 23 | 8:00 AM

OCT 27 | 4:00 PM
Bring your auction to collectors worldwide!
Get listed now