Make: Rolex
Model: Oyster Perpetual
Reference: 1501
Year: 1979
Movement: Automatic calibre
Box and papers: Original box and some receipts
Case: 34mm Oyster steel
Dial: Blue ‘Shantung’ with patina
Bracelet/Strap: Oyster bracelet
Condition: Very good, vintage
Serviced: May 2025
Warranty: 12 month RHW Assured warranty
The Blue Shantung Classic
The Rolex Oyster Perpetual reference 1501 is one of those rare gems that bridges the gap between mid-century elegance and everyday wearability. Produced in 1979, this model features a 34mm stainless steel case, engine-turned bezel, and is powered by the Rolex Calibre 1570, a movement renowned for its precision and longevity.
But what truly sets this example apart is its rare blue Shantung dial, a texture driven finish that reflects light with a distinct vertical weave, much like raw silk fabric. Often overshadowed by more common sunburst or matte finishes, the Shantung dial is prized by collectors for its unique aesthetic and comparative rarity.
Why You’ll Love It
This isn’t just a vintage Rolex, it’s a conversation starter.
The blue Shantung dial is the hero of this watch. Even with some light ageing and subtle patina, it radiates charm and individuality. The woven effect gives the dial depth and texture, with no two Shantung dials ever ageing quite the same. It’s an expression of vintage Rolex craftsmanship at its most nuanced.
Serviced in 2025, the watch is running smoothly and ready to wear. The case remains in excellent vintage condition, retaining its sharp lines and correct proportions. It comes with a Rolex box, various receipts from past retail sales, and a Watch Register certificate for peace of mind.
Iconic Status
The Oyster Perpetual is one of the longest-running and most iconic models in Rolex’s history. Worn by everyone from Daniel Day-Lewis to Roger Federer, its appeal lies in its understated versatility, robust enough for everyday wear, elegant enough for formal occasions.
Though reference 1501 itself is less frequently seen in the wild, that’s precisely what makes it special. It’s the kind of watch seasoned collectors keep an eye out for, especially in configurations like this one.
Ready to Make It Yours?
Visit us on the High Street at our store inside Martin & Martin, 30 High Street, St Peter Port, Guernsey.
Every watch is supplied to our RHW Assured standard: Authenticated, Prepared, Documented and Guaranteed. It will be presented with its RHW Assured warranty card, RHW Assured swing tag and branded black suede RHW travel pouch, and is covered by our 12 Month RHW Assured Warranty.
Contact us for a secure payment link to pay by any major debit or credit card or Apple Pay
Buy online via our website using PayPal or PayPal Guest. No PayPal account is required and all major debit and credit cards are accepted
Bank transfers
Cash payments welcomed by arrangement
Apple Pay and all major debit and credit cards accepted in store and by private appointment
Book a private appointment via our website
Make: Rolex
Model: Oyster Perpetual
Reference: 1501
Year: 1979
Movement: Automatic calibre
Box and papers: Original box and some receipts
Case: 34mm Oyster steel
Dial: Blue ‘Shantung’ with patina
Bracelet/Strap: Oyster bracelet
Condition: Very good, vintage
Serviced: May 2025
Warranty: 12 month RHW Assured warranty
The Blue Shantung Classic
The Rolex Oyster Perpetual reference 1501 is one of those rare gems that bridges the gap between mid-century elegance and everyday wearability. Produced in 1979, this model features a 34mm stainless steel case, engine-turned bezel, and is powered by the Rolex Calibre 1570, a movement renowned for its precision and longevity.
But what truly sets this example apart is its rare blue Shantung dial, a texture driven finish that reflects light with a distinct vertical weave, much like raw silk fabric. Often overshadowed by more common sunburst or matte finishes, the Shantung dial is prized by collectors for its unique aesthetic and comparative rarity.
Why You’ll Love It
This isn’t just a vintage Rolex, it’s a conversation starter.
The blue Shantung dial is the hero of this watch. Even with some light ageing and subtle patina, it radiates charm and individuality. The woven effect gives the dial depth and texture, with no two Shantung dials ever ageing quite the same. It’s an expression of vintage Rolex craftsmanship at its most nuanced.
Serviced in 2025, the watch is running smoothly and ready to wear. The case remains in excellent vintage condition, retaining its sharp lines and correct proportions. It comes with a Rolex box, various receipts from past retail sales, and a Watch Register certificate for peace of mind.
Iconic Status
The Oyster Perpetual is one of the longest-running and most iconic models in Rolex’s history. Worn by everyone from Daniel Day-Lewis to Roger Federer, its appeal lies in its understated versatility, robust enough for everyday wear, elegant enough for formal occasions.
Though reference 1501 itself is less frequently seen in the wild, that’s precisely what makes it special. It’s the kind of watch seasoned collectors keep an eye out for, especially in configurations like this one.
Ready to Make It Yours?
Visit us on the High Street at our store inside Martin & Martin, 30 High Street, St Peter Port, Guernsey.
Every watch is supplied to our RHW Assured standard: Authenticated, Prepared, Documented and Guaranteed. It will be presented with its RHW Assured warranty card, RHW Assured swing tag and branded black suede RHW travel pouch, and is covered by our 12 Month RHW Assured Warranty.
Contact us for a secure payment link to pay by any major debit or credit card or Apple Pay
Buy online via our website using PayPal or PayPal Guest. No PayPal account is required and all major debit and credit cards are accepted
Bank transfers
Cash payments welcomed by arrangement
Apple Pay and all major debit and credit cards accepted in store and by private appointment
Book a private appointment via our website
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