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Rolex Ladies’ 18k Oyster Perpetual Bubbleback ‘Serpico y Laino’, Ref. 5003

ProbableCredible evidence exists but classification is not fully established.

Record status

Individual type · partial

Period

circa 1949

Maker / issuer

Rolex

This is an 18k gold ladies' Rolex Oyster Perpetual Bubbleback wristwatch, reference 5003, dating circa 1949 according to Christie's. Catalogued as lot 170 in the Keystone Collection sale, the watch measures 24 mm in diameter and features a textured bezel divided by polished markers.

The silvered dial exhibits applied indices, an Arabic numeral 12, alpha hands, a subsidiary seconds dial, and dual retailer branding for Caracas jeweler Serpico y Laino alongside 'Super Precision'. The watch is fitted with an 18k gold expanding rivet Oyster bracelet and houses an automatic movement.

Evidence at a glance

Linked sources
1
Photograph views
1
Catalogue references
0

Counts describe this entry’s documentation, not authenticity, rarity or completeness. Photographs may show one specimen; check each caption and licence.

Technical characteristics

Dial
Silvered with Serpico y Laino signature
Type
Automatic wristwatch
Circa
1949
Movement
Automatic
Reference
5003
Case Diameter
24mm
Case Material
18k gold
Place recorded
Switzerland
Bracelet Material
18k gold Oyster expanding rivet
Maker / attribution
Rolex

Design

Visible features
• Fluted and textured bezel divided into sections by raised hour blocks • Silvered dial with sub-seconds register at 6 o'clock and alpha-style hands • Visible aging, spotting, and surface wear on the dial face and crystal • Riveted three-link yellow gold metal bracelet attached via straight end pieces • Co-branded dial signed 'SERPICO Y LAINO' beneath the Oyster Perpetual designation
Dial Configuration
The silvered dial includes a subsidiary seconds register at 6 o'clock and alpha-style hands. The dial is co-branded with the retailer signature 'SERPICO Y LAINO' beneath the 'Oyster Perpetual' designation. The dial and hands appear to be original, though they exhibit signs of age, discoloration, and patina.
Case and External Construction
The Rolex reference 5003 is an 18k gold ladies' wristwatch measuring 24 mm in diameter. The bezel features a fluted and textured design divided into sections by raised hour blocks. The case has been polished and shows scratches on the case back. Serial numbers are visible between the lugs. The watch is fitted with an 18k gold expanding rivet Oyster bracelet, which appears to be a later addition showing stretch, patina, wear, and slight damage to the end link at 12 o’clock.
Mechanical and Maintenance Status
The watch contains an automatic movement. While the movement was in working order at the time of cataloging, it has not been tested for accuracy and a service is recommended due to the watch's age. The inside case back bears watchmaker’s marks. Maintenance is required, specifically a new gasket, and the crystal shows crazing.

Identification

Reference
5003
Source note
Facts transcribed from the linked source listing or collection record. Attribution and specifications are source-reported and have not been independently authenticated.

Catalogue references

No catalogue numbers recorded. Numbers are only published once transcribed from a verified edition of a standard catalogue — they are never inferred.

Research required

  • Research required: Movement is not visible in the provided image.
  • Research required: Christie's condition report notes the bracelet appears to be later with slight end-link damage at 12 o’clock.
  • Research required: No original box or papers are included.
  • Research required: The source report indicates the watch has been polished, shows crazing on the crystal, and requires a new gasket.
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