1969 Rolex Two Tone Oyster Perpetual 1038 Zephyr Dial and Bezel NC5 Comes with a very lightly

Comes with a very lightly worn bezel insert

Excellent gilt underline dial that is beginning to turn tropical brown color

The long fat font black bezel insert is also in excellent condition and shows light wear from use

The end links are stamped 54 and are the correct end links for the GMT

1969 Rolex Two Tone Oyster Perpetual 1038 Zephyr Dial and Bezel NC5 Comes with a very lightlyCase & Bracelet Excellent Two Tone case that has previously been polished and has light wear from use. The YG Zephyr bezel has aged to a subtle rosy patina. Caseback is stamped: 1038 IV. 69 Excellent Two Tone Oyster with very light stretch from use. Dial Excellent champagne Zephyr dial with all the lume dots still intact. Accessories None The watch is running at COSC spec.