146 Rolex Rare and Well Preserved, Bubbleback, Automatic Wristwatch in Steel and Pink Gold, Threaded Engine-Turned Bezel, With Box

Estimate: €5,000 –⁠ 10,000

Model: Bubbleback
Reference: 3458
Case Material: Stainless Steel and Pink Gold
Bracelet Material: Stainless Steel and Pink Gold
Year: 1938
Movement: Automatic
Case N°: 48225
Dimensions: 32 mm
Signed: Dial, Movement and Case
Accessories: Box

The name “Bubbleback” refers to its pronounced rounded caseback, a design feature developed to house the thicker automatic movement within. This model marked a significant evolution in Rolex’s history, being the first wristwatch to integrate three of the brand’s key innovations: the “Oyster” waterproof case, the “Perpetual” self-winding mechanism, and the “Chronometer” certification for precision. Produced for over 22 years until the mid-1950s, the Bubbleback was a cornerstone of Rolex’s lineup and enjoyed considerable popularity during its run. It was available in various metals, sizes, and dial configurations, becoming a highly coveted piece. The present example, dating from the circa 1930s, a reference 3458, exemplifies the blend of stainless steel and pink gold. It features a well-preserved, engine-turned bezel in pink gold that complements the pink dial, which is adorned with the rare and visually striking “California” configuration—Roman numerals at the top and Arabic numerals at the bottom. The 32mm diameter case, with its characteristic “Bubbleback” shape, is paired with a luxurious Oyster riveted bracelet that incorporates pink gold inner links, enhancing the watch’s presence on the wrist. Additionally, this exceptional piece is accompanied by an original shell-shaped box, a rare find that adds to its collectible allure.