Rolex 1003 vs 1007 engine turned bezels

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Did Rolex make the two references concurrently? Seems that the 1007 is not as common. the 1007 has such a different look; almost like a mini Thunderbird.

1007 Bezel: flat surface, taller than 1003


1003 Bezel: rounded surface with a profile similar to the smooth bezel.