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: Could this be a legitimate Rolex band, or is it
: clearly after-market?
Rolex Jubilee bracelets have a known stretching problem. So there are a number of companies that make near exact replacement bracelets. Often someone will buy one of these and transfer the original Rolex clasp from the failed Rolex bracelet to the off-brand replacement one.
So the answer is that what you have is likely a genuine Rolex clasp on an aftermarket bracelet.
: And--a little off
: topic here--should I demand an oyster rather
: than a jubilee just to maintain the watch's
To see what the best answer for purity would be would take a little research to see which was the standard bracelet for the speicifc model vintage Rolex you bought. The Jubilee was more common on the dressier models like the Date and DateJust, while the Oyster was more common on the sportier models like the Explorer and Submariner.
But then either is sufficiently appropriate that there is nothing wrong with going with whichever you like the best.