The Rolex Day-Date, often referred to as the "President," holds a prestigious position in the world of luxury watches. Within the Day-Date family, the reference 118238 stands out, representing a specific era of design and craftsmanship characterized by its 18k yellow gold construction and exceptional build quality. Understanding its retail price, however, requires a journey through its history, production years, and comparison with similar models. This article will delve into the complexities of the Rolex 118238's price, exploring its historical context and providing insights into its current market value.
Rolex 118238 Production Years and Year Made:
Pinpointing the exact production years of the Rolex 118238 is crucial for understanding its price. While Rolex doesn't publicly release precise production dates for specific references, research suggests the 118238 was produced for a considerable period, likely spanning several years. Determining the year of manufacture for a specific 118238 requires careful examination of the watch's serial number. This serial number, often found between the lugs on the case, allows authentication and dating through Rolex's internal records (though access to these records is restricted to authorized dealers and service centers). The serial number's position within Rolex's numbering system directly correlates to the year of manufacture. Websites specializing in Rolex authentication and dating services can assist in this process. The broader production period, however, is generally understood to be within a specific range, although the exact start and end years remain debated amongst collectors. This uncertainty contributes to the price variation seen in the market.
Rolex Day-Date 118238: Original Design and Distinguishing Features:
The Rolex 118238, a quintessential example of the Day-Date President, embodies the brand's commitment to luxury and precision. Its original design features a 36mm case crafted from 18k yellow gold, radiating a classic and opulent aesthetic. The fluted bezel, a signature element of the Day-Date, adds a sophisticated touch, reflecting light beautifully. The dial, available in various colors and configurations, usually features applied gold indices or Roman numerals, perfectly complementing the gold case. The most striking feature, however, remains the day and date display. The day is displayed in full in a window at the 12 o'clock position, a feature unique to the Day-Date line, while the date is shown in a separate aperture at the 3 o'clock position. The movement, usually a caliber 3055 or a variation thereof, ensures accurate timekeeping, a hallmark of Rolex's horological prowess. These design elements, combined with the luxurious materials, contribute to the high value associated with the 118238.
Rolex 118238 Price: A Complex Equation:
Determining the price of a Rolex 118238 involves more than just looking at a catalogue. The retail price during its production years would have been substantial, reflecting the inherent value of the materials and the craftsmanship involved. However, the retail price is largely irrelevant in today's market. The current market value is significantly influenced by several factors:
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