The Rolex Day-Date President, a watch synonymous with prestige and power, holds a special place in horological history. Within its illustrious lineage, the reference 18238, particularly those boasting an onyx dial, stands out as a highly sought-after collectible. This article delves into the specifics of the Rolex 18238, focusing on its price, production years, and overall desirability, drawing upon examples found on platforms like Chrono24 and examining the broader market for this iconic timepiece.
Rolex Day-Date 18238 Price: A Market Overview
Determining the precise price of a Rolex Day-Date 18238, especially one with a rare onyx dial, is a complex task. Several factors influence its value, including condition, box and papers (full set), serial number, and the current market climate. The examples provided illustrate the price range: a "Full Set" 18238 with an E-series serial number (dating it to 1990) commands a significantly higher price than a used example in "excellent" condition, albeit still a substantial sum.
The advertised price of $19,800 for the "Full Set" Rolex Day-Date President 36 mm 18K Yellow Gold Watch 18238 E Serie 1990 reflects the premium associated with provenance and completeness. The inclusion of the original box and papers adds significant value, appealing to collectors who prioritize authenticity and a complete history. Conversely, the Chrono24 listing of $14,717 for an "excellent" condition S-series watch demonstrates that even used examples can fetch considerable prices, although the lack of a full set impacts the final value.
This disparity highlights the importance of assessing the condition and completeness of any potential purchase. A meticulous inspection by a qualified watchmaker is highly recommended before committing to a purchase, particularly given the significant investment involved. The presence of any scratches, dents, or issues with the movement can significantly affect the price.
Rolex 18238 Production Years: Tracing the Legacy
Pinpointing the exact production years for the Rolex 18238 requires examining the serial numbers. Rolex uses a complex system of serial numbers and reference numbers to track its watches. The serial number, often found between the lugs, reveals the year of manufacture. Different websites and forums dedicated to Rolex collect and share this data, allowing for a more accurate dating of specific watches.
The provided examples mention E-series (circa 1990) and S-series (later production). This indicates that the Rolex 18238 was produced over a period of several years, likely spanning from the late 1980s to the early 2000s. The exact start and end dates are subject to ongoing research and the availability of comprehensive serial number databases. However, it’s safe to say that the 18238 enjoyed a relatively long production run, reflecting its popularity and enduring design.
Rolex 18238 Price: Factors Influencing Value
The price of a Rolex 18238 is influenced by a multitude of factors beyond its age and condition. The rarity of the onyx dial, for instance, significantly contributes to its value. Onyx dials are less common than other dial options, making them more desirable to collectors. The inherent value of 18k yellow gold, a material known for its durability and luster, also plays a role. Gold prices fluctuate, impacting the overall value of the watch.
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