The Rolex President Day-Date, crafted in 18-karat gold, stands as a pinnacle of horological achievement and a symbol of unparalleled prestige. Its enduring appeal lies not only in its exquisite craftsmanship and luxurious materials but also in its rich history and association with influential figures throughout the world. This article delves into the intricacies of the Rolex President Day-Date 18kt, exploring its various iterations, price points, and the factors contributing to its enduring desirability. We will also examine a specific example – a 1994 mint condition Rolex President Day-Date 18238 – to illustrate the allure and investment potential of this iconic timepiece.
The advertisement for a 1994 MINT Rolex President Day-Date White Diamond 18238 Double Quick Gold Watch on Chrono24, priced at $16,492 plus $129 shipping, provides a concrete example of the value placed on these watches, particularly those in exceptional condition and featuring desirable features like diamonds. This highlights the importance of condition and specific details in determining the final price. A "full set," as mentioned in the advertisement, further enhances the value, encompassing the original box, papers, and any accompanying accessories.
Understanding the Rolex Day-Date Lineage:
The Rolex Day-Date, often referred to as the "President," is a watch steeped in history and tradition. Introduced in 1956, it was the first wristwatch to display both the date and the day of the week spelled out in full, a feat of horological engineering at the time. This complication, along with its exclusive use of precious metals (initially platinum and later gold), cemented its position as a watch for heads of state, business magnates, and other influential figures. The nickname "President" solidified its association with power and prestige.
Variations and Price Points:
The Rolex Day-Date’s price varies significantly depending on several factors:
* Metal: The most significant factor influencing price is the metal used in the construction. 18-karat yellow gold, white gold, and Everose gold (Rolex's proprietary pink gold) all command different price points. Platinum Day-Dates, while less common, occupy the highest echelon of the price range. The 18238 model referenced earlier, being 18-karat yellow gold, falls within a specific price bracket.
* Dial: The dial's color, material, and any embellishments significantly impact the price. Classic dials such as champagne, silver, black, and blue are relatively common, while more unusual colors or those featuring diamonds or other precious stones will command higher prices. The mentioned 1994 model features a white diamond dial, contributing to its higher value.
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