The Rolex Day-Date, affectionately known as the "President," holds a unique position in the world of luxury watches. Its association with heads of state and influential figures has cemented its status as a symbol of power, prestige, and unparalleled craftsmanship. Within the Day-Date family, the reference 118338 stands out, a captivating example of Rolex's dedication to both timeless design and opulent materials. This article will delve into the specifics of the Rolex 118338, exploring its features, market value, and place within the broader Day-Date lineage, comparing it to related models and addressing common inquiries surrounding its production and pricing.
The Rolex 118338, with its last known retail price of $42,500 and a current pre-owned market value hovering around $31,244 (prices fluctuate based on condition, provenance, and market demand), represents a significant investment. This price reflects not only the inherent value of the watch itself but also the brand's enduring legacy and the desirability of the yellow gold Day-Date. The considerable difference between the retail and pre-owned prices highlights the potential for appreciation or depreciation depending on market conditions and the specific condition of the piece. This price point positions it firmly within the upper echelon of luxury watches, catering to a discerning clientele who appreciate the exclusivity and prestige associated with the Rolex Day-Date.
Understanding the Rolex Day-Date 36 and its Variations:
Before diving deeper into the specifics of the 118338, it's crucial to understand its place within the broader Day-Date family. The Day-Date 36, encompassing various references, is characterized by its classic size, elegant styling, and the distinctive cyclops lens magnifying the date. The reference number provides critical information about the watch's specifications. For instance, the numbers following the initial "1" indicate the specific model and its features.
We can compare the 118338 to other models to highlight its unique characteristics. References like the Rolex Day-Date 36 118348, often confused with the 118338, feature a similar design but employ platinum instead of yellow gold. This difference significantly impacts both the weight and the price. The platinum model commands a considerably higher price due to the rarity and value of the metal. Similarly, references such as m128348rbr and 128348rbr 0017, which may appear in online searches, are likely variations referencing the model number in different databases or retailer systems, and will likely refer to the platinum models or those with specific dial variations. These subtle differences in reference numbers highlight the importance of verifying the specific details before purchasing a pre-owned watch.
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