Rolex Day-Date 118238 Value Guide

The Rolex Day-Date 118238 is a quintessential symbol of success, featuring a 36mm 18k yellow gold case paired with a striking black diamond dial. This specific reference from the 2000-2010 era is highly collectible for its upgraded 3155 movement and the prestigious President bracelet, a design originally debuted in 1956 for world leaders.

What Is Rolex Day-Date 118238 Worth?

The typical price range for Rolex Day-Date 118238 is $28,500 - $31,000 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Overall condition of the 18k yellow gold case and the amount of stretch in the President bracelet links.
• The presence of the original black diamond dial, which commands a premium over standard stick or roman numeral dials.
• Inclusion of original Rolex box, papers, and service history from the 2000-2010 production period.
• Current market demand for 36mm vintage-inspired gold sports-luxury timepieces.

How to Identify Rolex Day-Date 118238?

• Verify the 18k yellow gold hallmarks on the underside of the lugs and the hidden Crownclasp.
• Check for the caliber 3155 movement which features a Double Quickset function for both day and date.
• Ensure the black dial features factory-set diamonds with precise, high-quality settings typical of Swiss craftsmanship.
• Confirm the presence of the iconic three-piece semi-circular link President bracelet exclusive to this model line.

History of Rolex Day-Date 118238

The Rolex Day-Date, affectionately known as the 'President,' was first introduced in 1956. It was the first wristwatch to display both the date and the day of the week spelled out in full on its dial. Instantly recognizable by its iconic President bracelet, exclusively created for this model, the Day-Date has adorned the wrists of numerous world leaders, visionaries, and celebrities, solidifying its status as a symbol of success and prestige.