Rolex Day-Date 18238 Value Guide

Sold at Auction: Folex
Estimated Value
$12,000 – $14,000
Period
1988-2000
Origin
Switzerland
Materials
18k yellow gold, stainless steel, diamonds, sapphire crystal
Category
Rolex watch

The Rolex Day-Date 18238, produced between 1988 and 2000, is a pinnacle of prestige known as the 'President's Watch' due to its historic association with world leaders. This specific reference is highly collectible for introducing the Double Quickset caliber 3155, allowing for independent adjustment of both the day and date displays.

What Is Rolex Day-Date 18238 Worth?

The typical price range for Rolex Day-Date 18238 is $12,000 - $14,000 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The presence of original factory-set diamond hour markers on the black dial significantly increases market desirability.
  • The physical condition and lack of 'stretch' in the 18k yellow gold President bracelet links.
  • Inclusion of original Swiss chronometer certification papers and period-correct Rolex packaging.
  • Overall sharpness of the 18k yellow gold fluted bezel and clarity of the sapphire crystal.

How to Identify Rolex Day-Date 18238?

  • Verify the presence of the caliber 3155 movement which enables the Double Quickset function for both day and date.
  • Check for the 18k yellow gold hallmarks on the underside of the lugs and the hidden folding Crownclasp.
  • Ensure the dial features the full day of the week spelled out at the 12 o'clock position and the date at 3 o'clock.
  • Confirm the scratch-resistant sapphire crystal is flush with the fluted 18k gold bezel.

History of Rolex Day-Date 18238

The Rolex Day-Date, often called the 'President's Watch' because of its association with several US Presidents, was first introduced in 1956. It was the first watch to display both the date and the day of the week spelled out in full on its dial. The Day-Date is exclusively made in precious metals like gold or platinum, signifying its prestigious status.

Shop Similar

Related Items

Have an antique to identify?

Get an instant AI appraisal with values, history, and market insights.

Download for iPhone