Rolex Day-Date ref. 18238 circa 1989 (18K Yellow Gold)


Brand: Rolex

Model: Oyster Perpetual Day-Date ref. 18238 (18K Yellow Gold w/ Fluted Bezel); Swiss Made; L-serial circa 1989; serviced on December 23, 2021 with green Rolex two-year warranty card and Rolex pouch

Case: Solid 18K yellow gold Rolex Oyster case with screw-down back and fluted bezel is approximately 36mm excluding the signed Rolex gold Monobloc screw-down winding crown

Bracelet: Original 20mm 18K yellow gold 8385 Rolex "President" bracelet with hidden Rolex folding clasp (clasp code N5 = May of 1989)

Movement: Rolex cal. 3155 self-winding automatic movement (31 jewels) with quick-set day and date; Superlative Chronometer Officially Certified; 28,800 BPH; Swiss Made; serviced on December 23, 2021 with green Rolex two-year warranty card and Rolex pouch

Features: Stunning original champagne dial with stick markers, applied Rolex coronet, and creamy Tritium lume plots; matching Tritium hands; 36mm solid 18K gold Rolex Oyster case with sharp fluted bezel; new factory Rolex double AR-coated sapphire crystal and gold Monoblock crown; original 18K gold Rolex "President" bracelet; Rolex Chronometer-grade movement with double quick-set day and date (serviced and under warranty); correct early date wheel with open 6/9

Condition: Fantastic original condition overall with minor honest wear consistent with age and use; 36mm 18K yellow gold case has been very lightly polished in the past but remains thick and even with its sharp original fluted bezel; crisp screw-down caseback; beautiful original champagne stick dial with all creamy Tritium lume plots present and in tact; excellent Tritium hands; very nice original gold Rolex president bracelet matches the overall condition of the watch and exhibits minimal stretch

Other: The Rolex market is on absolute fire right now, but this gorgeous 36mm Rolex Day-Date is proof that you can still get a great vintage Rolex watch at a relatively affordable price point. For comparison, a basic brand new yellow gold Day-Date 36 starts at over $33K (IF you can even get one). It's just difficult to imagine a better place to park your cash right now. We've been saying for the past 6+ months (when these Day-Dates were only $13-14K) that they'd be starting at $20K and up within a year or so. Well, here they are climbing quickly... It's a lot of watch for the money if you think about it - You get the perfect blend of vintage and modern being that this is an early example of an 18238 with Tritium lume and double-quickset day and date. It even retains its correct early date wheel with open 6/9! This one is particularly classic with its quintessential champagne dial and tight original President bracelet with sleek hidden clasp. Tony Soprano who? The watch for sale here was just serviced on December 23, 2021 and comes with its green two-year Rolex warranty card, service booklet, and new style Rolex leather service pouch. In order to guarantee factory water resistance throughout the warranty period, a new Rolex double-AR coated sapphire crystal, gold Rolex Monobloc crown and case tube, and fresh gaskets were installed at the time of service.

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