The Rolex Day-Date, often referred to as the "President," is a watch synonymous with prestige, power, and unparalleled craftsmanship. Within the Day-Date family, the reference 18238 holds a special place, particularly those boasting the coveted pyrite dial. This article delves into the intricacies of the Rolex Day-Date 18238 pyrite dial, exploring its history, desirability, pricing, and comparing it to other models within the extensive Rolex catalogue. We will also examine the specific example listed at $27,742, considering its condition, age, and completeness as a factor in its valuation.
Rolex Day-Date 36 Ref. 18238 – A Detailed Look
The reference 18238, a 36mm masterpiece crafted in 18-karat yellow gold, represents a pinnacle of Rolex's horological achievements. Its enduring appeal stems from a harmonious blend of classic design and sophisticated functionality. The heart of this timepiece is a self-winding automatic movement, ensuring reliable timekeeping. The most striking feature, however, is undeniably the pyrite dial. Pyrite, a naturally occurring iron sulfide mineral often referred to as "fool's gold," lends a unique and subtly shimmering texture to the dial. This creates a captivating interplay of light and shadow, differentiating it from the more common solid-color dials. The subtle variations in tone and texture within the pyrite make each example unique, adding to its collectible value. The listing of a near-mint (NOS – New Old Stock) example from 1988, complete with its original box and papers, further enhances its desirability and justifies the asking price of $27,742.
Rolex Day-Date 18238 Price: A Matter of Condition and Completeness
The price of a Rolex Day-Date 18238, particularly one with a pyrite dial, is influenced by several crucial factors. The condition of the watch is paramount. A near-mint, or NOS, example like the one mentioned, commands a significantly higher price than a watch showing signs of wear and tear. The presence of the original box and papers (the "full set") adds considerable value, as it confirms authenticity and provenance. The rarity of the pyrite dial itself also contributes to its value. While not as rare as some other dial variations, the pyrite dial's unique aesthetic appeal commands a premium among collectors. The $27,742 price tag for the 1988 NOS example appears to be in line with market values for similar watches in comparable condition, though specific pricing can fluctuate based on market demand and the specific seller.
Rolex 18238 Production Years and Market Trends
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