The Rolex Day-Date Gold 118238 is a prestigious luxury wristwatch produced by Rolex.The Day-Date collection, often referred to as the “President” or “Rolex President,” is renowned for its elegance, craftsmanship, and exclusive features.This particular model features a classic and iconic design with a round 36mm case. The case is crafted from 18k yellow gold, which is a signature material for Rolex’s prestigious models. The watch is often paired with a matching gold President bracelet, characterized by its semi-circular three-piece links.The Day-Date Gold 118238 offers a variety of dial options to suit individual preferences. These options include classic choices like champagne, silver, white, and black dials, which are typically adorned with Rolex’s iconic baton hour markers and the day and date apertures at 12 o’clock and 3 o’clock, respectively.This timepiece is powered by Rolex’s in-house automatic movement, caliber 3155. The movement is equipped with a day and date complication and boasts precision, reliability, and a power reserve of approximately 48 hours. It also features a Quickset function, allowing for easy adjustment of the date.Like other Rolex watches, the Day-Date Gold 118238 is built to withstand water pressure and is water-resistant to a depth of 100 meters (330 feet). This feature ensures that the watch is suitable for everyday wear and offers protection against minor water exposure.The Rolex Day-Date is widely regarded as one of the most prestigious and iconic watches in the world. Introduced in 1956, the Day-Date was the first wristwatch to display both the day of the week and the date on its dial. Over the years, it has become a symbol of success and has been favored by numerous influential figures, including world leaders, celebrities, and business tycoons.The Rolex Day-Date Gold 118238 is a high-end luxury timepiece with a significant price tag due to its precious materials, craftsmanship, and brand prestige. Rolex watches, particularly the Day-Date models, are often associated with exclusivity and are sought after by collectors and watch enthusiasts worldwide.
The average price of a Rolex Day-Date Gold 118238 model as of May 23, 2023 on the private sales market is $25,122, while you can expect to pay $27,981 from a secondary market dealer.
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