The Rolex Day-Date, often referred to as the "President" watch, holds a unique position in the horological world. Its prestigious status, coupled with its sophisticated complications, makes it a highly sought-after timepiece. Within the Day-Date family, certain models achieve legendary status, and the Day-Date with a green ruby dial is undoubtedly one of them. This article delves into the financial performance and current market value of this coveted watch, exploring its various iterations and considering the broader context of the Rolex Day-Date market. We'll analyze prices, compare deals, and explore the nuances of this exceptional timepiece.
Understanding the Reference Number: 118238
The reference number 118238 specifically denotes a Rolex Day-Date featuring a 36mm case, crafted from 18-karat yellow gold, and boasting the distinctive green ruby dial. This dial, often referred to as an "emerald green" or "hunter green," is a striking feature that sets this particular model apart. The vibrant green, created through the use of rubies, gives the watch a remarkable depth and luminosity. The rubies are meticulously set, creating a luxurious and opulent aesthetic. This reference, while no longer in current production, maintains a strong presence in the secondary market, attracting collectors and investors alike. Chrono24, a reputable online marketplace for luxury watches, lists numerous examples of the ref. 118238, allowing for price comparison and potential purchase. Their claim of "low prices for 186 Rolex ref. 118238 watches" requires careful scrutiny, as "low" is relative and depends on market conditions and the specific condition of each watch.
Navigating the Modern Rolex Day-Date Landscape: A Price Comparison
While the ref. 118238 holds a special place in the hearts of collectors, understanding its value requires comparing it to current Rolex Day-Date models. This allows us to appreciate the historical significance of the green ruby dial and its impact on the overall market value.
* Rolex Day-Date 40 228238: This model represents the current generation of the Day-Date 40, featuring a 40mm case in 18-karat yellow gold. While it doesn't offer the green ruby dial of the ref. 118238, it provides a benchmark for understanding the pricing of contemporary Day-Dates in yellow gold. The price will significantly vary depending on the dial color and any additional features.
* Rolex Day-Date 40 228235: This variant utilizes 18-karat Everose gold (Rolex's proprietary pink gold alloy), offering a different aesthetic from the yellow gold ref. 118238. Again, the price will depend on the dial and any additional features but will generally be in line with or slightly above the yellow gold equivalent.
* Rolex Day-Date 40 Price: The price of a Rolex Day-Date 40 varies considerably based on the metal (yellow gold, Everose gold, platinum), the dial, and any additional complications. Generally, expect to pay a significant premium for a Day-Date 40 compared to other Rolex models.
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