The reference number "0418" doesn't directly correspond to a specific Rolex model. There's no official Rolex designation using this number. This likely points to an internal reference, a dealer code, or a colloquialism within the watch community not widely recognized. However, the context provided – mentioning the Rolex Day-Date 118238 and its market value – suggests a connection to this prestigious timepiece. Therefore, this article will delve into the intricacies of the Rolex Day-Date 118238, exploring its history, design, market value, and the potential reasons for the enigmatic "0418" reference. We will also address the complexities of the pre-owned market and the premium associated with purchasing through secondary dealers.
The Rolex Day-Date 118238: A Symbol of Prestige
The Rolex Day-Date, often referred to as the "President," holds a unique position within the Rolex catalog. It's a watch synonymous with power, success, and refined elegance. Introduced in 1956, it was the first wristwatch to display both the date and the day of the week spelled out in full, a feat of horological engineering for its time. The 118238, specifically, represents a particular iteration of this iconic model, characterized by its luxurious features and materials.
The 118238 distinguishes itself through its case material: 18-karat yellow gold. This instantly elevates the watch to a level of opulence, reflecting its high price point. The case size, typically 36mm, is considered classic and versatile, making it suitable for a wide range of wrists and occasions. Its presence is undeniable, a subtle yet powerful statement of sophistication.
Beyond the gold case, the 118238 typically features a highly polished finish, accentuating the gleam of the precious metal. The bezel, also in 18-karat yellow gold, is often fluted, contributing to the watch's distinctive aesthetic. The fluted bezel, a hallmark of the Day-Date, isn't just decorative; its intricate grooves provide a secure grip, enhancing usability.
The dial of the 118238 offers a canvas for various expressions of style. From classic ivory or champagne to more vibrant colors, the dial contributes significantly to the watch's overall personality. Many examples feature applied gold indices, further emphasizing the luxurious nature of the piece. The day and date apertures are clearly visible, a testament to Rolex's commitment to legibility. The movement, typically a caliber 3155, is a self-winding mechanical movement renowned for its accuracy and reliability, showcasing Rolex's commitment to horological excellence.
Market Value and the Pre-Owned Market
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