rolex presidential gold white dial | used Rolex president white gold

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The Rolex Day-Date, affectionately known as the "Presidential," is the epitome of understated luxury. Its iconic presence on the wrists of world leaders and influential figures has cemented its status as a symbol of power, prestige, and impeccable craftsmanship. This article focuses specifically on the 18-karat gold Rolex Presidential with a white dial, examining its financial performance, current market value, and the factors influencing its price. We will also explore related models and provide insights into finding the best deals on the pre-owned market. Specifically, we'll delve into the Rolex ref. 118238, highlighting the opportunities available on platforms like Chrono24.

Understanding the Rolex Ref. 118238: A Classic Presidential

The Rolex ref. 118238 represents a specific iteration of the Day-Date, showcasing the brand's commitment to excellence. This model features an 18-karat yellow gold case and bracelet, paired with a crisp white dial. The combination is timeless and elegant, appealing to those who appreciate classic design and enduring quality. The white dial, often featuring Roman numerals or diamond hour markers depending on the specific sub-model, provides a striking contrast against the warm gold, creating a visually captivating piece.

The movement within the ref. 118238 is a testament to Rolex's horological expertise. It houses a self-winding mechanical movement, typically a calibre 3155, known for its accuracy, reliability, and impressive power reserve. This ensures the watch runs smoothly and precisely, a hallmark of Rolex's dedication to precision timekeeping.

Financial Performance and Market Value: A Rising Star

The Rolex Presidential, particularly the yellow gold versions like the ref. 118238, has consistently demonstrated strong financial performance. It's not simply a timepiece; it's a valuable asset that often appreciates over time. Several factors contribute to this:

* Rarity and Exclusivity: Rolex produces a limited number of gold Day-Dates each year, increasing their desirability and value. The ref. 118238, being a specific model, further contributes to its rarity.

* Brand Recognition and Prestige: The Rolex name is synonymous with luxury and prestige. Owning a Rolex Presidential is a statement of success and refined taste. This strong brand recognition significantly impacts its resale value.

* Material Value: The substantial amount of 18-karat gold used in the construction of the ref. 118238 contributes significantly to its overall value. The price of gold fluctuates, but generally remains a strong investment, bolstering the watch's worth.

* Collectibility: Many collectors actively seek out vintage and classic Rolex models, driving up demand and prices for sought-after pieces like the ref. 118238. The condition of the watch, its original box and papers, and its overall history significantly impact its collectibility.

Determining the precise current market value requires considering several factors, including the watch's condition, any modifications, the presence of original documentation, and the current market demand. While a definitive price is impossible to state without a specific appraisal, the ref. 118238 generally commands a significant price in the pre-owned market, often exceeding its original retail price by a substantial margin. Checking reputable online marketplaces like Chrono24 provides a good overview of current asking prices.

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