The Rolex Day-Date, affectionately known as the "President," holds a unique position in the horological world. Its commanding presence, prestigious history, and association with world leaders and influential figures have cemented its status as an icon. Within the Day-Date lineage, the reference 18248 stands out as a particularly desirable model, representing a specific era of design and craftsmanship. This article explores the Rolex Day-Date 18248 in detail, examining its retail and market price, model specifications, historical trends, and comparing it to related references. We'll also delve into frequently asked questions surrounding similar models, clarifying common points of confusion.
Model Specifications and Historical Context:
The Rolex Day-Date 18248 is a 36mm watch, crafted from 18-karat yellow gold. This size, while considered classic, may feel smaller to those accustomed to modern, larger watches. Its defining feature is the complication displaying the full day of the week, spelled out in a language selected at the time of purchase, alongside the date. This dual-display complication is a hallmark of the Day-Date line, setting it apart from other Rolex models. The 18248 houses the calibre 3055, a self-winding movement known for its reliability and accuracy. This movement, a workhorse of Rolex, boasts a power reserve of approximately 48 hours.
The 18248 was produced during a specific period, representing a transitional phase in the Day-Date's evolution. While precise production years are not readily available in a single, definitive source, research suggests its production spanned several years, likely overlapping with other references. Pinpointing the exact start and end dates requires extensive research through auction records and dealer inventories. Understanding the production year significantly impacts the watch's value, as certain years may be more sought-after by collectors.
Retail and Market Price: A Fluctuating Landscape
Determining the exact retail price of a Rolex Day-Date 18248 at the time of its production is challenging due to the lack of readily accessible historical pricing data. However, considering the materials and complications, it would have commanded a substantial sum, reflecting its position as a luxury timepiece.
The market price, however, is far more dynamic. Several factors influence the value of a used 18248:
* Condition: The overall condition of the watch is paramount. Scratches, dents, and signs of wear will significantly impact its value. A pristine, unpolished example will fetch a considerably higher price than one showing significant wear.
* Dial and Hands: The original dial and hands are highly sought after. Re-dialed or replaced hands can dramatically decrease the value. Specific dial variations, such as those with unique colors or textures, can command premiums.
* Box and Papers: The presence of the original box and papers (warranty card, booklets) significantly increases the value and provides provenance. A complete set enhances authenticity and buyer confidence.
* Market Demand: The overall demand for vintage Rolex watches, especially popular models like the Day-Date, fluctuates. Strong market demand can drive prices upward, while reduced demand can lead to lower prices.
Currently, the market price for a Rolex Day-Date 18248 varies considerably depending on the factors mentioned above. Expect to find prices ranging from tens of thousands to well over one hundred thousand dollars for exceptional examples. Consulting reputable vintage watch dealers and auction houses provides the most accurate assessment of current market values. Online forums and resources dedicated to Rolex watches can offer additional insights into recent sales and pricing trends.
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