Rolex Oyster Perpetual Day Date 18k Yellow Gold Ref 18238 Appraisal

Rolex Oyster Perpetual Day-Date (President) 18K Yellow Gold Ref. 18238

The item is a Rolex Oyster Perpetual Day-Date wristwatch, confirmed to be crafted from 18 carat yellow gold, dating from 1997. This model, often referred to as the 'President' due to its iconic bracelet, features a robust and classic design. The watch presents a monochromatic aesthetic with its yellow gold case and bracelet, complemented by a champagne dial. The dial itself is adorned with applied yellow gold stick hour markers and matching yellow gold hands, including a central seconds hand. A prominent feature is the day display at the 12 o'clock position, showing 'SUNDAY' in black text against a white background, and the cyclops-magnified date window at the 3 o'clock position. The fluted bezel, a hallmark of the Day-Date series, adds a distinctive textural element and captures light elegantly. The case appears to be in good condition for its age, showcasing the natural luster of 18K gold, although minor surface scratches consistent with normal wear are likely present but not clearly discernible from the provided image. The President bracelet, characterized by its semi-circular three-piece links, shows some signs of wear typical of gold bracelets of this age, primarily in the form of stretching between the links, which is a common characteristic of vintage pieces. The watch operates with an automatic movement, as indicated by 'OYSTER PERPETUAL' and 'SUPERLATIVE CHRONOMETER OFFICIALLY CERTIFIED' on the dial, signifying its precision and pedigree. Overall, it is a well-preserved example of a luxury timepiece from the late 20th century, representing exceptional craftsmanship and enduring style.