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Rolex - 18038 - Day-Date - President - Mens

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Name 18038
Family Day-Date
Subtype President
Gender Mens
Movement Rolex 3055 (Details)
Years in Production 1978 - 1987
Case Diameter (mm) 36
Mechanism Automatic
Chronometer Yes
Hacking Yes
Date Function Yes
Quickset Yes
Power Reserve (Hours) 42
Frequency (bph) 28,800
Jewel Count 27
Thickness (mm) 12
Second Hand Sweep
Case Material Gold 18K Yellow
Shape Round
Day Position 12 O'Clock
Date Position 3 O'Clock
Crown Position 3 O'Clock
Crystal Material Sapphire
Band Type Bracelet
Band Material Gold 18K Yellow
Band Replaceable Yes

Notes: This is a Rolex 36mm Day-Date president produced from the late 1970s through the 1980s. It is made with in sold 18K yellow gold with a matching 18K yellow gold bracelet. One version features a fluted 18K yellow gold bezel and index hour marks. A fancier version features a diamond bezel (1.00 ct total weight) with diamond hour marks. The diamond version retailed for about $50,000. The simpler version retailed in the $10,000 range. I have only seen champagne colored dials but I suspect this watch was originally produced in a range of different dial color options.

The Cal. 3055 released in 1977, it formed part of the 3000 series of movements that ushered in the high beat frequency era, giving the emblematic flowing seconds hand of all latter day Rolexes. It was the fifth generation Rolex Day-Date movement The Cal. 3055 brought many changes for both the day and the date functions but, as a single Quickset movement, only the date could be adjusted with the crown An unusual aspect of the Cal. 3055 is, unlike the vast majority of Rolex’s engines, it was only ever used in one model of watch. This was the 1977 edition of the 18038 Day-Date.

Family Notes: The Rolex Day-Date was introduced in 1956. It soon became known as the "Rolex President". It was unofficially renamed after President Eisenhower became associated with this model watch. This association was made as the watch was known to have been worn by LBJ and shared a scandalous connection to JFK. Since then it has earned the vote of a diverse array of potentates, including Warren Buffett, Jay Z, and (fictional character) Tony Soprano. In 1977, Rolex started using the new (at the time) 3055 movement for the Day-Date/President line. As of 2018, the Day-Date 40 uses the 3255 movement.

Item created by: gdm on 2018-12-13 11:12:55. Last edited by gdm on 2018-12-13 11:17:40

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