The Rolex Day-Date, affectionately known as the "President," holds a unique position in the world of luxury watches. Its association with heads of state and influential figures has cemented its status as a symbol of power, prestige, and impeccable craftsmanship. Within the Day-Date family, the reference 118239 stands out as a particularly sought-after model, characterized by its understated elegance and the use of precious platinum. This article will delve into the intricacies of the Rolex 118239, exploring its design, history, auction results, second-hand market value, and its place within the broader Rolex Day-Date lineage.
The Allure of the Platinum President: Design and Specifications
The Rolex 118239 is a 36mm Oyster Perpetual Day-Date, crafted from 950 platinum. This instantly elevates it above its gold counterparts, offering a subtle yet undeniable sense of luxury. The platinum case, known for its remarkable density and resistance to scratching, lends a cool, understated sheen that perfectly complements the watch's classic design. The smooth bezel, a hallmark of the Day-Date, further emphasizes the watch's refined aesthetic.
One of the key features distinguishing the Day-Date from other Rolex models is its dual display: the date window at 3 o'clock and the full day spelling at 12 o'clock. This complication, a testament to Rolex's horological expertise, adds a sophisticated touch to the already elegant timepiece. The 118239 typically features a variety of dial options, ranging from classic white or black to more vibrant hues. The dial's design, often featuring applied indices and hands crafted from 18k gold, further contributes to the watch's overall luxurious feel.
The movement powering the 118239 is a caliber 3155, a self-winding mechanical movement known for its precision and reliability. This movement, entirely developed and manufactured by Rolex, boasts a power reserve of approximately 48 hours. Its robust construction ensures the watch's accuracy and longevity, a cornerstone of the Rolex reputation. The movement is concealed behind a solid case back, adding to the watch's overall understated elegance.
Auction Results and Second-Hand Market Performance:
The Rolex 118239, due to its rarity and the inherent value of platinum, consistently commands impressive prices in the secondary market. Tracking auction results provides valuable insight into its market performance. While specific auction prices vary depending on the dial color, condition, and accompanying accessories (original box and papers), it's common to see these watches fetch prices significantly above their original retail price.
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