Skip to content
Rolex Day-Date ref. 18038, 'Bloodstone' Dial — view 1 of 6
View 1 of 6 · Image: Oliver & Clarke · original image source (opens another website in a new tab)

Wristwatches · Wristwatch

Rolex Day-Date ref. 18038, 'Bloodstone' Dial

DocumentedDocumented from a dealer's listing; attribution and date as stated by the dealer.
Maker / attribution
Rolex (maker)
Date
c. 1979
Country of origin
Switzerland
Object type
Wristwatch
Stock no.
OC2394
Credit line
Dealer listing, Oliver & Clarke (OC2394)
Catalogue title (original)
Rolex Day-Date Ref. 18038 - 'Bloodstone' Dial (English)

View the source record (dealer listing) ↗ (opens another website in a new tab)Suggest a correction

Record summary

Catalogued by Oliver & Clarke (dealer), United Kingdom (stock number OC2394), this is a wristwatch by Rolex, made in Switzerland, dated c. 1979. The Atlas places it in the Quartz Revolution period (1969 – 1990) of its Wristwatches collection. The record is illustrated with 6 photographs.

Assembled from the source record's structured fields. Dates and attributions are given as the source states them; where a field is missing the Atlas leaves it blank rather than estimating.

Catalogue description

Dealer description — Oliver & Clarke

When the Day-Date was released in 1956, Rolex had made numerous attempts to capture the market with more complicated timepieces such as the Ref. 6036, the Ref. 8171, and the Ref. 6062, but it seemed like buyers were not particularly fond of complicated Rolexes. All of that changed when President Dwight D. Eisenhower was spotted wearing one Rolex in particular: a Day-Date. The model has since become known worldwide as ‘The President’ and as a symbol of success and prestige. Simply put, this one stuck. The Day-Date was available for many years on a leather strap with a matching gold buckle, but also on a solid gold bracelet (called a 'President' bracelet), like the example that we have here. However, this isn't your run of the mill Day-Date... The piece that we have here features a striking, 'bloodstone' stone dial, which belongs to a family of watches produced with a series of rare and exotic stones. These dials are as rare as they are beautiful to behold. Produced for a limited time these dials were handmade by artisans — something we don't usually associate with the sports watches that Rolex is known for — and have always been coveted as some of the more collectible vintage Rolexes, full stop. This example dates to circa 1979 and comes to us is excellent overall condition. The case shows signs of a light polishing an an earlier time, retaining symmetrical lugs in all four corners and shows normal signs of wear throughout with mild sleeve-polish. The correct 'fluted' yellow gold bezel appears to be unpolished, with strong, defined factory finishing and shows matching normal wear. The correct 'President bracelet is also in matching condition, showing signs of a very light previous polishing and normal wear. The highlight of this piece though, of course, is that incredible stone dial within. Free from applied indices and luminous material, it features an applied coronet logo at the usual position, gold printed text, and framed day and date apertures — all of which are complimented by a correct non-luminous gold handset. The dial itself is devoid of any fractures or cracks and remains in seemingly flawless condition. An absolute treat. This particular cut of stone also has a generous amount of red deposits, lending themselves to a dynamic and particularly attractive example. The combination of the green dial within the yellow gold case is undeniably a match made in heaven. Take into account the fantastic overall condition of it's components and the result is a truly special and rare piece fit for the Day-Date connoisseur.

Historical context

Quartz Revolution (1969 – 1990)

Seiko's Astron begins mass quartz timekeeping; traditional industries contract sharply.

Quartz and digital watches transformed the market after 1969. Swiss employment collapsed, Japanese and Hong Kong production soared, and the Swatch (1983) helped the Swiss industry recover; mechanical watches survived as luxury goods.

Read the period in the timelineMore wristwatches from this periodEarlier: Modern Mechanical Horology

Atlas type guide

Calendar, moon-phase and perpetual calendar watches

Calendar complications range from a simple date to the perpetual calendar, which automatically allows for months of different lengths and leap years until 2100. Pocket watches with perpetual calendars were made in the eighteenth and nineteenth centuries; Patek Philippe made the first perpetual calendar wristwatch in 1925, and series production followed in 1941. The annual calendar (Patek Philippe, 1996) needs correction only once a year.

Moon-phase displays use a disc with two moons and 59 teeth advanced daily, approximating the 29.5-day lunation; more precise trains reduce the error to one day in over a century.

What to look for

  • Apertures or subsidiary dials for day, date, month and leap year.
  • Moon disc under a 'bosom' shaped aperture.
  • Recessed correctors on the case band for setting the calendar.

Dating clues

  • Triple-date wristwatches: popular c. 1940–1955.
  • Perpetual calendar wristwatches: from 1925 (unique) and 1941 (series).

General guidance written by the Atlas editors about this kind of object. It is not a statement about this particular piece; for that, rely on the source record above and on physical examination.

Related records