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Vintage 18K Gold Rolex President Ref 18038 circa 1984 — view 1 of 4
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Wristwatches · Wristwatch

Vintage 18K Gold Rolex President Ref 18038 circa 1984

DocumentedDocumented from an auction catalogue; attribution as stated by the auction house.
Maker / attribution
Rolex (maker)
Date
c. 1984
Country of origin
Switzerland
Object type
Wristwatch
Materials / technique
18k gold, gold
Lot
Item 62549990
Credit line
Auction lot record: lot 142, VINTAGE AND MODERN TIMEPIECES AUCTION, Champagne Auctions (2018), via LiveAuctioneers
Catalogue title (original)
Vintage 18K Gold Rolex President Ref 18038 Circa 1984 (English)

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Record summary

Catalogued by LiveAuctioneers auction archive (lot Item 62549990), this is a wristwatch by Rolex, made in Switzerland, dated c. 1984. The Atlas places it in the Quartz Revolution period (1969 – 1990) of its Wristwatches collection. Materials and techniques recorded by the source: 18k gold, gold. The record is illustrated with 4 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

Lot description — Champagne Auctions

The incredible Presidential Day-Date Rolex has been the watch of choice of influential men throughout history; most notably we have American Presidents such as Kennedy, Johnson, Ford, Reagan, Nixon and Roosevelt. Known for its opulent and impressive design, this Presidential Day-Date does not disappoint with its diamond set dial and solid 18K yellow gold construction. The perfect sapphire crystal reveals the mint simplistic yet dramatic champagne dial. The factory set diamond hour markers are immaculate as are the baton styled handset. The 36mm 18K yellow gold case is sharp and the stampings are still very much defined. Only sign of wear would be some slight tarnish that is visible around the Rolex stamped crown. The fluted bezel is in the same shape as the case and has no visible defects. The watch is powered by Rolex’s near indestructible automatic calibre 3055 movement. Interestingly this reference 18038 was the 1st in the president line to come equipped with the 3055 movement that had the addition of the quickset feature that allowed the wearer to set the date independently The instantly recognizable President bracelet features 3-piece semi-circular links, creating a bold look that you will never want to take off. It easy to see why the Rolex President has become the watch of choice by Rolex enthusiasts all over the world! Manufacturer: Rolex Year: 1984 Reference No: 18038 Model Name: President Material: 18K Yellow Gold Calibre: Rolex 3055 Bracelet/Strap: 18K Gold Rolex President Ref 8385 Case Size: 36mm Accessories: n/a We do our best to ensure that all our watches are exactly as described. In the event that the watch operates outside of the listed specifications, the Auction house will only accept full returns. Due to the nature of vintage timepieces we cannot guarantee water resistance. Pre-Owned timepieces may require servicing to perform to specification unless it has been specified. We provide a 24hr/Accuracy reading for reference purposes only.

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

Wristwatches

Bracelet watches were worn by women from the early nineteenth century — Breguet made one for Caroline Murat, Queen of Naples, in 1810–12 — but the wristwatch only became a man's instrument with military use and aviation in the early twentieth century. Between the World Wars it overtook the pocket watch; the 1920s and 1930s brought rectangular Art Deco cases, water-resistant cases and the first automatic winding systems.

After 1945 the wristwatch became a carrier of identity — dress watches, sports and dive watches, chronographs, calendars — produced by Swiss, American, Japanese, German, Soviet and Chinese industries. The quartz revolution after 1969 and the mechanical renaissance since the 1990s, including the rise of independent watchmakers, complete the story.

What to look for

  • The reference number (between the lugs or inside the case back) and serial number, the starting point for dating.
  • The calibre: its maker and number are often stamped under the dial or on the bridge.
  • Originality of dial, hands and crown — refinished ('redial') dials are common.
  • Case material marks: 18K/750, 14K/585, stainless steel, gold-filled, plated.

Dating clues

  • Wire-lug cases: before c. 1925.
  • Water-resistant screw-down cases: from 1926.
  • Quartz movements: from 1969; sapphire crystals widespread after c. 1980.

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.

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