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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
25 May 2015, 10:42 PM
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#1 |
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"TRF" Member
Join Date: Jan 2015
Location: North East
Watch: DD.Daytona.SD.Subs
Posts: 564
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Rolex 18038 Presidential Thoughts???
Hey guys,
I own a TT Sub M series, and a SubC Date. The 18038 has a special place in my heart. It's the watch my dad has worn for years. Thinking of picking up this kind of vintage piece. Thoughts on this particular watch and condition? I see the band has some a stretch, I'm ok with that. It's a 1985... What price range you think I should be at? Also do you see a major polishing? How are lugs? Thanks guys!! Steve         I see the band has some a mild stretch, I'm ok with that. It's a 1985... What price range you think I should be at? Also do you see a major polishing? How are lugs? Thanks guys!! Steve Sent from my iPhone using Tapatalk |
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25 May 2015, 10:47 PM
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#2 |
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Banned
Join Date: Sep 2010
Location: NYC
Posts: 3,506
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Very nice and clean dd w sharp case. Very little stretch on the band to boot.
Prices have expanded for awhile on these, especially ones in good condition. Anything under $9.75k is a decent deal. |
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25 May 2015, 11:37 PM
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#3 |
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2024 Pledge Member
Join Date: Aug 2012
Location: NYC/South Fl
Watch: Rolex, Patek
Posts: 3,687
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watch looks really good and is complete. Should be in the upper 9's....maybe low 10's
Last edited by Daytonaman799; 25 May 2015 at 11:38 PM.. Reason: wanted to elaborate more |
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25 May 2015, 11:42 PM
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#4 |
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Banned
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It's a nice one, will be in style for 1,000 years. IMHO under $10K is a steal, I'd go as high as $11K.
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25 May 2015, 11:43 PM
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#5 |
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"TRF" Member
Join Date: Jan 2015
Location: North East
Watch: DD.Daytona.SD.Subs
Posts: 564
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Rolex 18038 Presidential Thoughts???
Lugs look sharp and unpolished?
Sent from my iPhone using Tapatalk |
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26 May 2015, 12:38 AM
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#6 |
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2024 SubLV41 Pledge Member
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,741
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There is a little wear on the bracelet, no show stopper at all, so obviously the watch is worn. You cannot wear a watch and don't get small scratches on the bracelet and case. Pictures show a very nice clean watch, without any scratches. Therefore it must have been recently polished, but this would not concern me, nicely done.
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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26 May 2015, 02:03 AM
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#7 |
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"TRF" Member
Join Date: Mar 2014
Real Name: Steve
Location: TO CAD, HCMC VN
Watch: MP 18946
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I would hold off and get a 11, it is heavier and worth the extra premium IMO. If I had to throw a number this would be 8500. Maybe I am being soft on the price. I am a little off with the current going rates on this piece.
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26 May 2015, 02:31 AM
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#8 | |
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"TRF" Member
Join Date: Mar 2014
Location: ND
Posts: 511
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Quote:
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26 May 2015, 02:55 AM
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#9 |
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2024 SubLV41 Pledge Member
Join Date: May 2011
Real Name: Larry
Location: San Diego, CA
Watch: ROLEX
Posts: 25,615
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offer 9.5K, 10K to 10.5K is OK... You will LUV it!
__________________
 ✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->? ⛳ Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.  |
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26 May 2015, 03:10 AM
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#10 |
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"TRF" Member
Join Date: Jan 2009
Real Name: Larry
Location: Kentucky
Watch: Yes
Posts: 35,009
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Looks like a nice watch...somewhere around 10k should be OK.
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26 May 2015, 03:11 AM
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#11 |
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2024 Pledge Member
Join Date: Jun 2008
Location: USA
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Looks pretty nice although as others have said bracelet is a little stretched. That's tough for the PM models because to replace the bracelet would cost as much or more than the entire watch. As a point of reference, in 2005 I bought a 1980 with box and papers and zero stretch for $8200. It had been in the safe for years.
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26 May 2015, 03:46 AM
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#12 |
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"TRF" Member
Join Date: Jan 2015
Location: North East
Watch: DD.Daytona.SD.Subs
Posts: 564
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I wonder what the price of gold was in 2005?
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26 May 2015, 03:51 AM
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#13 |
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"TRF" Member
Join Date: Oct 2013
Real Name: Ky
Location: Bay Area, CA
Watch: 16570
Posts: 2,362
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That's a very nice DD. Case is strong and the bracelet is not bad at all with many years of service left in it. Single quick set but I don't find that to be an issue at all. They are not that difficult to find, even in good shape and the comps that I've seen for sale recently were around 10 to 11K.
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26 May 2015, 04:19 AM
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#14 |
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2024 SubLV41 Pledge Member
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,741
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With 11 meaning 6 digit reference. These 6 digit DD's are newer and have a solid bracelet, upgraded clasp and polished lugs.
The feeling is so much different between the hollow and solid bracelet that it is worth to save up more to buy a newer one. I had my 18238 bracelet modified to a solid one, just for the feel. It's like two different watches. Did not want to flip my DD so this was a nice alternative. You may consider a 18238 (double quickset) instead of the 18038 which is a single quickset. That makes setting day and date a lot quicker but looks the same.
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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26 May 2015, 06:52 AM
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#15 |
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2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,368
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Looks very good to me, I'd go up to 10.5K.
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26 May 2015, 07:46 AM
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#16 |
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2024 Pledge Member
Join Date: Jun 2008
Location: USA
Posts: 1,629
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I'm a fan of the single quick if you can find it. Watch continued to look the same even once it went double quick through the late 90s. Excellent value IMO.
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26 May 2015, 10:16 AM
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#17 |
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Banned
Join Date: Feb 2012
Location: Canada
Posts: 26,846
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Looks great
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26 May 2015, 10:21 AM
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#18 |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,662
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Joli....What does that mean? I had my 18238 bracelet "modified to a newer one"? Huh?
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26 May 2015, 10:24 AM
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#19 |
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"TRF" Member
Join Date: Oct 2009
Location: The Ozone
Watch: DD, DJ, SubC Date
Posts: 1,666
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There's a lot of stretch on that bracelet ... the bracelet is where most of the $$ is, and it's expensive ti replace. So, I would look for a better example.
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26 May 2015, 12:00 PM
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#20 |
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"TRF" Member
Join Date: Jan 2011
Real Name: David
Location: australia
Posts: 20,215
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nice condition, hard to find go for it under 11k
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26 May 2015, 12:33 PM
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#21 |
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2024 Pledge Member
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Location: SF, south bay
Posts: 5,221
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Work from 10k. It is a full set.
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26 May 2015, 03:12 PM
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#22 | |
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"TRF" Member
Join Date: Jan 2011
Real Name: David
Location: australia
Posts: 20,215
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Quote:
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watches many |
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26 May 2015, 05:58 PM
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#23 |
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"TRF" Member
Join Date: Jun 2012
Location: canada
Watch: rolex explorer ii
Posts: 493
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Nice. 9.2k max for me.
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26 May 2015, 06:10 PM
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#24 |
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2024 SubLV41 Pledge Member
Join Date: Apr 2013
Location: NL
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Hey Tom, PM sent
http://www.rolexforums.com/showthread.php?t=412440
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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26 May 2015, 08:41 PM
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#25 |
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"TRF" Member
Join Date: Jan 2015
Location: North East
Watch: DD.Daytona.SD.Subs
Posts: 564
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How can you tell it came with leather band?
Sent from my iPhone using Tapatalk |
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26 May 2015, 08:50 PM
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#26 |
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2024 SubLV41 Pledge Member
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,662
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great story, thanks Johan
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26 May 2015, 08:52 PM
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#27 |
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"TRF" Member
Join Date: Feb 2012
Real Name: Craig
Location: Sydney
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Posts: 5,807
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Nice watch with set 10K sounds about right. Nothing wrong with the 18038 for mine. Prices can climb quicker with the 6 digit reference.
__________________
Day Date 118206, Daytona 116509 & 116505, AP 25859ST Gone but not forgotten and genuinely missed..... Root Beer GMT, Sub, TT Daytona, YG DD Bark, Datejust(2 his & hers), AP RO, PP Aquanaut, Lange 1, Heuer Monza, Piaget Altiplano, GP Chrono, Seamaster, Tudor Sub, Tudor Chrono, Tudor Black Bay Bronze |
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27 May 2015, 01:39 AM
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#28 |
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"TRF" Member
Join Date: Oct 2014
Location: LA / HI
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Posts: 475
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Great buy from a great seller too!
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Spread Aloha, -MB |
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27 May 2015, 03:01 AM
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#29 | |
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Banned
Join Date: Sep 2011
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Quote:
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27 May 2015, 06:32 AM
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#30 |
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"TRF" Member
Join Date: Jan 2015
Location: North East
Watch: DD.Daytona.SD.Subs
Posts: 564
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Here is clasp, how's it look? Gen Rolex!?? Lol :)
 Sent from my iPhone using Tapatalk |
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