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Old 6 August 2016, 02:09 PM   #1
Atone
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Any issues with this 1979 President Day-Date 18038?

I am not terribly knowledgable with these vintage pieces. This is being offered on trade to me and, ultimately, I will sell or trade this watch out as I am not a wearer of yellow gold but think it may be worth the effort. I just wanted to run this one past the sage eyes of the pros before I went any further with the transaction. Do you see any issues and what is a reasonable value to ascribe to this watch?





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Old 6 August 2016, 02:40 PM   #2
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Besides being polished more that I'd like, the day window and lettering look off to me.
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Old 6 August 2016, 03:03 PM   #3
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Besides being polished more that I'd like, the day window and lettering look off to me.
Thanks for the feedback. How do you mean "off"? Not factory or not centered in some way?
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Old 6 August 2016, 04:05 PM   #4
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Any issues with this 1979 President Day-Date 18038?

Overall badly polished but appears authentic, you need to at least check the inner clasp and caseback and back of the mid case hallmarks on a day date to establish authenticity
Accessories are correct

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Old 6 August 2016, 04:38 PM   #5
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Overall badly polished but appears authentic, you need to at least check the inner clasp and caseback and back of the mid case hallmarks on a day date to establish authenticity
Accessories are correct

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Ok. Thank you. What would a day date in this condition be worth on the low end?
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Old 6 August 2016, 04:40 PM   #6
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Ok. Thank you. What would a day date in this condition be worth on the low end?
Are you asking as a dealer/speculator and want us to evaluate it for you?
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Old 6 August 2016, 04:50 PM   #7
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Are you asking as a dealer/speculator and want us to evaluate it for you?
I'm not sure I understand the question or the intention of it. I am not a dealer. This watch has been offered on partial trade for a motorcycle I am selling. I had listed that I would take partial trades on sport model Rolex/Panerai/Audemars and a gentleman offered the watch I am inquiring about. I do not wear yellow gold and prefer sport style rolexes. Therefore, should this trade be favorable to me, I will make it and either sell the watch or trade towards something I will wear. I don't understand why those things would matter but since you asked that is the answer. I've requested no information that I wouldn't freely offer in areas and on items that I have expertise.
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Old 6 August 2016, 06:13 PM   #8
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Ok. Thank you. What would a day date in this condition be worth on the low end?


We can't value here but an eBay search of an 18038 and watch recon its in average condition without papers. You really must check the watch properly as if it's an aftermarket band that makes a difference to the end price


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Old 7 August 2016, 02:19 AM   #9
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We can't value here but an eBay search of an 18038 and watch recon its in average condition without papers. You really must check the watch properly as if it's an aftermarket band that makes a difference to the end price


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Ok. Thanks, I appreciate it. Sounds like there are too many variables that can bite me on this watch. I think I'll pass on it. Thanks for the info. I just got another email with a "red submariner". Lol. I think I'm in over my head with these things. I just wanted a nice ceramic GMT, sub or sea dweller.
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Old 7 August 2016, 02:26 AM   #10
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As a dealer price i would say somewhere in the 7k-8k range. This one personally would be towards the 7k side. As a private seller it would be sold more at the 8k-10k range.
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Old 7 August 2016, 11:40 AM   #11
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As a dealer price i would say somewhere in the 7k-8k range. This one personally would be towards the 7k side. As a private seller it would be sold more at the 8k-10k range.
thx, i actually wound up with this watch after all. I took it to Philippe in Beverly Hills and was instructed that it is original case, bracelet is aftermarket and clasp is original. Watch could use a service but keeps good time. I believe the trade value was decent and I will be listing it for sale shortly. Thanks for all the help. I will list it on the low end of what's been suggested.
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Old 8 August 2016, 05:22 PM   #12
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Quote:
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thx, i actually wound up with this watch after all. I took it to Philippe in Beverly Hills and was instructed that it is original case, bracelet is aftermarket and clasp is original. Watch could use a service but keeps good time. I believe the trade value was decent and I will be listing it for sale shortly. Thanks for all the help. I will list it on the low end of what's been suggested.
In your ad for this watch (which is currently suspended) you say that: "Watch is all original with, what I was told by Philippe Watches in BH, was a rebuilt bracelet. Nevertheless, it is indeed factory original and I have included pics of end of bracelet for your review".

Can you explain this change of description, please?
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Old 9 August 2016, 03:41 AM   #13
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In your ad for this watch (which is currently suspended) you say that: "Watch is all original with, what I was told by Philippe Watches in BH, was a rebuilt bracelet. Nevertheless, it is indeed factory original and I have included pics of end of bracelet for your review".

Can you explain this change of description, please?
Agree, there's a big difference between rebuild bracelet and aftermarket.
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Old 9 August 2016, 04:21 AM   #14
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Originally Posted by Old Expat Beast View Post
In your ad for this watch (which is currently suspended) you say that: "Watch is all original with, what I was told by Philippe Watches in BH, was a rebuilt bracelet. Nevertheless, it is indeed factory original and I have included pics of end of bracelet for your review".

Can you explain this change of description, please?
Yes, I was informed by a member (who requested pics of the inside of bracelet) that if the bracelet had a "55" stamped inside it was indeed a factory Rolex bracelet. Philippe said they "weren't sure" due to something about the clasp screws. I am on my phone but will post the pics of the bracelet stamp that I discovered when asked for those pictures. If this is incorrect, please advise. However, it seemed that it was indeed a factory bracelet after all and had most likely been rebuilt.
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Old 9 August 2016, 06:14 AM   #15
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Old 9 August 2016, 06:16 AM   #16
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Clasp is real. Endpieces I need a clearer shot and you need to check the links by removing a screw


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Old 9 August 2016, 10:56 AM   #17
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Clasp is real. Endpieces I need a clearer shot and you need to check the links by removing a screw


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It is currently boxed up for shipping and sold pending funds to a dealer who seemed to feel that the watch was authentic. I will happily go through it and photograph these areas should this sale not go through and I relist it. Consequently, this is a dealer from here on RF. So I guess you guys will be seeing it again shortly for quite a few more $$
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