Rolex President: Need Opnions

[TickTok]

Hi, my father bought this watch about a decade ago from someone who was in need of quick cash. He sold it to him for around $ 10,000. I've been wearing it lately and I would appreciate some comments on it from all the Rolex experts regarding it's genuineness and model current worth etc.

Thanks,

[Lol-x]

I don't think it is a 118238 as shown by the green sticker on the back......so I'm not sure.

[MonBK]

I think it's a 18238 and not a 118238.

[Rolex116520]

Originally Posted by MonBK

I think it's a 18238 and not a 118238.

Not sure , how do you tell the difference ?

[TickTok]

Thank you for the comments. I checked out both 118238 and 18238.

My questions are:

1). It only says "Rolex" under the crown and nothing else like "Oyster" or "President".

2). Similarly Day-Date is written in the lower center instead of the commonly being found under "Oyster" etc.

3). I remember seeing a similar dial on a website once but since have been unable to find any other Rolex's with the similar dial saying "Rolex" etc.

4). Is this a DAY-DATE model or the "President" model ?

[MonBK]

Originally Posted by Rolex116520

Not sure , how do you tell the difference ?

Simply by the fact that the OP's father bought it over a decade ago when the 118238 didn't exist.

[MonBK]

Originally Posted by TickTok

Thank you for the comments. I checked out both 118238 and 18238.

My questions are:

1). It only says "Rolex" under the crown and nothing else like "Oyster" or "President".

2). Similarly Day-Date is written in the lower center instead of the commonly being found under "Oyster" etc.

3). I remember seeing a similar dial on a website once but since have been unable to find any other Rolex's with the similar dial saying "Rolex" etc.

4). Is this a DAY-DATE model or the "President" model ?

1. It's because of the Jubilee dial that looked like that back then

2. See #1

4. The model is called Day Date and the bracelet President

I can not tell by your pictures if the watch is authentic or not but so far it looks good.

[TickTok]

Did a little more research on the watch and finally found a little info. I would appreciate if you guys could comment a little.

http://www.chrono24.com/en/rolex/men...-id1653747.htm

http://www.timeandgems.com/Rolex-Men...zel_p_258.html

[HL65]

Originally Posted by MonBK

Simply by the fact that the OP's father bought it over a decade ago when the 118238 didn't exist.

I love common sense!!!

[Rolex116520]

Originally Posted by MonBK

Simply by the fact that the OP's father bought it over a decade ago when the 118238 didn't exist.

You got me there .. I should start reading things and not only look at the pictures .
Still .. or the sticker is wrong ..or the whole watch is a pretty accurate copy or maybe the OP has not got his facts right .
BTW .. when were the first 116238 sold ?

[Rolex116520]

Originally Posted by SteelerFan1965

I love common sense!!!

Mon may not be good at spelling .. but surely reads well

[TickTok]

I wrote 'about' a decade back, so that's 8/9 years ago.

There is absolutely nothing about the watch which makes me think it's a copy, I just did not know the model details which by your guys kind help I was able to trace out.

On another note, I highly doubt that counterfeiters would be able to stamp a model number on a model before Rolex even launched it ;)

[Rolex116520]

Originally Posted by TickTok

I wrote 'about' a decade back, so that's 8/9 years ago.
On another note, I highly doubt that counterfeiters would be able to stamp a model number on a model before Rolex even launched it ;)

Decade in my book is 10 years .. maybe you got a discount on it

Believe me ..there were 116610LN's on Ebay before it was presented at Basel fair

[Rolex116520]

Take off the bracelet on the 12 o'clock side and have a look what is written on the case between the lugs . Post a picture of it if you want .

[nolawis]

I don't think that the first vertical line is actually a "1" It would throw off the model number being centered on the sticker from my vantage point. Perhaps just a coincidental impression of a vertical line. Best guess.

[TickTok]

Thank you, I will take it to a Rolex dealer and have the serial number checked out