The question of how much a 1989 Rolex 18kt President is worth is a complex one, dependent on several factors beyond simply the year and metal. While a specific example, an Oyster Day-Date President Yellow Gold Blue Dial 36mm Full Set from 1989, is listed at $19,117 + $268 shipping, this serves as only one data point in a broader market. Understanding the variables that influence the price of a vintage Rolex, particularly a prestigious model like the Day-Date President, is crucial for both buyers and sellers. This article will delve into the factors impacting the value of a 1989 Rolex 18kt President, exploring specific model variations and providing context for the price range you might encounter.
The 1989 Rolex for Sale: A Case Study
The advertised example, a 1989 Rolex Day-Date President in 18k yellow gold with a blue dial and a 36mm case size, represents a specific configuration. The "Full Set" designation is critical. This indicates the watch comes with its original box, papers (warranty card, booklets), and potentially other accessories. The completeness of the set significantly increases the value. A watch lacking these original documents will command a considerably lower price, even if in pristine condition.
The $19,117 price tag, though seemingly high, is within the realm of possibility for a well-preserved example in this configuration. However, it's crucial to remember that this is just one listing, and prices can fluctuate based on several factors we will discuss below. The location of the seller (NL, likely Netherlands) might also subtly impact pricing due to regional market variations.
Rolex President 18k Yellow Gold: A Symbol of Status
The Rolex Day-Date President, made exclusively in precious metals (gold, platinum), has long been a symbol of status and success. The 18k yellow gold variant, specifically, holds a particular appeal for its classic, opulent look. The inherent value of the gold itself contributes significantly to the watch's overall worth. Fluctuations in the price of gold directly impact the resale value of these timepieces.
The 1989 production year falls within a period when Rolex’s craftsmanship and design were already highly refined. These watches are often seen as representing a transitional period in Rolex design, offering a blend of classic aesthetics and robust build quality.
1989 Rolex 383 Price: Deciphering the Reference Number
The reference number is crucial for determining a Rolex's value. While the listing doesn't explicitly state the reference number (e.g., 18238), it mentions the 36mm case size, which narrows down the possibilities. The reference number 18238 is commonly associated with the Day-Date President in 36mm, 18k yellow gold. Knowing the precise reference number allows for more accurate valuation, as different reference numbers within the same model line can have distinct features and market values.
A thorough investigation of the specific reference number is crucial when assessing the price of a 1989 Rolex. Variations in dial design, bracelet type (President bracelet is typical but not always guaranteed), and other minor details can all influence the final price.
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