ROLEX | A FINE YELLOW GOLD AUTOMATIC CENTER SECONDS WRISTWATCH WITH DAY, DATE, DIAMOND AND RUBY-SET INDEXES AND BRACELETREF 18238 CASE L537810 DAY-DATE CIRCA 1988

• cal. 3155 automatic movement, 31 jewels • gilt dial, diamond and ruby-set indexes, aperture for day, magnified aperture for date, center seconds • 18k yellow gold Oyster case, fluted bezel, screw-down crown and case back • case, dial and movement signed • with an 18k yellow gold Rolex President bracelet and folding clasp

The movement in working condition at the time of cataloguing, the date functions are working properly. The dial is in excellent overall condition. The band with minor signs of wear at places, particularly toward the left. Underneath all the lugs with minor surface wear from removing the bracelet. Underneath the upper left lugs with minor signs of oxidization. The case back with signs of wear throughout the edges, the millings is sharp. Inside the case back is stamped 18200. The bracelet with minor surface wear toward the center. * Please note that the movement has not tested for the accuracy of time and may need service at the buyer's expense. Please note that Sotheby's does not guarantee the future working of the movement.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."

Manufactured in the late 80's, this glamorous reference 18238 Day Date is fitted with a champagne dial highlighted with diamond and ruby indexes.  The watch is further distinguished with its exceptional state of preservation. For another example of a Rolex Day-Date reference 18238, please see Pucci Papaleo, Day-Date, The Presidential Rolex, pages 306-309