ROLEX | DAY-DATE, REF 18238YELLOW GOLD AND FERRITE HARDSTONE WRISTWATCH WITH DAY, DATE AND BRACELETCIRCA 1989

Dial: ferriteCalibre: cal. 3155 automatic, 31 jewelsMovement number: 5'203'868Case: 18k yellow gold, screw-down backCase number: L'900'784Closure: 18k yellow gold Rolex President bracelet and folding claspDimensions: 36 mm, bracelet circumference approx. 195 mmSigned: case, dial and movementAccessories: none

MVT: running at the time of cataloguing. Day and date advancing. CASE: with scuffs and scratches consistent with age and wear. The bracelet with scuffs and scratches, and has loosened with age and use. DIAL: in very good condition. Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band. Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"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."

Admired on the wrists of those ruling the world for over half a century, the Day-Date has uninterruptedly starred as the brand's top grade offering since its inception in 1956. A more discreet amount of hard stone dials were produced and fitted to the watches, such as the ferrite dial fitted to the present watch from 1988. These rare pieces are becoming highly collectible in today's market.