Reference:118388: Difference between revisions

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==Market==

The 118388 ~~trades~~ through ~~the jewellery~~ and ~~dealer market rather than~~ the catalogued watch auctions, and it is valued differently from a plain Day-Date. Two things drive it. The first is whether the setting is factory, since aftermarket stones are common on Day-Dates and carry a fraction of the value; Rolex paperwork and the quality and regularity of the setting are what settle it. The second is the dial, which is the pattern across the whole 6-digit generation. Christie's Hong Kong sold a coral-dial [[Reference:118208|118208]] for HKD 525,000 in 2014 and a bloodstone example for HKD 225,000 in 2018, both several multiples over a plain-dial equivalent of the same reference. On the 118388 the jade carousels, the Bull's Eye and the meteorite occupy that position, and a champagne Roman on a plain President sits at the other end.

The 118388 mostly changes hands through jewellers and specialist dealers, with only occasional appearances at the catalogued watch auctions, and it is valued differently from a plain Day-Date. Two things drive it. The first is whether the setting is factory, since aftermarket stones are common on Day-Dates and carry a fraction of the value; Rolex paperwork and the quality and regularity of the setting are what settle it. The second is the dial, which is the pattern across the whole 6-digit generation. Christie's Hong Kong sold a coral-dial [[Reference:118208|118208]] for HKD 525,000 in 2014 and a bloodstone example for HKD 225,000 in 2018, both several multiples over a plain-dial equivalent of the same reference. On the 118388 the jade carousels, the Bull's Eye and the meteorite occupy that position, and a champagne Roman on a plain President sits at the other end.

== Related references ==

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 ==Market==
-The 118388 trades through the jewellery and dealer market rather than the catalogued watch auctions, and it is valued differently from a plain Day-Date. Two things drive it. The first is whether the setting is factory, since aftermarket stones are common on Day-Dates and carry a fraction of the value; Rolex paperwork and the quality and regularity of the setting are what settle it. The second is the dial, which is the pattern across the whole 6-digit generation. Christie's Hong Kong sold a coral-dial [[Reference:118208|118208]] for HKD 525,000 in 2014 and a bloodstone example for HKD 225,000 in 2018, both several multiples over a plain-dial equivalent of the same reference. On the 118388 the jade carousels, the Bull's Eye and the meteorite occupy that position, and a champagne Roman on a plain President sits at the other end.
+The 118388 mostly changes hands through jewellers and specialist dealers, with only occasional appearances at the catalogued watch auctions, and it is valued differently from a plain Day-Date. Two things drive it. The first is whether the setting is factory, since aftermarket stones are common on Day-Dates and carry a fraction of the value; Rolex paperwork and the quality and regularity of the setting are what settle it. The second is the dial, which is the pattern across the whole 6-digit generation. Christie's Hong Kong sold a coral-dial [[Reference:118208|118208]] for HKD 525,000 in 2014 and a bloodstone example for HKD 225,000 in 2018, both several multiples over a plain-dial equivalent of the same reference. On the 118388 the jade carousels, the Bull's Eye and the meteorite occupy that position, and a champagne Roman on a plain President sits at the other end.
 == Related references ==