The Rolex President. The name alone evokes images of power, prestige, and timeless elegance. Specifically, a Rolex President from 1983, like the stunning Ref. 18038 example mentioned earlier, represents a significant piece of horological history. Determining the price of such a watch, however, requires a nuanced understanding of several factors beyond simply its age. This article will delve into the price of a 1983 Rolex President, comparing it to other Rolex models from the same era and exploring the elements that influence its value in the current collector's market.
The 1982/1983 Rolex President Ref. 18038, with its 7.3M serial number, stands out as a particularly desirable model. While the exact price varies dramatically based on condition, provenance, and specific features, we can explore the range and factors influencing this variation. The mention of it being "arguably the most iconic watch on the planet" highlights its exceptional status within the Rolex collection and the broader luxury watch market. This iconic status significantly impacts its price compared to other Rolex models from the same period.
Understanding the 1983 Rolex Market Context:
Before focusing specifically on the President, let's briefly examine the broader Rolex landscape of 1983. This year sits within a period of significant evolution for Rolex design and production. Comparing the President to other models from this era provides valuable context for understanding its unique pricing.
* 1983 Rolex Submariner (Ref. 1680/5513): The Submariner, a quintessential dive watch, enjoyed immense popularity in 1983. While the specific reference number will influence pricing (1680 featuring a date, 5513 without), generally, these models, especially in excellent condition, command substantial prices in the collector's market. Their rugged design and enduring appeal contribute to their value. Searching for "1983 Rolex Submariner for sale" will reveal a range of prices influenced by condition, box and papers, and the specific reference.
* 1983 Rolex Day-Date (Ref. 1803/1807): The Day-Date, often referred to as the "President" due to its association with world leaders, was already a highly sought-after model in 1983. The Ref. 1803 typically featured a 36mm case in yellow gold, while the Ref. 1807 offered a larger 36mm case in platinum. Both variations, particularly in platinum, demand high prices, reflecting their prestige and rarity. Searching for "1983 Rolex Day-Date" online will showcase the considerable price difference between gold and platinum versions.
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