The Rolex Datejust 16238 isn't technically a perpetual calendar; it's a highly sought-after Datejust model with a significant history and robust resale value. The confusion often arises from the similar functionality of a perpetual calendar and the sophisticated Datejust's instantaneous date change and self-winding mechanism. This article will clarify the model, delve into its pricing history, explore current market values, and provide insights into finding a 16238 Datejust for sale. We will address the nuances of the Rolex 16238 price and the Rolex Datejust 16238 price, differentiating it from true perpetual calendar models within the Rolex family.
Understanding the Rolex Datejust 16238:
The Rolex Oyster Perpetual Datejust 16238 is a men's watch distinguished by its elegant design and reliable functionality. Produced for several years, it represents a period where Rolex refined its iconic Datejust line, integrating several key features that contribute to its enduring appeal and strong secondary market performance. Key characteristics include:
* Oyster Case: The robust Oyster case, a hallmark of Rolex, offers excellent water resistance and protection for the movement. The seamless integration of the case and bracelet contributes to its classic and timeless aesthetic.
* Self-Winding Movement: The 16238 houses a self-winding mechanical movement, typically caliber 3135, known for its precision and reliability. This automatic movement eliminates the need for manual winding, providing seamless timekeeping.
* Datejust Functionality: The watch features the instantaneous date change, a crucial element of the Datejust line, ensuring a clean and precise date display at midnight. This mechanism is notably smoother and more refined than many of its competitors.
* Gold and Steel Construction: This specific reference, the 16238, features a combination of 18k yellow gold and stainless steel (Oyster steel), a popular choice that blends luxury with durability. The gold is primarily used for the bezel and center links of the bracelet, adding a touch of opulence to the overall design.
* Cyclops Lens: The signature Cyclops magnifying lens over the date window is another defining feature, providing easy readability of the date.
Rolex 16238 Price: A Historical Perspective and Market Analysis:
The last known retail price of the Rolex Datejust 16238 was approximately $13,400. However, this figure reflects the price at the time of its discontinuation and doesn't account for inflation or the changing dynamics of the luxury watch market. Currently, the pre-owned market values the Rolex 16238 significantly higher, with prices typically ranging from $17,446 and upward. Several factors contribute to this substantial increase in value:
* Increased Demand: The popularity of vintage and pre-owned Rolex watches has skyrocketed in recent years. This surge in demand, fueled by collectors, investors, and enthusiasts, has driven prices upwards for desirable models like the 16238.
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