The Rolex Datejust 31, reference number 68248, is a captivating example of Rolex's enduring commitment to elegance and precision. This particular model, crafted in yellow gold with a President bracelet, represents a sophisticated blend of classic design and horological excellence. The recent listing of a 1989 example for $11,138 highlights the growing appreciation for these less-common Datejust variations, offering a compelling entry point into the world of vintage Rolex. This article will delve into the specifics of the Rolex 68248, comparing it to similar models like the Rolex 68278, and exploring the factors contributing to its value and desirability.
The Allure of the Rolex 68248:
The Rolex 68248 distinguishes itself through its combination of materials and size. The 31mm case, smaller than many modern Datejust models, appeals to those seeking a more understated yet undeniably luxurious timepiece. The yellow gold construction exudes warmth and richness, a classic choice that has remained consistently popular throughout Rolex's history. The pairing of the yellow gold case with the iconic President bracelet further elevates the watch's aesthetic appeal. The President bracelet, with its subtly textured three-piece links, is a hallmark of refined elegance, often associated with more prestigious Rolex models.
The "good" condition of the 1989 example listed suggests that it has been well-maintained, a key factor influencing its value. While not in pristine, mint condition, its age and wear only add to its character and charm, telling a story of its past and the journey it has undertaken. The automatic movement ensures reliable timekeeping, a fundamental aspect of any Rolex watch, reinforcing its reputation for precision and durability.
Comparing the 68248 to the 68278:
While the 68248 is a highly sought-after model, it's often compared to the Rolex 68278. Both are Datejust 31 models, but key differences exist. The most obvious difference is the material: the 68278 is typically found in stainless steel, while the 68248 is in yellow gold. This difference significantly impacts the price. A Rolex 68278 for sale will generally command a lower price than its yellow gold counterpart, reflecting the inherent value of precious metals. Searches for "Rolex 68278 price," "Rolex datejust 68278 price," and "Rolex yellow gold 68278" will reveal this price disparity.
Furthermore, the availability of each model influences pricing. While both are vintage pieces, the Rolex 68248, being in yellow gold, is likely to be less common than the stainless steel 68278. Rarity often translates to higher value in the collector's market. The search terms "Rolex 68278 for sale" will demonstrate the broader availability of the stainless steel variant.
Understanding the Price Point:
The $11,138 price tag for the listed 1989 Rolex 68248 reflects several factors:
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