Introduction
Since its introduction in 1956, the Rolex Day-Date has occupied a unique position in the world of luxury watchmaking. As the first self-winding, waterproof chronometer wristwatch to display both the day of the week written in full and the date, it combined technical innovation with an unmistakable sense of prestige. Produced exclusively in precious metals, the Day-Date quickly became associated with political leaders, royalty and influential figures around the world, earning its enduring nickname, the President. Its distinctive three-piece President bracelet, introduced alongside the original model, became an integral part of its identity. The arrival of the ref. 18038 in 1978 marked an important evolution of the collection, introducing a sapphire crystal and the new calibre 3055 with a quickset date function. While retaining the classical 36mm proportions and fluted bezel of its predecessors, the reference brought meaningful technical improvements to one of Rolex's most recognisable designs.
Dating to 1979, this Rolex Day-Date ref. 18038 is particularly significant for its champagne dial bearing the signature of Sultan Qaboos bin Said Al Said of Oman. Having come to power in 1970, Sultan Qaboos embarked upon an ambitious programme of modernisation, transforming Oman's infrastructure, education and international relationships. During his reign, specially commissioned watches from manufacturers including Rolex and Patek Philippe became an important part of the Sultan's tradition of diplomatic and personal gift-giving. Watches bearing his signature, the Omani Khanjar emblem or other royal insignia have subsequently become a fascinating collecting category, connecting exceptional Swiss watchmaking with the history of the Sultanate. This example combines the distinctive Qaboos signature with diamond-set hour markers, an 18K yellow gold Oyster case and a matching President bracelet.
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Grade
V 8.5
Status
Vetted & Approved
Included
Watch Only
Est. value range
$20,000 – $30,000
The Details
Brand
Rolex
Dimensions
36mm
Model
Day-Date
Movement
Automatic Rolex Calibre 3055
Reference
18038
Bracelet
18K yellow gold President bracelet
Year
1979
Condition
Excellent
Material
18K Yellow Gold
Included
Watch only
Dial Color
Champagne with Diamond Hour Markers and Qaboos Signature

THE DIAL
The champagne dial features diamond-set hour markers and the distinctive signature of Sultan Qaboos bin Said Al Said of Oman. Its warm metallic finish complements the surrounding yellow gold case and bracelet, while the diamond markers introduce an additional element of refinement. The traditional Day-Date arrangement incorporates a day aperture at twelve o'clock and a magnified date display at three.

THE CONSTRUCTION
The 36mm Oyster case is crafted from 18K yellow gold and features the traditional fluted bezel that has become synonymous with the Day-Date collection. A screw-down winding crown and case back provide the robust construction associated with Rolex's Oyster watches, while the sapphire crystal represented an important technical improvement over the acrylic crystals fitted to earlier references.

TIMING MACHINE READOUT
This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.
Condition
Watch is in overall excellent condition. The 18K yellow gold case shows surface scratches and small nicks. The case back shows light scratches, while the hallmarks and stamps on the reverse of the lugs remain crisp and well defined. Watch serial number are in close range of other known examples that have been sold publicly. The fluted bezel retains good definition, with some gentle wear to the edges in places. The winding crown shows some wear and scratches. The champagne dial is in near-mint condition, with intact luminous hour dots and crisp text, including the Qaboos signature. The hands remain clean, apart from some light spotting on the hour hand. The crystal shows a few small chips. The 18K yellow gold President bracelet shows surface scratches and marks, with moderate play between the links. The bracelet is fitted with 23 links, four of which are removable, and fits approximately a 7¼” wrist.
Our Perspective
Rolex watches bearing the signature of Sultan Qaboos occupy a distinctive place within the world of special-order collecting. Combining a champagne diamond dial, the classical yellow gold President configuration and an important royal signature, this 1979 Day-Date offers a compelling connection between Swiss watchmaking and Omani history.














