The Rolex 18038 is a distinguished model from the iconic Day-Date collection, produced between the late 1970s and early 1980s. Renowned for its classic and luxurious appeal, the 18038 is crafted in 18-karat yellow gold, giving it a timeless and opulent presence. This example was produced in 1981.

This model features a 36mm case, a size that remains a hallmark of the Day-Date line, providing a blend of elegance and substantiality. The watch is powered by Rolex's reliable automatic movement, known for its precision and robustness. The 18038 is notable for its fluted bezel, which adds a sophisticated touch to the overall design, and its signature Day-Date functionality. 

The dial of the 18038 is a rare lemon color. The hour indices are factory set diamonds. The watch includes both a date window at 3 o'clock and a day window at 12 o'clock, with the latter magnified by a Cyclops lens positioned on the crystal for enhanced readability.

The bracelet is the President-style link, crafted from solid gold, which is renowned for its comfort and luxurious feel. This model embodies the classic attributes of the Rolex Day-Date, blending durability with refined aesthetics, making it a coveted piece among collectors and connoisseurs of fine watches.