Saturday, August 24, 2013

How Much Gold you think your Rolex Day Date President Ref 1803 contain?

The solid gold Rolex watch is really a thing of beauty though many people especially younger does not like the Yellow Gold, they say too much, too bling, overdo… as my opinion; well,  Gold is the ultimate precious metal to make watch. Probably I am old enough to wear that, as many people criticize wearing a gold Rolex looks Fuddy-Duddy. Anyway, many people think differently, I like it as it is the REAL THING!

The typical gents Rolex President looks rather impressive due to its obvious mass and weight not to mention the price tag that goes with it.  Did you ever really wonder what the actual gold value is in a Rolex President? Below we have taken an 18kt. gold Rolex Ref 1803 and have removed the movement, the crystal, O-rings, and other non-gold parts. We weighed each part using a handheld electronic balance. We are sure you will find the results very interesting.

These are the basic component parts of the Rolex. The band, the bezel ring that holds the crystal in place, the main case, and the case back.

Inside of the case back you will see that it is marked as being 18kt. It also has the decimal value of .750. This means that 75 percent of the weight is pure gold. Pure gold is 24kt. The pure gold is alloyed with silver, copper, and zinc. Also notice the official Rolex markings on the inside of the case back.

The clasp is also marked with the gold content as well as being marked with the Rolex logo. There is also a number that is the official part number for this band. This band has the bark finish.

This is the head or case ring of the Rolex. It is also marked 18kt. A genuine Rolex case will also have a Registered Design number engraved between the lugs at the 12 position. In this case, the number is 1803. Between the lugs at the 6 position you will find the serial number of the case.

Assuming 99.99 pure gold price of HKD$350 a gram as of Today for a reference.
Using these parts the actual gold value of this Rolex can be determined as follows.
-- Case ring weights 18.5 grams. Contains 13.875 grams of pure gold. It has a value of $4,856.25
--Case back weighs 7.21 grams. Contains 5.4075 grams of pure gold. It has a value of $1,892.625
--Bezel weighs 5.30 grams. Contains 3.975 grams of pure gold. It has a value of $1,391.25
--The bracelet weighs 68.85 grams including the two pins. Contains 51.6375 grams of pure gold. It has the most value at $18,073.125
The total value of the pure 24kt. gold in this Rolex President Ref 1803 is $26,213.25
HK Snob


chong na said...

Around 3 oz of gold in it.
You do the math ...
3 oz x $1120.00 = $3360.00

HK Snob said...

hi Chong na

I used HKD as for calculation and I think you use USD,
Which USD$3360 is 3360x7.75 =HKD$26040 which is roughly same as I said!?
I don't know the exact weight but this is roughly the numbers.

HK Snob

Many thanks as I feel glad someone read it with such a details!

Unknown said...

Very interesting thanks for the awesome info

Tani nashili said...

hi i have this one with certificate and purchase slip, want to sale it with good amount..
but don't know where ?
kindly guide me or refer me any place. Thank you

+92 345 519 56 50

HK Snob said...

That is USD$10,000-13,000 depends on condition
make a price and it is easy to be sold. ebay, Chrono24

HK Snob