Rolex Day-Date 40 (President)

About this reference

The Rolex Day-Date 40 reference 228238 was introduced at Baselworld 2015 and remains in current production. This reference replaced the 41mm Day-Date II, featuring a refined 40mm case diameter and the introduction of the caliber 3255 movement, which offers a 70-hour power reserve and Chronergy escapement. Constructed entirely of 18k yellow gold, it features the signature three-link President bracelet with ceramic inserts inside the links to prevent stretching over time. Collectors prioritize this reference for its technical improvements over previous generations and the availability of the "commemorative" olive green dial, released for the model's 60th anniversary. On the secondary market, prices typically range from $38,000 to $55,000 depending on dial configuration and condition. A notable variant includes the "Eisenkiesel" dial, a dark brown quartz stone featuring iron oxide inclusions, which commands a significant premium over standard lacquer or sunray dial options.