Model guides4 min read
Audemars Piguet Royal Oak guide: references and what to check
Audemars Piguet launched the Royal Oak on 15 April 1972 at the Basel Fair, as the steel reference 5402ST designed by Gérald Genta. It was 39 mm wide and about 7.15 mm thick, with the ultra-thin automatic calibre 2121.
AP's own history gives its price in 1972 as CHF 3,300 and says that, despite its steel case, it was as expensive as some gold watches. This guide covers the Jumbo and the 41 mm references, how to read an AP reference, and what to check when you buy a pre-owned one.
By the Montreal Watches teamUpdated 18 October 2026
What makes a Royal Oak
AP's own description of the 1972 design names a tonneau-shaped case, a large octagonal bezel with eight hexagonal screws, an integrated steel bracelet and a guilloché Tapisserie dial. The Tapisserie pattern of small pyramids has come in three scales: the Petite Tapisserie of 1972, the Grande Tapisserie from 1999, whose pyramid bases AP says are up to twice as large, and the Mega Tapisserie, first used on the Offshore.
The 39 mm Jumbo
The thin 39 mm Royal Oak is known as the Jumbo. The 15202, 39 mm across and 8.1 mm thick with calibre 2121, was followed by the 16202, introduced in January 2022 for the Royal Oak's 50th anniversary, with the new calibre 7121. AP's chief executive announced the end of the 15202 in spring 2021.
The 41 mm references
The Royal Oak Selfwinding came in 39 mm as the 15300 in 2005, with calibre 3120, then in 41 mm: the 15400 in 2012, also with calibre 3120, the 15500 in January 2019 with calibre 4302, and the 15510 in 2022, also with calibre 4302. The power reserve is about 60 hours for calibre 3120 and about 70 for calibre 4302.
AP describes the 15510 as an ergonomic design evolution, with larger polished chamfers and trapezoid first links.
Reading an AP reference
A full AP reference reads in blocks, as AP explains in its own guide to its numbering. Take 15500ST.OO.1220ST.01: 15500 is the model, ST the case material, OO the standard finish, 1220 the bracelet reference with its material, ST, and 01 the dial.
The main letters for the case metal include ST for steel, BA for yellow gold, BC for white gold, OR for pink gold, PT for platinum, TI for titanium, CE for black ceramic and CB for white ceramic. AP uses many more, including two-metal codes such as SA for steel and yellow gold. AP says the model number is very rarely engraved on the watch, so ask for the papers.
Royal Oak and Royal Oak Offshore
The Royal Oak Offshore is a different watch. Emmanuel Gueit designed it and AP presented it at the Basel Fair in April 1993. Its first reference, 25721, was 42 mm.
What to check when you buy one
- The finishing. The Royal Oak alternates brushed and polished surfaces. Polishing blurs the contrast between them and softens the chamfers and the corners of the bezel, so look closely at the edges.
- The bezel screws. The eight hexagonal screws should all be present.
- The dial. The Tapisserie pattern should be crisp and even, with no worn or filled squares.
- The bracelet. The bracelet is part of the design: check it for stretch, look at how the first links fit the case, and look at the clasp for wear.
- The reference and the year. Match them: a 16202 dates from 2022 or later, and so does a 15510.
- The papers. Ask for the box and papers and check that the reference matches the watch.
Our guide to telling a genuine watch from a copy covers what no single test can prove, and our guide to box, papers and condition explains how we describe a watch.
55 Audemars Piguet Royal Oak watches are in our safe now, from AED 120,600 to AED 1,535,600. Prices exclude duties.
In stock now
Audemars Piguet Royal Oak Selfwinding (Blue)
Ref. 15550ST.OO.1356ST.06
AED 214,200· $58,350
Audemars Piguet Royal Oak Selfwinding (White)
Ref. 77350SR
AED 146,600· $39,900
Audemars Piguet Royal Oak Selfwinding (Malachite)
Ref. 15553BA.OO.1356BA.04
AED 797,800· $217,250
Audemars Piguet Royal Oak Double Balance Wheel Openworked
Ref. 15407ST.OO.1220ST.02
AED 828,000· $225,450
Audemars Piguet Royal Oak Jumbo Extra-Thin (Red)
Ref. 16202XT.OO.1240XT.01
AED 722,200· $196,650
Audemars Piguet Royal Oak Perpetual Calendar 150th Anniversary
Ref. 26674SG.OO.1320SG.01
AED 1,138,050· $309,900
Audemars Piguet Royal Oak Jumbo Extra-Thin (Blue)
Ref. 16202ST.OO.1240ST.02
AED 325,350· $88,600
Audemars Piguet Royal Oak Selfwinding Chronograph (Black)
Ref. 26240CE.OO.1225CE.02
AED 438,650· $119,450
All Audemars Piguet Royal Oak in stockQuestions we are asked
What is the Royal Oak Jumbo?
The thin 39 mm Royal Oak, which began with the 5402 of 1972 and continued in the 15202 and the 16202.
What is the difference between the 15500 and the 15510?
Both are 41 mm with calibre 4302. AP introduced the 15510 in 2022 with an ergonomic design evolution: larger polished chamfers and trapezoid first links.
What do ST, OR and BA mean in an AP reference?
ST is steel, OR is pink gold and BA is yellow gold. Other common letters are listed under Reading an AP reference.
Is the Royal Oak Offshore the same watch?
No. Emmanuel Gueit designed the Offshore, which AP presented in April 1993. Its first reference, 25721, was 42 mm.
How long does a Royal Oak Selfwinding run when fully wound?
About 70 hours for calibre 4302 (the 15500 and 15510) and about 60 hours for calibre 3120 (the 15300 and 15400).
What to do next
Tell us the reference, the size and the budget you have in mind and we will tell you what is in the safe and what we can find.
Ask us on WhatsAppMore guides
Rolex Daytona guide: references and what to check
The Rolex Cosmograph Daytona explained: the steel references from 16520 to 126500LN, the metals, the nicknames, and what to check on a pre-owned one.
Rolex Datejust guide: sizes, bezels, bracelets and what to check
How to choose a Rolex Datejust: the 31, 36 and 41 mm sizes, the bezels and bracelets, Rolesor, and what to check on a pre-owned one.
Patek Philippe Nautilus guide: references, the 5711 and what to check
The Patek Philippe Nautilus explained: the 1976 original, the steel 5711 and its last production year, the 5811, the complications, and what to check on a pre-owned one.