Dress/Sport Watch · Switzerland · Est. 1875

Audemars Piguet Code 11.59 15210OR.OO.A002CR.01

Rose Gold/White · 41mm · Automatic · 30m WR

Audemars Piguet, founded in Le Brassus in 1875 by Jules Louis Audemars and Edward Auguste Piguet, remains the oldest fine watchmaking manufacturer still in the hands of its founding families. The Royal Oak, designed by Gérald Genta in 1972, revolutionized the luxury watch industry by introducing the concept of a luxury steel sport watch.

Available below retail on the secondary market at 31% discount, this model offers exceptional value for buyers willing to purchase pre-owned. This pricing makes it one of the better value propositions in the dress/sport watch category.

69
WVS Value Score™
Market Price
$20,000 – $28,000
Retail: $34,900
-31% vs retail
Own Cost/Yr
$1920
Retention
94%
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Audemars Piguet Code 11.59 15210OR.OO.A002CR.01 — Overview

The WVS Value Score of 69/100 reflects the balance between this watch's specifications, brand positioning, and market dynamics. While not the highest-scoring watch in its category, it may offer advantages in other areas such as design, availability, or raw specification value.

The estimated annual cost of ownership is $1920 per year, accounting for depreciation, servicing, and insurance. While this is higher than some alternatives, it should be weighed against the wearing pleasure and prestige the watch provides daily.

Exclusive Analysis

True Cost of Ownership

Understanding the true cost of owning a luxury watch requires looking beyond the purchase price. Our cost-of-ownership model calculates the annual net expense of keeping the Audemars Piguet Code 11.59 15210OR.OO.A002CR.01 on your wrist, factoring in three key components.

First, depreciation: based on historical pricing data for this reference and similar Audemars Piguet models, we estimate annual value change at 6%. This depreciation rate is typical for this price segment and brand positioning. Second, servicing: Audemars Piguet recommends periodic maintenance to ensure accuracy and water resistance. We amortize the estimated service cost across the recommended interval, arriving at $120 per year. Third, insurance: at approximately 1.5% of market value, annual insurance costs $360 to protect against theft, loss, or accidental damage.

Combining these factors yields a net annual cost of $1920. That's roughly $5.26 per day — comparable to a daily lunch expense.

$1920/year
Net Annual Cost
6%
Depreciation/Yr
$120
Service/Yr
Price Tracker

Price History — Audemars Piguet Code 11.59 15210OR.OO.A002CR.01

Estimated market price trend based on aggregated public listing data. Prices reflect average asking prices for complete sets in excellent condition. Updated monthly.

Market Price
Retail MSRP
WVS Value Score™

Value Score Breakdown: 69 / 100

Our proprietary score rates every luxury watch on a 0-100 scale across five dimensions. Scores above 85 indicate exceptional value retention and market positioning. The formula is transparent and weight-based.

Value Retention (5yr) 48/100
35% weight — Historical resale performance over 5 years.
Brand Strength 93/100
20% weight — Recognition, demand consistency, collector desirability.
Specification Quality 95/100
15% weight — Movement, materials, finishing relative to peers.
Market Liquidity 80/100
15% weight — Active listings volume and average days to sell.
Price-to-Spec Ratio 52/100
15% weight — Features and quality per dollar vs competition.
Overall 69/100
Head-to-Head

How the 15210OR.OO.A002CR.01 Compares

When considering the Audemars Piguet Code 11.59 15210OR.OO.A002CR.01, it helps to understand how it compares to alternatives in the dress/sport watch category. The most affordable alternative is the Omega Seamaster Aqua Terra at $4,600 — saving you approximately 81% compared to the 15210OR.OO.A002CR.01. However, the 15210OR.OO.A002CR.01 justifies its premium through stronger brand recognition and resale performance. The highest-scoring alternative is the Omega Seamaster Aqua Terra with a Value Score of 74/100, slightly above the 15210OR.OO.A002CR.01's 69/100. The comparison table below provides a detailed side-by-side analysis of all key metrics.

WatchMarket PriceSizeWROwn/YrScore
Audemars Piguet Code 11.59
15210OR.OO.A002CR.01		$20,000–$28,00041mm30m$1920/yr69
Omega Seamaster Aqua Terra
220.10.41.21.03.004		$4,000–$5,40041mm150m$433/yr74
Omega Seamaster Aqua Terra
220.10.41.21.01.001		$4,000–$5,20041mm150m$425/yr73
Hublot Classic Fusion
542.NX.1171.RX		$4,500–$6,50042mm50m$493/yr64
Expert Guide

Buying Guide: Audemars Piguet Code 11.59

Buying a Audemars Piguet: What You Need to Know

Audemars Piguet has shifted to a direct-to-consumer model, reducing authorized dealers significantly. New Royal Oak models are extremely scarce at retail. AP Houses (brand-owned boutiques) are the primary sales channel, and establishing a relationship is essential for accessing popular models.

Audemars Piguet Movement & Quality

AP manufactures all movements in-house, with the majority assembled in their historic Le Brassus facility. The brand's movements feature hand-finished components visible through exhibition case backs, with techniques including Côtes de Genève, perlage, and hand-beveled bridges.

Service & Maintenance

AP recommends servicing every 5-8 years with costs ranging from $1,200-$2,500 for standard Royal Oak models. Complicated pieces command higher service fees. AP's service center network is smaller than Rolex or Omega, potentially resulting in longer turnaround times.

Audemars Piguet Resale Value

The Royal Oak line holds value exceptionally well, with steel models often trading above retail. The Royal Oak Offshore and Code 11.59 see more variability, with some configurations trading below retail on the secondary market.

Decision Tool

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Full Specifications

Reference15210OR.OO.A002CR.01
VariantRose Gold/White
BrandAudemars Piguet
CollectionCode 11.59
TypeDress/Sport
Case Diameter41mm
MovementAutomatic
Water Resistance30m
CountrySwitzerland
Retail MSRP$34,900
Market Range$20,000 – $28,000
Value Score69/100
Own Cost/Yr$1920/yr
Retention94%

All Code 11.59 Models Compared

Every current reference ranked by Value Score. Click any model for full analysis.

RefVariantRetailScoreOwn/YrMarket
15210OR.OO.A002CR.01Rose Gold/White ◂$34,90069$1920/yr$20,000–$28,000

Frequently Asked Questions

How much does the Audemars Piguet Code 11.59 15210OR.OO.A002CR.01 cost in 2026?
The Audemars Piguet Code 11.59 15210OR.OO.A002CR.01 has a retail MSRP of $34,900. On the secondary market (pre-owned and grey market), expect to pay between $20,000 and $28,000 depending on condition, included accessories (box, papers, warranty card), and year of production. Unworn pieces with full set command the highest prices, while well-worn examples without papers trade at the lower end. Our WVS Value Score for this reference is 69/100, and the estimated annual cost of ownership is $1920/year.
Is the Audemars Piguet Code 11.59 15210OR.OO.A002CR.01 a good investment?
With a WVS Value Score of 69/100 and annual value retention of 94%, the 15210OR.OO.A002CR.01 demonstrates solid value retention for its segment. While it may not appreciate like top-tier Rolex or Patek models, it minimizes the cost of ownership through reasonable depreciation rates.
What is the annual cost of owning this watch?
Based on our cost-of-ownership model, the 15210OR.OO.A002CR.01 costs approximately $1920 per year to own. This figure includes: annual depreciation of 6% on the market price, amortized service costs of $120/year (based on the manufacturer's recommended service interval), and insurance at approximately $360/year (calculated at 1.5% of market value). These costs are typical for this price segment and brand.
How is the WVS Value Score calculated?
The WVS Value Score is our proprietary metric that rates watches from 0-100 based on five weighted factors: Value Retention over 5 years (35% weight, this watch scores 48/100), Brand Strength (20%, scores 93/100), Specification Quality relative to category (15%, scores 95/100), Market Liquidity measured by active listings and days-to-sell (15%, scores 80/100), and Price-to-Specification Ratio comparing features per dollar (15%, scores 52/100). The overall score of 69/100 reflects the combined assessment across all five dimensions.
Where is the best place to buy a Audemars Piguet Code 11.59?
Audemars Piguet has shifted to a direct-to-consumer model, reducing authorized dealers significantly. New Royal Oak models are extremely scarce at retail. AP Houses (brand-owned boutiques) are the primary sales channel, and establishing a relationship is essential for accessing popular models. On the pre-owned market, reputable dealers on platforms like Chrono24 (with buyer protection) and established grey market retailers like Jomashop offer authenticated watches with guarantees. Always verify the seller's reputation and return policy before purchasing.
How often does the 15210OR.OO.A002CR.01 need to be serviced?
AP recommends servicing every 5-8 years with costs ranging from $1,200-$2,500 for standard Royal Oak models. Complicated pieces command higher service fees. AP's service center network is smaller than Rolex or Omega, potentially resulting in longer turnaround times. Between services, it's advisable to keep the watch running (or manually wind it monthly if stored) and test water resistance annually if the watch is used for swimming or water sports.
What wrist size does the 15210OR.OO.A002CR.01 fit best?
The Audemars Piguet Code 11.59 15210OR.OO.A002CR.01 has a 41mm case diameter. At 41mm, this watch is comfortable on wrists 6.5 inches (16.5cm) and above. Wearers with smaller wrists should try it on before committing, as the case may overhang the wrist edges.
What are alternatives to the Audemars Piguet Code 11.59 15210OR.OO.A002CR.01?
Top alternatives in the dress/sport watch category include Omega Seamaster Aqua Terra, Omega Seamaster Aqua Terra and Hublot Classic Fusion. Each offers a different balance of price, specifications, brand prestige, and value retention. See our detailed comparison table above for a side-by-side analysis including Value Scores and annual ownership costs for each alternative.

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Value Score 69/100 · $1920/year to own · 94% retention

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