Designed by Gerald Genta in 1972, 50 years later the Royal Oak “Jumbo” is still one of the most recognizable and imitated timepieces ever created.

Arguably Genta’s greatest work of art, when the Royal Oak arrived it was far more revolutionary than the legions of watches that have followed. In that regard, not much has changed. The Nautilus — which was also designed by Genta — arrived four years after the Royal Oak, it currently carries a higher average resale value (the average list prices on Chrono24 are $200K vs $170K). However, the newly announced Jumbo could likely help close that gap or even place the Royal Oak at its rightful place atop the throne.

2022 Audemars Piguet Royal Oak Jumbo 16202 50th Anniversary variations

Introducing the Audemars Piguet Royal Oak “Jumbo” 16202. There are four versions of the new 39 mm Ref. 16202 Royal Oak Jumbo that will be available as part of the 50th anniversary (stainless steel – blue dial, rose gold – gray dial, yellow gold – brown gradient dial, platinum – green sunburst gradient dial), each with a specially designed 50th skeletonized oscillating weight. After 2022, some or all of the references will presumably become part of the regular catalog, sans the 50th Anniversary rotor and designation.

Audemars Piguet Royal Oak Jumbo 16202ST dial closeup

The Dial

Three of the 16202 references have the traditional “true” Royal Oak tappisserie dial, made on old school lathes virtually the same way as they were 50 years ago. The fourth has a contemporary galvanized green gradient sunburst dial, which first arrived as a Jumbo variation as part of the now-discontinued 15202 collection last March.

Audemars Piguet Royal Oak Jumbo 16202ST dial

The hand-applied AP emblem at 6 o’clock has been retained from the 15202 to 16202, however, it appears that regular non-Jumbo Royal Oaks (including the recently announced 37 mm update, the 15550), will no longer carry the double logos, instead, showing only the printed full “AUDEMARS PIGUET” at 12 o’clock. This helps further distinguish the Jumbo from the regular Royal Oak models. Another differentiator has always been that the Jumbo lacks a second hand — whereas the 15400/15500 and 15450/15550 have a sweeping center seconds hand — and that has stayed the same.

Audemars Piguet Royal Oak Jumbo 16202OR side view

The Case

Unsurprisingly, the Royal Oak Jumbo case has the exact same case dimensions (39 mm x 8.1 mm) as the outgoing 15202, which replaced the original 1972 5402 design (the 5402 was 39 mm x 7.01 because it has a thinner solid caseback, not a sapphire back). The depth rating is the same at 50 meters.

Audemars Piguet Royal Oak Jumbo 16202 case construction

The Royal Oak, and in particular its octagonal bezel and angular case, are often imitated, although the unmistakable case angles, exceptional finishing, and fact that this was the first watch of its kind, will always make it an original design. As you can see in the image (above), the Jumbo even retains its unique pass-through construction which consists of eight perfectly aligned hexagonal-shaped screws, which go through the bezel, the case, and all the way to the caseback, secured on the backside with bolts.

Audemars Piguet Royal Oak Jumbo 16202PT

The Bracelet

Audemars Piguet’s Royal Oak bracelets are a thing of beauty, and neither the Nautilus bracelet nor any similar timepieces integrated metal bracelet can outdo arguably the best bracelet in the business. The design is just as distinctive as the case, and the way the facets of the hand-finished bracelet catch the light creates a sheen that’s incredible on the wrist.

Audemars Piguet 2022 Royal 16202 caseback caliber 7121

The Movement

Audemars Piguet is replacing the venerable caliber 2121, which was originally derived from Jaeger-LeCoultre intellectual property, and which powered the Royal Oak Jumbo for 50 years. The new modern caliber 7121 reportedly took 5 years to develop, and while the original dimensions of 29.6 mm x 3.2 mm were mostly maintained, compared to the 28.4 mm x 3.05 mm measurements of the caliber 2121, the caliber is slightly larger. Although, as mentioned above the external case measurements are the same, so the movement presumably fills in the case better, making the larger movement a positive.

Audemars Piguet caliber 2121
Audemars Piguet caliber 2121

As part of the technical changes, Audemars Piguet engineers upgraded the 2121 oscillation rate from 3Hz to 4Hz for the 7121. They gave the 7121 a 55-hour power reserve, up from 40-hours. The number of jewels has been reduced from 36 to 33, however, the total number of components is now 268 versus 247. This is due to a new quickset date function, the enhanced power reserve, dual traversing bridges (one for the mainspring barrel and one for the oscillating system).

Audemars Piguet 16202 caseback caliber 7121

The all-new free-sprung balance wheel, which is supported by a traversing balance bridge, instead of the outgoing 2121’s single-sided balance bridge, makes the movement much more robust, and resistant to shocks, which is one of the primary advantages of the new system, both technically and aesthetically. The extra bridge, supporting the mainspring barrel, is another unique innovation, that ensures the 7121 is superior to the 2121, in almost every way.

Audemars Piguet caliber 7121 50th Anniversary
Audemars Piguet caliber 7121 50th Anniversary

From luxurious Geneva stripes to the perlage on the mainplate and straight graining on the 22K solid gold skeletonized 50th anniversary rotor to the polished edges — everything about the new movement is the same or better than before. The only thing that is somewhat disappointing is that a movement in this price range has machine beveled edges versus those produced by hand.


Pricing has been increased, likely due to a mix of inflation, ultra-high demand relative to what Audemars Piguet is willing to produce per year, the resale price which is more than 4 times retail on the secondary market for the discontinued 15202, and the fact that Patek Philippe raised their prices to $30K+ for a Nautilus Jumbo 5711 before that was discontinued at the end of last year.

Audemars Piguet Royal Oak Jumbo 16202BA on side

The retail price for the classic stainless steel Royal Oak Jumbo (Ref. 16202ST.OO.1240ST.01 – steel case with blue dial) is $33,200. The two 18K gold versions (Ref. 16202BA.OO.1240BA.01 – yellow gold with brown gradient dial) and (Ref. 16202OR.OO.1240OR.01 – rose gold with gray dial) retail for $70,500. And the green platinum version  (Ref. PT.OO.1240PT.01 – platinum with green gradient sunburst dial) is AP House exclusive, with no listed price.

Final Thoughts

With the introduction of a watch that effectively maintains all the goodness of the Royal Oak, while simultaneously fixing one of the most neglected areas (the movement), Audemars Piguet has properly updated their Jumbo.