Yacht-Master

The detail worth flagging on this 268622-0002 is the caliber inside: 2236 rather than the larger movements used in the bigger Yacht-Masters — Rolex's own compact automatic architecture, built specifically to fit a 37mm case properly instead of a larger movement simply shrunk down to squeeze into one. It's steel, silver dial, $16,500, 100m rated. On my movement-quality axis, purpose-built smaller-format calibers like this score higher than I expect going in — there's no compromise here, just a different engineering approach sized correctly for the case it sits in.