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Audemars Piguet

Royal Oak Chronograph 39 (first gen)

25860ST

The Royal Oak Chronograph's defining first chapter in steel.

Estimated market value
$29,000
Confidence: Moderate

An estimate from current market data — not an offer. Your actual value depends on condition, completeness, and authentication.

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Overview

The Audemars Piguet Royal Oak Chronograph reference 25860ST represents the first generation of the 39 mm Royal Oak Chronograph, produced from 1997 to 2008. Housed in a stainless steel case with the line's signature octagonal bezel and integrated bracelet, it pairs Gerald Genta's iconic architecture with serious in-house chronograph capability. The reference was offered across several dial variants — blue, black, and white — each retaining the hallmark Grande Tapisserie pattern.

History

Introduced in 1997, the 25860ST arrived as Audemars Piguet sought to bring a dedicated chronograph to the Royal Oak's core 39 mm format. Powering the watch is Calibre 2385, a column-wheel integrated chronograph movement developed in collaboration with Jaeger-LeCoultre and sharing its architecture with the celebrated calibre found in the Royal Oak Offshore of the same era. The reference remained in production for over a decade, establishing the proportions and aesthetic language that subsequent Royal Oak Chronograph generations would follow. Among collectors, the 25860ST is regarded as the purest expression of the first-generation Royal Oak Chronograph.

Notable points

  • 39 mm stainless steel case with the Royal Oak's signature eight-bolt octagonal bezel and integrated bracelet.
  • Calibre 2385 is a column-wheel, integrated chronograph movement co-developed with Jaeger-LeCoultre.
  • Grande Tapisserie dial available in three colourways: blue, black, and white, each with matching or contrasting subdials.
  • Produced continuously from 1997 to 2008, making it one of the longer-running Royal Oak Chronograph references.
  • Considered by many collectors the definitive first-generation Royal Oak Chronograph, setting the template for later iterations.

Specifications

Brand
Audemars Piguet
Collection
Royal Oak
Reference
25860ST
Years of production
1997 – 2008
Case
39mm Stainless steel
Case material
Stainless steel
Case diameter
39 mm
Movement
Cal. 2385
Crystal
Sapphire
Dial
Tapisserie with subdials (blue, black, white)
Bezel
Octagonal steel with 8 hexagonal screws
Bracelet / strap
Integrated steel bracelet
Water resistance
50 m
Power reserve
40 h
Complications
Chronograph, Date
Type
Chronograph
Worn as
Men's
Also known as
Kasparov, ロイヤルオーク, 皇家橡树, 皇橡, AP皇橡

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