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AP Royal Oak Offshore 26420 — Pre-Owned Bangkok October 2026

As of October 2026, a pre-owned AP Royal Oak Offshore 26420 in steel (26420SO) is estimated at ฿960,000–฿1,200,000, median about ฿1,010,000. The rose gold 26420RO sits around ฿1,435,000 and the ceramic 26420CE around ฿1,555,000. The figures are WatchCharts market values (steel about US$31,000, September–October 2026) converted at ฿32.5/USD; they are estimates, not Bangkok transactions. The steel 26420 trades about 35% below its US$47,300 US retail price. This generation replaced the 26470 in 2021 with the caliber 4404 in-house chronograph.

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Naruedol Tantipong (Khun Naru)Reviewed by Naruedol Tantipong (Khun Naru) · Chief Authenticator
· Last Updated
AP Royal Oak Offshore 26420 — Pre-Owned Bangkok October 2026

Market reference prices (estimates)

ReferenceYearConditionPrice (THB)As of
26420SO2023Steel, full set, TH warranty฿1,020,000May 2026
26420SO.OO.A002CA.012022Steel, black dial, full set฿990,000May 2026

These figures are estimates built from public market data. They are not transactions Thai Watch Market completed.

What a Royal Oak Offshore 26420 Sells for in Bangkok — October 2026

The 26420 launched in 2021, replacing the eight-year run of the 26470. The major change: caliber 4404 (in-house chronograph) replacing the 3126/3840 modular Frédéric Piguet base.

Estimated price bands for the steel 26420SO as of October 2026. They start from WatchCharts market values (US$30,801 on 21 September 2026; US$31,346 for the .A600CA.01 on 7 October 2026; earlier range US$29,486–36,998), cross-checked against Luxury Bazaar's 2026 average of US$32,600. They are converted at ฿32.5/USD with no discount. They are estimates from US and international market data, not Bangkok transaction records:

  • Low ฿960,000 — Steel 2021–2022, worn
  • Median ฿1,010,000 — Steel full-set 2022–2023, TH warranty
  • High ฿1,200,000 — Steel NOS 2024+ (rose gold and ceramic sit above this range; see below)

26420 Variants — Steel vs Rose Gold vs Ceramic

Reference Material Median Bangkok 2026
26420SO (any dial) Steel ฿1,010,000
26420RO Rose gold ฿1,435,000
26420CE Black ceramic ฿1,555,000

Rose gold and ceramic sit well above steel: WatchCharts puts the 26420RO at US$44,163 and the 26420CE at US$47,861, against about US$31,000 for steel. We found no dial premium within the steel model. Earlier versions of this page labelled the steel model 26420ST with a .A027CA.01 suffix. WatchCharts, Chrono24 and dealers list it as 26420SO (for example .A002CA.01 black and .A600CA.01), and we found no 26420ST or .A027CA reference.

Méga Tapisserie Pattern

The Offshore uses "Méga Tapisserie" — a larger square pattern than the Royal Oak's Grande Tapisserie. The dial has more depth and a more industrial character.

Khun Naru's checkpoints:

  1. Méga Tapisserie depth — squares must be roughly 0.18mm deep, consistent throughout
  2. Sub-dial alignment — tri-compax layout must read cleanly
  3. Sub-dial finishing — azurage pattern distinct from the main Tapisserie
  4. Rubber crown and pushers — Hublot-style rubber must hold shape

Caliber 4404 — In-House Chronograph

The 4404 is AP's new in-house chronograph caliber: column wheel + vertical clutch + flyback. The transition from caliber 3126 (modular base from Frédéric Piguet) to a true in-house movement was AP's strategic vertical-integration play, matching Rolex and Patek.

What Bangkok Dealers Pay

Scenario Seller payout (2023 steel blue full set)
Full-set, TH warranty ฿848,000–฿889,000
Full-set, overseas warranty ฿800,000–฿846,000
No box, papers ฿754,000–฿800,000
Loose ฿697,000–฿743,000

Dealers pay 84–88% — similar to the 15500ST.

Offshore 26420 vs Daytona 116500LN

Feature AP Offshore 26420 Rolex Daytona 116500LN
Size 43mm 40mm
Thickness 14.4mm 12.4mm
Material Steel Steel
Caliber 4404 in-house 4130 in-house
Used median ฿1,010,000 ฿890,000
Market value vs retail About 35% below US$47,300 US retail Not re-checked in this update

Used, the two are now close: the steel Offshore costs about ฿120,000 more. The "premium over MSRP" this table used to show for the Offshore was wrong: the steel 26420 trades well below its US retail price, not above it.

Price Movement 2022–2026

The 2022–2026 figures this page used to list had no source behind them and were built on a base about four times too high, so they have been removed. The dated points we can source for the steel 26420SO, converted at ฿32.5/USD:

  • 21 September 2026 — WatchCharts market value, US$30,801 (about ฿1,001,000)
  • 7 October 2026 — WatchCharts, .A600CA.01 variation, US$31,346 (about ฿1,018,700), against US$47,300 US retail
  • 2026 — Luxury Bazaar average market price, US$32,600 (about ฿1,059,500)

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