This is the fully set version of the 41 mm chronograph, and it keeps everything the plain reference has. The dial is rose gold paved with brilliant-cut diamonds, the bezel is set, and the bracelet is set along its length, yet the function set remains a complete flyback chronograph with hours, minutes, small seconds and a date, and the applied hour-markers survive. That combination is not automatic. Elsewhere in the collection, the references that pave a dial in baguette-cut stones give up both the date and the markers, because a continuous run of baguettes cannot be interrupted by a window or by applied metal without breaking the setting. Brilliants set individually into the dial can be, and that is the whole reason this watch is able to be both fully set and fully functional.
The case is 41 mm across and 12.4 mm thick in rose gold, with the octagonal bezel set with brilliant-cut diamonds. The eight hexagonal screw positions survive the setting and remain the fixed points the run of stones is arranged around, so the ring breaks and resumes eight times rather than running continuously. The height comes from the flyback chronograph rather than from the setting, and matches the plain rose gold chronograph exactly. The dial is rose gold paved with brilliant-cut diamonds, with rose gold-toned counters and rose gold applied hour-markers above it, so three separate warm elements sit against a white field: the counters, the markers and the case surrounding them. That is what keeps a fully paved dial from reading as an undifferentiated sheet of light. Three counters cut into a paved surface is a harder layout to execute than three counters cut into tapisserie, because every stone at a counter perimeter has to be sized and placed to leave a clean edge rather than a ragged one. The bracelet is integrated rose gold set with brilliant-cut diamonds, tapering from the case, closing on an AP folding clasp, and the bracelet is where the setting is most demanding since the links articulate and every stone has to stay secure through that movement while the taper reduces the space available.
The function set is a flyback chronograph with hours, minutes, small seconds and a date. A flyback returns the timing hand to zero and restarts it from a single press while the chronograph continues to run, replacing the three separate actions a conventional chronograph requires, and it was developed for timing consecutive intervals rather than isolated ones. Retaining it alongside a paved dial is the point of the reference. The applied markers matter more here than on a plain dial, because a paved surface reflects unevenly by design and without fixed points the hands would have to be located against a field that changes with every degree the wrist turns. Rose gold markers against white stones separate reliably, which makes this among the more usable fully set watches the collection offers.
The Royal Oak is the collection Audemars Piguet is built on, and the 41 mm chronographs sit above the selfwinding references in function and case height. The plain generation of this chronograph is issued in rose gold, stainless steel and black ceramic with Grande Tapisserie dials in four colours, plus a two-tone steel and yellow gold reference that drops the tapisserie, the markers and the date. This gem-set reference sits under its own number and exists in anniversary and standard form, both in rose gold with the same paved construction. The same approach appears elsewhere in the collection on selfwinding references, where graded sapphires are set into the dial while the date and markers are retained, in contrast to the baguette-paved programme that gives both up.
This reference suits a collector who wants a fully set chronograph that still works as a chronograph. That is a narrower proposition than it sounds, because most watches at this level of setting quietly reduce what they do in order to accommodate the stones, and this one does not. Rose gold is also the right metal for a paved dial in the way white gold is not: the warm case and markers stay visible through and around the setting rather than disappearing into it, so the watch reads as gold with diamonds rather than as diamonds alone. A white gold paved chronograph would have lost the distinction between the case, the markers and the setting almost entirely. It appeals to someone who has looked at the baguette-set references and found the loss of the date and markers too high a price, and to someone who wants the complication to remain the reason for the watch rather than an afterthought behind the setting. The anniversary designation ties production to the occasion rather than to an open catalogue run, and a standard-catalogue counterpart carries the identical construction without the marking.