Two numerals set with diamonds and ten left alone is a more interesting decision than setting all twelve. Reference 126201 is the 36mm Datejust in a combination of stainless steel and Everose gold with a domed Everose bezel, and this configuration carries a slate dial with Roman numerals where the six and the nine are rendered in Everose gold and set with diamonds. The rest of the sequence is plain applied gold. What that produces is a dial with a diagonal axis running through it, since six and nine sit at right angles to each other, and the eye follows that line before it reads the time. It is the only dial on the reference with an axis rather than a ring.
Slate carries a sunray finish that shifts as the wrist turns, moving between grey and something warmer depending on the light, and it is the ground that makes this arrangement legible, since a stone dial or a strong color would compete with two gem-set numerals and a plain sequence at the same time. Against it the diamonds read as concentrated brightness at two positions rather than as a ring, which is a fundamentally different effect from a full gem-set marker set. Rolex sets them into the numerals themselves rather than around them, so the stones follow the shape of the letterform and the numeral remains readable as a numeral. At 36mm there is enough room for that to work, which is not true at every case size the model is built in. The steel forms the case and the outer bracelet links while the Everose takes the domed bezel, the crown, the bracelet center rows and all the markers, and the gold is solid rather than plated or capped. Everose is the brand's own rose gold alloy, cast in its foundry and introduced in 2005, with a small platinum content that stops the color drifting toward yellow. The bracelet is the Jubilee, five links across with Everose center rows between steel outer links, and the date at three displaces the numeral that would otherwise sit there. Rolex also keeps the unset numerals at the same height as the set ones, so the dial reads as one plane with elements standing off it rather than as two tiers, and the hands are polished Everose drawn short of the numerals so they cross without appearing to touch them. Sunray finishing is fine radial brushing worked outward from the center, which keeps the ground moving under a marker set that is otherwise entirely static. The Everose appears in four places on the watch, the bezel, the crown, the bracelet center rows and every marker on the dial, and Rolex matches the polish across all of them so the metal reads as one material rather than as separate applications of it.
The date is the only indication the watch carries beyond the time. Its aperture sits at three beneath the Cyclops lens, in use on the Datejust since 1953, and a single window is also the reason a full Roman sequence fits on the dial at all. The date changes instantaneously at midnight rather than creeping through the surrounding hour, the feature the Datejust introduced in 1945 and the one it takes its name from. Correction runs through the winding crown without moving the hands, hand winding uses the same crown with no separate position to learn, and nothing the watch asks for requires a tool. The movement is self-winding with a power reserve of approximately 70 hours, enough to leave the watch off through a weekend and find it correct on Monday morning. The crown screws down against the case, and the Jubilee closes with a concealed clasp folded away inside the links so the bracelet reads as unbroken. Correction takes seconds and requires no tool. Winding by hand runs through the same crown, and a movement of this size gathers energy readily from ordinary wear. Slate is one of four grounds this reference offers unset and one of two built in two marker treatments.
The Datejust arrived in 1945 as the first self-winding wristwatch to show the date in a window, and 36mm is the size it was born at. Gem-set numerals are a considerably more recent idea than gem-set markers, and Rolex uses them sparingly, mostly on dials where the numeral sequence is already the main event. Roman numerals themselves have been offered across most of the model's history without ever being the volume choice. The steel and gold versions have always been the volume of the model rather than a variant of it. The 126200 generation replaced the 116200 series in 2018, bringing the longer running time with a revised case and bracelet. Within the generation, 126201 is the steel and Everose gold reference with a domed bezel. The 36mm case has also become the most requested size in the Datejust range over the past decade, and it is the size at which a mixed marker set has the room to be read as one. Slate has appeared across several generations of the model without ever being the volume seller. Slate is one of two grounds on this reference whose set version takes the Roman characters at six and nine, rose being the other.
The collector this suits wants stones on the dial without the dial becoming about them. A full gem-set marker ring reads as jewelry immediately, and two set numerals inside a plain sequence do not, since the diamonds arrive as an accent within a structure rather than as the structure itself. It is also among the more legible gem-set configurations here, because ten of the twelve positions are ordinary applied numerals and the watch can still be read at a glance. On the Jubilee the fine alternation across the wrist echoes the way the dial mixes set and unset elements rather than opposing it. Buyers weighing it against a full gem-set dial are choosing between an accent and a statement. It is also the configuration here most often chosen by someone buying a second Datejust rather than a first. Slate is offered here both plain and set, one of two grounds where both exist.