Set two numerals on a dial and put it on the plainest bracelet available, and the stones become the only decorated thing on the entire watch. Reference 126201 is the 36mm Datejust in a combination of stainless steel and Everose gold with a domed Everose bezel, and this configuration pairs a slate dial carrying Roman numerals with the six and the nine rendered in Everose gold and set with diamonds, on the Oyster bracelet. Broad flat links, a smooth bezel, a sunray ground and ten plain numerals, and then two positions where the light concentrates. Nothing else on the watch competes for that role.
Rolex sets the stones into the numerals themselves rather than around them, so they follow the shape of the letterform and each numeral stays readable as a numeral rather than becoming an ornament. At 36mm there is room for that to work properly, which is not true at every size the model is built in. Six and nine sit at right angles to one another, so the two set positions establish a diagonal across the dial that the eye tends to follow before it reads the time. The slate ground carries a sunray finish shifting between grey and something warmer as the wrist turns, and it is the surface that makes the arrangement legible, since a stone dial or a saturated color would compete with a mixed marker set. The Oyster's links are solid and flat, brushed across the top with polished flanks, reflecting light in broad planes rather than scattering it, with the Everose center row running as one continuous band between steel outer links. The gold is solid rather than plated or capped, which matters more on this bracelet since one meant to be worn hard needs the gold to be structural. Everose is Rolex's own alloy, introduced in 2005 and cast in its foundry, with a small platinum content preventing the color from drifting toward yellow. The date at three takes the place of the numeral that would otherwise occupy it. Rolex keeps the unset numerals at the same height as the set ones, so the dial reads as a single plane 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, keeping the ground in motion beneath a marker set that is otherwise entirely static. The domed bezel above it is smooth and unbroken, the quieter of the two shapes Rolex offers on the model. The Everose appears in four places on the watch, the bezel, the crown, the bracelet center row and every marker on the dial, and Rolex matches the polish across all of them so the metal reads as one material distributed rather than as separate applications of it.
The date is the only indication beyond the time. Its aperture sits at three under the Cyclops lens, in use on the Datejust since 1953, and a single window is what allows a full Roman sequence to fit. The date changes instantaneously at midnight rather than creeping through the surrounding hour, the feature the Datejust introduced in 1945 and the reason it carries its name. Correction runs through the winding crown without advancing the hands, hand winding uses the same crown, and nothing the watch asks for requires a tool. The movement is self-winding with a power reserve of approximately 70 hours, which covers a weekend off the wrist with room to spare. The crown screws down against the case, and the Oyster closes with a concealed clasp folded away inside the links, presenting the same unbroken outline as the Jubilee from fewer components. Correction takes seconds and requires no tool. Winding by hand runs through the same crown with no separate position to learn. Slate is one of two grounds on this reference offered both plain and set, chocolate being the other, and its set version takes the Roman characters at six and nine rather than stones in place of the markers.
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. The Oyster bracelet was drawn for the tool watches and reached the Datejust line afterward, making it the least formal option Rolex fits to the model. Gem-set numerals are a more recent idea than gem-set markers and Rolex uses them sparingly, mostly on dials where the numeral sequence is already the main event. The steel and gold versions have always been the volume of the model. 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 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 room to be read as one. Slate has appeared across several generations of the model without ever being the volume seller. Slate reaches six of the twenty-two rows here, level with white and more than any other ground. Five of the nine grounds here are set.
This is for a buyer who wants a set dial on a watch that is otherwise built for use. The Oyster and the smooth bezel keep everything below and around the dial plain and durable, and the two set numerals sit inside that as the single point of decoration, which is a considerably more restrained proposition than a gem-set marker ring on the same reference. It also reaches the market less often than the Jubilee equivalent, since buyers specifying gem-set numerals usually go on to specify the dressier bracelet. Anyone who wanted this particular arrangement will have had to look for it rather than come across it. It is the most restrained way the reference offers to put diamonds on a dial. It is also the configuration here most often chosen by someone buying a second Datejust rather than a first. Slate is offered both plain and set on this reference.