Rolex Yacht Master Two Tone 168623 Gray Dial 35mm Full Set Watch

A 1999 Rolex Yacht-Master mid-size ref. 168623 automatic wristwatch in two-tone stainless steel and 18K yellow gold, featuring a bidirectional rotatable yellow gold graduated bezel, gray dial with luminous dot and baton hour markers, date display with Cyclops magnifying lens, and a two-tone Oyster bracelet with Rolex signed Oysterlock clasp. 35mm case; full set with original box and papers; 9/10 excellent condition.

Product Specifications:

- Item Type: Mid-Size Automatic Wristwatch

- Brand: Rolex

- Model: Oyster Perpetual Yacht-Master

- Reference Number: 168623

- Movement: Rolex caliber 2235 automatic

- Case Material: Stainless steel with 18K yellow gold bezel and crown accents

- Case Size: 35mm

- Dial: Gray with luminous applied dot and baton hour markers

- Indices: Luminous applied dot markers with baton accents

- Hands: Gold-tone Mercedes hands with luminous fill

- Crystal: Sapphire crystal with Cyclops date magnifier

- Bezel Type: Bidirectional rotatable graduated bezel

- Bezel Color: 18K yellow gold, polished with raised markings

- Band Material: Two-tone Oyster bracelet, stainless steel with 18K yellow gold center links

- Band Color: Two-tone silver and yellow gold

- Clasp: Rolex signed Oysterlock clasp with embossed crown

- Functions: Hours, minutes, seconds, and date display at 3 o’clock

- Features: Superlative Chronometer Officially Certified, Swiss Made, screw-down crown, 100m / 330ft water resistance

- Style: Luxury sport watch — mid-size

- Circa: 1999

- Condition: 9/10 excellent

- Box and Papers: Full set — original box and papers included

About the Watch:

The mid-size 35mm Rolex Yacht-Master ref. 168623 occupies a distinctive place in the Yacht-Master lineup. Larger than the 29mm ladies model and smaller than the 40mm men’s reference, it offers a balanced wrist presence that works well for a wide range of wearers. The two-tone stainless steel and 18K yellow gold construction gives the watch the sport-luxury profile that defines the Yacht-Master collection.

This example features a gray dial with luminous dot and baton hour markers, gold-tone Mercedes hands, date display with Cyclops magnifier, and a bidirectional rotatable yellow gold graduated bezel. The yellow gold bezel against the gray dial creates the classic warm-and-cool contrast associated with two-tone Yacht-Master models, while the Oyster bracelet gives the watch a durable and sporty feel on the wrist.

Offered as a full set with original box and papers, this 1999 example is presented in 9/10 excellent condition.

About the Rolex Yacht-Master 168623:

The Rolex Yacht-Master was introduced in 1992 as a more luxurious nautical sport watch within the Rolex lineup. Unlike the Submariner, which was built around professional dive-watch utility, the Yacht-Master brought a more polished and precious-metal-forward design language to Rolex’s sport watch category.

The ref. 168623 is the 35mm mid-size two-tone version, combining stainless steel with 18K yellow gold and using the Rolex caliber 2235 automatic movement. Its uncommon 35mm case size makes it one of the more versatile Yacht-Master references, especially for buyers who want more presence than the 29mm version without the larger feel of the 40mm model. A full-set 1999 example with box and papers offers strong completeness for a late-1990s Rolex sport watch.