Rolex – Yacht-Master – Mother of Pearl and Diamond Markers – 16623NGS – 2006

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Location: United States

Year: 2006

Reference number: 16623NGS

Accessories: Watch Only

Condition: Fair

Material: Steel and Yellow Gold

Color Dial: Mother of Pearl and diamond markers

The Yacht-Master reference 16623 emerged in the late 1990s as Rolex's more refined interpretation of the sport watch, bridging the gap between the utilitarian Submariner and the dress-forward elegance of the Datejust. This 2006 example features the striking NGS mother-of-pearl dial configuration with diamond hour markers, a specification that transformed the collection into something far more distinctive than its nautical name might suggest. The Rolesor case and bracelet construction pairs 904L stainless steel with 18-karat yellow gold, creating the signature contrast that defined an era of luxury sports watches before ceramic bezels and modern materials took hold.

The 40mm Oyster case houses the caliber 3135, Rolex's workhorse automatic movement that has proven itself across decades of production with its 31-jewel construction, Paraflex shock absorbers, and reliable 48-hour power reserve. The movement beats at 28,800 vibrations per hour and features the brand's proprietary blue Parachrom hairspring, offering superior resistance to magnetic fields and temperature variations. The bi-directional rotating bezel with raised polished numerals, screw-down crown with Triplock system, and sapphire crystal combine to maintain the 100-meter water resistance specification, though this example requires a replacement crystal and movement regulation to restore factory standards.

At 40mm, this Yacht-Master wears with substantial presence on the wrist while remaining refined enough for varied occasions, the mother-of-pearl dial catching light in ways that solid dials simply cannot replicate. The two-tone aesthetic reads decidedly vintage today, carrying that unmistakable mid-2000s character that has begun to find renewed appreciation among collectors seeking alternatives to the current market's monochromatic preferences. This is a Yacht-Master for someone who understands that exceptional watches sometimes require restoration to reveal their full character.