AP's Code 11.59 Gets the Skeleton Treatment: Perpetual Calendar Openworked Ref. 26443NB
Watches2 min readApr 14, 2026

AP's Code 11.59 Gets the Skeleton Treatment: Perpetual Calendar Openworked Ref. 26443NB

Alongside the Royal Oak 26685XT, AP unveils a second Calibre 7139-powered watch at W&W 2026: the Code 11.59 Perpetual Calendar Openworked (Ref. 26443NB). Same groundbreaking in-house movement, completely different aesthetic — a round case that lets the skeleton perpetual calendar breathe.

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One Movement, Two Personalities

AP's W&W 2026 presentation is anchored by the Calibre 7139 — the brand's new openworked perpetual calendar with single-crown adjustment. Rather than present it in one case, AP deploys it across two distinct architectures: the Royal Oak (Ref. 26685XT) and the round Code 11.59 (Ref. 26443NB).

Specifications

AttributeDetail
Reference26443NB.OO.A002KB.01
CaseCode 11.59 round architecture
MovementCalibre 7139 (in-house, automatic, openworked)
Frequency28,800 vph (4 Hz)
Power reserve55 hours
Movement thickness4.1mm
CalendarDay / Date / Month / Leap Year / Moon Phase / Week — crown-only correction
Water resistance30 metres

Why the Round Case Changes Everything

The Code 11.59's double-curved sapphire crystals and case-in-case construction create a more intimate, jewel-like stage for the Calibre 7139. The movement fills the dial space more dramatically — no octagonal bezel geometry competing for attention. For collectors who find the Royal Oak too sporty, the Code 11.59 perpetual calendar wears equally well with a suit.

The crown-only adjustment is the same breakthrough as the Royal Oak version: any perpetual calendar function — day, date, month, leap year, moon phase — correctable via the crown alone, with no recessed pushers. It is the most user-friendly perpetual calendar ever made, now visible in full skeleton form.

Freddy's Verdict

The Code 11.59 has always divided opinion. But housing the Calibre 7139 makes it genuinely compelling — a round, openworked perpetual calendar with the most thoughtfully designed correction system in the industry. If you've been waiting for a reason to take Code 11.59 seriously, this is it. Price TBD — expected above CHF 180,200 of the Royal Oak given precious metal options.

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