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AP's Code 11.59 Gets Stone Dials in Gold Obsidian and Onyx, and They're Actually Pretty Convincing

Two new 38 mm references lean into the mineral dial trend, pairing natural stone with yellow and pink gold cases

By Ronald Calls, WristBuzz Editor Published November 3, 2026 5 min read

Audemars Piguet has added two new references to the Code 11.59 Selfwinding 38 mm family, and both lean hard into the stone dial trend that's been running through the industry for a couple of years now. One uses gold obsidian, the other black onyx. Neither is a surprise move for AP right now, but the execution here is worth a closer look.

Audemars Piguet Code 11.59 - photo
Audemars Piguet Code 11.59. Source: Audemars Piguet.

The two watches sit in the same 38 mm case format AP has been pushing for the Code 11.59, and they're both in precious metal. That already tells you who these are aimed at before you even get to the dials themselves.

What's Actually New Here

The first reference pairs a yellow gold case with a gold obsidian dial. Obsidian is a naturally occurring volcanic glass, and the gold variety gets its name from the warm, shimmering mineral inclusions that catch light across the dark surface. It reads dark from a distance, but up close it's genuinely lively. That contrast is the whole point.

The second reference goes in a cooler direction: a pink gold case with a mirror-polished black onyx dial. Onyx is denser, flatter in character, and much more uniform than obsidian. AP adds baguette-cut diamond hour markers here, which pushes it firmly into dressy jewellery-watch territory. The combination of the reflective stone and the pink gold is deliberately luxurious, not subtle.

Sharp Take

The gold obsidian is the more interesting of the two. It has actual visual complexity, something a lacquered dial can't replicate. The onyx version is handsome, but the diamond markers make it a harder sell if you're not already shopping in that direction.

The Case and Movement

Audemars Piguet Code 11.59 38 mm in yellow gold with gold obsidian dial, case profile
The yellow gold Code 11.59 38 mm with gold obsidian dial, showing the layered case. Source: Audemars Piguet.

Both watches use the existing Code 11.59 Selfwinding 38 mm architecture, which means the distinctive round case-in-a-cushion construction and the layered, almost architectural dial surround that AP has been refining since the line launched. The movement is AP's in-house selfwinding calibre, nothing new there but well-proven and reliable.

The 38 mm size is worth noting. It's not a small watch, but it's deliberately more refined than the 41 mm Code 11.59 that tends to get more attention. AP has clearly decided the 38 mm is the right vehicle for precious stone dials, and that logic holds up. You want a watch that wears elegantly on the wrist if you're going to put obsidian or onyx on the dial.

Who These Are For

Audemars Piguet Code 11.59 38 mm gold obsidian and black onyx dials side by side
Gold obsidian in yellow gold (left) and black onyx with baguette diamonds in pink gold (right). Source: Audemars Piguet.

Be honest with yourself here. These are not everyday watches. They're not meant to be. If you're drawn to the stone dial category and you want something from a maker with genuine credibility in high-end finishing, AP is a reasonable answer. The Code 11.59 has had a complicated reception since its launch, but the brand has steadily improved the collection's standing, and references like these, where the dial is clearly the hero, play to its strengths in material and craft.

How It Compares

Audemars Piguet Code 11.59 - photo
Audemars Piguet Code 11.59. Source: Audemars Piguet.

Stone dials are everywhere right now. Vacheron, Jaeger, Cartier, you name it. What AP brings that some others don't is a case design with enough visual weight to hold its own against a bold dial. The Code 11.59's layered construction and polished-versus-brushed surface play actually complements a stone dial better than a simpler case would. The onyx version especially benefits from that, because the case detail keeps it from looking too flat overall.

Pricing hasn't been confirmed across the board, but these are precious metal references from AP, so you're firmly in the territory where these are bought because you want them, not because you're weighing alternatives on a spreadsheet.

If the stone dial moment speaks to you and you've been waiting for AP to offer something in the 38 mm Code 11.59 format, this is your answer. The gold obsidian in particular is one of the more convincing uses of the material I've seen in this cycle. Worth seeing in person before you decide.

Close-up of the gold obsidian dial on the Audemars Piguet Code 11.59 38 mm
Close-up of the gold obsidian dial. Source: Audemars Piguet.
Close-up of the black onyx dial with baguette diamonds on the Audemars Piguet Code 11.59 38 mm
The black onyx dial with baguette diamond markers in pink gold. Source: Audemars Piguet.
Audemars Piguet Code 11.59 - photo
Audemars Piguet Code 11.59. Source: Audemars Piguet.

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