The Rolex Yacht-Master 40 ref. 116695SATS takes the familiar 40 mm nautical-sports-watch format in an unexpected direction: its 18k pink-gold case is paired with a bezel set with vivid multicolour gemstones. Christie’s catalogs examples from circa 2018 and circa 2019, and describes the reference as discontinued. The cataloged details make a case for this watch as an unusually expressive Yacht-Master, though they do not establish how many were made or what one should cost today.
What is the Rolex Yacht-Master 40 ref. 116695SATS?
Reference 116695SATS is a gem-set version of the Rolex Yacht-Master 40 in 18k pink gold. Christie’s catalogs the reference as first introduced at Baselworld in 2017 and available for two years. Those dates and the availability period are Christie’s auction-house account, not a Rolex launch announcement or a complete production record. Christie’s also describes the watch as discontinued.
Auction and dealer coverage uses the nicknames “Candy” and “Haribo” for this reference. These are informal labels, not official Rolex model names; the exact reference number is the clearest way to identify it. Christie’s catalog entry for a circa-2018 Yacht-Master ref. 116695SATS identifies the model and its materials.
What makes its bezel unusual?
Christie’s catalogs the bezel with 38 sapphires in blue, orange, yellow and pink, eight green tsavorites, and a large triangular diamond at 12 o’clock. The gemstones turn the Yacht-Master’s bezel—normally a highly legible timing feature—into the watch’s defining decorative element. That contrast is the strongest argument for the reference: it retains the recognizable 40 mm Yacht-Master format while abandoning the restrained, monochrome look associated with many sports watches.
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The gem count and colors are details recorded in Christie’s catalog, not an independent gemological examination or a statement of Rolex’s official specifications. The catalog describes the watch as rare and notes its auction appearance, but neither that language nor the two-year availability period supplies a production total. “Rare” is therefore best read qualitatively, not as a measurable estimate of how many examples exist.
How does it compare with the current Yacht-Master 40?
Rolex’s current U.S. product page describes reference 126655, a different 40 mm Everose-gold Yacht-Master. Comparing the two helps show what distinguishes 116695SATS, but their specifications come from different kinds of sources: an auction catalog for the discontinued gem-set reference and a manufacturer page for the current model.
| Feature | 116695SATS | 126655 |
|---|---|---|
| Evidence cited | Christie’s auction catalog for specific lots | Rolex U.S. product page |
| Case and size | 18k pink gold; 40 mm | Everose gold; 40 mm |
| Bezel | 38 sapphires in blue, orange, yellow and pink; eight green tsavorites; one triangular diamond at 12 o’clock, as cataloged by Christie’s | Bidirectional 60-minute bezel with matt black Cerachrom insert |
| Movement | Automatic movement, as listed by Christie’s; calibre not stated in the cited catalog | Self-winding calibre 3235 |
| Power reserve | Not stated in the cited Christie’s catalog | Approximately 70 hours, according to Rolex |
| Water resistance | Not stated in the cited Christie’s catalog | 100 m, according to Rolex |
| Bracelet | Not stated in the cited Christie’s catalog | Oysterflex, with Oysterlock safety clasp and Glidelock adjustment system |
Rolex says the Oysterflex bracelet uses a flexible titanium-and-nickel-alloy blade overmoulded with elastomer. The manufacturer specifies the 126655’s movement, reserve and water resistance; those specifications should not be carried over to the 116695SATS. The practical distinction is visual as well as technical: the discontinued reference centers its identity on gemstone color, while the current model uses a black ceramic bezel and Rolex’s documented contemporary movement.
Rolex’s U.S. page displayed a price of $37,700 USD when accessed in 2026. That is a time- and market-sensitive price for reference 126655, not a retail price or valuation for 116695SATS. Rolex’s U.S. Yacht-Master 40 reference 126655 page is the source for the current model’s listed specifications and displayed price.
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What can auction records tell a prospective collector?
Christie’s catalogs a circa-2018 example and a separate “Candy” example dated circa 2019. Auction records can help identify the reference and document the features attributed to a particular lot. They are not evidence that every example has the same condition, paperwork or accessories, nor do they independently establish authenticity for a watch offered elsewhere.
The second Christie’s catalog also notes that the auction house may have a direct financial interest in the outcome of certain sales it guarantees. That is useful context when weighing promotional catalog language. Neither catalog entry establishes a current market-price range, and no production count is given.
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- Green dial, Gold tone stainless steel band
- 43mm stainless steel case;Screw down crown;Flame Fusion crystal
- 100 meter water resistant
For identification, search by the full reference—Rolex Yacht-Master 40 116695SATS—rather than relying only on “Candy” or “Haribo.” If considering a specific watch, treat its seller, condition, provenance, paperwork and authenticity as questions to verify for that individual example; a catalog description of another lot cannot settle them.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Why make a gem-set Yacht-Master?
The reference makes sense for a collector who wants a watch with the structure of a familiar Rolex sports model but a deliberately ornamental focal point. Its bezel does not merely add sparkle: the documented combination of colored sapphires, green tsavorites and a diamond gives the watch a palette that sharply separates it from the black-bezel 126655. That is also the central trade-off. The gem setting is the point of the 116695SATS, but it makes the watch far less visually discreet than the conventional Yacht-Master design.
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Its appeal does not depend on proving a numerical scarcity claim. The documented gem layout, pink-gold construction, discontinued status and short availability period described by Christie’s are enough to explain why the reference stands apart. They do not, by themselves, establish future value, investment performance or the authenticity of any particular example.
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