Believed to have only been produced for one year, the reference 14700 is probably the rarest of all mid-sized Royal Oaks. This rare transitional reference features a thicker bezel that results in a slightly larger dial size giving this 36 mm watch even more wrist size. It is also important to note that the first series of reference 14700 were equipped with the caliber 2125 (such as this example) before being replaced by the JLC-based 2225 caliber. The watch was completely overhauled at Audemars Piguet in 2016 with the crown being replaced by an AP logo one and the hands.