Is the Audemars Piguet Royal Oak Offshore Diver (Ref. 15720ST) worth it?

WatchMerit currently rates the Ref. 15720ST a Hold. Sport-diver RO; niche but loyal following.

Any offer between $52,200 and $63,800 is considered a fair price — that's a ±10% band around the median. Below that range is under-market; above it is overpriced.

Full-set examples (box, papers, unpolished) sit near the middle of that range. Watch out for missing papers or heavy polishing — expect a 5–15% discount from median in those cases. International grey-market listings can look cheaper but almost always add GST, import duty and freight once landed.

Every live listing on WatchMerit is auto-labelled Under Market, Fair Price or Overpriced against this band, so you never have to guess.

Sport-diver RO; niche but loyal following. Collector demand is currently Medium — Diver crowd within AP base.

Buying new from an authorised dealer typically involves a wait of about 3 years (Offshore Diver 3 yr average AD wait). For most buyers, the secondary market is the realistic route.

Historical secondary-market prices for the Ref. 15720ST have declined approximately 6.5% from the earliest tracked year to today, indexed from public market data, auction results and Australian dealer trade sheets.

Indicative only. Not financial advice. Past performance does not guarantee future returns.

A benchmarked reference on the WatchMerit market index. Detailed editorial notes coming soon.