Notes: This early-2000s model of the no-date Oyster Perpetual comes in an 18K yellow gold case with an 18K Yellow gold bracelet. The bezel is non-fluted (smooth) and also made from 18K Yellow gold. The dial is either black or white and the hour marks can be indices, or diamonds.

Mechanism: The 2235 is an update to their already accurate and reliable Cal. 2135. The calibre 2235 is a self-winding mechanical movement entirely developed and manufactured by Rolex. Like all Rolex Perpetual movements, the 2235 is a certified Swiss chronometer, a designation reserved for high-precision watches that have successfully passed the Swiss Official Chronometer Testing Institute (COSC) tests. Its architecture, in common with all Oyster watch movements, makes it singularly reliable. This movement features date and date quickset functions.

This mechanism does have hacking capability.

Family Notes: In 1926, Hans Wilsdorf introduced the Oyster watch which used a waterproof case, hence the name. He added "Perpetual" to the name when in 1933 he introduced a reliable automatic self-winding watch. Hence the name means "Waterproof, Self-Winding" in Rolex-speak and generally means the watch is water resistant to a depth of 100 meters.