Rolex 69298 Lady Datejust Pearlmaster 18K YG Mother of Pearl Diamond Dial

The Rolex Lady-Datejust Pearlmaster reference 69298 is a jewelry-driven interpretation of the classic Datejust, executed here in 18k yellow gold with the sculptural Pearlmaster bracelet and a mother of pearl dial set with diamond hour markers. Produced during the 1990s and early 2000s, this reference represents Rolex at its most decorative while retaining the robust architecture and daily wearability that define the brand's Oyster Perpetual line. The 29 mm case is paired with a factory diamond-set bezel, giving the watch the elevated presence collectors expect from early Pearlmaster executions in precious metal. Power comes from the Rolex caliber 2135, a self-winding movement long respected for its reliability, compact proportions, and practical quickset date function. That caliber was a cornerstone of Rolex's smaller automatic ladies watches, and it helped distinguish the Pearlmaster from purely ornamental competitors by delivering true mechanical substance beneath the gem setting. The mother of pearl dial adds natural variation and depth, making each example visually distinct, while the diamond indexes reinforce the model's dual identity as both fine watch and high jewelry piece. Collectors tend to value reference 69298 for its fully integrated precious metal construction, period Rolex finishing, and increasingly uncommon combination of factory gem setting with a mechanical Rolex movement. Within the broader Pearlmaster family, this watch stands out as an emblem of Rolex's late 20th century luxury language, when the brand expanded beyond tool watch purity into highly refined precious metal dress references. For buyers seeking a vintage-modern Rolex with strong wrist presence, classic proportions, and enduring collector appeal, the 69298 remains one of the most recognizable yellow gold Pearlmaster references. Like New with Rolex box and papers dated 1998.