ANTIQUORUM WITNESSES 50 YEARS OF AUDEMARS PIGUET’S ROYAL OAK

1972-2022

More than 30 years of archives

Founded in 1974, Antiquorum has been at the forefront of the success of the Royal Oak. Audemars Piguet’s Royal Oak has a long history on the auction market and incredible Royal Oak went under the hammer at Antiquorum. In 1992, Antiquorum auctioned its first Royal Oak timepieces in Geneva at Hotel des Bergues. Today, with more than 30 years of archives, Antiquorum has recorded nearly 1,000 Royal Oak watches presented for sale, of which nearly 8 out of 10 were sold, providing us with a very interesting reference on the evolution of this model’s value.

Audemars Piguet’s Royal Oak is one of the best success stories in contemporary design launched 50 years ago, back in 1972. Designed by Gerald Genta, the Royal Oak became an iconic wristwatch over the years for watch enthusiasts, collectors, and auctioneers. First, Audemars Piguet had approached Genta to design a sports watch which remained rare back then. By taking inspiration from vintage diving helmets and applying those visible screws to an octagonal bezel with an integrated bracelet, Genta sketched the design in one night—and the rest was history.

The Royal Oak was first introduced at Baselworld in 1972 and back then was commercialized for CHF 3’650 (around CHF 10’000 today) – first, the timepiece was not a total success as steel sports watches were not sought after but reaches today very high demand and is increasingly elusive.

“Our first 2022 auction took place the 18th of January in Monaco. For the 50th anniversary of the Royal Oak from Audemars Piguet, it was unthinkable not to present a piece to celebrate this anniversary, especially in Monaco, where Gerald Genta lived for many years: the brainchild of the esteemed Gerald Genta went under the hammer and was sold for EUR 260’000,” says Romain Rea, CEO of Antiquorum.

Antiquorum was pleased to start off the year with a unique selection of timepieces for its Monaco auction at Monaco Yacht Club. The auction house sold an extremely rare fine tonneau shaped 18k yellow gold self-winding perpetual calendar Royal Oak wristwatch with gold dial.

Audemars-Piguet-Royal-Oak-Perpetual-Calendar-year

Audemars Piguet’s Royal Oak Perpetual Calendar -year 1986– in 18K yellow gold with day, date, month and moon phases (Lot 171). This Ref. 25554 Royal Oak Perpetual Calendar dates back to 1986 and is one of the very first perpetual calendar Royal Oaks manufactured. Day, date, month and moon phases with original box and extract from the Archives. Estimation: EUR 200,000 – 300,000 Sold for EUR 260’000 (Including buyer’s premium)

Audemars Piguet was first known for its perpetual calendar production in pocket watches, but its first-ever perpetual calendar wristwatch was manufactured in 1948. Only nine examples of its reference 5516 have been produced and very few followed due to the fastidious manufacturing processes at the time.

Back in December 2021 in Hong Kong, Antiquorum sold the most expensive Royal Oak Perpetual Calendar in Platinum and 18K Pink Gold on the auction market. Caliber 2120/2800 was launched by Audemars Piguet in 1978 at the height of the quartz crisis.

Audemars Piguet Ref. 25686, Royal Oak Perpetual Calendar, 1997, “tuscan dial” platinum and 18k pink gold (Lot 383).

Very fine and extremely rare, platinum and 18k pink gold, self-winding wristwatch with water-resistant with sapphire-crystal case-back. Estimation: CHF 95,000 – 178,000 Sold for CHF 178,197 (Including buyer’s premium)

A new record was set by Antiquorum a few months ago, during the November auction week in Geneva. Antiquorum sold, over the higher estimation, this amazing and extremely rare, self- winding, stainless steel perpetual calendar wristwatch.

Audemars Piguet’s Royal Oak Perpetual Calendar, 1996

Audemars Piguet confirmed that this example was born with a salmon dial despite the wrong code on the original certificate. Completely overhauled, Audemars Piguet’s Royal Oak Perpetual Calendar, 1996 (Lot 453), was ready to be worn and enjoyed with probably one of the most striking dials (along with the Yves Klein) ever made on the perpetual calendar.

Estimation: CHF 200,000 – 300,000 Sold for CHF 462,500 (Including buyer’s premium)

In 1972, Audemars Piguet introduced the Royal Oak with a first batch of 1,000 watches called the “A series” because of the letter A engraved on their case back. Two years later, additional series were produced under ref. 5204 with the letter A, B, C and D. This model (numbered 344) appears to have been created between the A and B series in 1976 and corresponds to Gerald Genta’s 1972 design. The case back is signed Royal Oak only, with no number.

Lovers of the Royal Oak will delight with the World Record set at Antiquorum Auction in Monaco last July 2021. This incredible Royal Oak is a historical timepiece as only few examples known, the first one to appear at auction with box and papers.

Audemars Piguet’s Royal Oak -year 1976– Ref. 5402ST, intermediary series; stainless steel (Lot 430) Fine and very rare, stainless steel, self-winding, tonneau-shaped, gentleman’s wristwatch, with a black lacquered dial and date. With original box, certificate, and service invoices.

Estimation: EUR 80’000 – 150’000 Sold for EUR 286’000 (Including buyer’s premium)

The watchmaking prowess of “skeletonization” does not leave collectors and watch enthusiasts indifferent. Revealing a part of the internal mechanism is a true horological art. Audemars Piguet, an expert in this field in the 1930s-1950s, used this skeletonization process on its Royal Oak collection, starting with a pendant version in 1981.

An extraordinary Royal Oak Platinum Skeleton wristwatch went under the hammer in October 1992, at Hotel des Bergues in Geneva. The timepiece was sold CHF 59’800 back in 1992 and is today estimated to CHF 200’000 according to Arnaud Tellier, Antiquorum expert and Director of Asia-Pacific.

Audemars Piguet, “Royal Oak” No. 021, present series (Lot 343). Fine self-winding, platinum skeleton gentleman’s wristwatch with perpetual calendar and moon phases, with platinum integrated bracelet with fitted box and certificate.

Estimation: CHF 45’000 – 55’000 Sold for CHF 59’800 (Including buyer’s premium)

Nicknamed “Jumbo” by collectors, it owes this nickname to its tonneau-shaped case measuring 39mm, very large for the time. In November 2020, during the lockdown, Antiquorum sold the most expensive Royal Oak in yellow gold at that time.

Audemars Piguet Ref. 5402, Jumbo Royal Oak, B series, 40th ever produced, yellow gold. (Lot 405) A fine, large, extremely rare, iconic, self-winding, 18k yellow gold wristwatch with date.

Estimation: CHF 60’000 – 120’000

Sold for CHF 150’000 (Including buyer’s premium)

More than 50 Royal Oak models went under the hammer in 2012, during an exceptional auction at Grand Hotel de Kempinski in Geneva.

For collectors and auctioneers, the Audemars Piguet’s Royal Oak Jumbo “Serie A” n°88 is one of the oldest serial numbers to have been auctioned. A small anecdote also concerns the AP logo at 6 o’clock as only the A series and about half of the pieces produced for the B series display it.

Audemars Piguet’s Royal Oak Jumbo “Series A” n°88 (Lot 402) has been produced in 1972 in steel. In excellent overall original condition still with its Gay Freres bracelet dated 1.72 and combined with the lucky number 88, it is the perfect collector’s example.

Estimation: CHF 15’000 – 20’000

Sold for CHF 40’000 CHF (Including buyer’s premium)

When the mythic “Jumbo” was born 50 years ago, the timepiece was first criticized for its atypical shape and its 39mm diameter and has since become one of the most mystical watches in the world. For half a century, the Royal Oak has been manufactured through many iconic designs and today the Manufacture Audemars Piguet pays tribute to the timeless icon of 1972 with its new masterpiece, Royal Oak “Jumbo” extra-thin Ref. 16202.

Auction market analysis 2012-2022 : Royal Oak ref. 5402

Thanks to our archives we are able to draw the evolution of the Royal Oak. For the sake of relevance, it appeared more interesting to focus on the most emblematic Royal Oak reference which is the 5402 (all prices are with buyers’ premium included).

“Designed in 1971 by Gerald Genta and produced in 1972, the Royal Oak by Audemars Piguet is one of the most iconic contemporary sports chic models in the watchmaking world. Genta’s great intelligence is to insist on the thinness of the watch case: minimizing the space in the case is a feat that watchmakers no longer know how to do. The watch becomes a bracelet, like a piece of jewelry. This is what makes it a timeless object,” says Romain Rea, CEO of Antiquorum.

In 1972, Audemars Piguet introduced the Royal Oak with a first batch of 1’000 watches called “serie A” due to the letter A engraved on their caseback. Two years later, additional series were produced under the ref. 5402 with the letter A, B, C and D. Designed by the brilliant Gerald Genta, this timepiece bears witness to the 1970s and the emergence of the notion of the sport-luxury watch.

The A-series Royal Oak is powered by the ultra-thin AP caliber 2121, derived from Jaeger-LeCoultre’s legendary ultra-thin JLC 920 caliber movement. This is this model which is the most sought after. The series B and C have a slightly lower ranking on the auction market. There are two factors which can influence the price : the provenance, meaning the history of the wristwatch, and its condition, for instance the patina of the dial.

In 2008, a Royal Oak ref. 5402 was worth approximately 14/15.000 CHF. More than 50 Royal Oak models went under the hammer in 2012, during an exceptional auction celebrating the 40th anniversary of the Royal Oak, at Grand Hotel de Kempinski in Geneva. This key date, combined to a semi-thematic auction, led to an important “auction fever” featuring very important results such as 40.000 CHF for the lot 402, a Royal Oak Jumbo series A. Contrary to the A series, the B series was sold 15.000 CHF (lot 404). The following year, in 2013, the auction market went back at 16.000 CHF before starting a sustainable rise:

Lot 198 – Hong Kong 22^ndfebruary 2014

AUDEMARS PIGUET ROYAL OAK JUMBO A SERIES STEEL Audemars Piguet, Royal Oak Jumbo, Automatic, case No. A 328, Ref. 5402ST. Made circa 1972. Very fine and rare, octagonal, self-winding, water-resistant, stainless steel wristwatch with date and a stainless steel Audemars Piguet bracelet with deployant clasp signed Gay Frères.

Estimation : 8,000 – 11,000 CHF

Sold for : 25,000.- CHF

Lot 314, Hong Kong, June 27^th &28^th , 2015

AUDEMARS PIGUET ROYAL OAK JUMBO A SERIES STEEL Audemars Piguet, Royal Oak Jumbo, Automatic, case No. A 558, Ref. 5402ST. Made in the 1970s. Very fine and rare, octagonal, self-winding, water-resistant, stainless steel wristwatch with date and a stainless steel Audemars Piguet bracelet with deployant clasp signed Gay Frères. Accompanied by an Audemars Piguet box.

Estimation : 11,000-17,000 CHF

Sold for : 26,000.- CHF

Lot 270, Geneva, November 13^th , 2016

AUDEMARS PIGUET REF. 5402 ROYAL OAK A SERIES JUMBO TROPICAL DIAL ORIGINAL WARRANTY STEEL Audemars Piguet, Royal Oak Jumbo, Automatic, case No. A 1781, Ref. 5402 ST. Sold on March 15th, 1975. Very fine and rare, octagonal, self-winding, water-resistant, stainless steel wristwatch with date and a stainless steel Audemars Piguet link bracelet with deployant clasp. Accompanied by the original warranty, Audemars Piguet extract from the archives, instruction booklet and spare service dial

Estimation : 25,000-35,000.-CHF Sold for : 31,250.- CHF

Lot 537, Geneva, November 12, 2017

AUDEMARS PIGUET, ROYAL OAK A SERIE A fine and early self-winding stainless steel wristwatch with date and original fitted box.

Estimation : 8,000-14,000.- CHF Sold for : 35,000.- CHF

Lot 569, Geneva, May 13th, 2018

AUDEMARS PIGUET, REF. 5402, ROYAL OAK, A SERIES A fine, rare and early, self-winding stainless steel wristwatch with date.

Estimation : 20,000-30,000.- CHF Sold for : 40’000.- CHF

Then in 2021, approaching the 50^th anniversary of the Royal Oak, the prices at auction went sky rocking. This enthusiasm is linked to the growing interest of collector for designer’s wristwatches, Gerald Genta being the most famous of all. The impressive results of our Monaco July auction, including one world record, were confirmed by the November Geneva auction.

Lot 212, Geneva, May 9th, 2021 AUDEMARS PIGUET, REF. 5402, «ROYAL OAK», C SERIES, ORIGINAL WARRANTY, STAINLESS STEEL Estimation : 50,000-70,000.- CHF Sold for : 87,500.- CHF

Lot 366, Monaco, July 21, 2021

Audemars Piguet Ref. 5402 ST, Self-Winding, Date, Integrated Bracelet; “Royal Oak” So-Called “Jumbo A Series”; Stainless Steel

Estimation : 70,000-110,000.- CHF

Sold for : 109,000.- CHF

Lot 430, Monaco, July 21, 2021

Audemars Piguet Ref. 5402ST, intermediary series; “Royal Oak”; stainless steel

Designed in 1971 by Gerald Genta and launched in 1972, the Royal Oak by Audemars Piguet is oneof the most iconic model in the contemporary watchmaking industry. In 1972, Audemars Piguetintroduced the Royal Oak with a first batch of 1’000 watches called “serie A” due to the letterA engraved on their caseback. Two years later, additional series were produced under the ref.5204 with the letter A, B, C and D. This model (numbered 344) appears to have been created inbetweenseries A and B in 1976 and corresponds to the 1972 design by Gerald Genta. The casebackis only signed Royal Oak with no number. It was sold on September 3rd, 1976 to the original ownerwho consigned it for this auction. In excellent condition, this is the first time a watch from this“intermediatory series” has appeares at auction.

Estimation : 95,000-180,000.- CHF

Sold for : 293,000.- CHF

Audemars Piguet Ref. 5402ST, intermediary series; "Royal Oak"; stainless steel

Lot 553, Geneva,November 6-7, 2021

AUDEMARS PIGUET, REF. 5402, «ROYAL OAK», A SERIES, NO.120, STAINLESS STEEL

Estimation : 80,000-140,000.- CHF

Sold for : 118,750.- CHF

2022 being the 50^th anniversary of the Royal Oak, there is no doubt the prices will continue their rise and our Monaco auction in January seemed to confirm this path :

Lot 51, Monaco, January 18, 2022

Audemars Piguet.Ref. 5402, Automatic, Royal Oak, Stainless-steel, A series

Estimation : 78,000-156,000.- CHF

Sold for : 176,784 CHF

Audemars Piguet.Ref. 5402, Automatic, Royal Oak, Stainless-steel, A series

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Important Modern & Vintage Timepieces & Jewelry

25^th November 2023 (Sat) | 3pm Hong Kong time

Venue: Mandarin Oriental, 5 Connaught Road, Central Hong Kong.

Online Registration: www.antiquorum.swiss

Macau Preview: 11^th November 2023 (Sat) | 11 am to 6 pm

Venue: Macau Timepiece Museum, Travessa DE S. Paulo No. 1AB Macau

Hong Kong Preview: 22^nd-24^th November 2023 (Wed-Fri) | 11am to 7pm

Venue: Room 706, The Galleria, 9 Queen’s Road Central, Hong Kong

Hong Kong, 6th November 2023 – Antiquorum Hong Kong is thrilled to unveil its autumn auction, set to take place on November 25th at The Mandarin Oriental Hong Kong, bringing a remarkable collection of 274 modern and vintage timepieces from prestigious manufacturers such as Patek Philippe, Rolex, Audemars Piguet, and more. An exceptional highlight of the sale includes important vintage pieces of historical significance, as well as some high complication timepieces representing the ultimate sincerity and craftsmanship in Haute Horlogerie. Previews will be open to the public in Macau and Hong Kong in the days leading up to the event, providing a unique opportunity for aficionados and collectors to experience these extraordinary timepieces firsthand.

Lot 274

Rolex Ref. 6263, Daytona, Paul Newman, Steel

Estimate: HK$ 2,600,000 – 4,350,000

Produced from 1971 to 1987, the Ref. 6263 is one of the most iconic vintage Rolex. It is easily recognizable by its screwed-in pusher, and the beautiful black bakelite bezel. This reference, along with Ref. 6265, are the last references produced by Rolex using a manual-winding movement.

The current example of Ref. 6263 was made around 1971, features a MK2 Paul Newman dial, which is named after the famous Hollywood actor who achieved a successful career in motorsports later in life. From the black and white high-contrast dial to the stepped sub-dials with square shape markers and reading-friendly bold numerals, all details were specially designed to be more visible to the car racers.

Lot 273

Patek Philippe, Ref. 1463, Chronograph, Asthmometer Dial, Steel, Possibly piece unique

The Patek Philippe Ref. 1463 was launched in 1940. It was the brand’s first ever fully waterproof case with oversized round pushers. Its size was also larger comparing to the brand’s previous chronograph model. All these features together make this reference a distinctive, robust, and sporty chronograph at the time.

This example of Ref. 1463 was one of the rarest among all variations of the same reference. It features a steel case with a special asthmometer dial and is believed to be the personal watch of the legendary watchmaker Jacques Golay, a skilled Régleur working with Patek Philippe at the time.

According to a hand-written letter from Jacques Golay’s son Jules Golay, this special Ref. 1463 was made by the watchmaker himself at the workshop Victorin Piguet, part of the renowned Patek Philippe group of companies, in 1940-50s.

Previously sold at the November Antiquorum Geneva auction in 2012 for the impressive price of CHF 194,500, this extraordinary timepiece has been impeccably preserved by the same owner since then. Now, it resurfaces in the market, giving collectors and enthusiasts a once-in-a-lifetime opportunity to acquire a cherished piece of horological history.

Lot 272

Patek Philippe Ref. 533, Chronograph, 18K pink gold

Estimate: HK$ 380,000 – 600,000

The Patek Philippe Ref. 533 was launched in 1937, featuring a slightly larger case size compared to its predecessor Ref. 130. With its elegant Calatrava case and flat bezel, it is often revered as the epitome of 1950s chronographs. This example of Ref. 533 features a pink gold case and a pink dial, also known as ‘Pink on Pink’, which is exceptionally rare and highly sought after by collectors. It is believed that the total production of this reference is limited to only 350 pieces, adding to their desirability and exclusivity.

Lot 266

Patek Philippe Ref. 5971P-001, Perpetual Calendar Chronograph, Platinum

Estimate: HK$ 1,700,000 – 2,450,000

The Ref. 5971, introduced in 2007, features a platinum case with a bezel set with 36 baguette diamonds and a black lacquered dial. It is considered as a luxurious variation of the Ref. 5970. Despite its exquisite design, the Ref. 5971 was only available in the product catalogue for three years, indicating its rarity with an estimated production number not exceeding one hundred units. Regarded as the “classic column-wheel chronograph with perpetual calendar, accented by the eternal fire of diamonds,” the Ref. 5971 is highly prized by connoisseurs for its exceptional craftsmanship and timeless beauty.

Lot 265

Patek Philippe Ref. 5970G-001, Perpetual Calendar Chronograph, 18K white gold

Estimate: HK$ 1,100,000 – 1,560,000

The Patek Philippe Ref. 5970 is a remarkable timepiece that represents the last Patek Philippe perpetual calendar chronograph model that utilizes the CH 27-70 Q movement, which is based on the renowned Lemania 2310. Produced between 2004 and 2010, this reference is a highly sought-after watch with limited production numbers. In total, there were less than 3,000 pieces made across four variations. The white gold version alone is estimated to have approximately 1,000 to 1,200 examples. Its rarity, coupled with its exquisite craftsmanship and timeless design, make this reference a true gem in the world of horology.

Lot 172

Patek Philippe, Ref. 5101P-010, 10 Day Tourbillon, Platinum

Estimate: HK$ 780,000 – 1,250,000

The Patek Philippe reference 5101P was introduced in 2003. With its distinctive triple-stepped flanks and seamlessly curved case merging with the sapphire crystal, it exudes elegance and comfort. Powered by the in-house caliber 28-20/222, it houses rare complications within its rectangular form. Twin mainspring barrels provide an impressive 10-day power reserve, while a delicate one-minute tourbillon carriage ensures precision. Certified by C.O.S.C. and bearing the prestigious Geneva Seal, the reference 5101P-010 embodies Patek Philippe’s unwavering commitment to excellence.

Lot 149

Jaeger-LeCoultre, Ref. 149.3.34.S,
Master Grand Tourbillon Enamel Van Gogh,
18K white gold, Limited Edition of 18 pieces

Estimate: HK$ 450,000 – 880,000

This limited edition timepiece showcases a remarkable miniature enamel painting on the dial, featuring Van Gogh’s iconic Starry Night. Every stroke and detail has been meticulously crafted, capturing the essence of the original artwork. Equipped with an award-winning automatic tourbillon movement cal. 978, this watch seamlessly blends exceptional craftsmanship and technical precision. Limited to only 18 pieces, it is a true collector’s item that embodies the fusion of fine watchmaking and the world of art.

Lot 267

Cartier, Ref. HPI01203, Rencontre de Panthères,
18K white gold

Estimate: HK$ 680,000 – 900,000

Cartier takes its exploration of complications to new heights with the Rencontre de Panthères watch. Breaking tradition, Cartier showcases the inner workings of the movement on the dial, revealing the oscillating weight in a captivating display. The dial features two panthers engaged in a fierce battle over a diamond ring, symbolizing the power and intensity of time. As the wearer’s wrist moves, the oscillations charge the barrel, which powers the watch’s heart.

18K white gold case with set with 395 brilliant-cut diamonds totalling 5.85 carats; Panther motif set with 288 brilliant-cut diamonds totalling 0.74 carats, marquise-cut emerald eyes, black lacquer spots, two-tone hands in rhodium-finish steel and black. This fusion of aesthetics and function delivers a masterful blend of style and refinement. The intricate details of the panthers’ faces, ears, and spots demonstrate Cartier’s commitment to graphic excellence.

Lot 153

Audemars Piguet, Ref. 26221FT.OO.D002CA.01,
Royal Oak Concept Laptimer Michael Schumacher, Forged Carbon, Limited Edition of 221 Pieces

Estimate: HK$ 800,000 – 1,300,000

Designed with motorsport enthusiasts in mind, the Royal Oak Concept Laptimer features a unique laptimer chronograph function. This innovative feature allows drivers to measure and record individual lap times during races or track sessions. With its double central second hands and flyback capability, it enables precise timing, making it an indispensable tool for professional racing.

The forged carbon case provides strength and durability, while the curved sapphire crystal ensures optimal visibility and protection. The black openworked dial showcases a 30-minute counter at 3 o’clock, while the luminescent-coated white gold Royal Oak hands enhance legibility in any lighting condition.

Limited to only 221 pieces, this timepiece pays tribute to the legendary Formula 1 driver Michael Schumacher. Schumacher’s pursuit of perfection and his relentless drive for success perfectly align with the spirit of the Royal Oak Concept Laptimer.

Lot 271

Audemars Piguet, Ref. 26265FO.OO.D002CR.01,
Royal Oak Concept Carbon Tourbillon Chronograph, Forged Carbon

Estimate: HK$ 700,000 – 1,000,000

Introduced in 2008, the Audemars Piguet’s Royal Oak Concept Carbon Tourbillon Chronograph is an evolution of the Royal Oak Concept collection, which was unveiled in 2002 to commemorate the 30th anniversary of the iconic Royal Oak collection. The watch’s case is crafted from an extremely dense carbon, resulting in an ultra-lightweight, robust structure that can withstand thermal shocks. In a display of inventive material usage, the timepiece incorporates new elements from the aviation and automotive industries, including eloxed aluminum, PVD coating, amorphous carbon coating, and ceramics. The watch packs a punch with its horological functions, boasting a tourbillon, a 10-day power reserve with an indicator, and a high-performance chronograph, showcasing the brand’s commitment to precision and performance.

Lot 270

Lange & Söhne, Ref. 145.032, Zeitwerk Striking Time, 18K pink gold

Estimate: HK$ 650,000 – 1,000,000

The A. Lange & Söhne’s Zeitwerk Striking Time was launched in the year 2011. It was the first Lange wristwatch with a chiming mechanism that acoustically indicates the full and quarter hours. Its unique features include a jumping numerals display and a visible striking mechanism. The striking mechanism chimes every quarter-hour and full hour, producing a high-pitched tone and a vigorous, lower pitched tone respectively.

Lot 268

F.P. Journe, Octa Lune, Platinum

Estimate: HK$ 500,000 – 880,000

The F.P.Journe Octa Lune combines technical excellence with poetic elegance. The watch’s automatic movement 1300-2, crafted in 18K rose gold, offers a remarkable power reserve of over five days. The moon phase complication, with its intricately crafted 18K gold moon and stars against a deep blue background, adds a touch of enchantment to the watch. The guilloché silver subdials, blued hands, and steel rings further enhance its visual appeal.

Lot 145

Hublot, Ref. 304.PX.1180.LR,
Big Bang Minutes Repeater Tourbillon,
18K pink gold, Limited Edition of 10 pieces

Estimate: HK$ 330,000 – 580,000

Crafted around 2015, this exceptional watch features two impressive complications, a tourbillon and a minute repeater. The 18K pink gold case and bezel, complemented by titanium screws, exude a timeless elegance. With only 10 pieces ever produced, and this particular watch numbered 0, it holds a special place in the world of luxury timepieces.

Antiquorum

Established in Geneva in 1974, Antiquorum has carved its own unparalleled niche in the auction world through its focused expertise in horology and by cultivating a thriving collector’s market for timepieces worldwide. The world’s premier auctioneer of fine modern and vintage timepieces has set world records for auction sales and holds several auctions a year in Geneva and Hong Kong, with previews held in major cities worldwide. Antiquorum maintains offices in Geneva, Hong Kong, Monaco, Milan, Paris, Munich, Shanghai, Singapore and Bangkok.

www.antiquorum.swiss

CONTACT

Marketing Department – Antiquorum Hong Kong

+852 25224168

hk@antiquorum.swiss

Room 706, 9 Queen’s Road Central, Hong Kong

ANTIQUORUM WITNESSES 50 YEARS OF AUDEMARS PIGUET’S ROYAL OAK

1972-2022

More than 30 years of archives

Auction market analysis 2012-2022 : Royal Oak ref. 5402

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