lot 03

Audemars Piguet

Royal Oak D Series

Estimate CHF 50 000 / CHF 60 000
Starting bid CHF 50 000

Hammer price CHF 60 000
Total bids 8
Buyer’s premium will not be charged

Specification

CaseOctagonal stainless steel case, with a solid stainless steel caseback
BraceletIntegrated stainless steel bracelet
DialAnthracite Tapisserie dial, with applied luminous indices, date indication at 3 o'clock
MovementRhodium-plated automatic movement, with Geneva stripes
Cal.2121
Ref.5402ST
Movement No.145763
Case No.B28868 / No.D1081
D=39mm
Year1980

Condition report

Case:Very good, small signs of wear
Bracelet:Very good, small signs of wear, replaced by AP during service 2021
Dial:Mint condition, replaced by AP during service 2021
Movement:All functions working properly, original movement No.198391 replaced by No.145763
Amplitude (Dial on top/Lift angle 52):Approx 290 degrees
Accuracy (Dial on top):Approx + 8 sec/day
Exctract from archives:Yes

Details

A very rare, legendary and charismatic stainless steel self-winding ultra-thin Royal Oak ‘Jumbo’ wristwatch of the famous Swiss watch brand Audemars Piguet, founded in 1875. Purchase date: 1980. Case in stainless steel, diameter 39mm, thickness 7.2mm, solid caseback with Royal Oak logo and model series D number engraved. Dark grey with blue-violet tint (anthracite) dial, featuring original ‘Tapisserie’ pattern and ‘AP’ logo at 12 o’clock. Caliber 2121, ultra-thin, self-winding, rotor with an inertial segment in 21k gold, power reserve of up to 40 hours. Functions – indication of time in hours and minutes, date aperture at 3 o’clock. Royal Oak stainless steel bracelet, Audemars Piguet first-generation double folding clasp.

Lot essay

The Royal Oak 5402ST is an iconic timepiece, whose release in 1972 opened perhaps the most impressive chapter in the watch heritage of the venerable Audemars Piguet brand, founded in 1875. The history of this reference continues to this day, this time in the form of the incredible popularity of the original model and its successors among collectors and connoisseurs of luxury watchmaking. This is manifested in the unprecedented increase in valuation in the secondary market. History has it that the Royal Oak 5402ST was the world’s first luxury, elegant and sporty stainless steel watch with an integrated bracelet. The demands on craftsmanship required in finishing all the steel components of the case and bracelet were so high that in 1972 the watch was perceived as extraordinarily expensive. Its price of 3,750 Swiss francs reflected the cost of finishing the stainless steel components and ultra-thin automatic caliber, one of the best in its class, but at that moment exceeded the price of many gold Swiss wristwatches. In those days, the now-famous Gérald Genta was the almost anonymous author of the design, which was commissioned by Audemars Piguet. However, until his passing, his name as the father of the Royal Oak was not openly discussed by the brand.

Reference 5402ST enjoys the status of one of the most coveted collectibles of modernity. This is supported by the the legendary design in its original execution and the outstanding consumer qualities of an elegant ultra-chic sports watch in steel and an excellent self-winding caliber.

The Royal Oak 5402ST was released in four different series: A, B, C and D, as well as rare special models and a non-numbered series (so-called ‘Non-Series’), which are characterized by minor design details that distinguish each of them. The 5402ST remained in the Audemars Piguet catalogues for over a quarter of a century, with a total of 6050 pieces of various series sold between 1972 and 2002. The present example belongs to the D series, with the dial bearing the ‘AP’ logo at 12 o’clock, original “Swiss” signature at 6 o’clock, and three half-lines for the minutes on the right of the date aperture.

Reasons to bid

Reference 5402ST enjoys the status of one of the most coveted collectibles of modernity. This is supported by the impeccable image of the brand, the legendary design in its original execution, the outstanding consumer qualities of an elegant ultra-chic sports watch in steel and an excellent self-winding caliber. Although, admittedly, the 5402ST is more than that – it’s a watch you fall in love with, it’s a watch to admire forever. Therefore, the present Royal Oak ‘Jumbo’ Ref. 5402ST Series D would be an excellent purchase for the collector who desires an extremely rare, early and iconic Royal Oak ‘Jumbo’ wristwatch, produced by a world-renowned traditional watch brand, one of the undisputed leaders in the haute horlogerie watch market.