Important Modern & Vintage Timepieces
Geneva, May 13, 2012
LOT 406
AUDEMARS PIGUET ROYAL OAK JUMBO RETAILED BY BULGARI, FORMER PROPERTY OF THE PRESIDENT OF VENEZUELA CARLOS ANDRES PEREZ (CAP) Audemars Piguet, ?Royal Oak Jumbo, Automatic?, No. 151, case No. B18989 movement No. 174014, Ref. 5402BA, retailed by Bulgari. Sold in 1977. Fine and very rare, octagonal, self-winding, water-resistant, 18k yellow gold wristwatch with date and an 18k yellow gold Audemars Piguet bracelet with deployant clasp. Accompanied by an Audemars Piguet Certificate of Origin.
CHF 30,000 - 40,000
USD 33,000 - 45,000 / EUR 25,000 - 33,000
Sold: CHF 40,000
C. Two-body, polished and brushed, octagonal bezel set with 8 hexagonal nuts embanked in 8 screws on the engraved case back (CAP 1977), angled lugs, sapphire crystal. D. Anthracite, clous de Paris decoration, applied luminous steel baton indexes, applied gold Audemars Piguet logo at 6, outer white minute divisions, aperture for the date. Luminous steel baton hands. M. Cal. 2121, rhodium-plated, fausses cotes decoration, 36 jewels, straight line lever escapement, Gyromax balance adjusted for heat, cold, isochronism and 5 positions, shock-absorber, self-compensating fl at balance spring, 21K gold rotor. Dial, case and movement signed. Dim. 39 x 48 mm. Thickness 7 mm. Approx. overall length 170 mm.
| Grading System | |
|---|---|
Grade: |
|
Case: 3 |
Good |
Movement: 2* |
Very good Overhaul recommended, at buyer's expense |
Dial: 2-10-01 |
Very good Patinated HANDS Original |
Notes
Carlos Andrés Pérez Rodríguez (27 October 1922 ? 25 December 2010), was President of Venezuela from 1974 to 1979 and again from 1989 to 1993. During his fi rst presidency the country had great economic and social prosperity due to income from petroleum exportation. During his second presidency, however, there was a continuation of the economic crisis of the 1980s and a series of social crises, including a popular revolt and two coup attempts in 1992.