Important Modern & Vintage Timepieces

Monaco, Jan 19, 2023

LOT 182*

AUDEMARS PIGUET
REF. 15189 ST, SELF-WINDING, CENTRE-SECONDS, DATE, INTEGRATED BRACELET; “ROYAL OAK”, LIMITED EDITION MADE FOR PICTET & CIE; STAINLESS STEEL

EUR 20,300 - 40,500

USD 21,700 - 43,400 / HKD 170,000 - 338,000 / CHF 20,000 - 40,000

Sold: EUR 26,000

Stainless steel, self-winding, “tonneau”-shaped, gentleman’s wristwatch, water-resistant with case-back screwed by eight screws, octagonal ship’s porthole-shaped bezel screwed by eight hexagonal “nuts” screws, white colour dial with applied luminescent radial indexes, centre-seconds and date of the month (aperture at 3 o’clock).

Case-back stamped in the centre with the logo “Pictet & Cie / 1805-2005”, the mention “Audemars Piguet Edition Speciale” and the name “E. Mayaud”.


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This Lot is submitted to commissions and taxes :
If the lot is delivered within the EU:
a 20% import VAT is due on the hammer price with buyer’s premium, plus 120€ for termination of temporary export, at buyer’s expense.
If the lot is delivered outside EU:
120€ for termination of temporary export is due,at buyer’s expense
Grading System
Grade: AAA

Excellent
Case: 2-8

Very good

Slightly scratched
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Brand Audemars Piguet, Le Brassus (Vallée de Joux)

Model “Royal Oak”

Reference 15189 ST.OO.D083CU.01

Year 2005

Movement No. 577 257

Case No. F 18 777

Material stainless steel

Bracelet integrated stainless steel AP bracelet with deployant clasp

Diameter 36.1 mm. (bezel)

Caliber 2225, adjusted to heat, cold, isochronism and 5 positions, 36 jewels, 21K yellow gold rotor

Dimensions 46.2 x 36.1 mm.

Weight 42.8 gr. (approx.)

Signature dial, case and movement

Accessories original fitted box and outer box, red gift box, certificate of origin (dated Geneva, May 31, 2005), instruction booklets, AP service box, two additional stainless steel links, original brown leather AP strap (used), additional black leather AP bracelet with stainless steel deployant buckle (new)

Notes

This watch was made in a limited edition for the 200th Anniversary of Banque Pictet in Geneva.

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Pictet Group

The Pictet Group is a banking group specialising in wealth and asset management. Founded in Geneva in 1805, Banque Pictet has become one of Switzerland’s leading wealth management banks and one of Europe’s leading independent asset managers.

Since its foundation as Banque De Candolle, Mallet & Cie, the Bank has always been run by partners who have worked for an average of 21 years at the Bank; there have been only 43 such partners in over 200 years. It took its current name in the 1920s, and while the Grou’s holding company has taken the legal form of a limited partnership with shares since 2014, its banking business is carried out by subsidiaries that have taken on the status of public limited companies, effectively losing its Swiss status as a private bank. Its seven partners, who are both owners and managers, remain in charge of all the activities, which have grown since the beginning without acquisitions, mergers or recourse to the markets.

The group operates in 30 financial centres around the world, with banks in Geneva, Luxembourg, Nassau, Hong Kong and Singapore, and employs around 4 900 people, including 900 investment professionals. With a capital adequacy ratio well in excess of Swiss regulatory requirements, Pictet does not offer investment banking services and does not grant commercial loans.