Antiquorum Auctioneers since 1974

Geneva, Nov 08, 2026

LOT 533

AUDEMARS PIGUET, SWITZERLAND, REF. 25654BA.OO.0944BA.01, ROYAL OAK QUANTIEME PERPETUEL, DORE OPALIN DIAL, "NO LEAP YEAR INDICATOR", 18K YELLOW GOLD

CHF 60,000 - 90,000

HKD 580,000 - 860,000 / USD 73,000 - 110,000 / EUR 65,000 - 98,000 / JPY 11,510,000 - 17,270,000

Sold: CHF 88,200

A fine, rare and limited, 18k yellow gold, self winding perpetual calendar wristwatch

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Grading System
Grade: AAA

Excellent
Case: 3-8

Good

Slightly scratched
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-8-01

Very good

Slightly scratched

HANDS Original

Brand Audemars Piguet, switzerland

Model Royal Oak Quantieme Perpetuel

Reference 25654BA.OO.0944BA.01

Year sold in July 1987

Movement No. 274530

Case No. C19585, No. 0302

Bracelet 18k yellow gold Audemars Piguet bracelet with deployant clasp, approx. overall length 182 mm.

Caliber 2120/2800, 33 jewels

Diameter 39

Signature dial, case and movement

Accessories winding box, Wempe warranty, instruction and service booklets, AP warranty card and overhaul invoice dated 2021

Notes

The perptual calendar reference 25654 was produced from 1987 until 1996. Featuring a perpetual calendar without leap year indicator (which would be introduced on its successor reference 25820) and a dore opalin dial without the tapisserie decoration, this example was sold new at Wempe in 1987 which in its first year of production was produced in yellow gold in only 52 pieces.