Antiquorum Auctioneers since 1974

Important Modern & Vintage Timepieces

Monaco, Jul 13, 2024

LOT 198 *

AUDEMARS PIGUET, SWITZERLAND, REF. 5402 BA, ROYAL OAK "JUMBO", B SERIES, 18K YELLOW GOLD

EUR 50,000 - 80,000

CHF 47,800 - 77,000 / HKD 420,000 - 670,000 / USD 54,000 - 86,000

A fine and very rare, early, 18k yellow gold, self winding wristwatch with date and AP logo at six

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:
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, switzerland

Model Royal Oak "Jumbo", B series

Reference 5402 BA

Year circa 1977

Movement No. 196662

Case No. B28728, No. 342

Bracelet 18k yellow gold Audemars Piguet bracelet with 18k white gold deployant clasp, approx. overall length 170 mm.

Caliber 2121/1, 36 jewels

Diameter 40

Signature dial, case and movement

Notes

The 5402 is the first reference ever produced of the iconic Royal Oak designed by Gerald Genta. Featuring an ultra thin Jumbo case in 18kt yellow gold with automatic movement, this model in gold is a real rarity produced in a few hundred pieces only. The watch is in excellent condition with a full case with sharp edges, well preserved bracelet, perfect bezel. The dial is also absolutely intact and without any defects and is still fitted with the original dial with the AP logo at 6 o’clock meaning that the present watch is part of the first batch ever produced in 18K yellow gold.

Provenance

Property of a US Gentleman