Important Modern & Vintage Timepieces

Monaco, Jan 19, 2023

LOT 63

AUDEMARS PIGUET
REF. 5402, SELF-WINDING, DATE; "ROYAL OAK" SO-CALLED "JUMBO" "B-SERIES"; STAINLESS STEEL

EUR 35,400 - 56,000

USD 37,900 - 60,000 / HKD 296,000 - 466,000 / CHF 35,000 - 55,000

Sold: EUR 46,800

Stainless steel, self-winding, “tonneau”-shaped, large gentleman’s wristwatch, water-resistant with case-back screwed by eight screws, octagonal ship's porthole-shaped bezel screwed by eight hexagonal "nuts" screws, grey colour dial with date of the month (aperture at 3 o’clock).


LOADING IMAGES
Click to full view Click to full view
Image Image

Grading System
Grade: AAA

Excellent

Case: 3-8-19

Good

Slightly scratched

Dent(s)

Movement: 3 *
Dial: 3-6-8-54-02

Good

Slightly oxidized

Slightly scratched

Service dial

HANDS Service hands

Brand Audemars Piguet, Le Brassus (Vallée de Joux)

Model "Royal Oak", B-Series

Reference 5402 ST

Year sold in January 1976

Movement No. 99602

Case No. 158 309

Material stainless steel

Bracelet integrated stainless steel AP bracelet with deployant clasp

Diameter 40 mm.

Length 155 mm. (approx.)

Caliber 2121, 36 jewels

Signature dial, case and movement

Accessories later fitted box, original warranty (dated January 1976), instruction booklet, original deployant clasp (hinge broken), overhaul (by Wempe, dated 2002) and AP invoice for the change of the clasp

Notes

Launched in 1972 the “Royal Oak” Ref. 5402 was designed by Gérald Genta (1931-2011), four years before the “Nautilus” of Patek Philippe, also designed by Genta.
Nicknamed “Jumbo” by collectors, it owes this nickname to its “tonneau”-shaped case measuring 39 mm., who was very large for the time.

Avant-garde, it was the first all-steel watch considered a luxury watch, more expensive at the time than a dress-watch in precious metal. Another characteristic, its case is made of only two parts: the case-back and the case-band in a single part entirely maintained by the screwed octagonal bezel, allowing a perfect water-resistance.

Reference 5402 houses a version of the highly appreciated Jaeger-LeCoultre 920 movement, the ultra-thin AP 2121 calibre.

This reference has been produced in four series, marked:
· “A” (approximately 2 000 pieces);
· “B” (between 1 000 and 2 000 pieces);
· “C” and “D”, each of them with small modifications to the bracelet, dial and movement.

--

Purchased new by the owner in 1976, this watch has been maintained regularly over the years but more importantly he paid careful attention to keeping the original warranty and instruction booklet rarely found today.

Provenance

Property of the original Spanish owner