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140

Audemars Piguet

Ref. 15202IP

Royal Oak Ultra-Thin

An exceptional and exclusive limited edition titanium and platinum wristwatch with “ultramarine blue” dial, polished bezel, date, and bracelet, with warranty card and presentation box, limited edition of 250 pieces

Estimate
$70,000 - 140,000
Lot Details
Manufacturer
Audemars Piguet
Year
2018
Reference No
15202IP
Movement No
AJ2820
Case No
K12621
Model Name
Royal Oak Ultra-Thin
Material
Titanium and platinum
Calibre
Automatic, cal. 2121, 36 jewels
Bracelet/Strap
Titanium and Platinum Audemars Piguet bracelet max overall length 200mm
Clasp/Buckle
Titanium and Platinum deployant clasp
Dimensions
39mm Diameter
Signed
Case, dial, movement and clasp signed
Accessories
Accompanied by a Audemars Piguet international warranty card, wooden fitted presentation box, produce literature and outer packaging.
Catalogue Essay
Reference 15202 has become one of the most coveted watches of the past years. It was first introduced in steel and yellow gold cases in 2000, while retaining the 39mm case of the original “Jumbo” as well as the automatic caliber 2121, modernized with a more modern aesthetic featuring a "Grande Tapisserie" dial and sapphire caseback.

The "IP" - as the present watch is nicknamed by collectors (as reference to the last two letters of its reference number meaning titanium and platinum) - represents the continuation, or according to some collectors the pinnacle, of this path. In its case, the collector finds the mix - as idiosyncratic as it is potent - of two opposing metals: ultra-light and technical titanium for the case and bracelet links and heavy and luxurious platinum for the bezel and central links. It is incredible how these two polar opposite metals manage to perfectly blend together for a supremely attractive final result.

The degradé ultramarine blue dial also represents a new tier of experimentation for the 15202 model, noticeably - but still discreetly - stepping away from the usual monochrome dark dials. Also in this case, the outcome packs an incredibly powerful aesthetic punch.

Offered by the original owner, the timepiece has an unrestrained beauty and desirability, and its 250-piece limited production propelled collectors to the highest level of frustration: only the brand’s most important collectors were able to call one of these watches their own. Such a dedicated crowd obviously very rarely part with their watches - let alone such an exclusive and attractive piece - rendering quite unsurprising the scarcity on the market of this model.

CONSIGNED BY THE ORIGINAL OWNER

Audemars Piguet

Swiss | 1881
A specialist in the manufacture of complications since it was established in 1881, Audemars Piguet never ceases to impress with a rich history of creating bold, even audacious, timepieces underpinned by traditional watchmaking at its finest. This Le Brassus-based Swiss manufacturer is one of only two major manufacturers still owned by the founding family. Since its earliest days, AP is considered a leader in the field of minute repeaters and grande complication pocket and wristwatches. The brand is devoted to preserving the history of watchmaking in the Vallée de Joux, showcased at their superb museum in Le Brassus.
Today, the brand is best known for its Royal Oak models, a revolutionary luxury sports watch launched in 1972. Other key models include early minute repeating wristwatches, vintage chronograph wristwatches, such as the oversized reference 5020, perpetual calendar watches and the Royal Oak Offshore, first introduced in 1993.
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