Audemars Piguet - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips
  • Manufacturer: Audemars Piguet
    Year: Circa 1997
    Reference No: 25970OR.OO.1010OR.01
    Movement No: 451’277
    Case No: D92'255, No. 027
    Model Name: Royal Oak Offshore Dual Time Hong Kong Edition
    Material: 18K pink gold
    Calibre: Automatic, cal. 2229/2845, 37 jewels
    Bracelet/Strap: 18K pink gold Audemars Piguet bracelet, max length 185mm
    Clasp/Buckle: 18K pink gold Audemars Piguet deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Delivered with an Audemars Piguet Extract from the Archives confirming the register date of the present timepiece on 30th September 1997, service invoice and timepiece life & care card.

  • Catalogue Essay

    Among one of the rarest limited edition Audemars Piguet Royal Oak Offshore Dual Time references ever produced, the present pink gold example belongs to a limited edition of 30 pieces made commemorate Hong Kong’s handover to China in 1997.

    Modelled as the ref. 25970OR, it features a utilitarian 40mm diameter Offshore case with a matching bracelet in 18K pink gold. With the voluptuous proportions of the Royal Oak Offshore, the combination of a matching pink gold case and bracelet certainly does not disappoint with a hefty wrist presence. Fitted with a greyish blue petite tappiserie dial, it features a power reserve indication of up to 48 hours, a subdial for the date and another for the dual-time. Also made in stainless steel as a limited edition of 100 pieces, the present pink gold example is certainly a much rarer sight. Featuring an engraved caseback with Chinese characters of the brand’s name, this specific feature alone is not a common sight to see.

    Offered in attractive overall condition with an Extract from the Archives issued by Audemars Piguet, the present rare Offshore is the first example in pink gold to be offered at a PHILLIPS auction.

  • Artist Biography

    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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981

Ref. 25970OR.OO.1010OR.01
A very fine and rare limited edition pink gold dual-time wristwatch with date, power reserve indication and bracelet, one of a limited edition of 30 pieces, made to commemorate the handover of Hong Kong to China on July 1st, 1997

Circa 1997
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$270,000 - 430,000 
€31,200-49,700
$34,600-55,100

Sold for HK$444,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023