Audemars Piguet - The Hong Kong Watch Auction: XVII Hong Kong Friday, November 24, 2023 | Phillips

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  • Manufacturer: Audemars Piguet
    Year: Circa 2000
    Reference No: 25860IS.0.1110IS.01
    Movement No: 462’821
    Case No: E29’046
    Model Name: Royal Oak, City of Sails “Be Happy”
    Material: Titanium
    Calibre: Automatic, cal. 2385, 37 jewels
    Bracelet/Strap: Titanium Audemars Piguet bracelet, max length 180mm
    Clasp/Buckle: Titanium and stainless steel Audemars Piguet deployant clasp
    Dimensions: 39mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Audemars Piguet warranty stamped Michimata Japan and dated 8th March 2000, Certificate of Authenticity, hang tag, fitted presentation box and outer packaging.

  • Catalogue Essay

    To mark the first Swiss challenger to participate in the America's Cup, held in Auckland New Zealand, Audemars Piguet released the City of Sails "Be Happy” edition Royal Oak in 1999.The chronograph is limited to 300 pieces and is constructed of titanium, a sturdy but difficult to work with metal that is light and easy to wear. The dial has a clear and unique flair, displaying a deep blue tapisserie background, reminiscent of the blue oceanic tones and light blue skies. Furthermore, the dial also showcases yellow splashes of colour for the hour, minutes and chrono hands reminiscing of those sunny summer days. The date aperture is interestingly placed between 4 and 5 o’clock. The rear of the case is inscribed with the phrase "City of Sails," a nickname for Auckland, New Zealand, which is recognized for its maritime heritage. The lightness and sturdiness of the case and bracelet enable the timepiece to deliver a comfortable and unique feel to the wrist.

    Offered in excellent overall condition with its full set of accessories, the present example not only impresses thanks to its good looks but also, its rarity.

  • 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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Property from an Important Asian Collector


Ref. 25860IS.0.1110IS.01
A fine and rare limited edition titanium chronograph wristwatch with date, bracelet, warranty and presentation box, one of a limited edition of 300 pieces

Circa 2000
39mm diameter
Case, dial, movement, bracelet and clasp signed

HK$150,000 - 250,000 

Sold for HK$355,600

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023