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  • Manufacturer: Audemars Piguet
    Year: 2020
    Reference No: 15202ST.00.1240ST.01.A.99
    Case No: NM5519G
    Model Name: Royal Oak
    Material: Stainless steel
    Calibre: Automatic, cal. 2121, 36 jewels
    Bracelet/Strap: Stainless steel Audemars Piguet bracelet, max overall length 200mm
    Clasp/Buckle: Stainless steel Audemars Piguet clasp
    Dimensions: 39mm Diameter
    Signed: Case, dial, movement and clasp signed.
    Accessories: Accompanied by Audemars Piguet International Warranty, Audemars Piguet presentation box, hang tag, and product literature.

     

    Catalogue Essay

     

    Launched in 1972, the Royal Oak reference 5402 was the world’s first stainless steel luxury sports watch with a fully integrated bracelet. Designed overnight in response to an urgent request for an ‘unprecedented steel watch’, it was at the same time the most expensive stainless steel watch ever made. Today the Royal Oak is a legend, accounting for over 70% of the brand’s sales. The brand sought famed designer Gerald Genta, who developed a brilliantly engineered, monobloc case, with a distinctively maritime feel, featuring an octagonal bezel secured by eight hexagonal, white gold screws, and a dial with tapisserie motif.

     

    The present example is a modern representative of this landmark line of wristwatches. The reference 15202 was launched in 2000, and then updated in 2012 in celebration of the model’s 40th anniversary. It is powered by the same legendary caliber 2121 as the original, however this time, contrary to the original model, can be admired through the sapphire caseback. Collectors consider the reference 15202 as the modern Royal Oak to have as it shares so many attributes with regards to case size, movement and overall looks to the now iconic reference 5402.

     

    This unique example was generously donated by the Prince Albert II of Monaco Foundation, and is being sold to benefit One Drop and the Prince Albert II of Monaco Foundation. In brand new condition, it is the only Royal Oak known with H.S.H. Prince Albert of Monaco signature engraved on the steel caseback surrounding the sapphire crystal. The watch is complete with warranty, hang tag and presentation box, and with this legendary model difficult to find, it offers passionate collectors a superb opportunity to own one of the world’s most sought-after timepieces, while benefitting causes dedicated to providing safe water in disadvantaged communities around the world.

     

    The buyer of this lot may be eligible to receive a charitable tax deduction for their purchase. Please see section 10 of this Auction’s Conditions of Sale.

     

     The objectives supported by TIME COUNTS

     

    Tackling global water issues and improving the living conditions of some of the most vulnerable populations around the world.
    Tackling global water issues and improving the living conditions of some of the most vulnerable populations around the world.

    In the wake of COVID-19, there’s never been more pressure on the global community to address water issues. Handwashing being one of the most important behaviors to decrease the propagation of all kinds of viruses, it goes without saying that safe water needs to be accessible. Unfortunately, over 2.2 billion people lack access to safe water at home.

     

    All net proceeds from the TIME COUNTS charitable initiative will go to improving the living conditions of the most vulnerable populations around the world by providing sustainable access to safe water and encouraging the adoption of healthy hygiene behaviors.

     

    TIME COUNTS will also enable One Drop and the Prince Albert II of Monaco Foundation to fund a large-scale program resulting from a joint call for proposals launched earlier this year by both foundations. Applicant organizations have submitted projects to improve resilience and ensure sustainable and equitable access to safe water, sanitation, and hygiene (WASH) services for communities in need, with particular emphasis placed on issues affecting extremely poor and marginalized populations. The final selection will be announced in early 2021.

     

    Together, let’s make the world a more sustainable place for all.

     

    Phillips will remit to One Drop and the Prince Albert II of Monaco Foundation the next proceeds from the Buyer’s premium.

     

      

    One Drop and the Prince Albert II of Monaco Foundation join forces for a vital cause.

     

    The One Drop Foundation

     

     

    One Drop is an international foundation created by Cirque du Soleil and Lune Rouge founder Guy Laliberté, with the vision of a better world where all have access to living conditions that allow empowerment and development. Its mission is to ensure sustainable access to safe water, sanitation and hygiene for the most vulnerable communities through innovative partnerships, creativity and the power of art. Together with its partners, One Drop brings its unique Social Art for Behaviour Change™ approach to promote the adoption of healthy practices around water, sanitation and hygiene through locally inspired social art programs, empowering the communities to take ownership of the water projects over time. For this to be possible, One Drop creates novel fundraising initiatives supported by a visionary community of partners and donors. One Drop counts over 12 years of turning water into action with projects that will soon have transformed the lives of over 2.1 million people around the world.

     

    Onedrop.org

     

    Photo credit: Terry Hughes
    Photo credit: Terry Hughes

     

    The Prince Albert II of Monaco Foundation

     

     

    Inspired by his own observations and in the light of the alarming scientific evidence, H.S.H. Prince Albert II of Monaco made a personal commitment by launching, in 2006, his Foundation to act against the environmental dangers threatening our planet and making populations vulnerable. The Foundation focuses its efforts on three principal domains of action: climate change, biodiversity and water resources, and funds initiatives in the fields of research and studies, technological innovation and socially aware practices. In order to take action for the protection of nature, the Foundation supports projects in three main geographical regions: the Mediterranean Basin, the Polar Regions and the Least Developed Countries.


    www.fpa2.org

    • Catalogue Essay

      Launched in 1972, the Royal Oak reference 5402 was the world’s first stainless steel luxury sports watch with a fully integrated bracelet. Designed overnight in response to an urgent request for an ‘unprecedented steel watch’, it was at the same time the most expensive stainless steel watch ever made. Today the Royal Oak is a legend, accounting for over 70% of the brand’s sales. The brand sought famed designer Gerald Genta, who developed a brilliantly engineered, monobloc case, with a distinctively maritime feel, featuring an octagonal bezel secured by eight hexagonal, white gold screws, and a dial with tapisserie motif.

      The present example is a modern representative of this landmark line of wristwatches. The reference 15202 was launched in 2000, and then updated in 2012 in celebration of the model’s 40th anniversary. It is powered by the same legendary caliber 2121 as the original, however this time, contrary to the original model, can be admired through the sapphire caseback. Collectors consider the reference 15202 as the modern Royal Oak to have as it shares so many attributes with regards to case size, movement and overall looks to the now iconic reference 5402.

      This unique example was generously donated by the Prince Albert II of Monaco Foundation, and is being sold to benefit One Drop and the Prince Albert II of Monaco Foundation. In brand new condition, it is the only Royal Oak known with H.S.H. Prince Albert of Monaco signature engraved on the steel caseback surrounding the sapphire crystal. The watch is complete with warranty, hang tag and presentation box, and with this legendary model difficult to find, it offers passionate collectors a superb opportunity to own one of the world’s most sought-after timepieces, while benefitting causes dedicated to providing safe water in disadvantaged communities around the world.

    • 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.

      View More Works

70

Lot offered with No Reserve

Ref. 15202ST.00.1240ST.01.A.99
A unique, new stainless steel wristwatch with date, bracelet and engraved signature of H.S.H. Prince Albert II of Monaco, with warranty, hang tag, and presentation box, donated by the Prince Albert II of Monaco Foundation to benefit the missions of One Drop and the Prince Albert II of Monaco Foundation

2020
39mm Diameter
Case, dial, movement and clasp signed.

Full Cataloguing

Estimate
$20,000 - 40,000 
CHF18,300-36,700
€17,000-33,900
HK$155,000-310,000

Sold for $163,800

Contact Specialist

Paul Boutros
Head of Watches, Americas & International Strategy Advisor
Senior Vice President
+1 212 940 1293
[email protected]

Racing Pulse

New York Auction 12 December 2020