





36
Audemars Piguet
Ref. 25654BA
Royal Oak
A scarce, luxurious, early and highly collectible yellow gold perpetual calendar wristwatch with moon phase, no leap year indication, bracelet, and warranty
- Estimate
- $50,000 - 100,000
- Manufacturer
- Audemars Piguet
- Year
- Circa 1990
- Reference No
- 25654BA
- Case No
- D33024, 924
- Model Name
- Royal Oak
- Material
- 18K yellow gold
- Calibre
- Automatic, cal. 2120/2800, 38 jewels
- Bracelet/Strap
- 18K yellow gold Audemars Piguet integrated bracelet, max length 180mm
- Clasp/Buckle
- 18K yellow gold Audemars Piguet deployant clasp
- Dimensions
- 39mm
- Signed
- Case, dial, movement and clasp signed
- Accessories
- Accompanied by Audemars Piguet Certificat d’Origine et de Garantie booklet, product literature and Bartorelli (at the time, Riccione, Italy Audemars Piguet retailer) service booklet dated 2014.
Catalogue Essay
The present Audemars Piguet Royal Oak Perpetual Calendar ref. 25654BA is a beautifully preserved example, fitted with a highly desirable white MK I (no leap year indication, “old” signature) white dial. Finding a white dial in this model is quite rare - as they usually feature champagne dials. Aesthetically, the watch undergoes a true transformation. Departing from the “full gold” typical look, the white dial dresses down the watch while at the same time rendering it an unusual and rare configuration which will surprise and delight connoisseurs.
As expected from a MK I dial, it does not include a leap year indication (this feature was only added later, when the movement was updated to the calibre 2120/2802 in 1993) and it features the “old style” AP signature.
Featuring a very sharp case, original guarantee booklet and a luxurious aesthetic, this watch will grant endless delight to its lucky new owner.
Audemars Piguet
Swiss | 1881A 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.