CIRCA: 2003
CASE MATERIAL: Stainless steel
DIAMETER: 39 mm.
BRACELET: Integrated stainless steel
DIAL: Indigo blue
MOVEMENT: Cal. 2120/2800, automatic
FUNCTIONS: Time, perpetual calender, moon-phase, leap year indication
BUCKLE: Stainless steel folding clasp
WITH: Extract from the Archives, presentation box and outer packaging

This lot has been imported from outside of the UAE for sale. Should the lot be released into GCC/UAE free circulation, duty will be payable at 5% on the low estimate. Duty paid in Dubai is treated as final duty payment as per GCC''s customs laws. VAT at 5% will be applied to the hammer and buyer’s premium.

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This lot is offered by Christie's Dubai Ltd.

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Lot Essay

Audemars Piguet introduced the perpetual calendar complication to the Royal Oak collection in 1983. The first QP reference (Ref. 25654 was) introduced in 1983 and was produced till 1998 and is believed to have been limited to just 422 pieces (in yellow gold).

The watch was powered by Cal. 2120/2800, an automatic movement based on Jaeger-LeCoultre’s legendary ultra-thin JLC Cal. 920. The Caliber 2120 was developed in 1967 with the support of Audemars Piguet. The movement was adopted by Patek Philippe and Vacheron Constantin too.

The reference 25820 was launched in 1998 and featured the 2120/2802 with leap-year indicator movement first seen on the limited edition 25810. The present reference has a rarely intense indigo blue that is referred to Blue Cosmos in the Extract from the Archive.

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Condition report

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The condition of lots can vary widely and the nature of the lots sold means that they are unlikely to be in a perfect condition. Lots are sold in the condition they are in at the time of sale.

OVERALL CONDITION: Excellent

CASE: Very good good. Light surface scratches only, bezel has a very minor ding at 7 o' clock

DIAL: nice, clean and original

MOVEMENT: Ticking at the time of cataloguing. All the functions are working. However a service is recommended.

BRACELET: Good condition, surface scratches
Length: 145 mm. (5.7 inches) with 3 removable links

PLEASE NOTE:
This report has been prepared by Christie's specialists and is no substitute for physical examination by you and/or your advisors. Christie's specialists are not trained restorers and the report set forth above is not a comprehensive condition report prepared by a professional conservator. While we make certain observations on the work which we trust are helpful, we recommend you consult your own restorer for a more complete report. Prospective purchasers should bear in mind that this report will not disclose any imperfections which may only be revealed during the course of subsequent restoration. This report is provided to you as a courtesy and Christie's is not responsible for the accuracy or completeness of this report. Buyers are reminded that Christie's warranties with respect to property are limited as set forth in our Conditions of Sale and do not extend to condition.

Effective 7 February 2022
A buyer’s premium is payable by the successful buyer of an item at auction, based on the hammer price of each lot sold. The current buyer’s premium rates are an amount equal to 26% of the hammer price of each lot up to and including £700,000/US$1,000,000; plus 20% of the hammer price from £700,001/US$1,000,001 up to and including £4,500,000/US$6,000,000 and 14.5 per cent from £4,500,001/US$6,000,001.

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