CIRCA: 1978
CASE MATERIAL: Stainless steel
DIAMETER: 39 mm.
BRACELET: Integrated stainless steel
DIAL: Black Textured
MOVEMENT: Automatic
FUNCTIONS: Time and Date
CLASP: AP steel folding buckle with clasp

Conditions of Sale
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This lot is offered by Christie's Dubai Ltd.

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Lot Essay

Audemars Piguet introduced the Royal Oak in 1972 and it was a game-changer for the luxury watch industry. Based upon a design by Gerald Genta, the Royal Oak was the first luxury steel watch with integrated bracelet. Priced at a level above gold watches, it was a polarising watch and it was unknown whether it would be a success.
However, the watch quickly gained popularity and the first 2,000 in the "A-Series" sold out. Audemars Piguet then made additional watches in the "B-Series" and "C-Series", with all being numbered on the case back. This particular example comes from the "C-Series", but features a service dial with "AP" located at 12 o'clock. On the A and B series, the AP logo was placed at the bottom, above the 6 o' clock position.

An icon of watch design, the original Royal Oak reference 5402ST continues to gain popularity with collectors. This example is notable for its original condition and the fact it has the same dial as found on the original A-Series Royal Oaks

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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: Good

CASE: Has been refreshed at the hands of a professional, in very attractive condition.

DIAL: Service dial has some age spots. Luminous plots on the dial and hands react briefly to UV light

MOVEMENT: Ticking at the time of cataloguing. However, a service is recommended.

BRACELET/ CLASP: Refreshed bracelet and clasp, there is a visible gap between the links. Length: 125 mm. 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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