The Audemars Piguet Code 11.59 Ultra-Complication Universelle RD#4 won the Grand Prize at the 2023 Grand Prix D’Horlogerie de Geneva (GPHG). Click here to see details and imagesof all the winning watches.
Here’s the full 2023 Prize List “Aiguille d’Or” Grand Prix: Audemars Piguet, Code 11.59 by Audemars Piguet Ultra-Complication Universelle RD#4
Innovation Prize: Hautlence, Sphere Series 1 Audacity Prize: Maison Alcée, Persée Azur Chronometry Prize: Ferdinand Berthoud, Chronomètre FB 3SPC “Horological Revelation” Prize: Simon Brette, Chronomètre Artisans Ladies’ Watch Prize: Piaget, Hidden Treasures Ladies’ Complication Watch Prize: Dior Montres, Grand Soir Automate Etoile de Monsieur Dior Men’s Complication Watch Prize: Voutilainen, World Timer Iconic Watch Prize: Ulysse Nardin, Freak One Tourbillon Watch Prize: Laurent Ferrier, Grand Sport Tourbillon Pursuit Calendar and Astronomy Watch Prize: Bovet 1822, Récital 20 Astérium Chronograph Watch Prize: Petermann Bédat, Chronographe rattrapante Sports Watch Prize: Tudor, Pelagos 39 Jewellery Watch Prize: Bulgari, Serpenti Cleopatra Artistic Crafts Watch Prize: Piaget, Altiplano Métiers d’Art – Undulata “Petite Aiguille” Prize: Christopher Ward London, C1 Bel Canto Challenge Watch Prize: Raymond Weil, Millésime automatic small seconds Mechanical Clock Prize: L’Epée 1839, Time Fast II Chrome Special Jury Prize: Svend Andersen and Vincent Calabrese
Roger Smith’s Pocket Watch Number Two sold for $4.9 million during the Phillips New York Watch Auction Eight held June 10 and June 11, setting a new record for any British timepiece while marking the fourth highest price ever achieved for a pocket watch at auction.
The English watchmaker worked for five years to create the watch by hand in order to win the approval of the late George Daniels and secure an apprenticeship in Daniels’ legendary workshop on the Isle of Man.
As Phillips explains “With Pocket Watch Number One rejected by Daniels, it was the perfection of this timepiece – Pocket Watch Number Two – that led Daniels to proclaim to Smith, “You are now a watchmaker.”
In addition to the Roger Smith sale, two Patek Philippe watches sold for more than $1 million, including the Ref. 2481 Pristine Forest (which sold for $1.1 million) as well as the Philippe Dufour Simplicity 37, which sold for $863,600.
An Audemars Piguet Grande Complication pocket watch in platinum, completed in 2011, sold for $635,000, more than ten times its low estimate.
Watches from Zenith also did well, including a tropical A384 El Primero which sold well past its $6,000-$12,000 estimate to $50,800, setting a new record for a vintage El Primero model. Zenith’s Chronomaster Original Pink “Unique Piece” for Susan G. Komen” sold for $30,480, of which 100% of proceeds, including Buyer’s Premium, will be donated to the breast cancer organization.
The auction realized total sales of $26.4 million, selling 100% by lot and 100% by value. See the Phillips website for full results and details.
Among the varied and impressive 2023 debuts from Audemars Piguet, seen earlier this year, six new references stood apart for their use of more traditional material: steel. For the first time since 2019 when Audemars Piguet debuted its much-discussed Code 11.59 collection, the manufacture is casing six examples of the series in steel.
Four of the new models are cased entirely in steel while the other two feature a combination of a black ceramic case middle with a steel bezel, lugs and case back.
Three are chronographs and three are time-only models with date, and all display a new dial technique and pattern that Audemars Piguet has created especially for this collection.
Four of the six models (with blue and green dials) are made entirely from stainless steel while the two beige-dial examples combine steel and black ceramic.
As noted, Audemars Piguet developed new dials for these debuts, and they are stunning. The stamped dial exhibits a pattern made up of concentric circles in a rippling pattern that emanates from the dial center.
The chronograph especially creates contrasting textures and hues within the sundials while the beige models exhibit a terrific gradation that becomes completely black towards the outer edge.
Developed by Audemars Piguet in collaboration with Swiss guilloché craftsman Yann von Kaenel, the dial pattern is slated to become a new signature design within Code 11:59. Look for the dial on future gold-cased and complicated watches within the collection.
Also new are the elongated hour-markers, replacing the Arabic numerals we’ve seen on Code 11:59 since its debut. The markers and hands are white gold that has been flattened, faceted, polished and then coated with SuperLuminova.
Audemars Piguet has also thinned the bezel on the new series. In addition, while earlier Code 11.59 models featured markers every five minutes, this new version offers a more detailed seconds scale. The watchmaker has made the crown more rounded and with shallower indentations than on previous models. (The crown on the steel models are steel while the crown on the beige-dialed models are black ceramic.)
Audemars Piguet fits its Caliber 4302 with a seconds and date indication into the time-only models while the Caliber 4401 integrated automatic chronograph movement with a column wheel and flyback function powers the chronograph.Each watch display the movement via a sapphire caseback, exposing a superbly decorated caliber with a brand new 22-karat pink gold openworked oscillating weight.
Audemars Piguet pairs each watch with a matching rubber strap decorated with a textile pattern and lined with calf leather.
Prices: Blue and Green dials: $35,000 (chronograph) and $25,300 (time, date).
Beige dial with black ceramic case center: $37,400 (chronograph) and $27,800 (time, date).
Zurich-based Ineichen Auctioneers will help Audemars Piguet celebrate five decades of Royal Oak designs with Royal 50, a dedicated auction to mark the anniversary.
The auction, which is scheduled to place in Zurich and online on May 28, will also mark the first time a major watch auction house will drop the buyer’s premium and register its shares on the Blockchain.
The Audemars Piguet Royal Oak was among the first high-end sports watches made with a steel case. And, presaging the upcoming auction, a Royal Oak was also the first collectible watch that Ineichen CEO Artemy Lechbinskiy added to his own collection.
The Ineichen auction joins other 50th anniversary celebrations underway in auction houses and exhibitions across the globe. For example, the Royal Oak design is the subject of an exhibition at Harrods in London while Audemars Piguet itself is debuting a 39mm steel Extra-Thin 50th anniversary Royal Oak with a flying tourbillon, with a 37mm version set for release in late 2022.
Here are the top lots listed for the Royal 50 auction, slated for May 28.
Audemars Piguet Royal Oak Selfwinding Flying Tourbillon Premier Limited Edition Ref. 26530ST (Estimate: CHF 400,000 – 450,000)
This model boasts Audemars Piguet’s signature Tapisserie design transformed into a sunburst pattern (called Evolutive). More of the sunburst pattern can be revealed behind the sapphire caseback. From the back you’ll see a beautifully finished in-house Caliber 2950 with 65 hours of power reserve and Geneva stripes, emulating the pattern on the dial. This stainless steel version comes with a smoked blue gradient dial design.
Audemars Piguet Royal Oak Minute Repeater Supersonnerie Premier Limited Edition Ref. 26591TI (Estimate: CHF 350,000 – 400,000)
This model, called Supersonnerie, produces loud and clear sound and is a result of eight years of research. Unlike most others repeaters, the Supersonnerie’s gongs are attached to a titanium membrane on the back of the movement. This membrane acts the same way as guitar’s soundboard, dramatically amplifying the sound and providing it with the most clear, pleasing tone. Apertures in the caseback allow the sound to escape freely.
The 42mm case crafted from grade 5 titanium is complemented with a titanium bracelet. Inside lies in-house Caliber 2953, a hand-wound movement made of 362 parts and beating at 3Hz. Made as a five-piece limited edition with a smoked blue Grande Tapisserie dial, the watch is among the most collectible minute repeaters.
Audemars Piguet Royal Oak Tourbillon Automatic Ref. 25902PT.OO.1110PT.01 (above) Estimate: (CHF 350,000 – 400,000)
Launched in 1999, only ten pieces were produced. Inside is the automatic tourbillon caliber 2875SQ, which was seldom used in the Audemars Piguet collection. Now discontinued, this artistic skeleton execution appears only in this reference. The 41mm case is made of platinum 950.
A transparent dial showcases the chiseled and engraved skeletonized caliber 2875SQ. The power reserve is up to 54 hours and visible via the sub-dial at 9 o’clock. Hours and minutes are indicated with an off-center main dial. The flying tourbillon is at 6 o’clock, and the date sub-dial at 3 o’clock.
Audemars Piguet Royal Oak Open-worked ‘Rose Gold Jumbo’ Ref. 15204OR.OO.1240OR.01, above. (Estimate: CHF 150,000 – 200,000)
This open-worked mechanical watch features outstanding technical and decorative characteristics of the skeletonized caliber 5122, one of the best traditionally skeletonized self-winding movements with art-deco aesthetics.
Launched in 2014, this rose gold 39mm watch features a skeleton dial with a peripheral chapter ring, rose gold hour and minute hands, and a luminous, sapphire caseback. The ultra-thin, self-winding, open-worked 22k gold oscillating weight displays the logo and Tapisserie motif on the rim.
Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘All-Rose Gold’ Ref. 25829OR.OO.0944OR.01 (above) (Estimate: CHF 200,000 – 250,000)
A refined open-worked perpetual calendar wristwatch in rose gold; this Royal Oak perpetual calendar watch communicates a certain era in the development of the Royal Oak collection – from 1997 to 2014. At this point, the dial incorporated the classic leap year indicator, but was still without the central hand to indicate the week of the year.
The latter is a customary feature of modern models cloned from caliber 2120/2800. The transparent dial with blackened-gold, leaf-shaped hour and minute hands on Royal Oak models is also rare, as is the all-rose-gold execution of the watch. The piece is no longer in production. It was succeeded in 2015 by the latest generation of 41mm perpetual calendars, featuring the number of the week indication via a special pointed hand.
Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘The First Generation’ Ref. 25636BA.OO.0344BA.01 (Estimate: CHF 200,000 – 250,000)
The first open-worked perpetual calendar in the Royal Oak collection, produced from 1983 to 1993. At this stage in the development of the Royal Oak perpetual calendar the classic leap year indicator was absent from the dial. Ref. 25636BA is seldom seen on auction. The number of pieces produced was limited, with production discontinued in 1993. The case of this wristwatch is 18k yellow gold. It has a diameter of 39mm, and thickness of 8.3mm. The early Royal Oak Perpetual Calendar “stick” hands are noteworthy on the transparent sapphire (or skeleton) dial.
Audemars Piguet Royal Oak Perpetual Calendar Open-worked ‘Platinum Edition’ Ref. 25829PT.OO.0944PT.01, above. (Estimate: CHF 200,000 – 250,000)
This platinum Ref. 25829PT is another rarity. It features a rare full-platinum case, bezel and bracelet. A collector’s item from the 1997 to 2014 era, its dial features the classic leap year indicator sans central hand for the week of the year. The transparent dial with leaf- shaped hands, which is unique to the Royal Oak collection, as well as the ultra-rare platinum execution makes it a priority for collectors.
The case in platinum 950, with a 39mm diameter, 9.3mm thickness, and transparent sapphire (skeleton) dial encloses the caliber 2120/2800SQ, and a self-winding, open-worked rotor with ultra-thin inertial segment in 21k yellow gold. The power reserve is up to 40 hours. This piece is mounted on a platinum Royal Oak bracelet with Audemars Piguet platinum double folding clasp.
Months after Audemars Piguet opened its sprawling Manufacture des Saignoles in Le Locle, which now hosts the workshops of Audemars Piguet Le Locle – previously known as Renaud & Papi – Audemars Piguet has just laid the first stone of its new building, named the Arc, adjacent to its existing facility in Le Brassus.
The Arc, designed by De Giuli & Portier Architects, will measure a full 17,000 square meters divided between three floors and a basement where the technical rooms are located.
In addition, the Arc will be connected to the current Manufacture des Forges. These two buildings will essentially combine all of Audemars Piguet’s industrial sites, which are currently spread across the Vallée de Joux. The courtyard situated between the Arc and the Manufacture des Forges will be converted into a garden.
Construction work for the Arc started in the spring of 2021 and is planned to finish in 2025. The building allows long-term flexibility thanks to its modular layout and anticipates the company’s future needs. The two buildings also highlight the brand’s dedication to and respect for their environment.
The project has been developed from an ecological standpoint and incorporates a partial land use plan. A green roof will recreate an ideal biotope for insects and birds, while offering a panoramic view from of the Vallée de Joux’s meadows. The project will also benefit from a cutting-edge energy management plan. In addition to using industrial waste heat, the Arc will be connected to the remote fossil-free wood-based heating system, Le Brassus Bois, situated next to the train station. Photovoltaic panels will provide the Manufacture with an additional source of renewable energy.