Audemars Piguet Royal Oak Jumbo A-series

Last weekend a 1972 Audemars Piguet Royal Oak Jumbo A-series was sold at an Antiquorum auction in Hong Kong for HK$ 212,500.=.

AP Royal Oak Jumbo

HK$ 212,500.=! That’s more than € 19,000.= or US$ 27,290.=… And that’s 25% more than a new Audemars Piguet Royal Oak Jumbo 15202ST – virtually unchanged and still housing the same caliber 2121 – lists for nowadays. If you only could find one.

I’m a huge fan of the Royal Oak Jumbo overall, and don”t think that this price is heavily exaggerated. But what disturbed me a bit is that Antiquorum appraised this watch at only a third of the price which was finally hammered. They don’t seem to be very good in appraising, or is it just a cheap way to artificially attract those interested?

Have a look at the auction lot details here: Antiquorum lot 186

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One Response to Audemars Piguet Royal Oak Jumbo A-series

  1. anthony on June 27, 2011 at 17:41

    I think it’s a cheap way to get interest. & also the buyer’s fee tacked on guarantees an articifically low finish. I was seriously thinking of bidding. $10k for an A? Well, I’m glad I went to ride my bike instead.