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Lot 151
  • 151

AUDEMARS PIGUET | RETAILED BY GUBELIN: A RARE GREEN GOLD AND ENAMEL HUNTING CASED MINUTE REPEATING PERPETUAL CALENDAR SPLIT SECONDS CHRONOGRAPH WATCH WITH MOVEMENT MADE IN 1908 SOLD IN 1922

Estimate
50,000 - 100,000 USD
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Description

  • Audemars Piguet
  • RETAILED BY GUBELIN: A RARE GREEN GOLD AND ENAMEL HUNTING CASED MINUTE REPEATING PERPETUAL CALENDAR SPLIT SECONDS CHRONOGRAPH WATCH WITH MOVEMENT MADE IN 1908 SOLD IN 1922
Dial: 14K gold with fantaisie black enamel numeralsCaliber: cal. 17SMCCRQS jeweled movementMovement number: 12548Case: 18k green gold, bezels and Murat style pendant with Greek key enamel patternCase number: 12548Size: diameter 50.5 mmSigned: case, dial and movement signed by maker and retailerAccessories: Audemars Piguet Extract from the Archives confirming the date of sale to Gübelin on November 27, 1922

Condition

CASE Case in overall good condition with light wear to the enamel. DIAL Dial in good condition with lights spotting and scratches. MOVEMENT The movement is to be serviced post sale at the expense of the department. Please contact department for more information. Please note that Sotheby's does not guarantee the future working of the movement.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."

Catalogue Note

Audemars Piguet confirms the completion of the movement in 1908, with further sale to Gübelin, Lucerne, in 1922 for 3,500 CHF.

The present lot represents the height of complicated horology combined with archetypal Art Deco design. It is particularly interesting to note the time in between the manufacturing of the movement and its subsequent completion and sale in 1922. For the first decade of the 20th century, Audemars Piguet largely prospered in business and received orders for highly complicated watches. The company grew exponentially and even secured larger workshop space in 1907. Devastating historical events like the Knickerbocker Crisis of 1907 and the fall of Tsar Nicholas II in 1917 shook the Swiss watchmaking industry with a rapid decline in sales. 

Audemars Piguet was an exceptionally resilient firm, supporting their rich heritage and high horology against all odds. Indeed, Audemars Piguet, Masterpieces of Classical Watchmaking (p.32) notes specifically that the fruits of their labor "started to appear in 1922," exactly the year the present lot was completed for sale to Gübelin, Lucerne.

 For similar open faced examples retailed by Gübelin, see Brunner, G., Pfeiffer-Belli, C. & Wehrli, M., Audemars Piguet, Masterpieces of Classical Watchmaking, 1993, p.31, 153-154.