Audemars Piguet

• cal. 2896 manual winding movement, 36 jewels, mono-metallic compensation balance rotating within a three-arm tourbillon carriage • semi-skeletonised dial, outer track with luminescent rectangular five-minute divisions, luminescent hands, tourbillon carriage visible at 9 o'clock, subsidiary seconds combined with crown function selector indication at 6 o'clock, torque indicating Dynamographe at 12 o'clock, vertical in-line power reserve indicator to right side of dial • oversized modified-Royal Oak polished alacrite and titanium case with curved profile, curved octagonal titanium bezel secured by eight screws, screwed down sapphire crystal display back • case, dial and movement signed • with a stainless steel Audemars Piguet folding clasp

The movement is running while cataloguing however it may require a service in the near future for it to be well preserved. The dial is in very good condition. The case shows signs of wear to the bezel with some slight scuffs. This is a rare and unusual version of the Royal Oak model. This watch is overall in good condition.
"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.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Audemars Piguet released the Royal Oak Concept CW1 watch in 2002 after many years of development with its subsidiary movement company Renaud & Papi to celebrate the 30th anniversary of the iconic Royal Oak model. Made in only 150 examples, this watch was available for three years from 2002 until 2004. The movement features several interesting Audemars Piguet developments including the Dynamographe or torque indicator and the vertical in-line power reserve. The unusual function selector allows the crown to wind the movement, set the time, or simply rest in a neutral position. This model is made of alacrite, an incredibly hard and durable cobalt and chrome alloy more than twice the strength of steel. Even with the massive case, the watch is surprisingly light (approx. 150 grams) which is a credit to the qualities of this space-age metal.