The Audemars Piguet Royal Oak is a watch synonymous with luxury, prestige, and horological excellence. Since its debut in 1972, the Royal Oak has captivated collectors and enthusiasts alike, becoming an icon of the watchmaking world. Within the Royal Oak family, limited edition pieces, especially those commemorating significant events, often command exorbitant prices in the secondary market. This article delves into the pricing and desirability of the Audemars Piguet Royal Oak Selfwinding QEII Cup 2017, specifically reference number 15403IP.OO.1220IP.01, exploring the factors contributing to its value and providing a comprehensive overview of its features and specifications.
The initial listing price of the Audemars Piguet Royal Oak Selfwinding QEII Cup 2017, reference 15403IP.OO.1220IP.01, was substantial. While precise original retail prices can fluctuate depending on retailer and time of purchase, a commonly cited figure is around $61,675 USD. However, it's crucial to understand that this figure represents the price at the time of its release. The secondary market, where pre-owned luxury watches are bought and sold, tells a different story.
The current market value of a pre-owned Audemars Piguet Royal Oak Selfwinding QEII Cup 2017 (15403IP.OO.1220IP.01) significantly exceeds its original retail price. Several factors contribute to this price appreciation:
1. Limited Production: As a limited edition commemorating the prestigious QEII Cup horse race in 2017, the number of watches produced was strictly limited. This scarcity inherently increases demand and drives up prices. The smaller the production run, the higher the value tends to be amongst collectors. The precise production numbers for this specific reference aren't publicly available, adding to the mystery and allure for potential buyers. This lack of transparency also makes determining a precise current market value challenging, as prices are largely determined by supply and demand in the private market.
2. The Royal Oak's Legacy: The Audemars Piguet Royal Oak itself is a highly sought-after timepiece. Its iconic design, featuring the octagonal bezel and "Grande Tapisserie" dial, has cemented its place in horological history. Owning a Royal Oak is a statement of refined taste and appreciation for exceptional craftsmanship. The QEII Cup edition builds upon this legacy, adding a layer of exclusivity and historical significance.
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