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Top 10 Most Expensive Audemars Piguet Watches Ever Sold

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Top 10 Most Expensive Audemars Piguet Watches Ever Sold

Audemars Piguet has established a distinguished presence in the luxury watch industry, especially with its iconic Royal Oak collection

The price range of the most exclusive Audemars Piguet watches spans remarkably, starting at S$136K for the Audemars Piguet Royal Oak Offshore Michael Schumacher model, and extending up to S$1.9M for the Audemars Piguet Royal Oak Offshore Grande Complication ref. 26582CB.OO.A010CA.01. 

This spectrum highlights the significant investment in luxury and craftsmanship that Audemars Piguet represents.

Discover Audemars Piguet’s rich heritage, craftsmanship, iconic collections, and investment potential, including a remarkable model that fetched a staggering S$6.9 million at auction!

The History and Craftsmanship of Audemars Piguet

Audemars Piguet is a Swiss watchmaking brand renowned for its continual innovation and meticulous craftsmanship. It was formed in 1875 by watchmakers Jules-Louis Audemars and Edward-Auguste Piguet, who merged their last names to create the brand’s name.

Interestingly, brands like Vacheron Constantin and Patek Philippe have also used the ingenious two-name combination for their brands. And it worked like a charm.

Here’s a timeline of significant events in AP’s history:

  • 1875: Foundation of the brand in Le Brassus- a village in Vallée de Joux, Switzerland.
  • 1881: The official formation of Audemars Piguet & Cie.
  • 1972: The iconic Royal Oak—the first luxury sports watch made of stainless steel- was introduced, revolutionizing the watch industry.
  • 1993: Launch of the Royal Oak Offshore, a larger version of the original, catering to evolving tastes.

The brand has preserved the spirit of innovation that marked its inception. It forged a legacy of complexity and precision by mastering complex mechanisms, such as the first minute repeating movement in 1892.

Manually finished parts and assemblies characterize craftsmanship at Audemars Piguet. The intricate skeletonization of watch mechanisms, a process that enhances visual allure and engineering brilliance, is meticulously executed. The resulting timepieces embody a blend of heritage and forward-thinking design.

Its expertise in ultra-thin calibers is unmatched, with the Caliber 2120, launched in 1967, standing as one of the thinnest in the world. Staying true to its heritage, the company still operates from its original Le Brassus location, where it continues to push the boundaries of horological artistry.

Top 10 Most Expensive AP Watches

Audemars Piguet epitomizes horological artistry with timepieces that reflect technical mastery and luxury. Its lineage of intricate design and craftsmanship is exemplified in its most exclusive watches, as detailed below:

1. Audemars Piguet Royal Oak Grande Complication ref. 26065OR.OO.D088CR.01 – S$676,645

Audemars Piguet Royal Oak Grande Complication

The Audemars Piguet Royal Oak Grande Complication ref. 26065OR.OO.D088CR.01 is a rare luxury men’s dress watch. It’s crafted from exquisite rose gold and sporting a skeleton dial that reveals the complex inner workings, encapsulating the essence of luxury watchmaking.

Some of its best features that warrant its hefty price tag are world time, minute repeater, split-second chronograph, and perpetual calendar complications. It sold for S$676,645 to support the missions of One Drop and the Prince Albert II of Monaco Foundation.

2. Audemars Piguet Jules Grande Complication ref. 25996PT.OO.D002CR.01 – S$1,047,596

Audemars Piguet Jules Grande Complication

The Audemars Piguet Jules Grande Complication ref. 25996PT.OO.D002CR.01 is a luxury gentlemen’s dress watch. It boasts an openworked sapphire dial and is housed in an elegant 904L Platinum case, echoing AP’s commitment to aesthetic beauty and functionality.

These, plus its complications, exclusivity, and sapphire caseback make it one of the most expensive watches in AP’s catalog. Although it retails at S$1,047,596, it can sell for higher if sold in mint condition.

3. Audemars Piguet Royal Oak Offshore Grande Complication ref. 26582CB.OO.A010CA.01 – S$1,913,933

Audemars Piguet Royal Oak Offshore Grande Complication

Introduced in 2018, the Royal Oak Offshore Grande Complication ref. 26582CB.OO.A010CA.01 is a sporty luxury men’s watch. It blends white ceramic with a transparent sapphire dial, setting it apart as a modern, sophisticated option.

Additionally, it flaunts a white ceramic octagonal bezel with eight hexagonal Titanium screws, a white rubber strap, and a silver-tone inner bezel that contribute to its high price.

4. Audemars Piguet Haute Joaillerie – White Gold With Diamonds ref. 67705BC.ZS.9192BC.01 – S$1,340,519

Audemars Piguet Haute Joaillerie

A marvel of high jewelry, the Audemars Piguet Haute Joaillerie ref. 67705BC.ZS.9192BC.01 is a luxury women’s dress watch. It dazzles with a white gold casing encrusted with an array of diamonds, matched with the subtlety of a white mother-of-pearl dial. 

Its unconventional yet captivating design, high-quality materials, and rarity contribute to its well-deserved eye-watering price tag.

5. Audemars Piguet Royal Oak Concept Supersonnerie ref. 26577TI.OO.D002CA.01 – S$535,344

Audemars Piguet Royal Oak Concept Supersonnerie

The Audemars Piguet Royal Oak Concept Supersonnerie ref. 26577TI.OO.D002CA.01 is a luxury men’s sports watch. It has an avant-garde titanium case that’s complemented by a black openworked dial for the ultimate masculine vibe.

With mouth-watering features such as an extra loud minute repeater, a 30-minute chronograph with a retrograde indicator at 3 o’clock, and a tourbillon at 6 o’clock, plus attention to detail and premium materials, it’s no wonder it retails for S$535,344.

6. Audemars Piguet Royal Oak Concept “Black Panther” Flying Tourbillon ref. 26620IO.OO.D077CA.01 – S$227,607 (sold for S$6.9 million at auction)

Audemars Piguet Royal Oak Concept "Black Panther" Flying Tourbillon

The Audemars Piguet Royal Oak Concept “Black Panther” ref. 26620IO.OO.D077CA.01 is the result of a collaboration between AP and Marvel Entertainment. 

It has a hefty price tag for its connection to the agile superhero (Black Panther), limited edition status, and innovative flying tourbillon movement. A unique one-off version with a white gold case and a bezel with a Black Panther motif sold for an impressive S$6.9 million at auction.

7. Audemars Piguet Royal Oak Perpetual Calendar ref. 26574PT.OO.1220PT.01 – S$326,716

Audemars Piguet Royal Oak Perpetual Calendar

Elegant and precise, the Royal Oak Perpetual Calendar ref. 26574PT.OO.1220PT.01 is a limited edition luxury men’s watch. It showcases a handsome blue dial meticulously encased in a well-brushed Platinum case. Besides its rugged design, it has a perpetual calendar complication that tracks weeks, a moon phase indicator, and a super accurate movement with a 40-hour power reserve, earning it its S$326,716 price tag.

8. Audemars Piguet Code 11.59 Tourbillon ref. 26600CR.OO.D009KB.01 – S$287,431

Audemars Piguet Code 11.59 Tourbillon

This horological masterpiece is part of AP’s Code 11.59 collection, released in 2019. It’s a manifestation of sophisticated design, offering a modern, more daring take on the classic’s round case design choice.

It has various features that contribute to its price point, such as a two-tone case (white gold and pink gold) with skeletonized lugs, a skeletonized movement, and a dressy slate gray and rubber-coated strap.

9. Audemars Piguet Royal Oak Offshore Michael Schumacher ref. 26568OM.OO.A004CA.01 – S$136,392

Audemars Piguet Royal Oak Offshore Michael Schumacher

Celebrating the racing career of former Formula 1 driver Michael Schumacher, this limited edition Royal Oak Offshore is among the more affordable pieces characterized by a robust rose gold body and a sporty gray dial.

It enjoys AP’s special treatment, evident from its ceramic bezel, chronograph function, and anthracite gray outer tachymeter scale. Its limited edition status and association with a celebrated sportsman play a part in its pricing.

10. Audemars Piguet Royal Oak Jumbo Only Watch 2021 ref. 15202XT.GG.1240XT.99 – S$485,703

Audemars Piguet Royal Oak Jumbo Only Watch 2021

Crafted for a noble cause, the Royal Oak’ Jumbo’ Extra-Thin Only Watch 2021 is a unique member of AP Royal Oak’s 15202 family, and it’s not just for its petite figure. It features a lightweight sandblasted titanium case, a subtle dark gray dial with a ‘Petite Tapisserie’ pattern, and a titanium bracelet with a sandblasted finish on the top side and satin-brushing underneath, with polished bulk metallic glass studs. It sold for a whopping S$4,704,988 at a Christie’s auction.

Other Pre-Owned AP Watches Available Now

Discover a selection of mint condition Audemars Piguet timepieces at Watch Exchange. Explore iconic Royal Oak and Royal Oak Offshore models from hefty price tags to relatively affordable options.

Comparison Table

The following table highlights the most expensive Audemars Piguet watches above, comparing their retail and resale value prices:

ModelRetail PriceResale Value Price
AP Royal Oak Grande Complication ref. 26065OR.OO.D088CR.01S$571,681S$676,645
AP Jules Grande Complication ref. 25996PT.OO.D002CR.01S$1,047,596S$2,231,450
AP Royal Oak Offshore Grande Complication ref. 26582CB.OO.A010CA.01S$1,913,933S$3,144,678
AP Haute Joaillerie ref. 67705BC.ZS.9192BC.01S$1,340,519S$1,888,765
AP Royal Oak Concept Supersonnerie ref. 26577TI.OO.D002CA.01S$535,344S$714,650
AP Royal Oak Concept ‘‘Black Panther’’ Flying Tourbillon ref. 26620IO.OO.D077CA.01S$227,607S$6.9 million
AP Royal Oak Perpetual Calendar ref. 26574PT.OO.1220PT.01S$326,716S$518,987
AP Code 11.59 Tourbillon ref. 26600CR.OO.D009KB.01S$287,431S$414,400
AP Royal Oak Offshore Michael Schumacher ref. 26568OM.OO.A004CA.01S$136,392S$225,123
AP Royal Oak Jumbo Only Watch 2021 ref. 15202XT.GG.1240XT.99S$485,703S$4,704,988

Note: The watches’ resale value price can be higher or lower than the stated figures depending on the seller, their condition, rarity, and demand.

How to Acquire an Audemars Piguet of Your Own

As a prospective buyer interested in acquiring an Audemars Piguet watch, you should approach the process with diligence and an understanding of the high-end watch market. 

Here are essential tips on how to go about adding an Audemars Piguet to your collection:


  • Always authenticate the timepiece.
  • Confirm the reference number and ensure it matches the watch’s model.
  • Check for original documentation and purchase receipts.

Purchasing Channels:

When looking to purchase an Audemars Piguet watch, you have a few options, each with its own set of advantages and considerations. It’s important to weigh these options carefully to ensure authenticity, quality, and value retention of your investment.

Authorized Dealers


  • Authenticity Guaranteed: Buying from an authorized dealer or directly from Audemars Piguet boutiques ensures the watch is genuine.
  • Warranty: Watches purchased here come with a manufacturer’s warranty, which is a significant advantage for maintenance and repairs.
  • After-Sales Service: Authorized dealers provide excellent after-sales service, including servicing and repairs by trained professionals.
  • Brand Experience: Purchasing from a boutique offers an immersive brand experience, allowing customers to explore a wide range of models and learn about the brand’s heritage and craftsmanship.


  • Price: Prices at authorized dealers are non-negotiable, and you’re unlikely to find discounts on new models.

Gray Market Dealers


  • Potential Discounts: Gray market dealers often offer watches at lower prices than authorized dealers, as they may not adhere to the brand’s pricing policies.
  • Availability: They can be a source for discontinued or hard-to-find models.


  • Manufacturer Warranty: Watches bought on the gray market usually do not have a manufacturer’s warranty. Some gray market dealers, such as Watch Exchange, offer their warranties.

Price Consideration:

  • Entry level for a Royal Oak model starts at around S$22,746.
  • The Offshore and Code 11.59 are more premium, with starting prices of S$38,802 and S$45,492, respectively.


  • Regular servicing is crucial to maintain the watch’s performance and value.
  • Use only certified services for maintenance and repairs.


1. Is AP more luxurious than Rolex?

Audemars Piguet is generally considered to be on par with Rolex in terms of prestige. Both brands have a rich heritage and are revered in the world of luxury watches. AP watches are known for their distinctive designs and complex mechanics, whereas Rolex has a reputation for iconic, timeless styles and robustness.

2. Is AP more expensive than Patek Philippe?

Audemars Piguet and Patek Philippe cater to a similar market of high-end watch collectors, and their pricing can be quite comparable. However, Patek Philippe often reaches higher price points in the auction market due to its rare collections and limited-edition pieces.

3. What is the most sought-after AP watch?

The Audemars Piguet Royal Oak is one of AP’s most iconic and sought-after watch collections. Its octagonal bezel, integrated bracelet, and the “Tapisserie” pattern on the dial contribute to its high demand.

4. Which is more expensive, Richard Mille or Audemars Piguet?

Richard Mille watches tend to be more expensive than Audemars Piguet. Richard Mille is known for producing highly technical and innovative timepieces in limited quantities, which commands higher prices. However, AP has its share of high-value watches, like the Royal Oak Complication, which can also reach significant price points.


Audemars Piguet watches stand as paragons of horological excellence, their worth reflected in the intricate craftsmanship and exceptional materials used in each timepiece. They are not just timepieces but investments in artistry and engineering.

Key Takeaways

  • The most expensive Audemars Piguet models, such as the Royal Oak Offshore Grande Complication in white gold ceramic, can carry price tags of approximately S$1,913,933, indicating a robust market demand and potential appreciative value over time.
  • The distinctive octagonal shape of the Royal Oak is emblematic of Audemars Piguet’s pioneering spirit in design, leaving a lasting impact on the luxury watchmaking industry.
  • The value of an Audemars Piguet timepiece is also in its complexity. With intricate movements and rare materials, the effort and skill involved in creating these watches are significant and thus command high prices in the watch community.

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