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Audemars Piguet. A very fine and extremely rare 18K gold Monaco Cent Francs Coin watch with green gold dial and Breguet numerals, original Asprey box
Audemars Piguet. A very fine and extremely rare 18K gold Monaco Cent Francs Coin watch with green gold dial and Breguet numerals, original Asprey box
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This lot is offered without reserve. On lots marke… Read more AUDEMARS PIGUETMonaco Gold Coin Watch Retailed by AspreyThe Property of a Lady
Audemars Piguet. A very fine and extremely rare 18K gold Monaco Cent Francs Coin watch with green gold dial and Breguet numerals, original Asprey box

SIGNED AUDEMARS PIGUET & CO., GENEVA, RETAILED BY ASPREY (LONDON), NO. 43889, SOLD IN 1938

Details
Audemars Piguet. A very fine and extremely rare 18K gold Monaco Cent Francs Coin watch with green gold dial and Breguet numerals, original Asprey box
Signed Audemars Piguet & Co., Geneva, retailed by Asprey (London), no. 43889, sold in 1938
Movement: cal. 10’’’, manual, 18 jewels, signed
Dial: matte green gold, Breguet numerals, signed by maker and retailer
Case: snap on back, all hinged within the gold Monaco Cent Francs coin dated 1896, the arms of the Royal House of Monaco with Deo Juvante motto above, the reverse with profile portrait inscribed on the border Albert I, Prince de Monaco, hinged cover opened by depressing a concealed thumbpiece in the band, inside back of coin numbered, 35 mm. diam.
With: original royal blue silk and velvet lined leather covered circular Asprey box, gold-stamped “P.R.F. from D.W.H.”
Special Notice

This lot is offered without reserve.
On lots marked with an + in the catalogue, VAT will be charged at 7.7% on both the premium as well as the hammer price.

Condition Report

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Lot Essay

Entirely fresh to the market, this is perhaps the ultimate Audemars Piguet coin watch. It is distinguished not only by its excellent overall condition and the rare retailer signature Asprey, but also its archive-confirmed green gold double-signed dial.

According to the Archives of Audemars Piguet, the commissioning client provided the gold 100 Francs Monaco coin to be used to make the watch and it was sold in 1938 to Golay & Son in London. The Archives also confirm the “dial in old green gold with Breguet numbers signed Audemars Piguet, Geneva and Asprey, blued steel Breguet hands”. It is noteworthy that rarely seen green gold is used for the dial. Green gold is very subtly nuanced and actually appears as greenish-yellow rather than green. Green gold was known as long ago as 860 BC under the name electrum, a naturally occurring alloy of silver and gold.

It is quite probable that this coin watch is unique in being an Audemars Piguet watch set into a gold coin of the Principality of Monaco. It is also an early example of the genre. Indeed, to the best of our knowledge no other examples are known publically. Furthermore, it was retailed by the prestigious London firm of Asprey, of the small number of coin watches made by Audemars Piguet, very few display retailer signatures.

The Cent Francs gold coin of Albert I, Prince of Monaco, was produced between 1891-1904. It was engraved by Louis-Oscar Roty (1846–1911), one of the most celebrated medallists of the Art Nouveau period.

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