Reference

Audemars Piguet Royal Oak Grand Complication

Reference 25865BC · 18k White Gold

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About this reference

The Audemars Piguet Royal Oak Grand Complication reference 25865BC was produced primarily during the late 1990s and 2000s. This 44mm 18k white gold timepiece houses the caliber 2885, a self-winding movement composed of 648 parts. It integrates three traditional high complications: a minute repeater, a perpetual calendar, and a split-seconds chronograph. Collectors prioritize this reference for its technical density and the hand-finished nature of its movement, which includes a solid gold oscillating weight and a chime sequence struck on two gongs. The dial typically features a silvered "Grande Tapisserie" pattern with white gold applied hour markers. On the secondary market, this reference generally commands prices in the mid-to-high six-figure range, often between $450,000 and $700,000 depending on provenance. A notable production detail is that each unit required over 600 hours of assembly by a single master watchmaker at the brand’s Grandes Complications workshop.

Auction track record

1 documented sale since 2020. Top hammer $441,000 at Sotheby's New York in 2020. Median hammer: $441,000.

Ranks #23 of 63 Audemars Piguet auction lots we track — see all Audemars Piguet records.

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All documented hammer prices

For this reference (and close variants).

LotYearHammerVenue
25865BC.OO.1105BC.01 · Royal Oak Grand Complication 2020 $441,000 Sotheby's New York

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