The Audemars Piguet Code 11.59 collection has, since its launch, generated significant discussion within the horological community. A departure from the brand's traditionally conservative aesthetic, the Code 11.59 line represents a bold attempt to appeal to a younger, more contemporary clientele. While its design has been met with mixed reactions, the technical prowess and intricate movements housed within these timepieces remain undeniable. This article will delve into the pricing of the Audemars Piguet Code 11.59 Selfwinding Flying Tourbillon Chronograph, exploring the factors that contribute to its substantial cost and comparing it to other pieces within the Audemars Piguet and broader luxury watch markets. We'll also examine the market value of pre-owned models and consider the investment potential of this highly sought-after timepiece.
The Price Point: $127,290 and Beyond
A listing price of $127,290 for the Audemars Piguet Code 11.59 Selfwinding Flying Tourbillon, reference number 26396BC.OO.D321CR.01 (in white gold), immediately establishes it as a high-end luxury watch. This price reflects not only the brand's prestige but also the significant craftsmanship and complex mechanics involved in its creation. Several factors contribute to this substantial cost:
* The Movement: The heart of this watch is the self-winding flying tourbillon chronograph movement. The tourbillon itself, a complication designed to counteract the effects of gravity on the timekeeping mechanism, is a testament to horological artistry. Its "flying" configuration, where the tourbillon cage is supported from only one side, adds to its visual appeal and complexity. The integration of a chronograph function further enhances the watch's functionality and elevates the manufacturing difficulty. Developing, producing, and meticulously assembling such a movement demands significant expertise, time, and resources.
* Materials and Craftsmanship: The case is crafted from 18-karat white gold, a precious metal known for its durability, lustrous appearance, and resistance to tarnishing. The meticulous finishing of the case, including polishing, brushing, and potentially hand-engraving, adds to the overall cost. The dial, often featuring intricate guilloché work or other decorative elements, requires skilled artisans to create. The assembly of the watch, a process involving numerous tiny components, demands exceptional precision and patience.
* Brand Recognition and Heritage: Audemars Piguet is one of the most prestigious watchmakers in the world, with a long and storied history of producing exceptional timepieces. The brand's reputation for quality, innovation, and exclusivity significantly influences the price of its watches. Owning an Audemars Piguet is not merely about telling time; it's a statement of refined taste and appreciation for fine craftsmanship. The Code 11.59 collection, despite its controversial design, benefits from this established prestige.
* Rarity and Exclusivity: The limited production runs of certain Code 11.59 models, including this flying tourbillon chronograph, further contribute to their value. The exclusivity inherent in owning a piece from a limited edition increases its desirability among collectors and enthusiasts, driving up the price.
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