Royal Oak, Reference 15127BA | A limited edition yellow gold bracelet watch with date and two-tone dial, Made in 2003 | 愛彼 | 皇家橡樹系列 型號15127BA | 限量版黃金鏈帶腕錶，備日期顯示，2003年製, Audemars Piguet

Audemars Piguet
Royal Oak, Reference 15127BA
A limited edition yellow gold bracelet watch with date and two-tone dial, Made in 2003
愛彼
皇家橡樹系列 型號15127BA
限量版黃金鏈帶腕錶，備日期顯示，2003年製

Dial: two-tone silvered
Calibre: cal. 2225 automatic, 36 jewels
Case: 18k yellow gold, sapphire crystal display back secured by 8 screws
Case number: E-87984
Closure: 18k yellow gold Audemars Piguet bracelet and folding clasp
Size: 36 mm diameter, bracelet circumference approximately 170 mm
Signed: case, dial and movement
Accessories: Audemars Piguet Extrait De Registre
附帶後補資料庫精粹

Condition Report:
The movement is in working condition at the time of cataloguing. The date function is working properly. The dial is in very good overall condition and with no signs of aging. The bezel with signs of wear specifically to the bevels. The band with very light signs of wear at places and more toward the left. The case back with light surface wear to the edges. The bracelet with very light signs of wear at place, otherwise it is in good condition while remaining tightly connected between the links.

Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band.

Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.

"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."