AUDEMARS PIGUET | REF BA5548, A YELLOW GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH WITH MOON PHASES CIRCA 1981 | 愛彼 | BA5548型號黃金自動上鏈萬年曆腕錶備月相顯示，年份約1981

AUDEMARS PIGUET
愛彼

REF BA5548
A YELLOW GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH WITH MOON PHASES CIRCA 1981
BA5548型號黃金自動上鏈萬年曆腕錶備月相顯示，年份約1981

Dial: white
Caliber: cal. 2120QP automatic, 36 jewels
Movement number: 324582
Case: 18k yellow gold, snap-back
Case number: C61355
Closure: 18k yellow gold folding clasp
Size: diameter 36 mm
Signed: case, dial and movement
Accessories: Audemars Piguet travel box, Certificate of Origin, travel pouch, booklet, and setting pin

Condition Report:
Please note that this lot contains material(s) which have import or export restrictions. Please contact a member of the department for further information.

CASE
Case in good condition overall with wear, surface scuffing, and light scratches consistent with age and use. Some light patina throughout. The associated buckle is signed Cellini and is with equivalent wear and some heavier patina.
DIAL
Dial is very good condition. Some very faint surface marks under close observation under a loupe.
MOVEMENT
Calendar function phases - activated at the case bands.
The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement.

"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."