Audemars Piguet Royal Oak Chronograph 26240ST.00.1320St.04
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At The Second Hand Club, we are proud to have this Audemars Piguet Royal Oak Chronograph, 50th anniversary edition, reference 26240ST with a green dial.
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About the brand
In 1875, Jules-Louis Audemars (1851-1918), in order to cope with orders for luxury calibers emanating from the great watchmaking houses in Geneva, became officially associated with his childhood friend, Edward-Auguste Piguet (1853-1919). He handled the technical management of the small company, while his associate took charge of sales and marketing aspects, traveling through many towns and subsequently continents to establish direct contact with connoisseurs.
The company prospered and developed, coming through World War I and the Great Depression without being unduly affected, thanks to the production of ladies wristwatches and ultra-thin models. When World War II ended, the Manufacture reorganized to create a more accessible line of watches. The repercussions of the watchmaking crisis in the 1970s were scarcely felt by the company, mainly because in 1972 it made the daring choice to launch the worlds first high-end sports watch in steel: the Royal Oak. The Manufacture currently employs a staff of 500 worldwide and is starting the new millennium on a resolutely confident note.
The first wristwatch with tourbillon and mechanical winding, the smallest self-winding watch with perpetual calendar, the Dual Time, the Ladies Minute Repeater Chiming watch… throughout its history, the Manufacture has introduced a succession of landmark records and world firsts. Driven by this same conquering spirit, it is still producing the worlds thinnest and most complex calibers.
Within its collections, Audemars Piguet offers the worlds broadest range of watch complications, along with prestigious Haute Joaillerie creations. Its experience in the field of complex watches makes it a standard of reference in the highly select circle of Haute Horlogerie companies.
While collectors have always been acquainted with Audemars Piguet, it has become more familiar to the general public since 1972, the date of the creation of the famous Royal Oak which revolutionized the aesthetics of luxury watches.
Alongside this prestigious line are a series of collections that are classic like Jules Audemars, astonishing like the Millenary or ultra-feminine such as the Deva or the Promesse
About the royal oak
The year was 1972 and Swiss watchmaker, Audemars Piguet needed an absolute game-changer in order to survive. In the early 1970s, the quartz watch movement was introduced by Seiko with the first quartz movement watch, the Astron. A quartz movement is battery powered and is considered a more practical, accurate, and cheaper way of keeping time versus the luxurious mechanical craftsmanship found in most Swiss watches. Following the introduction of the Quartz movement, most of the Swiss watchmakers referred to this period as “The Quartz Crisis” due to the threat of the emerging market for lower-priced watches. The quartz movement largely replaced mechanical watches around the world and pushed a lot of the Swiss Watchmaking industry to the wayside. Resulting in a majority of the word’s watch manufacturing shifting from Swiss to Asian companies such as Seiko, Citizen, and Casio who favored the new quartz technology with much lower retail prices.
Audemars Piguet was one of the many Luxury Swiss watchmakers that needed to adapt to the fast-changing market. Without a new and innovative design, Audemars Piguet knew that financial collapse would be inevitable.
In 1971, on the eve of The Swiss Watch Show (now called Bazel World) Audemars Piguet sought out the design help from Geneva-born, Gerald Genta. Genta was born in 1931 and had established himself as a master watch designer with his previous work with Universal Genève, Omega, and Patek Phillipe. With less than a day’s notice, Genta went to work. After an all-nighter, Genta delivered AP their newest design for an all-steel sports watch. Thus the specs for the Royal Oak were born. Taking inspiration from a deep-sea diving helmet, the design by Genta featured a 39 MM case, exposed screws on the bezel with an octagonal case shape, and a full steel integrated bracelet. Considering that the design was mainly inspired by a diver’s helmet, AP decided that the watch’s name should also be in line with its nautical theme- the name Royal Oak was derived from a series of 8 vessels (Octagonal watch face) made of hollowed-out Oak trees apart of Britain’s Royal Navy in 1651.
By Bazel World 1972, the Royal Oak was finally ready to unveil to the public. Priced at 3300 Swiss Francs ($3377 USD), the initial reception for the Royal Oak wasn’t what Audemars Piguet had hoped. In the midst of the “Quartz crisis,” many critics speculated that AP would be “bankrupt within a few months,” but obviously that wasn’t the case. AP moved 1,000 units in the first year despite criticisms that the watch was too expensive considering at the time it was triple the price of a Rolex Submariner. The Royal Oak redefined what some refer to as “Haute Horology,” which bases a watch’s price on more than just precious metal, but the sheer design complexity, interior movements, and finishings. In part, the Royal Oak helped redefine the luxury watch market at a time of crisis for many Swiss watchmakers.
Following the initial release of the Royal Oak in 1972, Audemars Piguet introduced variations of the new concept in various different metals, leather & rubber strap options, and advanced movements and complications. To celebrate the 20 year anniversary of the Royal Oak, AP hired Emmanuel Gueit to design an updated model that paid homage to the Royal Oak’s design ethos. The new model that Gueit came up with would eventually be called the Offshore. AP describes the Offshore as “an ever more sporty, masculine and powerful take on the iconic Royal Oak and its aesthetic codes.” The Offshore was introduced in 1993 and was received similarily to the Royal Oak. The critics proclaimed that the Offshore completely destroyed the legacy of the Royal Oak. Even Genta was displeased with the updated design. However, despite initial criticism, the Offshore proved to be a great success. The offshore celebrated its 25 year anniversary in 2018 And this year, Audemars Piguet is celebrating the Royal Oak 50th anniversary making the production of 2022 pieces equipped with a special rotor, making them extremely collectable.
|Movement||Self Winding 50th anniversary edition|
In House Calibre 4401
|Box & Papers||Complete, Full set|