The Audemars Piguet Code 1159 collection, launched in 2019, has been a subject of much discussion within the horological community. Its unconventional design, a departure from AP's more traditional aesthetics, initially polarized opinions. However, its undeniable craftsmanship, innovative movements, and – crucially – its price point, have cemented its place as a significant player in the luxury watch market. This article will delve into the pricing of the Audemars Piguet Code 1159, exploring the factors that contribute to its hefty price tag, ranging upwards of $175,000+, and examining its position within the broader Audemars Piguet price landscape.
Audemars Piguet 11.59 Price: A Range of Complexity
The price of an Audemars Piguet Code 1159 watch is far from uniform. It varies significantly based on several key factors:
* Movement: The most significant factor influencing price is the complexity of the movement. The collection encompasses a wide range of calibers, from simple self-winding movements to highly complicated chronographs, perpetual calendars, and tourbillons. A basic self-winding Code 1159 might start around $25,000, while a highly complicated model can easily surpass $175,000, and even reach significantly higher prices in the secondary market. The inclusion of complications such as a chronograph, moon phase, or minute repeater dramatically increases the manufacturing cost and, consequently, the retail price.
* Material: The case material also plays a substantial role in determining the price. While stainless steel models represent the entry point into the collection, precious metals like 18-karat rose gold, white gold, and yellow gold significantly increase the cost. Platinum models, often featuring intricate detailing, command the highest prices within the collection. The cost of the raw materials and the specialized techniques required for their fabrication contribute to the premium.
* Dial and Bracelet: The dial's design and the bracelet material also influence the price. Dials can range from simple, clean designs to intricate guilloché patterns or gemstone settings. Similarly, bracelets can be made of stainless steel, precious metals, or leather straps, each with its own cost implications. Intricate dial work and precious metal bracelets, especially those with integrated designs, will add considerably to the overall price.
* Limited Editions and Special Releases: Audemars Piguet frequently releases limited-edition Code 1159 models, often featuring unique dial designs, case materials, or special engravings. These limited editions often command significantly higher prices than their standard counterparts due to their exclusivity and collector appeal. The scarcity factor significantly drives up the value in the secondary market.
* Retailer Markup: The final price a consumer pays will also depend on the retailer. Authorized dealers may have varying markups, and some may even add premiums for highly sought-after models. This variation in pricing makes it crucial for potential buyers to shop around and compare prices before committing to a purchase.
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