Lot 21

Audemars Piguet. A fine and rare 18k gold automatic bracelet watch
So called 'Cobra' model Ref.5384. Movement No. 116706 Case No.57078, made circa 1971




Auction: 20 May 2026 from 14:00 BST
Description
Cal.2120 ultra-slim self-winding 36 jewel movement with Gyromax balance and 21k gold lined rotor, champagne dial with baton indexes, baton hands, cushion shape 18k gold case with integral texted fine link bracelet. Case, dial and movement signed, case numbered to the reverse, 78 repeated to the inner case back and upper inner case.
Accompanied by a period correct clamshell style Audemars Piguet presentation case.
Dimensions
Width 32mm. Approx. bracelet size 190mm.
Provenance
From the family of the original owner, it is the first time this watch has been offered for sale since purchased new.
Footnote
The inner case hammer stamp 115 is for Favre & Perret SA, La Chaux-de-Fonds, who also made some of the more unusual elliptical cases for Patek Philippe. Due to the complexity of the bracelet, this would have been made by a specialist and the clasp is additionally stamped JPE, most likely for famed bracelet maker Jean-Pierre Ecoffrey.



