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The Encyclopedia of Horology

Wristwatch · Jump hour minute-repeating wristwatch

Audemars Piguet Reference 25723 Jump Hour Minute Repeater

Partially verified

This Audemars Piguet Reference 25723 is a manual-winding, rectangular wristwatch in 18K yellow gold. It features a white dial with a minute-repeater mechanism, a jumping hour display at 12 o'clock, and a subsidiary seconds dial at 6 o'clock. The watch is powered by the manual-wind Calibre 2865, developed with Renaud & Papi. The watch measures approximately 29mm by 38mm and is reported to have a thickness of approximately 8–9mm. It is fitted with a leather strap and an 18K yellow gold pin buckle. The auction description reports the watch was sold on June 23, 1993. The object is accompanied by an Audemars Piguet fitted wooden box, the original Certificate of Authenticity, an instructions booklet, and a factory hang tag. The auction report indicates the movement requires an overhaul, and the case shows light scratches.

Audemars Piguet Reference 25723 in 18K yellow gold with white dial.
Audemars Piguet Reference 25723 in 18K yellow gold with white dial. — Antiquorum. Rights pending — permission not yet requested. Original source

Catalogue identity

Source
catalog.antiquorum.swiss
Category
Wristwatch · Jump hour minute-repeating wristwatch
Maker / attribution
Audemars Piguet
Reference
25723
Catalogue / lot identifier
128
Source-reported date
1993
Source-reported place
Switzerland
Source-reported serial
D22096 No.25

Source-reported attribution and specifications are not independent authentication. A listing does not establish present ownership, current display, availability or permission to reproduce.

Object description

Case and Dial

The watch features a rectangular case constructed from 18K yellow gold, measuring 29mm by 38mm. The aesthetic includes an aperture for the jumping hour at the 12 o'clock position and a subsidiary seconds dial positioned at 6 o'clock. A sliding actuator for the minute-repeater mechanism is integrated into the side of the case. The AP 25723 remains the slimmest true minute repeater + jumping hour wristwatch produced to date.

The dial is finished in white and incorporates numerals for the minutes surrounding the central hour display. The case design is described as Art Deco-inspired, with a reported thickness of approximately 8 to 9 millimeters.

Evidence for this section
  • “18K yellow gold manual-winding rectangular wristwatch”
  • “features a white dial with a minute repeater, a jumping hour at 12, and a subsidiary seconds dial at 6”
  • “Its elegant Art Deco-inspired case”

Movement and Complications

The timepiece is powered by the manual-winding Calibre 2865, which was developed in collaboration with Renaud & Papi. This movement facilitates the synchronization of two complications: an instantaneous jumping-hour display and a minute-repeater mechanism.

The construction of this movement was intended to minimize the thickness of the watch, allowing for a slim profile despite the complexity of the chiming and jumping-hour components.

Evidence for this section
  • “Powered by the exceptionally thin manual-wind Calibre 2865 (developed with Renaud & Papi)”
  • “it was the first modern AP wristwatch to successfully unite these two iconic complications”

Condition and Provenance

The auction description reports the watch remains in good condition, noting that the case shows light scratching.

The watch is accompanied by original documentation, including a Certificate of Authenticity dated June 23, 1993, an instructions booklet, a factory hang tag, and an Audemars Piguet fitted wooden box.

Evidence for this section
  • “Grade: Case: 2-8 Very good Slightly scratched”
  • “Movement: 2* Very good Overhaul recommended, at buyer's expense”
  • “complete with its original fitted wooden box, original Certificate of Authenticity (dated 23 June 1993), and factory hang tag”

Open research questions

  • What specific technical challenges were overcome by Renaud & Papi in the miniaturization of the Calibre 2865?
  • How does the chime mechanism of the 25723 differ from earlier Audemars Piguet repeaters from the 1920s?

Source evidence

Recorded claims and source quotations for Audemars Piguet Reference 25723 Jump Hour Minute Repeater
FieldSource-reported valueSource quotation
Reference25723“REF. 25723”
Case material18K yellow gold“18K yellow gold manual-winding rectangular wristwatch”
Movement caliber2865“Caliber 2865”
Movement serial373157“Movement No. 373157”
Case serialD22096 No.25“Case No. D22096 No.25”
Dimensions29mm x 38mm“Diameter 29mm x 38mm”
Sale date23 June 1993“Year sold on 23 Jun 1993”

Visible details

  • White dial with jumping hour aperture and subsidiary seconds
  • Repeater slide actuator visible on the side of the case
  • 18K gold case with integrated lugs
  • Case back features serial numbers stamped in the metal

Research qualifications

  • The auction description recommends a mechanical overhaul
  • Exact production count across variants is estimated between 208 and 257 examples

Photograph identity and source facts were screened before import; rights clearance remains pending.

Consulted source

REF. 25723, SLIM, JUMP HOUR MINUTE REPEATER, 18K YELLOW GOLD

Reviewed 2026-10-26 · Record f27441d1d8

Terms in this record

Glossary explanations for terms named in this object’s record.