Panerai - The Hong Kong Watch Auction: FOUR Hong Kong Monday, May 29, 2017 | Phillips

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  • Manufacturer: Panerai
    Year: 2009
    Reference No: PAM00317
    Case No: BB1318035
    Model Name: Luminor 1950 Ceramic 8 Days Chrono Monopulsante GMT
    Material: Black ceramic
    Calibre: Mechanical, P.2004, 29 jewels
    Bracelet/Strap: Black Panerai calf leather strap
    Clasp/Buckle: Black ceramic Panerai buckle
    Dimensions: 44 mm. bezel width
    Signed: Case, dial and movement signed, case further engraved K326/500
    Accessories: With Panerai International Guarantee Certificate dated 17 September 2009, additional rubber strap, product literature, screwdriver, fitted presentation box and outer packaging.

  • Catalogue Essay

    PAM00317 was first introduced at the SIHH in 2009 and the watch was an instant success. Encased in black ceramic, the production process of PAM317 was extremely complicated. The matte black ceramic case is scratch resistant and gives the watch a very futuristic look. The watch features a variety of functions including dual time, single-button chronograph, 8-day power reserve and day and night indicator. Complementing the overall black appearance, the movement is also PVD-coated and can be admired through the sapphire crystal case back. Offered in like new condition, the present watch is numbered 326 of a limited edition of 500 pieces only.

  • Artist Biography

    Panerai

    Italian • 1860

    Known for its robust designs and large case sizes, Officine Panerai was established in 1860 by Giovanni Panerai in Florence, Italy. Around 1900, Giovanni's grandson Guido Panerai took over, and Panerai became the supplier to the Regia Marina — the Royal Italian Navy. After supplying the navy with high-precision instruments for a number of years, Officine Panerai created Radiomir, a radium-based powder that gives luminosity to the dials of sighting instruments and devices. By 1936, the Royal Italian Navy approached Panerai again with the request to design a watch resistant to extreme underwater conditions. The watch they created became known as the "Radiomir".

    Panerai's watches made during the early twentieth century era were comprised of cases designed and manufactured by Rolex SA, with Cortébert, a Swiss manufacturer, supplying the majority of their movements. The most recognizable designs from the firm are the Radiomir and Luminor. To date, vintage models from the first half of the 1900s, such as the reference 3646 and 6152 models, remain the most desirable among collectors.

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Property of an Important Collector

926

Ref. PAM00317
A fine and rare black ceramic limited edition cushion-shaped single button chronograph dual time wristwatch with 8 day power reserve and day and night indicator

2009
44 mm. bezel width
Case, dial and movement signed, case further engraved K326/500

Estimate
HK$70,000 - 90,000 
€8,400-10,800
$9,000-11,000

Sold for HK$118,750

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: FOUR

Hong Kong Auction 30 May 2017