Panerai - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 1997
    Reference No: PAM 0021
    Case No: 34/60
    Model Name: Radiomir
    Material: Platinum
    Bracelet/Strap: Brown Panerai crocodile leather strap
    Clasp/Buckle: Platinum Panerai buckle
    Dimensions: 47 mm. diameter
    Signed: Mechanical, 618, 17 jewels
    Accessories: With additional Panerai platinum case back.

  • Catalogue Essay

    Following the launch of the first Radiomir prototype in 1936, Officine Panerai started producing dive watches to the Italian Navy. At the time, Rolex produced the movements for Panerai.

    The present watch encased in platinum, with Rolex movement, is a re-edition of the reference 3646. It is one of the rarest and most sought after Panerais of modern production. Manufactured in limited edition series of 60 pieces, the present watch is numbered 34.

  • Artist Biography


    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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Δ Σ328

Ref. PAM 0021
A rare and important platinum wristwatch wirh Rolex movement

Circa 1997
47 mm. diameter
Mechanical, 618, 17 jewels

HK$600,000 - 800,000 

Sold for HK$812,500

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am