Panerai - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips

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  • Manufacturer: Panerai
    Year: 2011
    Reference No: PAM 382, OP6808
    Movement No: 033’286
    Case No: BB 1'470'677
    Model Name: Luminor Submersible 1950, Bronzo
    Material: Bronze, titanium case back
    Calibre: Automatic, cal. P. 9000, 28 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Titanium Officine Panerai buckle
    Dimensions: 47mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by a certificate Luminor Submersible 1950 3 Days Automatic Bronzo dated 21st November 2011, guarantee booklet retailer stamped Panerai, Hong Kong Boutique, fitted presentation box, product literature, setting tool, additional strap and outer packaging.

  • Catalogue Essay

    Released at SIHH in 2011, the Luminor Submersible 1950, Bronzo was a new take on design and style as the oversized 47 mm case was manufactured in bronze. Similar to mid-century dive helmets and tools, bronze is a metal highly resistant to the harsh environment and idea for dive instruments.

    The model with brushed bronze case and green dial have a distinctly 1950s vibe and charm. Over time, bronze develops a patina due to oxidation and the present example has a warm brown hue overall, but with the characteristic green patina that occurs with time between the lugs. With the in-house caliber P. 9000 automatic movement, the watch has a 3-day power reserve. PAM 382 is highly sought out by Panerai collectors for its unique metal case and strong masculine appeal.

  • 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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1029

Ref. PAM 382, OP6808
A fine and rare oversized limited edition bronze diver’s wristwatch with date, 3-day power reserve, certificate and fitted presentation box, numbered 129 of a limited edition of 1000 pieces.

2011
47mm Diameter
Case, dial, movement and buckle signed

Estimate
HK$78,000 - 120,000 
€8,800-13,500
$10,000-15,400

Sold for HK$187,500

Contact Specialist

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

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019