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

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  • Manufacturer: Panerai
    Year: 2010
    Reference No: PAM 360
    Case No: BB 1'413'464
    Model Name: Luminor Paneristi 10th Anniversary
    Material: Stainless steel
    Calibre: Manual, cal. OP 1, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Blackened stainless steel Officine Panerai pin buckle
    Dimensions: 44mm Diameter
    Signed: Case, dial and movement signed
    Accessories: With Certificate Luminor for Paneristi’s Anniversary, Guarantee card with retailer dated 20 August 2010, product literature, setting tool, extra rubber strap, case protector, outer packaging and fitted presentation box

  • Catalogue Essay

    Launched in 2010, the PAM 360 was produced as a limited edition series for the 10th anniversary of Paneristi. With only 300 pieces produced, it was recorded that over 2,600 pre-orders were made online when it was launched. Paneristi is a community for collectors and enthusiasts of Officine Panerai, and the watch was only offered to the most dedicated members in the community.

    The present example is numbered 38/300 presented in overall very good condition with minimal signs of wear. The watch is further accompanied by the full set of accessories that was delivered with the watch when it was purchased by the original owner.

  • 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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1075

Ref. PAM 360
A fine and rare limited edition blackened stainless steel wristwatch with certificate, guarantee and presentation box, numbered 38 of a limited edition of 300 pieces

2010
44mm Diameter
Case, dial and movement signed

Estimate
HK$47,000 - 62,000 
€5,300-7,000
$6,000-7,900

Sold for HK$93,750

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