Panerai - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 2011
    Reference No: PAM 289
    Movement No: 00’018’277
    Case No: BB 1’411’349
    Model Name: Luminor 1950 8 Days GMT
    Material: 18K pink gold
    Calibre: Manual, cal. P.2002-018277, 21 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold Panerai buckle
    Dimensions: 44 mm diameter
    Signed: Case, dial and movement signed
    Accessories: With certificate stamped by Volta S.p.A., Panerai wooden fitted presentation box, additional rubber strap, screwdriver, plastic case protector, micro-fiber cloth and outer packaging.

  • Catalogue Essay

    Panerai’s Luminor 1950 8 Days GMT is a wondrous amalgamation of advanced horological technology and iconic style. The characteristic oversized case, made of 18k pink gold, gives the present lot an unmatched aura of grandeur and sophistication. The present model has an unmissable masculine appeal, and holds the distinctive trait that everyone would expect in a Luminor – an oversized, cushion-shaped case. In addition to the characteristic crown protector, the watch also has a GMT-indication and a power reserve bar to let the user know how much of its remarkable eight days power reserve remains.

    The watch was produced in a limited number, and our research shows that very few examples have surfaced on the market so far, making it a great asset to any watch connoisseur.

  • 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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THIS LOT IS TO BE SOLD WITH NO RESERVE

Σ853

Lot offered with No Reserve

Ref. PAM 289
A fine and attractive pink gold wristwatch with dual time, 8 days power reserve, date, certificate and presentation box

Circa 2011
44 mm diameter
Case, dial and movement signed

Estimate
HK$62,000 - 94,000 
€6,800-10,400
$7,900-12,100

Sold for HK$106,250

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: SEVEN

Hong Kong Auction 27 November 2018