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Property from the Original Owner

833

Panerai

Ref. PAM00040

Luminor Marina

A rare titanium limited edition cushion-shaped wristwatch

Estimate
HK$50,000 - 80,000
€6,000 - 9,600
$6,400 - 10,000
Lot Details
Manufacturer
Panerai
Year
1999
Reference No
PAM00040
Case No
BB980052
Model Name
Luminor Marina
Material
Titanium
Calibre
Mechanical, OP II, 17 jewels
Bracelet/Strap
Brown <em>Panerai </em>calf leather strap
Clasp/Buckle
Titanium <em>Panerai </em>buckle
Dimensions
44 mm. bezel width
Signed
<em>Case, dial and movement signed, case further engraved B155/200</em>
Accessories
With <em>Panerai </em>screwdriver and fitted presentation box.
Catalogue Essay
The PAM00040 was limited to 200 pieces and the present watch is numbered 155 of that limited series. When Panerai was sold in 1997, the components of the PAM00040 was sold with it and retailed under the company's new owners in 1998. The present watch is a very attractive and original example of one of these early titanium PAM00040.

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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