1031
Panerai
Ref. PAM 203
Luminor 1950
An very fine and rare limited edition stainless steel wristwatch with 8-day Angelus movement, power reserve, guarantee and presentation box, numbered 111 of a limited edition of 150 pieces
- Estimate
- HK$240,000 - 480,000€27,100 - 54,100$30,800 - 61,500
HK$437,500
Lot Details
- Manufacturer
- Panerai
- Year
- Circa 2005
- Reference No
- PAM 203
- Case No
- BB 1171753
- Model Name
- Luminor 1950
- Material
- Stainless steel
- Calibre
- Manual, cal. Angelus 240, 15 jewels
- Bracelet/Strap
- Leather
- Clasp/Buckle
- Stainless steel Officine Panerai pin buckle
- Dimensions
- 47mm Diameter
- Signed
- Dial, case and movement signed
- Accessories
- Further delivered with certificate dated November 2005, guarantee card, fitted presentation box, wallet, book, setting tool, extra leather strap, hangtag, product literature and outer packaging.
Specialist
Full-Cataloguing
Catalogue Essay
Panerai’s PAM 203 was an instant success when released in 2005, as it was a combination of both vintage and contemporary horology. The timepiece featured a modified Angelus caliber 240 movement, which had remained in stock and unused for years. Panerai spent two years refurbishing the movements and encasing them in their icon stainless steel cushion-shaped wristwatch before offering them in a limited edition of 150 examples.
To increase their exclusivity, Panerai CEO Angelo Bonati personally selected the true Paneristi who would be offered each watches. The present example number 111 is in excellent overall condition and complete with certificate and presentation box. It is an interesting reminder of the glorious past of Panerai.
To increase their exclusivity, Panerai CEO Angelo Bonati personally selected the true Paneristi who would be offered each watches. The present example number 111 is in excellent overall condition and complete with certificate and presentation box. It is an interesting reminder of the glorious past of Panerai.
Panerai
Italian | 1860Known 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.
Browse MakerPanerai'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.