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8094Σ

Panerai

Ref. PAM01688

Luminor Perpetual Calendar Goldtech

A very fine and “like-new” limited edition cushion-shaped pink gold perpetual calendar dual-time wristwatch with small seconds, burgundy sunburst dial, Chinese calendar, 3-day power reserve, day and night, leap year indication, digital year display, zero-reset function, warranty and presentation box, numbered 12 of a limited edition of 100 pieces

Estimate
HK$100,000 - 200,000
€12,200 - 24,500
$12,800 - 25,600
HK$165,100
Lot Details
Manufacturer
Panerai
Year
Circa 2025
Reference No
PAM01688
Movement No
001’425
Case No
OP7111, PL0196067, AA012/100
Model Name
Luminor Perpetual Calendar Goldtech
Material
18K pink gold
Calibre
Automatic, cal. P.4100, 55 jewels
Bracelet/Strap
Rubber
Clasp/Buckle
18K pink gold Panerai pin buckle
Dimensions
44mm diameter
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by Panerai warranty card dated 9th January 2025, additional crocodile strap, product literature, hang tag, fitted presentation box and outer packaging.
Catalogue Essay
- Many watch manufacturers celebrate Lunar New Year with limited edition releases, and in this Year of the Snake, Panerai once again captivates the community with an extraordinary offering – PAM01688.

- Limited to just 100 pieces, this timepiece is rich with Chinese cultural references, including the lucky number 88 in its reference—deeply rooted in tradition as a symbol of fortune and abundance. Additionally, the term “1688” serves as a lucky phrase, promising good fortune and prosperity for the future.

- Encased in Panerai’s innovative Goldtech material, an alloy that combines pure gold with platinum and copper. This watch showcases a warm, rich hue while enhancing durability, making it a fitting addition to the sports watch category. The sunburst burgundy dial features a Chinese calendar, elegantly complementing the case while maintaining a subtlety on the wrist.

- Visible through the sapphire case back, the reverse of the watch is equally impressive, displaying perpetual calendar functions alongside a 3-day power reserve indicator and a 22K gold micro-rotor. This PAM01688 is numbered 12 of the limited edition, and it comes complete with its certificate and presentation box.

- Offered in like-new condition, this reference marks its auction debut, making it an ultimate lucky choice for the most discerning collectors.

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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