Panerai - The Geneva Watch Auction: XIII Geneva Saturday, May 8, 2021 | Phillips

The Geneva Watch Auction: XIII

Geneva Auction 8 - 9 May 2021

  • Manufacturer: Panerai
    Year: Circa 2019
    Reference No: PAM968
    Movement No: 043'649
    Case No: OP7112, BB1940655, lim. ed. no.: V0044/1000
    Model Name: Submersible "Bronzo"
    Material: Bronze and Titanium
    Calibre: Manual, cal. P9010, 31 jewels
    Bracelet/Strap: Panerai leather strap
    Clasp/Buckle: Panerai titanium pin buckle
    Dimensions: 47mm Diameter
    Signed: Case, dial, movement, strap and buckle signed
    Accessories: Accompanied by Panerai warranty card dated February 20, 2019 and stamped by Panerai Boutique Paris, instructions booklet, additional khaki rubber strap, bracelet removal tool, numbered stickers, numbered tag, fitted presentation box, outer packing, further outer packaging

  • Catalogue Essay

    Panerai has long been a brand associated with professional diving since the mid-20th century. The Panerai Submersible model is one of the most celebrated timepieces manufactured by the firm due to its robustness and professional depth rating of up to 300 meters. With limited editions encased in a Bronze case, the feature is delightful yet unique as it develops over time a layer of oxidation patina, amplifying its charm and uniqueness.

    In 2011, Panerai introduced the PAM00968 Luminor Submersible encased in a 47mm diameter bronze case, exemplified by the present example part of a limited edition of 1,000 pieces. Its apt nickname “Bronzo” comes from the Italian word for bronze, and from a technical standpoint the watch features an in-house cal. 9010 with up to 3 days of power reserve via two barrels.

    The present example is numbered V0044/1000 and it is offered by its original owner in absolutely “as new” condition - never having seen any wrist time at all - and accompanied by the full set of accessories. It is a fantastic chance for lovers of diver's watches to acquire an attractive and robust professional tool watch, and to witness the fascinating metamorphosis of the case from a “mint” starting point.

  • 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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Panerai

Ref. PAM968
A rare and impressive bronze automatic diver's wristwatch with date, crown protection device, titanium back, Guarantee and box, number 44 of a 1000 pieces limited edition

Circa 2019
47mm Diameter
Case, dial, movement, strap and buckle signed

Estimate
CHF8,000 - 12,000 
€7,300-10,900
$8,700-13,100

Sold for CHF20,160

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

41 79 637 1724
aghotbi@phillips.com

 

 

The Geneva Watch Auction: XIII

Geneva Auction 8 - 9 May 2021