Panerai - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 1993
    Reference No: OP6513
    Case No: BB980474
    Model Name: Luminor Marina Militare
    Material: Titanium
    Calibre: Mechanical, 16’’’, 17 jewels
    Bracelet/Strap: Brown Officine Panerai calf leather strap
    Clasp/Buckle: Titanium Panerai buckle
    Dimensions: 44 mm. bezel width
    Signed: Case, dial and movement signed, case further engraved 177/200

  • Catalogue Essay

    In the 1950s, Panerai manufactured wristwatches for the Italian Naval Force and all these watches bear the designation ‘Marina Militare’ designation on the dial at the request of the Italian Marine. Panerai ceased production of these timepieces in 1970 and they were made available to the public in 1993.

    The present Marina Militare wristwatch is numbered 177 of a limited edition of 200 pieces only. The Italian Navy Force remains extremely strict about the use of its name, making this present watch with the ‘Marina Militare’ appellation very sought after amongst collectors.

  • Artist Biography


    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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Ref. OP6513
A fine and rare titanium limited edition cushion-shaped wristwatch

Circa 1993
44 mm. bezel width
Case, dial and movement signed, case further engraved 177/200

HK$120,000 - 200,000 

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016