Panerai - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 2010
    Reference No: PAM000
    Case No: PB 515’244, G083/500
    Model Name: Luminor, Firenze 1860
    Material: Stainless steel
    Calibre: Manual, cal. OP 1, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Officine Panerai pin buckle
    Dimensions: 44mm Diameter
    Signed: Case, dial and movement signed
    Accessories: Further delivered with extra Officine Panerai rubber strap

  • Catalogue Essay

    Officine Panerai has a long history of producing military watches, especially for the Italian Navy. The OP6616 is a limited edition series of 500 pieces that started its production in 2004. The present example is numbered 083/500 pieces. Evolved from the brand’s legacy of creating iconic underwater watches, the current model features state-of-the-art horological technology with a twist of nautical inspiration.

    The watch was produced in a limited number, and our research shows that very few examples have surfaced on the market so far. The present watch is preserved in overall excellent condition. Coming directly from the original owner and fresh to the market, the present watch is an excellent piece to collect.

  • 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. PAM000
A rare limited edition stainless steel wristwatch with additional rubber strap, numbered 83 of a limited edition of 500 pieces

Circa 2010
44mm Diameter
Case, dial and movement signed

HK$18,000 - 36,000 

Sold for HK$32,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019