Panerai - The Hong Kong Watch Auction: X Hong Kong Friday, July 10, 2020 | Phillips

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  • Manufacturer: Panerai
    Year: Circa 1993
    Reference No: 5218-201/A
    Case No: 0418
    Model Name: Luminor
    Material: Stainless steel
    Calibre: Mechanical, cal. UT4697, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 44mm diameter
    Signed: Case, dial, movement and buckle signed

  • Catalogue Essay

    Reintroduced in 1993, the Luminor was released in 3 different series. The reference 5218-201/A was launched as a limited edition series of 889 examples with each example stamped with an individual case number on the caseback. Stamped with the “Officine Panerai” logo at 6 O’clock, the present early example is rare as the logo only reappears in examples from 2003 onwards. The present example is numbered 0418 on the caseback and is presented with the original oversized pin buckle.

  • 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. 5218-201/A
A fine and attractive stainless steel limited edition cushion-shaped wristwatch, numbered 0418

Circa 1993
44mm diameter
Case, dial, movement and buckle signed

HK$65,000 - 120,000 

Sold for HK$93,750

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001


The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020