A fine limited edition white gold cushion-shaped chronograph wristwatch with date, guarantee and box, numbered 43 of a limited edition of 100 pieces

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  • Condition Report

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  • Manufacturer: Panerai
    Year: Circa 2003
    Reference No: PAM 00045
    Movement No: 000’021
    Case No: BB985’412, B043/100
    Model Name: Luminor Chrono Automatic 40mm
    Material: 18K white gold
    Calibre: Automatic, cal. OP 4, 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel pin buckle
    Dimensions: 40mm diameter
    Signed: Case, dial and movement signed
    Accessories: Further accompanied by Panerai guarantee dated 3rd February 2003 stamped Exquisite Timepieces & Jewellery London, instruction manual, product literature, outer packaging and fitted presentation box.

  • Catalogue Essay

    The Panerai Luminor Chrono Automatic 40mm in 18K white gold was launched in 1999 as a limited edition of 100 pieces. Released to commemorate the new millennium, the dial reflects just that. Embossed on the main dial in monogram style “Panerai 2000”, it features a 12-Hour register, small seconds register and a 30-Minute register. With luminous indexes and hands, the legibility of the dial is strong.

    The present example numbered 43 is presented in excellent overall condition and is further charmed by the original guarantee and fitted presentation box.

  • Maker Bio

    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. PAM 00045
A fine limited edition white gold cushion-shaped chronograph wristwatch with date, guarantee and box, numbered 43 of a limited edition of 100 pieces

沛納海,「Luminor Chrono Automatic 40mm」型號PAM 00045,限量版18K白金自動計時腕錶,備日期顯示,限量發行100枚,編號43號,約2003年製。附原裝證書、錶盒、配件

Circa 2003
40mm diameter
Case, dial and movement signed

Estimate
HK$47,000 - 70,000 
€5,300-7,900
$6,000-9,000

sold for HK$87,500

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2031

WatchesHK@phillips.com

 

The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020