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

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  • Manufacturer: Panerai
    Year: Circa 2017
    Reference No: PAM 578
    Movement No: 0180
    Case No: OP6992, S 052/150
    Model Name: Lo Scienziato Luminor 1950 Tourbillon GMT Titanio
    Material: Titanium
    Calibre: Manual, cal. P.2005/T, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Titanium Panerai deployant clasp
    Dimensions: 48mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Further accompanied by Officine Panerai guarantee certificate dated 13th February 2017, limited edition certificate, instruction manual, tool, extra leather strap with Panerai buckle, plastic case protector, hang tags, outer packaging and fitted presentation box.

  • Catalogue Essay

    Paying its homage to the great Galileo Galilei, one of the most important scientists of all time, Panerai launched the Lo Scienziato series in 2010. With an innovative approach to creating these timepieces, the manufacturer displayed their artisanal craftsmanship via a complex skeletonized in-house cal. P.2005. Featuring a double barrel, the movement boasts a power reserve of up to 6 days with an asymmetrically positioned rotating tourbillon in between 10 and 11 O’clock. Encased in a large 48mm titanium case, one would still expect some heft to the watch as the movement consists many more parts than a regular chronometer. With that said, the cal.P.2005/T is the firm’s first movement with brides made entirely of titanium weighing an impressive 35% less than the regular skeletonized version cal.P.2005/S.

    The present example encased in titanium is numbered 52 out of a limited edition of 150 pieces and presented in excellent overall condition with the full set of accessories.

  • 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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Σ971

Ref. PAM 578
A very fine and rare limited edition titanium skeletonized perpendicular rotating tourbillon dual time cushion-shaped wristwatch with day and night indication, power reserve indication, warranty and box, numbered 52 of a limited edition of 150 pieces

Circa 2017
48mm diameter
Case, dial, movement and clasp signed

Estimate
HK$310,000 - 470,000 
€33,800-51,300
$39,700-60,300

Sold for HK$475,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

 

The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020