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  • Manufacturer: Panerai
    Year: Circa 2012
    Reference No: PAM456
    Case No: BB1’528’901, 042/150
    Model Name: Luminor Marina Saudi Arabia Boutique
    Material: Stainless steel
    Calibre: Automatic, cal. OPII, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 44mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by extra Panerai rubber strap and fitted presentation box.

  • Catalogue Essay

    To celebrate the opening of the Saudi Arabia Al Khobar Panerai Boutique, the firm released the PAM456 Luminor Marina in 2012. Adopting a 44mm diameter polished stainless steel case, the aesthetics are kept traditional and clean. Housed inside the case lies a classic black sandwiched dial with special ecru Super-Luminova giving an aged appeal for the dial. Furthermore, a slow-speed torpedo can be witnessed above the signature paying homage to the vessel on which the Italian Navy carried out their historic missions in WWII.

    Released as a limited edition of 150 pieces, the present example numbered 42 is offered in attractive overall condition.

  • 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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Ref. PAM456
An attractive and rare limited edition stainless steel cushion-shaped wristwatch with small seconds and presentation box, numbered 42 of a limited edition of 150 pieces, made for the opening of the Saudi Arabia Al Khobar Panerai Boutique

Circa 2012
44mm diameter
Case, dial, movement and buckle signed

Estimate
HK$25,000 - 45,000 
€2,700-4,900
$3,200-5,800

Sold for HK$44,100

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021