Panerai - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips

Create your first list.

Select an existing list or create a new list to share and manage lots you follow.

  • Manufacturer: Panerai
    Year: Circa 2009
    Reference No: PAM322
    Movement No: No. 103/150
    Case No: BB1308626, 103/150
    Model Name: Radiomir Titanium
    Material: Titanium
    Calibre: Manual, cal. OPXXVII, 18 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Titanium Panerai pin buckle
    Dimensions: 47mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai International Guarantee Certificate stamped Officine Panerai Hong Kong dated 5th June 2009, limited edition certificate, instruction manual, product literature, hang tags, key, leather pouch, outer packaging and fitted presentation box.

  • Catalogue Essay

    Released in 2008, the Panerai Radiomir Titanium PAM322 is one of the most celebrated limited edition timepieces launched by the firm in recent times. Paying no less of a tribute to the classic military watches from the 1930s, the aesthetics remain very similar with a clean cut “tobacco” dial with small seconds at 9 o’clock. The oversized titanium case measuring 47mm in diameter is certainly a first for the model, providing the wearer with enhanced comfort on the wrist lighter than stainless steel while still retaining its oversized military flare.

    Powered by manual cal. OPXXVII, the base hails from the famous Miverva cal. 16-17, one of Switzerland’s top micro-manufacturers of high quality Swiss movements. Combining both technical excellence with traditional craftsmanship, the PAM322 is considered one of the modern greats from Panerai.

    The present example numbered 103 of a limited edition of 150 pieces is offered from the family of the original owner and is further presented in a well-preserved condition with its full set of accessories.

  • 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.

    View More Works


Lot offered with No Reserve

Ref. PAM322
An attractive limited edition titanium cushion-shaped wristwatch with small seconds, certificate and presentation box, numbered 103 of a limited edition of 150 pieces

Circa 2009
47mm diameter
Case, dial, movement and buckle signed

HK$40,000 - 80,000 

Sold for HK$138,600

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021