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

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  • Manufacturer: Panerai
    Year: Circa 2007
    Reference No: PAM249
    Movement No: 501’873
    Case No: BB1217488, 627/1936
    Model Name: Radiomir 1936
    Material: Stainless steel
    Calibre: Manual, cal. OP X, 17 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Panerai pin buckle
    Dimensions: 47mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Panerai International Guarantee Certificate stamped by a Japanese retailer dated 12th July 2007, certificate, instruction manual, product literature, book, extra crystal, hang tag, outer packaging and fitted presentation box.

  • Catalogue Essay

    Released in 2006, the PAM249 was released as a limited edition of 1,936 pieces as a tribute the to the firm’s early prototypes from the 1930s. Executed with heavy resemblance to its original examples, the limited edition timepiece were fitted with certain modern upgrades.

    Encased in a large 47mm diameter cushion-shaped case with an oversized crown lies a beautifully matched “California” dial with the combination of Arabic, Roman and geometrically-shaped numerals. To enhance its vintage appeal, the dial is protected via a Plexiglass crystal instead of sapphire allowing a domed finish.

    The present example numbered 627 is offered in “like new” overall condition with no signs of wear and is accompanied by its full set of accessories with an extra Plexiglass crystal.

  • 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. PAM249
A fine, attractive and well-preserved limited edition stainless steel cushion-shaped wristwatch with “California” dial with certificate and presentation box, numbered 627 of a limited edition of 1,936 pieces

Circa 2007
47mm diameter
Case, dial, movement and buckle signed

HK$31,000 - 47,000 

Sold for HK$63,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021